Good Shroom Co Inc (TSE:MUSH) has released an update.
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The Good Shroom Co Inc., a burgeoning force in the Canadian cannabis market, has reported a significant increase in Q2 FY-2024 revenue to $1.12 million and a net profit of $56,017, a positive swing from the previous year’s loss. Despite supply interruptions, the company demonstrated resilience with a swift recovery and continues its commitment to fiscal responsibility by maintaining a healthy working capital without long-term debt. The company’s focus on cannabis products, which constitute 96% of its revenue, has been a key driver of its financial success.
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