TREES Corp (Colorado) financial data

Symbol
CANN on OTC
Industry
Retail-Drug Stores and Proprietary Stores
Location
215 Union Boulevard, Suite 415, Lakewood, Colorado
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
Q1 2024 - May 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 29.5 % -66.7%
Quick Ratio 16.6 % -48.4%
Debt-to-equity 3.18K % +679%
Return On Equity -844 % -315%
Return On Assets -25.7 % +30.2%
Operating Margin -21.9 % +7.2%

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 -27.9%
Cost of Revenue 2.19M USD -28.4%
Costs and Expenses 20M USD +5.72%
Operating Income (Loss) -3.28M USD +16.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -6.35M USD +37.8%
Income Tax Expense (Benefit) 137K USD +59.8%
Net Income (Loss) Attributable to Parent -6.59M USD +37.3%
Earnings Per Share, Basic -0.05 USD/shares +54.5%
Earnings Per Share, Diluted -0.05 USD/shares +54.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 414K USD -71.6%
Accounts Receivable, after Allowance for Credit Loss, Current 81.5K USD +29.6%
Inventory, Net 801K USD -66.8%
Other Assets, Current 21.2K USD -35.5%
Assets, Current 1.69M USD -59.7%
Property, Plant and Equipment, Net 1.36M USD -28.2%
Operating Lease, Right-of-Use Asset 1.87M USD -53.7%
Intangible Assets, Net (Excluding Goodwill) 1.51M USD -48.5%
Goodwill 15.9M USD -13.6%
Assets 22.3M USD -29%
Accounts Payable, Current 1.56M USD +40.9%
Liabilities, Current 7.83M USD +15.5%
Long-term Debt and Lease Obligation 22.5M USD
Deferred Income Tax Liabilities, Net 338K USD -40.3%
Operating Lease, Liability, Noncurrent 1.11M USD -66.6%
Liabilities 23.6M USD -12.4%
Retained Earnings (Accumulated Deficit) -102M USD -6.93%
Stockholders' Equity Attributable to Parent -1.24M USD +72.5%
Liabilities and Equity 22.3M USD -29%

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 414K USD -71.6%
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 1.96M USD -53%
Depreciation 222K USD +21.4%
Payments to Acquire Property, Plant, and Equipment 20.6K USD -15.1%
Lessee, Operating Lease, Liability, to be Paid 3.13M USD -51.3%
Property, Plant and Equipment, Gross 2.08M USD -12.1%
Operating Lease, Liability, Current 850K USD +0.74%
Lessee, Operating Lease, Liability, to be Paid, Year Two 453K USD -65.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 708K USD -56.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.18M USD -48.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 302K USD -64.3%
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 99.5M USD +0.85%
Preferred Stock, Shares Outstanding 1.18K shares 0%
Amortization of Intangible Assets 620K USD +318%
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