Delota Corp. engages in the retail of various cannabis products in Canada and the United States. The company offers electronic cigarettes, cannabis supplies, e-juices, and accessories. As of June 10, 2021, it had retail operations in 26 locations across Ontario, as well as online operations. In addition, the company engages in the development of hemp-based products. The company was formerly known as Spyder Cannabis Inc. and changed its name to Delota Corp. in November 2021. Delota Corp. was founded in 2014 and is headquartered in Concord, Canada.
Research context
Spyder Cannabis Inc appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- Specialty Retail
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- Consumer Discretionary
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5 years, 6 months ago
Spyder Cannabis Inc is currently in a long term downtrend where the price is trading 10.2% below its 200 day moving average.
From a valuation standpoint, the stock is 99.4% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 6.4.
Spyder Cannabis Inc's total revenue rose by 193.9% to $498K since the same quarter in the previous year.
Its net income has increased by 31.2% to $-176K since the same quarter in the previous year.
Finally, its free cash flow grew by 22.3% to $-153K since the same quarter in the previous year.
Based on the above factors, Spyder Cannabis Inc gets an overall score of 4/5.