Cann Group Ltd. (AU:CAN) has released an update.
Cann Group Limited has reissued its financial results for the first half of the fiscal year ending December 31, 2023, after initially releasing them without an auditor’s conclusion due to concerns about the company’s ability to continue as a going concern. The updated report includes an unmodified auditor’s conclusion, despite a material uncertainty related to going concern, and highlights a 45.8% increase in revenue and a 23.9% reduction in losses from the previous period.
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