Heritage Cannabis Holdings Corp
CNSX:CANN
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
H
|
Heritage Cannabis Holdings Corp
CNSX:CANN
|
5.3m CAD |
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|
|
| US |
|
Eli Lilly and Co
NYSE:LLY
|
856.7B USD |
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|
|
| US |
|
Johnson & Johnson
NYSE:JNJ
|
566.8B USD |
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|
|
| CH |
|
Roche Holding AG
SIX:ROG
|
243.3B CHF |
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|
|
| UK |
|
AstraZeneca PLC
LSE:AZN
|
216.4B GBP |
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|
|
| US |
|
Merck & Co Inc
NYSE:MRK
|
282.6B USD |
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|
|
| CH |
|
Novartis AG
SIX:NOVN
|
222.2B CHF |
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|
|
| IE |
E
|
Endo International PLC
LSE:0Y5F
|
237.1B USD |
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|
|
| DK |
|
Novo Nordisk A/S
CSE:NOVO B
|
1.1T DKK |
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|
|
| US |
|
Pfizer Inc
NYSE:PFE
|
153.4B USD |
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|
|
| US |
|
Bristol-Myers Squibb Co
NYSE:BMY
|
115.7B USD |
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|
Market Distribution
| Min | -10 058.3% |
| 30th Percentile | 20.4% |
| Median | 33.6% |
| 70th Percentile | 50.5% |
| Max | 717.4% |
Other Profitability Ratios
Heritage Cannabis Holdings Corp
Glance View
Heritage Cannabis Holdings Corp. is a development stage company, which grows, sells, and distributes medical cannabis. The company is headquartered in Toronto, Ontario. The company went IPO on 2010-01-06. The firm focuses on extraction and the creation of extract and extract-derivative products and brands for adult use and cannabis-based medical solutions. The company has a portfolio of cannabis products under the brands Purefarma, Pura Vida, Really Awesome Dope (RAD), Premium 5, feelgood., ArthroCBD and CB4. In Canada, the Company operates through its wholly owned subsidiaries Voyage Cannabis Corp. (Voyage) and CannaCure Corporation (CannaCure). In the United States, the Company operates primarily through its wholly owned subsidiary, Opticann Inc. (Opticann), a Colorado-based oral and topical cannabinoid company, which has the rights to sell non-psychoactive cannabinoids Cannabidiol (CBD) and Cannabigerol (CBG), products made with the VESIsorb drug delivery system. The company operates two manufacturing facilities in Canada and offers products to both the medical and recreational legal cannabis markets.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Heritage Cannabis Holdings Corp is 40.6%, which is above its 3-year median of 32%.
Over the last 3 years, Heritage Cannabis Holdings Corp’s Gross Margin has increased from 19.4% to 40.6%. During this period, it reached a low of 4% on Oct 31, 2021 and a high of 40.6% on Nov 1, 2023.