CANN - General Cannabis Corp

Other OTC - Other OTC Delayed Price. Currency in USD
0.5300
+0.0498 (+10.37%)
At close: 3:59PM EDT
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Previous Close0.4802
Open0.5200
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.4801 - 0.5590
52 Week Range0.2620 - 1.6000
Volume543,262
Avg. Volume193,517
Market Cap21.349M
Beta (5Y Monthly)0.57
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    General Cannabis Corp. Completes Acquisition of Cultivation Facility SevenFive Farm

    General Cannabis Corp (CANN), a company with extensive experience in providing services to the cannabis industry, announced today it has completed the acquisition of SevenFive Farm, a 17,000 square foot light deprivation greenhouse cultivation facility in Boulder, Colorado. General Cannabis’ acquisition is the result of its approval by the State of Colorado’s Marijuana Enforcement Division, which established the Company as one of the only Colorado-based entities to own and operate licensed cannabis facilities.

  • GlobeNewswire

    General Cannabis Corp. Receives Additional Approval For Acquisition

    General Cannabis Corp (CANN), a company with extensive experience in providing services to the cannabis industry, announced today that Boulder County has approved the transfer of ownership of SevenFive Farm to General Cannabis. This is an important part of the state regulated change of control process; General Cannabis will now work with the Colorado Marijuana Enforcement Division to establish a date for the formal change of ownership, which the Company anticipates will occur within the next two weeks. SevenFive Farm is a 17,000 square foot light deprivation greenhouse cultivation facility in Boulder, Colorado that produces wholesale cannabis products.

  • GlobeNewswire

    General Cannabis Corp. Suspends LOI to Acquire California Assets

    General Cannabis Corp. (CANN) today announced that it has mutually agreed with Halsa Holdings to suspend their LOI regarding the acquisition of Halsa Holdings by General Cannabis. General Cannabis is focusing on its Colorado-based strategy, centered on completing previously announced acquisitions of SevenFive Farm and Cannasseur, two Colorado-based operations. General Cannabis continues to work with the Colorado Marijuana Enforcement Division on the regulatory approval process required to complete the SevenFive and Cannasseur acquisitions.

  • GlobeNewswire

    General Cannabis Corp. to Acquire Cannasseur

    General Cannabis Corp (CANN) executed a definitive purchase agreement to acquire The Organic Seed, LLC, doing business under the name Cannasseur, located in Pueblo West, Colorado. “The acquisition of Cannasseur is integral to our growth strategy of acquiring and operating cultivation, manufacturing and retail assets,” said General Cannabis CEO Steve Gutterman. The company anticipates that once the acquisition and integration is complete, Cannasseur should generate over approximately $4 million of incremental annual revenue.

  • GlobeNewswire

    General Cannabis Corp Comments on Business Operations

    General Cannabis Corp (“General Cannabis”) (CANN) issued an open letter to update shareholders on its business operations amid the coronavirus (“COVID-19”) pandemic. At the same time, we recognize that the cannabis industry finds itself a source of relief and support for many people.

  • How Cannabis Companies Are Adapting to the 'New Normal' -- CFN Media
    Newsfile

    How Cannabis Companies Are Adapting to the 'New Normal' -- CFN Media

    Seattle, Washington--(Newsfile Corp. - March 3, 2020) -  CFN Media (OTCQB: CNFN), the leading agency and financial media network dedicated to the North American cannabis industry announces the publication of an article discussing General Cannabis Inc. and its dynamic business strategy. The cannabis industry has shifted its focus from expansion to profitability over the past year. Rather than spending a lot of money to expand into every market, multi-state operators, or MSOs, are starting ...

  • General Cannabis' SevenFive Farms Acquisition Provides In-Roads to Colorado - CFN Media
    Newsfile

    General Cannabis' SevenFive Farms Acquisition Provides In-Roads to Colorado - CFN Media

    Seattle, Washington--(Newsfile Corp. - February 6, 2020) - CFN Media (OTCQB: CNFN), the leading agency and financial media network dedicated to the North American cannabis industry announces publication of an article discussing General Cannabis and its latest acquisition.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/6612/52191_587e205314d389ad_001full.jpgColorado cannabis sales hit $1 billion in total cannabis-related revenue in 2019, becoming the first state in the country to hit that milestone five years after legalization. In ...

  • GlobeNewswire

    General Cannabis Signs Purchase Agreement to Acquire SevenFive Farm

    General Cannabis Corp (CANN), a company with deep domain expertise in providing services to the cannabis industry, today announced that it has signed a purchase agreement to acquire SevenFive Farm, a cultivation facility in Boulder, CO.  The pending acquisition will now be submitted to the Colorado state regulators (the MED) for approval; the acquisition will close when this approval process is complete. The company originally announced the Letter of Intent for this acquisition in August 2019. SevenFive Farm is a 17,000 square feet light deprivation greenhouse cultivation facility that has operated in Boulder county for over 4 years.

  • Why Second-Mover Advantage is Key to Cannabis 3.0 -- CFN Media
    Newsfile

    Why Second-Mover Advantage is Key to Cannabis 3.0 -- CFN Media

    Seattle, Washington--(Newsfile Corp. - January 27, 2020) - CFN Media (OTCQB: CNFN), the leading agency and financial media network dedicated to the North American cannabis industry announces publication of an article covering General Cannabis Corp. and an exclusive interview with its CEO Steve Gutterman and Chris Colon of Halsa Holdings.General Cannabis LogoTo view an enhanced version of this logo, please visit:https://orders.newsfilecorp.com/files/6612/51834_b450bd3bf4816af7_001full.jpgLegal cannabis has become one of the fastest growing industries in history. In less ...

  • GlobeNewswire

    General Cannabis Announces Entry into Term Sheet to Acquire Hälsa Holdings Inc.

    General Cannabis Corp (CANN), a company with deep domain expertise in providing services to the cannabis industry, today announced that it has signed a non-binding term sheet to acquire Hälsa Holdings Inc, a company led by industry experts and created to acquire assets in mature markets. When the acquisition is complete, General Cannabis will acquire contracts to acquire three dispensaries in California, and add a deeply experienced team to its existing executive group. The acquisition is expected to close in Q1 2020, subject to entry into definitive documentation.

  • GlobeNewswire

    General Cannabis Corp. Announces Key Moves to Further Focus Its Business Operations for Next Phase of Growth

    As it prepares to roll out its “Cannabis 3.0” growth strategy over the coming weeks, General Cannabis Corp. (CANN) and its newly appointed CEO Steve Gutterman today announced several strategic steps that will further focus the company’s operations and strengthen its balance sheet. Among the steps announced today, General Cannabis Corp. said it plans to expand the operations around its highly successful and profitable cultivation consulting business, Next Big Crop, while shedding several non-core business units.

  • GlobeNewswire

    General Cannabis Corp. Names Industry Leader and Banking Executive Steve Gutterman as CEO

    General Cannabis Corp (CANN), a leading provider of products and services to the regulated cannabis industry, today announced that Steve Gutterman—one of the cannabis industry’s most recognized leaders—has joined the company as Chief Executive Officer and a member of its Board of Directors, effective immediately. Michael Feinsod, who has served as CEO since January, steps down from that role while continuing as Executive Chairman of the company. Gutterman brings more than two decades of success building and leading high growth businesses in highly regulated industries, with an extraordinary record of having increased annual revenue and market capitalization of the companies he has led by over $500 million and $2 billion, respectively.

  • GlobeNewswire

    General Cannabis Announces Sale of Greenhouse Office Building

    General Cannabis Corp. announced today it has entered into a contract for the sale of its Greenhouse Office building in Denver, Colorado for $1,697,500. General Cannabis acquired the property in 2014 for $1,050,000. The closing is subject to customary conditions.

  • GlobeNewswire

    General Cannabis Announces Record Revenues and 2019 Third Quarter Results

    DENVER, Nov. 08, 2019 -- General Cannabis Corp (OTCQX: CANN) (“General Cannabis” or the “Company”), the comprehensive national resource to the regulated cannabis industry,.

  • GlobeNewswire

    General Cannabis Announces Entry into Term Sheet For Strategic Acquisition of Leading Boulder Retailer

    It is anticipated that General Cannabis will pay consideration consisting of fifty percent cash and fifty percent in shares of the Company’s common stock for virtually all of the tangible and intangible assets of the Business.  This potential transaction follows the Company’s recent announcements of its entry into non-binding term sheets to acquire other licensed cannabis entities in Colorado. “We are pleased to announce our plans to acquire a fourth licensed Colorado cannabis operator,” said Michael Feinsod, Executive Chairman and Chief Executive Officer of General Cannabis.  “This planned acquisition would expand our retail business to Boulder.

  • ACCESSWIRE

    General Cannabis With Their 5 Brands is Bringing Unparalleled Management and Consulting Services, Security, Hemp-based Apparel, Results-Oriented CBD Products and Access to Capital to the Cannabis Industry in Colorado

    DENVER, CO / ACCESSWIRE / October 17, 2019 / CEOCFO Magazine, an independent investment, cannabis, and medical news publication highlights an executive change at General Cannabis (CANN) in an interview (https://www.ceocfointerviews.com/interviews/GeneralCannabis19.htm) with Michael Feinsod, Executive Chairman of General Cannabis since 2014, and CEO since January of 2019, who says "we collectivity agreed that this is the time to focus on new and active acquisitions in Colorado and that I would be a natural leader to drive the effort". States Mr. Feinsod, "my background in investment management is exactly the thing that positioned me to be able to spot a quality acquisition when I see it. During my four years as Executive Chairman, not only did I lead the acquisitions at General Cannabis, but I have been very involved in the company overall and it's been a positive experience".

  • GlobeNewswire

    General Cannabis Announces Entry into Term Sheet For Acquisition of Denver Cannabis Retailer

    This potential transaction follows the Company’s recent announcement of its entry into non-binding term sheets to acquire other licensed cannabis entities in Colorado. The Company is taking these actions based on the signing of Colorado House Bill 1090 (“HB-1090”), a recently approved law allowing public companies to own Colorado-licensed cannabis companies.  Once the regulations surrounding the implementation of the law are finalized, the Company plans to enter into a binding transaction for the Business.

  • GlobeNewswire

    General Cannabis Corp Names Seth Oster to its Board of Directors

    General Cannabis Corporation (CANN), the comprehensive resource to the regulated cannabis industry, announced today that veteran communications and public affairs executive Seth Oster has been elected to its Board of Directors. Oster has over 25 years of experience leading corporate communications, marketing and public affairs efforts at high levels of the federal government and in the private sector.

  • GlobeNewswire

    General Cannabis Announces 2019 Second Quarter Results

    DENVER, Aug. 12, 2019 -- General Cannabis Corp (OTCQX: CANN) (“General Cannabis” or the “Company”), the comprehensive national resource to the regulated cannabis industry,.

  • GlobeNewswire

    General Cannabis Announces Entry into Term Sheet For Strategic Acquisition of Leading Denver Vertically Integrated Cultivator and Retailer

    General Cannabis Corp (CANN) (the “Company”), the comprehensive national resource to the regulated cannabis industry, today announced that it has entered into a non-binding term sheet to acquire substantially all of the assets of a licensed recreational cannabis cultivator and retailer in Denver, Colorado (the “Business”).  The seller of the Business operates two indoor cultivation facilities and a retail cannabis dispensary in central Denver to manage the Business.  The Business has been rated one of the best dispensaries in Denver by High Times magazine, and is the holder of a library of world-class cannabis genetics.

  • GlobeNewswire

    General Cannabis Announces Entry into Term Sheet For Strategic Acquisition of Premium Cultivation Facility

    This potential transaction follows the Company’s recent announcement of its entry into a non-binding term sheet to acquire substantially all of the assets of The Organic Seed, LLC, doing business as Cannaseur. The Company is taking these actions based on the signing of Colorado House Bill 1090 (“HB-1090”), a recently approved law allowing public companies to own Colorado-licensed cannabis companies.  Once the regulations surrounding the implementation of the law are finalized, the Company plans to enter into a binding transaction for the Business.

  • GlobeNewswire

    General Cannabis Announce Entry into Term Sheet For Strategic Acquisition

    General Cannabis Corp (CANN) (the “Company”), the comprehensive national resource to the regulated cannabis industry, today announced that it has entered into a non-binding term sheet to acquire substantially all of the assets of The Organic Seed, LLC, doing business as Cannaseur (“Cannaseur”).  Cannaseur is a vertically integrated cannabis license holder located in Pueblo West, Colorado.  In addition to the Cannaseur dispensary and cultivation facility, the term sheet also includes their infused products line, Dabtek. General Cannabis is taking this action based on the signing of Colorado House Bill 1090 (“HB-1090”), a recently approved law allowing public companies to own Colorado licensed cannabis companies.  Once the regulations surrounding the implementation of the law are finalized, the Company plans to enter into a binding transaction.