Cannara Biotech Inc. reported earnings results for the fourth quarter ended August 31, 2023. For the fourth quarter, the company reported sales was CAD 18.14 million compared to CAD 11.89 million a year ago. Revenue was CAD 18.28 million compared to CAD 11.95 million a year ago.

Net income was CAD 4.63 million compared to CAD 2.55 million a year ago. Basic earnings per share from continuing operations was CAD 0.05. Diluted earnings per share from continuing operations was CAD 0.05.