Skip to main content
Signal8

FORA (FORA)

Forian Inc. logo

Forian Inc.

NASDAQ:FORAHealthcare
Mkt Cap-
Float7.49M
O/S-
Inst Own-
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap--
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership--
SectorHealthcare
IndustryMedical - Healthcare Information Services
ExchangeNASDAQ
CountryUSUS
IPO DateMar 3, 2021
Shares Outstanding-
Float7.49M
Company Overview

Forian Inc. delivers advanced software solutions, proprietary data insights, and sophisticated predictive analytics. These offerings are designed to enhance the operational efficiency, clinical effectiveness, and financial stability of its diverse clientele, which spans the healthcare, cannabis, and government sectors.

The company structures its operations into three primary segments: Information & Software, Services, and Other. Among its key product lines, Forian provides several critical tools for the cannabis industry. BioTrack is a comprehensive, vertically integrated software system that supports dispensaries, cultivators, manufacturers, and distributors with point-of-sale, production, and delivery management. Complementing this is Cannalytics, a Software as a Service (SaaS) analytics platform that offers clients a clear overview of their business performance. Furthermore, Forian offers robust compliance solutions like the BioTrack seed-to-sale platform, which facilitates the tracking and tracing of cannabis products from cultivation through to final sale.

Its BioTrack State Traceability & Enforcement Monitoring System (STEMS) is specifically tailored for regulatory agencies, providing a module for cannabis program management and ensuring transparency and accountability across the supply chain. Beyond its core software and data offerings, Forian also extends its services to include security monitoring and web marketing.

The company is based in Newtown, Pennsylvania.

Leadership

Adam Dublin

Co-Founder, Chief Strategy Officer & Director

Max C. Wygod

Co-Founder, Chief Executive Officer, President & Executive Chairman of the Board

Shahir Kassam-Adams

Director

Michael Vesey

Chief Financial Officer

Employees

47

Country

US

Sector

Healthcare

Website

forian.com

Analyst Coverage
Analyst Coverage
ConsensusBuy
Price Target
No price targets available
Ratings Distribution
BUY
3
HOLD
0
SELL
0
TOTAL3
Insider Trades
InsiderTypeShares
Dublin Adam H profile photoDublin Adam HWithholding/Transfer2.46M
BANWELL IAN profile photoBANWELL IANWithholding/Transfer15.0K
BANWELL IAN profile photoBANWELL IANWithholding/Transfer15.0K
BANWELL IAN profile photoBANWELL IANWithholding/Transfer15.0K
Kassam-Adams Shahir profile photoKassam-Adams ShahirWithholding/Transfer15.0K
Kassam-Adams Shahir profile photoKassam-Adams ShahirWithholding/Transfer15.0K
Shareholders
--
Institutional
(0)
--
Insiderⓘ
(1)
--
5%+ Owners
(3)
--
Unattributed (incl. retail)ⓘ
Top Shareholders
NameShares%
Max C. Wygod logo
Max C. Wygod
· may incl. warrants· filed Oct 2025
2.5M12.4%
Larry N. Feinberg logo
Larry N. Feinberg
· may incl. warrants· filed Feb 2025
1.4M4.4%
Spaniel Edward Francis Jr profile photo
Spaniel Edward Francis Jr
EVP, Gen Counsel & Secretary
975.2K--
Thomas J. Coleman logo
Thomas J. Coleman
· may incl. warrants· filed Feb 2025
908.5K2.9%
Sources: Form 4, 13D/13G
Insiders & Institutional Holders

Insiders

52-Week Range
Volume
Average Daily Volume--

30d Avg

--

60d Avg

--

90d Avg

--

Earnings
Dividend History
No dividend history available
Compliance Status
Loading compliance data...