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Cannamerica Brands Corp CNNXF

CannAmerica Brands Corp is involved in the Medical and Recreational Cannabis in the United States. The company's principal business is to build on and maximize the value of its brands by promoting, marketing, and licensing these brands through various distribution channels, including dispensaries, wholesalers, and distributors in the United States.


GREY:CNNXF - Post by User

Post by sashapireltalaon Dec 15, 2020 12:28pm
116 Views
Post# 32109391

Strong Fundamentals

Strong Fundamentals
These other companies has a float-to-shares outstanding ratio of around approx 94.4%, which means that the majority of its shares outstanding are publicly traded. With a minuscule market cap of approx $5.016 million, any semblance of good news could potentially spark a rally.
 
With a net income growth forecast of around approx 93.1% and an Altman Z-Score of approximately 6.5, these other companies is not only projecting potential strong growth, but appears to be presently financially stable with a low risk of bankruptcy as well. Ideally, companies want a Z-Score of about 3.0 and above. Anything less than approximately 1.8 is considered poor or a bankruptcy risk. Check disclaimer on my profile.
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