secwatch.observer — SEC 8-K summary
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Issuer:     TREES Corp (Colorado) (CANN)
CIK:        0001477009
Form:       8-K/A
Filed at:   2022-08-26T23:59:59+00:00
Accession:  0001558370-22-014009
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trees Corp amends 8-K: adds 2019 audit opinion; subsidiary net loss, going concern
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- Trees Portland, LLC: net sales $3.09M (2020) vs $1.93M (2019); net loss $27,886 vs $39,158.
- Audit opinion includes going-concern warning for both subsidiaries due to dependence on uncertain financing.
- Subsequent event: Trees entered Asset Purchase Agreement with General Cannabis Corp for $5M cash and stock; TDM sale closed Sep 2021.
- Amendment corrects prior omission of 2019 audit opinion; no other changes to previously filed financials.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477009/000155837022014009/0001558370-22-014009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477009/000155837022014009/cann-20211230x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-014009

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