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AMERICAN CANNABIS CO - AMMJ STOCK NEWS

Welcome to our dedicated page for AMERICAN CANNABIS CO news (Ticker: AMMJ), a resource for investors and traders seeking the latest updates and insights on AMERICAN CANNABIS CO stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AMERICAN CANNABIS CO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AMERICAN CANNABIS CO's position in the market.

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American Cannabis Company, Inc. (AMMJ) announces that its subsidiary, SoHum Living Soils®, has achieved Organic Input Material (OIM) certification from the California Department of Food and Agriculture. This certification confirms compliance with California’s organic regulations and emphasizes SoHum products as premium options. The company now holds triple certifications, including OMRI and Clean Green, setting it apart in the cannabis soil market. Ellis Smith, the chairman, expresses enthusiasm over this milestone, reinforcing their commitment to organic cultivation standards.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.86%
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Rhea-AI Summary

American Cannabis Company (ACC) and KORcannabis have formed a strategic alliance to enhance the cannabis industry through innovative technology and research. The collaboration focuses on developing new industry standards under the name Farmaganix, utilizing advanced cultivation practices. The alliance will support the construction of a state-of-the-art facility in Scottsdale, Arizona, and plans for expansion into multiple states in 2022 and 2023. Both companies aim to improve product quality and patient care while advancing clinical research on cannabis therapies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
55.26%
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none
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Rhea-AI Summary

American Cannabis Company (OTCQB: AMMJ) has entered into a partnership with the Bubba Kush cannabis brand to enhance its consulting and cultivation services. This collaboration aims to produce Clean Green Certified® cannabis and distribute the Bubba Kush brand throughout Colorado. The CEO of American Cannabis Company expressed optimism about expanding their market presence alongside Bubba Kush, aligning with the growing demand for high-quality cannabis products. The initiative also includes the offering of premium products at their Naturaleaf retail dispensaries.

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partnership
Rhea-AI Summary

American Cannabis Company (AMMJ) has outlined its strategic focus for 2022, highlighting major initiatives aimed at enhancing its clean green cannabis operations. The company aims to expand its consulting services and cultivate its SoHum Living Soils® product, recently certified by OMRI and Clean Green. The launch of 'cage-free cannabis' products and strategic partnerships, including with Bubba Kush, underline its mission to provide high-quality, organically based cannabis. The company is also managing large-scale operations in Michigan and Arizona to reinforce its market position.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
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Rhea-AI Summary

American Cannabis Company (OTCQB: AMMJ) announced that its proprietary potting mix, SoHum Living Soils®, has received certification from the Organic Materials Review Institute (OMRI). This certification confirms that the product meets organic standards for cannabis cultivation.

CEO Terry Buffalo highlighted this achievement as a key milestone, enhancing the product's credibility among organic farmers. SoHum Living Soils® is recognized for its effectiveness in optimizing plant growth, having won the High Times S.T.A.S.H Award for “Best Potting Mix.” The product is available through official distributors and major online platforms.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.46%
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none
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Rhea-AI Summary

American Cannabis Company (OTCQB: AMMJ) reported significant business updates as of September 1, 2021. Key highlights include the successful acquisition of Naturaleaf, a vertically integrated cannabis operation in Colorado Springs, and ongoing collaborations in Michigan and other states to expand retail and cultivation operations. Despite challenges posed by COVID-19, the company remains optimistic about upcoming cannabis programs and enhances marketing efforts. Innovations such as the Bottoms uP™ technology and partnerships with Her Highness NYC are set to strengthen its market presence.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.09%
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none
Rhea-AI Summary

American Cannabis Company (OTCQB: AMMJ) has secured an exclusive manufacturing and distribution agreement with Her Highness NYC in Colorado, targeting the expanding female cannabis market. This collaboration aims to address the gap in products tailored for women, featuring a range of designer cannabis items. The partnership is poised to enhance American Cannabis Company's offerings and market presence, tapping into a significant consumer segment previously underserved.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
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Rhea-AI Summary

American Cannabis Company (OTCQB: AMMJ) announced the acquisition of Medihemp, LLC, and its subsidiaries, including Naturaleaf™, following regulatory approvals from Colorado’s Marijuana Enforcement Division. This strategic move grants ACC three medical retail stores and a 10,000 sq. ft. cultivation and extraction facility in Colorado Springs, expected to generate over $2 million in gross revenue. CEO Terry Buffalo emphasized the importance of brand integration and production capacity expansion, while Naturaleaf's owner expressed excitement for the community impact of this acquisition.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.09%
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Rhea-AI Summary

American Cannabis Company (OTCQB: AMMJ) has launched a new Advisory Board consisting of seven professionals from both cannabis and non-cannabis sectors. This initiative aims to guide the company's strategic plans and identify growth opportunities within the cannabis industry. CEO Terry Buffalo emphasized the board's unique strengths and the company's commitment to brand asset growth. Alongside its advisory efforts, the company continues to provide end-to-end solutions in the cannabis sector, enhancing its operational management services and exploring global acquisition opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.15%
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management
Rhea-AI Summary

American Cannabis Company (AMMJ) announced the acquisition of Medihemp, LLC and its subsidiaries operating as Naturaleaf™. Located in Colorado Springs, Naturaleaf™ operates three licensed medical marijuana centers and a 10,000 sq. ft. cultivation facility. The deal, finalized on March 11, 2021, is expected to generate over $2.2 million in gross revenue. American Cannabis plans to enhance business performance and expand its asset portfolio post-acquisition. Regulatory approvals are pending for the transaction, anticipated to complete in the second quarter of 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.47%
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FAQ

What is the current stock price of AMERICAN CANNABIS CO (AMMJ)?

The current stock price of AMERICAN CANNABIS CO (AMMJ) is $0.0095 as of April 16, 2024.

What is the market cap of AMERICAN CANNABIS CO (AMMJ)?

The market cap of AMERICAN CANNABIS CO (AMMJ) is approximately 1.6M.

AMERICAN CANNABIS CO

OTC:AMMJ

AMMJ Rankings

AMMJ Stock Data

1.63M
109.54M
26.48%
0%
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