American Cannabis Company Launches The Satchel(TM)
June 11 2014 - 8:00AM
Access Wire
Child-Resistant, Tamper-Proof Vessel
for Dispensaries Also Approved by the American Society for Testing
and Materials
DENVER, CO / ACCESSWIRE / June 11, 2014 /
Brazil Interactive Media, Inc. d/b/a American Cannabis Company Inc.
(OTCQB: BIMI) (the “Company” or “ACC”), today announced the launch
of its proprietary product, The Satchel(tm), for use by
dispensaries as a safe carry-out vessel of cannabis product. The
Satchel(tm) will also meet Colorado Marijuana Enforcement
Division’s handling regulations for cannabis and, similar
regulations being adopted by other states. By ACC estimates, the
Company believes demand for The Satchel(tm) at approximately 80,000
units per month and will be sold through American Cannabis
Company’s The Trade Winds distribution channel.
American Cannabis Company’s The Satchel(tm) has also been
awarded an approval from the American Society for Testing and
Materials (ASTM). The Satchel(tm) was granted approval after a
mandatory two month review and testing process. The Satchel(tm) is
a child-resistant vessel for dispensaries to assemble orders and
ensure the proper handling of cannabis per each state’s
legislation. ACC anticipates favorable customer and market
reception of The Satchel(tm). The Satchel(tm) will be sold through
the Company’s diversified, multi-product distribution company, The
Trade Winds. The Company believes that The Satchel(tm) will provide
high growth potential as medical cannabis dispensaries open in the
many states currently in a legislation review, and permit
processes.
"As our business operates on the forefront of the legal and
approval process of dispensaries, we have a privileged peek into
products required in the medical cannabis industry," began ACC CEO
Corey Hollister. “As compliance and regulation are important for
any medical product, we are pleased the industry has adopted an
important handling and transport standard of cannabis. We believe
our product now provides dispensaries a cost-effective, compliant
and approved option to this large market, currently being serviced
by only a handful of manufactures of carry-out vessels.”
About American Cannabis Company:
American Cannabis Company (“ACC”) owns and operates three
vertically integrated businesses, American Cannabis Consulting,
Cube Root Inc. and The Trade Winds Inc., which deliver an
end-to-end solution for their customers and clients within the
cannabis industry. Through these businesses, ACC provides
industry specific advisory and consulting services,
manufactures cultivation products and facilities, and manages a
strategic group partnership that produces private label customer
products. ACC has successfully procured licensing agreements for
its clients in several states and is accessing existing and new
growth opportunities, in both domestic and international
cannabis markets.
For more information, please visit:
http://www.americancannabiscompanyinc.com/
About ASTM International
ASTM International, formerly known as the American Society for
Testing and Materials (ASTM), is a globally recognized leader in
the development and delivery of international voluntary consensus
standards. Today, some 12,000 ASTM standards are used around the
world to improve product quality, enhance safety, facilitate market
access and trade, and build consumer confidence. ASTM’s leadership
in international standards development is driven by the
contributions of its members: more than 30,000 of the world’s top
technical experts and business professionals representing 150
countries. Working in an open and transparent process and using
ASTM’s advanced electronic infrastructure, ASTM members deliver the
test methods, specifications, guides, and practices that support
industries and governments worldwide.
Forward Looking Statements
This news release contains "forward-looking statements"
which are not purely historical ]and include any statements
regarding beliefs, plans, expectations or intentions regarding the
future. Such forward-looking statements include, among other
things, the development, costs and results of new business
opportunities. Actual results could differ from those projected in
any forward-looking statements due to numerous factors. Such
factors include, among others, the inherent uncertainties
associated with new projects. These forward-looking statements are
made as of the date of this news release, and we assume no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements. Although we believe that any
beliefs, plans, expectations and intentions contained in this press
release are reasonable, there can be no assurance that any such
beliefs, plans, expectations or intentions will prove to be
accurate. Investors should consult all of the information set forth
herein and should also refer to the risk factors disclosure
outlined in our annual report on Form 10-K for the most recent
fiscal year, our quarterly reports on Form 10-Q and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission. For more information, please visit
http://www.sec.gov/.
Contact:
Company
John Mattio
Corporate, Media and Investor Communications
Phone: (720) 466-3789
john@americancannabisconsulting.com
Source: American Cannabis Company Inc.
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