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Cannara Biotech TSXV:LOVE Stock Report

Last Price

CA$0.84

Market Cap

CA$74.7m

7D

-3.4%

1Y

3.7%

Updated

24 Apr, 2024

Data

Company Financials

LOVE Stock Overview

Cannara Biotech Inc., together with its subsidiaries, engages in the indoor cultivation, processing, and sale of cannabis and cannabis-derivated products in Canada.

LOVE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends0/6

Cannara Biotech Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cannara Biotech
Historical stock prices
Current Share PriceCA$0.84
52 Week HighCA$1.15
52 Week LowCA$0.75
Beta1.15
1 Month Change-9.68%
3 Month Change-6.67%
1 Year Change3.70%
3 Year Change-44.00%
5 Year Change-53.33%
Change since IPO-72.46%

Recent News & Updates

Here's Why We Think Cannara Biotech (CVE:LOVE) Might Deserve Your Attention Today

Feb 28
Here's Why We Think Cannara Biotech (CVE:LOVE) Might Deserve Your Attention Today

Investor Optimism Abounds Cannara Biotech Inc. (CVE:LOVE) But Growth Is Lacking

Jan 24
Investor Optimism Abounds Cannara Biotech Inc. (CVE:LOVE) But Growth Is Lacking

Cannara Biotech's (CVE:LOVE) Earnings May Just Be The Starting Point

Dec 18
Cannara Biotech's (CVE:LOVE) Earnings May Just Be The Starting Point

Recent updates

Here's Why We Think Cannara Biotech (CVE:LOVE) Might Deserve Your Attention Today

Feb 28
Here's Why We Think Cannara Biotech (CVE:LOVE) Might Deserve Your Attention Today

Investor Optimism Abounds Cannara Biotech Inc. (CVE:LOVE) But Growth Is Lacking

Jan 24
Investor Optimism Abounds Cannara Biotech Inc. (CVE:LOVE) But Growth Is Lacking

Cannara Biotech's (CVE:LOVE) Earnings May Just Be The Starting Point

Dec 18
Cannara Biotech's (CVE:LOVE) Earnings May Just Be The Starting Point

Is Cannara Biotech (CVE:LOVE) A Risky Investment?

Jul 29
Is Cannara Biotech (CVE:LOVE) A Risky Investment?

Cannara Biotech Inc.'s (CVE:LOVE) Business Is Yet to Catch Up With Its Share Price

Apr 10
Cannara Biotech Inc.'s (CVE:LOVE) Business Is Yet to Catch Up With Its Share Price

Here's Why Cannara Biotech (CVE:LOVE) Has A Meaningful Debt Burden

Jan 26
Here's Why Cannara Biotech (CVE:LOVE) Has A Meaningful Debt Burden

Cannara Biotech's (CVE:LOVE) Earnings Aren't As Good As They Appear

Jan 27
Cannara Biotech's (CVE:LOVE) Earnings Aren't As Good As They Appear

Cannara Biotech (CVE:LOVE) Has A Somewhat Strained Balance Sheet

Dec 10
Cannara Biotech (CVE:LOVE) Has A Somewhat Strained Balance Sheet

Here's Why Cannara Biotech (CSE:LOVE) Can Afford Some Debt

Mar 16
Here's Why Cannara Biotech (CSE:LOVE) Can Afford Some Debt

Can You Imagine How Cannara Biotech's (CSE:LOVE) Shareholders Feel About The -6.5% Share Price Increase?

Jan 22
Can You Imagine How Cannara Biotech's (CSE:LOVE) Shareholders Feel About The -6.5% Share Price Increase?

Have Insiders Been Buying Cannara Biotech Inc. (CSE:LOVE) Shares?

Dec 18
Have Insiders Been Buying Cannara Biotech Inc. (CSE:LOVE) Shares?

Shareholder Returns

LOVECA PharmaceuticalsCA Market
7D-3.4%-3.9%1.2%
1Y3.7%53.0%6.1%

Return vs Industry: LOVE underperformed the Canadian Pharmaceuticals industry which returned 53% over the past year.

Return vs Market: LOVE underperformed the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is LOVE's price volatile compared to industry and market?
LOVE volatility
LOVE Average Weekly Movement8.1%
Pharmaceuticals Industry Average Movement13.8%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

Stable Share Price: LOVE has not had significant price volatility in the past 3 months.

Volatility Over Time: LOVE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aZohar Krivorotcannara.ca

Cannara Biotech Inc., together with its subsidiaries, engages in the indoor cultivation, processing, and sale of cannabis and cannabis-derivated products in Canada. It also offers hemp-based CBD products. The company sells its products through wholesalers and online merchandisers.

Cannara Biotech Inc. Fundamentals Summary

How do Cannara Biotech's earnings and revenue compare to its market cap?
LOVE fundamental statistics
Market capCA$74.72m
Earnings (TTM)CA$9.05m
Revenue (TTM)CA$66.43m

8.4x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LOVE income statement (TTM)
RevenueCA$66.43m
Cost of RevenueCA$35.80m
Gross ProfitCA$30.63m
Other ExpensesCA$21.58m
EarningsCA$9.05m

Last Reported Earnings

Nov 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin46.11%
Net Profit Margin13.62%
Debt/Equity Ratio58.5%

How did LOVE perform over the long term?

See historical performance and comparison
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