Trees CORP (colorado)

Market Movers (8-K)

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Trees Corporation completed a significant debt restructuring, acquired a Colorado cannabis dispensary and cultivation, and revised its CEO's compensation package.
Worse than expected
Capital raise
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TREES Corporation's subsidiaries, GT Cultivation LLC and Green Tree Colorado, LLC, settled with Six Mile BP, LLC to terminate a lease agreement, resulting in a $171,760 payment to Six Mile.
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Trees Corporation expands its Colorado presence with the acquisition of Chronic Therapy and promotes Mikayla Gilbert to Chief Financial Officer.
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TREES Corporation has agreed to sell its Oregon retail marijuana license to Broadway Project, Inc. for $50,000, pending regulatory approval.
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Trees Corporation has entered into a new financing agreement, amended existing warrants, and settled a debt obligation, marking a significant financial restructuring.
Capital raise
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TREES Corporation has entered into a new $500,000 senior secured promissory note and amended a previous working capital note, both with TCM Tactical Opportunities Fund II LP.
Worse than expected
Capital raise

Quarterly Earnings (10-Q)

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TREES Corporation's Q3 2024 results show a decrease in revenue and continued net losses, impacted by the reversal of a previous acquisition and changes in cultivation operations.
Worse than expected
Capital raise
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TREES Corporation's Q2 2024 results show a decrease in revenue compared to the previous year, alongside a net loss, but also some improvements in operating income.
Worse than expected
Capital raise
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Trees Corporation's first quarter 2024 results show a decrease in revenue compared to the same period last year, primarily due to the reversal of a previous acquisition.
Worse than expected
Capital raise

Annual Reports (10-K)

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TREES Corporation has filed an amendment to its annual report on Form 10-K to include required disclosures under Part III of the form.
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TREES Corporation's 2023 annual report reveals a year of significant restructuring, acquisitions, and financial challenges in the cannabis retail and cultivation sectors.
Capital raise
Worse than expected

Insider Trading (Form 4)

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TCM Tactical Opportunities Fund II LP and related entities report amendments to warrant terms in TREES Corp, including a reduction in exercise price and extension of the expiration date.
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TREES Corp director Carl J Williams acquired 50,000 options through ALPHAZULU LLC, an entity he controls.
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Richard C. Travia, a director at TREES Corp, acquired 75,000 options exercisable for common stock on December 4, 2024.
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Director Richard C. Travia reports changes in beneficial ownership of TREES Corp derivative securities, including the acquisition and disposal of options.
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Director Carl J Williams reports the acquisition of options through ALPHAZULU LLC, where he holds a 51% ownership.

Schedule 13G - Passive Investments

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A group of investors led by Douglas M. Troob and Peter J. Troob has increased its beneficial ownership in Trees Corp to 12.1% of the common stock as of December 31, 2024, primarily through warrants and convertible notes.
Capital raise