- BySeeking Alpha-
General Cannabis (CANN) announces the appointment ofAdam Hersheyas the company’s Interim CEO.The company also announces that Steve Guttermanstepped down from his CEO and...
General Cannabis Corp (GCC) provides products, services and capital to the regulated cannabis industry and non-cannabis customers. GCC operates through three segments: Operations Consulting and Products (Operations Segment), Cultivation (Cultivation Segment), and Capital Investments and Real Estate (Investments Segment). Operations segment offers consulting services to the cannabis industry that include obtaining licenses, compliance, cultivation, retail operations, logistical support, facility design and construction, and expansion of existing operations. Cultivation segment includes through its acquisition of SevenFive Farm (SevenFive) it operates a licensed light deprivation greenhouse cultivation facility. Investment segments provides debt or equity capital through investing in businesses using cash or shares of common stock.