---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-052868"
form_type: "8-K"
ticker: "CANN"
cik: "0001477009"
company_name: "TREES Corp (Colorado)"
filed_at: "2024-06-14T23:59:59+00:00"
generated_at: "2026-06-01T04:17:45.223263+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TREES Corp enters $500K secured note; restructures $500K working capital note liquidation terms

## Summary
- New $500K senior secured promissory note to TCM Tactical Opportunities Fund II LP, 12% interest, matures Sept 15, 2026.
- Amended & restated prior $500K working capital note to align liquidation preference with new note.
- Both notes rank pari passu; liquidation priority elevated ahead of Dec 2023 convertible notes and existing debt.
- Proceeds not specified; notes are secured and prepayable by borrower.

## SEC filing metadata
- accession: 0001213900-24-052868
- form_type: 8-K
- ticker: CANN
- cik: 0001477009
- company_name: TREES Corp (Colorado)
- filed_at: 2024-06-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477009/000121390024052868/0001213900-24-052868-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477009/000121390024052868/ea0207856-8k_treescorp.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-052868
- JSON: https://secwatch.observer/filing/0001213900-24-052868.json
- Plain text: https://secwatch.observer/filing/0001213900-24-052868.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.