Brief: General Cannabis Announces Entry Into Term Sheet For Strategic Acquisition Of Leading Denver Vertically Integrated Cultivator And Retailer
Aug 9 (Reuters) - General Cannabis Corp CANN.PK :
* GENERAL CANNABIS ANNOUNCES ENTRY INTO TERM SHEET FOR
STRATEGIC
ACQUISITION OF LEADING DENVER VERTICALLY INTEGRATED CULTIVATOR
AND RETAILER
* GENERAL CANNABIS CORP - GENERAL CANNABIS WILL PAY
CONSIDERATION
CONSISTING OF SIXTY PERCENT CASH AND 40% IN SHARES OF COMPANY'S
COMMON STOCK
Source text for Eikon: ID:nGNXb7xSq7
Further company coverage: CANN.PK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Trees
See all newsBrief: Trees Corporation Announces Strategic Restructuring Of Senior Secured Loan
Brief: TREES Corp Announces Closing Of The Green Man Acquisition Expanding Brand In The Denver Metro Area
Brief: Trees Corp Announces The Closing Of A $13.5 Mln Senior Secured Convertible Note Offering
Brief: General Cannabis Acquires TREES Englewood; Renames As “TREES”
Brief: General Cannabis Submits Change Of Ownership License To Colorado’s Marijuana Enforcement Division (Med) For Englewood Dispensary Location