Goodness Growth Holdings (TSE:GDNS) has released an update.
Goodness Growth Holdings reported a significant increase in revenue for Q1 2024, reaching $21.1 million, up 44.5% from the previous year, excluding discontinued operations and New York. The company is actively engaged in ongoing litigation with Verano, and concurrently, it has launched two new cannabis beverage brands, Hi*AF and Boundary Waters. Despite challenges, the company is seeing positive trends, particularly with the start of adult-use sales in Maryland and progress in its New York divestiture process.
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