Cannara Biotech Inc., together with its subsidiaries, engages in the indoor cultivation, processing, and sale of cannabis and cannabis-derivative products in Canada. The company operates in two segment Cannabis operations and Real estate operations. It offers its products under TRIBAL, nugz, and ORCHID CBD brand name. The company sells its products through wholesalers and online merchandisers. In addition, it engages in the real estate operations. Cannara Biotech Inc. was incorporated in 2017 โฆ
Last updated
28 Aug 2026
Exchange
Toronto Stock Exchange ยท TOR
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Currency
CAD
Market capitalisation
196,576,475
Fair value reference
1.26
Next-week expectancy
Undecided ยท 48.01%
Executive chart read
Over the latest 12 completed weeks ending 2026-08-28, LOVE rose 17.06%, moving from 1.70 to 1.99. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is active on the latest week and was active in 2 of the last 12 weeks. Relative Strength is 0.10 and has improved across the 12-week window. Market Dynamics is 1.28 on the latest week. Next-week expectancy is undecided at 48.01% based on similar historical setup states.
Week Ending
28 Aug 2026
Latest Close
1.99
12-Week Change
17.06%
Trend Signal
Active
Next-Week Expectancy
Undecided 48.01%
Signal Weeks
2 of 12
Chart Terminal
Completed weekly charts in one place
Choose a focused chart, then add the supporting panels you want below.
Completed weeks only
Weekly Trend
Weekly Close
Trend Line
Fair Value
Activity Lines
Analysis panels
Choose up to 6 panels. Drag panel headers to reorder.
Adaptive Price Envelope
Price, volatility and confirmation
Adaptive Price Envelope APE
See where price sits inside boundaries that adjust to completed-week direction and volatility, then check whether the wider evidence confirms the move.
Current completed-week read ยท 2026-08-28
Price is walking above the adaptive envelope
The completed weekly close is above the upper boundary. Persistence and confirmation now matter more than the first break itself.
Use the envelope for price location and Market Dynamics to see whether support beneath price is strengthening or weakening.
Supportive Market DynamicsCautious Market DynamicsNeutral line
APE and support read
Market Dynamics supports the upper-envelope position
Underlying support is positive while price is on the upper side of APE. Persistence in both readings would strengthen the completed-week trend evidence.
Current reading
+1.28
Four-week change
+0.76
Current path
Strengthening
Confirmation checks
What supports or challenges the current read
A band touch is context, not a conclusion. These independent checks show whether the completed-week move has broader support.
Envelope pathSupportive104% of the envelope
Price location and the direction of the adaptive centre are read together.
Trend LineSupportiveAbove and rising
Checks whether completed-week price and the primary trend are moving in the same direction.
Market DynamicsSupportive+1.28 ยท +0.76 over 4 weeks
Tests whether support beneath price is strengthening or weakening.
Relative strengthSupportive+0.1 ยท +4.7 over 4 weeks
Shows whether the listing is strengthening or weakening against its stored comparison benchmark.
ParticipationMixed1.75ร recent volume
Checks whether the current move is attracting more participation than recent completed weeks.
Completed-week analysis
How to interpret this envelope now
Price position
Above the upper envelope
The latest close sits at 104% of the current lower-to-upper envelope span and has held this state for 7 completed weeks.
Envelope width
Envelope width is typical
Current width ranks at the 47th percentile of the recent completed-week history. Compression can precede expansion but does not determine direction.
Evidence agreement
Broad confirmation
90% of the available trend, support, relative-strength and participation checks agree with or do not contradict the current envelope pressure.
What to watch next
Persistence, repair or rejection
Watch completed closes around the adaptive centre (1.76), upper boundary (1.98) and lower boundary (1.59).
Recent completed events
What changed around the envelope
Compression release
The envelope began expanding after an unusually compressed period.
Upper-envelope break
Price closed above the adaptive upper boundary.
Upper re-entry
Price moved back inside the envelope after an upper break.
Upper-envelope break
Price closed above the adaptive upper boundary.
Upper re-entry
Price moved back inside the envelope after an upper break.
Upper-envelope break
Price closed above the adaptive upper boundary.
Price Action
Completed weekly market tape
Price Action
A deep view of how price is behaving against its own completed history, trend, structural levels and participation.
Current weekly interpretationAdvancing structure with indecisive week
Recent completed price swings are progressing higher on both sides of the range. Price is above its completed-week trend reference and that reference is rising.
Full context ยท Unstable
Current structureAdvancing structure
Recent completed price swings are progressing higher on both sides of the range.
Trend relationshipAbove a rising trend
Price is above its completed-week trend reference and that reference is rising.
Support and resistanceSupport 1.95 ยท Resistance 2.06
Nearest completed structural references around the latest close.
The negative weekly move attracted clearly elevated participation.
Price, structure and participation
Where price advanced, failed, reclaimed or lost important ground
Candles preserve the completed weekly tape. Selected annotations identify meaningful finished events and point directly to the week concerned.
Up weekDown weekTrend referenceCompleted supportCompleted resistanceVolumeTypical volumePublished event
What happened this week?
The latest completed candle
The latest week is separated into price change, candle character, closing position and path quality.
Weekly move+0.00%
Latest close versus the preceding completed close.
Candle characterIndecisive week
The open and close finished close together, showing limited control by either side.
Where the week closedMiddle of the range
The close finished at 43% of the completed weekly range.
Path qualityUnstable
Frequent recent changes in direction reduce confidence in the current price path.
Current evaluation
What the weekly tape says now
The interpretation combines completed price structure, trend relationship, participation and path quality.
What supports it
Recent completed price swings are progressing higher on both sides of the range.
What would improve it
A sustained close above the nearest completed resistance, supported by firmer participation, would improve confirmation.
What could weaken it
A sustained loss of the nearest completed support would materially weaken the current price structure.
What to watch next
Trend relationship is above a rising trend; participation is strong negative participation, and path quality is unstable.
Statistical perspective
Where the latest close sits in its own completed history
These observations describe the available record. They are market context, not predictions of the next move.
Position in completed history100% of range
The latest close's location between the lowest and highest completed closes available for this market.
Distance from completed high+0.0%
How far the latest close sits below the highest completed close in the available history.
Recovery from completed low+2553.3%
How far the latest close has advanced from the lowest completed close in the available history.
Latest move versus typical0.0ร typical
The absolute latest weekly move compared with completed weekly moves available before it.
Completed event history
What changed, and when
Only selected completed events are shown. Each annotation is descriptive, not a standalone instruction.
High-participation reversal
Price changed weekly direction with elevated participation.
Latest week
Upside structure cleared
The weekly close moved above the preceding completed price structure.
6 weeks ago
Support structure lost
The weekly close moved below the preceding completed price structure.
13 weeks ago
Trend reclaimed
The weekly close moved back above the completed trend reference.
29 weeks ago
Trend lost
The weekly close moved below the completed trend reference.
35 weeks ago
Range
Sharemaestro Range
Where price is trading
The fitted range, accepted trading area and strongest price levels are calculated automatically from completed weekly market data.
Current stateInside accepted value
52-week position
83.7%
Low to high
Accepted price
1.83
Latest versus accepted: 8.74%
Fitted direction
Rising
0.17% per week
Range pressure
78/100
Upper pressure
Range condition
Expanding
1.25ร normal range
Range pressureCurrent range pressure ยท 50 is balanced
Weekly closeFitted rangeActivity ribbonEstimated activity at priceAutomatic level
Automatic structure
Strongest price levels
Support1.75
From price
-12.3%
Evidence
95/100
Touches
4
Support1.81
From price
-9.2%
Evidence
100/100
Touches
6
Support1.95
From price
-2.0%
Evidence
57/100
Touches
3
Current pivot1.99
From price
0.1%
Evidence
53/100
Touches
2
Resistance2.07
From price
4.0%
Evidence
48/100
Touches
3
Current reading
What the range shows
Current positionInside accepted value
Price is at 83.7% of its latest 52-week range.
Fitted directionRising
The fitted centre line is moving +0.16% per week.
Range pressureUpper pressure
The current pressure reading is 78/100; 50 is balanced.
Next structural level2.07
Resistance is 4.0% from the latest close with 48/100 evidence strength.
Point & Figure
Price structure ยท volume at price
Point & Figure market structure
Each X marks a rising price box and each O marks a falling price box. Time is removed from the horizontal scale so reversals, breakouts and areas of heavy trading stand out.
MethodAdaptive scale
Smart Money
Completed-week positioning evidence
Smart Money
See whether the support beneath price is strengthening, weakening, confirming the trend or warning of increased risk.
Current Smart Money readUnderlying support is constructive and strengthening
The visible Smart Money evidence is aligned and its completed-week momentum path is improving.
Momentum 0.55 ยท Improving
Trend qualityStrong alignment
The current trend state has persisted for 2 completed weeks; visible confirmation is strong alignment.
Momentum pathBalanced ยท Improving
The latest completed-week level and direction.
Latest positive signalNo recent positive signal
The chart is carrying context rather than a fresh positive event marker.
Risk and warningsWatch
The latest reversal warning was 5 completed weeks ago; it is no longer immediate but remains relevant context.
Price, support and published events
Where confirmation strengthened or risk increased
Selected annotations highlight meaningful completed-week events; every existing chart series and marker remains visible.
Close Price
Trend Line
Demand Threshold Line
Reversal Risk Level
Current evaluation
What the Smart Money chart means now
The reading combines the finished chart state, its direction and the timing of published signals.
What supports it
The current trend relationship and completed-week context are broadly aligned.
What would improve it
Continued alignment without a new warning would reinforce the current constructive position.
What could weaken it
The latest reversal warning was 5 completed weeks ago; it is no longer immediate but remains relevant context.
Published signal history
What changed, and when
Event markers are observations, not standalone instructions to buy or sell.
Reversal danger
The chart registered its strongest reversal warning.
5 weeks ago
Reversal danger
The chart registered its strongest reversal warning.
7 weeks ago
Reversal risk
The chart registered elevated reversal risk.
8 weeks ago
Reversal danger
The chart registered its strongest reversal warning.
19 weeks ago
Reversal risk
The chart registered elevated reversal risk.
20 weeks ago
Market Dynamics
Price and underlying support
Market Dynamics
See whether the support beneath price is strengthening, weakening, confirming the move or beginning to diverge from it.
Zero lineMarket Dynamics Rate of ChangePrice ActionVolume ActionFlip UpFlip Down
Price and support relationship ยท 12 completed weeks
Price and Market Dynamics are confirming each other
Price changed +7.0% and Market Dynamics changed +0.76 over the latest 4 completed weeks. The price move currently has improving support beneath it.
Latest 4 weeks in focus
Price change from 2026-06-12Market DynamicsLatest 4 completed weeks
Zone-to-zone journey model
At distribution for 9 completed weeks
The distribution reading is confirmed. A downward exit starts the reverse journey toward accumulation.
Current journey
No active journey
Activated
Not active
Model data
Through 2026-08-21
What Market Dynamics shows
Yes. Market Dynamics follows the completed-week transition between the two sides of a market cycle. Accumulation is the lower zone where selling pressure may be absorbed and support may be forming; distribution is the upper zone where earlier demand may be tiring and supply can begin to take control. The model measures both accumulation to distribution and the reverse journey, and waits for a deeper close or repeated closes before treating a new zone as confirmed. LOVE is currently in the distribution area, but a new transition does not begin until price leaves a confirmed zone. For an investor, the value is in separating an apparent price move from a completed change in market character: target confirmation can strengthen the case that a new phase is taking hold, while a confirmed source return warns that the attempted change did not persist and the risk/reward should be reassessed. The completed journeys below show how 1 transitions in this ticker's stored history reached and confirmed the opposite zone.
Accumulation 0.7873Distribution 1.80
A dark-zone close or two consecutive light-zone closes confirms residence. A completed close moving out of confirmed accumulation starts a journey toward distribution; an exit from confirmed distribution starts the reverse journey. Time in each zone is retained before the next transition begins.
What actually happened before?
Successful zone transitions
Target-confirmed opposite-zone transitions from the latest 156 charted weeks.
Most recent successful journeyAccumulation to Distribution ยท Confirmed distribution
2025-01-10โ2025-08-08 ยท 31 completed weeks ยท price move +120.9%. Across this chart, 1 journey confirmed an opposite zone: 1 reached distribution and 0 reached accumulation.
0% ยท confirmed source exit100% ยท confirmed opposite zone
Accumulation to DistributionConfirmed distribution
2025-01-10โ2025-08-08 ยท journey 31w ยท source dwell 5w
Source exit50%Target confirmed
Furthest point
100%
Price move
+120.9%
Time to confirm
31w
Reached and confirmed distribution after 31 completed weeks. Price moved +120.9% from the confirmed source-zone exit.
Price Cycle
Completed-week market perception
Price Cycle
A deep view of whether price pressure is strong, weak, strengthening, fading or moving through a higher-risk transition.
Current Price Cycle readPositive pressure is established and strengthening
Price is holding a constructive market-perception position. Positive pressure is becoming more forceful across the recent completed path.
+58.56% ยท Positive ยท Strengthening
Market positionPositive
Price is holding a constructive market-perception position.
Pressure directionStrengthening
Positive pressure is becoming more forceful across the recent completed path.
Trend qualityUnstable
The recent path has changed direction frequently, reducing confidence in persistence.
Risks and warningsTransition risk
Frequent recent changes around balance make the current direction less dependable.
Pressure, price and published transitions
Where market perception strengthened, faded or changed state
The percentage reading is primary. Weekly close is retained only as market context; selected annotations identify meaningful completed transitions.
Market PerceptionPositive pressureNegative pressureWeekly CloseBalanceCrossed upCrossed downPublished transition or Price Action signal
Current evaluation
What the Price Cycle says now
The evaluation combines the finished pressure state, its direction, persistence and historical context.
What supports it
Price remains in positive market-perception territory.
What would improve it
Continued positive pressure with an orderly completed path would strengthen confirmation.
What could weaken it
Frequent recent changes around balance make the current direction less dependable.
What to watch next
The latest path is strengthening with unstable trend quality. Comparable history is mixed follow-through.
Statistical perspective
How unusual, persistent and historically consequential is this position?
Historical observations describe completed evidence. They do not predict the next price move.
Historical positionUpper 38% of history
The latest reading is stronger than 62% of completed observations.
State persistence185 completed weeks
The current positive state has persisted without interruption.
Comparable historyMixed follow-through
Across 77 comparable completed observations, later closes were higher 42% of the time; the typical move was -1.3%. This is context, not a forecast.
Published transition history
What changed, and when
Transitions are completed observations, not standalone instructions to buy or sell.
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
17 weeks ago
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
19 weeks ago
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
23 weeks ago
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
30 weeks ago
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
33 weeks ago
Positive pressure began cooling
Strength remained positive, but the completed path became less forceful.
35 weeks ago
VWAP Control
Completed-week volume-weighted structure
VWAP Control
Shows price against its completed-week volume-weighted references, changes in control and the levels that would confirm or weaken the current reading.
Current controlBuyers firmly in control
Price is above the core VWAP, which is rising. 83% of recent weighted activity has been accepted above it.
82/100 pressure
ControlBuyers firmly in control
Pressure 82/100 and +15.9 points over four weeks.
VWAP stack7 of 7 below price
6 references converge near 1.84: 13-week VWAP, Latest earnings VWAP, Year VWAP, 26-week VWAP, High-activity anchor, 52-week VWAP.
Acceptance83% above
Share of recent completed weighted activity accepted on the prevailing side of the core VWAP.
Control backgroundBuyer controlContestedSeller control
Seller control50 ยท contestedBuyer control
Current VWAP signals
Control, agreement and concentration
Buyers firmly in control
Buyers firmly in control
The current position, VWAP direction and completed acceptance evidence broadly agree.
Price and VWAP pressure broadly agree
No material six-week disagreement is present between price direction and VWAP control.
VWAP cluster present
6 references converge near 1.84: 13-week VWAP, Latest earnings VWAP, Year VWAP, 26-week VWAP, High-activity anchor, 52-week VWAP.
Confirmation and failure levels
Levels that change the current reading
ConfirmationPressure above 60
Pressure holding above 60 while the VWAP stack rises would strengthen the existing buyer-control evidence.
Decision area1.98
Swing high at 1.98, 0.4% below the latest close.
Weakening level1.98
A completed close below Swing high with acceptance moving under 50% would weaken the present structure.
Current VWAP stack
Volume-weighted price levels
Swing high1.98
-0.43% from close
13-week VWAP1.89
-5.11% from close
Latest earnings VWAP1.89
-5.11% from close
Year VWAP1.84
-7.70% from close
26-week VWAP1.84
-7.75% from close
High-activity anchor1.82
-8.62% from close
52-week VWAP1.79
-9.85% from close
Estimated activity position
Activity above and below price
Below price 99%Above price 1%
6%near price
Most recent weighted activity is below price, leaving a larger estimated cushion beneath the market.
Estimated from completed weekly typical prices and reported activity; it is not holder-level cost-basis data.
Benchmark, sector and industry
VWAP control comparison
Sector and industry comparisons require at least ten constituents with aligned completed history.
Benchmark ยท ^GSPTSEBroadly aligned with reference
Broadly aligned with reference; control-score gap +1.8 points.
Buyers firmly in control ยท 80/100
Sector ยท HealthcareBroadly aligned with reference
Broadly aligned with reference; control-score gap +6.6 points.
Buyer control developing ยท 76/100
Industry ยท Drug Manufacturers - Specialty & GenericBroadly aligned with reference
Broadly aligned with reference; control-score gap +6.3 points.
Buyer control developing ยท 76/100
Historical VWAP outcomes
Reclaims, losses and similar states
Descriptive outcomes from this ticker's visible historyโnot a forecast.
Weekly reclaim63% favourable
Events
8
Median 4w
+1.10%
Median 13w
+2.48%
Typical best
+7.27%
Typical worst
-6.02%
Completed occasions when price moved back above the core VWAP.
Weekly loss22% favourable
Events
9
Median 4w
-0.59%
Median 13w
+7.14%
Typical best
+10.29%
Typical worst
-7.30%
Completed occasions when price moved below the core VWAP.
Comparable control states52 matched weeks
Positive after 4w
48%
Median 4w
+0.00%
Positive after 13w
46%
Median 13w
-0.28%
Best / worst 13w
+66.7% / -28.1%
Outcomes after completed weeks with a similar control score and the same side of the core VWAP.
VWAP control history
Completed changes
VWAP structure turned higher
The fast VWAP crossed above the core VWAP.
Core VWAP test held
Price traded through the core VWAP but recovered above it by the completed close.
Buyer pressure established
The completed control reading moved into positive territory.
Core VWAP test held
Price traded through the core VWAP but recovered above it by the completed close.
Core VWAP reclaimed
Price completed the week back above the core VWAP.
VWAP structure turned lower
The fast VWAP crossed below the core VWAP.
Seller pressure established
The completed control reading moved into negative territory.
Core VWAP lost
Price completed the week below the core VWAP.
Next-State Map
Next-State Map
Historical one-week transition paths from similar completed-week states.
SMI
Proprietary completed-week evidence
SMI
See whether the underlying conditions beneath price are strengthening, weakening or holding firm.
Current SMI readUnderlying support is rebuilding from a mixed position
Price and SMI are not presenting a decisive combined message. The latest reading is based on completed weekly evidence.
0.58 ยท Mixed
Current stateMixed ยท 0.58
Latest completed-week SMI reading
DirectionImproving
How the completed SMI path is changing
PersistenceNew
3 completed weeks in the current state
Price relationshipMixed relationship
Price and SMI are not presenting a decisive combined message.
Price and SMI transitions
Where underlying support changed
Annotations identify selected completed SMI state changes.
Weekly CloseTrend LineFair ValueActivity Lines
SMI pathDirection, persistence and turning points
SMI 0.58 ยท Mixed
ImprovingHolding steadyWeakening
SMI in context
Comparable SMI states have produced mixed historical outcomes
Across 15 comparable completed observations, 46.7% closed higher after 13 weeks. The median move was +0.0%.
Comparable observations
15
Completed historical readings
Positive outcomes
46.7%
After 13 completed weeks
Median move
+0.0%
Over the following 13 weeks
Versus normal baseline
+0.1 pts
Difference in positive outcome rate
Chart Summary
Key Points
Week Ending
28 Aug 2026
Latest Close
1.99
12-Week Change
17.06%
Trend Signal
Active
Next-Week Expectancy
Undecided 48.01%
Signal Weeks
2 of 12
Vs Trend Line
Above
Vs Fair Value
Above
Relative Strength
0.10
Market Dynamics
1.28
Over the latest 12 completed weeks ending 2026-08-28, LOVE rose 17.06%, moving from 1.70 to 1.99. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is active on the latest week and was active in 2 of the last 12 weeks. Relative Strength is 0.10 and has improved across the 12-week window. Market Dynamics is 1.28 on the latest week. Next-week expectancy is undecided at 48.01% based on similar historical setup states.
Industry Peers
Canada equities in Drug Manufacturers - Specialty & Generic
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