Trees (OTCMKTS:CANN) Announces Quarterly Earnings Results

Trees (OTCMKTS:CANN) posted its quarterly earnings data on Wednesday. The company reported ($0.02) earnings per share for the quarter, reports. Trees had a negative return on equity of 385.42% and a negative net margin of 58.86%. The firm had revenue of $3.82 million for the quarter.

Trees Stock Up 14.2 %

CANN stock opened at $0.09 on Friday. The stock has a market capitalization of $9.99 million, a P/E ratio of -1.31 and a beta of 0.04. The firm has a 50-day moving average price of $0.08 and a 200-day moving average price of $0.09. The company has a current ratio of 0.24, a quick ratio of 0.09 and a debt-to-equity ratio of 21.81. Trees has a 12 month low of $0.04 and a 12 month high of $0.20.

Trees Company Profile

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.