Kanabo Group Plc (GB:KNB) has released an update.
Kanabo Group Plc, a leader in digital health and medicinal cannabis, reported a 48% revenue increase for FY2023, reaching £895k. The year saw the successful launch of the Treat It online clinic for pain management, expansions into mental health services, and strategic partnerships for in-pharmacy clinics. Despite these advances, the company reduced its adjusted net loss by 26.2% and completed a £2.74 million fundraising round, maintaining a strong cash position of £3.2m.
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