TREES Corporation (CANN)

[nospinzone]

LINK TO 10K CONSOLIDATED BALANCE SHEET

https://ibb.co/jfXqov

This is directly from the 10k. Notice line 7 below Current Liabilities, titled WARRANT DERIVATIVE LIABILITY. This is 23 Million dollars.

You can see how this line was not recorded in previous reports. If you actually subtract this number from the bold line, TOTAL LIABILITIES, then you can see that the year over year deficit is lower than the previous years.

Again, this technique is utilized by accountants in order to avoid paying taxes. It is completely legal, but novices often miss this.