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Trees

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$0.000100
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Pre-Market: Jun 18, 4:06 PM EDT
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Trees (CANN) Forecast

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Trees (OTC:CANN) Stock Quotes, Forecast and News Summary

Trees Stock (OTC: CANN) stock price, news, charts, stock research, profile.

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Recent News

Heritage Cannabis' Stock Plunges On Announcing Creditor Protection, Looks To Pursue Restructuring And Sales Process
Heritage Cannabis Holdings Corp. announced on Tuesday that alongside its subsidiaries it sought and obtained an order for creditor protection from the Ontario Superior Court of Justice under the Companies Creditors Arrangement Act. "The difficult but necessary decision to commence CCAA proceedings was made after careful consideration of the Company's financial position while evaluating all available alternatives and engaging in significant consultation with legal and financial advisors," the company said in a press release. The Toronto-based cannabis producer also said that BJK Holdings Ltd., its senior secured lender, made a demand to the company for payment in full of certain indebtedness owing by the Heritage Group to the lender totaling $8,421,088.87. Heritage has entered into binding agreements to sell its real estate properties in Ontario and British Columbia to BJK Developments Ltd. for a net purchase price of $9,714,475 and lease the Ontario and BC Property back from the purchaser in October. The company said at the time the purchase would be used to set off the amount owing by the company to its lender, BJK Holdings Ltd., a related entity of the purchaser, reducing the company's remaining term debt by roughly 64% to $5,256,379. The remaining term financing, as amended within a third amending agreement, has been extended through to Jan. 31, 2025. Additionally, the company said it retains its revolving line of credit of up to $5 million with BJK, which has also been extended until the same date.
Jelena Martinovic

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About Trees Corporation.
Sector
Industrials
Industry
Professional Services
Trees Corp is a vertically integrated cannabis company and multi-state operator in the United States...
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EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.
CANN

FAQ

Q

How do I buy Trees (CANN) stock?

A

You can purchase shares of Trees (OTCQB:CANN) through any online brokerage.

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Q

Who are Trees (CANN) competitors?

A

There are no as such competitors for Trees.

Q

What is the target price for Trees (CANN) stock?

A

There is no analysis for Trees.

Q

What is the forecast for Trees (CANN) stock?

A

There is no analysis for Trees to provide a consensus price target.

Q

Current stock price for Trees (CANN)?

A

The stock price for Trees (OTCQB: CANN) is $0.0737 last updated July 19, 2024 at 1:57 PM EDT.

Q

Does Trees (CANN) pay a dividend?

A

There are no upcoming dividends for Trees.

Q

When is Trees (OTCQB:CANN) reporting earnings?

A

Trees’s Q2 earnings are confirmed for Monday, August 12, 2024.

Q

Is Trees (CANN) going to split?

A

There is no upcoming split for Trees.

Q

What sector and industry does Trees (CANN) operate in?

A

Trees is in the Industrials sector and Professional Services industry. They are listed on the OTCQB.