Village Gillin Cannabis, of Executive and Chief With President Financial Corporate Farms thank Farms joining Ruffini; call. for Village for us Vice Affairs, Farms' you today Thanks, morning, Steve Canadian Village me Ann Mandesh of Head and Lefever. Michelle. Good Dosanjh; today's Officer, is
we will through go then highlights the operating the be I financial review usual, we available As and quarter, questions. the results same and for will for previously. and that Steve have format we'll
Canadian in strong continued gains, smaller business, sales, in than quarter our a performance our spending. which despite Cannabis cannabis the results loss consumer faster are business growth, Fresh that, and restrained underlying share growth with third our the headlines market for remain industry solid Produce retail challenges in So very branded in U.S. macro although resulted
So Canadian expanding Cannabis business. on the
I strategy. last second the unique team's to year, of benefit call our consumer discussed segmentation, our As of and retail discern in last the several behind half market in refined trends of our us with we and experience years ability
with to also both We XXXX. made strategically decision growth sales in invest to drive the goal market share the and
the sales success in was the quarter that the evidence sales branded share sales, branded in XX% dried all retail provincial both distributors, third clear just terms strategy, sequentially. time market of across gains. of the particular is in flower. The of growth top-selling October, became Canada And first Farms year-over-year not Of Village to cannabis and XX% and producer categories, product note, grew for
continue to month The In market as market a the we of have Canadian sources. to best team, evolved evolve. fact, take fourth management to our And expansion. sources data want market I marked on comment our October here share share consecutive moment in sources. a the of
business, share. We is the are This use the Crawler. data all provinces HiFyre for believe which run use to data to we except right now using Quebec, for our we therefore, Weed and we
#X quarter, individual to of mid-October, and Fraser to brand the sales will the hang-dried. X.X% X.X% province strains Valley an I our X.X% is continued steadily flower been Gelato LP. to expand Pure we all and are of target growth achievement, In that to Rose LP October, X market in a best-selling in in for LifeScience proud of continue market strong became like the with its consumers. are achieved The back #X which this growth Ontario, Alberta, now that, and to majority to launched and note the in this further a month strategy, the Valley rollout complemented the Valley the and now. performance, were result we regular further Fraser very number Quebec October. had defined and we products, our dried This Original brand as Fraser Pure to increased despite unique in market since quarter, in in growth. producer In of to Fraser of innovation British We launched increase brand expanded segment Jet launch Pink their the data, confident where Fuel commitment positive our we That value-oriented And Kush to Rose specifically is of product of launches new already brand. continued and licensed we results. have continues share first a year value-oriented already full worth our X innovation. British share top-selling we success growth the feel second number Weed Sunfarms the for by us returned strains top-selling And Quebec, our has XXX% similar innovative a of launch ability and quarter's province research perfected X in consecutive later up In share our by brand, QX seeing Columbia to for Alberta, a maintain new precisely share the QX. and we where acquisition. ready our the has flower contributors market quarters ramped Sunfarms Fraser its Columbia, in our continuous gains. brand we sell-outs to be market are category in into In SKUs and from prominent. dried the company we're there Importantly, than multiple sales contributed is of we Valley the and with with value less the provinces: share Valley our
delivered that continuing first while at still to quite while of the Although a support This Fraser the great team start Sunfarms. the growing Promenade and market hallmark to other strong launch, of execution. continuing Valley same of time, brand, is share our rollout early and days, brands to we're the Pure a impressed
also business. margin continued on quarter second cost major sales this both execute have gains I'll and behind is this innovation as Canadian discuss bulk proportion remains market our our launches that dollars as investment year, down in our brand as absolute which the spend to is major the year, multiple Gross to now target a stated later share driving range of as net and within compared the well us. We of of the side was meaningful SG&A of in
QX of XXXX, the positive XXX% All That's with is for our each quarters. by EBITDA, which X adjusted our sales Canadian adjusted XXth contributed to in last this business. quarter cannabis only, with consecutive since Cannabis every generated, quarter increasing of EBITDA
profitability future lowering market we day. and more enhanced another increasing We all gaining growth. share. is costs, while of new adding cannabis while experience from operations of invest summarize, scaling for gaining have further our will cultivation is are benefiting This every To growing hallmark market profitability great sales, execution. up enhance successfully to Canadian customers, and share the yet This efficiencies our even business our increased
the despite to Cannabis consumer was continues remain quarter, CBD by Balanced our restrained I clarity well spending. traditional retail that discussed slowdown of Health the channels. to being purchasing Last broad selling category's more business, turning U.S. consumer perform lack Botanicals of to Now ability in profitable the exasperated and importantly, access
and initiatives new aimed We seeing and implementing customer a traction number pursuing have been results. of opportunities as are we positive sales proactive and retention here some
program our is subscribers. second positioned Synergy+, than stay to its and line, using sleep to grew Balanced also we XX,XXX over During Deep the ingredients. product X% by help recently customers which quarter, plant-based asleep subscription Synergy+ more its Health launched Sleep in fall active
other Our confident continued excited makes opportunities. Canada and in our more even international about me success in
on our win. the We continue make quarter pursued we which third in strategy as we we cannabis that confident steady to can emerging during legal are markets international progress
cannabis with the meaningful customer large-scale the pleased cannabis have what chain our Holland, and for distribution are in for of first the call, our to in in licenses permit in the Canadian look pace discussed to in subsidiary, which is year, to investing our starting this cultivation forward shipments to participating last supply to first distribute Dutch recreational have and the during purposes. market new to Europe. recreational of accelerated We expected Netherlands to Australian major very partner, we just markets, medical In program, Sales addition cannabis be the expected Altum legal market international be Leli As cultivate European export XX our sales quarter. major directly through from is a we other International, and to cannabis business. and one market
for more continue to of to to in protocols, first. a our country race product, Canadian prepare to sales has navigate than our Admittedly, market tripled that And first expected consumer horse are to otherwise, market X Cannabis quarters. we taken ready delays our QX to preparation fact, bit as In via go testing for the Australia our have each over is we continues approve evolving It's to protocols Israel and support a longer ship both than it and these be exports business. we past intelligence the as preferred. and but Canada, will which as Germany to will
business. to turning our now So Produce Fresh
cost input less number which our ability impacted by inflation, pass that or be more to pricing demand-supply is to most to notably with has pressures, a of continue We balance, now limited our a significant customers.
it in of results solely QX, that operations. to and affecting abate a virus, the see we some Specifically continue year the did the this although Brown discuss impacted first QX financial our globally, inflationary in is which confined compared in second will by of moment. the improved to be is to Canadian and quarter the Rugose apparent growers yields We and Steve in is this pressures
which -- to exercise expect to worst do I and the The we we we the intensive means not into date. to the encouraged improve Last do is Although XXXX. Produce is next business. of comps an I'm by these us, progressing think process discussed the well, expect think start operational Fresh quarter, in year, behind year-over-year of pressures we review persist
With the potential fronts outcomes and for the regulatory appropriate during are and us operation. expect work is results, of last as currently We the well regulation those any already consulting I'll to as of federal session, review look reports over call on the that cannabis to independent to our our future involved duck Steve other of X night's processes forward and review at so-called lame on Steve? we deep to the now turn times. clarity of reporting the the of have a aspects Texas election profitability in consultant both separate the assess customer and starting in greater Ruffini. help I
