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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Harvest One sees 'continuous positive momentum' in its fiscal 1Q as it increases its top-line by 12%

Harvest One sees 'continuous positive momentum' in its fiscal 1Q as it increases its top-line by 12%

Harvest One Cannabis Inc CEO Gord Davey tells Proactive the group is seeing 'continuous positive momentum' as it reported a 12% quarter-over-quarter revenue increase to $2.13 million in its fiscal 1Q 2022 results, from $1.9 million in the previous quarter.

Davey says whats more, it reduced expenses by 37%, and gross margins increased up to 33%, which he says, is important for the sustainability of its brands. Davey adds the group is ‘very focused’ on geographical expansion, expecting to put its US expansion strategy into place by quarters three and four.

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