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Corporation
canadiancannabiscorp.com

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Portfolio Exits

2

About Canadian Cannabis

Canadian Cannabis Corp. ("CCC") is a Canadian company focused on the cultivation and distribution of cannabis under Canada's new Marihuana for Medical Purposes Regulations ("MMPR"). The company is a first-mover that plans to acquire multiple facilities and licenses by the start of 2015.

Canadian Cannabis Headquarter Location

100 Rutherford Rd. S

Brampton, Ontario,

Canada

866-790-3324

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Expert Collections containing Canadian Cannabis

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Canadian Cannabis in 1 Expert Collection, including Cannabis.

C

Cannabis

3,834 items

These companies participate in - or service businesses that participate in - the legal cannabis industry. Our definition of cannabis includes both marijuana and hemp (and all derivatives). The collection includes both "plant-touching" and "non-plant-touching" businesses.

Latest Canadian Cannabis News

Best Canadian Cannabis Stocks To Buy? 3 Penny Stocks To Watch Before July

Jun 24, 2022

Are These Canadian Pot Stocks On Your List For July? Top Marijuana Stocks And Investing In 2022 Are you trying to find the top marijuana stocks to invest in right now? Cannabis stock prices plunged once again this week in trading as market volatility reached a new peak in 2022 and the entire market fell to new lows. Cannabis penny stocks are one sector that has substantially declined. For those investors who are unfamiliar, penny stocks are any companies that trade for less than $5. Penny pot stocks, which are renowned for being among the cannabis industry's most volatile segments, are thought of as greater risk/reward investments that many traders make on a short-term basis. Marijuanastocks.com - MarijuanaStocks Top Canadian cannabis stocks are known for having large price fluctuations in the industry. This is mostly because, in contrast to US marijuana equities that are vertically integrated, they trade on the major US markets. Additionally, Canadian cannabis businesses reported better earnings in the first quarter of 2022. Let's take a look at the top 3 marijuana penny stocks to watch at the end of June when the general markets see yet another sharp downturn. Aurora Cannabis Inc. Medicinal marijuana is grown and distributed internationally by Canadian company Aurora Cannabis Inc. With the acquisition of Reliva, a CBD-producing company in the US, the company unveiled its new entry into the US cannabis market. Three more cultivars have been added to Aurora's San Rafael '71 collection. On the international front, the company sent marijuana worth $8 million to Israel. The first shipment to the French medicinal cannabis pilot program has been completed, and the company is currently rebuilding its balance sheet. With the opening of its first manufacturing and production facility with EU-GMP certification on May 18, the company consolidated its position as the market leader in Germany. The business maintained its position as the top Canadian LP in high-margin international medical sales when it released its third-quarter fiscal 2022 results on May 12. Net sales of medical marijuana totaled $39.4 million, an increase of 8% over the prior year. Additionally, total cannabis net revenue for the third quarter of 2022 was $50.4 million, a decrease of 17% from the second quarter. Adjusted EBITDA losses decreased from $20.9 million in the second quarter to $12.3 million in the third. The company's balance sheet is strong right now, and it has already repurchased $141.4 million in convertible notes. Aurora Cannabis bought back $20 million worth of convertible notes in June. ACB Stock Performance ACB stock closed at $1.42 on June 23rd down 55.97% in the past month. Currently, the stock has a 52-week price range of $1.26-$9.54 down 76.19% year to date. According to analysts at CNN Business, ACB stock has a median price target of $2.68 per share. This would be an upside of 88.75% from its last trading price of $1.42. Cronos Group Inc. One of the biggest cannabis companies in the world, Cronos Group Inc., is a multibillion-dollar cannabis distributor with operations across five continents. Canadian consumers have expressed satisfaction with the cannabis brands that Cronos has developed. Additionally, Cronos disclosed that it has paid $110.4 million for a 10.5 percent share in PharmaCann. The federal cannabis legalization situation in the US will have an impact on the purchase, among other factors. The six manufacturing facilities and 23 dispensary sites of PharmaCann would be part of the acquisition. The business unveiled a brand-new range of cannabis edibles with two flavors earlier this year. Adults seem to enjoy these unique edibles, according to research. Net sales for the first quarter of 2022 were $25 million, up 99% year over year, according to the company's May earnings announcement. Additionally, compared to the prior year, net sales in Israel increased by 263 percent to $9.1 million. The business reported a net loss of $32.7 million during Q1 2022, a $129 million decrease from Q1 2021. Gross revenues in the first quarter of 2022 reached $6.9 million because of a rise in cannabis flower sales in the ROW business. Importantly, the company's Adjusted EBITDA in the first quarter of 2022 was negative $18.9 million, up to $17.7 million from the same period last year. In their joint effort to generate eight cultivated cannabinoids, Cronos Group and Ginkgo Bioworks this week reported the third target production milestone. Cronos has successfully met the productivity target for tetrahydrocannabivarin (THCV), a cannabinoid thought to lessen the appetite-stimulating effect of THC, using Ginkgo's platform for organism design and development. CRON Stock Performance On June 23rd CRON stock closed at $2.95, with a 52-week price range of $2.57-$9.12. CRON stock has a 12-month consensus forecast price target of $3.50 per share, according to CNN Business analysts. This projection represents an 18.24% increase over the stock's most recent trading price of $2.95.

Canadian Cannabis Portfolio Exits

2 Portfolio Exits

Canadian Cannabis has 2 portfolio exits. Their latest portfolio exit was Hydropothecary on March 16, 2017.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/16/2017

Reverse Merger

$99M

2

5/11/2016

Merger

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$99M

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10

Date

3/16/2017

5/11/2016

Exit

Reverse Merger

Merger

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

2

10

Canadian Cannabis Acquisitions

3 Acquisitions

Canadian Cannabis acquired 3 companies. Their latest acquisition was Hydropothecary on October 20, 2015.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/20/2015

$99M

Acquired

2

3/3/2015

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$99M

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10

1/7/2015

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$99M

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10

Date

10/20/2015

3/3/2015

1/7/2015

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

2

10

10

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