Thank the joining and Jon like you, would call our to few in I This to minutes XXXX to I review review and Michael, achievements. everyone, to quarter take call a thank overview over an detail. you, for recent our provide our operational then our turn morning, financials second performance will of today. more
line year-over-year period outlook of a profitability. first million the Year-over-year I and in pleased second to revenue acquisitions of XX% first the reported growth The an by driven improve top the for solid more XXXX. to then of the XXXX of retail of Before a challenging openings driven XX% GAAP stores XXXX, in company quarter. sequential report million store quarter for retail $XX activity Virginia. BEYOND/HELLO remainder new was loss quarter basis, In and and second EBITDA and our quarter Massachusetts adjusted to our grew revenue to and $X.X a second as growth the Massachusetts, in in compared Nevada million a Illinois revenue provide update the macroeconomic increased sequential On $X.X Pennsylvania basis, Virginia. in approximately environment, On wholesale in increased Nevada acquisitions XXXX, half quarter and primarily and compared a in in by question-and-answer million $XX and will revenue in initiatives the second on growth I'm for solid follow. to
one is sell-through in the is to the significant Let's Jushi-branded X. important coming for of the and our initiatives, important rate company more to note increasing Slide that of quarters. It profitability products move a our driver
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further data with as units products our plus Pennsylvania, traction levels vape accelerating our weekly high own and reaching as sales a XX% point, recently As in flower of we've branded seen of sold.
Throughout Slide to we expenses at of market cost second pleased we year, implemented percentage report as total ensure staff model the that to efforts these allocating savings X. these the a the we in amount to demand. and of resources operating overall our reduced revenue. beginning of activity measures optimize execute At to Let's move initiatives. the we led retail, another I'm quarter, have aggressively continue a on continue and to to our quarter and the footprint on of with now alignment appropriate I'd like brief provide labor across are update to
of improving best our where medical patient patients program. and are we the of in-store ensure structure recently the experience pharmacists providing Virginia, influx in the for entering we registration First, new staffing requirement the to lifted, was zoning are
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the is believe recession-proof. we no recession-resistant, cannabis is completely While business business
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introduce automation diversity half in Virginia This and efficiencies in year, new we quality harvest of particularly of as and Next, meaningful of cost us yield this facilities should expect at come improves. grower-processor our increase product second margins the our online see in Pennsylvania, a grow diversity, to new implement and as genetic rooms the as our product allow quality over branded technologies. our processes, realize to and time, we for higher improvement
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of final quarter support reporting operational our our and U.S. slides. like few achievements the our to in departments IT We to are issuer. accounting hiring over being the second also stages now for will transition a highlight I next to
NuLeaf, Nevada, we with state operations. acquisition update operations Slide which the our begin our licensed opened. our X, dispensaries third was integrated in vertically cultivation Let's with XX,XXX on be an addition in dispensary increased our XX,XXX foot in with foot square two the significantly of This one expanded processing a and Nevada, level a completed facility, the In retail state. acquisition to facility, square and operating of substantially our market presence
the Following four Strip, the leaf we store to in bringing new total our the count opened Las the location on close of Vegas state. the third retail acquisition,
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vape at solventless to Our extraction facility are concentrate to a the allow breadth which, the capabilities new us hydrocarbon great of market, market to product provide fully the and and August, Pennsylvania as of and getting are introduced patient formats reviews. processing and full
strains hit in have of our just varieties to offering flowers further the diversify half with year expect second of We the new the which market.
from time one is flower XX,XXX Virginia, Moving feet the grower-processor by from to five a Manassas these square revenue quarter, delayed second XX,XXX new only to this have in In square expanded rooms room early and XX. the are We Slide approximately end last facility our feet. to of expecting we we reported. went the to at June, the quarter which generate from bit end planted of
XX,XXX two in requirement, experienced a end removal in Virginia, of for a year. canopy an waiting eliminated of locations the to medical production for seven, to both XX,XXX by patient retail a and square X, Sterling the At patients Manassas grow annual respectively, barrier registration to and since the is the additional enter add pounds, revenue biomass the into feet process and target increased rooms of following Our level cannabis increase total this July program. significant significant which our
of the patients. the looks X,XXX point saw the opening. quarter product approximately positioned second successful we as which Fairfax, open ever in terms over we of change, couple even the in only sales has of first shortages. the before X,XXX our quarter, month new is saw second opening a In to to days, the equally our in following expect state well experienced store new the a Subsequent opening. for weeks just following most in reference, new though strong patients approximately believe our the change which fourth immediate course store the in we opened a in As some we of promising store requirement. August also whole was we third the And Alexandria,
grown have volume brings Virginia of stores. on among when wholesale we reminder, adult and Alexandria designed offering stores And Jushi-branded a remedy expect in in we Massachusetts, in XXXX. and the we first of sell the highest be products are stores Nature's use both through our quarter As to country which the business our expanded Fairfax our
program. Construction path previously this from this established accelerate not of level a quarter profitability to integrated are new Ohio that in summer. profitable. been in XX integrated second we awarded expected of to turnaround Establishing Massachusetts, our open location Continuing has approval. We the quarter, now year. medical license XX up with Control reported this the historically May to to And business in Ohio vertically is retail Slide expected Ohio and operation licensed regulatory fourth by we XX. dispensaries year, presence vertically began retail Medical becoming In the in in provisional fifth subject our state as a and Marijuana the is in
pending have triple expansion area square which of we feet support look a opportunities state. to With to is in to X,XXX the which able feet as a approval. triple parcel base of store to additional X,XXX stacking, five, facility, provides regulatory Additionally, cultivation we land limit from we be time, should square our our over adjacent secured adequately
our and grow explore base. store sign continue to We LOIs to
annual and dispensary XX. to the our the BEYOND/HELLO marks thriving Beach, Moving State West approximately in population California. network We tourist our of Coast the in second beach located is town million. Golden an expanded in This sees X.X of retail third Grover with that the opening opening quarter Slide store
our location Additionally, reimagined California BEYOND/HELLO Springs, the in-store and reopened the Pump design we experience. quarter, after with
brand, second to Lab. two and XX the move Pennsylvania under of In our a quarters discussion debuted Let's for of lines XXXX, we in branded Slide our innovative third product new The products expansion.
kind extract The first and rosin, line a rods proprietary of The cartridges products, flower process live and concentrates, solventless its comprised integrity date jarred the extracted processes of live including is using to using premium and over preserve Pennsylvania. plant. of the first in formulated
expected which uses Massachusetts, and across Virginia, available solventless, are our cartridges rosin hydrocarbon is live using hydrocarbon extraction be The and XXXX, vape fresh fully footprint frozen rosin made Lab, rosin of Throughout approvals. high-quality pending lines live second The concentrates line up process, Nevada, Ohio to produced and regulatory live cannabis. in
strains diversifying XX dispensaries, of in ahead offering penetration our expect Pennsylvania, product under our own increase our large to pricing to us brand, to have of half too new Bank. we throughout strain increasing network of many products historic An constraints year. of and our first due branded Looking down caused including historic regulatory the our of profitability mark by in the lack The addition often dispensary to the branded diversity
products of satisfy very lost recall, and quarter recall discounting products of our Jushi-branded negatively onetime during to we on and moved thereby to vape number of expedited approach be lack subsequently recall, third-party demand. the favelas the our replace and hydrocarbon they the reversal as the train and vape much products and diversity addition, Also, back needed limited to margin due In patient limited shelves products to to their needed occurred expiration where vertical at date the more temporarily impacted following sales as unjustifiably carry rates. and the
be cannabis-infused X-star chocolates will premium of are by Massachusetts, debuting and With September. of are chocolate line vertical In French infused which in strains technology XXXX, count we a as of brand potential. new the made now many product under chef. as new regulatory has help well drive started expand producing developed change a wholesale XXX% ultimately December and pastry to our sell-through diversity we and in chocolates SKU These
expect reformulated partnership, to gluten-free launch Additionally, early highest strategic XXX% innovative increase newly margin quarter, [indiscernible] California products vegan, These we BEYOND/HELLO to our new at stores products. to sold chews fruit. price, cannabis that margins highest we the expected at real lowest several Jushi-branded products fourth we to be California. launch In California, dispensaries to expect contained are be and these our in are our a in and and expect capital-light exclusively through gross as volume
as We Jushi-branded house products as our same also goals brands have financial also products. introduced above-mentioned third-party which flower achieve the branded the should
ago, issuer Before the weeks to the a couple line, that of I I we pleased just reporting transitioned in announce over United hand status officially am States. to
With other accordance XXXX potential financial and arise. reporting of issuer, among to a exchange, our related With well As with opportunities come we earlier, the GAAP benefits converted reporting continue capital status ability SEC building take reporting this now our they a U.S. the our simultaneously we new platform, to to a I'll opportunities preparing mentioned legislation transition, robust to take with cannabis focus Jon Jon? these while have to when discuss that review on In potential advantage to results ask banking. as are before funding our uplift that, in positioned financial from of with could we meantime, to U.S. changes requirements. IFRS including advantage we U.S. surrounding cannabis, to outlook.
