Authentic Cannabis Lifestyle Apparel For the Masses: Hemp-Focused Chiefton Lands With National Retailer Tillys

Colorado-Rooted Chiefton Supply Co. Finds Expanded Market for Affordable, Custom-Designed Hemp T-shirts at Tillys Locations Nationwide and Online  Denver, Colorado—April 24, 2018—Lifestyle apparel manufacturer Chiefton Supply Co., a General Cannabis (OTC: CANN) company, already is an experienced partner of America’s legal cannabis industry, and is surging into Spring 2018 with a distribution deal to supply […]

General Cannabis Announces Closing of Private Financing

DENVER, CO, April 20, 2018 – General Cannabis Corp. (OTCQB: CANN), the comprehensive national resource to the regulated cannabis industry, today announced that it completed the closing of a private placement transaction with various private parties including existing and new investors in General Cannabis. The Company issued $5.54 million of senior secured promissory notes and […]

General Cannabis Announces 2017 Year-End Results and 2018 Outlook

DENVER, March 13, 2018 (GLOBE NEWSWIRE) — General Cannabis Corp (OTCQB:CANN), the comprehensive national resource to the regulated cannabis industry, today announced financial results for the year ended December 31, 2017. Financial Highlights The following table summarizes our results of operations: Year ended December 31, Percent 2017 2016 Change Segment Revenues Security $   1,884,618 […]

General Cannabis Taps Industry Leader Joe Hodas for COO Role in Preparation for Growth in Multiple Markets

With Over 20 Years of Brand and Corporate Leadership Experience, Hodas Will Propel General Cannabis By Fine-tuning Operations and Identifying New Investments, Trends DENVER, Feb. 21, 2018 (GLOBE NEWSWIRE) — General Cannabis Corp. (OTCQB:CANN), the comprehensive resource for the highest quality service providers available to the regulated cannabis industry, has hired cannabis industry veteran Joe […]

General Cannabis Announces Record 2017 Fourth Quarter Revenues and Elimination of Debt

DENVER, Feb. 20, 2018 (GLOBE NEWSWIRE) — General Cannabis Corp (OTCQB:CANN), the comprehensive national resource to the regulated cannabis industry, today announced revenue results for the quarter ended December 31, 2017. Revenue results For the three months ended December 31, 2017, we reported our highest quarterly revenues on record of approximately $990,000, representing an increase […]

General Cannabis Client Green Leaf Medical Successfully Harvests First Crop; Major Expansion Underway

GAITHERSBURG, Md., Feb. 02, 2018 (GLOBE NEWSWIRE) — General Cannabis Corp. (OTCQB:CANN) today announced that its client, Green Leaf Medical LLC, a leading grower and supplier of medical cannabis in Maryland, has successfully harvested its first crop and has passed all state-required laboratory tests. Now producing an estimated 500-600 pounds of high-quality medical marijuana on […]

General Cannabis Announces Paydown of 12% Notes

DENVER, Jan. 04, 2018 (GLOBE NEWSWIRE) — General Cannabis Corp. (OTCQB:CANN) announced that the company has executed one of its strategic goals of strengthening the balance sheet through a significant debt reduction.  Effective January 3, 2018, General Cannabis paid off the full balance of its 12% Notes, $1,621,250, which were due in September 2018. General […]

General Cannabis Inks Major Grow Facility Contract In California

DENVER, Dec. 21, 2017 /PRNewswire/ — General Cannabis Corp. (OTCQB:CANN) signed a $955,000 two-year contract today to manage a grow facility in California. This represents the largest single contract the company has undertaken since inception.  The Company also plans to provide significant other services, including hardware and supply procurement, in addition to the initial contract terms. “We […]

General Cannabis Corporation Announces Agreement to Sell Real Estate Investment

DENVER, Dec. 19, 2017 (GLOBE NEWSWIRE) — General Cannabis Corporation(OTCQB:CANN) today announced that it has entered into an agreement to sell its real estate investment in Pueblo, Colorado.  On December 18, 2017, General Cannabis Corp and RDR Realty, LLC, a non-affiliated entity (“RDR”), entered into an agreement pursuant to which General Cannabis agreed to sell to […]

General Cannabis Closes $4 Million Private Placement

DENVER, Dec. 18, 2017 /PRNewswire/ — General Cannabis Corporation (OTCQB:CANN) today announced that it has closed the previously announced private placement of its common stock and warrants to purchase its common stock. The private placement was increased to a total of $4 million. The financing consisted of units sold at a price of $1.00 per unit, with […]