CanadaBis Capital Inc V.CANB

Alternate Symbol(s): CNADF

Healthcare

CanadaBis Capital Inc. is a Canada-based vertically integrated cannabis company. The Company’s principal business is the production and sale of recreational cannabis and cannabis extracts. The Company operates through three segments: Cultivation and wholesale, Retail, and Extract. The Cultivation and wholesale segment is engaged in cultivating and distributing cannabis and cannabis products to and through, provincial liquor and cannabis boards, which are subsequently sold to end consumers. Its Retail segment is involved in the sale of cannabis and cannabis related products to end consumers on premise owned and operated by the Company. Its Extract segment comprised of wholesale product sales through its production facilities to distributors and licensed cannabis producers. The Company’s subsidiaries include Stigma Pharmaceuticals Inc., 1998643 Alberta Ltd., Full Spectrum Labs Ltd., 2103157 Alberta Ltd., and Goldstream Cannabis Inc.

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CanadaBis Capital Inc > $$$$ NEWS IS OUT $$$$

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Comment by lscfaon Nov 29, 2023 9:07am

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RE:$$$$ NEWS IS OUT $$$$

Excise taxes are 36% of revenues. If/when the bloody feds reduce this tax rate pot companies will increase substantially. The $1/gm excise tax was set when pot was selling for $10/gm. Now pot sells for $3/gm

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Cannara reports record growth and profitability in Q4 2023