Trees Stock

Trees Corporation provides services and products to the regulated cannabis industry.

Business Strategy

The company focuses on identifying licensed cannabis assets that it can acquire; focusing on execution; and moving with an urgency that reflects its conviction and confidence in its ability to create the customers' loyalty and advocacy.

Segments

The company operates through two segments, Retail and Cultivation.

Retail

This segment, through the company's acquisition of TDM, LLC (TREES Englewood) in September 2021; the company's acquisition of Trees MLK, LLC in January 2022; and the company's acquisition of Trees Portland, LLC and Trees Waterfront, LLC in December 2021, operates a retail dispensary store in Englewood, Colorado and three retail stores in Portland, Oregon. The Trees MLK, LLC location is not in operation. This location should be operational in the second quarter of 2022.

Cultivation

This segment, through the company's acquisition of SevenFive Farm in May 2020, operates a 17,000 square foot licensed light deprivation greenhouse cultivation facility.

History

The company, a Colorado corporation, was incorporated in 2013. It was formerly known as Advanced Cannabis Solutions, Inc. and changed its name to General Cannabis Corp in 2015. Further, the company changed its name to Trees Corporation in June 2022.