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Cannara Biotech Inc
XTSX:LOVE

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Cannara Biotech Inc
XTSX:LOVE
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Price: 1.83 CAD
Market Cap: CA$175.3m

Gross Margin

17.9%
Current
Improving
by 6.6%
vs 3-y average of 11.3%

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
17.9%
=
Gross Profit
CA$20.1m
/
Revenue
CA$112.4m

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
17.9%
=
Gross Profit
CA$20.1m
/
Revenue
CA$112.4m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Cannara Biotech Inc
XTSX:LOVE
173.7m CAD
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US
Eli Lilly and Co
NYSE:LLY
853.2B USD
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US
Johnson & Johnson
NYSE:JNJ
566.5B USD
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CH
Roche Holding AG
SIX:ROG
243.4B CHF
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US
Merck & Co Inc
NYSE:MRK
288B USD
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UK
AstraZeneca PLC
LSE:AZN
214.2B GBP
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CH
Novartis AG
SIX:NOVN
225.4B 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
153.3B USD
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US
Bristol-Myers Squibb Co
NYSE:BMY
115.5B USD
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Market Distribution

Lower than 74% of companies in Canada
Percentile
26th
Based on 4 108 companies
26th percentile
17.9%
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%

Cannara Biotech Inc
Glance View

Market Cap
175.3m CAD
Industry
Pharmaceuticals

Cannara Biotech, Inc. is a pharmaceutical company, which operates cannabis biotech facility. The company is headquartered in Montreal, Quebec. The company went IPO on 2019-01-14. The firm operates through its wholly owned subsidiaries, Cannara Biotech (Quebec) Inc. and Cannara Biotech (Valleyfield) Inc. Its segments include Indoor cannabis operations and Real estate operations. The Indoor cannabis operations segment includes the cultivation, processing and sale of dried cannabis and cannabis derivatives exclusively for the Quebec and Canadian market. The Real estate operations segment is related to the Farnham building. The Company, through ShopCBD.com Inc., operates an online e-commerce platform in the United States hemp-based Cannabidiol (CBD) market. The firm sells dried cannabis products to provincial retail distributors and other licensed producers across Canada through Cannara Biotech (Quebec) Inc. The company owns approximately two cultivation facilities based in Quebec spanning over 1,650,000 square feet.

LOVE Intrinsic Value
HIDDEN
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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
17.9%
=
Gross Profit
CA$20.1m
/
Revenue
CA$112.4m
What is Cannara Biotech Inc's current Gross Margin?

The current Gross Margin for Cannara Biotech Inc is 17.9%, which is above its 3-year median of 11.3%.

How has Gross Margin changed over time?

Over the last 3 years, Cannara Biotech Inc’s Gross Margin has decreased from 18.1% to 17.9%. During this period, it reached a low of 5.6% on Aug 31, 2024 and a high of 18.1% on Nov 30, 2022.

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