Merida Merger Corp. I reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 42.25 million compared to USD 47.36 million a year ago.

Net loss was USD 9.5 million compared to net income of USD 5.07 million a year ago. Basic loss per share from continuing operations was USD 4.74 compared to basic earnings per share from continuing operations of USD 2.89 a year ago. Diluted loss per share from continuing operations was USD 4.74 compared to diluted earnings per share from continuing operations of USD 2.5 a year ago.