|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||2.72 - 3.11|
|52 Week Range||1.08 - 11.19|
|Beta (3Y Monthly)||-2.59|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
With the previous presidential administration’s frankness on the matter, marijuana has become more blasé. Naturally, marijuana stocks have also increased in popularity, where we have more choices today than was previously thought possible. For instance, some of the top marijuana stocks are levered toward medical cannabis.
MARKET PULSE General Cannabis Corp. (cann) said Tuesday it is opening a New York office as the cannabis business services provider looks to expand its presence on the East Coast. "Given our growing list of East Coast clients and the steps that states like Massachusetts and New Jersey have taken toward launching adult-use sales, this is the ideal time for General Cannabis to further invest and establish itself in the region," said Executive Chairman Michael Feinsod.
As marijuana legalization begins to slowly roll out state by state, it follows that marijuana-based businesses have cropped up, and many are trying their hand in the public markets. Regrettably, CANN is losing more and more money on marijuana services every year and is also burning cash.
Categories: Yahoo FinanceGet free summary analysis General Cannabis Corp. reports financial results for the quarter ended September 30, 2017. Highlights Summary numbers: Revenues of USD 0.98 million, Net Earnings of USD 0.59 million. Gross margins narrowed from 19.48% to 15.87% compared to the same period last year, operating (EBITDA) margins now -145.69% from -148.13%. Change in operating ... Read more (Read more...)