Private Label Products Growth
Private label products delivered a standout performance with a 19.1% year-over-year increase driven by expanded retail programs and strong sell-through of sustainably grown CEA-produced herb products.
International Revenue Surge
International revenue grew by 66.5% due to new distribution partnerships and expanded retail placements in key global markets.
Launch of Kick Sports Nutrition Line
The launch of the Kick Sports Nutrition line on Amazon expanded digital marketing reach and increased e-commerce sales.
Acquisition of NaturalShrimp
The acquisition of NaturalShrimp aquaculture in Iowa expands R&D capabilities in aquaponics, supports year-round production, and includes patented water treatment technologies.
Strategic Focus on High-Margin Categories
Strategic decision to focus on higher-margin categories by exiting low-margin ones like lettuce and floral, aiming for long-term profitability.