General Cannabis Corp completes acquisition of Trees dispensary in Englewood, CO for cash and stock

TREES Corp (Colorado)

Cash consideration of $1,155,256.09 and 22,380,310 shares of common stock paid at closing.
Additional deferred cash of $1,732,884.14 payable in 24 equal monthly installments.
Timothy Brown, sole owner of Seller, elected to Board of Directors effective September 7, 2021.
Brown also appointed to Board's Nominating Committee.

item 2.01 item 5.02 item 3.02 item 9.01

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Appointed

Timothy Brown

Director

CANN · TREES Corp (Colorado)

Effective: 2021-09-07
Filed: September 8, 2021, 7:59 PM ET

On September 7, 2021, Timothy Brown was elected to serve on the Company’s Board of Directors until the next annual meeting of stockholders of the Company and until his successor is duly elected and qualified.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy Brown was elected as Director at TREES Corp (Colorado).

Action: elected
Role: Director

Exact text from the filing

On September 7, 2021, Timothy Brown was elected to serve on the Company’s Board of Directors until the next annual meeting of stockholders of the Company and until his successor is duly elected and qualified.

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TREES Corp (Colorado) filing history →

Source: SEC EDGAR

accession 0001558370-21-012303

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