Detail akcie General Cannabis online

Business Summary: TREES Corporation is a cannabis retailer and cultivator in the States of Colorado and Oregon. The Company operates through two segments: Retail and Cultivation. It operates about six cannabis dispensaries, which includes Englewood Dispensary, Longmont Dispensary, Hampden Dispensary, 102nd Street Dispensary, Waterfront Dispensary, and MLK Dispensary. It also operates two cultivation facilities in Colorado, such as SevenFive Cultivation Facility and Hillside Cultivation Facility. It operates a licensed 17,000 square foot light deprivation greenhouse cultivation facility. Its dispensaries carry a variety of classic and boutique flower strains, concentrates, cartridges, edibles, drinkables, and smoking accessories. Its subsidiaries include Green Man Cannabis, LLC, Green Tree Colorado LLC, GT Cultivation LLC, SevenFive Farms, LLC, SevenFive Farms Cultivation, LLC, General Cannabis Capital Corporation, and Standard Cann, Inc., among others.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, Trees Corp revenues decreased 25% to $10.7M. Net loss applicable to common stockholders decreased 36% to $3.1M. Revenues reflect Cultivation segment decrease of 62% to $778K. Lower net loss reflects Retail segment income increase of 94% to $1.8M, Cultivation segment loss decrease of 58% to $591K. Basic Earnings per Share excluding Extraordinary Items increased from -$0.04 to -$0.03.