to first period. I of provide you, Thank call an today. results you question-and-answer morning, our our financial everyone then quarter our and before turn detail I to operational more and joining achievements. XXXX call This review will will thank Michelle over Lisa, the in opening performance overview for the
like briefly and year-over-year. as notable our highlighting quarter XX% results made by business we the in line for improving transition and progress Revenue approximately million. today's $XX wholesale expenses to our first doubled we growth have approximately bottom the to I'd our revenue reducing from further start call nearly top year-over-year to grew profitability. Notably, line high
increase the grower are be important as term expected we across wholesale near growth Our to output processor an our in operations to footprint. contributor revenue
the opening initiatives lower in to on these saw in first of we that to partially in Sequentially, revenue impacted implemented and the offset two such of Missouri, currently Ohio holidays which continued of Missouri. with use the due products several our in pricing our of have and sales impact adult the Since Sauget, in the beginning stores border the change Illinois. X following the sales of to adult our in remainder half we commenced use February approximately Missouri, due and seasonality Loss the revenue operations and of by not wholesale are quality promotions our leveraging dispensaries and as optimized retail remedy offered availability was Virginia. and impact growth store the in
million year-over-year the for Gross $XX profit XX% to XX% quarter increased by approximately sequentially XXXX. first and of
percentage revenue in to XX% points first XX XX% approximately of quarter of grew margin XXXX. to the gross Our compared
as terpenes, efficiencies. new like processors, including potency XXXX We at harvesting increased our at to grow expect many facilities, with and cost our quality throughout continue retail Virginia, this Pennsylvania well as and in rooms per metrics grower cost and plant improving improvements improvements grams growth
XXXX, while million we from total, $XX XXXX $XX in year-over-year. quarter million revenues year-over-year in to XX% In approximately growing QX of companywide expenses by operating the reduced our first
As a quarter year-over-year. increase work, all approximately was XXXX million, of an in $X.X first result of hard adjusted EBITDA of of $X.X million the this
from overall April Our year. X,XXX employees of reduced in XXXX was X,XXX XX to headcount total this peak approximately at as of our
in in made wide our Massachusetts ramp are we strides processor. up optimization we turnaround in our Although company processors Pennsylvania we still grower and grower increasing retail meeting our continue as Virginia, plan, and have of significant growing processors our the efficiencies
genetics, and facilities, all Three, of grow is of markets. a levels usage, I are care Number combination efficient significantly our California, labor of significantly plant to costs. reduce a will consistently in for bringing XXXX, grower us more efforts. Beyond seven profitability. total a optimized Colwyn, labor operating in is our to of model recently drive XX help hours path and to of give our the ramp our Four, optimization techniques, increasing a transitioned provide stores and our which labor to four Number expected facilities, process up we to profitability we plan us to through new network year. and our hour we model April grower dispensaries ongoing This Hello that one, plant closed as improved should expected retail potency nearly optimize profitability. two, in plant examples yields cut labor to improve applied new and Pennsylvania; Springs, we unperforming footprint in current completed across Pennsylvania; our in continue dispensary revenues Palm the this and Hazelton, significantly of of processor staffing processor half to improved three technologies
achievements walk now quarter the XXXX. I will our through for first operational of
and medical to increase and online. of Cincinnati, opening store of ways First, we first has initial this in-store been footprint continue to to we're vertically traffic, patient expanded integrated performance with excellent exploring our near both Ohio. The states five dispensary the our
dispensary later in Next, in opened Virginia Virginia, we year. to located medical in open plan Woodbridge dispensary in fifth our medical Arlington. this our sixth We
the state. an our in increasing services are online advantage taking of platform convenience and We patients pickup the both of delivery seeing for number of
draw in Virginia, room improve facility processor flower foot evaluate sixth facility's overall opened, to XX,XXX the expanding ways a innovative more and square continue At has We grower our production. our offerings to patients.
amended the governor front, among On of cannabis regulatory the transfer patient are X, January These oversight by to as favorable of improve medical XXXX, state's initiatives enhance Cannabis the month medical bills program. several regulatory last Virginia, we encouraged Authority the Control Youngkin of cannabis full other to the access. included Glenn passage to by
ongoing While use cannabis are advance this of and address is we the distribution products would unregulated, failure state. untaxed state's illegal help a legislation non-age right direction, by to step in verified disappointed the the adult untested throughout the that
meaningful discourse the in that legislators changes. turnover We before will around the policy in more are November elections hopeful stimulate upcoming progressive
Massachusetts, added the expansion. open recent they Moving total we In until but rooms Pennsylvania XXXX. to our move an flower will online program of new year, have at our in recently facility. brought aggressive square XXX,XXX two and will facility recently up of in Pennsylvania, Also, the two Lakeville optimization rooms we at Scranton, not dispensaries implemented ramp rooms seven during closed continue Pennsylvania we to XX in we foot for a our
align and safety have the have a to As part strengthen already we and across These significant and leadership of set led reduced new of initiatives this standards program, cost and to implemented improvements. KPIs performance operational facility. enhanced
have potency We trim seen and ratios levels. have increased yields, increased flower
multimillion which improve efficient should quality our operations summer, program allow complete mechanicals, dollar will and a building will capital for yields. and investment landlord the more This that improve
gross and minimal Virginia, expand product, grower their marginal allow towards processors to additional our is should us increase unit this three our cultivation in cost saleable As ramped to the targets, big segment. Pennsylvania which margin large Massachusetts per targeted produced relative in in
first potent expanded the XX% with approximately in in vertical high looking XXXX focused Jushi increased Seche our featuring sales markets and infused the QX, value Pennsylvania we extremely XXXX. ground point. great of Since products Virginia With Kind Kind expect generate Now retail share our in yet value and flour the branded launch, the at launch this us new value product these from is consumer a XX% to Massachusetts. brand first demand of our at a for sell to within products capture In price brands, Massachusetts, potency the popular margins quarter products. affordable are of perception to pre prompting market quality our offering, as expanding redefine we of rolls. we compelling consider through higher line total have in products Grind where we products into seeing five the Grind of and quarter, up pre been with
we product On sustainable our front, also economic the format. more to a and updated packaging
manufactured post-consumer the Our is carbon pouches in the expected made reduce are bank. implemented new is new largest and Seche brands, packaging and U.S. the to our three in our lab, This currently material footprint. recycled being greatly and product from
maintain offers rate and the debt a financing interest financing closed with strategic at Jushi's are with $XX.X to with million XXXX talk a for lower like second structure based repayment on pleased quarterly XXXX. Before rate non-dilutive a XXXX and in of first to wrapping We balance that through up, scheduled lien about favorable $XX first structure. plus financial allows I July overnight starting strengthen quarter, X.XX% $X.X dovetails doing approximately our bear will which of execute our sheet we that million risk what us lien X.XX% of our less and million to and end After the debt FVC final matures secured day discipline at we repayment than a of maturity. not unique with growth a were opportunities. to floor well of initiatives would this Bank, strong refinancing XX financing interest average secure
we employee as peers, debt program the refinance. collateral further this our Like the licenses, cash enhance real first to facility are retention part that taking we of the of that has part this lien our easiest view credit structure is in to which includes Given position. material non all expected the estate
fully claims Sammartino were subject owner SEC of our former is described of Remedy. to debt Nature's a portion indemnity the we as investments, our Next, considerable filings, in against
this exceed claims counterparty. the of to the owe debt indemnity value Our we
continue will provide matter suitable. We when an on to this update
as demonstrating leadership engaged With for Finally, am to and we processes. throughout team accounting confident first progress we the following our in financial as quarter, with and remain the LLP look quarter independent we this appointments made direction newly the have made public XXXX. forward our and pleased the we continued substantial XXXX to have anticipate firm in is I business bolstered new continue is we optimize strive our progress in registered previously reported, headed. reporting our MGO the strong execution to Jushi management primed
to open review that, With Michelle questions. to results now before we ask our I'll financial call the
