Cannabis Wheaton Income (OTCMKTS:CBWTF) Releases Earnings Results

Key Points

• Cannabis Wheaton Income reported earnings of $0.01 per share for the quarter, with a net margin of 16.56% and a return on equity of 18.53%.
• The company's stock, trading under the symbol CBWTF, reached $0.12 with a market capitalization of $165.47 million and a price-to-earnings ratio of 12.32.
• Cannabis Wheaton Income operates within the Canadian cannabis market, focusing on diverse products such as vape cartridges, edibles, and topicals under various brand names.

Cannabis Wheaton Income (OTCMKTS:CBWTF - Get Free Report) announced its earnings results on Thursday. The company reported $0.01 earnings per share (EPS) for the quarter, Zacks reports. Cannabis Wheaton Income had a net margin of 16.56% and a return on equity of 18.53%.

Cannabis Wheaton Income Price Performance

CBWTF traded up $0.00 on Thursday, hitting $0.12. 1,989,372 shares of the stock were exchanged, compared to its average volume of 1,161,694. Cannabis Wheaton Income has a 12 month low of $0.02 and a 12 month high of $0.13. The business has a 50-day moving average of $0.09 and a two-hundred day moving average of $0.07. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.68 and a quick ratio of 0.34. The firm has a market capitalization of $165.47 million, a price-to-earnings ratio of 12.32 and a beta of 1.12.

Cannabis Wheaton Income Company Profile

Auxly Cannabis Group Inc operates as a consumer packaged goods company in the cannabis products market in Canada. It focuses on developing, manufacturing, and distributing cannabis products for wellness and recreational consumers. The company offers cannabis products under various forms, including vape catridges, infused pre-rolls, pre-rolled, vape pens, milled and dried flower, concentrates, chocolates, soft chews, oil drops, capsules, and topicals under the KOLAB PROJECT, Dosecann, BACK FORTY, Foray, and Parcel brand names.

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