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NEW YORK, NY / ACCESSWIRE / April 25, 2018 / Traders News Source, a arch absolute disinterestedness analysis and accumulated admission close focused on baby and mid-cap accessible companies is arising a absolute address with no obligation on General Cannabis Corp. (CANN), a aggregation focused on accouterment allotment growing amplitude and agnate accessories to accustomed marijuana operating companies.



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General Cannabis is a Denver-based aggregation and offers a array of accessories and casework to companies in the sector. Its chip solutions ambit from operational and acquiescence to security, marketing, and costs needs. The aggregation operates through a cardinal of subsidiaries including Chiefton Supply, Next Big Corp, Iron Protection all of which accept stakes in the multi-billion cannabis industry.

In the accomplished 52 weeks, shares of CANN accept traded as low as $1.08 and as aerial as $11.19



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On April 20, 2018 the aggregation appear the closing of a clandestine adjustment transaction with assorted clandestine parties including absolute and new investors in General Cannabis. The Aggregation issued $5.54 actor of chief anchored promissory addendum and an accumulated of 4,432,000 warrants to acquirement accustomed banal at the closing. The addendum buck absorption at 8.5% per annum and are anchored by all of the Company’s assets. The warrants accept an exercise amount of $2.35 per share. The gain of this debt accession will be acclimated primarily to armamentarium the Company’s amplification and for alive capital.

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Read about CANN 2017 milestones and get a FYE 2017 banking analysis READ MORE

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