Streetbeat News

CANN

Trees Corporation.

http://www.generalcann.com/

CEO

Steve Gutterman

Employees

77

Industry

Other Activities Related to Real Estate

Open

0.04

Mkt cap

4.9M

Volume

41K

High

0.05

P/E Ratio

-0.89

52-wk high

0.13

Low

0.04

Div yield

N/A

52-wk low

0.02

Microsoft shares rise as the company reports better-than-expected Q1 2025 GAAP EPS and sales.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:05 pm

Banzai has been granted an extension by the Nasdaq Hearing Panel to regain compliance with listing requirements.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:34 pm

Former President Donald Trump's comments on rescheduling cannabis and supporting banking reforms led to a positive reaction in cannabis stocks. Notable gains were seen in companies like Trulieve Cannabis, Green Thumb Industries, and Canopy Growth. The market's response was more modest compared to previous surges.

Portfolio Pulse from Nicolás Jose Rodriguez

September 09, 2024 | 8:49 pm

Former President Donald Trump's support for cannabis legalization in Florida has sparked varied reactions in the cannabis stock market. Notable movements include gains for AdvisorShares Pure Cannabis ETF and Trulieve Cannabis, while Canopy Growth and Cronos Group saw declines.

Portfolio Pulse from Nicolás Jose Rodriguez

September 05, 2024 | 1:39 pm

Cannabis stocks, including Curaleaf Holdings, Trulieve Cannabis, Green Thumb Industries, Cresco Labs, and Cansortium, experienced significant declines following the DEA's delay in cannabis rescheduling. The AdvisorShares Pure US Cannabis ETF (MSOS) also dropped over 10%. Despite the downturn, analysts see potential buying opportunities amid market volatility.

Portfolio Pulse from Nicolás Jose Rodriguez

August 27, 2024 | 3:09 pm

The article discusses the impact of trading volume on cannabis stocks, highlighting both high-liquidity and low-liquidity stocks. High-liquidity stocks like SNDL, Tilray Brands, Cronos Group, and Aurora Cannabis offer reduced transaction costs and flexibility but can be volatile. Low-liquidity stocks like Medical Marijuana, Trees, Curaleaf Holdings, and Green Thumb Industries may offer high returns but come with higher transaction costs and potential price impacts.

Portfolio Pulse from Nicolás Jose Rodriguez

May 20, 2024 | 10:54 pm

Four small-cap cannabis stocks—Medical Marijuana Inc., TILT Holdings, Trees Corp., and Village Farms International—showed positive performance despite the broader sector's downtrend. These stocks present potential investment opportunities due to their operational efficiencies and financial metrics. In contrast, larger cannabis companies like Curaleaf Holdings, AdvisorShares Pure US Cannabis ETF, Canopy Growth, Trulieve Cannabis, and Green Thumb Industries experienced declines, with only Aurora Cannabis showing a slight increase.

Portfolio Pulse from Nicolás Jose Rodriguez

May 20, 2024 | 8:44 pm

Heritage Cannabis Holdings Corp. (HERTF) announced it has sought creditor protection under the Companies Creditors Arrangement Act, due to financial difficulties. The company has entered into agreements to sell its real estate properties, aiming to reduce its term debt by approximately 64%. Despite a slight decrease in fourth-quarter revenue, Heritage reported a significant increase in gross margin. However, its shares plunged 76.67% following the announcement.

Portfolio Pulse from Jelena Martinovic

April 03, 2024 | 7:06 pm

Heritage Cannabis Holdings Corp. (OTCQB:HERTF) reported a significant increase in gross margin for 2023, with over 50% for the year and 628% for Q4 compared to last year. CEO David Schwede attributed this success to product optimization, production efficiencies, and high gross margin sales. The company's products, including RAD vape and Adults Only brand, remain in high demand, particularly in New York, Missouri, and West Virginia. Despite a slight drop in net revenue for Q4 2023, the company saw a decrease in comprehensive loss and general and administrative expenses, indicating improved financial health.

Portfolio Pulse from Jelena Martinovic

February 27, 2024 | 5:10 pm

Cannabis stocks experienced significant movements on February 7, 2024, with ESCO Technologies leading the gainers with an unprecedented rise. The sector saw a mix of sharp increases and declines among various companies, indicating a volatile market environment for cannabis-related stocks.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 9:30 pm

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