Fiore Cannabis Ltd.

Fiore Cannabis Ltd.

FIORF
Fiore Cannabis Ltd.US flagOther OTC
0.00
USD
- -
- -
1,971.00Market Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
0.03
- -
0.03
0.02
0.02
0.01
Basic EPS, GAAP
- -
-0.01
0.04
-0.68
-0.36
-0.72
-0.89
-0.65
-0.43
-0.06
-0.06
Free Cash Flow per Basic Share
- -
- -
- -
-0.03
-0.17
-0.64
-0.81
-0.53
-0.04
-0.03
-0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.01
-0.03
-0.68
-0.87
-1.26
0.63
0.59
0.09
-0.06
-0.05
Tangible Book Value per Share
- -
-0.01
-0.03
0.16
0.03
0.65
0.76
0.36
0.06
-0.02
-0.02
Basic Weighted Avg Shares
- -
9
1
7
9
14
23
46
94
152
169
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
1
2
3
2
Operating Margin (%)
- -
- -
- -
- -
- -
-2,544.33
- -
-1,489.73
-425.13
-181.94
-228.94
Depreciation Expense
- -
- -
- -
- -
- -
- -
1
4
15
2
1
Net Income, GAAP
- -
- -
- -
-5
-3
-10
-21
-29
-40
-9
-10
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
-2,601.63
- -
-2,015.27
-1,761.86
-280.89
-415.45
Working Capital
- -
- -
- -
1
- -
6
6
- -
-4
-12
-14
LT Debt
- -
- -
- -
- -
- -
1
1
- -
- -
2
2
Total Equity
- -
- -
- -
1
- -
11
22
37
18
- -
-1
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-77.12
- -
- -
- -
- -
- -
- -
- -
368.95
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
-142.6
-229.55
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'21
Mar'22
Jun'22
ST Debt
12
12
12
LT Borrowings
2
2
2
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
160
167
197
Market Capitalization
9
9
4

Working Capital

FRC

in mil. unless spec.
Dec'21
Mar'22
Jun'22
Total Current Assets
4
3
3
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
1
1
1
Inventories
2
2
2
Total Current Liabilities
16
16
17
Payables & Accruals
4
4
5
ST Debt
12
12
12
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
678.76%
-101.93%
Free Cash Flow
- -
107.79%
7.88%
Net Income, GAAP
- -
62.11%
-77.86%
Sales/Revenue/Turnover
- -
- -
38.89%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
1
1
1
- -
2
2021
1
1
1
1
3
2022
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
-0.05
-0.05
-0.04
- -
-0.43
2021
- -
- -
-0.01
- -
-0.06
2022
-0.01
-0.01
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
- -
- -
- -
- -
- -
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Erik Anderson
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Address
RPO Orchard Park Kelowna BC Canada V1Y 9N8
IPO Date
Sep 1, 2015
Business
Fiore Cannabis Ltd. (CSE: FIOR; OTCQB: FIORF) cultivates, produces and distributes medical and recreational cannabis products as a multi-state operator in the United States with operations centered in Nevada and California; the company offers a diverse portfolio of branded cannabis flower, concentrates, extracts and wellness products including Fiore organic flower, Diamante Labs concentrates, PureCloud9, Gardens of WeEden, Blunt Box, Superior, Fiore Triple Certified, Diamante, Surfer and The Weekender brands, alongside retail sales through its Green Leaf Wellness dispensary in California's Coachella Valley focused on cannabis wellness items. Fiore maintains state-approved licenses in Nevada for medical and recreational cultivation, production and distribution, as well as a dispensary license in California, leveraging proprietary organic cultivation methods at its state-of-the-art Apex facility near Las Vegas to develop high-THC strains and related derivatives for recreational, medical and wellness markets. Founded in 2007 and headquartered in Kelowna, British Columbia, Canada, the company previously operated as Citation Growth Corp. until its name change in October 2020 and targets consumers and patients across North American legal jurisdictions with segments in cultivation, production, retail and hemp-derived products such as seed oil and skin care. Recent developments include the completion of a merger with Unified Global in May 2022, integrating the entity as an operating division to pursue up to 41 retail dispensaries and cultivation sites in Colorado, Oregon and Alberta as part of a Can-Am multi-state operator strategy; a non-binding term sheet in May 2022 for up to C$30 million equity financing from an institutional cannabis-focused fund; an expanded Nevada product portfolio rollout from the Apex facility starting in Q2 2021 encompassing additional extracts and brands; and license renewals in Las Vegas alongside executive and board resignations announced in late 2022, with the company delisted from the Canadian Securities Exchange amid a U.S.-centric growth focus.

Company News

APIChatGPT
  • 7 Penny Stocks With 10x Potential This Year

  • Fiore Cannabis Ltd. (FIORF) CEO Erik Anderson on Q3 2021 Result - Earnings Call Transcript

  • Fiore Cannabis Reports First Quarterly Net Profit, Focuses On U.S. Possible Federal Legalization

  • Fiore Cannabis Provides Corporate Updates Including Developments at Apex Cannabis Facility in Las Vegas

  • Fiore Cannabis Announces Second Quarter 2021 Financial Results As Company Projects Strong Performance in Second Half of the Year

  • Fiore Cannabis Completes Sale of Celista, B.C. Asset to Put Major Focus on Core U.S. Markets

  • Cannabis Industry Investor Presentations Now Available for On-Demand Viewing

  • Fiore Cannabis Announces Debt Settlement Agreement To Further Strengthen Balance Sheet

  • Fiore Cannabis to Acquire California Cannabis Delivery Firm in $1.2 Million Transaction to Strengthen Market Focus

  • Fiore Cannabis Announces Expanded Product Portfolio for Nevada Market

  • Fiore Cannabis Closes Second and Final Tranche of Private Placement

  • Fiore Cannabis Closes First Tranche of Private Placement

  • Fiore Cannabis Announces Virtual AGM Details

  • Fiore Cannabis Announces Preliminary Revenue Performance for First Quarter 2021

  • Fiore Cannabis Announces Presentation at KCSA Cannabis Investor Conference

  • Fiore Cannabis Highlights Strong Cannabis Sales Surge in Nevada Market Still Recovering from Impacts of Pandemic

  • Fiore Cannabis Announces Private Placement to Fuel Expansion in U.S. Markets

  • Fiore Cannabis Directs Focus on Core U.S. Assets and Turnaround Position

  • Fiore Cannabis Announces Sale of Surplus Cannabis Licence to Fund Expansion of Apex Cultivation Facility

  • Fiore Cannabis Continues Strategic Program to Refocus on Core Assets