Robert Lawrence Frichtel Sells 75,000 Shares of General Cannabis Corp (CANN) Stock
General Cannabis Corp (NASDAQ:CANN) CEO Robert Lawrence Frichtel sold 75,000 shares of the company’s stock in a transaction that occurred on Monday, October 17th. The stock was sold at an average price of $3.59, for a total transaction of $269,250.00. Following the completion of the sale, the chief executive officer now directly owns 906,000 shares of the company’s stock, valued at $3,252,540. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Robert Lawrence Frichtel also recently made the following trade(s):
- On Wednesday, October 12th, Robert Lawrence Frichtel sold 25,000 shares of General Cannabis Corp stock. The stock was sold at an average price of $3.71, for a total transaction of $92,750.00.
Shares of General Cannabis Corp (NASDAQ:CANN) traded up 16.83% during mid-day trading on Tuesday, hitting $4.86. 2,700,175 shares of the stock were exchanged. General Cannabis Corp has a 1-year low of $0.32 and a 1-year high of $5.19. The firm’s market cap is $75.31 million. The company’s 50-day moving average is $1.71 and its 200-day moving average is $1.15.
About General Cannabis Corp
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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