Avicanna Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was CAD 6.45 million compared to CAD 1.17 million a year ago. Net loss was CAD 1.02 million compared to CAD 2.51 million a year ago.

Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.03 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to CAD 0.03 a year ago.