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Bullboard - Stock Discussion Forum Avicanna Inc AVCNF


Primary Symbol: T.AVCN

Avicanna Inc. is a Canada-based commercial-stage international biopharmaceutical company. The Company's scientific platform commercializes over thirty products across various market segments: Medical Cannabis formulary (RHO Phyto), Medical cannabis care platform (MyMedi.ca), Pharmaceutical pipeline, and Active pharmaceutical ingredients (Aureus Santa Marta). RHO Phyto formulary offers a diverse... see more

TSX:AVCN - Post Discussion

Avicanna Inc > Q3 FINS Review (2 / 5 stars)
View:
Post by WolfOakville on Nov 15, 2024 1:35pm

Q3 FINS Review (2 / 5 stars)

"Expect additional raises, more dilution, and Wolf to stay on the sidelines."

Click for full review
Comment by Dagreedyanalyst on Nov 15, 2024 2:43pm
This made my day. Thank you for confirming that someone important and funded enough is naked shorting this stock that got this clown to write this none sense report. Happy dispute essentially all of your points except its a waste of time. The Company is now debt free so risk for dilution is very low. This is not a 120 year old company you only look at metrics, the reality is this: 1: Revenue is ...more  
Comment by WolfOakville on Nov 15, 2024 2:48pm
Let's re-visit this in 6 months. Nonsense is one word and contains no "e" sunshine.  How will they service their payables with their cash situation and still burning $.  organic growth in the quarter was down double digits. 1x revenue doesn't matter given the above.   
Comment by Dagreedyanalyst on Nov 15, 2024 3:37pm
1 x revenue for a 57% GM margin, IP/pharma company, you are not assessing an MJ stock though thats the picture you would want to paint. This company is still in early stages and is 25M market cap not a blue chip so your metrics are inconsistent with the size and scope of the Company. Y-Y growth has been massive and they are showing amaizng signals across IP, margins and growth. The fact that you ...more  
Comment by WolfOakville on Nov 15, 2024 6:30pm
GFY whiner.
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