International Cannabrands Inc. licenses brands to growers, edible manufacturers, oil extractors, and producers of ancillary products and apparel in the United States and internationally.
The last earnings update was 22 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
International Cannabrands. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
International Cannabrands's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as International Cannabrands has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Pharmaceuticals industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare International Cannabrands's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare International Cannabrands's earnings growth to the Canada market average as no estimate data is available.
Unable to compare International Cannabrands's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if International Cannabrands is high growth as no earnings estimate data is available.
Unable to determine if International Cannabrands is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
International Cannabrands's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
International Cannabrands's finances.
The net worth of a company is the difference between its assets and liabilities.
International Cannabrands's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
International Cannabrands's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
International Cannabrands's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 1.1x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Steven Gormley, also known as Steve, has been President and Chief Executive Officer of International Cannabrands Inc. since July 2018 and as its Director since April 16, 2018. He serves as a Founder, Managing Partner, and Chief Executive Officer at Seventh Point LLC. He serves as COO of Silverback Investments, Inc. He also serves as President of Alta Via Ventures, LLC, a management services company to licensed cannabis businesses in the Los Angeles, California operator. He has operated a hydroponics retail gardening supply enterprise in Los Angeles as well as licensed cultivation facilities in California. He served as Acting Secretary of OSL Holdings Inc. since April 11, 2014. Mr. Gormley served as the Chief Corporate Development Officer of OSL Holdings Inc. He served as the Chief Business Development Officer of OSL Holdings Inc. from April 11, 2014 to March 2016. Mr. Gormley served as the President of Equality Rewards Division at OSL Holdings Inc. since January 2013. Mr. Gormley served as a consultant from July 2012 until January 2013. Mr. Gormley served as a Partner in GB Strategic LLC since August 2011. Prior to that, in 2008, he founded Zamaneth Media Consulting where he served as its Chief Executive Officer until October 2011. Prior to that from 2005 to 2008 Mr. Gormley served as Managing Director at Medical Capital Holdings. From 2004 to 2005 Mr. Gormley served as Managing Director at Seed. He also served as Managing Director at American Entertainment Partners from 2000 to 2004 where he was responsible developing, branding, marketing, launching, managing and operations for these companies. Mr. Gormley served as a Director at OSL Holdings Inc. since June 20, 2013. Mr. Gormley received a Bachelor’s of Arts Degree in Political Science from Gettysburg College in 1989 and continued studies in the Chinese language and literature and the privatization of the former Soviet Union. He is a renowned expert in the legal marijuana sector and whose analysis is featured prominently in outlets like Forbes, Wall Street Journal, CBS News, US News and World Report, Chicago Tribune, and Marketwatch. He has over seven years’ experience in the cannabis industry. He has lived and worked in Asia, Europe, South America and Australia. He got his start in media in television production in the early 90s. After developing content and producing for MTV, Paramount Pictures, Tribune and others, he levered his expertise in content into the on-line sector for a new media private equity fund in the late 90’s and early part of the new century. He helped develop, launch, manage and sell a number of new media properties and eventually founded a branded entertainment company in China. He has also served as managing director for a California based media private equity fund. He deployed C-Level Management Services specializing in startups and turn-arounds.
Insufficient data for Steve to compare compensation growth.
Insufficient data for Steve to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the International Cannabrands management team is less than 2 years, this suggests a new team.
Chief Financial Officer
Chief Operating Officer
Chief Marketing Officer
Vice President of Sales
Secretary & Director
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the International Cannabrands board of directors is less than 3 years, this suggests a new board.
Board of Directors
Secretary & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
International Cannabrands Inc. licenses brands to growers, edible manufacturers, oil extractors, and producers of ancillary products and apparel in the United States and internationally. The company markets the JuJu Royal brand, including JuJu Royal Ultra Premium Cannabis brand to producers and processors to develop branded strains of cannabis, and infused and edible cannabis consumables, as well as ancillary products, including clothing, paraphernalia, posters, and other products. It also provides products containing cannabidiol. The company was formerly known as GEA Technologies Ltd. and changed its name to International Cannabrands Inc. in November 2017. International Cannabrands Inc. was incorporated in 2011 and is headquartered in Denver, Colorado.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.