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Simply Solventless Concentrates Ltd ( (TSE:HASH) ) has shared an announcement.
Simply Solventless Concentrates Ltd. has announced its Q1 2025 guidance, projecting record annualized revenue of $50 million and a normalized net income of $12 million. The company has also appointed Thomas Facciolo as Vice President of Continuous Improvement and Product Development, aiming to enhance operational efficiency and innovation. The guidance reflects SSC’s strategy of organic growth and strategic acquisitions, with recent acquisitions like Humble Grow Co. contributing to its financial performance. The company anticipates capturing synergies from the pending CanadaBis acquisition, further solidifying its position in the cannabis industry.
More about Simply Solventless Concentrates Ltd
Simply Solventless Concentrates Ltd. (SSC) operates in the cannabis industry, focusing on producing solventless cannabis concentrates. The company is known for its brands such as Astrolab, Frootyhooty, Status, Lamplighter, Roilty, and Zest, and it has expanded its market presence through strategic acquisitions including CannMart, ANC, and Humble Grow Co.
YTD Price Performance: -17.95%
Average Trading Volume: 260,080
Technical Sentiment Signal: Sell
Current Market Cap: C$58.19M
Find detailed analytics on HASH stock on TipRanks’ Stock Analysis page.