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Cann American

CNNA
29
Drug Manufacturers - Specialty & Generic · Healthcare
Price
$0.01
+0.00 (+0.00%)
Market Cap
$3.7M
Exchange
Other OTC
Winston Score
29
Winston is worried
Below-average fundamentals — multiple weak pillars.
Data as of Aug 23, 2026 · filings through Aug 31, 2020
How the score breaks down
Quality
Mixed
Growth
Weak
Cash Flow
Weak
Stability
Data not available
Valuation
Good

Share count falling — buybacks

65.5% over 5y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 898K (2018) → 310K (2023)

Winston Score History

The full picture

Cann American Corp. is a small healthcare company operating in the specialty and generic drug manufacturing space, with a focus on cannabis-derived and cannabinoid-based products. The company targets medical and wellness markets, developing formulations that use plant-based compounds for therapeutic purposes. It sits within the broader legal cannabis and pharmaceutical crossover industry, which remains highly regulated and fragmented.

The company generates revenue through product sales, though its near-zero gross and operating margins suggest it is in an early or pre-revenue stage with significant costs relative to income. It appears to operate primarily in North America, and with a market cap effectively at zero, it is a micro-cap or shell-stage company with very limited financial scale. The main risk facing Cann American is its ability to survive as a going concern — companies at this stage frequently struggle to raise capital, achieve regulatory approvals, and reach profitability before running out of cash.

Score breakdown

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Quality

Profit per sale
Gross Margin
100.0%
Premium pricing power — 100.0% gross margin
Profit after running costs
Operating Margin
-7986.6%
Losing money on operations — -7986.6%
Return on the money invested
ROCE
-232.6%
Weak — -232.6% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales growth
Sales YoY
-64.9%
Shrinking sales (-64.9% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
2/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
-3103.6%
Burning cash (-3103.6%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

What it owes vs what it owns
Debt / Equity
N/A
Data not available
Covers its interest
Interest Cover
N/A
Data not available

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Valuation

Price vs profit
P/E Ratio (TTM)
0.4x
Attractive valuation — P/E 0.4

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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