General Cannabis, Inc. (PINKSHEETS: CANA) currently announced that a unconditionally owned subsidiary, WeedMaps Media, Inc., reported increasing income for a 17th uninterrupted month and also reported certain trends during a subsidiary, General Merchant Solutions, Inc.
WeedMaps Media Experiences Continued Growth
WeedMaps Media, Inc. reported continued certain momentum, as Apr 2011 noted a 17th uninterrupted month that a auxiliary has gifted an boost in revenue. WeedMaps Media reported $887,000 in sum income for a month of April, compared to $780,000 for a month of Mar 2011.
WeedMaps will also offer as a pretension unite for a second installment of a 2011 Spring Gathering Music Festival and Medical Marijuana Expo that will take place on Saturday, Jun 11, 2011 during a NOS Events Center in San Bernardino, CA. Spring Gathering 2011 will underline live performances by Snoop Dogg, Cyprus Hill, Travis Barker with Mix Master Mike, Stephen Marley, Dilated Peoples, Collie Buddz and Tha Dogg Pound. Also compared with a eventuality will be Americans for Safe Access. The venue will yield a safe, onsite, expenditure area for medical marijuana patients attending Spring Gathering, a second-ever doing of a kind.
General Merchant Solutions Progress Update
General Cannabis also reported increases in sum estimate volume and patron registration during a subsidiary, General Merchant Solutions, Inc. General Merchant Solutions provides businessman estimate services to medical cannabis-related entities, namely medical cannabis dispensaries. Total sum credit label estimate volume continued a month over month growth, surpassing $2.6 million in Apr 2011, compared to a reported volume of $2.2 million in Mar 2011. General Merchant Solutions gifted record monthly expansion adding 40 new business for a businessman estimate services in Apr 2011.
About General Cannabis, Inc.
General Cannabis, Inc. (PINKSHEETS: CANA), headquartered in Newport Beach, California, is a technology-based services company. The unconditionally owned subsidiaries of General Cannabis embody WeedMaps Media, Inc., General Health Solutions, Inc., General Merchant Solutions, Inc. and General Processing Corporation. Each auxiliary plays a critical purpose in a ongoing success of General Cannabis. General Cannabis explores opportunities of straight formation by a 5 core attention sectors identified as illusive high expansion areas including media, technology, businessman services, medical and management. General Cannabis, Inc. trades on a OTC Pink Current Information tier of OTC Markets Group, Inc. underneath a pitch ?CANA.?
Safe Harbor Notice
Certain statements contained herein are ?forward-looking statements? (as tangible in a Private Securities Litigation Reform Act of 1995). General Cannabis, Inc. cautions that statements done in this news recover consecrate forward-looking statements and creates no pledge of destiny performance. Forward-looking statements are formed on estimates and opinions of government during a time statements are made. These statements might residence issues that engage poignant risks, uncertainties, estimates and assumptions done by management. Actual formula could differ materially from stream projections or pragmatic results. General Cannabis, Inc. undertakes no requirement to correct these statements following a date of this news release.
Article source: http://pr-usa.net/index.php?option=com_content&task=view&id=726835&Itemid=30
Source: http://rachaelrayblows.me/general-cannabis-provides-april-2011-business-update-pr/
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