secwatch.observer — SEC 8-K summary
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Issuer:     TREES Corp (Colorado) (CANN)
CIK:        0001477009
Form:       8-K
Filed at:   2021-09-08T23:59:59+00:00
Accession:  0001558370-21-012303
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 5.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477009/000155837021012303/0001558370-21-012303-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477009/000155837021012303/cann-20210902x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-012303

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer