Canadian (TSX) Personal Products Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Wed, 01 Dec 2021	CA$4.6b	CA$1.0b	-CA$297,573,102.00	26.1x
Fri, 29 Oct 2021	CA$3.0b	CA$1.1b	-CA$182,584,765.00	4.7x
Sun, 26 Sep 2021	CA$3.3b	CA$3.4b	-CA$309,584,105.00	4.5x
Tue, 24 Aug 2021	CA$2.7b	CA$1.1b	-CA$178,831,448.25	5.2x
Wed, 30 Jun 2021	CA$2.8b	CA$999.2m	-CA$191,852,602.55	13.1x
Sat, 03 Apr 2021	CA$3.3b	CA$1.0b	-CA$149,659,343.25	17.9x
Tue, 05 Jan 2021	CA$2.6b	CA$1.0b	-CA$92,577,081.52	21.7x
Fri, 09 Oct 2020	CA$2.8b	CA$988.0m	-CA$43,537,848.61	17.5x
Thu, 02 Jul 2020	CA$2.2b	CA$868.2m	-CA$61,560,547.91	14.3x
Sun, 05 Apr 2020	CA$1.5b	CA$796.8m	-CA$110,302,760.70	20.9x
Wed, 08 Jan 2020	CA$1.7b	CA$744.7m	-CA$70,187,802.10	30x
Tue, 01 Oct 2019	CA$1.9b	CA$740.3m	-CA$118,928,394.50	24.5x
Fri, 05 Jul 2019	CA$1.9b	CA$699.4m	-CA$117,485,418.25	25x
Mon, 08 Apr 2019	CA$1.7b	CA$675.5m	-CA$226,779,927.84	26.3x
Thu, 10 Jan 2019	CA$1.7b	CA$661.8m	-CA$244,111,315.47	30.5x


Personal Products	-10.85%

Company	7D	1Y	Valuation
TAAT TAAT Global Alternatives	26.6%+CA$79.9m	17.6%	PS166.7x
JWEL Jamieson Wellness	0.8%+CA$12.5m	10.7%	PE34.1x
BILZ Ignite International Brands	3.1%+CA$12.4m	125.0%	PE391.3x
ICAN Icanic Brands	5.3%+CA$3.6m	-43.4%	PS6.4x
AHC Apollo Healthcare	0.9%+CA$2.9m	-12.0%	PE7.6x

Nov 24

Relevium Technologies Inc. (TSXV:RLV) entered into a nonbinding term sheet to acquire Med PPE Canada Inc. for CAD 10.4 million.

Relevium Technologies Inc. (TSXV:RLV) entered into a nonbinding term sheet to acquire Med PPE Canada Inc. for CAD 10.4 million on November 23, 2021. Under the terms of the proposed transaction Relevium Technologies Inc. would acquire Med PPE for an initial consideration of CAD 2,400,000 payable through the issuance of 120,000,000 common shares in the capital of the Company on closing and an earnout purchase price of up to CAD 8,566,000, payable upon the achievement of certain Revenue and EBITDA targets for the Med PPE business for the 2021 and 2022 calendar years (the "Earnout Payments"). Post completion, Med PPE Canada Inc.'s team will join Relevium Technologies Inc. Under the proposed terms, the vendors of the Med PPE shares would receive (i) a CAD 500,000 Earnout Payment if the Med PPE revenue for 2021 is CAD 7,200,000 and the amount of this Earnout Payment would increase by CAD 0.16 for every CAD 1 of revenue exceeding the CAD 7,200,000 target, to a maximum of CAD 1,000,000; (ii) a CAD 375,000 Earnout Payment if the Med PPE EBITDA margin is equal to or greater than 5% for 2021 and the amount of this Earnout Payment would increase by CAD 150,000 for every 1% of EBITDA margin above 5%, to a maximum of CAD 1,500,000; (iii) a CAD 1,000,000 Earnout Payment if the Med PPE revenue for 2022 is CAD 9,800,000 and the amount of this Earnout Payment will increase or decrease by CAD 0.10 for every CAD 1 of revenue above or below the CAD 9,800,000 target, to a maximum of CAD 2,000,000; and (iv) a CAD 500,000 Earnout Payment if the Med PPE EBITDA for 2022 is CAD 300,000 and the amount of this Earnout Payment would increase or decrease by CAD 3.33 for every CAD 1 of EBITDA above or below the CAD 300,000 target, to a maximum of CAD 1,666,000 and with no Earnout Payment being paid for this item if EBITDA for 2022 is less than CAD 225,000. The Earnout Payments would be payable in common shares of the Company with the number of shares to be issued being calculated based on the volume weighted average trading price of the common shares of the Company for the 10 days preceding the date of issuance. Completion of the transaction is subject to customary closing conditions including the completion of due diligence, negotiation of definitive agreements and receipt of all necessary regulatory approvals including, without limitation, approval of the TSX Venture Exchange. Foundation Markets Inc provides financial advisory to Relevium Technologies Inc. on the transaction.

Sep 01

Icanic Brands Company Inc. (CNSX:ICAN) has signed a binding letter of intent to acquire Leef Holdings, LLC.

Icanic Brands Company Inc. (CNSX:ICAN) has signed a binding letter of intent to acquire Leef Holdings, LLC on August 31, 2021. Under the terms of the letter of intent, the Icanic Brands Company Inc. will acquire all of the issued and outstanding securities of LEEF in exchange for common shares of the Icanic Brands Company Inc. The purchase price will be comprised of Closing Purchase Price and the Earn-Out Payments. The performance earn-out payment forming part of the Purchase Price will be paid as follows15 months following Closing, an amount equal to 10% of the TTM revenue calculated for the 12-month period immediately following Closing, multiplied by 2.0, minus the Closing Purchase Price, 27 months following Closing, an amount equal to 10% of the TTM revenue calculated for the 12-month period immediately following the first anniversary of the Closing, multiplied by 2.0, minus the Closing Purchase Price and minus any amounts paid pursuant to the First Earn-Out Payment and 39 months following Closing, an amount equal to 10% of the TTM revenue calculated for the 12-month period immediately following the second anniversary of the Closing, multiplied by 2.0, minus the Closing Purchase Price and minus any amounts paid pursuant to the First Earn-Out Payment and Second Earn-Out Payment Third Earn-Out Payment. As on December 31, 2020, Revenue of $33.9 million and EBITDA of $2.0 million. Transaction is subject to customary closing conditions and regulatory approvals, including, among other things, the approval of the CSE, as well as the execution of a binding definitive agreement. The Proposed Acquisition is anticipated to be completed in Q4 2021. Bayline Capital Partners acted as financial advisor and Cassels Brock & Blackwell LLP acted as legal advisor Leef Holdings, LLC. McMillan LLP acted as legal advisor to Icanic Brands.

Canadian (TSX) Personal Products Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

IWIN

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

BILZ

High number of new and inexperienced directors

FUEL

Plantfuel® A Premium Plant-Based Nutritional Supplement Brand Is Now Available on Amazon

NU

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

RLV

Relevium Technologies Inc. (TSXV:RLV) entered into a nonbinding term sheet to acquire Med PPE Canada Inc. for CAD 10.4 million.

JWEL

Upcoming dividend of CA$0.15 per share

MAV

CEO & President recently bought CA$684k worth of stock

AHC

Third quarter 2021 earnings released: EPS CA$0.028 (vs CA$0.38 in 3Q 2020)

WLCO

No independent directors

TAAT

Price target increased to CA$5.92

FIT

Full year 2021 earnings released: US$0.026 loss per share (vs US$0.039 loss in FY 2020)

EMRG

Less than half of directors are independent

ICAN

Icanic Brands Company Inc. (CNSX:ICAN) has signed a binding letter of intent to acquire Leef Holdings, LLC.

LVT

Levitee Labs Inc. (CNSX:LVT) agreed to acquire BlockMD LTD. for $1.5 million.

HMBL

Humble & Fume Inc Announces the Launch of FUME

PSYC

Psyched Wellness Commences Next Pre- Clinical Study on AME-1