Trees
Trees Corporation is a Colorado-based, vertically-integrated cannabis MSO operating six recreational and medical dispensaries in Colorado and Oregon, plus the SevenFive Farm greenhouse in Boulder, serving retail cannabis consumers with flower, concentrates, edibles, and accessories.
- Company typePublic
- Founded2015
- HeadquartersNavajo, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Trees does
Trees Corporation is a Denver/Lakewood, Colorado-based, vertically-integrated multi-state cannabis operator (MSO) that runs six retail dispensaries across Colorado (Englewood, Longmont, and Denver/Hampden) and Oregon (Hazelwood, Corbett, and MLK in Portland), serving both recreational and medical cannabis consumers. Its product mix spans flower, concentrates, cartridges, edibles, beverages, topicals, smoking accessories, and branded merchandise, sold in-store and through an online express menu ordering system for in-store pickup. The company also operates SevenFive Farm, a 17,000 sq. ft. light-deprivation greenhouse cultivation facility in Boulder, Colorado, that produces Full Spectrum Cannabis products and feeds internal supply into its dispensary network, completing the seed-to-sale model.
Revenue is generated primarily through transactional retail cannabis sales at variable per-unit pricing, with a secondary stream from internal cultivation supplying company-owned dispensaries. The go-to-market is direct-to-consumer via physical storefronts complemented by online ordering, and the company pursues a stated roll-up acquisition strategy in mature U.S. cannabis markets, having acquired SevenFive Farm in May 2020 and Trees Dispensaries in September 2021. Trees trades on the OTCID Market under ticker CANN (formerly OTCQB), having filed a Form 15 with the SEC in March 2025 that suspended reporting obligations effective June 14, 2025. The company is led by an interim CEO and remains loss-making, with reported revenue of approximately $13.66M against persistent negative EBITDA and net income.
Trees firmographics
Firmographics- Name
- Trees
- Legal name
- Trees Corporation
- Website
- https://treescann.com
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Trees Corporation is a Colorado-based, vertically-integrated cannabis MSO operating six recreational and medical dispensaries in Colorado and Oregon, plus the SevenFive Farm greenhouse in Boulder, serving retail cannabis consumers with flower, concentrates, edibles, and accessories.
- Ownership category
- akta.pro rank
Trees industry classification
Industry- Product category
- Cannabis Retail
- akta.pro primary industry
- Cannabis Dispensary Chains & Multi-Location Operators (MSO/Regional) (CRANAFAD)
Keywords
Where Trees is headquartered
LocationHeadquarters
- HQ city
- Navajo
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
Trees business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Retail Cannabis Sales: Revenue generated from multi-state retail cannabis dispensaries selling recreational and medical marijuana products including flower, concentrates, cartridges, edibles, beverages, topicals, and accessories. Operates physical retail stores and online express menu ordering.
- Cultivation and Product Sales: Revenue from internal cultivation operations at SevenFive Farm producing cannabis flower and products for company-owned retail dispensaries. Full Spectrum Cannabis products including boutique strains.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Retail cannabis products - variable pricing by product category |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Trees product offering
Product offeringCore offering
Trees Corporation is a vertically-integrated multi-state cannabis operator (MSO) that cultivates, distributes, and retails recreational and medical cannabis. The company operates six retail dispensaries across Colorado and Oregon under the Trees Dispensaries brand, offering flower, concentrates, cartridges, edibles, beverages, topicals, and accessories. Cultivation is conducted at SevenFive Farm, a 17,000 sq. ft. light deprivation greenhouse in Boulder, Colorado, which produces Full Spectrum Cannabis products for company-owned retail stores.
Product overview
Trees Corporation operates as a vertically-integrated Multi-State Operator (MSO) in the regulated cannabis industry, combining retail dispensary operations with licensed cannabis cultivation. The company's core product portfolio consists of Trees Dispensaries (multi-state retail dispensary brand offering recreational and medical cannabis products across Colorado and Oregon) and SevenFive Farm (Boulder, Colorado-based 17,000 sq. ft. light deprivation greenhouse cultivation facility producing full spectrum cannabis products). Dispensary operations offer a wide range of cannabis product categories including flower, concentrates, cartridges, edibles, beverages, topicals, and accessories, with online ordering and in-store shopping available. The cultivation facility supplies products to company-owned dispensaries, completing the vertical integration.
Differentiator
Problem solved
Functional benefit
Products and services
- Trees Dispensaries Multi-state retail cannabis dispensary brand operating recreational and medical marijuana locations in Colorado and Oregon, offering cannabis flower, concentrates, cartridges, edibles, beverages, topicals, and accessories.
- SevenFive Farm Boulder, Colorado-based 17,000 sq. ft. light deprivation greenhouse cultivation facility producing Full Spectrum Cannabis products including boutique flower strains with attention to cannabinoid profile, potency, taste, and quality.
- Cannabis Flower Cannabis flower, shake, and joints sold at Trees Dispensaries for recreational and medical consumers.
- Cannabis Concentrates Cannabis concentrates including vape cartridges, wax, shatter, and live resin sold at Trees Dispensaries.
- Cannabis Edibles Cannabis-infused edibles including gummies, taffy, hard candies, cookies, chocolate bars, and savory snacks.
- Cannabis Beverages Cannabis-infused beverages and liquids including soda, juice, tinctures, and elixirs.
- Cannabis Topicals Cannabis-infused topicals including creams, lotions, oils, salves, transdermal patches, and balms.
- Smoking Accessories Smoking accessories including glass pipes and rigs, lighters, torches, rolling papers, and vape batteries sold at Trees Dispensaries.
- Trees Branded Merchandise Trees branded merchandise including T-shirts, sweat shirt hoodies, hats, stickers, and other swag items sold at Trees Dispensaries.
Companies that use Trees
Customer profileSegments1 record
Ideal customer profiles1 record
Trees technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Trees partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights4 records
Trees competitors and assessment
Company assessmentBroad incumbents
- Curaleaf Holdings: One of the largest U.S. multi-state cannabis operators with vertically integrated cultivation, processing, and retail across numerous states. Comparable to Trees as a publicly traded MSO pursuing the same retail-plus-cultivation model, but at vastly greater scale and geographic reach.
- Green Thumb Industries: Public MSO with cultivation, processing, and retail operations across multiple U.S. states. Directly comparable business model to Trees (vertically integrated cannabis), but operates in materially more markets and at significantly higher revenue scale.
- Trulieve Cannabis: Vertically integrated cannabis MSO combining branded cultivation with retail dispensaries, similar to Trees' model. Larger scale and broader geographic footprint, providing a reference point for Trees' potential growth trajectory.
- Cresco Labs: Multi-state operator with wholesale cultivation, processing, and retail under brands like Sunnyside. Comparable vertically integrated strategy and public-market listing to Trees, though operating at significantly greater scale.
- Verano Holdings: Public cannabis MSO operating dispensaries and cultivation facilities across multiple U.S. states. Direct competitor in the integrated MSO space, providing a like-for-like benchmark for Trees' revenue mix and unit economics.
- AYR Wellness: Multi-state cannabis operator combining cultivation, processing, and retail. Comparable to Trees in business model, with broader geographic reach that illustrates the scale gap between Trees and larger MSOs.
Direct peers
- Medicine Man Technologies (now Schwazze): Colorado-anchored public cannabis operator pursuing a roll-up of dispensaries and cultivation assets in mature U.S. markets. Directly comparable to Trees in geography, scale, and acquisition-driven growth strategy, making it one of the closest small-cap MSO peers.
- LivWell Enlightened Health: Colorado-based vertically integrated cannabis cultivator and multi-store retailer. Highly comparable to Trees given overlapping Colorado retail footprint, in-house cultivation, and similar vertically integrated MSO positioning.
- The Green Solution: Colorado-focused vertically integrated cannabis operator with dispensaries and cultivation. Comparable to Trees as a Colorado-rooted integrated MSO competing in the same mature recreational/medical retail market.
- iAnthus Capital Holdings: Public multi-state cannabis operator with dispensaries and cultivation in several U.S. states. Comparable small/mid-cap public MSO profile to Trees, including distressed valuation dynamics and operating losses, providing a relevant benchmark for capital-structure risk.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Trees social profiles
Digital presenceTrees financial estimates
Financial estimateRevenue estimate
Valuation estimate
Trees leadership team
Management profileNumber of profiles
Profiles6 records
Trees subsidiaries and ownership
Company hierarchySubsidiaries2 records
Trees funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Trees M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Trees
What does Trees do?
Trees Corporation is a vertically-integrated multi-state cannabis operator (MSO) that cultivates, distributes, and retails recreational and medical cannabis. The company operates six retail dispensaries across Colorado and Oregon under the Trees Dispensaries brand, offering flower, concentrates, cartridges, edibles, beverages, topicals, and accessories. Cultivation is conducted at SevenFive Farm, a 17,000 sq. ft. light deprivation greenhouse in Boulder, Colorado, which produces Full Spectrum Cannabis products for company-owned retail stores.
Is Trees a public or private company?
Trees is a public company. It is classified as public and is currently operating.
When was Trees founded?
Trees was founded in 2015. It employs 51 to 100 people.
Where is Trees based?
Trees is headquartered in Navajo, United States, in the North America region.
How does Trees make money?
Two revenue lines are on record. Retail Cannabis Sales are the primary driver. The others are cultivation and Product Sales.
Who are Trees's main competitors?
Broad incumbents on record are Curaleaf Holdings, Green Thumb Industries, Trulieve Cannabis, Cresco Labs, Verano Holdings and AYR Wellness. Direct peers are Medicine Man Technologies (now Schwazze), LivWell Enlightened Health, The Green Solution and iAnthus Capital Holdings.
Does Trees have an API?
No public API is recorded for Trees.
What industry is Trees in?
Trees's product category is Cannabis Retail. Its primary akta.pro industry code is CRANAFAD, Cannabis Dispensary Chains & Multi-Location Operators (MSO/Regional).