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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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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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Trees To Acquire 5 Retail Cannabis Stores In British Columbia
Friday, September 2, 2022 - 9:00am | 343Trees Corporation (NEO:TREE), is now provincially licensed to operate in British Columbia, having received due diligence approval from the British Columbia Liquor and Cannabis Regulation Branch. Trees will now commence with the closing of its previously announced acquisition of five stores on...
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Cannabis Retailer Trees Sets New Record In July With System-Wide Sales Of $1.3M
Thursday, August 4, 2022 - 10:43am | 404Trees Corporation (NEO:TREE) has recorded another system-wide sales record in the month of July totaling $1.3 million, a 7% increase over the prior month. The company further expects to report record second-quarter system-wide sales of approximately $3.1 million (a 13% increase over the prior...
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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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Cannabis Retailer Trees Closes Miraculo Acquisition, Announces Leadership Changes
Tuesday, March 15, 2022 - 9:50am | 461Canadian cannabis retailer Trees Corporation (NEO: TREE) has completed its previously announced acquisition of Miraculo Inc. What Happened? Under the terms of the agreement, Miraculo amalgamated with 1000101203 Ontario Inc., a wholly-owned subsidiary of the company to form an amalgamated entity in...
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Cannabis Retailer Trees Debuts On NEO
Tuesday, January 11, 2022 - 10:57am | 301Cannabis retailer Trees Corporation announced Tuesday that it has received final approval to list its common shares on the Neo Exchange Inc. The Toronto-based said that trading is expected to commence at market open on Jan. 11, under the symbol "TREE." Jon Conquergood, the company's...