Common Contracts

GENERAL CANNABIS CORPORATION SERIES 2018 WARRANT TO PURCHASE SHARES OF COMMON STOCK

Warrant Agreement • April 26th, 2018 • General Cannabis Corp • Services-detective, guard & armored car services

• Contract Type
  Warrant Agreement
• Filed
  April 26th, 2018
• Company
  General Cannabis Corp
• Industry
  Services-detective, guard & armored car services

THIS SERIES 2018 WARRANT (the “Warrant”) certifies that, for value received, ________________ or his assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business of the twenty-fourth (24th) month after the Initial Exercise Date (the “Expiration Date”) but not thereafter, to subscribe for and purchase from General Cannabis Corporation, a Colorado corporation, (the “Company”), up to [ ] shares (as subject to adjustment hereunder, the “Warrant Shares”) of the Company’s $0.001 par value common stock, (“Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to $2.35 per share, subject to adjustment hereunder (the “Exercise Price”).

GENERAL CANNABIS CORP. SERIES 2017 WARRANT TO PURCHASE SHARES OF COMMON STOCK

Warrant Agreement • October 13th, 2017 • General Cannabis Corp • Services-detective, guard & armored car services

• Contract Type
  Warrant Agreement
• Filed
  October 13th, 2017
• Company
  General Cannabis Corp
• Industry
  Services-detective, guard & armored car services

THIS Series 2017 WARRANT (the “Warrant”) certifies that, for value received, ________________ or his assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business of the twenty-fourth (24th) month after the Initial Exercise Date (the “Expiration Date”) but not thereafter, to subscribe for and purchase from General Cannabis Corp., a Colorado corporation, (the “Company”), up to [ ] shares (as subject to adjustment hereunder, the “Warrant Shares”) of the Company’s $0.001 par value common stock, (“Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to $0.50 per share, subject to adjustment hereunder (the “Exercise Price”).