TREES Corp (Colorado) financial data

Symbol
CANN on OTC
Industry
Retail-Drug Stores and Proprietary Stores
Location
215 Union Boulevard, Suite 415, Lakewood, CO
State of incorporation
Colorado
Fiscal year end
December 31
Former names
GENERAL CANNABIS CORP (to 6/14/2022), Advanced Cannabis Solutions, Inc. (to 6/4/2015), Promap Corp (to 10/2/2013)
Latest financial report
10-Q - Q2 2024 - Aug 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 25.3 % -67.5%
Quick Ratio 13 % -58.3%
Debt-to-equity -6.42K % -1520%
Return On Equity 1.51K %
Return On Assets -23.9 % +41.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 109M shares -8.36%
Common Stock, Shares, Outstanding 109M shares -8.36%
Entity Public Float 7.34M USD
Common Stock, Value, Issued 109K USD -8.36%
Weighted Average Number of Shares Outstanding, Basic 109M shares -8.36%
Weighted Average Number of Shares Outstanding, Diluted 109M shares -8.36%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.69M USD -27.6%
Cost of Revenue 1.69M USD -47.8%
Costs and Expenses 16.9M USD -24.5%
Operating Income (Loss) -1.6M USD +71.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.25M USD +64.7%
Income Tax Expense (Benefit) 1.19M USD
Net Income (Loss) Attributable to Parent -5.68M USD +54%
Earnings Per Share, Basic -0.04 USD/shares +69.2%
Earnings Per Share, Diluted -0.04 USD/shares +69.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 383K USD -40.5%
Accounts Receivable, after Allowance for Credit Loss, Current 191K USD +67.9%
Inventory, Net 1.02M USD -56.2%
Other Assets, Current 21.2K USD -35.5%
Assets, Current 1.79M USD -46.8%
Property, Plant and Equipment, Net 1.28M USD -29.4%
Operating Lease, Right-of-Use Asset 1.72M USD -44.5%
Intangible Assets, Net (Excluding Goodwill) 1.38M USD -48.9%
Goodwill 15.9M USD -13.6%
Assets 22.1M USD -24.9%
Accounts Payable, Current 1.56M USD +40.9%
Liabilities, Current 7.55M USD -8.11%
Long-term Debt and Lease Obligation 22.5M USD
Deferred Income Tax Liabilities, Net 338K USD -40.3%
Operating Lease, Liability, Noncurrent 997K USD -50.6%
Liabilities 24.2M USD -10%
Retained Earnings (Accumulated Deficit) -103M USD -5.86%
Stockholders' Equity Attributable to Parent -2.11M USD -184%
Liabilities and Equity 22.1M USD -24.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -274K USD +45.4%
Net Cash Provided by (Used in) Financing Activities -260K USD +23.4%
Net Cash Provided by (Used in) Investing Activities -20.6K USD +92.7%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 109M shares -8.36%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.12M USD -179%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 383K USD -40.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 28.4K USD +1436%
Deferred Tax Assets, Valuation Allowance 6.82M USD -18.9%
Deferred Tax Assets, Gross 7.16M USD -20.3%
Operating Lease, Liability 1.84M USD -43.5%
Payments to Acquire Property, Plant, and Equipment 20.6K USD -15.1%
Lessee, Operating Lease, Liability, to be Paid 2.87M USD -44.1%
Property, Plant and Equipment, Gross 2.08M USD -12.1%
Operating Lease, Liability, Current 843K USD -31.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 453K USD -56.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 780K USD -37.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.03M USD -45.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 302K USD -60.5%
Deferred Tax Assets, Operating Loss Carryforwards 6.85M USD -20%
Preferred Stock, Shares Issued 1.18K shares 0%
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 245K USD -51.7%
Operating Lease, Payments 271K USD -27.6%
Additional Paid in Capital 99.7M USD +1.1%
Preferred Stock, Shares Outstanding 1.18K shares 0%
Depreciation, Depletion and Amortization 293K USD +26.3%
Deferred Tax Assets, Net of Valuation Allowance 188K USD -8.33%
Share-based Payment Arrangement, Expense 15K USD +7.73%
Interest Expense 1.87M USD +48.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares