A number of cannabis companies posted their latest financial results this week and it was a mixed bag.
Endexx announced that it swung to a profit in the 2022 financial year driven by its acquisition of Hyla, while Aurora Cannabis delivered a third quarter earnings beat and told investors it sees a clear pathway to positive cash flow.
Hexo Corporation, which is being acquired by Tilray Brands, posted a drop in revenues and an adjusted EBITDA loss for 3Q but showed improvements in its loss from operations and operating cash flow.
Catch up on other developments in the cannabis sector here: