City View Green Holdings Inc. (C:CVGR)
Business Focus: Alternative Medicine
| Sector: Healthcare | Industry: Pharmaceuticals |
| Company Contact | |
| Address: | 345 Danforth Avenue TORONTO ON M4K 1N7 |
| Tel: | N/A |
| Website: | https://cityviewgreen.ca |
| IR: | See website |
| Key People | ||
| Tim Peterson Chairman of the Board | Rob Fia President, Chief Executive Officer, Director | Eric Myung Chief Financial Officer | Joseph Heng Corporate Secretary, Independent Director |
| Business Overview |
| City View Green Holdings Inc. is a Canada-based consumer packaged goods company focused on the development of cannabis-infused edibles. The Company produces baked goods, chews/gummies and chocolate. The Company also owns a 27.5% stake in Budd Hutt Inc. (Budd Hutt), a retail-focused cannabis company with access to cannabis cultivation and production licenses in Alberta and other retail opportunities across Canada. |
| Financial Overview |
| For the nine months ended 30 September 2023, City View Green Holdings Inc revenues decreased 95% to C$9K. Net loss decreased 57% to C$820K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Interest on lease liabilities decrease from C$283K (expense) to C$0K, Consulting decrease of 56% to C$218K (expense), Supplies decrease from C$199K (expense) to C$0K. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $2.90M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.10M as of Sep 30, 2023 |
| EBITDA (TTM): | -$0.72M as of Sep 30, 2023 |
| Net annual income (TTM): | -$1.35M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$0.75M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | $1.36M as of Sep 30, 2023 |
| Shares outstanding: | 346,587,960 as of Sep 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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