Category: Press Releases

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]