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Good Shroom Co Inc ( (TSE:MUSH) ) has provided an announcement.
Mercanto Holdings Inc. reported a decline in revenue and net profit for Q2 2025, largely due to a product rationalization process in Quebec, its core market. Despite these challenges, the company remains optimistic about future growth, driven by a national expansion strategy and new product launches. Mercanto is set to enter the Quebec vape market and has already introduced THC pouches in several provinces. The company is also focused on improving gross margins through higher-margin products and strategic reworking of inventory.
More about Good Shroom Co Inc
Mercanto Holdings Inc., formerly known as The Good Shroom Co Inc., is a Canadian company operating in the cannabis and wellness product industry. The company primarily focuses on the Quebec market, which has historically accounted for over 93% of its revenue. Mercanto is expanding its product offerings and market presence across Canada, including entering the vape category and launching THC pouches.
YTD Price Performance: -44.44%
Average Trading Volume: 35,315
Technical Sentiment Signal: Buy
Current Market Cap: C$2.54M
For a thorough assessment of MUSH stock, go to TipRanks’ Stock Analysis page.