Heritage Cannabis Holdings (DB:2UE) - Stock Price, News & Analysis

2UE Stock Overview

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

About the company

2UE 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

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

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (€5M)

Shareholders have been diluted in the past year

Heritage Cannabis Holdings Corp. Competitors

Biofrontera

XTRA:B8F

€22.1m

SynBiotic

DUSE:SBX

€47.5m

Apontis Pharma

XTRA:APPH

€67.1m

Pierrel

DB:2FJ0

€92.8m

Price History & Performance

Summary of all time highs, changes and price drops for Heritage Cannabis Holdings
Historical stock prices
Current Share Price	CA$0.0005
52 Week High	CA$0.017
52 Week Low	CA$0.0005
Beta	0.81
1 Month Change	0%
3 Month Change	-66.67%
1 Year Change	-91.67%
3 Year Change	-99.32%
5 Year Change	-99.86%
Change since IPO	-97.92%

Recent updates

Shareholder Returns

	2UE	DE Pharmaceuticals	DE Market
7D	0%	2.5%	1.8%
1Y	-91.7%	-27.7%	2.2%

Return vs Industry: 2UE underperformed the German Pharmaceuticals industry which returned -31.9% over the past year.

Return vs Market: 2UE underperformed the German Market which returned -0.3% over the past year.

Price Volatility

Is 2UE's price volatile compared to industry and market?
2UE volatility
2UE Average Weekly Movement	932.6%
Pharmaceuticals Industry Average Movement	6.8%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.1%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 2UE's share price has been volatile over the past 3 months.

Volatility Over Time: 2UE's weekly volatility has increased from 710% to 933% 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?
2UE fundamental statistics
Market cap	€3.48m
Earnings (TTM)	-€13.75m
Revenue (TTM)	€20.39m

0.2x

P/S Ratio

-0.3x

P/E Ratio

Is 2UE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2UE 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 2UE perform over the long term?

See historical performance and comparison

2UE Stock Overview

Rewards

Risk Analysis

Heritage Cannabis Holdings Corp. Competitors

XTRA:B8F

€22.1m

DUSE:SBX

€47.5m

XTRA:APPH

€67.1m

DB:2FJ0

€92.8m

Price History & Performance

Recent News & Updates

Full year 2023 earnings released: CA$0.021 loss per share (vs CA$0.028 loss in FY 2022)

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

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 Corp. Appoints Jasmine Paige as Interim Chief Financial Officer

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

Recent updates

Full year 2023 earnings released: CA$0.021 loss per share (vs CA$0.028 loss in FY 2022)

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

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 Corp. Appoints Jasmine Paige as Interim Chief Financial Officer

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)

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)

Less than half of directors are independent

Second quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.007 loss in 2Q 2021)

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

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

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

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

President recently bought €61k worth of stock

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

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

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 €90k worth of stock

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

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

Heritage Cannabis Holdings Corp. Appoints Umar Syed as President, U.S. & International Medical Products

Heritage Cannabis Holdings Corp. (CNSX:CANN) completed the acquisition of Opticann Inc. for CAD 12.1 million.

Heritage Cannabis Holdings Corp. Announces Vape Products Now Available in Manitoba and British Columbia

Heritage Cannabis Holdings Corp. (CNSX:CANN) entered into an agreement to acquire Opticann Inc. for CAD 35 million.