Isracann Biosciences Inc. (C:IPOT)
Business Focus: Alternative Medicine
| Sector: Healthcare | Industry: Pharmaceuticals |
| Company Contact | |
| Address: | 1600 - 595 Burrard Street VANCOUVER BC V7X 1L3 |
| Tel: | N/A |
| Website: | https://isracann.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Isracann Biosciences Inc. is a Canada-based cannabis company. The principal business focus of the Company is medical cannabis cultivation and distribution to provide products to the Israeli medical cannabis market, and to develop and validate Natural Health Products (NHP), through the Company's operating subsidiaries. The Company's segments include Head Office, Medical Cannabis and Natural Health Product. The Company aims to commercialize natural health medicines in Canada and to leverage agreements within Israel for import/export opportunities and medicinal marijuana cultivation. The Company's subsidiaries include Isracann Holdings Inc., Praesidio Health Inc., Isracann Biosciences Capital Ltd., Isracann Operations Ltd., Isracann Development Ltd., Isracann Agritech Ltd., Isracann Administrative Services Ltd. and others. |
| Financial Overview |
| For the three months ended 31 August 2022, Isracann Biosciences Inc revenues was not reported. Net loss decreased 33% to C$316K. Lower net loss reflects Office facilities and administrative decrease of 87% to C$12K (expense), Consulting decrease of 27% to C$161K (expense), Promotion and advertising decrease from C$33K (expense) to C$0K. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $2.41M as of Aug 31, 2022 |
| Annual revenue (TTM): | $0.00M as of Aug 31, 2022 |
| EBITDA (TTM): | -$2.29M as of Aug 31, 2022 |
| Net annual income (TTM): | -$4.54M as of Aug 31, 2022 |
| Free cash flow (TTM): | -$1.48M as of Aug 31, 2022 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 175,228,944 as of Feb 1, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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