TREES Corp (Colorado) (CANN) Tax Rate (2010 - 2024)

TREES Corp (Colorado) (CANN) posted Tax Rate of 39.79% for Q3 2024, down 98.15% sequentially from 2146.04% in Q2 2024.

TREES Corp (Colorado) (CANN) Tax Rate (2010 - 2024) Analysis & Trends

TREES Corp (Colorado) has reported Tax Rate for 8 years, with the latest figure at 39.79% in Q3 2024.

Quarterly Tax Rate changed N/A year-over-year to 39.79% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 25.5% (down 2515.0% YoY) and the FY2023 annual result came in at 2.72%, down 52.0% from the prior year.
Tax Rate eased to 39.79% in Q3 2024 per CANN's latest filing, from 2146.04% in the prior quarter.
Over five years, Tax Rate peaked at 2146.04% in Q2 2024 and troughed at 15.67% in Q3 2020.
A 4-year average of 237.57% and a median of 4.55% in 2023 frame the typical range for Tax Rate.
The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 540 bps in 2023, then sank 617 bps in 2024.
Over 4 years, Tax Rate stood at 15.67% in 2020, then soared by 105 bps to 0.85% in 2022, then slumped by 636 bps to 4.55% in 2023, then soared by 974 bps to 39.79% in 2024.
According to Business Quant data, Tax Rate over the past three periods registered 39.79%, 2146.04%, and 10.93% for Q3 2024, Q2 2024, and Q1 2024 respectively.

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