DENVER, CO -- January 29, 2021 -- InvestorsHub NewsWire -- The
Stock Day Podcast welcomed American Cannabis Company, Inc.
(OTCQB:
AMMJ) ("the Company"), a company that offers end-to-end
solutions to existing and aspiring participants in the cannabis and
hemp industries. CEO of the Company, Terry Buffalo, joined Stock
Day host Everett Jolly.
Jolly commented on the Company's impressive growth over the last
year, and asked about their background and current projects.
"American Cannabis Company has been around since 2013," shared
Buffalo. "The company has built out over 2 million square feet of
growth space, and along the way we have been looking to add
additional products and services, which we have with SoHum Living
Soils®," he continued. "We're currently looking to make these
acquisitions and we're happy to be able to diversify our income,
and hopefully level our income, by adding these acquisitions to our
portfolio."
Jolly then asked about the Company's recent announcement
detailing a non-binding Letter of Intent (LOI) to purchase assets
of Good Meds and BOSM Labs, a cannabis cultivation and extraction
facility operating in a 60,000 sq. ft. building. "We have started
the due diligence and the audit process is underway, and we're
looking to close this acquisition hopefully in the second quarter
of this year," said Buffalo. "It provides us the opportunity to
expand up to 60,000 sq. ft. to help meet the growing medical and
adult demand in the Colorado market."
The conversation then turned to BOSM Labs, which produces live
resin, live batter, budder, and shatter. "One of the big advantages
of BOSM is that it is a hydrocarbon extraction lab. So, that will
provide us the ability to add new products, SKUs, and meet the
ever-growing demand here in the Colorado market."
"What do you think will be some of the catalysts you will try to
get done in the next two to three quarters?" asked Jolly. "The
biggest thing is to get these two acquisitions that we have on the
schedule for 2021, get them integrated into the company, and then
start looking for 2022 opportunities," said Buffalo.
Buffalo then elaborated on the Company's consulting services
division. "We've seen a big increase in calls and emails into the
company. We have new clients now in all five states, and we are
currently looking to add a few more in each one of those five
states," said Buffalo. "We're looking for additional states to
potentially come onboard before the end of the year, which will
hopefully increase our consulting business for 2021."
To close the interview, Buffalo shared that the Company will
continue to be strategic in their acquisitions with a strong focus
on building shareholder value. "We're not just looking at top-line
numbers, we're looking to see how we can have profit," said
Buffalo. "That is our goal and I appreciate our shareholders being
patient," he added. "We're working every day to bring value and
provide a much cleaner type of product for the consumer than what
is out there right now. Cleaner and greener is always the
standard."
To hear Terry Buffalo's entire interview, follow the link to the
podcast here: https://audioboom.com/posts/7784397-american-cannabis-company-inc-discusses-its-2021-acquisition-strategy-with-the-stock-day-podcast
Investors Hangout is a proud sponsor
of "Stock Day," and Stock Day Media encourages listeners to visit
the company's message board at https://investorshangout.com/
About American Cannabis Company, Inc.
American Cannabis Company, Inc. offers end-to-end solutions to
existing and aspiring participants in the cannabis and hemp
industries. We utilize our industry expertise to provide business
planning and market assessment services, assist state licensing
procurement, create business infrastructure and operational best
practices. We are continuing to grow the Company by promoting our
operational management services, and license the American Cannabis
Company brand, as well as continuing to analyze acquisition
opportunities worldwide. American Cannabis Company also developed
and owns a portfolio of branded products including: SoHum Living
Soils® - Winner of the High Times S.T.A.S.H Award for "Best Potting
Mix", The Cultivation Cube™ and the High-Density Cultivation
System™. We also design and provide other industry specific custom
product solutions.
For more information about American Cannabis Company, please
visit:
www.theacclife.com
www.americancannabisconsulting.com
www.americancannabiscompanyinc.com
www.sohumsoils.com
www.americanhempservices.com
For more information on Good Meds, please visit:
https://www.goodmeds.com/
For more information on BOSM Labs, please visit:
https://www.goodmeds.com/bosm-labs/
Video Links:
https://americancannabisconsulting.com/resources/video/ (ACC
Site)
https://www.youtube.com/watch?v=aENC4aeNZis (High
Density Cultivation System)
https://www.youtube.com/watch?v=e9rNxFph_tQ&t (Cultivation
Cube)
https://www.youtube.com/watch?v=XoIcopO2yE8&t (SoHum
Living Soils®)
Forward Looking Statements
This news release contains "forward-looking statements" which
are not purely historical and may 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 and
words such as "anticipate", "seek", intend", "believe", "estimate",
"expect", "project", "plan", or similar phrases may be deemed
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. 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, the future
U.S. and global economies, the impact of competition, and the
Company's reliance on existing regulations regarding the use and
development of cannabis-based drugs. 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 www.sec.gov.
Cannabis Remains an Illegal Schedule 1 Drug Under Federal
Law
Cannabis and its derivatives are considered illegal "Schedule 1"
drugs under the Controlled Substances Act (21 U.S.C. § 811). As
such, Cannabis and its derivatives are viewed as being highly
addictive and having no medical value. The United States Drug
Enforcement Agency enforces the Controlled Substances Act, and
persons violating it are subject to federal criminal prosecution.
The criminal penalty structure in the Controlled Substances Act is
determined based on the specific predicate violations, including
but not limited to: simple possession, drug trafficking, attempt
and conspiracy, distribution to minors, trafficking in drug
paraphernalia, money laundering, racketeering, environmental damage
from illegal manufacturing, continuing criminal enterprise, and
smuggling. A first conviction under the Controlled Substances Act
can generally result in possible fines from $250,000 to $50 million
dollars, and incarceration for periods generally from five and up
to forty years. For a second conviction, fines increase generally
from $500,000 to $75 million dollars, and incarceration for periods
generally from ten years to twenty years to life.
Contact:
IR@americancannabisconsulting.com
303-974-4770
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet
for Nano-Cap and Micro-Cap companies. It educates investors while
simultaneously working with penny stock and OTC companies,
providing transparency and clarification of under-valued,
under-sold Micro-Cap stocks of the market. Stock Day provides
companies with customized solutions to their news distribution in
both national and international media outlets. The Stock Day
Podcast is the number one radio show of its kind in America. Stock
Day recently launched its Video Interview Studio located in
Phoenix, Arizona.
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