---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-003662"
form_type: "8-K/A"
ticker: "CANN"
cik: "0001477009"
company_name: "TREES Corp (Colorado)"
filed_at: "2022-03-15T23:59:59+00:00"
generated_at: "2026-06-26T22:43:50.063869+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# General Cannabis amends 8-K with Trees Portland and Waterfront audited financials

## Summary
- Trees Portland 2020 net sales $3.09M, net loss $27.9K; 2019 net loss $39.2K.
- Consideration: $5M cash plus General Cannabis common stock; TDM sale closed Sep 2, 2021.
- Remaining entities sale subject to Oregon Liquor and Cannabis Commission approval.
- Trees Portland negative equity $82.3K at Dec 31, 2020; auditor flags going concern.

## SEC filing metadata
- accession: 0001558370-22-003662
- form_type: 8-K/A
- ticker: CANN
- cik: 0001477009
- company_name: TREES Corp (Colorado)
- filed_at: 2022-03-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477009/000155837022003662/0001558370-22-003662-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477009/000155837022003662/cann-20211230x8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-003662
- JSON: https://secwatch.observer/filing/0001558370-22-003662.json
- Plain text: https://secwatch.observer/filing/0001558370-22-003662.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.