secwatch.observer — SEC 8-K summary
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Issuer:     TREES Corp (Colorado) (CANN)
CIK:        0001477009
Form:       8-K
Filed at:   2022-04-08T23:59:59+00:00
Accession:  0001558370-22-005213
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477009/000155837022005213/0001558370-22-005213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477009/000155837022005213/cann-20220405x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-005213

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