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BC Bud Corporation Revises Financial Statements Amid Audit Concerns

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An update from BC Bud Corporation ( (TSE:BCBC) ) is now available.

BC Bud Corporation has refiled its interim financial statements for the periods ending November 30, 2024, and 2023, due to concerns over the reliability of previous audits by BF Borgers, CPA PC. The restated financials show a reduction in revenue and an increase in costs, leading to a greater net loss for the company, highlighting the impact of inventory write-downs and adjustments in accounts receivable and prepaid expenses.

More about BC Bud Corporation

BC Bud Corporation operates in the cannabis industry, focusing on the production and distribution of cannabis products. The company is publicly traded on multiple exchanges, including CSE, OTCQB, and FSE, and aims to serve the Canadian market.

YTD Price Performance: -33.33%

Average Trading Volume: 704,841

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$7.93M

Learn more about BCBC stock on TipRanks’ Stock Analysis page.

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