By Richard Sandle Posted on August 22, 2017
When we last reviewed American Cannabis Company Inc (OTCMKTS:AMMJ), we reported on the steps that the Company was taking to acquire new clients. The strategy employed by American Cannabis Company is proving to be successful. The Company continues to build its portfolio of successful clients, and the Company’s stock price is reflecting its success.
Before we get into the details, a little background for those readers that have not been acquainted with the Company. Based in Denver, Colorado American Cannabis Company, Inc offers end-to-end solutions to existing and aspiring participants in the cannabis industry. The Company utilize its 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 Cube™ and The High Density Cultivation System™. The Company also designs and provides other industry specific custom product solutions. The building and development of its brands and product suite is based on the Geoponics Philosophy, “the art and science of agriculture in soil.”
American Cannabis Company, Inc continues to expands its client base nationwide. On Aug 15, 2017, the Company announced it secured a client in the state of California. This client seeks to acquire a license that will permit them to dispense medical cannabis to patients. The Company has been contracted to complete operational planning activities, to provide conceptual design work for a retail dispensary location, to assist with 2017 city permitting, and to help with 2018 state application completion.
When the client is awarded a city permit, the Company will be further retained in the dispensary deployment process