Innocan Pharma publishes MD&A for three months ended March 31, 2026

  • Innocan Pharma Ltd. filed its MD&A for the three months ended March 31, 2026; revenue fell 17.7% to US$6.47 million.
  • Net loss widened to US$886,000 from US$229,000; operating loss was US$786,000.
  • Cash was US$6.63 million; working capital was US$9.19 million; operating cash flow was negative at US$506,000.
  • Issued a secured debenture to Tamar Innovest for US$450,000 at 10%; a second US$200,000 debenture was issued post-quarter.
  • Plans call for LPT-CBD scale-up over about one year, then GLP single-injection safety work over 6-8 months before an IND submission.


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