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CANN Trees News Story

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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;))

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