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Medical Business: General Cannabis Acquiring Synergistic Resources Assets

December 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — General Cannabis, Inc. (CANA – OTC), formerly LC Luxuries, Ltd. (LLUX – OTC), said that it has signed closing documents to purchase substantially all of the assets of Synergistic Resources, LLC.

Synergistic Resources, LLC, which does business as Marijuana Medical Evaluation Centers, specializes in the turn-key management of medicinal marijuana clinics throughout California.

According to General Cannibis, the purchase is a combination of cash and stock, and the founder of Synergistic Resources, Brent Inzer, will immediately assume a position heading business development.  

California-based General Cannabis said it has initiated the development of a new e-commerce portal, has developed several new websites, and formed a subsidiary devoted to the management of medical marijuana clinics called US Cannabis.

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