Company Overview

Company name: City Cannabis
Description: Retailer of cannabis located in Vancouver, British Columbia. The store offers dried cannabis, pre-rolls, capsules, cannabis oil products, cannabis accessories, and seeds.
Year founded:
Parent company:
Industry: Consumer Products and Services (B2C) | Group: | Code:
Website: www.citycannabis.co
Employees:
City: Vancouver
State: British Columbia
Country: Canada
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Privately Held (no backing)
Exchange:
Ticker:
Revenue (USD Million): 7.70
Gross profit (USD Million): 3.40
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period: FY 2018
Financing Status: The company is in talks to be acquired by Wildflower Brands (OTCQB:WLDFF) for $45 million on April 9, 2019. Pursuant to the terms of the LOI, Wildflower will acquire 100% of the issued and outstanding common shares in the capital of the company in exchange for the issuance of 60 million common shares at a deemed price per Consideration Share of $0.75 for aggregate consideration of $45 million.
Number of active investors:
Profile last updated: 26-Apr-2019
Last known valuation: 45.00
Last known valuation date: 09-Oct-2019