Blend Labs (NYSE:BLND) versus Cannasys (OTCMKTS:MJTK) Critical Review

Blend Labs (NYSE:BLND) and Cannasys (OTCMKTS:MJTK) are both computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, dividends, profitability, earnings, analyst recommendations, valuation and institutional ownership.

Insider & Institutional Ownership

52.6% of Blend Labs shares are held by institutional investors. 40.3% of Blend Labs shares are held by insiders. Comparatively, 0.2% of Cannasys shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Blend Labs and Cannasys’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Blend Labs	-3.72%	N/A	-1.63%
Cannasys	N/A	N/A	N/A

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Blend Labs and Cannasys, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Blend Labs	1	2	4	0	2.43
Cannasys	0	0	0	0	0.00

Blend Labs presently has a consensus price target of $3.32, suggesting a potential upside of 101.62%. Given Blend Labs’ stronger consensus rating and higher possible upside, equities analysts plainly believe Blend Labs is more favorable than Cannasys.

Earnings and Valuation

This table compares Blend Labs and Cannasys”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Blend Labs	$123.51 million	3.22	-$6.80 million	($0.10)	-16.45
Cannasys	N/A	N/A	N/A	N/A	N/A

Cannasys has lower revenue, but higher earnings than Blend Labs.

Summary

Blend Labs beats Cannasys on 6 of the 8 factors compared between the two stocks.

About Blend Labs

Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in San Francisco, California.

About Cannasys

CannaSys, Inc. provides technology services for the cannabis industry. The company offers Citizen Toke, a text-message-based transaction and promotion platform focused on user acquisition and customer engagement for both regulated cannabis retailers and branded products companies. It also offers BumpUp Rewards, a membership rewards loyalty program designed for social media ties and an electronic solution for providing gifts, points, and discounts to friends and family; and CannaLIMS, a laboratory management information system product focuses on the cannabis marketplace. The company's products serve medical and recreational growers, dispensers, and customers. CannaSys, Inc. was founded in 2013 and is headquartered in Denver, Colorado.