Cosmos Health's Subsidiary Cana Laboratories Completes Phase I Of Manufacturing Upgrades; Positioned To Generate Over $10M In Recurring Annual Gross Profit By End Of 2025
Portfolio Pulse from Benzinga Newsdesk
Cosmos Health's subsidiary, Cana Laboratories, has completed Phase I of its manufacturing upgrades. The company is now positioned to generate over $10 million in recurring annual gross profit by the end of 2025.
July 24, 2024 | 2:58 pm
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Cosmos Health's subsidiary, Cana Laboratories, has completed Phase I of its manufacturing upgrades. This positions the company to generate over $10 million in recurring annual gross profit by the end of 2025.
The completion of Phase I of manufacturing upgrades by Cana Laboratories, a subsidiary of Cosmos Health, is a significant milestone. This development is expected to enhance the company's profitability, with projections of over $10 million in recurring annual gross profit by the end of 2025. This positive financial outlook is likely to boost investor confidence and positively impact COSM's stock price in the short term.
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