Business
American Cannabis Company, Inc. Announces It Has Secured A Contract And Equity Stake With A New Client In The State Of Florida
American Cannabis Company, Inc. Announces It Has Secured A Contract And Equity Stake With A New Client In The State Of Florida.
About this update from American Cannabis Company, Inc.
[{"type":"text","content":"\n \n \n American Cannabis Company, Inc. Announces It Has Secured A Contract And Equity Stake With A New Client In The State Of Florida\n \n \nAmerican Cannabis Company, Inc. Announces It Has Secured A Contract And Equity Stake With A New Client In The State Of Florida\n \n DENVER, CO--(Marketwired - Feb 21, 2017) - American Cannabis Company, Inc. (OTCQB: AMMJ) (the \"Company\"), a full-service business-to-business consulting solutions provider, and seller of ancillary products to the cannabis industry, today announced it has secured its 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. With the addition of this new client, the Company has now secured its second consulting contract featuring the Company's acquisition of an equity stake in the Client's current and future business operations.\n 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. The Company expects to leverage this contract to secure additional revenues through long-term consulting agreements and potential sales of ancillary products.\n 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.\"\n About American Cannabis Company, Inc.\n American Cannabis Company, Inc. offers end-to-end solutions to existing and aspiring participants in the cannabis industry. We utilize our indu...