TREES Corp (Colorado) completed an acquisition involving Beddor Claude LLC d/b/a Chronic Therapy for $1,704,827.87 (adjusted from original purchase price to reflect a purchase price adjustment in favor of the Company) (closed 2025-06-30).
“to operate a cannabis dispensary and a cannabis cultivation as well as related assets in Wheat Ridge, Colorado. Upon the closing, the Company paid an aggregate amount of $1,704,827.87 (adjusted from original purchase price to reflect a purchase price adjustment in favor of the Company), $262,500 of which was delivered into escrow as a holdback against potential”
Edward Myers resigned as Chief Operating Officer and Interim Chief Financial Officer at TREES Corp (Colorado).
“On February 1, 2025, Edward Myers resigned from his positions as Chief Operating Officer and Interim Chief Financial Officer of the Company.”
Mikayla Gilbert changed role as Chief Financial Officer at TREES Corp (Colorado).
“On February 1, 2025, Mikayla Gilbert, 32, was promoted (replacing Edward Myers) to serve as Chief Financial Officer of the Company.”
Debt Financings
TREES Corp (Colorado) amended convertible notes of $13,500,000 with certain accredited investors.
“note offering consummated in September 2022, pursuant to which the Company issued and sold senior secured convertible notes (the “Notes”) with an aggregate principal amount of $13,500,000 (“Principal Amount”) to such Investors (“Original Note Offering”). The material terms of the Amended Notes include no changes to the aggregate principal amount; the maturity”
Material Agreements
TREES Corp (Colorado) amended First Amendment to Securities Purchase Agreement and Security Agreement with Lead Investor (effective 2023-12-15).
“● Working capital – Lead Investor agreed to provide additional $250,000 on or after closing in a separate ‘Working Capital”
Material Agreements
TREES Corp (Colorado) entered into Working Capital Note with Lead Investor valued at $250,000 (effective 2023-12-15).
“● Working capital – Lead Investor agreed to provide additional $250,000 on or after closing in a separate ‘Working Capital”
Material Agreements
TREES Corp (Colorado) entered into Amended and Restated Senior Secured Convertible Notes with certain accredited investors valued at aggregate principal amount of $13,500,000 (effective 2023-12-15).
“On December 15, 2023, the Company entered into Amended and Restated Senior Secured Convertible Notes (“Amended Notes”) with certain accredited investors (“Investors”) party to that certain note offering consummated in September 2022, pursuant to which the Company issued and sold senior secured convertible notes (the “Notes”) with an aggregate principal amount of $13,500,000 (“Principal Amount”) to such Investors (“Original Note Offering”).”
Material Agreements
TREES Corp (Colorado) entered into Assignment of Assets with Station 2, LLC and Timothy Brown valued at extinguishment and satisfaction of debt and repayment of certain debts (effective 2023-08-17).
“On August 17, 2023, Trees Colorado, LLC, an indirect wholly-owned subsidiary of the Company (“Trees Colorado”), Station 2, LLC, a Colorado limited liability company (“Station 2”), and Timothy Brown (“Brown” and collectively with Station 2, “Assignees”) entered into an Assignment of Assets (“Assignment”), pursuant to which Trees Colorado agreed to transfer and assign to Station 2 and Brown, a State of Colorado and corresponding City and County of Denver retail marijuana store cannabis license and related assets owned by Trees Colorado relating to the licensed cannabis dispensary located at 468 S. Federal Boulevard, Denver, Colorado”
Allyson Feiler Downing resigned as Director at TREES Corp (Colorado).
“On August 3, 2023, Allyson Feiler Downing resigned from the Company’s Board of Directors.”
Material Agreements
TREES Corp (Colorado) entered into Transition Services Agreement with Green Tree Parties (effective 2023-07-01).
“On July 1, 2023, the parties also entered into a Transition Services Agreement pursuant to which the Green Tree Parties will provide certain administrative and management services on a transition basis to the Company in respect of the Transferred Assets in exchange for retaining all revenue generated from the businesses relating to the Transferred Assets; until such time as the transfer under the Settlement Agreement is consummated.”
Material Agreements
TREES Corp (Colorado) entered into Consulting Agreement with a newly-formed entity controlled by the Green Tree Parties together with Allyson Feiler Downing valued at $289,452.39 (effective 2023-07-01).
“Furthermore, also on July 1, 2023, the Company and a newly-formed entity controlled by the Green Tree Parties entered into a consulting agreement pursuant to which such entity together with Downing agreed to pay consulting fees to the Company in an aggregate amount equal to $289,452.39, subject to and conditioned upon the Company’s completion of payments under the APA to Michael Abrams of $562,380.95 (“Consulting Agreement”).”
Material Agreements
TREES Corp (Colorado) entered into Settlement Agreement with Allyson Feiler Downing and Loree Schwartz (Green Tree Parties) (effective 2023-07-01).
“On July 1, 2023, the Company and its subsidiaries Green Tree Colorado, LLC, Green Tree Cultivation LLC, GT Retail LLC, and Green Tree MIP LLC, each a Colorado limited liability company, entered into a settlement agreement (“Settlement Agreement”) with Allyson Feiler Downing (“Downing”) and Loree Schwartz (“Schwartz” and together with Downing, “Green Tree Parties”), pursuant to which the Company and the Green Tree Parties agreed to transfer and assign to new entities controlled by the Green Tree Parties, cannabis licenses and related assets owned by (i) GT Retail relating to a cultivation facility and a retail dispensary located in Berthoud, Colorado; (ii) GT MIP relating to a ‘marijuana infused product’ dispensary located in Boulder County, Colorado; and (iii) certain intellectual property in respect thereof (collectively, the “Transferred Assets”).”
Allyson Feiler Downing was terminated as Chief Marketing Officer at TREES Corp (Colorado).
“On July 1, 2023, the Company terminated the employment of Allyson Feiler Downing, the Company’s Chief Marketing Officer and a member of the Company’s Board of Directors.”
M&A Transactions
TREES Corp (Colorado) completed an acquisition involving Station 2, LLC for $256,581.71 cash plus $384,872.56 payable over 24 months (closed 2023-02-03).
“all of the assets of Station 2, LLC, a Colorado limited liability company (“Station 2”). At the closing, the Company delivered to Station 2 an aggregate of cash equal to $256,581.71. An additional $384,872.56 in cash will be paid by the Company to Station 2 in twenty-four (24) equal monthly payments of $16,036.36 each per month commencing on the first full”
Edward Myers was appointed as Interim Chief Financial Officer at TREES Corp (Colorado).
“On February 3, 2023, Edward Myers, 63, was appointed as the Interim Chief Financial Officer of the Company.”
Jessica Bast resigned as Chief Financial Officer at TREES Corp (Colorado).
“On February 3, 2023, Jessica Bast resigned as the Company’s Chief Financial Officer.”
M&A Transactions
TREES Corp (Colorado) completed an acquisition involving GMC, LLC for $1,225,000 together with an aggregate of 4,494,382 shares of the Company’s common stock (closed 2022-12-19).
“of the assets of GMC, LLC, a Colorado limited liability company (“GMC”). At the closing, the Company delivered to GMC and equity holders thereof an aggregate of cash equal to $1,225,000 together with an aggregate of 4,494,382 shares of the Company’s common stock, par value $0.01 per share (“Common Stock”). An additional $1,500,000 in cash will be paid by the”
M&A Transactions
TREES Corp (Colorado) completed an acquisition involving Green Tree Entities (Ancient Alternatives LLC, Natural Alternatives For Life, LLC, Mountainside Industries, LLC, Hillside Enterprises, LLC, and GT Creations, LLC) for $500,000 cash and 17,977,528 shares of common stock (closed 2022-12-12).
“a Colorado limited liability company (collectively, the “Green Tree Entities”). At the closing, the Company delivered to the Green Tree Entities an aggregate of cash equal to $500,000 and delivered to equity holders of the Green Tree Entities an aggregate of 17,977,528 shares (“Buyer Shares”) of the Company’s common stock, par value $0.01 per share (“Common”
Allyson Feiler was appointed as Chief Marketing Officer at TREES Corp (Colorado).
“Also on December 12, 2022, the Company and Ms. Feiler entered into a two-year employment agreement, pursuant to which Ms. Feiler will be employed by the Company as its Chief Marketing Officer at an annual base salary of $225,000, with an agreed one-time bonus equal to $383,071.43”
Allyson Feiler was elected as Director at TREES Corp (Colorado).
“On December 12, 2022, Allyson Feiler was elected to serve on the Board until the next annual meeting of stockholders of the Company and until her successor is duly elected and qualified.”
John Barker Dalton resigned as Director at TREES Corp (Colorado).
“On December 12, 2022, John Barker Dalton resigned from the Company’s Board of Directors (“Board”).”
Material Agreements
TREES Corp (Colorado) entered into Lease with Victex Colorado LLC (effective 2022-11-21).
“On November 21, 2022, TREES Corporation (the “Company”) entered into an Office Building Lease (“Lease”) with Victex Colorado LLC (“Landlord”), pursuant to which the Company agreed to lease from Landlord, and Landlord agreed to lease to the Company, approximately 3,776 square feet of office space located at 215 Union Boulevard, Lakewood, Colorado 80228 (“Building”).”
Material Agreements
TREES Corp (Colorado) entered into Asset Purchase Agreement with GMC, LLC and certain equity holders of GMC party thereto valued at $1,200,000 payable at closing; 4,494,382 shares of common stock; and an amount equal to $83,333.33 p (effective 2022-10-28).
“On October 28, 2022, TREES Corporation (the “Company”) and a newly-formed subsidiary thereof entered into an Asset Purchase Agreement (“APA”) with GMC, LLC (“GMC”) and certain equity holders of GMC party thereto, pursuant to which the Company agreed to purchase substantially all of the assets of GMC, including two cannabis licenses held by GMC, certain inventory, contracts and other related assets (“GMC Acquisition”).”
Edward Myers was appointed as Chief Operating Officer at TREES Corp (Colorado).
“On September 16, 2022, the Company appointed Edward Myers, 63, as its Chief Operating Officer.”
Timothy Brown was elected as Director at TREES Corp (Colorado).
“Timothy Brown, a newly-elected member of the Board”
Timothy Brown was appointed as Chief Visionary Officer at TREES Corp (Colorado).
“Mr. Brown will serve as the Company’s Chief Visionary Officer for a term of two years”
Diane Jones resigned as Chief Financial Officer at TREES Corp (Colorado).
“On September 3, 2021, Diane Jones resigned as the Company’s Chief Financial Officer.”
Jessica Bast was appointed as Chief Financial Officer at TREES Corp (Colorado).
“On September 6, 2021, Jessica Bast, 43, was appointed as the Chief Financial Officer of General Cannabis Corp (the “Company”).”
Timothy Brown was elected as Director at TREES Corp (Colorado).
“On September 7, 2021, Timothy Brown was elected to serve on the Company’s Board of Directors until the next annual meeting of stockholders of the Company and until his successor is duly elected and qualified.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.