Business
OTC Markets Group Welcomes AmeriCann to OTCQX®
OTC Markets Group Welcomes AmeriCann to OTCQX®.
About this update from Americann Inc.
[{"type":"text","content":"\n\n\n\nOTC Markets Group Welcomes AmeriCann to OTCQX®\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nOTC Markets Group Welcomes AmeriCann to OTCQX®\nPR Newswire\nNEW YORK, Oct. 8, 2014\n\n\n\nNEW YORK, Oct. 8, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced AmeriCann Inc. (OTCQX: ACAN), a provider of essential services to the regulated cannabis industry, has qualified to trade on OTCQX®, the best marketplace.\n\nLogo - http://photos.prnewswire.com/prnh/20110118/MM31963LOGO \n\nAmeriCann begins trading today on OTCQX under the symbol \"ACAN.\"  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.\n\n\"We are pleased to welcome AmeriCann to the OTCQX marketplace,\" said R. Cromwell Coulson, President and CEO of OTC Markets Group.  \"AmeriCann joins the growing number of established U.S. companies that have chosen OTCQX to provide their shareholders transparent trading and convenient access to their news and financial disclosure.\"\n\nHart & Hart, LLP serves as AmeriCann's Designated Advisor for Disclosure (\"DAD\") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.\n\nAmeriCann provides a wide range of essential services to the compassionate medical marijuana industry.  As more states approve and regulate cannabis, the company plans to support the industry's expansion by providing its expertise and capital, with a focus on cultivation and processing facilities.   \n\nThe company recently purchased a 5 acre parcel of land for $2,250,000 million to develop the Denver Cannabis Center.  Plans for this facility include the construction of a 126,000 square foot facility that would include greenhouse and indoor cultivation areas that will be sold to licensed cannabis operators.  Additionally, the company has provided $1,000,000 in capital to existing medical cannabis entrepreneurs in Colorado for the expan...