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Wednesday, September 05, 2018 10:43:07 AM
General Cannabis Corp. CANN, +5.54% said Tuesday it is opening a New York office as the cannabis business services provider looks to expand its presence on the East Coast. "Given our growing list of East Coast clients and the steps that states like Massachusetts and New Jersey have taken toward launching adult-use sales, this is the ideal time for General Cannabis to further invest and establish itself in the region," said Executive Chairman Michael Feinsod. General Cannabis specializes in cultivation management, business development, marketing and apparel, operations consulting, security and capital solutions for clients. The stock, which trades over-the-counter on the OTCQX exchange, has more than doubled over the past 12 months (up 127%), while the S&P 500 SPX, -0.60% has gained 17%.
https://www.marketwatch.com/story/general-cannabis-to-open-new-york-office-2018-09-04?siteid=yhoof2&yptr=yahoo
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