LOVE CANNARA BIOTECH INC.

Cannara Biotech to Host Investor Webcast on Thursday December 19th, 2024

Cannara Biotech to Host Investor Webcast on Thursday December 19th, 2024

MONTREAL, Dec. 12, 2024 (GLOBE NEWSWIRE) -- (“Cannara”, “the Company”, “us” or “we”) () () (), a vertically integrated producer of premium-grade cannabis and derivative product offerings at affordable prices with two mega facilities based in Quebec spanning over 1,650,000 sq. ft., today announced that it will host a webcast investor presentation on Thursday, December 19th, 2024, at 2:00 PM ET.

During the webcast, Nicholas Sosiak, CFO, will conduct a presentation that will cover key financial and operational results for the fiscal year ended August 31, 2024. After the formal presentation, investors will have an opportunity to ask relevant questions through an interactive Q&A session.

Date & Time: December 19, 2024, at 2:00 PM ET

Webcast Link:

To listen to the webcast or participate in the live Q&A, please pre-register using the link provided above. An archived version of the webcast and presentation will be available on the Company's website,

ABOUT CANNARA

Cannara Biotech Inc. () () (), is a vertically integrated producer of affordable premium-grade cannabis and cannabis-derivative products for the Canadian markets. Cannara owns two mega facilities based in Québec spanning over 1,650,000 sq. ft., providing the Company with 100,000 kg of potential annualized cultivation output. Leveraging Québec’s low electricity costs, Cannara’s facilities produce premium-grade cannabis products at an affordable price. For more information, please visit .

CONTACT

Nicholas Sosiak, CPA, CA

Chief Financial Officer

Zohar Krivorot 

President & Chief Executive Officer 





Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



EN
12/12/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on CANNARA BIOTECH INC.

 PRESS RELEASE

Cannara Announces Amendment and Upsize of BMO Credit Facility to Suppo...

Cannara Announces Amendment and Upsize of BMO Credit Facility to Support Facility Expansion at Valleyfield Expanded credit facility to fund initial post-harvest buildout at Valleyfield, supporting the Company’s long-term goal of reaching 100,000 kg annual capacity MONTREAL, Aug. 21, 2025 (GLOBE NEWSWIRE) -- (“Cannara”, “the Company”, “us” or “we”) () () (), a vertically integrated producer of premium-grade cannabis products at disruptive prices with two mega facilities based in Québec spanning over 1,650,000 sq. ft., is pleased to announce amendments to its existing credit facility wit...

 PRESS RELEASE

Cannara annonce la modification et l’augmentation de la facilité de cr...

Cannara annonce la modification et l’augmentation de la facilité de crédit accordée par BMO afin de soutenir l’expansion de ses installations à Valleyfield La facilité de crédit élargie servira à financer la construction initiale post-récolte à Valleyfield, soutenant ainsi l’objectif à long terme de la Société d’atteindre une capacité annuelle de 100 000 kg MONTRÉAL, 21 août 2025 (GLOBE NEWSWIRE) -- (« Cannara », « la Société », « nous » ou « notre ») () () (, producteur verticalement intégré de cannabis de qualité supérieure à des prix abordables, disposant de deux méga-installations ...

 PRESS RELEASE

Cannara Biotech Enhances Financial Flexibility Through Strategic Asset...

Cannara Biotech Enhances Financial Flexibility Through Strategic Asset Sale MONTREAL, Aug. 14, 2025 (GLOBE NEWSWIRE) -- (“Cannara”, “the Company”, “us” or “we”) () () (), a vertically integrated producer of premium-grade cannabis products at affordable prices with two mega facilities based in Québec spanning over 1,650,000 sq. ft., today announced the successful completion of the sale of a non-core building under construction and a related parcel of land located at its Valleyfield site for total proceeds of $5.5 million. This transaction represents a meaningful milestone in the Company’...

 PRESS RELEASE

Cannara Biotech renforce sa flexibilité financière grâce à la vente st...

Cannara Biotech renforce sa flexibilité financière grâce à la vente stratégique d'actifs MONTRÉAL, 14 août 2025 (GLOBE NEWSWIRE) -- (« Cannara », « la Société », « nous » ou « notre ») () () (, producteur verticalement intégré de cannabis de qualité supérieure et de produits dérivés à des prix abordables, disposant de deux méga-installations au Québec d’une superficie de plus de 1 650 000 pieds carrés, a annoncé aujourd'hui la conclusion de la vente d'un bâtiment non essentiel en construction et d'un terrain connexe situé sur son site de Valleyfield, pour un revenu total de 5,5 millions ...

 PRESS RELEASE

Cannara Biotech Delivers Highest Revenue and Profitability Since Incep...

Cannara Biotech Delivers Highest Revenue and Profitability Since Inception in Fiscal Q3 2025 Record Revenue: Total revenues, net of excise taxes increased to $27.3 million in Q3 2025, representing a 40% increase over the prior year period.Record Profitability: Gross profit before fair value adjustments rose to $12.1 million in Q3 2025, representing a 110% increase over the prior year period. Gross margin before fair value adjustments rose to 44% in Q3 2025, from 29% in the prior year period.Record Adjusted EBITDA and Adjusted EBITDA Margin: Delivered seventeenth consecutive quarter of posit...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch