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Complete financial analysis of Trees Corporation (CANN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Trees Corporation, a leading company in the Drug Manufacturers – Specialty & Generic industry within the Healthcare sector.
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Trees Corporation (CANN)
Industry: Drug Manufacturers - Specialty & Generic
Sector: Healthcare
Website: https://www.treescann.com
About Trees Corporation
Trees Corporation provides products and services to the regulated cannabis industry and non-cannabis customers 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 a retail dispensary store in Englewood, Colorado, as well as two 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 Denver, Colorado.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.14M | 13.44M | 5.93M | 7.12M | 3.67M | 4.62M | 3.52M | 2.98M | 1.76M | 240.21K | 0.00 | 21.03K | 61.56K | 100.64K | 38.00K |
| Cost of Revenue | 11.56M | 8.58M | 4.44M | 5.47M | 2.47M | 3.74M | 2.79M | 1.99M | 1.42M | 68.54K | 186.15K | 48.11K | 31.25K | 28.19K | 7.44K |
| Gross Profit | 6.57M | 4.87M | 1.49M | 1.65M | 1.20M | 879.76K | 736.37K | 988.48K | 339.95K | 171.67K | -186.15K | -27.08K | 30.31K | 72.45K | 30.57K |
| Gross Profit Ratio | 36.24% | 36.20% | 25.10% | 23.21% | 32.71% | 19.05% | 20.91% | 33.15% | 19.28% | 71.47% | 0.00% | -128.75% | 49.24% | 71.99% | 80.43% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 1.38M | 7.71M | 4.00M | 7.50M | 9.95M | 12.14M | 7.44M | 6.31M | 7.30M | 2.64M | 776.00K | 40.72K | 51.47K | 18.34K | 63.31K |
| Selling & Marketing | 8.29M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 9.67M | 7.71M | 4.00M | 7.50M | 9.95M | 12.14M | 7.44M | 6.31M | 7.30M | 2.64M | 776.00K | 40.72K | 51.47K | 18.34K | 63.31K |
| Other Expenses | 874.41K | 331.38K | 500.57K | 215.46K | 115.70K | 149.50K | 125.91K | 394.22K | 282.83K | 66.26K | 0.00 | -59.25K | 38.96K | 0.00 | 0.00 |
| Operating Expenses | 10.55M | 8.04M | 4.50M | 7.72M | 10.06M | 12.29M | 7.56M | 6.70M | 7.58M | 2.71M | 1.03M | -18.53K | 90.43K | 18.34K | 63.31K |
| Cost & Expenses | 22.11M | 16.62M | 8.94M | 13.19M | 12.53M | 16.03M | 10.35M | 8.69M | 9.01M | 2.78M | 1.22M | 29.58K | 121.67K | 46.54K | 70.75K |
| Interest Income | 0.00 | 234.38K | 1.31M | 748.78K | 2.37M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 18.00 | 110.00 | 22.00 | 89.00 |
| Interest Expense | 2.58M | 2.80M | 1.31M | 748.78K | 2.37M | 4.56M | 1.37M | 6.29M | 1.75M | 1.00M | 0.00 | 18.00 | 110.00 | 22.00 | 89.00 |
| Depreciation & Amortization | 2.68M | 1.60M | 991.20K | 485.91K | 115.70K | 62.44K | 125.91K | 394.22K | 282.83K | 66.26K | 962.15K | 23.58K | -1.32K | 107.07K | -250.00 |
| EBITDA | -1.64M | -5.37M | -6.12M | -6.19M | -11.33M | -11.51M | -6.73M | -8.83M | -6.96M | -5.86M | 0.00 | -8.55K | -61.43K | 570.00 | -32.74K |
| EBITDA Ratio | -9.03% | -21.21% | -39.98% | -80.76% | -236.35% | -247.68% | -190.22% | -178.35% | -394.82% | -1,028.07% | 0.00% | 15.40% | -99.78% | 106.96% | -86.82% |
| Operating Income | -3.97M | -3.17M | -3.01M | -6.07M | -8.86M | -11.41M | -7.05M | -7.06M | -7.24M | -2.54M | -962.15K | -20.34K | -60.11K | 570.00 | -32.74K |
| Operating Income Ratio | -21.91% | -23.61% | -50.83% | -85.19% | -241.70% | -246.97% | -200.09% | -236.65% | -410.86% | -1,055.65% | 0.00% | -96.72% | -97.64% | 0.57% | -86.16% |
| Total Other Income/Expenses | -2.92M | -6.10M | -5.41M | -1.55M | -4.95M | -5.56M | -1.17M | -3.11M | -1.54M | -4.39M | -260.00K | 18.00 | 1.43K | 22.00 | 339.00 |
| Income Before Tax | -6.89M | -9.28M | -8.43M | -7.62M | -10.79M | -16.97M | -8.22M | -32.80M | -8.79M | -6.93M | -1.22M | -20.32K | -58.68K | 592.00 | -32.41K |
| Income Before Tax Ratio | -38.01% | -68.99% | -142.18% | -107.01% | -294.22% | -367.50% | -233.41% | -1,099.93% | -498.38% | -2,885.08% | 0.00% | -96.63% | -95.32% | 0.59% | -85.27% |
| Income Tax Expense | 187.85K | 204.92K | 1.89M | 907.60K | 4.04M | -1.01M | 1.37M | 6.29M | 1.75M | 1.00M | -260.00K | -11.81K | -110.00 | 1.32K | -89.00 |
| Net Income | -7.08M | -9.48M | -10.31M | -8.53M | -14.83M | -16.97M | -8.22M | -32.80M | -8.79M | -6.93M | -1.22M | -20.32K | -58.68K | -726.00 | -32.41K |
| Net Income Ratio | -39.05% | -70.52% | -173.99% | -119.75% | -404.43% | -367.50% | -233.41% | -1,099.93% | -498.38% | -2,885.08% | 0.00% | -96.63% | -95.32% | -0.72% | -85.27% |
| EPS | -0.06 | -0.07 | -0.15 | -0.17 | -0.39 | -0.49 | -0.40 | -2.12 | -0.63 | -0.51 | -0.09 | 0.00 | -0.01 | 0.00 | 0.00 |
| EPS Diluted | -0.06 | -0.07 | -0.15 | -0.17 | -0.39 | -0.49 | -0.40 | -2.12 | -0.63 | -0.51 | -0.09 | 0.00 | -0.01 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 117.20M | 138.96M | 69.54M | 50.90M | 38.11M | 34.94M | 20.47M | 15.49M | 14.02M | 13.46M | 13.46M | 9.72M | 9.71M | 9.50M | 8.75M |
| Weighted Avg Shares Out (Dil) | 117.20M | 138.96M | 69.54M | 50.90M | 38.11M | 34.94M | 20.47M | 15.49M | 14.02M | 13.46M | 13.46M | 9.72M | 9.71M | 9.50M | 8.75M |
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