Cannapharmarx, INC
Market Movers (8-K)
OTC.Pink
CannaPharmaRX, Inc. announced its 2026 growth strategy focusing on European expansion and new cannabis strains, alongside a director's resignation and the revocation of a cease trade order.
Better than expected
Capital raise
OTC.Pink
CannaPharmaRX, Inc. announced the revocation of its cease trade order but disclosed significant financial challenges including a going concern doubt and substantial debt.
Worse than expected
Capital raise
Delay expected
OTC.Pink
CannaPharmaRX, Inc. has entered into payment schedules with two major debtholders to manage outstanding debts and avoid further defaults, while retaining capital for operations.
OTC.Pink
CannaPharmaRX announces successful shipments to Israel and Germany, highlighting strong demand and expansion plans.
OTC.Pink
CannaPharmaRX appoints Constantine Nkafu as interim CEO and adds Constantine Nkafu and Elliot Zemel to its Board of Directors.
OTC.Pink
CannaPharmaRX, Inc. has engaged Barzily & Co. as its new independent registered public accounting firm, effective November 29, 2024.
Quarterly Earnings (10-Q)
OTC.Pink
CannaPharmaRx reports increased revenue for Q1 2026, yet faces substantial doubt regarding its ability to continue as a going concern due to persistent liquidity challenges and significant liabilities.
Capital raise
Worse than expected
OTC.Pink
CannaPharmaRx reported a Q3 2025 net loss, severe liquidity constraints, defaults under key agreements, and heavy related-party debt amid efforts to expand EU sales and secure financing.
Worse than expected
Capital raise
OTC.Pink
CannaPharmaRx, Inc. reported a significant working capital deficiency and ongoing defaults on lease and royalty payments, raising substantial doubt about its ability to continue as a going concern.
Delay expected
Worse than expected
Capital raise
OTC.Pink
CannaPharmaRx reports increased revenue driven by European sales, but faces substantial doubt about its ability to continue as a going concern due to significant working capital deficiency and accumulated deficit.
Worse than expected
Capital raise
OTC.Pink
CannaPharmaRX reports its first revenue, but also a net loss and ongoing concerns about its ability to continue as a going concern.
Worse than expected
Capital raise
OTC.Pink
CannaPharmaRX reported a net income of $5.36 million for the quarter ended June 30, 2024, primarily driven by changes in the fair value of derivative liabilities, despite ongoing operational losses and a going concern warning.
Worse than expected
Capital raise
Annual Reports (10-K)
OTC.Pink
CannaPharmaRx, a Canadian cannabis cultivator, reported a widened net loss of $11.1 million for 2025 and faces substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
Delay expected
OTC.Pink
CannaPharmaRx's 10-K filing reveals a net loss of $9.9 million for 2024, despite generating $820,137 in revenue for the first time, as the company navigates strategic shifts and operational challenges.
Worse than expected
Capital raise
OTC.Pink
10-K: CannaPharmaRX Reports Net Income of $3.7 Million in 2023, Despite Ongoing Going Concern Concerns
CannaPharmaRX reported a net income of $3.7 million for 2023, a significant turnaround from the previous year's loss, but continues to face substantial doubt about its ability to continue as a going concern.
Worse than expected
Delay expected
Capital raise