0001104659-20-088525.txt : 20200730
0001104659-20-088525.hdr.sgml : 20200730
20200730200827
ACCESSION NUMBER: 0001104659-20-088525
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200728
FILED AS OF DATE: 20200730
DATE AS OF CHANGE: 20200730
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HERSHEY ADAM
CENTRAL INDEX KEY: 0001440975
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54457
FILM NUMBER: 201062768
MAIL ADDRESS:
STREET 1: 140 RIVERSIDE BOULEVARD
STREET 2: APT 2302
CITY: NEW YORK
STATE: NY
ZIP: 10069
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hershey Strategic Capital, LP
CENTRAL INDEX KEY: 0001465476
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54457
FILM NUMBER: 201062769
BUSINESS ADDRESS:
STREET 1: C/O HERSHEY STRATEGIC CAPITAL GP, LLC
STREET 2: 6 POMPANO ROAD
CITY: RUMSON
STATE: NJ
ZIP: 07760
BUSINESS PHONE: (917) 562-2722
MAIL ADDRESS:
STREET 1: C/O HERSHEY STRATEGIC CAPITAL GP, LLC
STREET 2: 6 POMPANO ROAD
CITY: RUMSON
STATE: NJ
ZIP: 07760
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HERSHEY STRATEGIC CAPITAL GP, LLC
CENTRAL INDEX KEY: 0001613737
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54457
FILM NUMBER: 201062770
BUSINESS ADDRESS:
STREET 1: 888 7TH AVENUE
STREET 2: 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 2125428201
MAIL ADDRESS:
STREET 1: 888 7TH AVENUE
STREET 2: 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HERSHEY MANAGEMENT I, LLC.
CENTRAL INDEX KEY: 0001494208
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54457
FILM NUMBER: 201062771
BUSINESS ADDRESS:
STREET 1: 888 7TH AVENUE
STREET 2: 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 212-753-0804
MAIL ADDRESS:
STREET 1: 888 7TH AVENUE
STREET 2: 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hershey Management IV, LLC
CENTRAL INDEX KEY: 0001814077
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54457
FILM NUMBER: 201062772
BUSINESS ADDRESS:
STREET 1: 6 POMPANO ROAD
CITY: RUMSON
STATE: NJ
ZIP: 07760
BUSINESS PHONE: 9175622722
MAIL ADDRESS:
STREET 1: 6 POMPANO ROAD
CITY: RUMSON
STATE: NJ
ZIP: 07760
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Shore Ventures III, LP
CENTRAL INDEX KEY: 0001721551
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54457
FILM NUMBER: 201062773
BUSINESS ADDRESS:
STREET 1: C/O HERSHEY MANAGEMENT IV, LLC
STREET 2: 6 POMPANO ROAD
CITY: RUMSON
STATE: NJ
ZIP: 07760
BUSINESS PHONE: (917) 562-2722
MAIL ADDRESS:
STREET 1: C/O HERSHEY MANAGEMENT IV, LLC
STREET 2: 6 POMPANO ROAD
CITY: RUMSON
STATE: NJ
ZIP: 07760
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GENERAL CANNABIS CORP
CENTRAL INDEX KEY: 0001477009
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-DETECTIVE, GUARD & ARMORED CAR SERVICES [7381]
IRS NUMBER: 208096131
STATE OF INCORPORATION: CO
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6565 EAST EVANS AVENUE
CITY: DENVER
STATE: CO
ZIP: 80224
BUSINESS PHONE: 303-759-1300
MAIL ADDRESS:
STREET 1: 6565 EAST EVANS AVENUE
CITY: DENVER
STATE: CO
ZIP: 80224
FORMER COMPANY:
FORMER CONFORMED NAME: Advanced Cannabis Solutions, Inc.
DATE OF NAME CHANGE: 20131023
FORMER COMPANY:
FORMER CONFORMED NAME: Promap Corp
DATE OF NAME CHANGE: 20091117
4
1
tm2026110-2_4.xml
OWNERSHIP DOCUMENT
X0306
4
2020-07-28
0
0001477009
GENERAL CANNABIS CORP
CANN
0001440975
HERSHEY ADAM
6 POMPANO ROAD
RUMSON
NJ
07760
1
0
1
0
0001465476
Hershey Strategic Capital, LP
6 POMPANO ROAD
RUMSON
NJ
07760
0
0
1
0
0001613737
HERSHEY STRATEGIC CAPITAL GP, LLC
6 POMPANO ROAD
RUMSON
NJ
07760
0
0
1
0
0001494208
HERSHEY MANAGEMENT I, LLC.
6 POMPANO ROAD
RUMSON
NJ
07760
0
0
1
0
0001814077
Hershey Management IV, LLC
6 POMPANO ROAD
RUMSON
NJ
07760
0
0
1
0
0001721551
Shore Ventures III, LP
6 POMPANO ROAD
RUMSON
NJ
07760
0
0
1
0
Common Stock
2020-07-28
4
P
0
502134
0.3983
A
2510670
I
See footnote (1) and
Common Stock
2020-07-28
4
P
0
1544062
0.3983
A
5021340
I
See footnote
Warrants to purchase common stock
0.5565
2020-07-28
4
A
0
376600
0
A
2020-07-28
2025-05-29
Common stock
376600
376600
I
See footnote
Warrants to purchase common stock
0.5565
2020-07-28
4
A
0
1158047
0
A
2020-07-28
2025-05-29
Common stock
1158047
1158047
I
See footnote
Represents shares of the common stock of the Issuer, and warrants to purchase shares of the common stock of the Issuer, that were acquired by Hershey Strategic Capital, LP ("HSC LP") on July 28, 2020 at a third closing effected pursuant to a Subscription Agreement dated as of May 29, 2020 among HSC LP, Shore Ventures III, LP ("Shore Ventures") and the Issuer. Such shares of common stock and warrants are held directly by HSC LP. Hershey Management I, LLC is the investment advisor of HSC LP. Hershey Strategic Capital GP, LLC is the general partner of HSC LP. (continue with footnote 2)
Adam Hershey is the sole managing member of both Hershey Management I, LLC and Hershey Strategic Capital GP, LLC. As the investment advisor of HSC LP, Hershey Management I, LLC, which is controlled by Mr. Hershey, has the voting and dispositive power with respect to all of the securities of the Issuer owned by HSC LP. Each of Hershey Management I, LLC, Hershey Strategic Capital GP, LLC and Adam Hershey disclaims beneficial ownership in the securities of the Issuer held directly by HSC LP except to the extent of its pecuniary interest therein.
Represents shares of the common stock of the Issuer, and warrants to purchase shares of the common stock of the Issuer, that were acquired by Shore Ventures on July 28, 2020 at a third closing effected pursuant to a Subscription Agreement dated as of May 29, 2020 among HSC LP, Shore Ventures and the Issuer. Such shares of common stock and warrants are held directly by Shore Ventures. Hershey Management IV, LLC is the general partner of Shore Ventures. Adam Hershey is the sole managing member of Hershey Management IV, LLC. As the general partner of Shore Ventures, Hershey Management IV, LLC, which is controlled by Mr. Hershey, has the voting and dispositive power with respect to all of the securities of the Issuer owned by Shore Ventures. Each of Hershey Management IV, LLC and Adam Hershey disclaims beneficial ownership in the securities of the Issuer held directly by Shore Ventures except to the extent of its pecuniary interest therein.
HERSHEY MANAGEMENT I, LLC, By: /s/ Adam Hershey, Managing Member
2020-07-30
HERSHEY STRATEGIC CAPITAL, LP, By: Hershey Strategic Capital GP, LLC, Its general partner, By: /s/ Adam Hershey, Managing Member
2020-07-30
HERSHEY STRATEGIC CAPITAL GP, LLC, By: /s/ Adam Hershey, Managing Member
2020-07-30
HERSHEY MANAGEMENT IV, LLC, By: /s/ Adam Hershey, Managing Member
2020-07-30
SHORE VENTURES III, LP, By: Hershey Management IV, LLC, Its general partner, By: /s/ Adam Hershey, Managing Member
2020-07-30
/s/ Adam Hershey, Authorized Signatory
2020-07-30