UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): January 13, 2015 (January 12, 2015)

 


 

CANADIAN CANNABIS CORP.

(Exact name of registrant as specified in its charter)

 


 

Delaware   000-54915   45-3327444

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

100 Rutherford Road South

Brampton, Ontario, Canada

  L6W 2J2
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (866) 790-3324

 

____________________________________________________

(Former name or former address, if changed since last report)

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 
 

 

FORWARD-LOOKING STATEMENTS

 

There are statements in this Current Report on Form 8-K that are not historical facts. These “forward-looking statements” can be identified by use of terminology such as “believe,” “may,” “anticipate,” “should,” “intend,” “will,” “estimate,” “project,” and similar expressions. You should be aware that these forward-looking statements are subject to risks and uncertainties that are beyond our control.  Although management believes that the assumptions underlying the forward looking statements included in this Current Report are reasonable, they do not guarantee our future performance, and actual results could differ from those contemplated by these forward looking statements. The assumptions used for purposes of the forward-looking statements specified in the following information represent estimates of future events and are subject to uncertainty as to possible changes in economic, legislative, industry, and other circumstances. As a result, the identification and interpretation of data and other information and their use in developing and selecting assumptions from and among reasonable alternatives require the exercise of judgment. To the extent that the assumed events do not occur, the outcome may vary substantially from anticipated or projected results, and, accordingly, no opinion is expressed on the achievability of those forward-looking statements. In the light of these risks and uncertainties, there can be no assurance that the results and events contemplated by the forward-looking statements contained in this Current Report will in fact transpire. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. We do not undertake any obligation to update or revise any forward-looking statements.

 

As used in this Current Report and unless otherwise indicated, the terms “we”, “us”, “our”, and the “Company” refer to Canadian Cannabis Corp.

 

Item 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Election of a New Director

 

On January 12 2015, Richard Wachsberg was appointed as a director of Canadian Cannabis Corp. by a majority vote of the remaining directors of the Company. Mr. Wachsberg will initially serve on the Executive Committee of the Company board of directors.

 

The Company intends to compensate Mr. Wachsberg for his services on the board in the amount of CAD $31,250 (approximately USD $26,118) per quarter. As of the filing of this Current Report on Form 8-K, the details of Mr. Wachsberg’s compensation remain subject to finalizing and documentation of same.

 

Additionally, Mr. Wachsberg owns 100,000 shares of the Company’s common stock, representing less than 1% ownership interest in the Company. Mr. Wachsberg also owns 500,000 warrant shares, which are exercisable for an additional 500,000 shares of the Company’s common stock, and has the option to acquire up to an additional 400,000 warrant shares, which would be exercisable for up to an additional 400,000 shares of the Company’s common stock.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

 

    Canadian Cannabis Corp.
    (Registrant)
     
Date: January 13, 2015   By: /S/ Benjamin Ward
     

Benjamin Ward

CEO, President, and Director