Heritage Cannabis Holdings (CNSX:CANN) - Stock Price, News & Analysis

CANN Stock Overview

Heritage Cannabis Holdings Corp., through its subsidiaries, operates as a cannabinoid company in Canada and the United States.

About the company

CANN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Risk Analysis

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (CA$5M)

Earnings have declined by 30.5% per year over past 5 years

Shareholders have been diluted in the past year

Heritage Cannabis Holdings Corp. Competitors

Blueberries Medical

CNSX:BBM

CA$6.0m

Appili Therapeutics

TSX:APLI

CA$4.9m

GABY

CNSX:GABY

CA$3.7m

Ayurcann Holdings

CNSX:AYUR

CA$4.9m

Price History & Performance

Summary of all time highs, changes and price drops for Heritage Cannabis Holdings
Historical stock prices
Current Share Price	CA$0.005
52 Week High	CA$0.02
52 Week Low	CA$0.005
Beta	0.81
1 Month Change	0%
3 Month Change	-50.00%
1 Year Change	-66.67%
3 Year Change	-95.45%
5 Year Change	-99.19%
Change since IPO	-98.33%

Positive Sentiment Still Eludes Heritage Cannabis Holdings Corp. (CSE:CANN) Following 50% Share Price Slump

Mar 27

Positive Sentiment Still Eludes Heritage Cannabis Holdings Corp. (CSE:CANN) Following 33% Share Price Slump

Feb 11

Investors Continue Waiting On Sidelines For Heritage Cannabis Holdings Corp. (CSE:CANN)

Dec 18

Recent updates

Positive Sentiment Still Eludes Heritage Cannabis Holdings Corp. (CSE:CANN) Following 50% Share Price Slump

Mar 27

Positive Sentiment Still Eludes Heritage Cannabis Holdings Corp. (CSE:CANN) Following 33% Share Price Slump

Feb 11

Investors Continue Waiting On Sidelines For Heritage Cannabis Holdings Corp. (CSE:CANN)

Dec 18

Heritage Cannabis Holdings (CSE:CANN) Has Debt But No Earnings; Should You Worry?

Sep 16

Heritage Cannabis Holdings Corp. (CSE:CANN) Looks Inexpensive After Falling 33% But Perhaps Not Attractive Enough

Jul 22

Can You Imagine How Elated Heritage Cannabis Holdings' (CSE:CANN) Shareholders Feel About Its 775% Share Price Gain?

Mar 03

Is Heritage Cannabis Holdings (CSE:CANN) Weighed On By Its Debt Load?

Jan 07

Shareholder Returns

	CANN	CA Pharmaceuticals	CA Market
7D	0%	-6.6%	0.7%
1Y	-66.7%	41.0%	4.9%

Return vs Industry: CANN underperformed the Canadian Pharmaceuticals industry which returned 41% over the past year.

Return vs Market: CANN underperformed the Canadian Market which returned 4.9% over the past year.

Price Volatility

Is CANN's price volatile compared to industry and market?
CANN volatility
CANN Average Weekly Movement	105.9%
Pharmaceuticals Industry Average Movement	13.8%
Market Average Movement	9.0%
10% most volatile stocks in CA Market	18.1%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: CANN's share price has been volatile over the past 3 months.

Volatility Over Time: CANN's weekly volatility has increased from 67% to 106% over the past year.

About the Company

Founded	Employees	CEO	Website
2007	n/a	David Schwede	heritagecann.com

Heritage Cannabis Holdings Corp., through its subsidiaries, operates as a cannabinoid company in Canada and the United States. The company offers medicinal-grade cannabis formulations for the pharmaceutical, recreational, and cosmeceutical markets under the Purefarma brand; CBD, indica, sativa, and hybrid categories under the Pura Vida brand; and high-terpene, full-spectrum concentrate under the Premium 5 brand. It also provides other cannabis products under the ArthroCBD, Opticann, Adults Only, Thrifty, and Dank Drops brands.

Heritage Cannabis Holdings Corp. Fundamentals Summary

How do Heritage Cannabis Holdings's earnings and revenue compare to its market cap?
CANN fundamental statistics
Market cap	CA$5.08m
Earnings (TTM)	-CA$20.10m
Revenue (TTM)	CA$29.79m

0.2x

P/S Ratio

-0.3x

P/E Ratio

Is CANN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CANN income statement (TTM)
Revenue	CA$29.79m
Cost of Revenue	CA$17.71m
Gross Profit	CA$12.08m
Other Expenses	CA$32.18m
Earnings	-CA$20.10m

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.02
Gross Margin	40.56%
Net Profit Margin	-67.45%
Debt/Equity Ratio	35.1%

How did CANN perform over the long term?

See historical performance and comparison

CANN Stock Overview

Rewards

Risk Analysis

Heritage Cannabis Holdings Corp. Competitors

CNSX:BBM

CA$6.0m

TSX:APLI

CA$4.9m

CNSX:GABY

CA$3.7m

CNSX:AYUR

CA$4.9m

Price History & Performance

Recent News & Updates

Positive Sentiment Still Eludes Heritage Cannabis Holdings Corp. (CSE:CANN) Following 50% Share Price Slump

Positive Sentiment Still Eludes Heritage Cannabis Holdings Corp. (CSE:CANN) Following 33% Share Price Slump

Heritage Cannabis Holdings Corp. Announces New RAD Products, New Juicy Hoots Brand and Successful Adults Only Brand Performance

Investors Continue Waiting On Sidelines For Heritage Cannabis Holdings Corp. (CSE:CANN)

New major risk - Market cap size

Third quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.003 loss in 3Q 2022)

Recent updates

Positive Sentiment Still Eludes Heritage Cannabis Holdings Corp. (CSE:CANN) Following 50% Share Price Slump

Positive Sentiment Still Eludes Heritage Cannabis Holdings Corp. (CSE:CANN) Following 33% Share Price Slump

Heritage Cannabis Holdings Corp. Announces New RAD Products, New Juicy Hoots Brand and Successful Adults Only Brand Performance

Investors Continue Waiting On Sidelines For Heritage Cannabis Holdings Corp. (CSE:CANN)

New major risk - Market cap size

Third quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.003 loss in 3Q 2022)

Heritage Cannabis Holdings (CSE:CANN) Has Debt But No Earnings; Should You Worry?

Heritage Cannabis Holdings Corp. Appoints Jasmine Paige as Interim Chief Financial Officer

Heritage Cannabis Holdings Corp. (CSE:CANN) Looks Inexpensive After Falling 33% But Perhaps Not Attractive Enough

Heritage Cannabis Begins Manufacturing for New York Recreational Market with Products Available in the State This August

Second quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 2Q 2022)

Is Heritage Cannabis Holdings (CSE:CANN) Using Too Much Debt?

Heritage Cannabis Holdings Corp. Appoints Clinton Sharples, and Celine Arsenault as Directors

First quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.008 profit in 1Q 2022)

Full year 2022 earnings released: CA$0.028 loss per share (vs CA$0.082 loss in FY 2021)

Heritage Cannabis Holdings Corp. Announces Executive Changes

Heritage Cannabis Holdings Corp. announced that it expects to receive $20 million in funding from Obsidian Global Partners, LLC

Heritage Cannabis Holdings Corp. Announces the Introduction of RAD Razzlers Gummies to the Canadian Market

Third quarter 2022 earnings released: CA$0.003 loss per share (vs CA$0.009 loss in 3Q 2021)

Heritage Cannabis Holdings (CSE:CANN) Is Carrying A Fair Bit Of Debt

Less than half of directors are independent

Heritage Cannabis Announces Twenty New Product Listings for the Ontario Cannabis Market

First quarter 2022 earnings released: EPS: CA$0.008 (vs CA$0.006 loss in 1Q 2021)

Heritage Cannabis Holdings Corp., Annual General Meeting, Jun 30, 2022

Heritage Cannabis Holdings Corp. to Report Fiscal Year 2021 Results on May 11, 2022

An unknown buyer acquired an 18% stake in Stanley Park Digital Ltd from Heritage Cannabis Holdings Corp. (CNSX:CANN) for CAD 0.61 million.

An unknown buyer acquired an 18% stake in Stanley Park Digital Ltd from Heritage Cannabis Holdings Corp. (CNSX:CANN) for CAD 0.61 million.

Heritage Cannabis Holdings Corp. Announces Nine New Product Launches in the Ontario Cannabis Market, Including Flower, Pre-Rolls and Concentrates

Heritage Cannabis Holdings Corp. announced that it expects to receive $1.5 million in funding from Merida Capital Partners, LLC

Is Heritage Cannabis Holdings (CSE:CANN) A Risky Investment?

Second quarter 2021 earnings released: CA$0.007 loss per share (vs CA$0.004 loss in 2Q 2020)

Heritage Cannabis Holdings Corp. Announces the Launch of RADsicles

Heritage Grants Health Canada Research License

Heritage Cannabis Holdings Corp. (CNSX:CANN) entered into a non binding letter of intent to acquire The Bloom Brand for $32 million.

Heritage Cannabis Holdings Corp. Announces Launch of ArthroCBD in the United States

Price target decreased to CA$0.30

First quarter 2021 earnings released: CA$0.006 loss per share (vs CA$0.005 loss in 1Q 2020)

Heritage Cannabis Holdings Corp. Announces Receipt of the First Health Canada Cannabis Export License Granted for Brazil

President recently bought CA$90k worth of stock

Heritage Cannabis Holdings Corp. has completed a Composite Units Offering in the amount of CAD 12.04 million.

Heritage Cannabis Announces Manitoba to Now Carry RAD and Newly Introduced Feelgood. Brands

Heritage Cannabis Holdings Corp. Announces Launch of New Affordable Health and Wellness Brand Feelgood. and First Delivery to B.C

Heritage Cannabis Holdings Corp. Receives First Order from the Nova Scotia Liquor Corporation to Sell its Rad Branded Products in the Province

Can You Imagine How Elated Heritage Cannabis Holdings' (CSE:CANN) Shareholders Feel About Its 775% Share Price Gain?

Heritage Cannabis Holdings Corp. has completed a Composite Units Offering in the amount of CAD 12.04 million.

Heritage Cannabis Provides Corporate Update on Positive Canadian Recreational Product Uptake and Launch of Medical Products

Heritage Cannabis Announces Purefarma and Pura Vida Products Are Now Available Online on the Endodna Site Mydna.Live

Heritage Cannabis Holdings Corp., Annual General Meeting, Apr 16, 2021

Heritage Cannabis Holdings Corp. (CNSX:CANN) completed the acquisition of Premium 5 Ltd.

Insider recently sold CA$140k worth of stock

Heritage Cannabis Holdings Corp. Announces Termination of Term Sheet with Cannahive Inc

Is Heritage Cannabis Holdings (CSE:CANN) Weighed On By Its Debt Load?

Heritage Cannabis Holdings Corp. (CNSX:CANN) entered in an agreement to acquire Premium 5 Ltd. for CAD 41 million.

Heritage Cannabis Announces It Has Entered into A Product Distribution Chain with CannaBR to Distribute and Sell Bulk CBD Products in Brazil

Heritage Cannabis Holdings Corp. Announces Pura Vida and Purefarma Products Now Available in Alberta

Heritage Cannabis Holdings Corp. Appoints Umar Syed as Corporate Secretary

Heritage Cannabis Products Approves for Sale in Alberta

Heritage Cannabis Receives Inaugural Order from Saskatchewan’S Weed Pool Cannabis Co-Operative for Pura Vida and Purefarma Brands

Heritage Cannabis Holdings Corp. Signs Letter of Intent with Intelgenx Technologies Corp. for Long-Term Cannabis Filmstrip Supply Agreement