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Canada's Trees Q1 Revenue Grows 106% YoY, What About Adjusted EBITDA?
Friday, August 11, 2023 - 9:49am | 421Trees Corporation (CBOE: TREE) released its first quarter financial results for the three month period ended June 30, 2023, revealing revenue of CA$4.05 million ($3 million), a 106% increase from the comparative period in 2022 and a 47% increase from the three months ended March 31, 2023. Q1 2023...
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Canada's Trees And 420 Investments To Merge In A Reverse Takeover
Thursday, July 13, 2023 - 8:03am | 425Trees Corporation (NEO:TREE) has entered into a business combination agreement dated July 12, 2023 with 420 Investments Ltd., pursuant to which the company and 420 will amalgamate, constituting a reverse takeover of the company by 420 under the policies of Cboe Canada, the new business name of the...
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Canada's Trees Q4 2022 Gross Revenue Grows 75% YoY To $2.1M
Wednesday, February 15, 2023 - 9:05am | 414Trees Corporation (NEO:TREE) released its fourth-quarter financial results, revealing gross revenue of CA$2.9 million ($2.1 million), a 75% increase compared to CA$1.6 million in the Q4 2021. Q4 2022 Financial Highlights Gross margin of CA$1.1 million, or 37% of sales, a 99% increase over the...
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Canada's Trees Secures $745K Via Private Placement
Monday, November 28, 2022 - 12:16pm | 477Trees Corporation (NEO:Tree) has completed the closing of a non-brokered private placement of 745 units of the company at a price of $1,000 per unit for gross proceeds of approximately $745,000. The closing is expected to be the final tranche closing in the larger offering for aggregate gross...
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Trees Corporation Reports Record Q3 Financial Results, Touts Strong Growth And Profitability
Tuesday, November 15, 2022 - 6:25pm | 444Trees Corporation (NEO: TREE) announced its third-quarter financial results Monday for the three and nine-month periods ended September 30, 2022, and 2021. Highlights of the Third Quarter Of 2022 Record Sales and System-wide sales of $2.5 million and $3.7 million respectively, for...
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Canada's Trees Corp. Secures $200K Via Private Placement
Friday, October 21, 2022 - 8:44am | 415Trees Corporation (NEO: Tree) has completed the closing of a non-brokered private placement of 200 units of the company at a price of $1,000 per unit for gross proceeds of approximately $200,000. The closing is expected to form part of a larger offering for gross proceeds of up to $1...
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Trees Q1 Revenue Grows 225% YoY, Reduces Corporate Debt
Tuesday, May 17, 2022 - 10:08am | 407Trees Corporation (NEO:TREE) released its first-quarter financial results for the three months ended March 31, 2022 revealing revenue of $1.7M, a 225% increase in corporate store retail revenue over the same period in the prior year, delivery of a 31% corporate store retail gross margin. Q1...
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Trees Appoints Lisa Dea To Its Board Of Directors
Friday, March 18, 2022 - 10:56am | 278Trees Corporation (NEO: TREE) has appointed Lisa Dea to its board of directors. Jeffrey Holmgren, president and chief financial officer of Trees, stated "We are thrilled to welcome Lisa to the board as an independent director. Lisa's financial and operational background, coupled...