CANN
Trees Corporation0.0472
-0.0011-2.28%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
5.13MP/E (TTM)
-Basic EPS (TTM)
-0.05Dividend Yield
0%Recent Filings
8-K
Debt restructure, acquisition close
Trees Corporation restructured its debt on June 20, 2025, issuing a $6.7 million first senior secured note to TCM Tactical Opportunities Fund II LP—maturing March 15, 2026—with a 2x liquidation preference on default or liquidity event, while amending original notes to mature September 15, 2026, at 12% interest. The company completed its Beddor Claude acquisition on June 30, 2025, for $1.7 million, gaining cannabis dispensary and cultivation licenses in Wheat Ridge, Colorado, under a five-year lease with $8,600 monthly rent. It also extended interim CEO Adam Hershey's consulting agreement through two years at $200,000 annually plus 10% equity vesting. Debt hangs heavy.
8-K
TREES settles lease dispute
TREES Corp. subsidiaries settled a lease dispute with Six Mile BP, LLC, terminating the Boulder facility lease effective June 1, 2025, for $171,760 in cash payments—$50,000 upfront, $10,000 monthly through March 2026, plus retained security deposit. This resolves all claims, including a pending eviction lawsuit, freeing the company from further liabilities. Surrender clears the space. Litigation ends cleanly.
8-K
Trees acquires dispensary, promotes CFO
Trees Corporation agreed to acquire Chronic Therapy, a licensed Colorado marijuana dispensary in Wheat Ridge, for $1.75 million, with $1.49 million at closing and $262,500 held back for indemnification over two years; the deal hinges on regulatory approval from the Colorado Marijuana Enforcement Division by June 30, 2025, and includes a five-year lease at $8,600 monthly base rent, escalating to $9,679. On February 1, 2025, Mikayla Gilbert, 32, was promoted to CFO with a $120,000 salary, replacing Edward Myers who resigned as COO and interim CFO. Leadership stabilizes amid expansion. Regulatory hurdles loom.
8-K
Trees sells Oregon license
Trees Corporation agreed to sell its retail marijuana license for a Portland, Oregon dispensary to Broadway Project for $50,000 on November 20, 2024, with $12,500 paid upfront and the balance due at closing. The deal hinges on approvals from the Oregon Liquor and Cannabis Commission and local authorities, while the buyer covers renewal fees estimated at $5,000. This divestiture streamlines Trees' operations. Regulatory delays could stall completion.
8-K
Secures $1.25M debt, settles obligations
Trees Corporation secured $1,250,000 in senior debt from TCM Tactical Opportunities Fund II LP on November 8, 2024, at 12% interest maturing September 15, 2026, with a 1.5x liquidation preference and 2,500,000 warrants issued at a 1.25x premium to recent OTCQB trading average. The company also settled a $1.5 million asset purchase obligation with Headgate III for $802,500, terminating a punitive lease clause. This bolsters liquidity while trimming legacy liabilities. Warrants extend to 2029.
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