Avicanna Inc. (AVCNF)

OTCMKTS · Delayed Price · Currency is USD
0.283
+0.008 (2.91%)
Dec 12, 2024, 4:00 PM EST
-20.06%
Market Cap 28.64M
Revenue (ttm) 18.43M
Net Income (ttm) -5.03M
Shares Out n/a
EPS (ttm) -0.05
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 8,500
Open 0.283
Previous Close 0.275
Day's Range 0.283 - 0.283
52-Week Range 0.168 - 0.532
Beta 1.31
Analysts n/a
Price Target n/a
Earnings Date Mar 31, 2025

About Avicanna

Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research, development, advancement, and commercialization of evidence-based cannabinoid-based products and formulations for consumer, medical, and pharmaceutical markets worldwide. It commercializes approximately thirty proprietary evidence-based finished products. The company provides medical cannabis formulary products, including oral, sublingual, topical, and transdermal deliveries with various ratios of cannabinoids under the RHO Phyto brand; and indication-specific... [Read more]

Sector Healthcare
Founded 2016
Employees 87
Stock Exchange OTCMKTS
Ticker Symbol AVCNF
Full Company Profile

Financial Performance

In 2023, Avicanna's revenue was 16.79 million, an increase of 314.82% compared to the previous year's 4.05 million. Losses were -8.74 million, -40.67% less than in 2022.

Financial numbers in CAD Financial Statements

News

Avicanna Completes First Delivery of Proprietary Topical Products to Multinational Pharmaceutical Company

Cosmetic registration and delivery into Germany completed in preparation for the initial commercial Launch Cosmetic registration and delivery into Germany completed in preparation for the initial comm...

11 days ago - GlobeNewsWire

Avicanna Reports Q3 2024

9-month revenue of $18.8 million, representing a 75% increase from 2023. Consolidated Gross Margins of 57%, during Q3 2024.

4 weeks ago - GlobeNewsWire

Avicanna Announces Closing of Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LA...

5 weeks ago - GlobeNewsWire

Avicanna Announces Medical Cannabis Real World Evidence Study through MyMedi.ca

1000 patient study on impact of medical cannabis on pain, sleep, anxiety, depression, and epilepsy Study to be led by Dr. Hance Clarke President of The Canadian Pain Society and the CCIC 1000 patient ...

2 months ago - GlobeNewsWire

Avicanna Announces Repayment of Debentures

TORONTO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a commercial stage, international biopharmaceutical company focused on the...

3 months ago - GlobeNewsWire

Avicanna Announces United States Patent and Trademark Office Issuance of Patent on Topical Technology

USPTO issues Patent No. US 20230025693A1 (“ Patent ”) that covers Avicanna's deep penetrating topical cannabinoid composition and methods for treating musculoskeletal inflammation and pain

3 months ago - GlobeNewsWire

Avicanna Subsidiary Completes Export of Aureus Branded CBG into Denmark

19th international market for Aureus branded products and 22nd market for all Avicanna products 19th international market for Aureus branded products and 22nd market for all Avicanna products

4 months ago - GlobeNewsWire

Avicanna Reports Q2 2024

Q2 2024 revenue of $6.1 million an increase of 85% over Q2 2023 Completion of two real world evidence trials on Epidermolysis Bullosa and Musculoskeletal Pain

4 months ago - GlobeNewsWire

Avicanna Announces Changes of Auditors

TORONTO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and c...

4 months ago - GlobeNewsWire

Avicanna Subsidiary Completes Export of Aureus Branded CBG into Singapore

This marks the first export into Asia, the 18 th international market for Aureus branded products and 21 st market for all Avicanna products

5 months ago - GlobeNewsWire

Avicanna Announces Results of Annual General Meeting & Provides Corporate Update

TORONTO, July 10, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and ...

5 months ago - GlobeNewsWire

Avicanna General Meeting

TORONTO, June 19, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and c...

6 months ago - GlobeNewsWire

Avicanna Announces USPTO Issuance of Patent SEDDS Technology

Patent No. US 11,998,632 B2 (“Patent”) covers Avicanna's self-emulsifying drug delivery system (“SEDDS”) oral cannabinoid composition and methods of treating neuropathic pain Patent No. US 11,998,632 ...

6 months ago - GlobeNewsWire

Avicanna to Present at the Life Science Investor Forum June 20th, 2024

Investors, advisors and analysts, will have the opportunity to attend in-person or participate online at VirtualInvestorConferences.com Investors, advisors and analysts, will have the opportunity to a...

6 months ago - GlobeNewsWire

Avicanna Reports Q1 2024 and First Positive Adjusted EBIDTA Quarter

Best Quarterly Results in Company's History from a Financial Perspective. EBITDA Improvements Driven by Record Revenues, Record Margins and Operational Efficiencies. Marketing Authorization of Trunero...

7 months ago - GlobeNewsWire

Avicanna Announces Results of Study in Patients with Epidermolysis Bullosa

The study conducted at The Hospital for Sick Children evaluated wound healing, pain, and itch. 55% of patients enrolled in Study reported improvements in wound healing, 45% displayed wound stability.

7 months ago - GlobeNewsWire

Avicanna Announces Closing of Non-brokered Private Placement

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and...

8 months ago - GlobeNewsWire

Avicanna Announces Completion of Topical Gel Observational Real-World Evidence Study

The study results revealed improvements in symptoms and quality of life in patients with musculoskeletal pain and inflammation The study results revealed improvements in symptoms and quality of life i...

8 months ago - GlobeNewsWire

Avicanna Inc. (AVCNF) Q4 2023 Earnings Call Transcript

Avicanna Inc. (OTCQX:AVCNF) Q4 2023 Earnings Call Transcript April 2, 2024 8:30 AM ET Company Participants Aras Azadian - Chief Executive Officer Phillip Cardella - Chief Financial Officer Conference ...

9 months ago - Seeking Alpha

Avicanna Reports Full Year 2023 Audited Financial Results

$16.8M in Revenue, representing an increase of 314% from 2022 $6.7M Consolidated gross Profit, representing an increase of 500% from 2022

9 months ago - GlobeNewsWire

Avicanna Announces the Canadian Launch of 10% CBD (THC Free) Proprietary Formulation

The 10% CBD (THC free) proprietary oral formulation branded as RHO Phyto Micro Drop 100 in Canada RHO Phyto Micro Drop 100 is available exclusively at MyMedi.ca. TORONTO, March 27, 2024 (GLOBE NEWSWIR...

9 months ago - GlobeNewsWire

Avicanna To Hold Full Year 2023 Earnings Conference Call

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing, and co...

9 months ago - GlobeNewsWire

Avicanna Hosts Symposium on Cannabinoid-based Medicine

Symposium seeks to bring Key Opinion Leaders and health care providers to explore cannabinoid-based R&D, medicine, and clinical adoption from the MaRS Discovery District, Toronto Symposium seeks to br...

10 months ago - GlobeNewsWire

Avicanna Announces New Research Collaboration with a Multi-national European-based Pharmaceutical Company

Research will assess the combination of Avicanna's proprietary SEDDS technology in various drug delivery systems and dosage forms Research will assess the combination of Avicanna's proprietary SEDDS t...

10 months ago - GlobeNewsWire

Avicanna Obtains Its First Indication-Specific Drug Registration with Trunerox™

Approval issued by the Health Authority of Colombia INVIMA for Adjuvant treatment for seizures associated with Lennox-Gastaut Syndrome (LGS) and Dravet Syndrome (DS) Approval issued by the Health Auth...

10 months ago - GlobeNewsWire