marijuana stock news

General Cannabis Eyes California Market, Analysts Target, and Financial Review

CANN recently announced that it has signed a $955,000 two-year contract to manage a grow facility in California. This represents the largest single contract the company has undertaken since inception. The Company also plans to provide other services, including hardware and supply procurement, in addition to the initial contract terms.

Get more CANN updates, an analysts price target, and a financial review here:READ MORE.

Copy and paste into your browser may be required to view the report -https://bit.ly/2CJlLwa-CANN-Analyst.

This new contract for Next Big Crop, the business consulting and management arm of General Cannabis, represents the second major California-based project for the company. Iron Protection Group, the firm’s security division, opened an office near Sacramento earlier in 2017. Revenue from this new contract itself for the two-year contract period would be nearly equal to Next Big Crop’s trailing 12-month operations revenue stream for the period ending Sept. 30, 2017.

An estimate of the California cannabis market and how it impacts the overall market: READ MORE.

Copy and paste into your browser may be required to view the report -https://bit.ly/2CJlLwa-CANN-Analyst.

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