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Wrong board, mj stocks in general will be fine. No need to pump here.
To answer your question, where's Zoom?
About time this starts moving again. All aboard.
Busting thru 4, finishing with a bang. ZoomZoom
Here is a post from Zoom about 1 1/2 years ago. I was purchasing this stock back then and reading his ridiculous posts then too. Post #3951.
LOL..This scam is worth zero if you try to really value it based on current financials. It is the hyp of MJ that is keeping this at 0.6, or this junk will be at 3-4 cents..Look at the financials
Did you even read it ?
I can't believe people think this company has nay future. You are linking MJ explosion to a failed turd like this...Yeah MJ..look at the losses..what a scam !
Revenue exposes it all
Their only way to survive is dilute and thrive
I see this falling to 5-10 cents as they dump more shares to survive
What can I say, my dog loves pickles.
General Cannabis Closes $4 Million Private Placement
Dec 18, 2017
OTC Disclosure & News Service
-
General Cannabis Closes $4 Million Private Placement
PR Newswire
DENVER, Dec. 18, 2017
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 each unit consisting of one share of common stock and one warrant to purchase one share of common stock at an exercise price of 50 cents per share and exercisable immediately.
In total, the Company issued an aggregate of 4 million shares of common stock and warrants to purchase up to 4 million shares of common stock.
"Closing the financing gives the Company the capital to aggressively expand our business into new markets." said General Cannabis CEO Robert Frichtel commenting on the capital raise. "We are very excited to have greater capacity to accelerate the development of our business."
Michael Feinsod, General Cannabis Chairman, commented on the opportunities that the additional capital provides: "General Cannabis continually seeks to expand into new cannabis-related businesses through acquisitions and investment. This additional capital will allow the company to increase these efforts and bring new and innovative products to the regulated cannabis market."
Neither the shares of General Cannabis common stock nor the warrants sold in the private placement have been registered under the Securities Act of 1933, as amended (the "Securities Act"). Accordingly, these securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act. General Cannabis has agreed to file certain registration statements covering the resale of the General Cannabis common stock sold in the private placement as well as the General Cannabis common stock issuable upon exercise of the warrants. This press release shall not constitute an offer to sell or the solicitation of an offer to buy General Cannabis common stock or warrants to purchase General Cannabis common stock.
About General Cannabis Corp.
General Cannabis Corp. is the comprehensive national resource for the highest-quality service providers available to the regulated cannabis industry. We are a trusted partner to the cultivation, production and retail sides of the cannabis business. We do this through a combination of strong operating divisions such as security, marketing, operational consulting and products, real estate and financing. As a synergistic holding company, our divisions are able to leverage the strengths of each other, as well as a larger balance sheet, to succeed. Our website address is www.generalcann.com.
Forward-looking Statements
This presentation contains forward-looking statements that relate to future events or General Cannabis' future performance or financial condition. Such statements include without limitation statements regarding the closing of the financing giving the Company the capital to aggressively expand our business into new markets and accelerate the development of our business; statements the opportunities that the additional capital provides; statements regarding General Cannabis continually seeking to expand into new cannabis-related businesses through acquisitions and investment; and statements that this additional capital will allow the company to increase these efforts and bring new and innovative products to the regulated cannabis market. Any statements that are not statements of historical fact, such as the statements above and including statements containing the words "plans," "anticipates," "expects" and similar expressions, should also be considered to be forward-looking statements. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as result of a number of factors, including those described from time to time in General Cannabis' filings with the Securities and Exchange Commission. General Cannabis undertakes no duty to update any forward-looking statements made herein.
Cision View original content:http://www.prnewswire.com/news-releases/general-cannabis-closes-4-million-private-placement-300572546.html
SOURCE General Cannabis Corporation
Copyright © 2017 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
I wish I'd bought at .77. Down 45% here.
You didn't miss anything. Just give her time.
Will do D.M.. My take is this. EARNINGS will get us over 5 & Cali. is going to get us there. Hype is hype but earnings will keep us growing. Pun intended.
Here are some names from just over a year ago, and some are still around. Would be nice to see all of them here again. Antferrara 1, Neophyte184, jjr04001, Warlon, CaptainScotty, Daytrader15, Irishtrader1
Every so often you got to trim the tree. Helps promote future growth. Just need new investors to help keep watering it.
MICHAEL FEINSOD has option to acquire/s shares https://ih.advfn.com/p.php?pid=nmona&article=76281841
Enjoying the ride. Keep it cranking. Even Clay T. couldn't keep this down.
Go Cann. Flexing its strength today.
What a pos. Sorry I made that post.
https://www.newsquantified.com/blog/big-profits-on-cancer-detection-breakthrough-125/ Hope this starts a new trend in LB's. This news could just be the beginning here.
One would think with the news today more people would be talking on this board. Loving the volume and price action today. GLTU
You got that right. Every time Clay shows up, the stock declines the next day. Hoping Cann will be different.
I guess yahoo message board is the only place people consistently discuss biocept. Like most of you, I am down about 30% after todays gains. I didn't expect a sudden drop in pps from about $1.30. I'm hoping today starts to gain traction in the right direction. I feel this company is way under-valued. Any thoughts? There is an article from San Diego Business Journal that was posted on Yahoo's message board but was unreadable. GLTA
Just a matter of time. This company started with picks and shovels. Not their fault some insider put them on the greys couple years ago. This company has survived hell. Here for the long haul. Once pharmaceutical companies slow down there sales of opioids and stop paying off the government and we all start to realize the potential of medical marijuana we'll all be glad we bought here at this level. The truth will set this company free.
Averaging down here.
There's life on this board. Disappointing quarter, but sooner or later this will pop. Just have to wait it out. Will buy more if this opens under.80.
Got tired of seeing the same last post. I'm sure it's not just me watching this company. I'll be straight up, I'm long. Not sure how long it's going to be before the shorts are gone, but willing to wait it out for the next pop. Sales team needs to get it together, Don't care if they miss estimates by a penny just as long this company continues to improve its bottom line. Would like to see more talk on this board. 10q after the bell. (is there anybody...out there) Pink Floyd in case you didn't know.
Have a nice position here myself. Keeping watch everyday I get the chance. Letting my money ride and only add more when I can lower my pps. Nice to see familiar names still here.
Lets roll, bought more yesterday and today.
What it Takes to Stand Out from the Crowd in the Legalized Marijuana SpaceDate :07/12/2017 @ 8:45AMSource :NetworkNewsWireStock :General Cannabis Corp. (QB) (CANN)Quote : 1.85 0.055 (3.06%) @ 4:22PM
What it Takes to Stand Out from the Crowd in the Legalized Marijuana Space
Print
Alert
NetworkNewsWire Editorial Coverage: The burgeoning legalized marijuana market is increasingly populated with unique contenders, and success in this market requires a high caliber of innovation that drives compounding potential for revenue growth, success and sustainability.SinglePoint, Inc. (SING) (SING Profile), for example, employs a diversified acquisition strategy in tandem with a plan to develop a crypto currency solution for the cannabis industry with First Bitcoin Capital Corp. (BITCF). Among other publicly traded standouts in this opportunity-rich market the marijuana space is General Cannabis Corp. (CANN),GW Pharmaceuticals plc (GWPH) and Golden Leaf Holdings Ltd. (GLDFF).
SinglePoint (SING) offers a compelling and diversified investment opportunity within the marijuana space, and is beginning to demonstrate its ability to generate revenues through strategic acquisitions. While some investors are leery of the risks of the federally illegal marijuana market, it’s important to note that SinglePoint at no time touches the marijuana plant. For example, building on its history of payment technologies, SinglePoint – among other endeavors - services the marijuana industry via its SingleSeed subsidiary (www.SingleSeed.com), which is engaged in supplying various services to cannabis to dispensaries and has become a hub for dispensaries seeking merchant payment processing solutions and other business tools. SingleSeed also offers payment processing and text message marketing solutions for cannabis businesses.
Also in the payment technology field, SinglePoint recently partnered with First Bitcoin Capital (BITCF)to develop a proprietary bitcoin payment solution for cannabis business that, at present, do not have access to banking options due to FDIC restrictions and resultant lack of cooperation from banks. This innovative bitcoin solution will be deployable on any point-of-sale machine through a simple download and will enable cannabis businesses to accept credit and debit card transactions independent of banks.
As the first cryptocurrency and blockchain-centered company to become publicly traded, First Bitcoin is a valuable partner to SinglePoint in the quest to develop digital currencies. The company offers a suite of financial solutions for medical cannabis businesses, including merchant processing and point-of-sale solutions like automated check-cashing kiosks for California-based medical marijuana dispensaries. First Bitcoin Capital recently announced that it has invested its primary wallet, which owns dozens of cryptocurrencies, into closed-end crypto-exchange traded fund (CETF) AlphaBIT in exchange for controlling interest in the form of 200 million ABCs. This is the company’s very first foray into the Ethereum ecosystem, as ABC runs on the Ethereum blockchain. This acquisition is significant for various reasons, including giving shareholders a vehicle for transparently monitoring some of First Bitcoin Capital’s assets.
In June SinglePoint closed a $1 million company-friendly Convertible Promissory Note with an institutional investor, stating that proceeds from the investment will be used to execute on its bitcoin solution. With this new round of funding, the company is can move forward with its development of a crypto currency solution and continue its strategic acquisitions within the marijuana space.
One recent acquisition has positioned SinglePoint to become a leader in online products, retail stores, cannabis consulting and equipment in the state of California, where thousands of cannabis-related businesses have cropped up. SinglePoint recently acquired 90 percent ownership of Discount Indoor Garden Supply (DIGS), a provider of soil and supplies—including hydroponics products—as well as consulting services to legal cannabis growers. The importance of this acquisition is emphasized by an unsuspecting yet recognizable name: Scotts Miracle-Gro (SMG). While you might not think “marijuana” when you hear the name of this household brand, Scotts Miracle-Gro has emerged as one of the biggest traditional business players to participate in the cannabis industry. Through its wholly owned The Hawthorne Gardening Company subsidiary, the company is acquiring various leading firms in hydroponics areas, including soil, lighting and nutrients, and market reports suggest that the company has more acquisitions on deck for this year.
SinglePoint also recently inked an agreement with Premier Biomedical, Inc. (BIEI) to act as a volume supplier in manufacturing Premier’s new CBD (cannabidiol) Hemp Oil Skin Patch. The patch is anticipated to be the first in a line of products resulting from the agreement between the two companies. SinglePoint believes this new business will contribute greatly to its revenue goals.
Earlier this year, SinglePoint made an investment in Convectium, a California-based provider of equipment, branding and packaging solutions to the cannabis industry. Convectium developed the very first cartridge and vape pen oil-filling machines for wholesale distribution to marijuana dispensaries, and its 710Shark and 710Seal machines—which are currently sold through the EquipCanna.com website—can fill and package more than 100 cartridges or disposable vape pens in just 30 seconds. Convectium also operates a consumer brand that includes BlackoutX and HazeSticks products.
General Cannabis (CANN) is another diversified player in the cannabis space, serving as a comprehensive resource for high-quality services to the regulated marijuana industry. Through a combination of robust operating divisions, including security, marketing, operational consulting and products, real estate and financing, General Cannabis has become a key partner to the cultivation, production and retail areas of the marijuana market. The company’s synergistic divisions are able to leverage one another’s strengths to contribute to General Cannabis’ overall success.
Biopharmaceutical company GW Pharmaceuticals (GWPH) has become a global leader in developing plant-derived cannabinoid therapeutics using its established drug discovery and development process along with an intellectual property portfolio and regulatory and manufacturing savvy. The company has successfully developed the world’s very first cannabis-derived prescription medicine, Sativex, which now has approval in more than 29 countries outside the United States to treat spasticity related to multiple sclerosis. GW’s current lead product candidate is Epidiolex (cannabidiol) for treating certain rare and severe early-onset, drug-resistant epilepsy syndromes. The company’s pipeline of CBD product candidates further includes compounds that are in Phase 1 and 2 trials for treating glioma, schizophrenia and epilepsy.
Another company focused on leveraging a differentiated brand portfolio within the legalized marijuana space is Golden Leaf Holdings (GLDFF). Golden Leaf Holdings is one of North America’s largest providers of cannabis oils and solutions and is a leading marijuana company in Oregon. The company’s product portfolio is constructed around recognized brands, and Golden Leaf Holdings is leveraging a robust management team of experts in the cannabis and food industries to bolster its expertise in cannabis oil extraction, refining and sales. Golden Leaf Holdings’ aim is to become a leading, consumer-driven company that is focused on wellness solutions that are founded on science and research, thereby leveraging the company’s differentiated brand portfolio to provide outstanding customer value.
These companies are making names for themselves through their successfully unique approaches within the rapidly growing legal marijuana market. With so many competitors now crowding the marijuana space, diversified players like the named companies stand out as ones to watch—and invest in—within the cannabis market.
For more information on SinglePoint please visit:Singlepoint (SING) or www.SinglePoint.com
About NetworkNewsWire
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Just a good read. Hope everyone is doing well. Been here watching every chance I get since my last post on Nov. 9th. Its good to see most of the same names still here. This company is addictive, I'm glad to be back investing in CANN. And by the way thanks Alan.
Sales of CBD-based Products Projected to Accelerate
BY PR Newswire
— 9:00 AM ET 06/16/2017
NEW YORK, June 16, 2017 /PRNewswire/ --
According to a report by the Hemp Business Journal and Vote Hemp, the total retail value of hemp products sold in the U.S. in 2016 was $688 million. As a result of successful legalization campaigns across several U.S. states and successful hemp cultivation pilot programs, sales of items like shelled seed, protein powder, soaps and lotions have continued to increase. In all, sales of Hemp CBD products boosted the industry to a five year 22% CAGR. ChineseInvestors.com, Inc. (OTC: CIIX), Vitality Biopharma Inc. (OTC: VBIO), United Cannabis Corporation (OTC: CNAB), General Cannabis Corp. (OTC: CANN), Medical Marijuana, Inc. (OTC: MJNA).
"Hemp Business Journal estimates the total retail value of all hemp products sold in the U.S. to be at least $688 million for 2016. We estimate the hemp industry will grow to $1.8 billion in sales by 2020, led by hemp food, body care, and CBD-based products. The data demonstrates the hemp industry is growing quickly at 22% five year CAGR and being led by food and body care products, with Hemp CBD products showing a 53% AGR," said Sean Murphy, the Founder and Publisher of Hemp Business Journal.
ChineseInvestors.com, Inc. (OTCQB: CIIX) on June 14th announced that, "It has incorporated CBD Biotechnology Inc. in British Columbia, Canada. CBD Biotechnology Inc. will focus on research, development and distribution of health products, including hemp-derived cannabidiol ("CBD") products, as well as hemp-based food and beverage products.
In April 2017, fulfilling a campaign pledge, Prime Minister Justin Trudeau introduced legislation to legalize the recreational use of marijuana in Canada by the middle of 2018. Canada will become the second country to completely legalize marijuana as a consumer product. The law will require purchasers to be at least 18 years old, and it will limit the amount they can carry at any one time to 30 grams. While the federal government will license and regulate growers, each of Canada's provinces will need to decide exactly how the drug will be distributed and sold within its boundaries."
"I am delighted about the incorporation of CBD Biotechnology Inc.," says Warren Wang, Founder and CEO of CIIX. "CBD Biotechnology Inc. is strategically located in British Columbia, Canada, known to be a cannabis-friendly province. The British Columbia cannabis industry produces 40 percent of all Canadian cannabis, making cannabis among the most valuable cash crops in the province. While CIIX has been laying the groundwork to enter the legal cannabis market for some time, the complete legalization of cannabis in Canada provides another great opportunity for CIIX to enter the market."
Vitality Biopharma Inc. (OTCQB: VBIO) is dedicated to unlocking the power of cannabinoids for the treatment of serious neurological and inflammatory disorders. On April 5, 2017, the company announced the filing of an international patent application in March 2017 that describes compounds discovered to be effective in a drug screening model of neural repair. The discoveries included a compound that is known to have a positive track record of safety in clinical trials and to provide pain relief through modulation of the vanilloid TRPV1 receptor. As a result, Vitality Biopharma has made broad patent claims covering use of CBD and other TRPV1 agonists for myelin repair and for treatment of demyelinating disorders.
United Cannabis Corporation (OTCQB: CNAB) announced that it has signed an exclusive licensing agreement with Vessel Life Sciences ("VLS") to produce and distribute its products, including the award-winning Prana Bio Nutrient Medicinals, throughout Pennsylvania. Established in 2016, Vessel Life Science LLC is dedicated to advancing the use of cannabinoids in medicine, with a focus on the refinement of genetics for medical grade strains of CBD-rich cannabis plants for the commonwealth of Pennsylvania's patient base. United Cannabis' Prana line offers a wide selection of raw and active cannabinoid supplements with multiple delivery methods that have accurately dosed medicine from 1mg to 100mg.
General Cannabis Corp. (OTCQB: CANN) is the comprehensive resource for the highest quality service providers available to the regulated Cannabis Industry. On March 27, the company announced that its security division, Iron Protection Group (IPG), the premier provider of protection services for the regulated cannabis industry, will begin offering its services in California. "The demand for security services in California is skyrocketing," said Hunter Garth, Managing Director of IPG. "As a known security leader in Colorado, we are now seeing a dramatic rise in security and transportation requests from companies throughout the state. By opening our first office in the state capital, we plan to fulfill a vital component of the regulated cannabis industry in this substantial market."
Medical Marijuana, Inc. (OTC: MJNA) recently announced that its subsidiary Kannaway® LLC, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, is adding "Kannaway Essential Oils" to its line of lifestyle products. Made with pure essential oils, natural terpenes derived from the cannabis (hemp) plant, and a Bi-Bong™ blend of herbal extracts, Kannaway Essential Oils capture the benefits of dozens of natural botanical ingredients. Kannaway Essential Oils can be placed on acupressure points like the inside of the wrist, against the neck, and on the temples or added to an oil diffuser to spread the aromatherapeutic scents throughout the room.
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My day has come. In early 2014 when I picked my username it was only because 1109 has played a role in my life. Pickles is our dogs name. I'm not a huge stock person, I have a retirement plan just like most. In early 2014 I started noticing signs that I believe could only be Gods intervention. Have you ever lost something dear to your heart smaller than a dime such as a diamond earing somewhere in a radius of 10 miles from your home. My wife doesn't see well and ask me to locate it for her. I found it 5 minutes after I started walking in the grass next to our home. Only God could have made that happen. Weeks later we discussed investing in mj stocks. That following morning I was playing words with friends and the first word I played was invest. Earlier this year I was playing the game with the same person and played reinvest. This is the only company we are invested in outside our retirement plan. I wasn't going to make loads of money investing in a company at $17 a share, however it did go to $64. I now hold a load at .73 with none of our own money. I have been watching this company like a hawk ever since I started in vesting in it. I'm tired and its been very time consuming. This is not my cup of tea. I decided 1109 would be the day huge news comes out about CANN, however it also turned out to be the day after elections. I'm ready to start making it possible so I don't have to worry anymore about whether or not this stock is going to sink. Could you imagine if tomorrow because of the election turnout people turned to MJ to invest in. I will never sell all my shares since I continue to believe this company will grow. I will take out a nice portion so we can enjoy life a little easier and have plenty for a nest egg if Cann continues to grow. I give a special thanks to Antferrara 1, Neophyte184, jjr04001, Warlon, CaptainScotty, Daytrader15, Irishtrader1. You'll where the ones who kept me going when we where at rock bottom. Would also like to say thanks to Surfer. I'm going to wake up tomorrow regardless of what happens to Light Up by styx. I'll post again on 11/09/2017. God Bless our Country.
Thanks for the update. At my job I only have internet maybe 20% of the day. I could never be a daytrader.
If you ask me, he is playing in a very small window. All his little groupies can play that all they want, idc. I think tomorrow (1109) will be epic.
You wanted volume, over 300,000 in the 1st hour. Sweet.
People are going to be fighting to get in at a good price, hope they don't wait too long. Let's get this baby fired up, no shotgun needed here.
I knew somebody would beat me to it. I tried.
Our time is near, 1109 is soon upon us. I stated in past posts from the times when we where down around .50, that one day people will be posting and this board would not be a ghost town anymore. Come Nov. 9th will be my last post until 1109 next year. Soon we will have many more posting, many more than just the ones I have copied down from the days below a dollar. Those where the tuff times. We have come a long way since then. I see the same stupid posters continue just like from the past except stockzoom changed his name. I did my own DD a few years ago and CANN is for real. I continue to look for new news when I have the time but its usually old news by then, members of this board are always on top of the latest news, thank you. So many unusual circumstances almost 3 years ago led me here that I think there is a bigger picture I just haven't seen yet. Lets have a good week and put these troubling times behind us. May God Bless this country and everything it stands for.
Thank you. Been here from under a dollar. GLTY
I wonder how many went to lunch and left their stop loss on the table. MM just ate their lunch. 92k shares traded in 15 mins. This afternoon could be fun to watch, I'm hoping for a bullish engulfing candlestick.
And back down to 4.51. Love what the stock is doing today. Greener days ahead.
I agree with you surfer. The ride is only getting started. I think the real fireworks begin on 1109. We are just going to see a gradual climb till then. I'm shocked to see us this close to $5 well before elections. Now I'm hoping for $10 by then.