Vertical Integration And Diversified Revenue StreamsCordovaCann's control of cultivation, processing and sales plus licensing and retail/wholesale channels creates durable operational synergies. Vertical integration supports quality control, lowers unit costs over time, and diversification of channels reduces reliance on any single revenue source.
Positive Trailing‑12M Operating And Free Cash FlowA shift to positive operating and free cash flow indicates improving cash generation capacity versus prior years. Sustained positive cash flow can reduce dependence on equity/debt raises, fund working capital and targeted investments, and support a gradual transition toward self-sustaining operations.
Narrowing Losses And Improving Gross MarginProgress toward narrower losses and better gross margins reflects operational improvements and potential scale economics. If maintained, this trend supports a path to EBITDA breakeven, enhances resilience to price pressure, and improves the probability of durable profitability.