NEWPORT BEACH, Calif., Dec. 8, 2011 /PRNewswire/ -- General Cannabis, Inc. (OTCBB: CANA), (OTCQX: CANA), a technology-based Internet marketing services company, today announced that WeedMaps Media, Inc. has acquired the Android smartphone application WeedLaws.
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WeedLaws is a user-friendly application that enables medical cannabis patients and providers to research state laws regarding legal cannabis use within their state and stay informed about regulatory activity in the medical cannabis industry nationwide. Already the most accurate and complete database of Marijuana laws in existence, management anticipates creating an expanded version of the WeedLaws application for market release during the first quarter of 2012.
The acquisition of the WeedLaws application follows WeedMaps Media's recent purchase of the domain name Marijuana.com.
"We're proud to acquire WeedLaws, which we believe represents one of the most innovative and important cannabis applications within an increasingly active mobile space," said Justin Hartfield, Chief Web Officer of WeedMaps. "With our upcoming release of WeedMaps.com/Lawyers on our www.WeedMaps.com portal, our purchase of WeedLaws furthers our efforts to keep medical marijuana patients informed by providing the most robust resources for the medical cannabis community. Usage of our WeedMaps Android application has skyrocketed since its launch in September, which indicates the importance of mobile applications for our industry. Our new WeedLaws application will assume the WeedMaps brand after improvements to its content and functionality are completed. We look forward to its re-release next quarter."
"Acquiring the WeedLaws app is in line with our ongoing efforts to provide the most accurate and pertinent information in the medical cannabis industry," said Doug Francis, President of General Cannabis. "We believe that WeedLaws reinforces our stance as the place to go for accurate information on medical marijuana and we are proud to welcome it to the WeedMaps family."
About General Cannabis
General Cannabis, Inc., a technology-based Internet marketing services company, offers customers an integrated suite of services including media, technology, marketing and information. Founded in 2010, General Cannabis is headquartered in Newport Beach, California. The Company's common stock trades on the OTC market's highest tier, OTCQX, under the ticker symbol "CANA." www.GeneralCannabis.com
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 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.
SOURCE General Cannabis, Inc.
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