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 […]

DENVER, Nov. 07, 2017 (GLOBE NEWSWIRE) — General Cannabis Corp (OTCQB:CANN), the comprehensive national resource to the regulated cannabis industry, today announced financial results for the quarter ended September 30, 2017. For the three months ended September 30, 2017, we reported our highest quarterly revenues on record of approximately $980,000, representing an increase of 21% […]

DENVER, Oct. 10, 2017 (GLOBE NEWSWIRE) — General Cannabis Corp. (OTCQB:CANN), the comprehensive national resource to the regulated cannabis industry, today announced the closing of a private placement financing resulting in $725,000 of cash and cancellation of $25,000 of debt. The financing consisted of units sold at a price of $1.00 per unit, with each […]

DENVER, Sept. 18, 2017 (GLOBE NEWSWIRE) — General Cannabis Corp (OTCQB:CANN), the comprehensive national resource to the regulated cannabis industry, today announced the appointment of Brian Andrews as Chief Financial Officer, effective September 15, 2017. Prior to his appointment as Chief Financial Officer, Mr. Andrews served as our Vice President of Finance since January 2017. […]

August 21, 2017 09:00 ET | Source: General Cannabis Corporation DENVER, Aug. 21, 2017 (GLOBE NEWSWIRE) — General Cannabis Corp (OTCQB:CANN), the comprehensive national resource to the regulated cannabis industry, today announced the acquisition of Mile High Protection Services LLC (“Mile High”). Mile High has a diversified client roster, providing security services to hospitality companies, such as hotels, and […]

DENVER, Aug. 07, 2017 (GLOBE NEWSWIRE) — General Cannabis Corp (OTCQB:CANN), the comprehensive national resource to the regulated cannabis industry, today announced financial results for the quarter ended June 30, 2017. For the three months ended June 30, 2017, we reported our highest quarterly revenues on record of approximately $834,000, representing an increase of 19% […]