Cultivates medical and adult-use cannabis products. Manufactures a variety of cannabis-infused products. Now — the numbers.
The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.
Average growth of 49% a year over the last 4 years. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
Executives buying with their own money is usually read as confidence in the company’s future.
An investor who bought at the very peak is down 85% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 4 years, sales grew about 49% a year on average.
Sales run at $268.8M a year. A small number, but proof the product has real buyers.
Over the last 12 months, company executives reported 18 buys and 12 sells. Management buying with its own money is usually read as a good sign.
A loss of $68.1M against $268.8M in annual sales.
At the current pace of spending, the cash lasts about 1.5 years. After that, the company needs to find new money.
The stock trades 96% above the average analyst price target.
We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.
One-line summary: few numbers, an untested story. Keep watching.
Not covered, because the filings we hold do not carry it: the revenue breakdown.