$CANN Form 8-K

The amendment to the Company’s Articles of Incorporation is filed as Exhibit 3.1 hereto and is incorporated by reference herein. The foregoing summary is qualified in its entirety by reference to the full text of the amendment.

Item 5.07.

(1) Elected the Michael Feinsod and Robert Frichtel as directors of the Company for one year term expiring at the annual meeting in 2016 and until their respective successors are elected and qualified, or until their earlier death, resignation or removal;

(2) Approved, on an advisory basis, the 2014 compensation of the Company’s named executive officers;

(3) Resolved, on an advisory basis, that the frequency of the stockholders’ say on pay vote would be held every three years;

(4) Ratified the appointment of Hartley Moore Accountancy Corporation as the Company’s independent registered certified public firm for fiscal 2015;

(5) Approved the amendment to the Company’s articles of incorporation to change the Company’s name; and

(6) Approved and adopted the Company’s 2014 Equity Incentive Plan.

The authorized capital stock of the Company consists of 105,000,000 shares of capital stock, consisting of 100,000,000 shares of common stock and 5,000,000 shares of preferred stock. As of May 5, 2015, the record date set for the Company’s annual meeting, there were 14,458,002 shares of common stock issued and outstanding, and no shares of preferred stock issued and outstanding.

The vote for each proposal was as follows:

Proposal For Against Withheld Abstain Broker Non-Votes
1. Election of Two Directors Michael Feinsod 9,285,604 0 39,784 0 0 Robert L. Frichtel 9,285,980 0 39,498 0 0

Proposal For Against Abstain
2. Executive Compensation 8,602,622 102,211 620,645

Proposal         1 Years    2 Years    3 Years    Abstain
3. Say on Pay   9,290,131   130,934   3,560,431   646,668



Proposal                     For      Against   Abstain
4. Auditor Ratification   9,290,131    4,252    31,095



Proposal                                   For      Against   Abstain

Item 9.01