Avicanna Inc trades with the ticker AVCN on the TSX and is in the Drug Manufacturers – Specialty & Generic industry.
Overview
Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research and development of evidence-based products for consumer medical and pharmaceutical segments worldwide. The company collaborates with Canadian academic and medical institutions. Its scientific platform includes research and development, and clinical development that leads to the commercialization of approximately twenty products across four main market segments. The company provides medical and wellness products containing cannabidiol, cannabigerol, and tetrahydrocannabinol under the RHO Phyto brand; functional CBD consumer derma-cosmetic and topical products under the Pura H&W and Pura Earth brand names; and cannabis dried flowers, standardized seeds, full spectrum extracts, cannabinoid distillates, isolated cannabinoids, and bulk formulations derived from hemp and cannabis cultivars under the Aureus brand. It also develops pharmaceutical products for epidermolysis bullosa, dermatology, chronic pain, and various neurological disorders. The company has research collaboration with Dr. Christine Allen’sResearch Group for the development of a cannabinoid-based treatment for lung inflammation associated with COVID19. Avicanna Inc. was incorporated in 2016 and is headquartered in Toronto, Canada.
Looking to invest in Avicanna Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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AVCN.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $43.759MM
PE Ratio:
Price: 0.48 (Updated: 3/12/2024 0:47:16)
Avicanna Inc (AVCN) vs Competitors in Drug Manufacturers – Specialty & Generic
Lets see how AVCN.TO stacks up against others in the Drug Manufacturers – Specialty & Generic asset management industry. We have identified its main peers as:Aurora Cannabis Inc, Bausch Health Companies Inc, Cardiol Therapeutics Inc, Cronos Group Inc, Charlotte’s Web Holdings, Inc
.Drug Manufacturers – Specialty & Generic Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Aurora Cannabis Inc (ACB) | $222.521 | N/A | -0.115 | N/A% |
| Avicanna Inc (AVCN) | $43.759 | N/A | -4.217 | N/A% |
| Bausch Health Companies Inc (BHC) | $4,553.034 | N/A | 15.169 | N/A% |
| Cardiol Therapeutics Inc (CRDL) | $132.181 | N/A | -3.0 | N/A% |
| Cronos Group Inc (CRON) | $1,018.068 | N/A | 1.918 | N/A% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Drug Manufacturers – Specialty & Generic
- Avicanna Inc (AVCN) vs Aurora Cannabis Inc (ACB)
- AVCN has higher EPS (-0.17 vs -79.2). ACB and AVCN both have P/E’s under 0.
- Avicanna Inc (AVCN) vs Bausch Health Companies Inc (BHC)
- AVCN has higher EPS (-0.17 vs -2.18). BHC and AVCN both have P/E’s under 0.
- Avicanna Inc (AVCN) vs Cardiol Therapeutics Inc (CRDL)
- AVCN has higher EPS (-0.17 vs -0.43). CRDL and AVCN both have P/E’s under 0.
- Avicanna Inc (AVCN) vs Cronos Group Inc (CRON)
- AVCN has higher EPS (-0.17 vs -0.24). CRON and AVCN both have P/E’s under 0.
- Avicanna Inc (AVCN) vs Charlotte’s Web Holdings, Inc (CWEB)
- AVCN has higher EPS (-0.17 vs -0.44). CWEB and AVCN both have P/E’s under 0.
Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-4.22) than the industry average (0.33), indicating attractive valuation.
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