Business
American Cannabis Company, Inc. Announces It Has Secured A Contract And Equity Stake With A New Client In The State Of Pennsylvania
American Cannabis Company, Inc. Announces It Has Secured A Contract And Equity Stake With A New Client In The State Of Pennsylvania.
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 Pennsylvania\n \n \nAmerican Cannabis Company, Inc. Announces It Has Secured A Contract And Equity Stake With A New Client In The State Of Pennsylvania\n \n DENVER, CO--(Marketwired - Feb 7, 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 sixth client in the state of Pennsylvania. The Company will work with this client to strategically plan, deploy and remotely oversee the client's retail dispensing, cultivation and infused product manufacturing operations within the city of Philadelphia. In addition to the Company's consulting engagement, the Company will also be taking an equity interest in the client's project and operations. \n The Company will provide end-to-end solutions for this new client, which include operational planning activities, conceptual design work, application completion, 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 future sales of ancillary products.\n Terry Buffalo, CEO of American Cannabis Company, commented: \"We are excited to be working with this particular client, as well as collaborating with them by taking an equity position in their business. The Company is actively exploring the development of hybrid relationships like this, 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 industry expertise to provide business planning and market assessment services, assist state licensing procurement, create business infrastructure and operational best practices. American Cannabis Company also developed and owns a portfolio of branded products including: The Satchel™, Sohum Living Soils™, The Cultivation Cu...