SOURCE: General Cannabis, Inc.

General Cannabis, Inc.

August 08, 2011 08:00 ET

General Cannabis Announces Record Monthly Revenue of $1.1 Million for WeedMaps Media

NEWPORT BEACH, CA--(Marketwire - Aug 8, 2011) - General Cannabis, Inc. (OTCQX: CANA), a technology-based Internet marketing services company, today announced that WeedMaps Media reported record monthly revenue of $1.1 million for the month ended July 31, 2011.

"We are pleased to report continuing momentum for WeedMaps. We have seen growth across all of our legacy offerings, specifically in daily deals and our doctor network," said Doug Francis, President and Chief Strategy Officer of General Cannabis. "Our next iteration displays testing results dynamically across our site. This will create many new ways to monetize our content." Progress Update

General Cannabis is nearing completion of beta testing for, a new portal that provides patient management solutions and software applications to the alternative healthcare industry. The site provides secure, reliable and HIPAA-compliant solutions that allow patients to manage appointments and doctors to run their practices efficiently by optimizing appointment schedules. SafeAccessMD offers physicians a variety of features including verification of recommendation letters, electronic patient profiles and medical records, online scheduling capabilities, and an appointment reminder system that can be accessed by voicemail, email or SMS. Applications can be customized to accommodate physicians with multiple locations or practices and are priced to meet the specific requirements of each individual practice.

" is General Cannabis's first pure software release and we couldn't be more excited. The level of customization and our focus on the healthcare industry makes this software a win for every doctor in our industry," said Jim Pakulis, CEO of General Cannabis. "Our technology is applicable beyond cannabis and we are already in development on our next medical niche."

About General Cannabis

General Cannabis, Inc. (OTCQX: CANA), a technology-based Internet marketing services company, offers customers an integrated suite of services including media, technology, marketing and information. Founded in 2010, General Cannabis is headquartered in Newport Beach, California.

Safe Harbor Notice

Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). General Cannabis, Inc. cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. General Cannabis, Inc. undertakes no obligation to revise these statements following the date of this news release.