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Benzinga
Benzinga
Business
Vuk Zdinjak

SOL Global Q3 Revenue Plummets YoY, Continues Reducing Exposure To The Cannabis Sector

SOL Global Investments Corp. (CSE:SOL) (OTCPK:SOLCF) (Frankfurt:9SB) released its unaudited financials for the third quarter ended August 31, 2022, revealing total revenue was a loss of CA$11.2 million ($8.2 million), an unfavorable decrease of 174% compared to a gain of CA$15 million in Q3 2021. Net loss was CA$12.5 million, compared to net loss of CA$62.4 million in Q3 2021. This represents a favorable change of CA$49.9 million.

Nine-Month Period Ended Results

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