American Cannabis (AMMJ) Helps Canadian Client Secure License


Ryan Allway

August 8th, 2016

News, Top News


[stockchart symbol=AMMJ]

American Cannabis Company Inc. [stockquote symbol=AMMJ], a full-service business-to-business consulting solutions provider, recently announced that it developed standard operating procedures for a Canadian client that were reviewed and approved by Health Canada. The company expects to leverage the success to secure additional revenue through long-term consulting agreements and ancillary products/services.

“The Canadian market is extremely exciting to operate in as it provides ACC the opportunity to interface with Health Canada,” said American Cannabis Company President and CEO Corey Hollister. “Achieving success for our client in Canada paves the road for continued advancement in how the U.S. state level market operates. This is the second client that we have assisted in the development of compliant standard operating procedures for Health Canada.”

The news follows a series of other favorable developments at American Cannabis Company, including a recent order by Kush Bottles Inc. for approximately 100,000 units of its patented Satchel™ exit bags and the addition of a new consulting client in California.

Since the beginning of the year, the company has grown its revenue from $444,000 to $540,000, while narrowing its operating loss from $218,000 to just $5,000. The company also has positive shareholders’ equity of about $132,000 with $277,000 in cash on its books.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


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