Trees Corporation provides services and products to the regulated cannabis industry.
The company’s principal business model is to acquire, integrate, and optimize cannabis companies in the retail and cultivation segments utilizing the combined experience of entrepreneurs and synergistic operations of its vertically integrated network.
In February 2023, the company completed the acquisition of the assets of Station 2, LLC (‘Station 2’). The assets consist of a medical and retail cannabis licens...
Trees Corporation provides services and products to the regulated cannabis industry.
The company’s principal business model is to acquire, integrate, and optimize cannabis companies in the retail and cultivation segments utilizing the combined experience of entrepreneurs and synergistic operations of its vertically integrated network.
In February 2023, the company completed the acquisition of the assets of Station 2, LLC (‘Station 2’). The assets consist of a medical and retail cannabis license for a dispensary located in Denver, CO.
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 a series of acquisitions in 2021 and 2022, the company operated three retail dispensaries in Colorado and three retail dispensaries in Oregon as of December 31, 2023.
Cultivation
This segment, through the company’s acquisition of SevenFive Farm in May 2020, it operates a licensed 17,000 square foot 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.