other material
confidence high
sentiment neutral
materiality 0.30
TREES Corp sells Oregon retail marijuana license for $50k through subsidiary
TREES Corp (Colorado)
- Purchase price $50,000; $12,500 paid on execution, $37,500 due at closing.
- Buyer also to pay license renewal/application fees estimated at $5,000.
- Closing conditioned on approval from OLCC and applicable local regulatory authority.
- Sale covers retail marijuana license for dispensary at 7048-7050 NE MLK Blvd, Portland, OR.