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.

• On a quarterly basis, Gross Margin fell 10.0% year-over-year to 0.2% in Q2 2021; TTM through Dec 2021 was 0.2%, a 273.0% decrease from a year earlier, with the FY2021 full-year figure at 0.2%, down 10.0% from the prior year.
• Gross Margin declined to 0.2% in Q2 2021 per GCAN's latest filing, from 0.1% in the prior quarter.
• Across five years, Gross Margin topped out at 100.0% in Q1 2018 and bottomed at 856.45% in Q3 2019.
• The 5-year median for Gross Margin is 35.83% (2017), against an average of 71.42%.
• Across the five-year window, Gross Margin surged 2117 bps in 2018 and dropped 10 bps in 2021, its largest moves.
• Year by year, Gross Margin stood at 51.47% in 2017, then grew by 21 bps to 62.26% in 2018, then sank by 51 bps to 30.56% in 2019, then tumbled by 100 bps to 0.1% in 2020, then tumbled by 107 bps to 0.2% in 2021.
• Per Business Quant, the three latest GCAN Gross Margin figures stand at 0.2% (Q2 2021), 0.1% (Q2 2020), and 30.56% (Q4 2019).