Trees Corporation (CANN)
| Market Cap | 5.10M |
| Revenue (ttm) | 15.30M |
| Net Income (ttm) | -5.70M |
| Shares Out | 108.75M |
| EPS (ttm) | -0.05 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 29,359 |
| Open | 0.0565 |
| Previous Close | 0.0400 |
| Day's Range | 0.0400 - 0.0565 |
| 52-Week Range | 0.0225 - 0.1300 |
| Beta | -0.11 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 8, 2024 |
About Trees
Trees Corporation provides products and services to the regulated cannabis industry in the United States. The company operates through Retail and Cultivation segments. It operates a licensed 17,000 square foot light deprivation greenhouse cultivation facility; and retail dispensary store in Englewood, Colorado, as well as retail stores in Portland, Oregon. The company was formerly known as General Cannabis Corp. and changed its name to Trees Corporation in June 2022. Trees Corporation was incorporated in 2013 and is headquartered in Lakewood, C... [Read more]
Full Company ProfileFinancial Performance
In 2023, Trees's revenue was $18.14 million, an increase of 34.90% compared to the previous year's $13.44 million. Losses were -$7.10 million, -25.76% less than in 2022.
Financial StatementsNews
Cannabis Stocks Plummet By Up To 16% On DEA Rescheduling Delay: Could This Be The Buying Opportunity Of 2024?
The U.S. Drug Enforcement Administration (DEA) announced a delay on Monday in its final ruling on cannabis rescheduling until after the November presidential election. The decision, which has created ...
TREES Corporation Announces Strategic Restructuring of Senior Secured Loan; Resets 2024 for Growth Focusing on Revenue & Cash Flow Initiatives
DENVER, Dec. 21, 2023 (GLOBE NEWSWIRE) -- TREES CORPORATION (OTCQB: CANN) (“TREES” or the “Company”), a vertically-integrated operator in Colorado and Oregon, today announced a significant restructuri...
Trees Corporation and 420 Investments Ltd. Announce Reverse Takeover Transaction
Toronto, Ontario--(Newsfile Corp. - July 13, 2023) - Trees Corporation (NEO: TREE) (the "Company" or "Trees") is pleased to announce that the Company has entered into a business combination agreement ...
TREES Corporation Announces the Closing of the Green Man Acquisition; Expanding Brand in the Denver Metro Area
DENVER, Dec. 20, 2022 (GLOBE NEWSWIRE) -- TREES CORPORATION (OTCQB: CANN) (“TREES” or the “Company”), a vertically-integrated operator in Colorado, is pleased to announce the closing of the transactio...
TREES Corporation Announces the Closing of the Green Tree Acquisition; Adding Retail Dispensaries in Longmont and Berthoud, Colorado
DENVER, Dec. 13, 2022 (GLOBE NEWSWIRE) -- TREES CORPORATION (OTCQB: CANN) (“TREES” or the “Company”), a leading vertically-integrated operator in Colorado, is pleased to announce the closing of the tr...
TREES Corporation Signs Definitive Agreement to Acquire Green Man Cannabis Dispensary; Continuing Its Colorado Retail Expansion
DENVER, Nov. 03, 2022 (GLOBE NEWSWIRE) -- TREES Corporation (OTCQB: CANN) (“TREES” or the “Company”) is pleased to announce the signing of a definitive agreement to acquire GMC LLC d/b/a Green Man Can...
TREES CORPORATION Announces Definitive Agreement to Acquire the Assets of Green Tree; Further Expanding Its Footprint in Colorado
DENVER, Sept. 19, 2022 (GLOBE NEWSWIRE) -- TREES CORPORATION (OTCQB: CANN) (“TREES” or the “Company”) is pleased to announce that is has signed definitive documents to acquire the Green Tree Longmont ...
Trees Corporation Announces the Closing of a $13.5M Senior Secured Convertible Note Offering; Expansion Capital Goals Attained
DENVER, Sept. 16, 2022 (GLOBE NEWSWIRE) -- TREES CORPORATION (OTCQB: CANN) (“TREES” or the “Company”) is pleased to announce the closing of a $13.5M Senior Secured Convertible Note (“Notes”) offering....
Heritage Cannabis Announces Corporate Update and Highlights Significant Sales Growth, Market Share and Growing Distribution
TORONTO--(BUSINESS WIRE)---- $CANN--Heritage Cannabis Announces Corporate Update and Highlights Significant Sales Growth, Market Share and Growing Distribution
Heritage Cannabis Announces Corporate Update and Highlights Significant Sales Growth and New Products
TORONTO--(BUSINESS WIRE)---- $CANN--Heritage Cannabis Announces Corporate Update and Highlights Significant Sales Growth and New Products
Heritage Cannabis Announces Nine New Product Launches in the Ontario Cannabis Market, Including Flower, Pre-rolls and Concentrates
TORONTO--(BUSINESS WIRE)---- $CANN--Heritage Cannabis Announces Nine New Product Launches in the Ontario Cannabis Market, Including Flower, Pre-rolls and Concentrates
Heritage Cannabis Achieves Major Milestone with Products Now Available through Spectrum Therapeutics
TORONTO--(BUSINESS WIRE)---- $CANN--Heritage Cannabis Achieves Major Milestone with Products Now Available through Spectrum Therapeutics
General Cannabis d/b/a TREES Closes Acquisition of TREES Portland, TREES Waterfront & TREES Mlk; Acquisition Adds to the TREES Retail Footprint With Expansion in Oregon
DENVER, Jan. 06, 2022 (GLOBE NEWSWIRE) -- General Cannabis Corp d/b/a TREES (OTCQB: CANN) (“TREES” or “the Company”) is pleased to announce the closing of the acquisition of the “TREES” Oregon dispens...
Heritage Cannabis Signs Commercial Agreement With Canopy Growth Corp. and Completes First Shipment of Bulk Live Resin
TORONTO--(BUSINESS WIRE)---- $CANN--Heritage Cannabis Signs Commercial Agreement with Canopy Growth Corp. and Completes First Shipment of Bulk Live Resin
CORRECTING and REPLACING Heritage Cannabis Executes Term Sheet with Merida Capital Holdings to Support Entry into the Missouri Market in Relationship with 3Fifteen Primo Cannabis
TORONTO--(BUSINESS WIRE)---- $CANN--Heritage Cannabis Executes Term Sheet with Merida Capital to Support Entry into the Missouri Market in Relationship with 3Fifteen Primo Cannabis
TREES Announces Closing of Series A Convertible Preferred Equity Offering; Convertible at $1.00 Per Share
DENVER, Sept. 13, 2021 (GLOBE NEWSWIRE) -- General Cannabis Corp. d/b/a TREES (OTCQB: CANN) (“TREES” or “the Company”), a vertically integrated licensed cannabis operator, is pleased to announce that ...
Heritage Cannabis Executes Term Sheet with Merida Capital Holdings to Support Entry into the Missouri Market in Partnership with 3Fifteen Primo Cannabis
TORONTO--(BUSINESS WIRE)---- $CANN--Heritage Cannabis Executes Term Sheet with Merida Capital to Support Entry into the Missouri Market in Partnership with 3Fifteen Primo Cannabis
Heritage Launches Private Label Program with High Tide Inc.
TORONTO--(BUSINESS WIRE)---- $CANN--Heritage Launches Private Label Program with High Tide Inc.
TREES Announces Key Promotions and Leadership Roles
DENVER, Sept. 10, 2021 (GLOBE NEWSWIRE) -- General Cannabis Corp d/b/a TREES (OTCQB: CANN) (“TREES” or “the Company”) recently announced a corporate name change as a first step in its evolution toward...
General Cannabis Announces Closing of the Acquisition of TREES Englewood and Corporate Name Change to “TREES”; Board of Director Added
DENVER, Sept. 08, 2021 (GLOBE NEWSWIRE) -- General Cannabis Corp (OTCQB: CANN) (“TREES” or “the Company”) is pleased to announce the closing of the acquisition of the TREES Englewood Dispensary. The C...
General Cannabis Submits Change of Ownership License to Colorado's Marijuana Enforcement Division (MED) for Englewood Dispensary Location
DENVER, June 15, 2021 (GLOBE NEWSWIRE) -- General Cannabis Corp (OTCQB: CANN) is pleased to announce the submittal of the Change of Ownership License to the Marijuana Enforcement Division (MED) for th...
General Cannabis Names Interim CEO; Steve Gutterman Steps Down
DENVER, May 07, 2021 (GLOBE NEWSWIRE) -- General Cannabis Corp (OTCQB: CANN) today announced several changes to its executive management team. Current Board Member and major investor, Adam Hershey, wa...
General Cannabis To Purchase Trees For $39.5M; Changes Name, Stregntens Retail Footprint
General Cannabis Corp (OTCQB:CANN) is poised to acquire cannabis retailer Trees. Transaction Details: The Colorado-based company agreed to purchase Trees for roughly $39.5 million, with 13% of the sum...
General Cannabis to Create Retail Footprint by Acquiring Trees Dispensaries
DENVER, April 21, 2021 (GLOBE NEWSWIRE) -- General Cannabis Corp (OTCQB: CANN) today announced that it has entered into a definitive agreement to acquire Trees, a leading cannabis retail operator with...
Cannabis Legalization Isn't A Threat, It's An Opportunity (Podcast Transcript)
Cannabis industry as it stands today is 5% of what it's going to be - so says Jay Czarkowski, Founding Partner at Canna Advisors. Chasing competitive licenses, opportunities in MORE Act, MSOs primed t...