Trees Corporation announced that is has signed definitive documents to acquire the Green Tree Longmont and Green Tree Berthoud dispensaries in the state of Colorado, over 34,000 square feet of grow operations, and a manufacturing facility (MIP) (“Green Tree”). Along with the acquisition, the Company announced the appointment of Edward Myers, 63, as its Chief Operating Officer, effective September 16, 2022, deepening its bench of executive talent. Mr. Myers has been serving as an operations and financial consultant to the Company.

Mr. Myers has over 40 years of operating experience in the payments industry and has held several high-profile positions including and notably, President for Global Payments North America, from 2004 until 2010. Allyson Feiler, the founder of Green Tree, will become a member of the Trees Board of Directors and join the executive management team as Chief Marketing Officer. Loree Schwartz, Owner, CFO and Head of Compliance of Green Tree, will also join the Trees executive team as Chief Compliance Officer.