General Cannabis Corp

Company Profile

General Cannabis Corp had its IPO on under the ticker symbol CANN.

The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. General Cannabis Corp has a staff strength of 150 employees.

Stock update

Shares of General Cannabis Corp opened at $0.13 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.12 - $0.13, and closed at $0.13.

This is a +3.61% increase from the previous day's closing price.

A total volume of 61,186 shares were traded at the close of the day’s session.

In the last one week, shares of General Cannabis Corp have increased by +51.76%.

General Cannabis Corp's Key Ratios

General Cannabis Corp has a market cap of $10.76 million, indicating a price to book ratio of 2.671 and a price to sales ratio of 1.2318.

In the last 12-months General Cannabis Corp’s revenue was $14.98 million with a gross profit of $4.87 million and an EBITDA of $-2769627. The EBITDA ratio measures General Cannabis Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, General Cannabis Corp’s operating margin was -21.11% while its return on assets stood at -7.2% with a return of equity of -139.28%.

In Q1, General Cannabis Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 43%.

General Cannabis Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.12 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into General Cannabis Corp’s profitability.

General Cannabis Corp stock is trading at a EV to sales ratio of 2.7413 and a EV to EBITDA ratio of -8.4546. Its price to sales ratio in the trailing 12-months stood at 1.2318.

General Cannabis Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$31.43 million

Total Liabilities

$6.78 million

Operating Cash Flow

$0

Capital Expenditure

$280892

Dividend Payout Ratio

0%

General Cannabis Corp ended 2024 with $31.43 million in total assets and $0 in total liabilities. Its intangible assets were valued at $31.43 million while shareholder equity stood at $4.53 million.

General Cannabis Corp ended 2024 with $0 in deferred long-term liabilities, $6.78 million in other current liabilities, in common stock, $-95288616.00 in retained earnings and $18.38 million in goodwill. Its cash balance stood at $1.46 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $16.11 million.

General Cannabis Corp’s total current assets stands at $4.20 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $62841.00 compared to accounts payable of $2.63 million and inventory worth $2.41 million.

In 2024, General Cannabis Corp's operating cash flow was $0 while its capital expenditure stood at $280892.

Comparatively, General Cannabis Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.13

52-Week High

$0.3

52-Week Low

$0.08

Analyst Target Price

$

General Cannabis Corp stock is currently trading at $0.13 per share. It touched a 52-week high of $0.3 and a 52-week low of $0.3. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.08 and 200-day moving average was $0.13 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 4869.6% of the company’s stock are held by insiders while 0.8% are held by institutions.