LOVE: Couple Solid Updates

110 Views06 May 2026 23:00

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SUMMARY

Cannara completed the acquisition of Medican Organic for $2.8M, building on its 2021 acquisition of the Valleyfield assets from the same company.
LOVE also announced that Nicholas Sosiak has been appointed COO from his role of CFO (which he held since 2020) and will begin an executive search for a new CFO.
Statistics Canada FY24/25 data shows Quebec’s per capita cannabis spend at $105, the lowest of any province, supporting our view that LOVE’s home market has significant growth ahead.

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