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Trees CANN · USD

Industrials · US listing · 🇺🇸 United States

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0.02

-2.47%

Close of 9 Nov 2026, in USD

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About Trees

From its filings with the US Securities and Exchange Commission

SEC filings

Trees is based in Lakewood, Colorado and is incorporated in Colorado. Its shares trade on OTC under the ticker CANN. The SEC classifies its business as retail-drug stores and proprietary stores. In the fiscal year to 31 December 2023, it reported revenue of $18.1m and a net loss of $7.1m. At that date it held total assets of $23.2m and shareholders' equity of $148,159.

In its own words

In such event, a 1.5x liquidation preference shall apply to entire amount (the initial $250,000 plus the additional $250,000).

Stock. Further, cash equal to $1,732,884 will be paid to Seller in equal monthly installments over a period of 24 months.

II controlled substance and thereby changing the plant from a federally-criminalized substance to one that has recognized medical uses.

DOJ Deputy Attorney General James M. Cole issued the Cole Memo concerning cannabis enforcement under the CSA.

Quoted from its 10-K, filed 10 Apr 2024. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Commercial Services & Supplies
Listed since
21 Jan 2011
Employees
76
Head office
215 UNION BOULEVARD, LAKEWOOD, CO, 80228
Incorporated in
CO
Classification
Retail-Drug Stores and Proprietary Stores
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Carl WilliamsIndependent Chairman of the Board$38,500
  • Mr. Adam HersheyInterim Chief Executive Officer, Director, since 2020$142,358
  • Ms. Mikayla GilbertChief Financial Officer, Principal Financial Officer and Principal Accounting Officer
  • Mr. Timothy BrownDirector and Chief Visionary Officer$171,841
  • Mr. Richard TraviaIndependent Director$38,500

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

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Weaknesses

  • General Cannabis Corp faces the following weaknesses:

Opportunities

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Threats

  • General Cannabis Corp faces the following threats:

Sources and methodology

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