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An update from Simply Solventless Concentrates Ltd ( (TSE:HASH) ) is now available.
Simply Solventless Concentrates Ltd. has achieved profitability at its subsidiary, Humble Grow Co., exceeding initial projections. The integration of Humble has led to a 40% reduction in operating expenses while maintaining production levels, resulting in higher than expected EBITDA. This success underscores SSC’s effective acquisition strategy, with all past acquisitions contributing to profitability. The company anticipates further growth with the upcoming acquisition of CanadaBis Capital Inc., which is expected to enhance profitability through operational synergies.
More about Simply Solventless Concentrates Ltd
Simply Solventless Concentrates Ltd. (SSC) is a public company based in Alberta, focused on providing pure, potent, terpene-rich cannabis products. The company emphasizes organic revenue growth and strategic acquisitions to enhance its market position.
YTD Price Performance: -28.21%
Average Trading Volume: 250,414
Technical Sentiment Signal: Hold
Current Market Cap: C$50.36M
Find detailed analytics on HASH stock on TipRanks’ Stock Analysis page.