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Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

MONTREAL, July 22, 2026 (GLOBE NEWSWIRE) -- Cannara Biotech Inc. (“Cannara”, the “Company”, “us” or “we”) (TSX: LOVE) (OTCQX: LOVFF) (FRA: 8CB0),a vertically integrated producer of premium-grade cannabis products at affordable prices with two mega facilities in Québec spanning over 1,600,000 sq. ft., today announced that the Toronto Stock Exchange ("TSX") has accepted its notice of intention to proceed with a normal course issuer bid ("NCIB").

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Announces Normal Course Issuer Bid

Wed, 22 Jul 2026 08:00:00 -0400

Pursuant to the NCIB, Cannara may purchase up to 1,975,642 of its common

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation

Cannara Reports Record Q3 Revenues and Continued Profitability Accompanied By Expanding National Distribution and Accelerated Capacity Expansion

Wed, 15 Jul 2026 08:00:00 -0400

Delivered strong Q3 financial results: Generated $31.8 million in total net revenues, $13.4 million in gross profit before fair value adjustments, or 42% of revenues, $8.5 million in adjusted EBITDA1, and $5.7 million in operating cash flow.
Expanded national distribution and retail penetration: Cannara products exceeded 49,000 points of distribution as of June 2026 and represented an estimated 3.3% of total cannabis product retail listings nationally, up from 3.1% during Q3 2026, 3.0% in Q2 2026 and 2.9% in Q1 20262, while estimated national retail market share remained at 4.4% in Q3 20263, demonstrating continued outperformance relative to product listing penetration.
Accelerated cultivation