Business

General Cannabis Announces the Launch of General Cannabis Equity Research

General Cannabis Announces the Launch of General Cannabis Equity Research.

articleTrees CorporationApril 14, 20164/company/general-cannabis-corp/news/general-cannabis-announces-the-launch-of-general-cannabis-equity-research
General Cannabis Announces the Launch of General Cannabis Equity Research

About this update from Trees Corporation

[{"type":"text","content":"\n\n DENVER, April 14, 2016 (GLOBE NEWSWIRE) -- General Cannabis Corporation (OTCQB:CANN) today announced the launch of its public market research services division.  The new division is called General Cannabis Equity Research or GCER.\n “General Cannabis Equity Research is our first step in the building of an equity research division and leverages the unique market insight that we gain from our industry position,” said Robert Frichtel, Chief Executive Officer.  “Due to the breadth of our corporate platform and team, we gain unique knowledge that we believe will add value in making investment decisions.  GCER will provide unbiased and detailed research on publicly traded companies.” “General Cannabis noted the total absence of credible research on public companies in the sector,” said Executive Chairman Michael Feinsod. “While there are many public companies that claim to operate in the cannabis space, there is no credible source of industry and public company research.  The void creates market uncertainty and has limited access to capital for cannabis related companies.  We intend to fill that void.” We are currently hiring individuals for the research team and expect to launch our comprehensive GCER services on July 1. Our approach to cannabis investment research will place a high value on intrinsic value and management quality.  We will evaluate cannabis investments in the same manner as a merger and acquisitions specialist might.  Our analysis of the individual cannabis companies will be driven by economic realities of the industry and its constantly changing dynamics. We expect our first reports to be available in July of 2016--- General Cannabis Equity Research will only be researching companies that are current in their SEC filing requirements for the March 31, 2016 quarter. Executive Chairman Michael Feinsod added, “The cannabis industry is entering an exciting phase of national growth.  We look forward to sharing our knowledge with institutional investors as they explore and invest in the sector.”  AboutGeneral Cannabis Corporation (www.generalcann.com) is the all-in-one resource for the highest quality service providers available to the regulated Cannabis Industry. We are a trusted partner to the cultivation, produc...

More updates from Trees Corporation