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Business kicks off 2019 Ready for Development by Expanding its Executive Group, Adding 3 New Vice Presidents Promoted from Inside the Business

DENVER, Jan. 10, 2019 (GLOBE NEWSWIRE) — Basic Cannabis Corp. (OTCQX:CANN), the complete resource for the highest excellent service providers accessible to the regulated cannabis market, kicked off 2019 by announcing the promotion of 3 essential leaders inside the Business. In assistance of an aggressive development strategy the Business promoted top rated contributors from across advertising and marketing, accounting and operations. The certain promotions are as follows:

Jessica Bast promoted to Vice President | Controller. Obtaining previously served as the Company’s controller for the previous year, Bast will play a much more prominent part in supporting the Basic Cannabis leadership teams and subsidiary businesses. She will be accountable for making sure the Company’s continued adherence to Sarbanes Oxley (SOX) compliance, as properly as monetary controls and accounting associated to every of Basic Cannabis’ operating divisions and future possible acquisitions.

Hunter Garth promoted to Vice President of Organization Improvement. Garth has been with Basic Cannabis given that the starting as the organization he founded, Iron Protection Group (IPG) was Basic Cannabis’ very first acquisition. In addition to increasing IPG into one particular of the industry’s biggest and most respected safety firms, Hunter has had a front-row seat to the industry’s development by means of the previous 5 years which positions him properly to help the Business in identifying and executing new partnerships, investments and income possibilities.

Cindy Gonzales promoted to Vice President of Promoting. Gonzales joined Basic Cannabis in 2018 and quickly created her mark, assisting to debut a re-imagined Basic Cannabis brand throughout the MJ Biz Conference in Las Vegas this previous November. Leveraging her robust organization-to-organization advertising and marketing background, Cindy will continue to drive deeper advertising and marketing and sales initiatives for the whole Business as properly as for every subsidiary.

“Hunter, Jessica and Cindy every demonstrate the special mix of professionalism and passion that sets Basic Cannabis apart and we are thrilled to recognize their contributions,” stated Basic Cannabis’ CEO Michael Feinsod. “We are confident they will continue to position us as leaders in the market as we appear to expand each organically and by means of acquisition. I am also personally eager to continue to drive the expansion of the executive group, as this enhances the robust foundation we can present entrepreneurs and customers to succeed with Basic Cannabis. Congratulations to every of our new Vice Presidents for your previous contributions and thank you in advance for all you will bring to our Business and our shareholders in the future.”

About Basic Cannabis Corp.

Basic Cannabis Corp. is the complete national resource for the highest-excellent service providers accessible to the regulated cannabis market. We are a trusted companion to the cultivation, production and retail sides of the cannabis organization. We do this by means of a mixture of robust operating divisions such as safety, advertising and marketing, operational consulting and solutions, actual estate and financing. As a synergistic holding organization, our divisions are in a position to leverage the strengths of every other, as properly as a bigger balance sheet, to succeed. Our web site address is www.generalcann.com.

Forward-seeking Statements

This release includes forward-seeking statements that relate to future events or Basic Cannabis’ future overall performance or monetary situation. Such statements involve statements concerning our anticipated development in 2019 statements concerning achievable future acquisitions statements concerning future sales and advertising and marketing initiatives statements concerning our positioning as leaders in the market as we appear to expand each organically and by means of acquisition and statements concerning continued expansion of the executive group.

Any statements that are not statements of historical reality, such as the statements above and which includes statements containing the words “plans,” “anticipates,” “expects” and equivalent expressions, must also be deemed to be forward-seeking statements. These forward-seeking statements are not guarantees of future overall performance, situation or outcomes and involve a quantity of dangers and uncertainties. Actual outcomes may perhaps differ materially from these in the forward-seeking statements as outcome of a quantity of aspects, which includes these described from time to time in Basic Cannabis’ filings with the Securities and Exchange Commission. Basic Cannabis undertakes no duty to update any forward-seeking statements created herein.

MEDIA INQUIRIES

Joe Hodas
Chief Operating Officer
Basic Cannabis
303-827-6972

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