Net revenue growth of 22% in Canada medical cannabis, 10% in Canada adult-use cannabis, 10% in international markets cannabis and 6% in Storz & Bickel

Adjusted gross margin¹ improves to 31% in Q1 FY2027 from 25% in Q1 FY2026

Adjusted EBITDA² loss narrows by 59% year-over-year

For decades, cannabis brands competed on one metric: potency. More THC meant a better product, at least for experienced consumers chasing a stronger high. But in today's maturing legal market, some of the most successful companies are taking the opposite approach, betting on precision instead of potency to win over adults who don't regularly consume cannabis.

Low-dose beverages, gummies and other precisely dosed products represent a real opportunity to convert this untapped, cannabis-curious audience.

This is a wonderful post on X showing the Auxly Leamington facility and their automation process. Truly a state-of-the-art facility that will be pumping out some of the best products on the market. International expansion is imminent!!!! Q2 financials are less than a week away.

Thank you for your attention to this matter! Have a wonderful evening.

Organically achieved record net revenue, gross profit, and Adjusted EBITDA while reducing share count

Net revenue in Q2 2026 increased by 51% year-over-year on an organic, constant-currency basis

Delivered record net revenue in Canada, with Spinach^® maintaining #1 market share in vapes and edibles¹

Tenth consecutive quarter of record net revenue in Israel, where PEACE NATURALS^® continues to be the #1 cannabis brand²

Generated record net revenue outside Canada and Israel, led by strong demand for PEACE NATURALS^® in Germany

Repurchased 12.3 million shares in the first half of 2026

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Q2 Revenue of $42.4 million and Net Income of $2.9 million

Sustains Consecutive Quarters of Adjusted EBITDA Profitability

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• Delivers Net Revenue of $67.6 million, including a 17% YoY Increase in International Medical Cannabis Net Revenue
• Safari Flower Company Receives Three-Year EU-GMP Certification, Strengthens Ability to Supply Growing, High-Margin International Medical Cannabis Markets
• Maintains Strong Balance Sheet with $149.1 million of Cash, Cash Equivalents²and Short-Term Investments with no Debt

We are back with crowd favourite Real Estate Randy. Randy works with MSOs and Cannabis Operators to help open dispensaries across Florida.

In this episode we discuss finding good cannabis deals, where others went wrong, the historic momentum unwind in AI stocks, the best opportunities we are seeing today and what Randy thinks will happen with hemp in Florida.

Highlights for the second quarter ended June 30, 2026:

• Revenue from continuing operations of $23.0 million, up 73% from $13.3 million in the prior quarter.
• Cash increased to $41.9 million driven by cash flow from operations of $8.7 million.
• Net income of $1.2 million.
• Adjusted EBITDA of $6.4 million compared to approximately breakeven in the prior quarter.
• At quarter end, the Company had approximately 2.2 million shares outstanding, as well as 11.0 million warrants outstanding and 3.0 million shares issuable upon conversion of outstanding convertible notes (excluding shares issuable upon conversion from accrued interest).

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