On August 5, 2019, the Board appointed Michael Feinsod as Chief Executive Officer of General Cannabis Corp. (the “Company”). Mr. Feinsod has held the position of Interim Chief Executive Officer of the Company since January 7, 2019.

On August 1, 2019, Duncan Levin notified the board of directors of the Company of his resignation from the board, effective immediately. Mr. Levin previously held positions on the Board's audit committee and nominating and governance committee of the Company's board of directors.