0 seconds of 2 minutes, 33 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
02:33
02:33
 
  • Ayurcann Holdings Corp. (AYUR) has reported financial and operating results for its second-quarter ending December 31, 2021
  • Ayurcann reported increased revenues of 106 per cent and increased gross margins of 500 per cent YoY
  • Igal Sudman, Co-Founder and CEO of Ayurcann sat down with Shoran Devi to discuss the results
  • Ayurcann is a post-harvest solution provider with a focus on custom processes and pharma-grade products for Canada’s adult-use and medical cannabis industry
  • Ayurcann Holdings Corp. (AYUR) opened trading at C$0.17 per share

Ayurcann Holdings Corp. (AYUR) has reported financial and operating results for its second-quarter ending December 31, 2021.

Ayurcann reported increased revenues of 106 per cent and increased gross margins of 500 per cent YoY.

Igal Sudman, Co-Founder and CEO of Ayurcann sat down with Shoran Devi to discuss the results.

“This quarter we have shown and have proven again that Ayurcann is able to maintain a profitable business and expand its market share. Ayurcann works diligently to serve its clients and continues to grow its revenues, while keeping an eye on its bottom line.”

“We are thrilled to see our revenues grow at a steady pace while maintaining strong margins and being responsible to our shareholders. We can confidently say that we fully expect to show continued growth and build on our momentum,” he added.

Ayurcann is a post-harvest solution provider with a focus on custom processes and pharma-grade products for Canada’s adult-use and medical cannabis industries.

Ayurcann Holdings Corp. (AYUR) opened trading at C$0.17 per share.

More From The Market Online
ai generated stock image

@ the Bell: Markets rally to end the week

The TSX saw a modest rise on Friday, concluding a week marked by heightened tensions over US-China trade relations.
ai generated stock image of copper

The looming copper supply and demand imbalance: An investor’s guide

Grid Battery Metals is a Canadian exploration company with a focus on exploration for high-value battery metals.
Cannabis Report above an image of cannabis

StockTalk | Cannabis Report: “Tariff proof”

Several TSX healthcare stocks that cater to various aspects of the healthcare market are listed on the TSX, including notable cannabis stocks.
AI image representing the TSX falling while people lose their jobs,

@ the Bell: Markets tumble as volatility continues

A broad market decline took equities in Canada down significantly on Thursday. Heavyweight sectors lost a lot of ground.