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Avicanna Inc.

AVCN.TO TSX Healthcare Drug Manufacturers - Specialty & Generic Toronto, Canada
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Stock Performance
Price History
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Market Data
Market Cap 22.6M
P/E Ratio -
52-Week High -
52-Week Low -
Avg Volume -
Beta -
Forward P/E -
Dividend Yield -
EV/Revenue -
Price/Book -
Business Overview

Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research, development, advancement, and commercialization of evidence-based cannabinoid-based products and formulations for consumer, medical, and pharmaceutical markets in Canada and internationally. It provides medical cannabis formulary products, including oral, sublingual, topical, and transdermal deliveries with various ratios of cannabinoids under the RHO Phyto brand; and indication-specific pharmaceutical products to address unmet medical needs in the areas of dermatology, chronic pain, and various neurological disorders, such as Trunerox, an adjuvant treatment for seizure associated with Lennox-Gastaut Syndrome and Dravet Syndrome. The company also offers active pharmaceutical ingredients comprising various cannabidiol, tetrahydrocannabinol, and cannabigerol flower for use in the development and production of food, cosmetics, medical, and pharmaceutical products under the Aureus Santa Marta brand. In addition, it operates MyMedi.ca, a medical cannabis care platform that offers a diverse portfolio of products and bilingual pharmacist-led patient support programs, specialty services to veterans, as well as provides educational resources to the medical community to facilitate the incorporation of medical cannabis into health care regimens; and collaborates with public and private payers for adjudication and reimbursement. The company has a research and collaboration agreement with a multinational European based pharmaceutical company to assess its proprietary SEDDS technology in combination with Collaborator's various drug delivery and pharmaceutical formats. Avicanna Inc. was incorporated in 2016 and is headquartered in Toronto, Canada.

Healthcare Drug Manufacturers - Specialty & Generic TSX
Key Financial Metrics
25.5M
Revenue
-3.6M
Net Income
C$-0.04
EPS (Diluted)
-2.9M
Free Cash Flow
Profitability
Gross Margin 50.7%
Operating Margin -18.4%
Net Profit Margin -14.2%
EBITDA -2.4M
Returns & Efficiency
Return on Assets (ROA) -18.0%
Return on Equity (ROE) -156.4%
Dividend Yield -
Payout Ratio -
Financial Health
Total Assets 20.1M
Total Debt 109,227
Debt to Equity 0.05x
Current Ratio 0.82
Company Info
IndustryDrug Manufacturers - Specialty & Generic
HQToronto, Canada
Employees87
Fiscal Year End1735603200
CurrencyCAD
Websitewww.avicanna.com
Peers
7.9B
P/E: --
2.5B
P/E: 12.0
2.5B
P/E: 23.7
2.2B
P/E: 53.2
1.4B
P/E: 24.1
1.2B
P/E: --
1.1B
P/E: --
631.8M
P/E: --
Insider Activity
Sentiment Bullish
Shares Bought 5,690,345
Shares Sold 0
Total Transactions 50
SEDAR+ Filings
View All Filings
10
Quarterly Reports
12
MD&A
104
News Releases
11
Material Changes
2
Prospectuses
8
Governance
22
Certifications
50
Other
Interactive Charts
Company Profile
General Information
Company NameAvicanna Inc.
TickerAVCN.TO
ExchangeTSX
SectorHealthcare
IndustryDrug Manufacturers - Specialty & Generic
HeadquartersToronto, Canada
Employees87
Fiscal Year End1735603200
CurrencyCAD
Websitewww.avicanna.com
Financial Summary
Market Cap22.6M
Revenue25.5M
Net Income-3.6M
P/E RatioN/A
EPS (Diluted)C$-0.04
Net Margin-14.2%
ROE-156.4%
Dividend YieldN/A
Business Description
Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research, development, advancement, and commercialization of evidence-based cannabinoid-based products and formulations for consumer, medical, and pharmaceutical markets in Canada and internationally. It provides medical cannabis formulary products, including oral, sublingual, topical, and transdermal deliveries with various ratios of cannabinoids under the RHO Phyto brand; and indication-specific pharmaceutical products to address unmet medical needs in the areas of dermatology, chronic pain, and various neurological disorders, such as Trunerox, an adjuvant treatment for seizure associated with Lennox-Gastaut Syndrome and Dravet Syndrome. The company also offers active pharmaceutical ingredients comprising various cannabidiol, tetrahydrocannabinol, and cannabigerol flower for use in the development and production of food, cosmetics, medical, and pharmaceutical products under the Aureus Santa Marta brand. In addition, it operates MyMedi.ca, a medical cannabis care platform that offers a diverse portfolio of products and bilingual pharmacist-led patient support programs, specialty services to veterans, as well as provides educational resources to the medical community to facilitate the incorporation of medical cannabis into health care regimens; and collaborates with public and private payers for adjudication and reimbursement. The company has a research and collaboration agreement with a multinational European based pharmaceutical company to assess its proprietary SEDDS technology in combination with Collaborator's various drug delivery and pharmaceutical formats. Avicanna Inc. was incorporated in 2016 and is headquartered in Toronto, Canada.
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