General Cannabis Hires Next Big Crop Consulting Team

DENVER, May 14, 2015 (GLOBE NEWSWIRE) — Advanced Cannabis Solutions, d/b/a General Cannabis Corporation (OTC:CANN), a service provider to businesses in the regulated cannabis industry, today announced that it has hired the team of Next Big Crop Consulting, a Boulder, Colorado based cannabis consulting firm, who will now be working for CANN as apart of General Cannabis Consulting, CANN’s wholly owned subsidiary.

Effective today, Rich Cardinal and Dave Millar will join General Cannabis as vice presidents. Trevor McGarvey will be engaged as a consultant to General Cannabis.

The team from Next Big Crop has unparalleled experience in every phase of the production and sale of cannabis. These include New License Competition, Compliance Advising Services, Cultivation Operation & Logistical Support Design/Build Services and ongoing Cultivation Management Services.

“The integration of the Next Big Crop team fits exceptionally well and strengthens our portfolio of services for the legal cannabis industry,” said Robert Frichtel, CEO of CANN. “We can now provide our clients with a fully integrated solution from the strategy and planning phases to the construction and administration portion of all of their cannabis business needs.” Frichtel continued “We now have a complete portfolio of services to fully integrate with our clients’ needs.”

“We are delighted to join General Cannabis,” said Rich Cardinal and Dave Millar. “In today’s rapidly changing legal cannabis industry, we now have a partner that is an excellent fit and will continue to expand the unique services that we have created over the years.”

These agreements are effective immediately. In connection with the employment agreements CANN will be paying cash salaries to the individuals and also intends to issue equity compensation when legally permitted to do so.

About General Cannabis Corporation

General Cannabis Corporation provides services to the regulated cannabis industry throughout the United States. We lease growing space and related facilities (commercial real estate and equipment) to licensed cannabis business operators for their production needs.

Through Iron Protection Group, we provide security services tailored to the cannabis industry including armed guards, cash transport and secure cannabis transport services.

We are pursuing ancillary business products and services including customized finance, capital formation, banking, regulatory compliance consulting, security and advanced logistical support for grow operations.

As previously announced, Advanced Cannabis Solutions, Inc. intends to seek shareholder approval to change its name to General Cannabis Corporation. The Company expects to effect the name change this spring in connection with its annual shareholders’ meeting.