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The latest update is out from Simply Solventless Concentrates Ltd ( (TSE:HASH) ).
Simply Solventless Concentrates Ltd. has announced the filing of its 2024 annual financials and provided updates on the timing of its Q1 2025 financials. The company experienced significant growth in 2024, with a 194% increase in gross revenue driven by acquisitions and organic growth. Despite a decrease in gross profit and adjusted EBITDA, SSC expanded its asset base and strengthened its team, positioning itself for substantial growth in 2025. The acquisition of Delta 9 Bio-Tech and rebranding to Humble Grow Co. further integrated SSC’s operations, aligning with the growing demand for cannabis flower.
More about Simply Solventless Concentrates Ltd
Simply Solventless Concentrates Ltd. operates in the cannabis industry, focusing on producing solventless cannabis concentrates. The company has expanded its market presence through strategic acquisitions, enhancing its capabilities in extraction, formulation, prerolling, and cultivation.
Average Trading Volume: 333,022
Technical Sentiment Signal: Sell
Current Market Cap: C$40.47M
Learn more about HASH stock on TipRanks’ Stock Analysis page.