Trees (CANN) Stock Price, News & Analysis

Company Overview

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, Colorado.

Key Stats

• Today's Range: $0.04 to $0.05
• 50-Day Range: $0.04 to $0.06
• 52-Week Range: $0.02 to $0.13
• Volume: 43,786 shs
• Average Volume: 75,833 shs
• Market Capitalization: $5.21 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Trees Stock Analysis - MarketRank™

Trees scored higher than 16% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Trees.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Trees is -1.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Trees is -1.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.03% of the outstanding shares of Trees have been sold short.

Short Interest Ratio / Days to Cover

Trees has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trees has recently decreased by 33.79%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Trees does not currently pay a dividend.

Dividend Growth

Trees does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.03% of the outstanding shares of Trees have been sold short.

Short Interest Ratio / Days to Cover

Trees has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trees has recently decreased by 33.79%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.40

News Sentiment

Trees has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Trees this week, compared to 39 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Trees insiders have not sold or bought any company stock.

Percentage Held by Insiders

45.00% of the stock of Trees is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 11.28% of the stock of Trees is held by institutions.

CANN Stock Analysis - Frequently Asked Questions

How have CANN shares performed this year?

Trees' stock was trading at $0.0675 at the beginning of 2024. Since then, CANN stock has decreased by 29.0% and is now trading at $0.0479.
View the best growth stocks for 2024 here.

How were Trees' earnings last quarter?

Trees Co. (OTCMKTS:CANN) posted its earnings results on Wednesday, August, 8th. The company reported ($0.10) EPS for the quarter. The business earned $1.12 million during the quarter.

How do I buy shares of Trees?

Shares of CANN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Trees own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Trees investors own include Canopy Growth (CGC), Unrivaled Brands (TRTC), Aurora Cannabis (ACB), NVIDIA (NVDA), Cannabis Sativa (CBDS), Cronos Group (CRON) and Aurora Cannabis (ACBFF).

Company Calendar

• Last Earnings: 8/08/2018
• Today: 11/15/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Medical
• Industry: Drug stores & proprietary stores
• Sub-Industry: Cannabis
• Current Symbol: OTCMKTS:CANN
• Previous Symbol: NASDAQ:CANN
• CUSIP: N/A
• CIK: 1477009
• Web: www.generalcann.com
• Phone: (303) 759-1300
• Fax: N/A
• Employees: 80
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-7,080,000.00
• Net Margins: -37.08%
• Pretax Margin: -29.55%
• Return on Equity: N/A
• Return on Assets: -24.24%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.16
• Quick Ratio: 0.10

Sales & Book Value

• Annual Sales: $18.14 million
• Price / Sales: 0.29
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.03) per share
• Price / Book: -1.60

Miscellaneous

• Outstanding Shares: 108,750,000
• Free Float: 59,811,000
• Market Cap: $5.21 million
• Optionable: Not Optionable
• Beta: -0.13