General Cannabis Corp is the comprehensive national resource for the highest quality service providers available to the regulated cannabis industry. We are a trusted partner to the cultivation, production and retail sides of the cannabis business. We do this through a combination of strong operating divisions such as security, operational consulting and products, consumer goods and marketing consulting, and capital investments and real estate. As a synergistic holding company, our divisions are able to leverage the strengths of each other, as well as a larger balance sheet, to succeed. Our website address is www.generalcann.com.
Company profile
Ticker
CANN
Exchange
Website
CEO
Michael R. Feinsod
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Advanced Cannabis Solutions, Inc., GENERAL CANNABIS CORP, Promap Corp
SEC CIK
Corporate docs
Subsidiaries
6565 E. Evans Owner LLC • GC Corp • GC Capital Corp, LLC • GC Security LLC • General Cannabis Capital Corporation • Standard Cann, Inc. • SevenFive Farm Cultivation, LLC • SevenFive Farm, LLC • Trees Colorado LLC • Trees Oregon LLC ...
IRS number
208096131
CANN stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
21 Dec 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Entry into a Material Definitive Agreement
23 Aug 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
8-K
Departure of Directors or Certain Officers
7 Aug 23
8-K
Entry into a Material Definitive Agreement
7 Jul 23
10-Q
2023 Q1
Quarterly report
22 May 23
NT 10-Q
Notice of late quarterly filing
16 May 23
10-K
2022 FY
Annual report
17 Apr 23
Latest ownership filings
SC 13G/A
Troob Capital Advisors LLC
14 Feb 24
4
Carl J Williams
9 Feb 24
4
Richard C. Travia
9 Feb 24
4
Richard C. Travia
14 Nov 23
4
Carl J Williams
14 Nov 23
4
Richard C. Travia
2 Aug 23
4
Carl J Williams
2 Aug 23
4
Richard C. Travia
12 Apr 23
4
Carl J Williams
12 Apr 23
SC 13G/A
Troob Capital Advisors LLC
13 Feb 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 251.69 k | 251.69 k | 251.69 k | 251.69 k | 251.69 k | 251.69 k |
Cash burn (monthly) | 130.76 k | 479.21 k | 271.71 k | 868.98 k | 88.04 k | 191.89 k |
Cash used (since last report) | 777.39 k | 2.85 mm | 1.62 mm | 5.17 mm | 523.43 k | 1.14 mm |
Cash remaining | -525.70 k | -2.60 mm | -1.36 mm | -4.91 mm | -271.74 k | -889.12 k |
Runway (months of cash) | -4.0 | -5.4 | -5.0 | -5.7 | -3.1 | -4.6 |
Institutional ownership, Q4 2022
23.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 1 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 6.49 mm |
Total shares | 25.11 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Troob Capital Advisors | 10.32 mm | $0.00 |
Adam Hershey | 9.87 mm | $5.53 mm |
TCM Tactical Opportunities Fund II | 4.91 mm | $963.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Feb 24 | Richard C. Travia | Common Stock | Grant | Acquire A | No | No | 0 | 214,815 | 0.00 | 715,046 |
8 Feb 24 | Carl J Williams | Common Stock | Grant | Acquire A | No | No | 0 | 114,815 | 0.00 | 615,046 |
9 Nov 23 | Richard C. Travia | Common Stock | Grant | Acquire A | No | No | 0 | 90,909 | 0.00 | 500,231 |
9 Nov 23 | Carl J Williams | Common Stock | Grant | Acquire A | No | No | 0 | 90,909 | 0.00 | 500,231 |
31 Jul 23 | Carl J Williams | Common Stock | Grant | Acquire A | No | No | 0 | 165,714 | 0.00 | 409,322 |
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