Avicanna Inc.AVCN.TO

$0.13+0.00 (+0.00%)
TSXHealthcare24:00 UTC

Company snapshot

Market Cap
$15M
Micro-cap
-86%
2019 — today
10-Year Price
-98%
2019 — today
52-Week Range
$0.11$0.30
Current $0.13· 11%

Avicanna Inc., a biopharmaceutical firm headquartered in Toronto, Canada, and founded in 2016, is actively engaged in the research, development, and commercialization of scientifically validated products for both global medical and consumer health markets. The company's comprehensive scientific framework encompasses R&D and clinical trials, often undertaken in collaboration with Canadian academic and medical institutions. This effort has yielded around twenty commercialized products spanning four primary market categories. These offerings include medical and wellness items under the RHO Phyto brand, featuring cannabinoids such as CBD, CBG, and THC; CBD-infused topical and derma-cosmetic products marketed under the Pura H&W and Pura Earth labels; and bulk cannabis and hemp-derived raw materials like dried flowers, standardized seeds, full-spectrum extracts, cannabinoid distillates, and isolates, provided through the Aureus brand. Additionally, Avicanna is advancing a pharmaceutical pipeline focused on treatments for conditions including epidermolysis bullosa, dermatological ailments, chronic pain, and various neurological disorders. A notable research partnership with Dr. Christine Allen's Research Group is dedicated to developing a cannabinoid-based therapy for lung inflammation linked to COVID-19.

Valuation in context

P/E ratio
-4.2
N/A
Not meaningful — company is unprofitable
P/B ratio
1.2
Near historic low
Near historic low — last 10 years
FCF Yield
-14.5%
Above average
Above the 10-year average
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