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Dec 29, 2025 4:00 PM

Mercanto Holdings Inc. Reports Q1 Fiscal 2026 Financial Results

MONTRÉAL, Dec. 29, 2025 /CNW/ - Mercanto Holdings Inc. (TSXV:MUSH) (the "Company" or "Mercanto"), a Québec-based cannabis product company focused on the Canadian regulated market, today reported its financial results for the three months ended October 31, 2025 ("Q1 Fiscal 2026").

Q1 Fiscal 2026 Highlights

Revenue of $900,013, representing a 9% increase year-over-year

Net revenue of $784,529, after excise taxes

Continued disciplined cost management, with material reductions in selling and marketing expenses

Cash balance of $310,237 at quarter-end.

Successful execution of new product launches early in Q2 Fiscal 2026, positioning the Company in higher-growth vape categories

No long-term debt, maintaining a conservative and flexible balance sheet

Tight capital structure, with 51,674,683 common shares outstanding

Financial Performance Overview

For Q1 Fiscal 2026, Mercanto generated revenue of $900,013, compared to $824,225 in the same period last year. The increase reflects modest ...