{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-099084","form_type":"8-K","ticker":"CANN","cik":"0001477009","company_name":"TREES Corp (Colorado)","filed_at":"2024-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.545077+00:00","generated_at":"2026-05-29T23:43:16.371569+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Trees Corp. issues $1.25M 12% senior secured note, grants 2.5M warrants","bullets":["$1.25M senior secured note from TCM Tactical Opportunities Fund II at 12% interest, maturing Sept 15, 2026.","2.5M warrants granted at 1.25x 10-day avg OTCQB price, expiring Nov 15, 2029.","Exercise price of 6.5M existing warrants repriced to same level; expiration extended to Nov 15, 2029.","Paid $802,500 to Headgate III to fully satisfy asset purchase agreement; lease confession of judgment terminated.","Note has liquidation preference of 1.5x principal; ranks senior to prior notes except pari passu with two specific notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-099084","json":"https://secwatch.observer/filing/0001213900-24-099084.json","markdown":"https://secwatch.observer/filing/0001213900-24-099084.md","text":"https://secwatch.observer/filing/0001213900-24-099084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1477009/000121390024099084/0001213900-24-099084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1477009/000121390024099084/ea0220693-8k_treescorp.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T23:43:16.371569+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}