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CordovaCann ( (TSE:CDVA) ) just unveiled an update.
CordovaCann Corp. has announced that its Star Buds Cannabis Co. retail operations in Canada continue to show strong performance, with 11 stores gaining market share and maintaining consistent gross margins. The company recorded average monthly revenues of $1.2 million from January to May 2025, with Ontario stores showing a 4.5% year-over-year revenue growth despite weather-related closures. In a strategic shift, CordovaCann is exiting the Oregon and Washington markets due to regulatory challenges, focusing instead on expanding its profitable Canadian retail business.
More about CordovaCann
CordovaCann Corp. is a Canadian-domiciled company focused on building a leading, diversified cannabis products business across multiple jurisdictions, including Canada and the United States. The company primarily provides services and investment capital to the retail, processing, and production vertical markets of the cannabis industry.
YTD Price Performance: 37.50%
Average Trading Volume: 22,617
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$6.04M
See more insights into CDVA stock on TipRanks’ Stock Analysis page.