Greenrise Global Brands Inc. (C:XCX)
Business Focus: Alternative Medicine
| Sector: Healthcare | Industry: Pharmaceuticals |
| Company Contact | |
| Address: | 224 5th Avenue West VANCOUVER BC V5Y 1J4 |
| Tel: | N/A |
| Website: | https://greenriseglobal.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Greenrise Global Brands Inc. is a Canada-based investment holding company with investments in the cannabis industry in Germany. The Company, through CannaCare Health GmbH (CannaCare), offers a range of approximately 20 cannabidiol (CBD) products consisting of tinctures, sprays and oils and skincare products made from natural raw materials manufactured in Europe and Germany and distributed through traditional sales channels, such as www.cannacare-health.com and www.canobo.de. CannaCare is a producer and supplier of CBD wellness products and wholly owns AMP Alternative Medical Products GmbH (AMP), an importer and distributor of European Union-Good Manufacturing Practice (EU-GMP) medical cannabis to pharmacies. |
| Financial Overview |
| For the nine months ended 30 September 2023, Greenrise Global Brands Inc revenues was not reported. Net loss before extraordinary items decreased 79% to EUR266K. Lower net loss reflects Impairment of loans and investments decrease from EUR558K (expense) to EUR0K, Consulting and executive management fees decrease of 58% to EUR62K (expense), Professional fees decrease of 39% to EUR125K (expense). |
| Employees: | 200 as of Dec 31, 2005 |
| Reporting Currency: | Euro |
| Enterprise value: | $4.84M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
| EBITDA (TTM): | -$0.35M as of Sep 30, 2023 |
| Net annual income (TTM): | -$0.69M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$0.07M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | $3.92M as of Sep 30, 2023 |
| Shares outstanding: | 47,236,039 as of Sep 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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