Trees Corp
treescann.comTrees Corp (CANN) is a cannabis retail and cultivation company that operates licensed dispensaries and grow facilities across Colorado and Oregon. Revenue comes from direct-to-consumer sales of cannabis products through its retail dispensary locations. As of the 10-K filed April 10, 2024, the company operated dispensaries in Englewood, Longmont, Denver, and Portland under operating and finance leases, alongside cultivation facilities in Boulder, Colorado. Trees Corp is a smaller reporting company with less than $100 million in revenue. It reported net losses of $7,082,258 and $9,475,067 for the years ended December 31, 2023 and December 31, 2022, respectively, and an accumulated deficit of $100,484,340 as of December 31, 2023. Cash and cash equivalents stood at $969,676 as of December 31, 2023. Management has disclosed substantial doubt about the company's ability to continue as a going concern, with operations funded primarily through debt and equity issuances.
Products & Services
Cannabis retail dispensaries operating under the Trees and Green Tree brands in Colorado and Oregon; cannabis cultivation facilities in Boulder, Colorado (SevenFive and Hillside facilities).
Revenue Model
Transactional retail sales of cannabis products to consumers through licensed dispensary locations in Colorado and Oregon.
Customers & Markets
Direct retail consumers purchasing cannabis products at licensed dispensary locations in Colorado and Oregon.
Geographic Exposure
Colorado (Englewood, Longmont, Denver, Boulder) and Oregon (Portland), based on dispensary and cultivation facility locations disclosed in the 10-K filed April 10, 2024. Corporate headquarters in Lakewood, CO.
Financial Snapshot
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