M&A
confidence high
sentiment neutral
materiality 0.35
Trees Corp agrees to acquire Station 2 assets for $641K; includes Denver marijuana store licenses
TREES Corp (Colorado)
- Purchase price of $641,454.27: $256,581.71 cash at closing plus $16,036.36/mo for 24 months.
- Assets include Retail Marijuana Store License 402R-00884 and Medical Marijuana Center License 402-01263 in Denver.
- Transaction is a material modification to the original Trees Acquisition disclosed in April 2021 Form 8-K.
- Seller Timothy Brown is TREES board member and Chief Visionary Officer; deal subject to Colorado MED approval.