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Heritage Cannabis Holdings Corp
CNSX:CANN

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Heritage Cannabis Holdings Corp
CNSX:CANN
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Price: 0.005 CAD Market Closed
Market Cap: CA$5.3m

Gross Margin

40.6%
Current
Improving
by 8.6%
vs 3-y average of 32%

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
40.6%
=
Gross Profit
CA$12.1m
/
Revenue
CA$29.8m

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
40.6%
=
Gross Profit
CA$12.1m
/
Revenue
CA$29.8m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
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
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

In line with most companies in Canada
Percentile
59th
Based on 4 108 companies
59th percentile
40.6%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Heritage Cannabis Holdings Corp
Glance View

Market Cap
5.3m CAD
Industry
Pharmaceuticals

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.

CANN Intrinsic Value
Not Available
What is 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.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
40.6%
=
Gross Profit
CA$12.1m
/
Revenue
CA$29.8m
What is Heritage Cannabis Holdings Corp's current Gross Margin?

The current Gross Margin for Heritage Cannabis Holdings Corp is 40.6%, which is above its 3-year median of 32%.

How has Gross Margin changed over time?

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.

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