GENERAL CANNABIS CORP. SERIES 2017 WARRANT TO PURCHASE SHARES OF COMMON STOCKWarrant Agreement • October 13th, 2017 • General Cannabis Corp • 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”).
GENERAL CANNABIS CORP. SECURITIES PURCHASE AGREEMENT October 9, 2017Securities Purchase Agreement • October 13th, 2017 • General Cannabis Corp • Services-detective, guard & armored car services • Colorado
This Securities Purchase Agreement (the “Agreement”) is made as of the 9th day of October 2017 by and between General Cannabis Corp., a Colorado corporation (the “Company”) and each of the purchasers listed on Schedule A attached to this Agreement (each a “Purchaser” and together the “Purchasers”).
