Robert Lawrence Frichtel Sells 25,000 Shares of General Cannabis Corp (CANN) Stock
General Cannabis Corp (NASDAQ:CANN) CEO Robert Lawrence Frichtel sold 25,000 shares of General Cannabis Corp stock in a transaction dated Wednesday, October 12th. The stock was sold at an average price of $3.71, for a total value of $92,750.00. Following the sale, the chief executive officer now directly owns 981,000 shares of the company’s stock, valued at approximately $3,639,510. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of General Cannabis Corp (NASDAQ:CANN) opened at 4.16 on Tuesday. The company’s market cap is $64.46 million. The stock has a 50 day moving average price of $1.71 and a 200-day moving average price of $1.15. General Cannabis Corp has a 1-year low of $0.32 and a 1-year high of $4.72.
General Cannabis Corp Company Profile
General Cannabis Corporation offers various products and services to companies in the cannabis industry. The Company’s integrated solution ranges from operational and compliance consulting to security and marketing to financing needs. The Company’s segments include Security and Cash Management Services; Marketing and Products; Consulting and Advisory, and Finance and Real Estate.
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