SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN THE STATEMENTS
FILED
PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. __)*
General Cannabis Corporation
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
36930V100
(CUSIP Number)
March 5, 2018
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ☐ | Rule 13d-1(b) |
| ☒ | Rule 13d-1(c) |
| ☐ | Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
SCHEDULE 13G
CUSIP NO. 36930V100
| 1 |
NAMES OF REPORTING PERSONS
Lloyd Goldman | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ☐ (b) ☐ |
| 3 | SEC USE ONLY
| |
| 4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH |
5 |
SOLE VOTING POWER
2,835,000 shares of Common Stock |
| 6 |
SHARED VOTING POWER
0 | |
| 7 |
SOLE DISPOSITIVE POWER
2,835,000 shares of Common Stock | |
| 8 |
SHARED DISPOSITIVE POWER
0 |
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,835,000 shares of Common Stock |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
|
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.0% (See Item 4) |
| 12 |
TYPE OF REPORTING PERSON
IN |
| 1 |
SCHEDULE 13G
CUSIP NO. 36930V100
| Item 1(a). | Name of Issuer: |
General Cannabis Corporation (the "Issuer")
| Item 1(b). | Address of Issuer's Principal Executive Offices: |
6565 E. Evans Avenue
Denver, Colorado 80224
| Item 2(a). | Name of Person Filing: Lloyd Goldman |
| Item 2(b). | Address of Principal Business Office or, if None, Residence: |
417 5th Avenue, New York, New York 10016
| Item 2(c). | Citizenship: United States of America |
| Item 2(d). | Title of Class of Securities: Common Stock, par value $0.001 per share |
| Item 2(e). | CUSIP Number: 36930V100 |
| Item 3. | Not applicable |
| Item 4. | Ownership. |
| (a) | Amount beneficially owned: 2,835,000 shares of Common Stock |
| (b) | Percent of class: 8.0% |
| (c) | Number of shares to which such person has: |
| (i) | Sole power to vote or direct the vote: 2,835,000 shares of Common Stock |
| (ii) | Shared power to vote or direct the vote: 0 |
| (iii) | Sole power to dispose or to direct the disposition of: 2,835,000 shares of Common Stock |
| (iv) | Shared power to dispose of or direct the disposition of: 0 |
| Item 5. | Ownership of Five Percent or Less of a Class. |
Not applicable
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable
| 2 |
SCHEDULE 13G
CUSIP NO. 36930V100
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported By the Parent Holding Company. |
Not applicable
| Item 8. | Identification and Classification of Members of the Group. |
Not applicable
| Item 9. | Notice of Dissolution of a Group. |
Not applicable
| Item 10. | Certification. |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
| 3 |
SCHEDULE 13G
CUSIP NO. 36930V100
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| Dated: | March 6, 2018 |
| By: | /s/ Lloyd Goldman | |
| Lloyd Goldman |
| 4 |