secwatch.observer — SEC 8-K summary
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Issuer:     TREES Corp (Colorado) (CANN)
CIK:        0001477009
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001213900-25-034363
Event type: litigation
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trees Corp subsidiary settles eviction suit, pays $171,760 to terminate Boulder lease
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- GT Cultivation and Green Tree Colorado to pay Six Mile BP $171,760 to settle eviction and back-rent claims.
- Lease for 6859 N. Foothills Hwy, Boulder, CO terminated; premises must be vacated by June 1, 2025.
- Payment schedule: $50,000 upfront, then $10,000/month for 11 months; $11,760 security deposit retained by Six Mile.
- GT Retail, LLC provides corporate guarantee for payment and performance under settlement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477009/000121390025034363/0001213900-25-034363-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477009/000121390025034363/ea0239087-8k_treescorp.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-034363

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