Kiaro Holdings Corp.
KO.V
Toronto Stock Exchange Ventures0.01
CAD
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Kiaro Holdings Corp.
KO.V
(Toronto Stock Exchange Ventures)
Recent
price
0.01
P/E
ratio
- -
div
yld
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ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Kiaro Holdings Corp. owns and operates cannabis retail stores across Canada, with a focus on retail sales, wholesale distribution, and eCommerce platforms. The company offers cannabis flower strains, edibles, beverages, CBD, CBN, CBG products, infused pre-rolls, vapes, concentrates, and consumption accessories through its physical stores in British Columbia, Saskatchewan, and Ontario; an online platform serving Canada, the United States, and Australia; and wholesale cannabis products supplied to licensed retailers primarily in Saskatchewan. Kiaro Holdings operates in the cannabis retail and distribution industry, targeting both new and experienced consumers via omni-channel strategies including storefronts, delivery in regions such as Vancouver, Burnaby, Richmond, Surrey, Port Moody, Coquitlam, and others, and curated partnerships with farms and innovators for rapid product introductions. Founded in 2017 and headquartered at 110 East Cordova Street, Vancouver, British Columbia, the company generates the majority of its revenue from its retail cannabis stores segment. In recent developments, Kiaro closed its acquisition of Hemisphere Cannabis Co. from Aegis Brands Inc. in September 2021, doubling its retail footprint to 16 operational stores plus two in development and forecasting annual revenue of $42.7 million with gross profit of $13.7 million; additionally, in September 2021, it entered a $240,000 data consulting agreement with Fobi AI Inc. to develop AI-driven data analytics, operational intelligence, and big data strategies for enhanced efficiencies.