City View Green Holdings Inc. (C:CVGR*CA)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 345 Danforth Avenue
TORONTO ON M4K 1N7
Tel: N/A
Website: https://cityviewgreen.ca
IR: See website
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Key People
Tim Peterson
Chairman of the Board
Rob Fia
President, Chief Executive Officer, Director
Eric Myung
Chief Financial Officer
Joseph Heng
Corporate Secretary, Independent Director
   
Business Overview
City View Green Holdings Inc. is a Canada-based consumer packaged goods company focused on the development of cannabis-infused edibles. The Company produces baked goods, chews/gummies and chocolate. The Company also owns a 27.5% stake in Budd Hutt Inc. (Budd Hutt), a retail-focused cannabis company with access to cannabis cultivation and production licenses in Alberta and other retail opportunities across Canada.
Financial Overview
For the nine months ended 30 September 2023, City View Green Holdings Inc revenues decreased 95% to C$9K. Net loss decreased 57% to C$820K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Interest on lease liabilities decrease from C$283K (expense) to C$0K, Consulting decrease of 56% to C$218K (expense), Supplies decrease from C$199K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $2.90M as of Sep 30, 2023
Annual revenue (TTM): $0.10M as of Sep 30, 2023
EBITDA (TTM): -$0.72M as of Sep 30, 2023
Net annual income (TTM): -$1.35M as of Sep 30, 2023
Free cash flow (TTM): -$0.75M as of Sep 30, 2023
Net Debt Last Fiscal Year: $1.36M as of Sep 30, 2023
Shares outstanding: 346,587,960 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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