Adnant Achieves Fiscal Turnaround Of Unrivaled Brands, Launches Search For New Ventures
Portfolio Pulse from Vuk Zdinjak
Adnant, a cannabis consulting and accounting firm, has successfully restructured Unrivaled Brands, Inc. (OTCQB:UNRV), resulting in its second consecutive quarter of net income and a reduction in total liabilities from $125.3 million to $73.2 million. Adnant is now seeking new ventures to guide and transform.
June 22, 2023 | 2:55 pm
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Unrivaled Brands' successful restructuring by Adnant has led to a second consecutive quarter of net income and a reduction in total liabilities from $125.3 million to $73.2 million.
Adnant's successful restructuring efforts have led to a significant improvement in Unrivaled Brands' financial position, with a reduction in total liabilities and consecutive quarters of net income. This is likely to have a positive short-term impact on the company's stock price as investors may view the turnaround as a sign of improved financial health and future growth potential.
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