TREES Corporation (CANN)

[Warlon]

CANN: Business Trends and 2017 Outlook

Quoted from CANNs Nov. 16 press release:
http://www.generalcann.com/general-cannabis-announces-third-quarter-2016-results/

As a reminder:
"
Based on current trends, General Cannabis anticipates at least $950,000 in revenue from existing operations in the quarter ending December 31, 2016. This would position the company for approximately $3.1 million in 2016 full year revenues — a significant increase from 2015 revenues of $1.76 million.

We expect to make more acquisitions in 2017. We are currently evaluating opportunities in all areas of regulated cannabis. We remain well capitalized to help businesses expand rapidly. See our Acquisition Criteria at the end of this release.

The trend towards state regulated marijuana is accelerating. All of our businesses continue to enjoy significant demand and we are expanding our Iron Protection Group into Arizona. We expect to have this office running, with guards in the field by January 1, 2017. We anticipate IPG will also open offices in Washington, Oregon, and California in 2017.

We are already working with clients in California as they prepare for the impact of the historic amendments on their ballot. Our Next Big Crop division has the skills and experience to assist operators and investors as they take advantage of regulated cannabis expansion in what is certain to be the largest legal adult use cannabis market in the world (subject to the passing of Amendment 64 on Nov 8, 2016).

We expect continued growth in Chiefton as we roll out our marijuana specific marketing/advertising agency format.

GC Supply had a strong quarter and is poised to continue this relationship-based service to our clients in existing and new markets.
We anticipate rolling out new internally-started initiatives in 2017:

Next Big Crop’s Management Service program is accelerating. We plan to continue our active business of helping licensed producers build, open, and manage cultivation sites and retail locations, with the most cutting edge technologies available.

Canna Runner, our cash transport business, anticipates a significant increase in 2017, as Colorado Transport Rules go into effect. This IPG subdivision already provides cash transport for numerous Colorado dispensaries.

A banking solution. Using our corporate headquarters (“The Greenhouse”), and its existing hard assets, we are remodeling the facility to provide a turnkey solution for a banking operator seeking to service the regulated marijuana industry in a standalone facility.

We are actively hiring new employees. Ending the quarter at 92 employees, we anticipate increasing our employee base to 110 by year end. We are excited that we continue to provide high quality jobs in the cannabis industry.

"