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Ayurcann Posts Record Revenue Growth in Q2 2024
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Ayurcann Posts Record Revenue Growth in Q2 2024

Ayurcann Holdings Corp. (TSE:AYUR) has released an update.

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Ayurcann Holdings Corp. has announced a significant surge in its financial performance with gross revenues skyrocketing by 141% in Q2 2024, reaching $10.74 million for the quarter, and an impressive 191% increase for the six-month period, totaling $22.53 million. The company attributes this growth to the launch of 22 new product SKUs in various Canadian provinces and a focus on high-quality, innovative products, including a successful line of flavour-infused pre-rolls. Ayurcann’s continuous efforts to enhance manufacturing efficiencies and expand its market presence underpin these robust results.

For further insights into TSE:AYUR stock, check out TipRanks’ Stock Analysis page.

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