` CNGGF (Cann Group Ltd) vs S&P 500 Comparison - Alpha Spread

CNGGF
vs
S&P 500

Over the past 12 months, CNGGF has underperformed S&P 500, delivering a return of -72% compared to the S&P 500's +20% growth.

Stocks Performance
CNGGF vs S&P 500

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CNGGF
S&P 500
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Performance Gap
CNGGF vs S&P 500

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CNGGF
S&P 500
Difference
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Performance By Year
CNGGF vs S&P 500

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Competitors Performance
Cann Group Ltd vs Peers

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Cann Group Ltd
Glance View

Market Cap
9m USD
Industry
Pharmaceuticals

Cann Group Ltd. operates research and development and cultivation facilities to grow medicinal cannabis. The company is headquartered in Melbourne, Victoria. The company went IPO on 2017-05-04. The firm has established research and cultivation facilities in Melbourne and is developing a cultivation facility near Mildura, Victoria. The company focuses on developing and supplying cannabis, cannabis resin and medicinal cannabis products into the Australian market. The firm has a cannabis research license and cannabis cultivation license. The cannabis cultivation license allows the Company to produce Australian grown material that can be prescribed for patient use. The company focuses on plant genetics, breeding, cultivation, extraction, analysis and production techniques to facilitate the supply of medicinal cannabis for a range of diseases and medical conditions.

CNGGF Intrinsic Value
0.0151 USD
Undervaluation 58%
Intrinsic Value
Price
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