COSTA MESA, Calif., Jan. 11, 2011 /PRNewswire/ -- Today General Cannabis, Inc. (Pink Sheets: CANA) www.generalcannabis.com, www.weedmaps.com, www.marijuanamedicine.com announces that the 11 medical clinics that its wholly owned subsidiary, General Health Solutions, Inc. DBA Marijuana Medicine Evaluation Centers (MMEC) manages exceeded $4,000,000 in gross sales in 2010. General Health Solutions specializes in the turn-key management of medicinal marijuana clinics throughout California. The company currently manages 11 medical clinics and anticipates opening or managing 10 additional clinics throughout states that permit the use of medicinal marijuana by year-end 2011.
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"Our powerful marketing allows a simple and clear focus when it comes to expanding our managed health care unit; we follow the data. We believe we are the largest aggregator of cannabis data in the country and we leverage that systematically when determining new facility locations for physicians," states President Doug Francis.
General Cannabis is moving closer with its acquisition of substantially all the assets of Revyv, LLC. Revyv is a marketing company that specializes in the healthcare arena. The company primarily markets its services through its website CannabisCenters.com. The acquisition includes proprietary management and verification systems designed specifically for the medical marijuana industry. The acquisition will increase the company's healthcare marketing capabilities throughout states in which General Cannabis does not yet have a healthcare presence.
General Cannabis CEO Jim Pakulis states: "The synergy between General Cannabis and Revyv is outstanding. Not only are we acquiring an exceptional company, with their extensive database and software, but we're fortunate to have the co-founders of Revyv join our team at General Cannabis."
GENERAL CANNABIS, INC.
About General Cannabis, Inc. (OTCPK: CANA)
General Cannabis, Inc. (OTCPK: CANA) a Nevada based company with headquarters in Costa Mesa, California, is a technology driven company that is material in defining the multi-billion dollar cannabis industry. The wholly owned subsidiaries of General Cannabis include WeedMaps Media, Inc., General Health Solutions, Inc., General Merchant Services, Inc. and US Cannabis, Inc. Each subsidiary plays a vital role in the ongoing success of General Cannabis. General Cannabis explores opportunities of vertical integration through the five core industry sectors identified as probable high growth areas including media, technology, merchant services, medical and management.
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). General Cannabis, Inc. cautions that statements made in this news release relating to the change of control and new business direction constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. General Cannabis, Inc. undertakes no obligation to revise these statements following the date of this news release.
For info please contact our investor relations department at 1-888-693-5219.
The Pink OTC Markets Inc. does not accept responsibility for the adequacy or accuracy of this release.
SOURCE General Cannabis, Inc.
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