ABcann Global (TSXV: ABCN) (OTC: ABCCF) - Investor Dashboard


➔ ABcann Global
TSXV Ticker: ABCN
OTC Ticker: ABCCF
Sector: Healthcare
Industry: Legal Cannabis
Country: Canada
Employees:  41
Established: 2012
CEO: Barry Fishman

Summary

Fiscal Year-End: December
Facilities: 1
Dried Flower: Production and Sale
Extracts: Production
Number of Patients: N/A
Headquarters: Napanee, Ontario

Financials (03/31/18)

Cash on hand: $133.9mm
Fixed Investment: $12.6mm
Shareholders’ Equity: $106.8mm
Revenues – Last Quarter: $543K
Adj. Gross Margin : -40.6%
EPS : -.05

Capital Structure (05/30/18)

Last Financing: 11.5mm Units at $3.50
Basic Shares: 194.4mm
Warrants: 20.2mm
Options: 9.1mm
Diluted Shares: 237.2mm

Company Brief

Licensed since March 2014, ABcann sets itself apart from other Canadian licensed producers with its 94.7% customer retention rate, its focus on organic cultivation in proprietary growing chambers and its industry-leading production yields in excess of 250 grams per square foot, double the industry average.

The company, which is in the process of developing its 65-acre site with a second 150,000-square-foot facility, has a research partnership with the University of Guelph and has supplied innovative cannabis inhaler device maker Syqe Medical with its standardized cannabis.

Featured Video

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Highlights

  • Focus on pharmaceutical grade plant standardization
  • 94.7% customer retention rate
  • Organic production using exclusive, computer-controlled environmental system
  • More than $130 million in cash

Growth Strategy

  • Expand existing facility and constructing a second facility targeting 40-kilogram per annum production capacity
  • Pursue global initiatives in Europe, Israel, and Australia
  • Active discussions to license production to U.S. operators
  • Scale up Harvest Medicine platform
  • Four new locations expected by year-end 2019

Differentiators

  • Production through computer-controlled environmental systems
  • Industry-leading efficiency in terms of yield per square foot
  • Research partnership with University of Guelph
  • Investment and supply agreement with the Choom brand
  • Supply agreement with Alberta Gaming, Liquor and Cannabis Commission

Exclusive Interview


Market One Media Interview


Above Industry Average Yields

ABcann’s standardized organic growing methods yield not only a higher quality product as reflected by its premium pricing but also a lower overall cost. According to PI Financial, ABcann is able to produce almost double the industry average as measured by grams per square foot.


Strong Advisory Board Led by
the “Father of Cannabis Medicine”

Raphael-Mechoulam-ABcannDr. Raphael Mechoulam is an Israeli organic chemist and professor of Medicinal Chemistry at the Hebrew University of Jerusalem in Israel. Mechoulam is best known for his work (together with Y. Gaoni) in the isolation, structure elucidation and total synthesis of Δ9-tetrahydrocannabinol, the main active principle of cannabis and for the isolation and the identification of the endogenous cannabinoids anandamide from the brain and 2-arachidonoyl glycerol (2-AG) from peripheral organs together with his students, postdocs and collaborators.

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Institutional Analyst Coverage

JASON ZANDBERG, CFA
Pi Financial

GREG MCLEISH, CFA
Mackie Research


Curated Stories & News


Visit ABcann Global, Inc.
at www.abcannglobal.com.

New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. ABcann Global, Inc. is a client of NCV Media, LLC. Read our full disclaimer.