Nova Cannabis Inc.

TSE: NOVC

Canadian symbol:	NOVC.TO
US symbol:	NVACF

Currency in CAD

Valuation Measures⁴

Market Cap (intraday)	40.60M
Enterprise Value	94.80M
Trailing P/E	N/A
Forward P/E	N/A
PEG Ratio (5 yr expected)	N/A
Price/Sales (ttm)	0.18
Price/Book (mrq)	0.85
Enterprise Value/Revenue	0.40
Enterprise Value/EBITDA	13.44

Trading Information

Stock Price History

Beta (5Y Monthly)	-2.96
52-Week Change ³	-46.28%
S&P500 52-Week Change ³	1.77%
52 Week High ³	1.4100
52 Week Low ³	0.3400
50-Day Moving Average ³	0.7104
200-Day Moving Average ³	0.7713

Share Statistics

Avg Vol (3 month) ³	22.27k
Avg Vol (10 day) ³	32.15k
Shares Outstanding ⁵	57.18M
Implied Shares Outstanding ⁶	N/A
Float ⁸	21.28M
% Held by Insiders ¹	62.70%
% Held by Institutions ¹	7.67%
Shares Short (May 14, 2023) ⁴	194.43k
Short Ratio (May 14, 2023) ⁴	12.25
Short % of Float (May 14, 2023) ⁴	N/A
Short % of Shares Outstanding (May 14, 2023) ⁴	0.34%
Shares Short (prior month Apr 13, 2023) ⁴	12.37k

Dividends & Splits

Forward Annual Dividend Rate ⁴	N/A
Forward Annual Dividend Yield ⁴	N/A
Trailing Annual Dividend Rate ³	0.00
Trailing Annual Dividend Yield ³	0.00%
5 Year Average Dividend Yield ⁴	N/A
Payout Ratio ⁴	0.00%
Dividend Date ³	Jun 16, 2019
Ex-Dividend Date ⁴	N/A
Last Split Factor ²	N/A
Last Split Date ³	N/A

Financial Highlights

Fiscal Year

Fiscal Year Ends	Dec 30, 2022
Most Recent Quarter (mrq)	Mar 30, 2023

Profitability

Profit Margin	-3.47%
Operating Margin (ttm)	-0.72%

Management Effectiveness

Return on Assets (ttm)	-0.92%
Return on Equity (ttm)	-16.03%

Income Statement

Revenue (ttm)	236.76M
Revenue Per Share (ttm)	4.14
Quarterly Revenue Growth (yoy)	20.80%
Gross Profit (ttm)	N/A
EBITDA	2.85M
Net Income Avi to Common (ttm)	-8.22M
Diluted EPS (ttm)	-0.1400
Quarterly Earnings Growth (yoy)	N/A

Balance Sheet

Total Cash (mrq)	3.96M
Total Cash Per Share (mrq)	0.07
Total Debt (mrq)	61.06M
Total Debt/Equity (mrq)	129.15
Current Ratio (mrq)	0.96
Book Value Per Share (mrq)	0.83

Cash Flow Statement

Operating Cash Flow (ttm)	4.48M
Levered Free Cash Flow (ttm)	-825.62k

mrq = Most Recent Quarter
ttm = Trailing Twelve Months
yoy = Year Over Year
lfy = Last Fiscal Year
fye = Fiscal Year Ending
fy = Forward Year
Shares outstanding is taken from the most recently filed quarterly or annual report and Market Cap is calculated using shares outstanding.

Fundamentals are updated every day.

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Cannabis Market and Business News

Real-time cannabis business news from hundreds of sources. Never miss the news that matters the most.

Company	News	Date
NOVC.TO Nova Cannabis	2 weeks ago - greenmarketreport Nova Cannabis' Private Label Strategy Fuels Positive Q1 Growth, Reduces Net Loss greenmarketreport	2023-05-11 11:04 2 weeks ago
NOVC.TO Nova Cannabis	2 weeks ago - newcannabisventures Nova Cannabis Q1 Revenue Falls 2% Sequentially Financials newcannabisventures	2023-05-11 07:21 2 weeks ago
NOVC.TO Nova Cannabis	3 weeks ago - news Nova Cannabis Shareholders Vote in Favour of Strategic Partnership with SNDL - PR Politics news	2023-05-09 16:44 3 weeks ago
NOVC.TO Nova Cannabis	1 month ago - mjbizdaily Cannabis, alcohol firm SNDL loses CA$372.4 million in 2022 mjbizdaily	2023-04-24 12:36 1 month ago
NOVC.TO Nova Cannabis	1 month ago - finance SNDL Massive Earnings or am I wrong? Financials finance	2023-04-24 07:55 1 month ago
NOVC.TO Nova Cannabis	1 month ago - newcannabisventures SNDL Q4 Cannabis Revenue Increases 3% Sequentially to $80.7 Million Financials newcannabisventures	2023-04-24 07:19 1 month ago
NOVC.TO Nova Cannabis	1 month ago - news SNDL : NOVA CANNABIS INC. IMPLEMENTATION AGREEMENT - Form 6-K - Marketscreener.com news	2023-04-10 17:42 1 month ago
NOVC.TO Nova Cannabis	1 month ago - mjbizdaily Canadian cannabis companies SNDL, Nova to amend complex retail deal mjbizdaily	2023-04-04 13:12 1 month ago
NOVC.TO Nova Cannabis	2 months ago - news Nova Cannabis (NVACF) Stock Is Sailing Against The Wind news	2023-03-31 14:21 2 months ago
NOVC.TO Nova Cannabis	2 months ago - benzinga Nova Cannabis FY22 Revenue Grows 68.5% To $166.6M, What About Adjusted EBITDA? Financials benzinga	2023-03-29 10:13 2 months ago
NOVC.TO Nova Cannabis	2 months ago - greenmarketreport Nova Cannabis Sees Record Revenue in 2022, Driven by Flexible Pricing and SNDL Partnership greenmarketreport	2023-03-29 10:09 2 months ago
NOVC.TO Nova Cannabis	2 months ago - news Nova Cannabis Q4 Revenue Increases 4% Sequentially – New ... Financials news	2023-03-29 07:18 2 months ago
NOVC.TO Nova Cannabis	5 months ago - news Nova Cannabis stock surges on SNDL partnership plus more daily ... - Proactive Investors USA news	2022-12-22 01:34 5 months ago
NOVC.TO Nova Cannabis	5 months ago - greenmarketreport SNDL Bets on Nova for the Long Run, Revises Accord greenmarketreport	2022-12-21 13:09 5 months ago
NOVC.TO Nova Cannabis	5 months ago - newcannabisventures SNDL Seeks to Reduce Ownership of NOVA Cannabis in Amended Partnership Agreement newcannabisventures	2022-12-21 07:27 5 months ago
NOVC.TO Nova Cannabis	6 months ago - greenmarketreport The Daily Hit: November 8, 2022 greenmarketreport	2022-11-08 19:51 6 months ago
NOVC.TO Nova Cannabis	6 months ago - greenmarketreport Nova Sees Record Profits As It Trims Losses With Value Brand greenmarketreport	2022-11-08 09:33 6 months ago
NOVC.TO Nova Cannabis	7 months ago - cantechletter Nova Cannabis is our pick in cannabis retail, says ATB cantechletter	2022-10-13 10:45 7 months ago
NOVC.TO Nova Cannabis	7 months ago - bnnbloomberg Nova Cannabis CEO says real estate key to drive store growth bnnbloomberg	2022-10-12 07:50 7 months ago
NOVC.TO Nova Cannabis	9 months ago - novacannabis Nova Cannabis - Nova Announces Second Quarter 2022 Results 8/11 Financials novacannabis	2022-08-12 05:30 9 months ago
NOVC.TO Nova Cannabis	9 months ago - newcannabisventures Nova Cannabis Q2 Revenue Increases 13% Sequentially to C$56.3 Million Financials newcannabisventures	2022-08-11 20:33 9 months ago
NOVC.TO Nova Cannabis	9 months ago - mugglehead Flowr Corp adds a new CEO and board members to its leadership team - Mugglehead mugglehead	2022-08-10 18:48 9 months ago
NOVC.TO Nova Cannabis	10 months ago - cantechletter Nova Cannabis is undervalued, ATB Capital says Analyst cantechletter	2022-07-13 12:39 10 months ago
NOVC.TO Nova Cannabis	1 year ago - seekingalpha Sundial Growers Looking Bullish As Revenue Growth From Acquisitions Increases Financials M&A Analyst seekingalpha	2022-05-19 13:09 1 year ago
NOVC.TO Nova Cannabis	1 year ago - benzinga Nova Cannabis Q1 Sales Grow 171% YoY, Says Sundial Can Help It Extend Across Alberta & Ontario - Benzinga - Benzinga benzinga	2022-05-10 10:51 1 year ago
NOVC.TO Nova Cannabis	1 year ago - newcannabisventures Nova Cannabis Q1 Revenue Increases 5% Sequentially to C$49.8 Million Financials newcannabisventures	2022-05-10 06:36 1 year ago
NOVC.TO Nova Cannabis	1 year ago - benzinga Buy The Dip Opportunities For Cannabis? Cannabis Daily Podcast benzinga	2022-03-21 17:51 1 year ago
NOVC.TO Nova Cannabis	1 year ago - greenmarketreport Nova Cannabis Reports Rising Revenue, Extends Sundial Deal Deadline greenmarketreport	2022-03-21 08:36 1 year ago
NOVC.TO Nova Cannabis	1 year ago - fool 3 Warning Signs Sundial Growers Investors Shouldn't Ignore - The Motley Fool fool	2022-03-13 07:36 1 year ago
NOVC.TO Nova Cannabis	1 year ago - simplywall What Type Of Shareholders Own The Most Number of Nova Cannabis Inc. (TSE:NOVC) Shares? - Simply Wall St simplywall	2021-12-23 06:45 1 year ago
NOVC.TO Nova Cannabis	1 year ago - thedankinvestor Village Farms International Announces the Acquisition of 70% Ownership of ROSE LifeScience in a Deal Valued at C$46.7 Million M&A thedankinvestor	2021-11-15 14:09 1 year ago
NOVC.TO Nova Cannabis	1 year ago - thegrowthop Nova reports $38 million in sales in Q3, opens 11 more Value Buds locations thegrowthop	2021-11-11 15:57 1 year ago
NOVC.TO Nova Cannabis	1 year ago - thedankinvestor Nova Cannabis Publishes Its Third Quarter Financial Results 2021, Ended Sep 30 Financials thedankinvestor	2021-11-11 12:49 1 year ago
NOVC.TO Nova Cannabis	1 year ago - benzinga Nova Cannabis Q3 Revenue Improves 30% QoQ, Continues On Track Of 200 Stores In 2023 Financials benzinga	2021-11-11 11:36 1 year ago
NOVC.TO Nova Cannabis	1 year ago - novacannabis Nova Cannabis - Nova Announces Third Quarter 2021 Results Financials novacannabis	2021-11-10 18:20 1 year ago
NOVC.TO Nova Cannabis	1 year ago - newcannabisventures Value Cannabis Retailer Nova Cannabis Q3 Revenue Increases 30% Sequentially to $38.7 Million Financials newcannabisventures	2021-11-10 17:27 1 year ago
NOVC.TO Nova Cannabis	1 year ago - wmleader Alcanna Acquisition a Step in the Right Direction - The Madison Leader Gazette M&A wmleader	2021-10-13 10:33 1 year ago
NOVC.TO Nova Cannabis	1 year ago - fool Why Sundial Growers Stock Is Perking Up Today - Motley Fool fool	2021-10-08 12:44 1 year ago
NOVC.TO Nova Cannabis	1 year ago - newcannabisventures Nova Cannabis Q2 Sales Increase 107% to C$29.9 Million newcannabisventures	2021-08-12 19:33 1 year ago
NOVC.TO Nova Cannabis	2 years ago - iiroc IIROC Trading Resumption - NOVC Halt iiroc	2021-03-23 16:29 2 years ago
NOVC.TO Nova Cannabis	2 years ago - iiroc IIROC Trading Halt -YSS Halt iiroc	2021-03-22 08:08 2 years ago
NOVC.TO Nova Cannabis	2 years ago - newcannabisventures Alcanna Spin-Out Sets Out to Dominate Retail in Canada's Cannabis Value Segment newcannabisventures	2021-01-21 14:12 2 years ago
NOVC.TO Nova Cannabis	2 years ago - iiroc IIROC Trading Resumption - YSS Halt iiroc	2021-01-20 08:40 2 years ago
NOVC.TO Nova Cannabis	2 years ago - benzinga Alcanna Spins-Out Cannabis Business, Combines With YSS To Form Nova Cannabis benzinga	2021-01-19 11:06 2 years ago
NOVC.TO Nova Cannabis	2 years ago - financialpost Alcanna Inc. and YSS Corp. Announce Combination of Cannabis Retail Businesses to Form Nova Cannabis Inc. and Concurrent $25 Million Equity Financing - Financial Post financialpost	2021-01-18 13:16 2 years ago
NOVC.TO Nova Cannabis	2 years ago - thedeepdive Alcanna, YSS Corp To Combine Cannabis Operations In All-Stock Transaction thedeepdive	2021-01-18 09:39 2 years ago
NOVC.TO Nova Cannabis	2 years ago - newcannabisventures Alcanna to Spin Out Cannabis Business and Pursue Value Segment... newcannabisventures	2021-01-18 08:03 2 years ago
NOVC.TO Nova Cannabis	2 years ago - technical420 Canopy Rivers Provides Update on TerrAscend, YSS, and Dynaleo - Technical420 - Technical420 technical420	2020-12-04 07:33 2 years ago
NOVC.TO Nova Cannabis	2 years ago - benzinga Cannabis Movers & Shakers: Target Capital, Folium, New Wave, Curaleaf, Cresco, Vibe, 22nd Century Group benzinga	2020-09-18 09:21 2 years ago
NOVC.TO Nova Cannabis	2 years ago - stockhouse YSS sees Q2 revenue increase 12% to $4.7M; expects grow further over quarter - Stockhouse Financials stockhouse	2020-08-27 01:54 2 years ago
NOVC.TO Nova Cannabis	3 years ago - investorideas Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 404 - (OTC: SKDI), (CSE: FLYY), (CSE: HOLL), (NASDAQ: NEPT) (TSX: NEPT), (TSXV: YSS) - InvestorIdeas.com investorideas	2020-04-23 13:21 3 years ago
NOVC.TO Nova Cannabis	3 years ago - www2 Update on request for proposals process for a single private operator model for the sale of recreational cannabis in New Brunswick www2	2020-02-14 15:30 3 years ago
NOVC.TO Nova Cannabis	3 years ago - thegreenfund Canopy Rivers Provides Portfolio Update thegreenfund	2019-11-22 07:21 3 years ago
NOVC.TO Nova Cannabis	3 years ago - finance Yss corp. opens the market finance	2019-11-19 22:44 3 years ago
NOVC.TO Nova Cannabis	3 years ago - finance YSS Corp. Announces Receipt of a Cannabis Retail License in High River, Alberta and Operational Update finance	2019-11-18 10:17 3 years ago
NOVC.TO Nova Cannabis	3 years ago - finance YSS Corp. Reminds Shareholders of Share Consolidation finance	2019-11-18 10:17 3 years ago
NOVC.TO Nova Cannabis	3 years ago - finance YSS Corp. Announces Opening of 12th Retail Cannabis Store and Provides Operational Update finance	2019-11-18 10:16 3 years ago
NOVC.TO Nova Cannabis	3 years ago - finance YSS Corp. Announces Receipt of Cannabis Retail License for Additional Calgary Location finance	2019-11-18 10:15 3 years ago
NOVC.TO Nova Cannabis	3 years ago - finance YSS Corp. Announces Entry Into Saskatchewan With Opening of Sweet Tree Swift Current finance	2019-11-17 02:41 3 years ago

Currency in CAD

Earnings Estimate	Current Qtr. (Dec 2022)	Next Qtr. (Mar 2023)	Current Year (2022)	Next Year (2023)
No. of Analysts	1	0	1	1
Avg. Estimate	-0.05	0	-0.09	-0.05
Low Estimate	-0.05	0	-0.09	-0.05
High Estimate	-0.05	0	-0.09	-0.05
Year Ago EPS	-0.06	-0.11	N/A	-0.09

Revenue Estimate	Current Qtr. (Dec 2022)	Next Qtr. (Mar 2023)	Current Year (2022)	Next Year (2023)
No. of Analysts	2	1	2	2
Avg. Estimate	61.28M	59.2M	226.35M	265.32M
Low Estimate	61.2M	59.2M	226.3M	257M
High Estimate	61.35M	59.2M	226.39M	273.64M
Year Ago Sales	47.6M	49.83M	134.4M	226.35M
Sales Growth (year/est)	28.70%	18.80%	68.40%	17.20%

Earnings History	2021-03-30	2021-06-29	2022-06-29	2022-09-29
EPS Est.	-0.01	-0.04	-0.02	-0.06
EPS Actual	-0.06	-0.11	-0.02	-0.03
Difference	-0.05	-0.07	0	0.03
Surprise %	-500.00%	-175.00%	0.00%	50.00%

EPS Trend	Current Qtr. (Dec 2022)	Current Year (2022)	Next Year (2023)
Current Estimate	-0.05	-0.09	-0.05
7 Days Ago	-0.05	-0.09	-0.05
30 Days Ago	-0.05	-0.09	-0.05
60 Days Ago	-0.05	-0.09	-0.05
90 Days Ago	-0.05	-0.22	-0.12

EPS Revisions	Current Qtr. (Dec 2022)	Next Qtr. (Mar 2023)	Current Year (2022)	Next Year (2023)
Up Last 7 Days	N/A	N/A	N/A	N/A
Up Last 30 Days	N/A	N/A	N/A	N/A
Down Last 7 Days	N/A	N/A	N/A	N/A
Down Last 30 Days	N/A	N/A	N/A	N/A

Growth Estimates	NOVC.TO	Industry	Sector(s)	S&P 500
Current Qtr.	16.70%	N/A	N/A	N/A
Next Qtr.	N/A	N/A	N/A	N/A
Current Year	N/A	N/A	N/A	N/A
Next Year	44.40%	N/A	N/A	N/A
Next 5 Years (per annum)	N/A	N/A	N/A	N/A
Past 5 Years (per annum)	N/A	N/A	N/A	N/A

Insiders transactions are updated every hour.

Major Holders

Insider Roster

Insider Transactions

Major Holders

Currency in CAD

Breakdown

62.70%	% of Shares Held by All Insider
7.67%	% of Shares Held by Institutions
20.58%	% of Float Held by Institutions
2	Number of Institutions Holding Shares

Top Institutional Holders

Holder	Shares	Date Reported	% Out	Value
AXS Investments, LLC	1,431,020	Mar 30, 2023	2.50%	944,473

Top Mutual Fund Holders

Holder	Shares	Date Reported	% Out	Value
Investment Managers Ser Tr II-AXS Cannabis ETF	1,432,482	Feb 27, 2023	2.51%	945,438

NOVC.TO Short Data (Canadian side):
https://shortdata.ca/stock/NOVC.TO/
IIROC Consolidated Short Position Report

NVACF Short Interest (US side):
https://fintel.io/s/us/NVACF/
US Short Volume
FINRA OTC Equity Short Interest

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Press Releases by Nova Cannabis Inc.

FinancialsPress Release246 views17 min read

Nova Announces First Quarter 2023 Results

Nova Cannabis

First quarter revenue growth of 20.8%; gross margin improvement to 21.4%; and Adjusted EBITDA growth of 127% to $3.2 million EDMONTON, AB, May 10, 2023 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today released unaudited condensed interim consolidated financial statements (the "interim financial statements") and management'... Read More...

Press Release51 views8 min read

Nova Cannabis Inc. Announces Voting Results From Its Annual And Special Meeting Of Shareholders

Nova Cannabis

EDMONTON, AB, May 5, 2023 - Nova Cannabis Inc. ("Nova" or the "Corporation") (TSX: NOVC) is pleased to announce the voting results of its annual and special meeting (the "Meeting") of holders ("Nova Shareholders") of Nova common shares ("Nova Shares") held on May 5, 2023. At the Meeting, Nova Shareholders approved a resolution (the "Trans... Read More...

FinancialsPress Release46 views2 min read

Nova Cannabis Inc. Announces Timing Of First Quarter Earnings Release

Nova Cannabis

EDMONTON, AB, May 4, 2023 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) announced today its plans to release its first quarter 2023 financial results ended March 31, 2023, after markets close on May 10, 2023. Management will hold a conference call on May 11, 2023, at 8:30 a.m. MDT to discuss first quarter 2023 financial and o... Read More...

Press Release441 views2 min read

Nova Cannabis Introduces Firesale Cannabis

Nova Cannabis

The Company's new concept offers deep discounts and an opportunity to reduce industry waste EDMONTON, AB, April 6, 2023 - Nova Cannabis Inc. ("Nova" or the "Company") (TSX: NOVC) is excited to announce the launch of a new retail pilot concept, Firesale Cannabis, which offers outrageous discounts on cannabis as a way to combat industry was... Read More...

Press Release573 views14 min read

SNDL and Nova Cannabis Announce an Amendment to the Previously Announced Transformational Strategic Partnership

Nova Cannabis

This news release constitutes a "designated news release" for the purposes of the prospectus supplement of Nova Cannabis Inc. dated July 22, 2022, to its short form base shelf prospectus dated June 27, 2022. EDMONTON, AB, April 3, 2023 - Nova Cannabis Inc. (TSX: NOVC) ("Nova" or the "Company") announced today that the Company and SNDL Inc... Read More...

FinancialsPress Release281 views12 min read

Nova Announces Fourth Quarter and Year End 2022 Results

Nova Cannabis

Fourth quarter sales growth of 4.2% and increased gross margin percentage to 20.8% from 18.9% compared to the third quarter of 2022, driven by the execution of Nova's disciplined pricing strategy and private label initiatives EDMONTON, AB, March 29, 2023 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today released its annual... Read More...

FinancialsPress Release52 views2 min read

Nova Cannabis Inc. Announces Timing Of Fourth Quarter And Year End 2022 Earnings Release

Nova Cannabis

EDMONTON, AB, March 22, 2023 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today announced that it plans to release its fourth quarter and year end 2022 financial results after markets close on March 28, 2023. Management will conduct a conference call on March 29, 2023 at 10:30 a.m. EDT (8:30 a.m. MDT) to discuss its fourth q... Read More...

Press Release746 views12 min read

SNDL and Nova Cannabis Announce Transformational Strategic Partnership Creating a Sustainable Canadian Cannabis Retail Platform

Nova Cannabis

CALGARY, AB, Dec. 20, 2022 - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") are pleased to announce that they have entered into an agreement (the "Agreement" to implement a strategic partnership (the "Transaction") creating a well-capitalized cannabis retail platform in Canada under a vertic... Read More...

FinancialsPress Release45 views13 min read

Nova Announces Third Quarter 2022 Results

Nova Cannabis

Third quarter sales growth of 52%, gross margin growth of 71%, and positive operating profit EDMONTON, AB, Nov. 7, 2022 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today released its unaudited interim consolidated financial statements (the "interim financial statements") and management's discussion and analysis ("MD&A"... Read More...

CalendarFinancialsPress Release41 views2 min read

Nova Cannabis Inc. Announces Timing Of Third Quarter 2022 Earnings Release

Nova Cannabis

EDMONTON, AB, Nov. 2, 2022 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today announced that it plans to release its third quarter 2022 financial results after markets close on November 7, 2022. Management will conduct a conference call on November 8, 2022, at 10:30 a.m. ET (8:30 a.m. MT) to discuss its third quarter operat... Read More...

FinancialsPress Release66 views12 min read

Nova Announces Second Quarter 2022 Results

Nova Cannabis

Second quarter sales growth of 90%, gross margin growth of 105%, and positive operating profit EDMONTON, AB, Aug. 11, 2022 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today released its unaudited condensed interim consolidated financial statements (the "interim financial statements") and management's discussion and analysi... Read More...

CalendarFinancialsPress Release44 views2 min read

Nova Cannabis Inc. Announces Timing Of Second Quarter 2022 Earnings Release

Nova Cannabis

EDMONTON, AB, Aug. 3, 2022 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today announced it that plans to release its second quarter 2022 financial results after markets close on August 11, 2022. Management will conduct a conference call on August 12, 2022, at 10:30 a.m. EDT (8:30 a.m. MDT) to discuss its second quarter opera... Read More...

Press Release357 views6 min read

Nova Cannabis Inc. Announces At-The-Market Facility of up to $20 Million

Nova Cannabis

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ EDMONTON, AB, July 22, 2022 - Nova Cannabis Inc. ("Nova" or the "Company") (TSX: NOVC) today announced it has established an at-the-market equity offering program (the "ATM Program") that allows the Company to issue up to $20 million of common shares (... Read More...

Press Release57 views4 min read

Nova Cannabis Inc. Announces Voting Results From Its Annual General Meeting Of Shareholders

Nova Cannabis

EDMONTON, AB, June 24, 2022 - Nova Cannabis Inc. ("Nova" or the "Corporation") (TSX: NOVC) held its annual general meeting of shareholders on June 24, 2022 (the "Meeting"). The complete voting results from the Meeting are as follows: 1. Election of Directors On a vote by ballot, each of the seven (7) nominees listed in the Corporat... Read More...

Press Release208 views6 min read

Nova Cannabis Inc. Announces Filing of Preliminary Short Form Base Shelf Prospectus and Increase of Credit Facility with Sundial Growers Inc. to $15 Million

Nova Cannabis

/Not for distribution to U.S. news wire services or dissemination in the United States/ EDMONTON, AB, June 16, 2022 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today announced it has filed a preliminary short-form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada (the ... Read More...

FinancialsPress Release40 views11 min read

Nova Announces First Quarter 2022 Results

Nova Cannabis

First quarter sales growth of 171%, gross margin growth of 95%, and positive operating profit excluding transaction costs related to the Sundial-Alcanna transaction EDMONTON, AB, May 9, 2022 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today released its unaudited condensed interim consolidated financial statements (the "int... Read More...

FinancialsPress Release89 views1 min read

Nova Cannabis Inc. Announces Timing Of First Quarter 2022 Earnings Release

Nova Cannabis

EDMONTON, AB, May 6, 2022 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today announced it that plans to release its first quarter 2022 financial results after markets close on May 9, 2022. Management will conduct a conference call on May 10, 2022 at 11 a.m. EDT (9 a.m. MDT) to discuss its first quarter operating and financia... Read More...

Press Release303 views14 min read

Nova Cannabis Inc. Announces Changes to its Board of Directors & Management Team, Restructuring of Ontario Retail Operations

Nova Cannabis

EDMONTON, AB, March 31, 2022 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today announced changes to both its Board of Directors (the "Board") and management team along with the restructuring of its Ontario retail operations in connection with the completion of the acquisition (the "Acquisition") of all of the issued and out... Read More...

FinancialsPress Release70 views6 min read

Nova Announces Fourth Quarter and Year End 2021 Results

Nova Cannabis

Fourth quarter sales growth of 176% year-over year and 23% from the third quarter of 2021 with all legacy Nova branded stores now converted to Value Buds EDMONTON, AB, March 21, 2022 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today released its audited annual consolidated financial statements (the "annual financial stateme... Read More...

Press Release1389 views4 min read

Nova Comments on Plan of Arrangement involving Alcanna and Sundial Growers

Nova Cannabis

EDMONTON, AB, Jan. 7, 2022 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today issued comments following Alcanna Inc.'s ("Alcanna") (TSX: CLIQ) Special Meeting of Shareholders on January 7, 2022 (the "Meeting") to pass a Plan of Arrangement (the "Arrangement") whereby Sundial Growers Inc. ("Sundial") (NASDAQ: SNDL) would acqu... Read More...

FinancialsPress Release39 views9 min read

Nova Announces Third Quarter 2021 Results

Nova Cannabis

Revenue growth of 30% from the second quarter of 2021 driven by continued execution of the Value Buds growth strategy EDMONTON, AB, Nov. 10, 2021 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today released its unaudited condensed interim consolidated financial statements (the "interim financial statements") and management's ... Read More...

CalendarFinancialsPress Release48 views1 min read

Nova Cannabis Inc. Announces Timing of Third Quarter 2021 Earnings Release

Nova Cannabis

EDMONTON, AB, Nov. 2, 2021 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today announced it that plans to release its third quarter 2021 financial results after markets close on November 10, 2021. Management will conduct a conference call on November 11, 2021 at 3:00p.m. ET (1:00p.m. MT) to discuss its third quarter operatin... Read More...

M & APress Release33 views2 min read

Nova Comments on Sundial Growers Inc.’s Acquisition of Alcanna Inc.

Nova Cannabis

EDMONTON, AB, Oct. 7, 2021 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) is pleased to provide comment on today's announcement that Sundial Growers Inc. ("Sundial") (NASDAQ: SNDL) entered into an arrangement agreement to acquire all of the issued and outstanding common shares of Alcanna Inc. ("Alcanna") (TSX: CLIQ), Nova's ma... Read More...

FinancialsPress Release59 views10 min read

Nova Announces Second Quarter 2021 Results

Nova Cannabis

Average sales on an annual run-rate basis for stores converted to Value Buds now $3.5 million versus $1.4 million before conversion EDMONTON, AB, Aug. 12, 2021 - Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today released its unaudited condensed interim consolidated financial statements (the "interim financial statements") and... Read More...

Press Release38 views1 min read

Nova Cannabis Announces Graduation to the TSX

Nova Cannabis

EDMONTON, AB, July 14, 2021 - Nova Cannabis Inc. (the "Company" or "Nova") (TSXV: NOVC), is pleased to announce that it has received final approval for listing of the Company's common shares (the "Common Shares") on the Toronto Stock Exchange ("TSX"). "Nova is the only national cannabis retailer purpose-built to deliver everyday value to... Read More...

Press Release29 views6 min read

Nova Cannabis Inc. Announces Voting Results From Annual and Special Meeting of Shareholders

Nova Cannabis

EDMONTON, AB, June 22, 2021 - Nova Cannabis Inc. ("Nova" or the "Company") (TSXV: NOVC) held its annual and special meeting of shareholders on June 22, 2021 (the "Meeting"). The complete voting results from the Meeting are as follows: 1. Election of Directors Each of the six (6) nominees listed in the Management Information Circular... Read More...

Press Release1 views10 min read

Nova Provides Business and Growth Updates

Nova Cannabis

EDMONTON, AB, June 2, 2021 - Nova Cannabis Inc. (the "Company" or "Nova") (TSXV: NOVC), today announced several business developments intended to accelerate the Company's growth, including: Entering into two conditional asset purchase agreements to acquire a total of six retail cannabis locations in Ontario, which will be operated under ... Read More...

Press Release1 views2 min read

Nova Cannabis Added to the NYSE-Listed Cannabis ETF “THCX”

Nova Cannabis

EDMONTON, AB, May 25, 2021 - Nova Cannabis Inc. (the "Company" or "Nova") (TSXV: NOVC), is pleased to announce today that it has been added to the Cannabis ETF (NYSE: THCX) ("THCX"), an exchange traded fund listed on the NYSE Arca. "As a newly listed company, Nova's inclusion in the THCX is a strong validation of our business strategy and... Read More...

FinancialsPress Release1 views9 min read

Nova Announces First Quarter 2021 Results

Nova Cannabis

Value Buds' sales up over 120% since conversion EDMONTON, AB, May 17, 2021 - Nova Cannabis Inc. (the "Company" or "Nova") (TSXV: NOVC) today released its unaudited condensed interim consolidated financial statements (the "interim financial statements") and management's discussion and analysis for the three months ended March 31, 2021. "... Read More...

M & APress Release106 views17 min read

Alcanna Inc. and YSS Corp. announce closing of reverse takeover and creation of “Nova Cannabis Inc.”

Nova Cannabis

EDMONTON and CALGARY, AB, March 22, 2021 - Alcanna Inc. ("Alcanna") (TSX: CLIQ) and YSS Corp. ("YSS") (TSX-V: YSS; WCN: A2PMAX; and OTCQB: YSSCF) are pleased to announce the completion of their business combination (the "Transaction") previously announced on January 18, 2021, which resulted in a reverse take-over of YSS pursuant to the po... Read More...

M & APress Release36 views8 min read

YSS Corp. Announces Receipt of Shareholder Approval of Reverse Takeover

Nova Cannabis

CALGARY, AB, March 17, 2021 - YSS Corp. ("YSS") (TSXV: YSS) (WCN: A2PMAX) (OTCQB: YSSCF) is pleased to announce that it has received the requisite shareholder approval in respect of the previously announced business combination transaction (the "Transaction") pursuant to which Alcanna Inc. ("Alcanna") will spin-out its retail cannabis bu... Read More...

CalendarPress Release38 views8 min read

YSS Corp. Announces Details Regarding Special Meeting of Shareholders to be Held on March 17, 2021

Nova Cannabis

CALGARY, AB, Feb. 24, 2021 - YSS Corp. ("YSS") (TSXV: YSS) (WCN: A2PMAX) (OTCQB: YSSCF) is pleased to announce that a management information circular (the "Circular") and other materials in respect of a special meeting (the "Meeting") of holders ("Shareholders") of YSS common shares ("YSS Shares") have been filed on YSS' profile on SEDAR ... Read More...

Press Release52 views7 min read

Alcanna Inc. and YSS Corp. Announce Upsize of Previously Announced Equity Financing to $40 Million

Nova Cannabis

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/EDMONTON, Alberta and CALGARY, Alberta, Jan. 19, 2021 -- Alcanna Inc. ("Alcanna") (TSX: CLIQ) and YSS Corp. ("YSS") (TSX-V: YSS; WCN: A2PMAX; and OTCQB: YSSCF) are pleased to announce that, as a result of excess demand, the previously announced $25.0 mi... Read More...

Press Release38 views24 min read

Alcanna Inc. and YSS Corp. Announce Combination of Cannabis Retail Businesses to Form Nova Cannabis Inc. and Concurrent $25 Million Equity Financing

Nova Cannabis

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/EDMONTON, Alberta and CALGARY, Alberta, Jan. 18, 2021 -- Alcanna Inc. ("Alcanna") (TSX: CLIQ) and YSS Corp. ("YSS") (TSX-V: YSS; WCN: A2PMAX; and OTCQB: YSSCF) are pleased to announce the execution of a business combination agreement dated January 18, 2... Read More...

Press Release385 views5 min read

YSS Corp. Announces Grand Opening of YSS Country Hills in Calgary

Nova Cannabis

CALGARY, AB, Dec. 17, 2020 - YSS Corp. (the "Company" or "YSS") (TSXV: YSS) (OTCQB: YSSCF) (WKN: A2PMAX), a premier Canadian cannabis retailer with operations under the YSSTM and Sweet TreeTM brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce the grand opening of YSS Country Hills in Calgar... Read More...

M & APress Release76 views4 min read

YSS Corp. Announces Closing of Acquisition of Sweet Tree Swift Current, Commencement of Trading on the OTCQB Venture Market and Board Appointment

Nova Cannabis

CALGARY, AB, Dec. 11, 2020 - YSS Corp. (the "Company" or "YSS") (TSXV: YSS) (WKN: A2PMAX), a premier Canadian cannabis retailer with operations under the YSSTM and Sweet TreeTM brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce the closing of the acquisition of 102014474 Saskatchewan Ltd. (... Read More...

FinancialsPress Release120 views11 min read

YSS Corp. Announces Record Q3 2020 Quarterly Results and Q4 2020 Outlook

Nova Cannabis

CALGARY, AB, Nov. 26, 2020 - YSS Corp. (the "Company" or "YSS") (TSXV: YSS) (WKN: A2PMAX), a premier Canadian cannabis retailer with operations under the YSSTM and Sweet TreeTM brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce record Q3 2020 financial results, an outlook for Q4 2020 and an... Read More...

Press Release21 views8 min read

YSS Corp. Agrees to Indicative Terms for $4.0 Million Credit Facility

Nova Cannabis

CALGARY, AB, Nov. 16, 2020 - YSS Corp.™ (the "Company" or "YSS") (TSXV: YSS) (WKN: A2PMAX), a premier Canadian cannabis retailer with operations under the YSSTM and Sweet TreeTM brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce that it has entered into a letter of intent (the "LOI") with a... Read More...

FinancialsPress Release710 views8 min read

YSS Corp. Announces Preliminary Q3 2020 Highlights

Nova Cannabis

CALGARY, AB, Oct. 21, 2020 - YSS Corp.™ (the "Company" or "YSS") (TSXV: YSS) (WKN: A2PMAX), a premier Canadian cannabis retailer with operations under the YSS™ and Sweet Tree™ brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce preliminary Q3 2020 highlights. Results below are solely attribu... Read More...

Press Release73 views5 min read

YSS Corp. Announces Grand Opening of YSS Hamptons in Edmonton

Nova Cannabis

CALGARY, AB, Oct. 15, 2020 - YSS Corp. (the "Company" or "YSS") (TSXV: YSS) (WKN: A2PMAX), a premier Canadian cannabis retailer with operations under the YSS™ and Sweet Tree™ brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce the grand opening of YSS Hamptons in Edmonton, scheduled for Frid... Read More...

FinancialsPress Release29 views9 min read

YSS Corp. Announces Record Q2 2020 Quarterly Results and Q3 2020 Outlook

Nova Cannabis

CALGARY, AB, Aug. 26, 2020 - YSS Corp. (the "Company" or "YSS") (TSXV: YSS) (WKN: A2PMAX), a premier Canadian cannabis retailer with operations under the YSSTM and Sweet TreeTM brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce Q2 2020 financial results, a Q3 2020 outlook and provide an ope... Read More...

FinancialsPress Release58 views9 min read

YSS Corp. Announces Preliminary Q2 2020 Results and Operational Update

Nova Cannabis

CALGARY, AB, July 23, 2020 - YSS Corp.™ (the "Company" or "YSS") (TSXV: YSS) (WKN: A2PMAX), a premier Canadian cannabis retailer with operations under the YSSTM and Sweet TreeTM brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce preliminary Q2 2020 financial results and provide an operation... Read More...

Press Release41 views4 min read

C-Suite At The Open: Theo Zunich, President and CEO, YSS Corporation tells his Company Story. Filmed on May 21, 2020

Nova Cannabis

TORONTO , May 27, 2020 -https://www.youtube.com/watch?v=hSNvoK0llJk&The C-Suite At the Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C... Read More...

FinancialsPress Release610 views12 min read

YSS Corp. Announces Q1 2020 Results, Driven by Record Quarterly Revenue, and Q2 2020 Outlook

Nova Cannabis

CALGARY , May 27, 2020 - YSS Corp.™ (the "Company" or "YSS") (YSS.V) (WKN:A2PMAX), a premier Canadian cannabis retailer with operations under the YSSTM and Sweet TreeTM brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce Q1 2020 financial results, operational update and Q2 2020 outlook.YSS C... Read More...

Press Release29 views6 min read

YSS Corp. Announces Click-and-Collect Rollout for Online Shopping at all Retail Locations

Nova Cannabis

CALGARY, April 23, 2020 - YSS Corp.™ (the "Company" or "YSS") (TSXV: YSS) (WKN: A2PMAX), a premier Canadian cannabis retailer with operations under the YSSTM and Sweet TreeTM brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce that our YSS and Sweet Tree Cannabis stores in Alberta and Saskat... Read More...

FinancialsPress Release35 views12 min read

YSS Corp. Announces Year End 2019 Results and Q1 2020 Outlook

Nova Cannabis

CALGARY , April 22, 2020 - YSS Corp.™ (the "Company" or "YSS") (YSS.V) (WKN:A2PMAX), a premier Canadian cannabis retailer with operations under the YSSTM and Sweet TreeTM brands and a trusted destination to explore and discover cannabis in Canada, is pleased to announce its fourth quarter and year end 2019 financial results and provide a ... Read More...

Press Release1 views5 min read

YSS Corp. Announces Opening of YSS Grande Prairie

Nova Cannabis

CALGARY, Feb. 10, 2020 - YSS Corp.™ ("YSS" or the "Company") (TSXV: YSS) (WKN: A2PMAX), a premier Canadian cannabis retailer operating under the YSS CannabisTM and Sweet Tree CannabisTM brands, is pleased to announce that the opening of its new Grande Prairie location took place on February 8th, 2020. The store opening marks the Company'... Read More...

Press Release285 views7 min read

YSS Corp. Announces Final Inspection of YSS Grande Prairie and Provides Strategic and Operational Update

Nova Cannabis

CALGARY , Jan. 15, 2020 - YSS Corp.™ ("YSS" or the "Company") (YSS.V) (WKN:A2PMAX), a premier Canadian cannabis retailer operating under the YSS CannabisTM and Sweet Tree CannabisTM brands, is pleased to provide a strategic and operational update and to announce that YSS Grande Prairie has passed the final Alberta Gaming, Liquor and Canna... Read More...

Press Release778 views4 min read

YSS Corp. Announces Grand Opening of Two Calgary Flagship Stores

Nova Cannabis

With the opening of the two Calgary flagship stores, YSS now has 16 operating stores in Calgary (6), Edmonton, Red Deer, Vermilion, Stony Plain, Vegreville, Spruce Grove, Lloydminster, High River, Okotoks and Swift Current, Saskatchewan. YSS is committed to becoming the trusted destination for cannabis in Canada by creating and d... Read More...

Press Release520 views5 min read

YSS Corp. Announces Grand Opening of Sweet Tree Okotoks and Final Inspections of Calgary Flagship Stores

Nova Cannabis

In addition, the Company's two Calgary flagship stores, YSS 4th Avenue SW and Sweet Tree 17th Avenue SW, have both passed the final Alberta Gaming, Liquor and Cannabis Commission ("AGLC") inspection and are expected to open later this month. "With a strong presence spanning from Calgary to High River, Okotoks is a natural progr... Read More...

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Nikkei 225	31,328.16	0.30%Positive

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Nova Cannabis Inc.

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