Diligence memo · auto-generated · as of July 2, 2026
MediCanna Vision Inc.
MediCanna Vision Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
MediCanna Vision Inc. operates in Other Health Care, based in ST PETERSBURG.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
MediCanna Vision Inc. has raised $1.9M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.5M on 2017-07-01.
Most recent recorded round closed around 2017-12-15.
Valuation (modeled)modeled
Provath models MediCanna Vision Inc. at approximately $4.1M (range $140K–$32M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.09× the median modeled value of Seed Other Health Care companies in 2016–2018 (222 peers) — value vs value, same stage and era. Issuer reports $0–$1M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 1 months.
Last raise 8.5 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 46% of Other Health Care peers (5377 compared).
Modeled value ranks above 18% of those peers.
Closest niche peers: Eye Academy of America Ltd., Ruddco Inc., Guest House Holdings, LLC, Cb Therapeutics Inc., Shift Sciences, LLC.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.