Goodness Growth Holdings (TSE:GDNS) has released an update.
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Goodness Growth Holdings, a cannabis company, reported a strong financial performance for the fourth quarter and full year of 2023, with a notable 34.4% increase in Q4 revenue and a 42.7% increase in annual gross profit. The company also highlighted the success of their CREAM & Fire strategy, which led to a solid operating income of $5.4 million in Q4 and a significant year-over-year improvement. These results set the stage for an optimistic outlook for 2024, following strategic moves including the divestiture of their New York assets.
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