Can B Corp. (CANB)

OTCMKTS: CANB · Delayed Price · USD
0.0825
-0.0025 (-2.94%)
Feb 26, 2024, 3:59 PM EST - Market closed
Market Cap 2.01M
Revenue (ttm) 2.44M
Net Income (ttm) -10.83M
Shares Out 26.21M
EPS (ttm) -1.90
PE Ratio n/a
Forward PE 8.85
Dividend n/a
Ex-Dividend Date n/a
Volume 449,627
Open 0.0990
Previous Close 0.0850
Day's Range 0.0750 - 0.0990
52-Week Range 0.0120 - 1.3000
Beta 1.48
Analysts n/a
Price Target n/a
Earnings Date n/a

About CANB

Can B Corp., a health and wellness company, develops, manufactures, and sells hemp derived products in the United States. The company provides CBD products derived from hemp, including oils, creams, moisturizers, isolate, gel caps, spa products, concentrates, and lifestyle products. It sells its products under the Canbiola, Nu Wellness, Seven Chakras, and Pure Leaf Oil brands through medical professionals, website, and vending machines. The company also produces industrial hemp, and processes hemp biomass, isolate, and isomers, such as CBN, CBG... [Read more]

Sector Healthcare
Founded 2005
Employees 20
Stock Exchange OTCMKTS
Ticker Symbol CANB
Full Company Profile

Financial Performance

In 2022, Can B's revenue was $6.69 million, an increase of 45.22% compared to the previous year's $4.60 million. Losses were -$14.92 million, 22.6% more than in 2021.

Financial Statements

News

Can B Corp. Expects Nearly $500,000 Annual Savings With Successful Completion of Move of Pure Health Products From Lacey, WA to Colorado

HICKSVILLE, NY, Oct. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Can B Corp. ( OTCQB:   CANB) (“Can B” or the “Company”), a health and wellness company specializing in developing, producing, and ...

4 months ago - GlobeNewsWire

Can B Corp. Secures 1.8 Million Pounds of Biomass for Awarded Contract With One Bad Moon Rising

Processing Has Already Started HICKSVILLE, NY, July 20, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Can B Corp. (OTCQB: CANB) (“Can B” or the “Company”), a health and wellness company specializing in ...

7 months ago - GlobeNewsWire

Can B Corp. Reports Growth of 45% to Company All-Time High $6.7 Million Annual Revenue

Led by Significant Increase in Duramed  Adjusted EBITDA Loss Decreased by 25% to $2.1 Million HICKSVILLE, NY, April 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Can B Corp. (OTCQB: CANB) (“Can B” o...

11 months ago - GlobeNewsWire

Can B Corp. Completes Corporate Debt Restructuring to Position for Uplisting to National Securities Exchange

HICKSVILLE, NY, March 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Can B Corp. ( OTCQB: CANB) (“Can B” or the “Company”), a health and wellness company specializing in developing, producing, and s...

1 year ago - GlobeNewsWire

Can B Corp. Reports Growth of 51% to $2.9 Million Revenue for Third Quarter 2022, the Highest Quarterly Revenue in Company History

HICKSVILLE, NY, Nov. 22, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Can B Corp. (OTCQB: CANB) (“Can B” or the “Company”), a health and wellness company specializing in developing, producing, and sell...

1 year ago - GlobeNewsWire

Forever Brands Signs Manufacturing Agreement with Imbibe Wellness Solutions, LLC, a wholly owned subsidiary of Can B Corp for the Production of a new Plant Based Super Food Brand, Longevity by Brooke Burke Body TM.

NEW YORK , July 26, 2022 /PRNewswire/ -- Forever Brands, a wholly owned subsidiary of ZA Group, Inc (OTCQB: ZAAG), has signed a manufacturing agreement with Imbibe Wellness Solutions, LLC a wholly own...

1 year ago - PRNewsWire

Can B Corp. Reports First Quarter Revenue Growth of 606% to $1.9 Million, the Highest Quarterly Revenue in Company History

Strengthened Balance Sheet with Increases to $17.0 Million in Total Assets and $6.2 Million in Stockholders Equity

1 year ago - GlobeNewsWire

Can B Corp. to Present at the Emerging Growth Conference on Wednesday, April 27, 2022

Can B invites individuals, institutional investors, advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference

1 year ago - GlobeNewsWire

Can B Corp. Discusses 2022 Growth Opportunities and New Partnerships on The Stock Day Podcast

Phoenix, Arizona--(Newsfile Corp. - April 20, 2022) - The Stock Day Podcast welcomed Can B Corp. (OTCQB: CANB) ("the Company"), a health & wellness company providing the highest quality hemp derived c...

2 years ago - Newsfile Corp

Can B Corp. and American Development Partners Agree to Finance and Develop CBD Lounges

First Location in Wynwood Section of Miami, Florida Targeted to Open in 2nd Quarter 2022 HICKSVILLE, NY / ACCESSWIRE / March 8, 2022 / Can B Corp. (OTCQB:CANB) ("Can B" or the "Company"), a health and...

2 years ago - Accesswire

Can B Corp. Executes Joint Venture with PrimeX Making its CBD Products Available in Brazil

Enables Access to the 4th Largest Pharmaceutical Market in the World and its 210 Million Consumers

2 years ago - GlobeNewsWire

Can B Corp.'s Pure Health Products Awarded NSF's GMP Certification

Independent Certification Enables the Company to Produce for Major Retailers Worldwide HICKSVILLE, NY / ACCESSWIRE / December 30, 2021 / Can B Corp. (OTCQB:CANB) ("Can B" or the "Company"), a health a...

2 years ago - Accesswire

Can B Corp. Reports 316% Revenue Growth to a Quarterly Revenue Record of $1.9 Million for its Third Quarter 2021

HICKSVILLE, NY / ACCESSWIRE / November 5, 2021 / Can B Corp. (OTCQB:CANB) ("Can B" or the "Company"), a health and wellness company specializing in developing, producing and selling hemp derived canna...

2 years ago - Accesswire

Can B Corp. Secures Lease for 300,000 Square Foot Facility in McMinnville, Tennessee

HICKSVILLE, NY / ACCESSWIRE / August 25, 2021 / Can B Corp. (OTCQB:CANB) ('Can B' or the 'Company'), a diversified health and wellness company specializing in the development, production, and sale of ...

2 years ago - Accesswire

Can B Corp. Strengthens Its Vertical Processing Capabilities With Acquisition of Assets From Music City Botanicals

HICKSVILLE, NY, Aug. 19, 2021 (GLOBE NEWSWIRE) -- via  NewMediaWire -- Can B Corp. (OTCQB: CANB) (“CAN B” or the “Company”), diversified health and wellness company specializing in the development, pr...

2 years ago - GlobeNewsWire

Can B Corp. Closes Acquisition of Assets from Music City Botanicals to Strengthen its Vertical Processing Capabilities

HICKSVILLE, NY / ACCESSWIRE / August 19, 2021 / Can B Corp. (OTCQB:CANB) ('CAN B' or the 'Company'), a diversified health and wellness company specializing in the development, production, and sale of ...

2 years ago - Accesswire

Can B Corp. Reports 96% Revenue Growth for Its Second Quarter 2021

HICKSVILLE, NY / ACCESSWIRE / August 18, 2021 / Can B Corp. (OTCQB:CANB) ("Can B" or the "Company"), a health and wellness company specializing in developing, producing and selling hemp derived cannab...

2 years ago - Accesswire

Can B Corp. Closes Acquisition of Assets from TWS Pharma in CO to Significantly Expand Capabilities in Converting Hemp Biomass to Isolate Used in our CBD and Isomer Product Lines

Adds $5 Million in Processing Assets HICKSVILLE, NY / ACCESSWIRE / August 17, 2021 / Can B Corp. (OTCQB:CANB) ("Can B" or the "Company"), a diversified health and wellness company specializing in the ...

2 years ago - Accesswire

Can B Corp Announces First Quarter 2021 Results

- Strengthened Balance Sheet with $1.7 Million Cash Balance - Strong Gross Margin of 75% HICKSVILLE, NY / ACCESSWIRE / May 22, 2021 / Can B Corp. (OTCQB:CANB) ("Can B" or the "Company") a diversified ...

3 years ago - Accesswire

Can B Corp. Enters the Industrial Hemp Business

HICKSVILLE, NY / ACCESSWIRE / May 12, 2021 / Can B Corp. (OTCQB:CANB) ("Can B" or the "Company"), a diversified health and wellness company, is pleased to announce its recent purchases of additional e...

3 years ago - Accesswire

Can B Corp. Announces Full Year 2020 Results

Strong Gross Margin of 84%  Efficiencies and Lower Expenses Lead to a Significant Reduction in Operating Loss HICKSVILLE, NY /  ACCESSWIRE /  April 14, 2021 / Can B Corp. (OTCQB:CANB) ("Can B" or the ...

3 years ago - Accesswire

Can B Corp. to Present at Virtual Investor Summit on March 23, 2021 at 3:00 PM ET

CEO Marco Alfonsi to Highlight the Company's CBD Branded Products and Diverse Sales Channel Strategy HICKSVILLE, NY / ACCESSWIRE / March 22, 2021 / Can B Corp. (OTCQB: CANB) ("Can B" or the "Company")...

3 years ago - Accesswire

Can B Corp. Acquires Assets from Leading-Edge Hemp Technology Group

Adds Expertise in Pharmacokinetics for the Confluence of Science, Nature, and Culture HICKSVILLE, NY / ACCESSWIRE / March 18, 2021 / Can B Corp. (OTCQB:CANB) ("Can B" or the "Company"), a diversified ...

3 years ago - Accesswire

Can B Corp Partners with Signature PR to Launch a New Premier Line

Targeting Spas, Salons and High-End Retailers

3 years ago - GlobeNewsWire