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February 10th, 2016- (NASDAQ: BONT) opened $1.65/share hit a high of $3.00/share within 30 days our member potential gains- 83%
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Article for General Cannabis
Tiburon Opportunity Fund, LP recently disclosed that they own a 10% stake in General Cannabis Corp (NASDAQ:CANN) in a Form 13D disclosure that was filed with the SEC on Friday, April 8th. The investor owns 3,026,988 shares of the stock worth about $3,269,147. The reporting parties listed on the disclosure included Tiburon Opportunity Fund, LP, Bortel Investment Management LLC and Peter Bortel. The disclosure is available through the SEC website at this hyperlink.
Tiburon Opportunity Fund, LP provided the following explanation of their ownership:
The Stockholder holds the Issuer’s securities for investment purposes. The Stockholder intends to participate in and influence the affairs of the Issuer only with respect to its voting rights associated with its shares of Common Stock.
The Reporting Persons do not have any present plans or proposals that relate to or would result in the occurrence of any of the events or matters described in Item 4(a)(j) of Schedule 13D.
General Cannabis Corp (NASDAQ:CANN) traded down 10.74% during trading on Friday, reaching $1.08. The company had a trading volume of 713,933 shares. The stock’s market cap is $15.55 million. The firm has a 50-day moving average price of $0.53 and a 200 day moving average price of $0.66. General Cannabis Corp has a 12-month low of $0.32 and a 12-month high of $4.25.
General Cannabis Corporation, formerly Advanced Cannabis Solutions, Inc, is a provider of products and services to the cannabis industry. The Company provides real estate leasing services by purchasing real estate assets and leasing growing space and related facilities to licensed cannabis cultivators and dispensary owners for their operations.
Source – William Strong
Broad street alerts has not been compensated for the mention of any publicly traded companies in this article nor do we own positions in any of the companies in this article.
Broad Street Alerts was previously compensated eighteen thousand five hundred dollars by star media llc for the mention of FNJN however, that contract has expired.
