California voters narrowly reject statewide minimum wage hike for the first time
CANN Stock | USD 0.04 0 2.78% |
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General |
- California voters officially rejected a statewide minimum wage hike for the first time, less than one year after the states 20 per hour fast food minimum wage went into effect. The 18 wage would have applied to all workers, not just those in fast food. Proponents argued that the wage increase is necessary to combat price hikes by corporations, and that raising the minimum wage creates jobs. Raising wages doesnt increase the cost of livingunfair corporate practices do,
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General Cannabis Fundamental Analysis
We analyze General Cannabis' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of General Cannabis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of General Cannabis based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Z Score
Z Score Comparative Analysis
General Cannabis is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
General Cannabis Corp Potential Pair-trading
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Peers
General Cannabis Related Equities
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VRNOF | Verano Holdings | 1.37 |
Other Information on Investing in General OTC Stock
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