Growth Metrics

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

Greater Cannabis Company has reported Gross Margin over the past 5 years, most recently at 0.2% for Q2 2021.

  • For Q2 2021, Gross Margin fell 10.0% year-over-year to 0.2%; the TTM value through Dec 2021 reached 0.2%, down 273.0%, while the annual FY2021 figure was 0.2%, 10.0% down from the prior year.
  • Gross Margin for Q2 2021 was 0.2% at Greater Cannabis Company, down from 0.1% in the prior quarter.
  • Over five years, Gross Margin peaked at 100.0% in Q1 2018 and troughed at 0.2% in Q2 2021.
  • A 5-year average of 40.73% and a median of 41.1% in 2017 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: soared 2117bps in 2018 and later decreased -10bps in 2021.
  • Year by year, Gross Margin stood at 51.47% in 2017, then rose by 21bps to 62.26% in 2018, then plummeted by -51bps to 30.56% in 2019, then tumbled by -100bps to 0.1% in 2020, then plummeted by -107bps to 0.2% in 2021.
  • Business Quant data shows Gross Margin for GCAN at 0.2% in Q2 2021, 0.1% in Q2 2020, and 30.56% in Q4 2019.