secwatch.observer — SEC 8-K summary
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Issuer:     TREES Corp (Colorado) (CANN)
CIK:        0001477009
Form:       8-K/A
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001558370-23-003476
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trees Corp files amended 8-K with audited financials of acquired Green Tree entities; sales $10M, net loss in 2021
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- Green Tree Combined Entities reported 2021 sales of $10.0M vs $9.9M in 2020; net loss of $88K in 2021 vs net income of $224K in 2020.
- Total assets $3.5M, members' equity $2.3M as of Dec 31, 2021; cash $156K.
- Acquisition of substantially all assets of Green Tree was previously reported Dec 2022; this amendment provides required historical financial statements.
- Audited by BF Borgers CPA PC; entities operate cannabis cultivation and retail in Colorado.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477009/000155837023003476/0001558370-23-003476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477009/000155837023003476/cann-20221212x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-003476

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer