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OTCMKTS:CANN

TREES 8/14/2023 Earnings Report

TREES logo
$0.03 +0.00 (+5.45%)
As of 03:16 PM Eastern

TREES EPS Results

Actual EPS
-$0.02
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

TREES Revenue Results

Actual Revenue
$5.10 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

TREES Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

TREES Earnings Headlines

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About TREES

The Yield Growth Corp, which operates under the brand name TREES (OTCMKTS:CANN) and trades on the OTC Market under the symbol CANN, is a diversified cannabis company focused on cultivating, processing and distributing cannabis and cannabidiol (CBD) products. Since its pivot from oil and gas in 2018, the company has built a portfolio of licensed operations that span cultivation, extraction and finished-goods production. TREES’ integrated approach allows it to oversee product quality at every stage, from seed to shelf.

Through its wholly owned subsidiary Cannara Biotech Inc., TREES operates a state-of-the-art cultivation and processing facility in Canada that produces indoor and greenhouse-grown flower, plus a full range of extracts and concentrates. In the United States, the company has strategic partnerships and joint ventures — including Happy Cabbage Farms in Washington State — that supply licensed dispensaries with high-quality flower, vaporizable oils and pre-rolls. These operations are supported by proprietary extraction and formulation processes designed to enhance terpene profiles and cannabinoid potency.

Geographically, TREES serves both the Canadian and U.S. markets, leveraging cross-border expertise to navigate regulatory environments and optimize product formulations for regional consumer preferences. The company is also exploring expansion into additional U.S. states where adult-use and medical cannabis programs are legal, while maintaining an active pipeline of research collaborations aimed at broadening its product portfolio to include edibles, topicals and wellness supplements.

Originally incorporated in 2014 as Cantex Oil & Gas, the company completed its transformation into a cannabis-focused enterprise under the leadership of a senior management team with decades of combined experience in horticulture, extraction technology and capital markets. This team has guided TREES through licensing approvals, facility build-outs and branding initiatives, positioning the company for continued growth in the rapidly evolving global cannabis industry.

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