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Avicanna (AVCN) investor relations material
Avicanna Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary13 Nov, 2025
Executive summary
Achieved consecutive quarters of revenue growth in Canada, driven by medical affairs initiatives and increased engagement with the medical community.
Expanded global collaborations and intellectual property portfolio, including a new US patent for topical cannabinoid compositions.
Continued international expansion with first export of organic certified CBD flower to Switzerland and launch of re+PLAY CBD wellness brand in the US.
Financial highlights
Q3 2025 revenue reached $6.40 million, with $18.88 million for the nine-month period ended September 30, 2025.
Canadian revenue increased by 4% sequentially, and international revenue rose by approximately 6% from Q2 2025.
Gross profit was $3.15 million for Q3, with a gross margin of 49%, down from 57% in the prior year due to non-recurring costs and one-time adjustments.
Adjusted EBITDA loss of $0.79 million for Q3, with a nine-month adjusted EBITDA loss of $0.61 million, showing improvement over the prior year.
Outlook and guidance
Management remains confident in the path toward sustainable profitability, focusing on disciplined execution and long-term value creation.
Forward-looking statements highlight expectations for continued business growth and expansion of product offerings.
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Frequently asked questions
Avicanna Inc. is a Canadian international commercial-stage biopharmaceutical company focused on the development, advancement, and commercialization of evidence-based cannabinoid-based products. The company operates in the global medical and pharmaceutical market segments, leveraging its established scientific platform, including research and development (R&D) and clinical development. This platform has enabled Avicanna to launch over thirty proprietary products, along with a robust pharmaceutical pipeline aimed at addressing a range of medical conditions. Avicanna's business strategy encompasses active and commercial business pillars that include medical cannabis and wellness products, as well as a medical cannabis care portal. The company is headquartered in Toronto, Canada, and its shares are listed on the Toronto Stock Exchange.
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