SECURITY AGREEMENTSecurity Agreement • June 15th, 2018 • General Cannabis Corp • Services-detective, guard & armored car services • New York
THIS SECURITY AGREEMENT (this “Agreement”), dated as of June 13, 2018, is made between Dope Media, Inc., a corporation organized under the laws of the State of Delaware (“Debtor”) and General Cannabis Corp., a corporation organized under the laws of the State of Colorado (“Secured Party”).
WARRANT TO PURCHASE COMMON STOCK OF DOPE MEDIA, INC.General Cannabis Corp • June 15th, 2018 • Services-detective, guard & armored car services • New York
This Warrant to Purchase Common Stock of Dope Media, Inc. (the “Company”), dated as of June 13, 2018 (the “Warrant”) is issued in connection with that certain Senior Secured Note issued by the Company in favor of General Cannabis Corp. (the “Holder”) dated on or around the date hereof (the “Note”). This Warrant certifies that the Holder, for value received, is entitled to purchase, at the Stock Purchase Price (as defined below), from the Company, up to that number of fully paid and nonassessable shares of the Company’s Common Stock, par value $0.0001 per share (the “Common Stock”), equal to 1,846,187 shares.
