FinCanna Capital Corp.

FinCanna Capital Corp.

FNNZF
FinCanna Capital Corp.US flagOther OTC
0.00
USD
- -
- -
2.89MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
0.2
0.2
0.08
0.01
- -
- -
- -
Basic EPS, GAAP
- -
-0.1
-0.48
-0.19
-0.17
-0.17
-3.06
0.02
-1.18
-1.1
-0.71
-0.01
- -
Free Cash Flow per Basic Share
- -
-0.08
-0.32
-0.08
-0.04
-0.19
-1.05
-0.33
-0.15
-0.22
-0.11
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.15
-0.59
-0.77
-0.94
-0.34
2.36
1.71
0.49
-0.44
-0.8
-0.03
-0.01
Tangible Book Value per Share
- -
0.24
0.1
-0.09
-0.26
0.84
3.06
2.1
0.86
-0.07
-0.49
-0.02
- -
Basic Weighted Avg Shares
- -
1
1
1
1
2
4
9
10
10
13
234
922
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
1
2
1
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
-565.27
-99.67
-277.03
-2,349.42
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
-1
- -
- -
- -
-13
- -
-12
-11
-9
-2
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
-1,514.71
11.16
-1,504.46
-7,954.21
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
3
8
-1
3
-6
-4
-3
LT Debt
- -
- -
- -
- -
- -
- -
- -
4
- -
6
- -
- -
- -
Total Equity
- -
- -
- -
- -
- -
1
13
20
9
- -
-6
-4
-3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
-10.21
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
2.24
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
1.62
-111.14
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jul'24
Oct'24
Jan'24
ST Debt
3
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
890
953
990
Market Capitalization
3
2
3

Working Capital

FRC

in mil. unless spec.
Jul'24
Oct'24
Jan'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
4
4
4
Payables & Accruals
1
1
1
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
173.17%
277.97%
-36.76%
Free Cash Flow
207.23%
-28.21%
-67.97%
Net Income, GAAP
-75.04%
-1,172.17%
-75.01%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.03
-0.01
-0.01
- -
-0.01
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Vern Vipul
Sector
Financial Services
Industry
Financial - Credit Services
Address
800 West Pender Street Vancouver BC Canada V6C 2V6
IPO Date
Jan 12, 2018
Business
FinCanna Capital Corp operates as a royalty and investment company primarily focused on providing growth capital to rapidly emerging private companies operating in the licensed U.S. medical cannabis industry. Founded in 2013 and headquartered in Vancouver, Canada, FinCanna's core activities encompass investing in and supporting businesses involved in cannabis product manufacturing and distribution; its portfolio includes branded cannabis products such as MYTHC Life™ edibles, live rosin, and flavored gummies. The company’s investments target businesses in key markets including California and other parts of North America, leveraging strategic partnerships with licensed distributors like Royal Greens to expand retail presence. FinCanna's latest developments emphasize a strategic shift towards a 'manufacturer to retail' business model, particularly through its portfolio company QVI Inc. (operating as West County Brands), which focuses on producing branded cannabis edibles priced competitively to disrupt the market. The company has recently increased financing through private placements, raising capital exceeding $2.9 million to support operational expansion and meet growing product demand. Recent collaborations include a joint venture with Cherry Kola Farms to boost sales of premium live rosin products and partnerships expanding distribution with licensed delivery services that cover extensive geographic catchments with over 20,000 active clients. The company operates solely within the cannabis investment segment, providing capital solutions to businesses with large-scale growth potential while aligning business and financial interests with portfolio company operators. FinCanna has implemented corporate restructuring and financial adjustments such as convertible debenture amendments to support its evolving strategic direction. It serves the rapidly growing U.S. cannabis market, projected to exceed $41 billion by 2025, maintaining a focus on medical cannabis and related product innovation. In summary, FinCanna Capital Corp is a Canada-based royalty investment firm specializing in financing and growing licensed cannabis businesses in the U.S., with key products including branded cannabis edibles and concentrates, and recent strategic actions enhancing capital structure and operational reach within high-growth cannabis markets.

Company News

APIChat
  • CSE Bulletin: Delist - FinCanna Capital Corp. (CALI.X)

  • FinCanna Capital Corp. Amends Terms of Convertible Debentures

  • FinCanna Capital Corp. Announces Election to Issue Common Shares in Satisfaction of Convertible Debenture Interest Payments

  • FinCanna Capital's 100% Owned ezGreen Announces Licensed Cannabis Events Schedule in City of Adelanto, California

  • FinCanna Capital Amends Terms of Convertible Debentures

  • FinCanna Portfolio Company, QVI Inc. Experiencing Strong Customer Demand and Revenue Growth

  • FinCanna Portfolio Company QVI Inc. Proud of Expanding Client Roster of Women-Led Cannabis Brands

  • FinCanna Portfolio Company QVI Inc. to Launch "Big Fish" Cannabis Edibles Brand

  • FinCanna Increases Investment Interest to 100% of QVI Inc., a Cannabis Co-Manufacturing Business in California

  • FinCanna Portfolio Company, QVI Inc., Signs Strategic Agreement with Sense Distribution to Expand Retail Reach for Brand Clients Throughout California

  • FinCanna Capital Announces 100% Owned ezGreen Software Approved by the City of Adelanto, California as the Official Point-of-Sale Vendor for Licensed Cannabis Events

  • FinCanna Portfolio Company QVI Inc. Continues to On Board Leading Cannabis Brands for Contract Manufacturing

  • FinCanna Portfolio Company QVI Inc. Launches Production for Multi-State and Multi-Award Winning Brand, Koala Edibles

  • FinCanna Portfolio Company, QVI Inc., Launches Full-Service Cannabis Distribution Company

  • Resonate Blends, Inc. In Full Scale Production of KOAN® Cordials at The Galley

  • CORRECTION: FinCanna Capital Corp. Clarifies Closing Proceeds of Non-Brokered Private Placement

  • FinCanna Capital Corp. Closes Non-Brokered Private Placement to Raise C$2.15 million

  • How California Is Dominating the Cannabis Brand Landscape

  • FinCanna Capital Engages CFN Enterprises Inc. to Reach New Cannabis Investors