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Artelo Biosciences, Inc. (ARTLW) Stock Analysis

DELISTED 2024

What happened to Artelo Biosciences, Inc. (ARTLW) stock?

Artelo Biosciences, Inc. (ARTLW) no longer trades on public markets. It was delisted in June 2024. The figures below are historical and are not a current quote.

Vol: 29.4K| 52-wk range: $0.0056 – $0.0056
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Artelo Biosciences, Inc. (ARTLW) trades at $0.0056. Artelo Biosciences, Inc. is a clinical-stage biopharmaceutical company focused on developing treatments that modulate the endocannabinoid system. Their pipeline includes ART27. Sector: Healthcare.

Last analyzed: Mar 16, 2026
Artelo Biosciences, Inc. is a clinical-stage biopharmaceutical company focused on developing treatments that modulate the endocannabinoid system. Their pipeline includes ART27.13, ART12.11, and ART26.12, targeting conditions like cancer-related anorexia, inflammatory bowel disease, PTSD, and certain cancers.

Analyst Coverage for ARTLW: ARTLW does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ARTLW against Healthcare peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the ARTLW film Every key number, told as a short cinematic story — just press play. ~2 min
Council Score · Weighted Average of 3 Disciplines
Split View 46/100 · C

ARTLW: the 2 scored disciplines are evenly split. Dominant signal: Jim Simons bearish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI
Ray Dalio
Bullish
Ken Griffin
Neutral
Jim Simons
Bearish
Izzy Englander
Neutral
Seth Klarman
Neutral
Moon AI
Neutral
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Weak
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →

Artelo Biosciences, Inc. (ARTLW) Healthcare & Pipeline Overview

CEOGregory D. Gorgas
Employees5
HeadquartersSolana Beach, US
IPO Year2019

Artelo Biosciences, Inc. is a clinical-stage biopharmaceutical company developing treatments targeting the endocannabinoid system. Their pipeline addresses unmet needs in anorexia, inflammatory bowel disease, PTSD, and cancer, positioning them in the competitive biotechnology landscape with a focus on innovative cannabinoid-based therapies.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for ARTLW?

As of Mar 16, 2026 — figures reflect the data available on that date.

Artelo Biosciences operates in the high-growth biotechnology sector, focusing on innovative cannabinoid-based therapies. The company's value drivers include the successful clinical development and commercialization of its three lead product candidates: ART27.13, ART12.11, and ART26.12. The Phase 1b/2a trial for ART27.13 represents a near-term catalyst. Successful clinical trial outcomes and subsequent regulatory approvals could significantly increase shareholder value. Potential risks include clinical trial failures, regulatory hurdles, and the need for additional capital to fund ongoing research and development activities. With a market capitalization of $0.00B and a P/E ratio of -0.69, Artelo Biosciences is a high-risk, high-reward investment opportunity.

Based on FMP financials and quantitative analysis

ARTLW Key Highlights

Artelo Biosciences is a clinical-stage biopharmaceutical company focused on modulating the endocannabinoid system.

  • The company's lead product candidate, ART27.13, is in Phase 1b/2a clinical trial for anorexia associated with cancer.
  • ART12.11, a synthetic cannabidiol cocrystal, is being developed for inflammatory bowel disease and PTSD.
  • ART26.12, a fatty acid binding protein 5 inhibitor, targets breast and prostate cancer, pain, and anxiety disorders.
  • The company changed its name from Reactive Medical, Inc. to Artelo Biosciences, Inc. in April 2017, reflecting its focus on cannabinoid-based therapeutics.

Who Are ARTLW's Competitors?

ARTLW is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
ARWR Arrowhead Pharmaceuticals, Inc. $87.47 -2.17% $12.3B 30
ASCLF Ascletis Pharma Inc. $1.30 +0.00% $1.36B 52
ADAPY Adaptimmune Therapeutics plc $0.03 +0.00% $7.16M 72
RLYB Rallybio Corporation $16.60 -2.35% $88.1M 81
ICCC ImmuCell Corporation $10.09 -0.39% $91.3M 77
JNCE Jounce Therapeutics, Inc. $1.88 +0.00% $99.0M 71
ORMP Oramed Pharmaceuticals Inc. $4.79 +0.00% $196M 77
CGEN Compugen Ltd. $2.65 +8.61% $251M 76

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are ARTLW's Key Strengths?

Novel approach targeting the endocannabinoid system.

  • Pipeline of product candidates addressing unmet medical needs.
  • Phase 1b/2a clinical trial underway for ART27.13.
  • Experienced management team.

What Are ARTLW's Weaknesses?

Limited financial resources.

  • Small number of employees.
  • Dependence on successful clinical trial outcomes.
  • No products currently approved for commercial sale.

What Could Drive ARTLW Stock Higher?

Completion of Phase 1b/2a clinical trial for ART27.13 in anorexia associated with cancer.

  • Initiation of clinical trials for ART12.11 in inflammatory bowel disease and PTSD.
  • Preclinical data release for ART26.12 in breast and prostate cancer.
  • Potential for strategic partnerships with larger pharmaceutical companies.
  • Advancements in cannabinoid-based therapeutic research.

What Are the Key Risks for ARTLW?

Financial-distress signal — its Altman Z-Score of -17.68 sits in the distress zone (elevated bankruptcy risk).

  • Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
  • Failure to secure additional funding to support research and development activities.
  • Unfavorable results from clinical trials.
  • Delays in regulatory approval processes.
  • Competition from other biotechnology companies.
  • Intellectual property challenges.

What Are the Growth Opportunities for ARTLW?

  • Expansion of ART27.13 into additional cancer-related anorexia markets: The market for anorexia treatments in cancer patients is substantial, with a growing need for effective therapies. Artelo can expand the indications for ART27.13 to include other cancer types and stages, potentially increasing its market reach. The timeline for this expansion depends on the results of ongoing clinical trials and regulatory approvals, but could represent a significant growth opportunity within the next 3-5 years.
  • Development and commercialization of ART12.11 for inflammatory bowel disease (IBD): The IBD market is a large and growing market, driven by the increasing prevalence of Crohn's disease and ulcerative colitis. Artelo's ART12.11 has the potential to address unmet needs in IBD treatment. Successful clinical trials and regulatory approval could lead to significant revenue generation within 5-7 years.
  • Advancement of ART26.12 for breast and prostate cancer: The market for breast and prostate cancer therapies is substantial. Artelo's ART26.12, a fatty acid binding protein 5 inhibitor, has the potential to offer a novel approach to treating these cancers. Positive preclinical and clinical data could attract partnerships or licensing agreements, providing a significant growth opportunity within 5-7 years.
  • Strategic partnerships and collaborations: Artelo can pursue strategic partnerships with larger pharmaceutical companies to accelerate the development and commercialization of its product candidates. These partnerships could provide access to additional funding, expertise, and distribution channels, enhancing Artelo's growth prospects. Such partnerships could materialize within the next 2-3 years.
  • Expansion into new therapeutic areas: Artelo can leverage its expertise in modulating the endocannabinoid system to expand into new therapeutic areas beyond its current focus. This could include developing treatments for other neurological disorders, autoimmune diseases, or metabolic disorders. This expansion would require additional research and development, but could create significant long-term growth opportunities within 5-10 years.

What Threats Does ARTLW Face?

  • Clinical trial failures.
  • Regulatory hurdles.
  • Competition from other biotechnology companies.
  • Need for additional capital.

What Are ARTLW's Competitive Advantages?

  • Proprietary drug candidates targeting the endocannabinoid system.
  • Patent protection for its lead compounds.
  • Clinical data supporting the efficacy and safety of its products.
  • Expertise in cannabinoid-based drug development.
  • First-mover advantage in specific therapeutic areas.

What Does ARTLW Do?

Artelo Biosciences, Inc., founded in 2011 and based in Solana Beach, California, is a clinical-stage biopharmaceutical company dedicated to developing and commercializing novel treatments that modulate the endocannabinoid system. Originally incorporated as Reactive Medical, Inc., the company rebranded as Artelo Biosciences in April 2017 to reflect its focus on cannabinoid-based therapeutics. Artelo's pipeline features three primary product candidates: ART27.13, a synthetic dual cannabinoid G protein-coupled receptor agonist currently in Phase 1b/2a clinical trials for treating anorexia associated with cancer; ART12.11, a synthetic cannabidiol cocrystal being developed for inflammatory bowel disease and post-traumatic stress disorder (PTSD); and ART26.12, a fatty acid binding protein 5 inhibitor targeting breast and prostate cancer, neuropathic and nociceptive pain, and anxiety disorders, including PTSD. By targeting the endocannabinoid system, Artelo aims to address significant unmet medical needs across a range of therapeutic areas.

What Products and Services Does ARTLW Offer?

  • Develops treatments to modulate the endocannabinoid system.
  • Focuses on clinical-stage biopharmaceutical research.
  • Creates synthetic cannabinoid G protein-coupled receptor agonists.
  • Develops synthetic cannabidiol cocrystals.
  • Works on fatty acid binding protein 5 inhibitors.
  • Targets anorexia associated with cancer.
  • Aims to treat inflammatory bowel disease and PTSD.
  • Seeks to address breast and prostate cancer, neuropathic pain, and anxiety disorders.

How Does ARTLW Make Money?

  • Develops and patents novel therapeutic compounds.
  • Conducts preclinical and clinical trials to evaluate safety and efficacy.
  • Seeks regulatory approval from agencies like the FDA.
  • May partner with larger pharmaceutical companies for commercialization.
  • Generates revenue through licensing agreements or direct sales of approved products.

What Industry Does ARTLW Operate In?

Artelo Biosciences operates within the biotechnology industry, which is characterized by rapid innovation, high research and development costs, and stringent regulatory requirements. The market for cannabinoid-based therapeutics is growing as research reveals the potential of the endocannabinoid system in treating various conditions. Artelo competes with other biotechnology companies developing treatments for similar indications. The success of Artelo depends on its ability to navigate the regulatory landscape, secure funding, and demonstrate the efficacy and safety of its product candidates.

Who Are ARTLW's Key Customers?

  • Patients suffering from anorexia associated with cancer.
  • Individuals with inflammatory bowel disease (IBD).
  • Patients diagnosed with post-traumatic stress disorder (PTSD).
  • Individuals affected by breast and prostate cancer.
  • Patients experiencing neuropathic and nociceptive pain.
AI Confidence: 70% Updated: Mar 16, 2026

Company Profile

Artelo Biosciences, Inc. operates in the Biotechnology industry within the Healthcare sector. It is headquartered in Solana Beach, US. The company is led by CEO Gregory D. Gorgas. ARTLW has traded publicly since 2019.

F-Score 3/9

Financial Health

Artelo Biosciences, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -17.68 places it in the distress zone, a signal of elevated financial risk.

ARTLW Financials

Bull Case vs Bear Case

Bull Case

  • Novel approach targeting the endocannabinoid system.
  • Pipeline of product candidates addressing unmet medical needs.
  • Phase 1b/2a clinical trial underway for ART27.13.
  • Experienced management team.

Bear Case

  • Limited financial resources.
  • Small number of employees.
  • Dependence on successful clinical trial outcomes.
  • No products currently approved for commercial sale.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026

ARTLW Latest News

No recent news available for ARTLW.

Leadership: Gregory D. Gorgas

CEO

Gregory D. Gorgas serves as the CEO of Artelo Biosciences, bringing extensive experience in the biopharmaceutical industry. His background includes leadership roles in various pharmaceutical and biotechnology companies, where he focused on strategic planning, business development, and product commercialization. Gorgas has a proven track record of successfully navigating the complexities of drug development and regulatory approval processes. He is responsible for guiding Artelo's strategic direction and overseeing the company's operations.

Track Record: Under Gregory D. Gorgas's leadership, Artelo Biosciences has advanced its pipeline of product candidates, including ART27.13, ART12.11, and ART26.12, through preclinical and clinical development stages. He has overseen the initiation of the Phase 1b/2a clinical trial for ART27.13 and secured funding to support the company's research and development activities. His strategic decisions have positioned Artelo as a key player in the cannabinoid-based therapeutics market.

ARTLW Healthcare Stock FAQ

What happened to Artelo Biosciences, Inc. (ARTLW) stock?

Artelo Biosciences, Inc. (ARTLW) no longer trades on public markets. It was delisted in June 2024. The figures below are historical and are not a current quote.

Can I still buy ARTLW shares?

No. ARTLW stopped trading on public markets in June 2024, so the shares are not available through a broker. Anything you see quoted for ARTLW elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before ARTLW stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Artelo Biosciences, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does Artelo Biosciences, Inc. do?

Artelo Biosciences, Inc. is a clinical-stage biopharmaceutical company focused on developing and commercializing treatments that modulate the endocannabinoid system. Their pipeline includes ART27.13, a synthetic dual cannabinoid G protein-coupled receptor agonist in Phase 1b/2a clinical trial for anorexia associated with cancer; ART12.11, a synthetic cannabidiol cocrystal for inflammatory bowel disease and PTSD; and ART26.12, a fatty acid binding protein 5 inhibitor for breast and prostate cancer, pain, and anxiety disorders.

What are the main risks for ARTLW?

The main risks for Artelo Biosciences include the inherent uncertainties of clinical drug development, such as the possibility of clinical trial failures or delays in regulatory approvals. The company also faces competition from other biotechnology companies developing treatments for similar indications.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available company data and may be subject to change.
  • AI analysis is pending and may provide further insights.
Data Sources

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