LGP little green pharma ltd

Little Green Pharma (ASX:LGP) tables 427pc revenue increase

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    • Medicinal cannabis manufacturer Little Green Pharma (LGP) has tabled a 427 per cent increase in revenue in its half-year report
    • The healthcare stock ended December with $3.77 million in revenue, up from just $716,000 in revenue at the end of 1H FY20
    • An additional 150 GPs signed up with Little Green over the period, while 4900 new patients subscribed to its products
    • LGP's sales also grew substantially year on year, with over 21,000 units sold, representing an increase of 340 per cent Little Green ended the half-year with a maiden profit, a strong turnaround from the previous year's $5.5 million loss
    • It also had $4.45 million in the bank and has since raised an additional $22.1 million in capital via a placement
    Read the full article on The Market Herald here.
 
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