02:14 PM EDT, 05/27/2024 (MT Newswires) -- Ayurcann Holdings ( AYURF ) on Monday said its fiscal third quarter net loss narrowed as revenue almost doubled.

The company, a licensed cannabis producer, said its net loss fell to $0.35 million, or $0.002 per share, in the quarter ended March 31, from net loss of $1 million, or $0.007 per share, a year earlier.

Gross revenue rose 97% to $11.65 million, from $5.9 million, the year before.

Ayurcann ( AYURF ) said that during the last six months it has secured 24 new stock keeping units (SKUs) in the vape, pre-roll and concentrate categories in Ontario, Alberta, Manitoba, Saskatchewan and British Columbia. It has begun selling in Newfoundland and Yukon.

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