• 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

Americann (OTC:ACAN) Completes $100,000 Private Equity Offering

 

Background:

 

Yesterday, Americann, Inc. (OTC:ACAN) filed a form D with the SEC to disclose the completion of a private equity offering.

 

Americann Offering:

 

The form disclosed an offering amount of $100,000, and a total amount invested also of $100,000. This comes as positive news, reassuring investors that Americann is well capitalized as it works towards conversion to the first-ever cannabis REIT.  The total number of investors that took part in this offering was listed as just one. The form was signed by the Americann CEO, Timothy Keogh, and estimates that $0 of the offering's proceeds will be used for payments to executives or directors. 

 

It is unknown to who and why the $100,000 in equity was sold, but we will be sure to keep readers updated as we learn more details on the matter. 

 

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

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/.