TREES Corp (Colorado) CANN

TREES Corporation is a cannabis retailer and cultivator operating in the states of Colorado and Oregon. The company runs five licensed dispensaries that sell both recreational and medical marijuana products and maintains two cultivation facilities that produce cannabis flower and related products for wholesale and internal use. Its core strategy involves acquiring, integrating and optimizing cannabis businesses to create a vertically integrated network that controls both production and retail distribution.

TREES Corporation generates revenue primarily from the sale of cannabis through its dispensary locations and from wholesale cultivation output. Retail sales derive from direct consumer purchases at its stores in Englewood, Denver, Longmont and two Portland locations. Cultivation revenue comes from supplying cannabis flower to its own dispensary stores and to external wholesale clients, with related‑party sales eliminated in consolidation. The company’s income reflects the combined performance of its retail and cultivation operations.

The company operates through the following segments:

• Retail: This segment encompasses the five licensed dispensaries that sell recreational and medical marijuana to consumers, providing over the counter access to flower, edibles, concentrates and other cannabis derived products.

• Cultivation: This segment consists of two indoor/outdoor grow facilities in Colorado that cultivate cannabis flower for wholesale distribution to the company’s own dispensary stores and to third party vendors, with intercompany sales removed from consolidated results.

Within the competitive cannabis landscape of Colorado and Oregon, TREES Corporation positions itself as a vertically integrated operator that controls both cultivation and retail, allowing it to manage product quality and supply chain costs. The company faces competition from other multi state operators, standalone dispensaries and independent growers, but differentiates itself through its integrated model, experienced management team and focus on optimizing acquired assets.

The retail segment serves individual consumers seeking recreational and medical marijuana, while the cultivation segment supplies its own dispensary locations and external wholesale customers that include other cannabis retailers and product manufacturers. Specific customer names are not disclosed in the filing.