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CANNs new unit GC Equity Research is still on the table. It was mentioned in the recent filing.
CANNs whole lineup of Next Big Crop, Iron Protection Group and Chiefton makes sense everywhere where people want to build a cannabis business.
Maybe the new legal states beside California have more demand for CANN because they build everything from zero like Colarado did after legalization.
We will see..
We are all a part of it. Without you it would have never been the same.
CANN is much more than a stock.. a nice board.
Thanks for the great time here this year. It was a fun.. heading to the green rush in 2017.
Enjoy your time.
Happy xmas!
News out - victory!: American Cannabis Company Announces Its Maryland Client Was Awarded An Operational License For The States Marijuana Dispensary Program
http://www.americancannabisconsulting.com/2016/12/20/maryland-client-dispensary-victory/
$$AMMJ
Article: Time to Shine for General Cannabis Corp (OTCMKTS:CANN)
http://oracledispatch.com/2016/12/15/time-shine-general-cannabis-corp-otcmktscann/
..
CANN Traders will note small declines over the past week, but that move comes in the context of a range in place at the foot of a retracement from a very strong advance this Fall. The situation may be worth watching. CANN has evidenced sudden upward volatility on many prior occasions. In addition, the company has seen an influx in interest of late, with the stock’s recent average trading volume running higher, 36% over what the stock has registered over the longer term. This should not be overlooked due to the extremely small float size in the stock (less than 9.3M shares). One is wise to respect the dynamic this may create — with such a tight trading float, this kind of ramping interest can force a supply-shock squeeze.
..
Hi Michi1968. Please be so kind to post only english texts here - the main board language. Otherwise nobody can read it.
Maybe you find an english article referring to the news you found.. like
Cannabis use in cancer patients halved their risk to die in hospital
http://www.cannabis-med.org/english/bulletin/ww_en_db_cannabis_artikel.php?id=494#1
Marijuana Industry Experts Remain Optimistic Heading Into A Trump Administration
http://sports.yahoo.com/news/reads-weed-kend-marijuana-industry-015745527.html
even borchstein isn't the expert he wants to be.. there are some good statements from real experts in the article.
Agree completely!
the plurality of mankind.. fighting in me.
Trump Team Said to Consider Thiel Associate O’Neill for FDA
http://www.bloomberg.com/politics/articles/2016-12-07/trump-team-is-said-to-consider-thiel-associate-o-neill-for-fda
TIME: 7 Reasons President Trump Is Unlikely to Fight Legal Marijuana
http://time.com/4594445/legal-marijuana-trump-sessions-policy/
.. the discussion gets more pace.
$CANN goes on.
Good read: DON’T EXPECT ANY NEW FEDERAL MARIJUANA PROTECTIONS IN 2017
http://hightimes.com/news/dont-expect-any-new-federal-marijuana-protections-in-2017/
$CANN power
Hey DT. I imagined that song while I wrote my recent lines.. very nice that you give me the acoustic part now. Haven't heard it since a decade.
Banking is the hot issue.. CANNs NextBigCrop just tweeted:
Banking services eyed for cannabis
http://www.dailydemocrat.com/general-news/20161202/banking-services-eyed-for-cannabis
CANN seems to be on it..
Something is in the air..
$CANN prepares for the big jump!
The S-1 filing and some noteworthy details hidden inside. See a list of the most important details regarding CANN's registration:
http://www.dailymarijuanaobserver.com/single-post/2016/12/05/marijuana-stocks-news-CANN-General-Cannabis-Corp-S-1-Share-Registration-Highlights-Details
..
September Warrants
The registration filed today was for up to 9,000,000 shares of CANN common stock that are issuable upon exercise of the warrants issued in their agreement dated September 21st of 2016. This is comprised of 4,500,000 12% A Warrants, and 4,500,000 12% B Warrants. These shares of CANN are being registered for sale on behalf of the selling stockholders that exercise their warrants.
Offering Proceeds
While CANN will stand to receive proceeds from the warrant exercise, it is the selling stockholders that will receive the net proceeds from the share offering. CANN will bear all of the costs associated with the registration of common shares covered in the offering. With that said, it is the selling stockholders that bear the costs of brokerage commissions, fees and discounts attributable to share sales.
Offering Details
The proposed maximum offering price is $3.25 per share, with a proposed maximum aggregate offering of $29,250,000. However, "selling stockholders may sell all or a portion of the shares being offered pursuant to this prospectus at fixed prices, at prevailing market prices at the time of sale, at varying prices or at negotiated prices."
Since shares of CANN closed today at $3.26 per share, it will be interesting to see how many of the warrants are exercised. Additionally it will be interesting to see how many of those stockholders choose to cash out and sell the potentially issued 9 million shares. 9 million common shares is a large percentage of CANN.
57%
9,000,000 shares is equivalent to approximately 57% of CANN's issued and outstanding common stock. Common stock outstanding before the offering is listed at 15,737,921 shares. Common stock outstanding after the offering if all warrants are exercised would be 24,737,921 shares. This could be a massive dilution for any existing shareholders.
Other Big Risks
One of CANN's warnings in the prospectus beyond the obvious (cannabis is federally illegal in the U.S.) that we wanted to point out was that they "have a history of losses and may not achieve profitability in the future." As quoted from the S-1:
"We generated net losses of $6.9 million in the year ended December 31, 2014, $8.8 million in the year ended December 31, 2015 and $17.0 million for the nine months ended September 30, 2016. As of September 30, 2016, we had an accumulated deficit of $33.4 million. We will need to generate and sustain increased revenues in future periods in order to become profitable, and, even if we do, we may not be able to maintain or increase any such level of profitability."
they are rising new capital for acqusitions. The share price is only affected if people sell now because a lack of trust in the CANN story.
Great find! Germany's top 5 website Spiegel.de titles "The New Goldrush"
http://m.spiegel.de/panorama/gesellschaft/a-1123705.html
Interesting what Denver's weed seller Medicine Man says:
Translation from the text: Andy Williams, who now employs 74 people with "Medicine Man", does not see the next business as a big producer and salesman, but as a cannabis consultant - as the one who advises others on entering the business. "What was the most money to do in the gold rush?" he asks without waiting for the answer. "Not with gold but with the sale of picks and shovels!"
CANN is the real pioneer - way ahead! A great luck to know that!
Article: General Cannabis Corp (OTCMKTS:CANN) Holding Ground
http://oracledispatch.com/2016/11/29/general-cannabis-corp-otcmktscann-holding-ground/
$CANN, power!
His twitter name: AntiFraudMan : ) !!!!
https://twitter.com/AntiFraudMan
USA TODAY: The legal marijuana middle ground: Column
http://www.usatoday.com/story/opinion/2016/11/30/marijuana-legalize-states-medical-recreational-column/94553192/
"With more than 65 million people living in states that have passed marijuana legalization, and a Gallup poll showing that 60% of the country supports legalizing marijuana use, national legalization may seem inevitable."
Will the sector wake up today?! Give us some green..
Exit interview: Obama talks marijuana in Rolling Stone Magazine
http://www.thecannabist.co/2016/11/30/obama-marijuana-rolling-stone-2016/68402/
The whole sector is red on low volume today. Strange day..
Our time will come. CANN is incredible.
New 8-K Filing: Welcome to the club of CANN-lovers, Mr. Levin!
On November 21, 2016, the board of directors of General Cannabis Corporation (the “Company”) appointed Mr. Duncan Levin to the board of directors, with such appointment effective as of such date. In connection with his appointment, Mr. Levin was granted an option to purchase 100,000 shares of the Company’s common stock on November 22, 2016, which vests in full on the one-year anniversary of the date of grant. The exercise price of the stock option is $3.07 per share, which was the closing price of the Company’s common stock on the date of grant.
Anlysis: Yes we cann!
https://www.tradingview.com/chart/CANN/Rrrm4EUi-Yes-we-cann/
"Cannabis stocks have been showing good wave forms in general. $CANN price action has been stuck in a range for nearly 7 weeks. I feel a break out is possible on an impulse wave. If the wave happens, it may last 7-10 trading days. Fundamentals....good reported revenue and new expansion possible (California news would be best)"
CNN opinion: What does Sessions mean for the fast-growing cannabis industry? http://edition.cnn.com/2016/11/23/opinions/sessions-cannabis-opinion-gessin-chernis/index.html
Written by Jesse Gessin, deputy federal public defender in Southern California, and Michael Chernis, is a Los Angeles-based attorney and expert specializing in the cannabis industry.
Hey guys can you feel the power? Mainstream media endorsing beloved cannabis! Several articles appearing this weekend with an accepting tenor on cannabis. Intersting. Maybe it's the self fjlfilling prophecy of Sessions - the unstoppable legalization..
Watershed style super tipping point rocket launch moment for cannabis and $CANN.
Trump needs to continue the legalization. If he doesn’t, costs will be astronomical
http://www.mercurynews.com/2016/11/24/editorial-marijuana-leganization-should-be-up-to-the-states/
Thanks Michi_1968
Thanks Frode for the good conclusion.
I'll take it some days as my signature if its ok for you.
James Dines, one of the world's foremost financial forecasters: Gold and Cannabis Blooming
http://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/james-dines-bullish-on-gold-and-cannabis/
:D
$CANN - outstanding in positioning, platform and performance!
Good summ up: Is Trump's Pot Tolerance Fading?
http://reason.com/archives/2016/11/23/is-trumps-pot-tolerance-fading
Nice thanksgiving!
Wuff wuff
Bloomberg: Smoked, turkey: Marijuana sales spike around Thanksgiving
http://mashable.com/2016/11/22/marijuana-sales-spike-at-thanksgiving/#xNNaYdWWNOqQ
Who is Sessions? I heard Levine is the man!
LOL
Some party shots from CANN in Las Vegas: https://www.facebook.com/media/set/?set=a.1611861439123535.1073741835.1396437950665886&type=3
CANN - the machine!
Btw: Have a nive holiday.. I expect a green Friday!
Hemp is a fast growing natural ressource.. just convincing.
So is $CANN.
maybe a wonderful day of big volume..
$CANN is outstanding in performance, platform and positioning.
Re-election? CNN: Computer scientists urge Clinton campaign to challenge election results
http://edition.cnn.com/2016/11/22/politics/hillary-clinton-challenge-results/index.html
.. hmmm. What could that mean for CANN?
Money Morning: No. 1: General Cannabis Corp.
Read: The Top 10 Marijuana Penny Stocks in 2016
http://moneymorning.com/2016/11/22/the-top-10-marijuana-penny-stocks-in-2016/
..
General Cannabis Corp. (OTCMKTS: CANN) sells various products and services to companies in the cannabis industry, from compliance consulting to security, finance, and marketing solutions. CANN is up 522% YTD and is currently trading at $3.22 per share as of Tuesday intraday.
alan is a joke - look at the table he publishes every day on Thedailydab(dot)com..
I assume at least some black sheeps in one of the 55 stocks (partially massive) declining down to -30% yesterday worth to discuss.
But he picks the one who just won the support of the @AntiFraudMan (Duncan Levines Twitter-Name: https://twitter.com/AntiFraudMan) and bashes it on and on with stupid arguments.
That's really embarrassing for AB. And it gets worse every post he makes here.. loosing all reputition and personal capital. Why? Any Doc here to help him?
Last chance to get a tiny bit of respect: Forget your boring numbers and look how CANN could convince like Bookcvar and Levine to join their show and rethink your fatal statements.
the chart looks very similar to yesterday.. something in the air. : )
the story with Levin is good. he adds his network and a lot of knowledge and experience. cANN goes NY, Boockvar, Feinso and Levin are there...