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American Cannabis Company Inc (CE)

American Cannabis Company Inc (CE) (AMMJ)

0.0003
0.0001
(50.00%)
Closed December 03 4:00PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.0003
Bid
0.00
Ask
0.00
Volume
552,457
0.000001 Day's Range 0.004
0.000001 52 Week Range 0.025
Market Cap
Previous Close
0.0002
Open
0.000001
Last Trade
301
@
0.0003
Last Trade Time
Financial Volume
$ 166
VWAP
0.0003
Average Volume (3m)
110,110
Shares Outstanding
185,800,915
Dividend Yield
-
PE Ratio
0.00
Earnings Per Share (EPS)
-0.02
Revenue
2.48M
Net Profit
-3.66M

About American Cannabis Company Inc (CE)

American Cannabis Company, Inc. offers end-to-end solutions to existing and aspiring participants in the cannabis industry. We utilize our industry expertise to provide business planning and market assessment services, assist state licensing procurement, create business infrastructure and implement ... American Cannabis Company, Inc. offers end-to-end solutions to existing and aspiring participants in the cannabis industry. We utilize our industry expertise to provide business planning and market assessment services, assist state licensing procurement, create business infrastructure and implement operational best practices. American Cannabis Company also developed and owns a portfolio of branded products including: The patented Satchel, SoHum Living Soils, The Cultivation Cube and The High Density Cultivation System ("HDCS"). In addition, we design and provide other industry specific custom product solutions. The building and development of our brands and product suite is based on our Geoponics Philosophy, "The art and science of agriculture in soil." For more information, please visit: www.americancannabisconsulting.com. We are also own and operate three licensed retail Medical Marijuana Centers operating under the tradename "Naturaleaf," located at 1004 S. Tejon Street, Colorado Springs, CO 80903, 2727 Palmer Park Blvd. Suite A, Colorado Springs, CO 80909, and 5875 Lehman Drive, Ste. 100, Colorado Springs, CO 80918. Additionally we operate under an Optional Premises Cultivation license, and Medical Marijuana-Infused Product Manufacturer license, along with fixed assets all located at 2611 Durango Drive, Colorado Springs, CO 80910. Show more

Sector
Television Broadcast Station
Industry
Television Broadcast Station
Headquarters
Wilmington, Delaware, USA
Founded
-
American Cannabis Company Inc (CE) is listed in the Television Broadcast Station sector of the OTCMarkets with ticker AMMJ. The last closing price for American Cannabis (CE) was $0. Over the last year, American Cannabis (CE) shares have traded in a share price range of $ 0.000001 to $ 0.025.

American Cannabis (CE) currently has 185,800,915 shares outstanding. The market capitalization of American Cannabis (CE) is $37,160.18 . American Cannabis (CE) has a price to earnings ratio (PE ratio) of 0.00.

AMMJ Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0001-250.00040.00061.0E-6404190.00028979CS
40.0001500.00020.00061.0E-61113160.00021691CS
12-0.0042-93.33333333330.00450.011.0E-61101100.0037595CS
26-0.0072-960.00750.011.0E-61886070.00556601CS
52-0.0157-98.1250.0160.0251.0E-64265490.00932838CS
156-0.0897-99.66666666670.090.11.0E-62598480.0262188CS
260-0.1632-99.81651376150.16350.661.0E-63052600.09721471CS

Movers

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  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
KBNTKubient Inc (CE)
$ 0.0003
(29,900.00%)
400
YAYOYayYo Inc (CE)
$ 0.0002
(19,900.00%)
15.71k
NHIQNantHealth Inc (CE)
$ 0.25
(12,400.00%)
1.12k
ARDSAridis Pharmaceuticals Inc (CE)
$ 0.0001
(9,900.00%)
33.37k
NSTBNorthern Star Investment Corporation II (CE)
$ 0.01
(9,900.00%)
300
CLVRClever Leaves Holdings Inc (CE)
$ 0.0002
(-99.98%)
676
CITLFCritical Infrastructure Technologies Ltd (PK)
$ 0.0001
(-99.96%)
500
RQHTFReliq Health Technologies Inc (CE)
$ 0.000001
(-99.91%)
100
EORBFOrbite Technologies Inc (CE)
$ 0.000001
(-99.69%)
95.8k
ANTHAnthera Pharmaceuticals Inc (CE)
$ 0.000001
(-99.50%)
428
RDARRaadr Inc (PK)
$ 0.0011
(29.41%)
407.34M
CMGRClubhouse Media Group Inc (PK)
$ 0.0001
(0.00%)
304.71M
DPUIDiscount Print USA Inc (PK)
$ 0.0003
(50.00%)
187.09M
HMBLHUMBL Inc (PK)
$ 0.0003
(50.00%)
105.08M
DRNGDrone Guarder Inc (PK)
$ 0.00025
(25.00%)
88.96M

AMMJ Discussion

View Posts
Rogue3 Rogue3 2 weeks ago
Seems TEC and Credex might be under the same umbrella. I don't have any thoughts on this transaction really - as long as the "company" in whatever form it becomes returns to trading on the OTC and the outstanding shares remain under control.

The real issue is the outlook for the cannabis sector the next couple of years, if the next legislative branch will not support legalizing.
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StockDetective StockDetective 2 weeks ago
Scroll down and read Credex Corporation’s 8K. $AMMJ is mentioned. Any thoughts?

https://www.credexcorporation.com/CREDEX%20CORPORATION--Letter%20from%20Chairman--11-12-2024.pdf
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Rogue3 Rogue3 2 weeks ago
Part of the filing indicates some of the funds will be allocated toward updating the financials so it would seem they are setting up to be reinstated. Just my opinion.
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StockDetective StockDetective 2 weeks ago
Interesting…

https://www.credexcorporation.com/CREDEX%20CORPORATION--Letter%20from%20Chairman--11-12-2024.pdf

https://www.credexcorporation.com/CREDEX%20CORPORATION--Letter%20from%20Chairman--10-12-2024.pdf
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AtomicMagician54 AtomicMagician54 2 weeks ago
Are they coming back, will they be traded again?
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AtomicMagician54 AtomicMagician54 2 weeks ago
Would AMMJ will be traded again on OTC market?
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Rogue3 Rogue3 3 weeks ago
8K:

Effective November 4, 2024, the Registrant entered into a material definitive agreement not made in the normal course of business. The parties to the agreement are the Registrant and TEC, LLC, a Delaware limited liability company (β€œTEC”). No material relationship exists between the Registrant and TEC, LLC.

Under this agreement, the Registrant will sell 302,900,458 shares of common stock to TEC, LLC, in exchange for $310,000.

The use of funds condition also mandates that the Registrant make a payment of at least $135,000 toward obligations owed to Medihemp, LLC, SLAM Enterprises, LLC, and Medical Cannabis Caregivers, Inc. These obligations stem from the Registrant’s acquisition of fixed assets and related intellectual property on March 11, 2021, as amended on April 29, 2022, and June 8, 2023. The acquired assets include licenses issued by the Colorado Marijuana Enforcement Division and the City of Colorado Springs for (i) Medical Marijuana Center Licenses, (ii) a Medical Marijuana-Infused Product Manufacturer License, and (iii) a Medical Marijuana Optional Premises Cultivation License.

At the closing of the transaction, Ellis Smith and Hollister & Blacksmith, Inc. will assume, jointly and severally, all outstanding debts of the Registrant and agree to indemnify the Registrant against any known or unknown, fixed or contingent liabilities of any kind arising from the Registrant’s operations up to the closing date. This indemnification covers any claims, obligations, debts, damages, or responsibilities, whether known or unknown.

Ellis Smith will also release the Registrant from any obligations related to two promissory notes issued to him on November 22, 2022, and February 14, 2023, including all principal, interest, and any associated penalties. Smith has personally guaranteed the assumption and responsibility for all assigned liabilities, providing indemnity to the Registrant.

Effective November 11, 2024, the Registrant appointed Joseph Cleghorn, age 64, as a director of the Company, Chairman of the Board of Directors, Chief Executive Officer, and interim Chief Financial Officer.
👍 2
Rogue3 Rogue3 1 month ago
I would take a gamble here and buy a boatload as the pps has moved a bit upward. I'm betting things get restored here, and if I'm right, this share price is literally theft.

I called my broker, and they wouldn't permit me to enter a buy order being in restricted status. However, someone's allowed to buy this as there's 50K in volume today and may make out in this, big time.
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Rogue3 Rogue3 2 months ago
OTC Markets has moved this to the Expert Market. This effectively wiped out the share price. Time will tell if the financials get filed and the ticker is restored.
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Rogue3 Rogue3 2 months ago
Interesting trading the last couple of days. Looking around the sector, a handful are down in pps so it doesnt seem like a sector pump, but the buy orders for this aren't overly huge. Scratching my head, perhaps fins are going to drop or something else brewing...
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Rogue3 Rogue3 7 months ago
White House on board with cannabis rescheduling.

https://www.marijuanamoment.net/biden-makes-historic-marijuana-rescheduling-announcement-applauding-monumental-move-to-reverse-longstanding-inequities/
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Rogue3 Rogue3 7 months ago
Sector News:

Major step forward.

https://www.marijuanamoment.net/dea-agrees-to-reschedule-marijuana-under-federal-law-in-historic-move-following-biden-directed-health-agencys-recommendation/
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Rogue3 Rogue3 7 months ago
Significant volume in the first hour of trading. Not sure if this is a one off anomaly or something is imminent.
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Rogue3 Rogue3 9 months ago
In keeping up with this issue, the DEA has also received letters in opposition to descheduling. How the DEA comes down on it, we'll see. What's more damning is why the safer act hasn't been put through yet. Stupid really. But all we can do is wait and keep waiting. But once something cracks, it should be a catalyst to drive the sector upward.
👍️ 1
daytrader1964 daytrader1964 9 months ago
you are correct in that we need legislation/rescheduling...but think about this,forget about all the things attatched to the 2018 farmbill that says americans can buy mj as long as its .30% delta 9 thc or lower...forget about all the garbage that came with that,at that moment when it became law marijuana became legal in the united states....SO,why does the dea get to sit back and not go with the flow of the law of the land and act as if they are their own little agency not beholding to the law...govt regs should change as the law does...
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Rogue3 Rogue3 9 months ago
I think termination of the merger isn't a bad thing. Looks like the market didn't take it well today, but the shares should remain intact at least.

Back to square one, after all of that.

We need legislation or descheduling of cannabis. Otherwise I don't see this sector going anywhere.
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Rogue3 Rogue3 9 months ago
8K Filed:

On March 1, 2024, pursuant to Section 8.1(a) of the Agreement and Plan of Merger ("Agreement") and Section 12.1(a) of the Separation and Distribution Agreement with HyperScale Nexus Holding Corporation, previously disclosed on Form 8-K, and Form 14C, the parties mutually agreed to completely terminate the respective transactions. The terminations are not expected to have any material results on the operations or finances of the Company. The Company incurred no termination penalties. No legal proceedings are expected to be filed over the respective terminations.

After careful consideration, both parties concluded that the terms of the agreement couldn't be met within a reasonable timeframe and so didn't align with the Company's objectives and priorities.
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Rogue3 Rogue3 9 months ago
Volume spike during first hour, almost two to one in favor of buy orders. If something else is brewing here, it's got my attention.
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MillionMade MillionMade 10 months ago
I’m hoping it’s good news I’ve been averaging down for years now. First bought at .51! Average now is .07
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Rogue3 Rogue3 10 months ago
Up 38% in last five days. Not sure what to make of it, either something may be brewing or on a cannabis macro level, somebody believes de-scheduling of cannabis is sooner rather than later.
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MillionMade MillionMade 10 months ago
Hopefully gets back up to .50 in the next 5 years
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Rogue3 Rogue3 10 months ago
Watching the slow climb. This has crawled all the way back from sub penny. It's like it wants to get back to .02.
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d0lphint0m d0lphint0m 10 months ago
.
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RyNo_23 RyNo_23 11 months ago
About time, my friend!


AMMJ
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Captainandy Captainandy 11 months ago
#AMMJ: WOW... CANNABIS IS STARTING TO MOVE...
👍️ 2
Rogue3 Rogue3 12 months ago
For those still here, the merger agreement extended to June 2024 per filing. I was wondering what was happening.

We'll see if the stock holds above .01 until then, but that's a long time.

https://last10k.com/sec-filings/AMMJ/0001903596-23-000931.htm
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Rogue3 Rogue3 1 year ago
Updated 8K filed within the last few days. Appears a change in direction has been decided. AMMJ will operate independently. It's probably a good thing as the operations of both companies aren't aligned. The share structure appears will remain in place.

https://last10k.com/sec-filings/AMMJ/0001903596-23-000817.htm
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mick mick 1 year ago
HyperScale Nexus Holding Corporation entered into an Agreement and Plan of Merger to acquire American Cannabis Company, Inc..
September 04, 2023
Share
HyperScale Nexus Holding Corporation entered into an Agreement and Plan of Merger to acquire American Cannabis Company, Inc. (OTCPK:AMMJ) on September 5, 2023. Each three hundred shares of AMMJ common stock will be exchanged for one share of HyperScale Nexus common stock based on an exchange ratio of 300 to 1. Pursuant to the terms of the Merger Agreement, AMMJ will be a wholly owned subsidiary of HyperScale Nexus. Transaction has been unanimously approved by the board of directors of both the companies and recommended the adoption of this Agreement by the stockholders.
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mick mick 1 year ago
Cannabis Company Acquiring a Firm that Leases Nvidia H100 GPUs
WebOct 25, 2023 Β· Last month, the Colorado based American Cannabis Company agreed to acquire HyperScale Nexus Holding Corp ., and has created a business around Nvidia’s …

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mick mick 1 year ago
Cannabis Company Acquiring a Firm that Leases Nvidia H100 GPUs
WebOct 25, 2023 Β· Last month, the Colorado based American Cannabis Company agreed to acquire HyperScale Nexus Holding Corp ., and has created a business around Nvidia’s …

Other content from hpcwire.com
Comparing NVIDIA A100 and NVIDIA L40S: Which GPU is Ideal for AI and ...
Nvidia Showcases Domain-specific LLM for Chip Design at ICCAD
High Performance Sponsorship
See more
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mick mick 1 year ago
https://americancannabisconsulting.com/about/our-portfolio/
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mick mick 1 year ago
cannabis over supply ????? $AMMJ

https://americancannabisconsulting.com/category/press-releases/
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zombywolf zombywolf 1 year ago
Does anyone know if there are any assets or revenue in the company merging in? If there are none, why do they need a delay? Sounds like Tad is going the ByoPlanet route again with delays.
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Fallingknife75 Fallingknife75 1 year ago
New 8k out today.

https://www.otcmarkets.com/filing/html?id=16956125&guid=HU5-k6B5X306Jth

On September 27, 2023, pursuant to Section 8.5 of the Agreement and Plan of Merger ("Agreement") with HyperScale Nexus Holding Corporation, the parties agreed to extend the time to complete the transaction for an additional sixty days until November 29, 2023.

All the best,

Knife
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price_and_volume price_and_volume 1 year ago
Fwiw, this supposed-merger is completely unrelated to cannabis.

Doesn't look like too many expect it to go thru by 30 Sep...

Par for the course w/ Tad I guess.

GLTA
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RyNo_23 RyNo_23 1 year ago
Agreed CAPT, I think that is the main reason that it may actually pass this time.
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Captainandy Captainandy 1 year ago
#AMMJ: HEY CUCKOO.... THEY GOT To Do Something FOR (FJB) BRANDON .... MAYBE THIS TIME IT WILL PASS....
👍️ 1
cuckoo 4 cocoa puffs cuckoo 4 cocoa puffs 1 year ago
https://x.com/kylejaeger/status/1707036693533261858?s=20
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yebes436346b yebes436346b 1 year ago
"HyperScale is a Nevada corporation formed on July 3, 2023, whose business includes leveraging its acquisition agreement with xFusion Digital Technologies, Co., Ltd. to provide NVIDIA H-100 GPU chipsets to existing Tier 3 Internet data centers, developing its own tier 3 Internet data centers utilizing the NVIDIA H-100 GPU chipsets, and providing management and consulting services to existing Tier 3 data centers as an "Internet as a Service" provider."
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yebes436346b yebes436346b 1 year ago
almost looks like both companies are shell companies to me, but I agree, if they can somehow get this listed on the NASDAQ it would be great for the stock,
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Fallingknife75 Fallingknife75 1 year ago
It is basically a summary of the merger agreement. Insiders owned enough shares to pass it and not to need the rest of us to vote. I remain curious about how the shares will trade prior to the merger closing and what they may end up worth if exchanged for Hyperscale shares. If the shares of Hyperscale take off on the Nasdaq when listed this could be a great hold, but there is no way of knowing at present.

All the best,

Knife
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yebes436346b yebes436346b 1 year ago
new filing on SEC
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Phaedrus77 Phaedrus77 1 year ago
That is not true. You're looking at the Earnings Standard for the Global Select Market.

There are 3 other standards, and AMMJ won't be listing on the Global Select Market.

My guess is that after the merger, they'll qualify under the Equity Standard for the Nasdaq Capital Market....$5 million of equity, $15 million of market cap.

I don't really know though...I'm just here for the arbitrage play.
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zombywolf zombywolf 1 year ago
There won't be a NASDAQ uplist for at least 3 years. The biggest problem OTC stocks have is meeting the requirement of no net losses in the 3 yeats prior to application. I wouldn't worry about the shareholder count, the net loss requirement kills any talk of Nasdaq for a while.
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yebes436346b yebes436346b 1 year ago
one of the filings says likely by the end of the month
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Rogue3 Rogue3 1 year ago
Merger agreement says closing to take place 7 business days from signing, which was Sept 5. Anyone have an idea as to when the stock conversion will take place. I'd like to see this pps settle down from from the bleeding which needs to stop.
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a surfer a surfer 1 year ago
Decent day.
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yebes436346b yebes436346b 1 year ago
how long would the uplist take on this?
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Fallingknife75 Fallingknife75 1 year ago
New 8K; Insiders owned enough shares to approve the merger agreement without other shareholders.

https://www.otcmarkets.com/filing/html?id=16917989&guid=2Tg-kathMOxHJth

I e-mailed IR yesterday but have not recieved a reply yet.

All the best,

Knife
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Fallingknife75 Fallingknife75 1 year ago
So far it appears that the accumulation is continuing, it will be interesting to see where we end up by the end of the week.

All the best,

Knife
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