American Cannabis Company Inc (OTCMKTS:AMMJ) has come down in recent weeks but looks to be on the rise again after a brief dip below $0.55 a share. AMMJ made a huge move last year from pennies to highs of $2.10 a share at the height of the last MJ boom in November. AMMJ hit the cannabis sector last year after changing its name from Brazil Interactive Media, Inc; BZRT in October of 2015.
AMMJ operates in the booming Marijuana industry that has quickly turned into a multi-billion dollar massive growth market that is sweeping across North America. In the US legal Marijuana sales grew by an unprecedented 30% in 2016 to $6.7 billion as the legal market expands in the U.S. and Canada, according to a new report by Arcview Market Research. North American sales are projected to top $20.2 billion by 2021 assuming a compound annual growth rate of 25%. The report includes Canada for the first time as it moves towards implementing legal adult use marijuana.
American Cannabis Company Inc (OTCMKTS:AMMJ) offers end-to-end solutions to existing and aspiring participants in the cannabis industry. The Company plans to utilize their industry expertise to provide business planning and market assessment services, assist state licensing procurement, create business infrastructure and operational best practices. Through their two vertically integrated businesses, American Cannabis Consulting and American Cultivator Company, a group purchasing organization, they support their clients from concept to creation to commercialization to on-going operations.
AMMJ has successfully procured licensing agreements for clients domestically and internationally and is continually accessing new and existing growth opportunities as the cannabis industry continues to develop. ACC utilizes the ability to rapidly adapt to the ever evolving cannabis industry through the incorporation of the best business practices, best in-class products and innovative products and concepts.
The Company was co-founded by Corey Hollister and Ellis Smith. Mr. Hollister and Mr. Smith are the former owners of The Village Green Society which is a cannabis business located in Boulder, CO. The pair were the first to utilize a niche growing technique known as True Living Organics (TLO) on a commercial scale to cultivate medical cannabis for the Colorado patient market; which was an innovation they received national recognition for. Furthermore, Mr. Hollister and Mr. Smith were able to help the regulated cannabis industry identify a new type of pest/mite; the Hemp Russet Mite. After the identification of this new mite variety, Mr. Hollister and Mr. Smith developed mitigation protocols for pest management, setting the standard for the best practices dealing with the Hemp Russet Mite.
To Find out the inside Scoop on AMMJ Subscribe to Microcapdaily.com Right Now by entering your Email in the box below
AMJJ knowledgeable team can work with you to build your cannabis cultivation system(s) that meets regulatory guidelines while producing consistent, quality yields. Some of our key proprietary products include:
The Companys products include:
The Cultivation Cube™: The foundation for a complete, commercial-scale grow operation, the Cultivation Cube provides exceptional environmental control, speed-to-market production, space efficiency, lean manufacturing and security.
SoHum™ Living Soil: A 100-percent organic growing medium, SoHum™ Soil prevents an improper balance of nutrients, improves plant immunity, and is more cost-effective than traditional soil and fertilizer growth methods.
The Satchel™: The Satchel™ is a pouch-like case for Cannabis and Cannabis-infused products that was designed to meet regulatory compliance with laws that require child-resistant exit packaging for licensed medicinal and recreational Cannabis businesses.
AMMJ also offers light systems designed to optimize yield and energy efficiency, automated watering systems like the AutoPot and other corollary cultivation products required to meet all your operational needs. American Cannabis Company understands the challenges faced within a regulated cannabis market, and our merchandise is tailored to control pests and plant disease, maximize your harvest, reduce waste, move your product quickly to market, and improve the overall effectiveness of your cultivation business. The Trade Winds™ GPO offers a wide variety of products for your operational requirements.
On September 28 AMMJ announced its active client in New Brunswick has successfully submitted application materials and supporting documents for the purpose of acquiring business licenses to operate within the newly founded medical cannabis program that is to be regulated by the province and the Canadian government.
This client will be constructing a custom 63,000 square foot warehouse featuring state-of-the-art cultivation and extraction technologies with a focus on lean manufacturing principles. ACC’s client will also be placing a 50,000 square foot greenhouse on the roof of the warehouse, expanding the firm’s overall output potential as they look to service the demand of the medical market as well as ramp-up and prepare for licensure and sales for Canada’s upcoming 2018 recreational market.
Terry Buffalo, CEO of American Cannabis Company, commented: “We are very pleased to be working with such a determined and dedicated client who wants to see their businesses truly succeed. Canada is full of business opportunity for our firm, and we cannot be happier to be providing services to what will soon be a top-tier producer in the space.”
We have a Monster Pick Coming. Subscribe Right Now!
Currently trading at a $29 million market valuation AMMJ had $1.6 million in the treasury according to their last 10Q and fast growing sales reporting $1,569,938 in revenues for the 6 months ended June 30, 2017 up from $984,052 for the same period last year. AMMJ is an exciting story developing in small caps; the Company is a full-service business-to-business consulting solutions provider with a number of happy and successful clients under its belt and the seller of a growing line of ancillary products to the cannabis industry. As pot stocks have taken the OTC by storm AMMJ has shown us it can move big. We will be updating on AMMJ when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with AMMJ.
Sign Up now for our 100% FREE Penny Stock Newsletter
Disclosure: we hold no position in AMMJ either long or short and we have not been compensated for this article.