Greater Cannabis Company (GCAN) Gross Margin (2017 - 2021)

Greater Cannabis Company's Gross Margin history runs 5 years deep, the most recent figure standing at 0.2% for Q2 2021.

• In Q2 2021, Gross Margin fell 10.0% year-over-year to 0.2%; the TTM figure through Dec 2021 stood at 0.2% (down 273.0% YoY), while the FY2021 annual figure was 0.2%, down 10.0% from the prior year.
• Gross Margin was 0.2% for Q2 2021 at Greater Cannabis Company, down from 0.1% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 100.0% in Q1 2018 to a low of 0.2% in Q2 2021.
• Historically, Gross Margin has averaged 40.73% across 5 years, with a median of 41.1% in 2017.
• The sharpest annual moves came in 2018 and 2021: Gross Margin soared 2117 bps in 2018, then decreased 10 bps in 2021.
• A 5-year view of Gross Margin shows it stood at 51.47% in 2017, then grew by 21 bps to 62.26% in 2018, then tumbled by 51 bps to 30.56% in 2019, then sank by 100 bps to 0.1% in 2020, then sank by 107 bps to 0.2% in 2021.
• The last three Gross Margin figures came in at 0.2% (Q2 2021), 0.1% (Q2 2020), and 30.56% (Q4 2019), per Business Quant data.