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American Cannabis Company Inc (OTCMKTS:AMMJ) Continues To Grow Its Client List

American Cannabis Company Inc (OTCMKTS:AMMJ) Continues To Grow Its Client List
Written by
Richard Sandle
Published on
March 21, 2017
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The wave of Cannabis Legalization that is sweeping across the country has prompted many people to start cannabis related businesses in an attempt to capitalize on the new, rapidly growing cannabis industry. Whether it’s for the direct cultivation, marketing, and sale of cannabis, or the manufacturing of products used for the consumption or production of cannabis, the path to success is heavily burdened with regulation, market instability, and political risk involved with changing government policy. Navigating through the potential traps and pitfalls of cannabis related businesses requires extensive knowledge and expertise of the sort that in many cases, business owners/operators do not possess. This phenomenon has created a demand for consulting firms that specialize in cannabis related business consulting.Based in Denver, Colorado American Cannabis Company Inc (OTCMKTS:AMMJ) was founded to meet the needs of the rapidly developing regulated cannabis industry. The company provides end-to-end consulting and product solutions for the medical, recreational use, and low-THC regulated cannabis markets both nationally and internationally. Their cannabis industry specific advisory and consulting services are built to meet the needs of companies entering or currently operating in the regulated cannabis markets.American Cannabis Company has vast experience in the regulated markets. The company utilizes its expertise to provide business planning and market assessment services, assist in state licensing procurement, create business infrastructure, processing and dispensing, and operational best practices. American Cannabis Company has also developed and owns a portfolio of branded cannabis cultivation products including: The Satchel, SoHum Living Soils, The Cultivation Cube and The High Density Cultivation System.Since December of 2016, American Cannabis Company has announced that it has secured contracts with five new clients. On Feb 21, 2017 they announced a sixth, a second client in the state of Florida. This new client expects to open a cultivation operation and multiple dispensary locations in effort to create a cannabis business chain. Furthermore, the Company will be working with this new client to deploy and remotely oversee retail dispensing, cultivation and infused product manufacturing operations. Additionally, the Company will provide end-to-end solutions for this new client, including operational planning activities, conceptual design work, deployment of operations, and ongoing remote management.

Terry Buffalo, CEO of American Cannabis Company, commented: "We are excited to be working with this particular Florida client, as well as having negotiated to acquire an equity position in their business. We are happy to now have completed two client agreements containing an equity component in favor of the Company. We are continuing to see the tide change in the direction of this type of equity stake model, and we are actively exploring the development of hybrid relationships like these, that generate both consulting revenues and the opportunity for recurring profits from our equity interest. We feel that this new strategy will provide a beneficial long-term value to both our clients and our shareholders."

Since the beginning of 2017 AMMJ stock has been trading in a range between $.67 and $1.05. It’s currently trading at the lower part of that range. Fourth quarter financials for 2016 are yet to be reported. Revenues over the last year are consistent. This positive revenue trend should continue with the recently acquired new clients. Current market capitalization stands at $33.9 million, on 50.6 million shares outstanding as of January 18, 2017.For any type of consulting firm, the most important asset is a list of clients for which confirmed success can be exhibited and demonstrated. Credibility of the highest level must be established in order for a consultancy to effectively market itself. American Cannabis Company Inc. is well on its way to establishing a name for itself. We will be updating our subscribers as soon as we know more. For the latest updates on AMMJ, sign up below!Disclosure: We have no position in AMMJ and have not been compensated for this article.

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