Cannabis Wheaton Income (OTCMKTS:CBWTF) Releases Quarterly Earnings Results

Cannabis Wheaton Income (OTCMKTS:CBWTF) announced its quarterly earnings results on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. Cannabis Wheaton Income had a return on equity of 19.84% and a net margin of 20.99%.

Cannabis Wheaton Income Stock Performance

Shares of OTCMKTS:CBWTF remained flat at $0.13 during trading on Friday. The company has a current ratio of 2.23, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average of $0.12 and a 200-day moving average of $0.11. The firm has a market capitalization of $180.87 million, a P/E ratio of 6.38 and a beta of 1.39. Cannabis Wheaton Income has a 12 month low of $0.08 and a 12 month high of $0.16.

Cannabis Wheaton Income Company Profile

Cannabis Wheaton Income Corp. is a Canada-based company that operates as a streaming and royalty partner to licensed cannabis producers. Rather than cultivating or processing plants itself, the company provides upfront capital to fund the construction and expansion of cultivation, extraction and manufacturing facilities. In return, Cannabis Wheaton receives a percentage of revenue or in-kind production from its partners’ future harvests, creating a predictable income stream without taking on operational cannabis risks.

The company’s portfolio spans a range of revenue-sharing and product-streaming agreements with multiple Health Canada-licensed producers.