CordovaCann management cites non-cash lease-extinguishment gain as key driver of nine-month March 31, 2025 results

• CordovaCann management commentary covered the nine months ended March 31, 2025, with a net loss of CAD 227,887.
• Operating cash flow stayed positive at CAD 1,063,003, supported by higher accounts payable and accrued liabilities.
• Cash and cash equivalents fell to CAD 481,483 from CAD 552,467, driven by CAD 804,720 financing outflows.
• Financing uses reflected CAD 499,653 lease payments, CAD 259,053 dividends to non-controlling interests, CAD 27,325 mortgage repayments.
• Equity deficiency widened to CAD 3,060,315; accumulated deficit reached CAD 42.2 million, with management citing continued reliance on funding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CordovaCann Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-26-008494), on September 21, 2026, and is solely responsible for the information contained therein.