PharmaCielo (TSE:PCLO) has released an update.
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PharmaCielo Ltd., reporting its financial results, highlights an operational turnaround with a focus on cost reduction and sales expansion in the global cannabinoid market. The company, after overcoming a regulatory hurdle regarding delayed financial filings, is optimistic about future profitability and shareholder value, citing strategic positioning and export quota acquisitions. Despite a year-over-year reduction in revenue and net losses, PharmaCielo expresses confidence in generating positive results moving forward.
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