The U.S.-listed shares of Origin House Corp. fell 2.7% in premarket trade Wednesday, after the Canada-based cannabis company reported a near 9-fold increase in revenue, but a more than doubling in net losses. The net loss widened to C$7.50 million (U.S. dollar equivalent of $5.63 million), or 13 cents a share, from C$3.30 million, or 8 cents a share, in the same period a year ago. Revenue rose to C$6.62 million ($4.97 million) from C$744,302, while cost of sales increased to C$6.12 million, or 92.3% of revenue, from $616,292, or 82.8% of revenue. The company's cash balance as of Sept. 30 rose to $75.3 million from $4.5 million as of Dec. 31, while long-term debt increased to $28.2 million from $2.3 million over the same time. "Origin House is positioned as a premier operator in the largest and most dynamic cannabis market in the world and we believe we are just at the beginning of our growth curve," said Chief Executive Marc Lustig. The stock has run up 39% over the past three months, while the ETFMG Alternative Harvest ETF has dropped 12% and the S&P 500 has lost 7.4%.