General Cannabis Corp provides products and services to the regulated cannabis industry and non-cannabis customers in the United States. More Details
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has General Cannabis's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CANN's share price has been volatile over the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: CANN underperformed the US Commercial Services industry which returned 2.5% over the past year.
Return vs Market: CANN underperformed the US Market which returned 12% over the past year.
Price Volatility Vs. Market
How volatile is General Cannabis's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is General Cannabis undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether General Cannabis is trading at an attractive price based on the cash flow it is expected to produce in the future. But as General Cannabis has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of CANN's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through General Cannabis regulatory filings here.
- Explore potentially undervalued companies in the Commercial Services industry.
How is General Cannabis forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as General Cannabis has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of CANN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access General Cannabis's filings and announcementshere.
- Explore growth companies in the Commercial Services industry.
How has General Cannabis performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CANN is currently unprofitable.
Growing Profit Margin: CANN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CANN is unprofitable, and losses have increased over the past 5 years at a rate of 9.8% per year.
Accelerating Growth: Unable to compare CANN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CANN is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-8.4%).
Return on Equity
High ROE: CANN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is General Cannabis's financial position?
Financial Position Analysis
Short Term Liabilities: CANN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CANN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CANN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CANN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CANN has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CANN is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.
What is General Cannabis's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CANN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CANN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CANN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CANN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CANN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Gutterman (50 yo)
Mr. Steven D. Gutterman, also known as Steve, JD, serves as Chief Executive Officer and Director of General Cannabis Corp since December 13, 2019. He had been the President of Harvest Health & Recreation I ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD475.76K) is about average for companies of similar size in the US market ($USD593.13K).
Compensation vs Earnings: Insufficient data to compare Steve's compensation with company performance.
|CEO & Director||0.83yr||US$475.76k||no data|
|CFO, Principal Financial & Accounting Officer||0.083yr||no data||no data|
|Vice President of Operations||1.33yrs||no data||no data|
|Managing Director of Chiefton Supply Co||3.17yrs||no data||no data|
|Managing Director of Chiefton Supply||1.58yrs||no data||no data|
Experienced Management: CANN's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|CEO & Director||0.83yr||US$475.76k||no data|
|Independent Chairman||0.083yr||no data||no data|
|Director||0.25yr||no data||no data|
|Independent Director||0.083yr||no data||no data|
|Director||0.083yr||no data||no data|
Experienced Board: CANN's board of directors are not considered experienced ( 0.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 48.7%.
General Cannabis Corp's company bio, employee growth, exchange listings and data sources
- Name: General Cannabis Corp
- Ticker: CANN
- Exchange: OTCPK
- Founded: 2013
- Industry: Security and Alarm Services
- Sector: Commercial Services
- Market Cap: US$23.195m
- Shares outstanding: 58.72m
- Website: https://www.generalcann.com
Number of Employees
- General Cannabis Corp
- 6565 East Evans Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CANN||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Aug 2013|
|7A7||BST (Boerse-Stuttgart)||Yes||Common Stock||DE||EUR||Aug 2013|
General Cannabis Corp provides products and services to the regulated cannabis industry and non-cannabis customers in the United States. The company operates in two segments, Operations Consulting and Prod ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 03:36|
|End of Day Share Price||2020/10/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.