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General Cannabis Corp – ‘8-K’ for 1/13/20

On:  Friday, 1/17/20, at 5:02pm ET   ·   For:  1/13/20   ·   Accession #:  1398432-20-11   ·   File #:  0-54457

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/17/20  General Cannabis Corp             8-K:1       1/13/20    1:14K                                    Int’l Print Group/FA

Current Report   —   Form 8-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     13K 


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  8-K  



UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


                                        


FORM 8-K


CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): January 13, 2020


GENERAL CANNABIS CORP

 (Exact Name of Registrant as Specified in Charter)


Colorado

000-54457

90-1072649

(State or other jurisdiction

of incorporation)

(Commission File Number)

(I.R.S. Employer Identification Number)


6565 E. Evans Avenue
Denver, Colorado

 

80224

(Address of principal executive offices)

 

(Zip Code)


Registrant’s telephone number, including area code: (303) 759-1300


(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:


[_]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[_]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[_]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[_]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:


Title of each class

Trading Symbol(s)

Name of each exchange
on which registered

N/A

N/A

N/A


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging Growth Company ¨


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨





Item 1.02

 

Termination of a Material Definitive Agreement.


As previously reported by General Cannabis Corp. (the “Company”), 6565 E. Evans Owner LLC (the “Seller”), a Colorado limited liability company and a wholly-owned subsidiary of the Company, entered into a Contract to Buy and Sell Real Estate (the “Sale Agreement”), dated November 18, 2019, with the Credit Union of Colorado, a Federal Credit Union (“CUC”), for the sale of the Company’s greenhouse office building located at 6565 E. Evans Avenue, Denver, Colorado for $1,697,500.  On January 13, 2019, CUC elected to terminate the Sale Agreement prior to the closing of the sale of the property.  The Company expects to enter into a contract to sell the property with a new buyer in the near future.


Forward-looking Statements


This Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.   Such forward-looking statements include statements regarding the Company’s expectation that it will enter into a contract to sell its office property to a new buyer in the near future.  The Company has based such forward-looking statements on current expectations and projections about future events as of the date of this Form 8-K.  These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those factors described from time to time in General Cannabis's most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q under the heading "Risk Factors" and in subsequent filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statements made herein.




SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


Dated: January 17, 2020


 

GENERAL CANNABIS CORP

 

 

 

 

 

 

 

By:

/s/ Steve Gutterman

 

Name:

Steve Gutterman

 

Title:

Chief Executive Officer





 C: 

Dates Referenced Herein

This ‘8-K’ Filing    Date    Other Filings
Filed on:1/17/20None on these Dates
For Period end:1/13/20
11/18/19
1/13/19
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Filing Submission 0001398432-20-000011   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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