General Cannabis reduces grow facility rent to $27k/mo; board member Dalton becomes consultant at $500/month

TREES Corp (Colorado)

Base rent on Boulder, CO grow facility reduced to $27,000/mo for 2022; prior rate not disclosed.
John Barker Dalton's role changed from employee to consultant; compensation reduced to $500/month.
Dalton is a board member and sole owner of landlord Dalton Farms; related-party transaction.
Lease amended includes purchase option for property if employment terminates, at fair market value.

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