Avicanna Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was CAD 1.11 million compared to CAD 0.792221 million a year ago. Net loss was CAD 4.36 million compared to CAD 2.77 million a year ago. Basic loss per share from continuing operations was CAD 0.08.
For the six months, revenue was CAD 2.14 million compared to CAD 1.06 million a year ago. Net loss was CAD 5.3 million compared to CAD 5.87 million a year ago.