{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-014458","form_type":"8-K","ticker":"CANN","cik":"0001477009","company_name":"TREES Corp (Colorado)","filed_at":"2022-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.871501+00:00","generated_at":"2026-06-23T08:47:42.041883+00:00","sec_items":["1.01","2.03","3.02","5.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Trees Corp acquires Green Tree assets for $500K cash + 18M shares; issues $13.5M convertible notes","bullets":["Purchase price: $500K cash at closing, 17,977,528 shares of common stock, plus $3.5M cash in 15 monthly payments.","Issued $13.5M senior secured convertible notes (12% interest, mature Sept 2026); investors also received warrants at $0.70/share.","Appointed Edward Myers as COO; Adam Hershey remains interim CEO under new consulting agreement at $200K/year.","Acquisition is contingent on approval from Colorado Marijuana Enforcement Division; multiple closings possible.","Employment agreements for Allyson Feiler (CMO, $225K salary) and Loree Schwartz (CCO, $150K salary) with bonuses."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-014458","json":"https://secwatch.observer/filing/0001558370-22-014458.json","markdown":"https://secwatch.observer/filing/0001558370-22-014458.md","text":"https://secwatch.observer/filing/0001558370-22-014458.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1477009/000155837022014458/0001558370-22-014458-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1477009/000155837022014458/cann-20220913x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T08:47:42.041883+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b5dbcfa181","claim":"Edward Myers was appointed as Chief Operating Officer at TREES Corp (Colorado).","evidence_excerpt":"On September 16, 2022, the Company appointed Edward Myers, 63, as its Chief Operating Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1477009/000155837022014458/0001558370-22-014458-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}