• Daily Marijuana Observer Facebook
  • Daily Marijuana Observer Twitter
  • Daily Marijuana Observer StockTwits
  • Daily Marijuana Observer SA
  • Daily Marijuana Observer Instagram
  • Daily Marijuana Observer Youtube
  • Pinterest Social Icon
  • Daily Marijuana Observer Talk Market

American Cannabis Company (OTC:AMMJ) Announces Contract w/ Canadian Licensed Producer

 Background:

 

Yesterday, American Cannabis Company, Inc. (OTC:AMMJ) announced that it had secured a contract "with a Canadian firm for the purpose of creating a cannabis Licensed Producer facility within the Atlantic provinces."

 

Who is the Canadian Firm?:

 

There is no mention of who that Canadian company is in the press release on AMMJ's website. Corey Hollister, the president and CEO of AMMJ mentions in the press release that "...we are excited to be working with a client who is positioned to excel within that market. They have a strong corporate strategy and a significant track record of success within other business sectors both in Canada as well as internationally."

 

Stay Tuned:

 

Investors probably are curious which Canadian firm they are referring to, so we have reached out to Terry Buffalo, Chief Operating Officer of AMMJ for more details regarding this contract. We have been watching the stock in the recent days as it has hit new 52-week highs of $1.01 per share. AMMJ has since has a roughly 25% correction since its highs down to $0.76 per share as of today's close. 

Be sure to subscribe to The Daily Marijuana Observer Newsletter to stay up to date! 

 

Chart Credit - Tradingview

 

Please reload

LATEST NEWS
Please reload

Please reload

DMO

© Copyright 2016-2020 Smoke Show Ventures, Inc.

RSS Feed

Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.