SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 4th, 2019 • General Cannabis Corp • Services-detective, guard & armored car services • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of May 31, 2019, between General Cannabis Corp., a Colorado corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
COMMON STOCK PURCHASE WARRANT GENERAL CANNABIS CORPGeneral Cannabis Corp • June 4th, 2019 • Services-detective, guard & armored car services
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, or its 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 5:00 p.m. (New York City time) on May __, 2024 (the “Termination 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 common stock (the “Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
