OverviewSuggest Edit

General Cannabis Corporation is the comprehensive resource for the highest quality service providers available to the regulated Cannabis Industry. The Company is a trusted partner to the cultivation, production and retail side of the cannabis business. It does this through a combination of strong operating divisions such as real estate, consulting, security, financing and the distribution of important infrastructure products to grow facilities and dispensaries. As a synergistic holding company, its subsidiaries are able to leverage the strengths of each other, as well as a larger balance sheet, to succeed.

TypePublic
HQDenver, US
Websitegeneralcann.com

Latest Updates

Employees (est.) (Dec 2018)82(-1%)
Revenue (FY, 2019)$3.7 M(-20%)
Share Price (Sept 2020)$0.3 (-7%)
Cybersecurity ratingAMore

Key People/Management at General Cannabis

Robert Frichtel

Robert Frichtel

CEO
Joe Hodas

Joe Hodas

COO
Brian Andrews

Brian Andrews

CFO
Hunter Garth

Hunter Garth

Managing Director - Iron Protection Group Security
Bryan Dehaven

Bryan Dehaven

Managing Director - Chiefton Supply Co
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General Cannabis Office Locations

General Cannabis has an office in Denver
Denver, US (HQ)
6565 E Evans Ave
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General Cannabis Financials and Metrics

General Cannabis Revenue

General Cannabis's revenue was reported to be $3.67 m in FY, 2019
USD

Revenue (Q2, 2020)

1.7m

Gross profit (Q2, 2020)

558.5k

Gross profit margin (Q2, 2020), %

32.2%

Net income (Q2, 2020)

(1.9m)

EBIT (Q2, 2020)

(1.7m)

Market capitalization (17-Sept-2020)

17.6m

Closing stock price (17-Sept-2020)

0.3

Cash (30-Jun-2020)

1.2m

EV

21.3m
General Cannabis's current market capitalization is $17.6 m.
Annual
USDFY, 2011FY, 2012FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.1k171.7k1.8m3.0m3.5m4.6m3.7m

Cost of goods sold

31.2k48.1k68.5k115.2k77.0k380.6k590.6k1.6m

Gross profit

(44.0k)103.1k1.6m2.9m3.1m4.0m2.1m

Gross profit Margin, %

(1062%)60%93%97%89%87%56%
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

1.1k1.6k455.048.8k435.029.3k42.7k427.2k593.3k692.1k701.9k810.4k719.1k833.6k980.0k942.5k1.1m1.1m1.4m1.4m1.5m1.7m1.7m

Cost of goods sold

231.0317.0602.04.6k183.017.3k25.1k5.8k28.1k28.3k15.4k77.3k18.6k189.5k32.5k77.7k44.3k52.6k412.0k467.8k280.5k1.2m1.2m

Gross profit

828.0(3.0k)272.0(16.9k)4.3k421.4k565.2k663.8k686.6k733.1k700.5k644.1k947.5k864.8k1.1m1.0m977.3k889.1k1.2m432.8k558.5k

Gross profit Margin, %

72%(189%)60%(3882%)15%99%95%96%98%90%97%77%97%92%96%95%70%66%81%26%32%
Annual
USDFY, 2011FY, 2012FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(58.7k)(20.3k)(6.9m)(8.8m)(32.8m)(8.2m)(17.0m)

Depreciation and Amortization

66.3k282.8k394.2k125.9k149.5k

Inventories

(70.3k)(67.1k)(7.5k)26.8k(88.5k)(23.8k)

Accounts Payable

60.1k80.5k326.2k(311.6k)
USDQ2, 2011

Financial Leverage

1 x
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General Cannabis Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

General Cannabis Online and Social Media Presence

Embed Graph

General Cannabis News and Updates

General Cannabis Corp Announces New Chief Financial Officer; Appoints Board Members and Chairman

DENVER, Sept. 14, 2020 (GLOBE NEWSWIRE) -- General Cannabis Corp (OTCQB: CANN) announced today it has named Diane Jones as Chief Financial Officer. Jones brings deep experience in accounting and financial planning and has held key executive positions at publicly-held companies. She becomes a membe…

General Cannabis Corp. Announces Multi-Million Dollar Strategic Equity Investment

Investment by Hershey Strategic Capital LP and Shore Ventures III, LP will significantly strengthen balance sheet and enable the Company to leverage its position as one of the only publicly traded companies approved to acquire licensed cannabis assets

General Cannabis Corp. Receives Key Regulatory Approval from State of Colorado

Colorado’s Marijuana Enforcement Division Approves General Cannabis Corp. to acquire licensed cannabis operations throughout the state Colorado’s Marijuana Enforcement Division Approves General Cannabis Corp. to acquire licensed cannabis operations throughout the state

General Cannabis Corp. to Acquire Cannasseur

Strategic Rollup Strategy Drives Revenue Growth, Creating Increased Shareholder Value Strategic Rollup Strategy Drives Revenue Growth, Creating Increased Shareholder Value

General Cannabis Signs Purchase Agreement to Acquire SevenFive Farm

Acquisition will increase revenue and EBITDA and provide a foundational block for Colorado expansion Acquisition will increase revenue and EBITDA and provide a foundational block for Colorado expansion

General Cannabis Announces Entry into Term Sheet to Acquire Hälsa Holdings Inc.

Acquisition will strengthen General Cannabis’s management team and add three revenue producing assets Acquisition will strengthen General Cannabis’s management team and add three revenue producing assets
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General Cannabis Frequently Asked Questions

  • Who are General Cannabis key executives?

    General Cannabis's key executives are Robert Frichtel, Joe Hodas and Brian Andrews.

  • How many employees does General Cannabis have?

    General Cannabis has 82 employees.

  • What is General Cannabis revenue?

    Latest General Cannabis annual revenue is $3.7 m.

  • What is General Cannabis revenue per employee?

    Latest General Cannabis revenue per employee is $44.7 k.

  • Who are General Cannabis competitors?

    Competitors of General Cannabis include BDS Analytics, Acreage and The Green Organic Dutchman.

  • Where is General Cannabis headquarters?

    General Cannabis headquarters is located at 6565 E Evans Ave, Denver.

  • Where are General Cannabis offices?

    General Cannabis has an office in Denver.

  • How many offices does General Cannabis have?

    General Cannabis has 1 office.