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The Markets
by Proactive
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Small-cap coverage continues on .com
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by Proactive
Proactive UK has moved.
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Harvest One Cannabis increases year-on year net revenue and gross profit in full year 2021 earnings

Harvest One Cannabis increases year-on year net revenue and gross profit in full year 2021 earnings

Harvest One Cannabis Inc. (TSX-V:HVT, OTCQB:HRVOF) CEO Gord Davey joined Proactive to discuss its fourth quarter and year-end financials which saw both increased revenue and gross profit. The company reported total net revenue of $7.96 million, compared to $7.78 million in the fiscal year 2020. The 2% year-on-year increase was driven by the company's best-selling LivRelief extra-strength transdermal CBD cream, while gross profit increased by 24% to $1.91 million year-on-year.

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