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Cannapharmarx Inc (PK)

Cannapharmarx Inc (PK) (CPMD)

0.01
0.0012
(13.64%)
Closed September 23 4:00PM

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Key stats and details

Current Price
0.01
Bid
0.0055
Ask
0.0115
Volume
211,300
0.006 Day's Range 0.01
0.000001 52 Week Range 0.0279
Market Cap
Previous Close
0.0088
Open
0.01
Last Trade
1000
@
0.01
Last Trade Time
Financial Volume
$ 1,398
VWAP
0.006617
Average Volume (3m)
167,051
Shares Outstanding
662,501,405
Dividend Yield
-
PE Ratio
1.79
Earnings Per Share (EPS)
0.01
Revenue
-
Net Profit
3.69M

About Cannapharmarx Inc (PK)

CannaPharmaRx, Inc. is an early-stage pharmaceutical company whose purpose is to advance cannabinoid research and discovery using proprietary formulation and drug delivery technology currently in development. Cannabinoids are a class of chemicals that, once ingested, are active in humans and animals... CannaPharmaRx, Inc. is an early-stage pharmaceutical company whose purpose is to advance cannabinoid research and discovery using proprietary formulation and drug delivery technology currently in development. Cannabinoids are a class of chemicals that, once ingested, are active in humans and animals through the "endocannabinoid system" -- one of the most widely expressed system of receptors in the human body. CannaPharmaRx is currently focused on targeting disease states where its delivery systems can have optimal impact with therapeutic differentiation among alternative cannabinoid therapies, including: neurological disorders, oncology, infectious disease, pain management, inflammatory disease, gastrointestinal disorders and ophthalmology. Show more

Sector
Pharmaceutical Preparations
Industry
Pharmaceutical Preparations
Headquarters
Wilmington, Delaware, USA
Founded
-
Cannapharmarx Inc (PK) is listed in the Pharmaceutical Preparations sector of the OTCMarkets with ticker CPMD. The last closing price for Cannapharmarx (PK) was $0.01. Over the last year, Cannapharmarx (PK) shares have traded in a share price range of $ 0.000001 to $ 0.0279.

Cannapharmarx (PK) currently has 662,501,405 shares outstanding. The market capitalization of Cannapharmarx (PK) is $5.83 million. Cannapharmarx (PK) has a price to earnings ratio (PE ratio) of 1.79.

CPMD Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.002250.0080.0110.0051204540.00879333CS
40.00066.38297872340.00940.0110.0051517830.00888026CS
12-0.004-28.57142857140.0140.0140.00351670510.01000181CS
26-0.00555-35.6913183280.015550.02790.00014056900.01396794CS
520.0099999999001.0E-60.02791.0E-619425360.00498568CS
156-0.0148-59.67741935480.02480.0471.0E-614613080.01107038CS
260-2.54-99.60784313732.552.61.0E-69818780.02777803CS

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CPMD Discussion

View Posts
COACH14 COACH14 7 days ago
Are we moving yet
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trackkwizzard trackkwizzard 3 months ago
Nice Should move real easy.
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trackkwizzard trackkwizzard 3 months ago
Nice.
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Penny2Dime Penny2Dime 3 months ago
Pink current!
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texman texman 3 months ago
Management certainly not doing us any favors here, by letting it continually go to the Expert Market...
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BurgerKing82 BurgerKing82 4 months ago
More room to go?
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Helirealtor Helirealtor 4 months ago
$cpmd investor conference call dial in info

5308811212
615253385

1pm tomorrow
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Helirealtor Helirealtor 5 months ago
$cpmd back on expert markets due to a filing delay. Should be resolved by mid next week.
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Helirealtor Helirealtor 6 months ago
Cannabis stocks are heating up again.. $TLRY had a +7.36% day, $SNDL +10.66%, $ACB +4.75%, and $CGC +32.09% (at close).

Another great cannabis company people should keep their eye on is $CPMD. Below is a summary of everything they discussed on an investor update call on 3/19/24, link to recording: cannapharmarx.com/news-releases/…

- Dean Medwid appointed CEO on June 1, 2023.
-55,000 sq ft facility in Alberta, Canada licensed by Health Canada and CRA in January, 2023.
-10 grow rooms, each 2,200 sq ft.
-Each room harvested every 2-3 weeks, or 6,000KG per annum.
-All inventory grown is expected to be pre-sold
-Facility has the ability to generate $18M per year, they are forecasting $10M this year (delays in exporting to customer in Israel and unforeseen site maintenance issues).
-Signed contracts with customers: Cantek (Israel), Cantourage (Germany, recent news about approving cannabis has been positively impacting the market), ICAN (LATAM, focus on Panama), and pursuing clients in Australia and UK in the near term.
-Added two members to the Board of Directors; Anthony Panek and Adam Mindle.
-Added new CFO Oliver Foeste
-Goal to achieve $60M annual revenue by 2028 (Their current site capacity is $18M per year. Naturally, this means more facilities or acquisition.
-Industry forecasted to grow 30% CAGR by 2030. 44B -> 445B.
-CannaPharmaRX competitive advantage is the ability to grow product at a lower cost per gram while maintaining high quality.
-Primary focus is on the 3 P's.. people, product, and processes.
-Secondary focus is ESG. Currently have solar at their facility, also implementing thermal heading and LED lights to reduce costs and increase product yield.
-15c2-11 filing expected in coming weeks
-10K audited financials expected in coming weeks (they recently announced their first PO: cannapharmarx.com/news-releases/…) So treat 2023 financials with a grain of salt, likely only going to show obligations.
-Secured alternate financing to 'all but remove' highly dilutional debt they've experienced in the past.
-Once above 3 bullets are complete, expectation is to trade at a fair value relative to peers in the industry.
-Expecting to run a profitable business this year

Pros:
-Small entry, current price is 0.018.
-Company just starting to gain momentum with their first few customers
-New CEO, CFO, and board members with industry experience and backgrounds that will be useful in the companies progression.
-Market cap is currently $5.9M and they are projecting $10M revenue this year. $60M annually by 2028 is the goal. Simple math suggests the stock should trade at least 2x its current price later this year.
-Germany legalizing cannabis has had a positive impact on all cannabis companies recently.
-Safer Banking Act giving cannabis companies more access to financing.
-Industry expected go grow 10x by 2030.

Cons:
-This company has been around for a few years now, what took them so long to get up and running?
-Downward pressure, stock once traded at $2-$3 range in 2020 (Other cannabis companies traded at $100-$1000 around the same time).
-Unforeseen political landscape
-Falling short of above forecasts would diminish retail sentiment, because of how long they've been idle in the game.
-Crowded industry
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cheusmann cheusmann 6 months ago
investor call tomorrow. Will be interesting to tune in. Some huge sells here recently. Dilution in effect?
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PennyGrubber PennyGrubber 6 months ago
More News

https://www.otcmarkets.com/stock/CPMD/news/story?e&id=2795635
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texman texman 6 months ago
News out!!

https://www.otcmarkets.com/stock/CPMD/news/story?e&id=2792893
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cheusmann cheusmann 6 months ago
Looooota selling today. Still keeping my eye on this one for potential entry.
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esi23 esi23 7 months ago
Absolutely. I picked up some a few weeks ago sold a little see how this plays out. Seems they finally have it together. Mexico and Israel exports see how it unfolds
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Coniba Coniba 7 months ago
It’s definitely getting accumulated. Usually the quiet ones are the best.
I sold 3/4 my position from .002 on the way up (including today). I’ll hold the rest and see where it ends up
👍️ 1
esi23 esi23 7 months ago
Agreed me too. Big things coming I here tip of the iceberg
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texman texman 7 months ago
I've been holding this one for over a year. Averaged down over time and finally back in the green.
Eventually they need to record revenue and then it may take off.

GLTA!
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esi23 esi23 7 months ago
When will anyone discover this little gem up 1000 percent and holding strong in 4 weeks
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esi23 esi23 7 months ago
Like it. Very quite board
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Coniba Coniba 7 months ago
Yummy CPMD
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esi23 esi23 7 months ago
Wrong. 20 mill expected to be 50 m this year Just goes up because no revenue dumb ass
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powerbattles powerbattles 7 months ago
Where's the beef? Zero revenue since the new CEO took over. What have they doing in the past 13 years and beyond...? ZERO revenue like forever. Since 2011 to date, they have not made a dime in revenue. Not one penny record since 2011. I rarely post negative but in this case, this is pathetic and unreal.
Revenue
During the three months ended September 30, 2012 and 2011, we did not recognize any revenues and do not anticipate having revenue generating activities in the near future.
https://www.otcmarkets.com/filing/html?id=8868168&guid=8Ld-kFmjSlKfJth
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esi23 esi23 7 months ago
Didn’t see the PR. Can you post I can’t
Locate.
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Helirealtor Helirealtor 7 months ago
Nice PR today for $cpmd. 20M Rev’s on their 10 grow rooms in nice. This could fly!
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esi23 esi23 7 months ago
I bought a few this am. Citadel was the main MM and kept canceling my buy order. Ameritrade said they haven’t seen that before. We all know how shady citadel is
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COACH14 COACH14 7 months ago
Right
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esi23 esi23 7 months ago
Looks like dilution has ended. Time to move back to 01
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COACH14 COACH14 7 months ago
I have several of these, and it would be great to see some improvement
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esi23 esi23 7 months ago
Looks like maybe. Supposed big things coming. We will see
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COACH14 COACH14 7 months ago
Is there hope?
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texman texman 9 months ago
And the dumping continues with OTCN and GTSM...
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esi23 esi23 10 months ago
Reverse on the way need to clean out their supply
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texman texman 10 months ago
Two days of massive dumps. Maybe they're trying to raise money...
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Coniba Coniba 10 months ago
In CPMD .00225 average on the cross trades. Will add lower.
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texman texman 10 months ago
OTCN and ALPS taking turns selling shares...
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COACH14 COACH14 11 months ago
They need to get news flowing about production. Filings are good, but let’s get the market interested
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WolfKlaw WolfKlaw 11 months ago
looks good I just do not understand how it is trading with the 15c not filed
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WolfKlaw WolfKlaw 11 months ago
I don't see the filing of the 15C so how is it trading again?
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WolfKlaw WolfKlaw 11 months ago
WOW
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COACH14 COACH14 11 months ago
It’s about time
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Helirealtor Helirealtor 11 months ago
Trading has resumed. Hopefully there is more positive news coming out!
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texman texman 11 months ago
Filings out...hopefully this brings us back to current.
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COACH14 COACH14 11 months ago
When will paperwork be done?
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WolfKlaw WolfKlaw 1 year ago
maybe next week right?
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texman texman 1 year ago
Finally! Next week we should be current again.
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texman texman 1 year ago
News. https://www.otcmarkets.com/stock/CPMD/news/story?e&id=2614419
Hopefully they can get this current soon...
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texman texman 1 year ago
So much for hiring a new CEO...
https://www.otcmarkets.com/stock/CPMD/news/story?e&id=2562276
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texman texman 1 year ago
PPS started moving back up just before they moved to the Expert Market.
Does anyone know what's going on with this stock?
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texman texman 1 year ago
Welcome to the Expert Market...
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texman texman 1 year ago
Finally, a little volume here with a nice bid in as well!
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