---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014007"
form_type: "8-K/A"
ticker: "CANN"
cik: "0001477009"
company_name: "TREES Corp (Colorado)"
filed_at: "2022-08-26T23:59:59+00:00"
generated_at: "2026-06-23T21:00:27.814663+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Trees Corp amends 8-K to add TDM LLC audit opinion; going concern and pending acquisition disclosed

## Summary
- Audit opinion for TDM LLC 2019 financials added; going concern uncertainty due to dependence on unguaranteed financing.
- TDM LLC 2020 net sales $13.5M, net income $1.29M; 2019 net sales $10.7M, net income $1.34M.
- Related party store lease with Bellewood Holdings; owner compensation $280K annually.
- Subsequent event: TDM LLC, Trees Portland, Trees Waterfront to be acquired by General Cannabis for $5M cash + shares, pending Colorado MED approval.

## SEC filing metadata
- accession: 0001558370-22-014007
- form_type: 8-K/A
- ticker: CANN
- cik: 0001477009
- company_name: TREES Corp (Colorado)
- filed_at: 2022-08-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477009/000155837022014007/0001558370-22-014007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477009/000155837022014007/cann-20210902x8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014007
- JSON: https://secwatch.observer/filing/0001558370-22-014007.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014007.txt

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