Cannabis Wheaton Income (OTCMKTS:CBWTF) Posts Earnings Results

Cannabis Wheaton Income (OTCMKTS:CBWTF) issued its quarterly earnings results on Thursday. The company reported $0.09 earnings per share for the quarter, Zacks reports. Cannabis Wheaton Income had a return on equity of 18.36% and a net margin of 19.74%.

Cannabis Wheaton Income Trading Down 2.4%

OTCMKTS CBWTF traded down $0.06 during trading hours on Thursday, hitting $2.45. 12,789 shares of the company’s stock were exchanged, compared to its average volume of 41,737. The business’s 50 day moving average is $2.45 and its 200-day moving average is $0.77. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 2.23. Cannabis Wheaton Income has a 12-month low of $1.06 and a 12-month high of $2.75. The firm has a market capitalization of $253.01 million, a P/E ratio of 12.89 and a beta of 1.46.

Cannabis Wheaton Income Company Profile

Cannabis Wheaton Income Corp. was a Canadian cannabis company that later changed its name to Auxly Cannabis Group Inc. The company developed a financing model for cannabis producers, providing capital and other support in exchange for rights to a portion of their future production. Auxly went on to focus on developing and selling cannabis products, including products for Canada’s adult-use and medical markets. Its activities included cultivation, processing, product development and distribution.