ACAN - AmeriCann, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.5900
+0.0600 (+11.32%)
At close: 3:58PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close0.5300
Open0.5900
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.5300 - 0.6000
52 Week Range0.3500 - 1.3500
Volume25,943
Avg. Volume17,779
Market Cap13.868M
Beta (5Y Monthly)-0.62
PE Ratio (TTM)N/A
EPS (TTM)-0.1370
Earnings DateFeb 24, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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  • ACCESSWIRE

    AmeriCann Provides an Operations Update for its Massachusetts Cannabis Center

    DENVER, CO / ACCESSWIRE / May 6, 2020 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation, processing and product manufacturing facilities, provided an operations update for its new state-of-the-art cannabis cultivation and processing facility in Massachusetts. AmeriCann's Massachusetts Cannabis Center ("MCC") is located on a 52-acre parcel located in Southeastern Massachusetts. The MCC project is permitted for 987,000 square feet of cannabis cultivation and processing infrastructure, which will be developed in phases, and plans to support both the existing medical cannabis and the adult-use cannabis markets.

  • ACCESSWIRE

    AmeriCann's Massachusetts Venture Completes First Cannabis Harvest

    DENVER, CO / ACCESSWIRE / March 31, 2020 / AmeriCann, Inc. (ACAN) a cannabis company that is developing state-of-the-art cultivation, processing and product manufacturing facilities, announced the first harvest at its new state-of-the-art cannabis cultivation and processing facility. The initial phase of the development, Building 1, is a 30,000 square foot cultivation greenhouse and processing facility, 100 percent of which is occupied by Bask, Inc., an existing Massachusetts licensed vertically integrated cannabis operator.

  • ACCESSWIRE

    AmeriCann Comments on Constructive Protective Measures for Massachusetts Medical Patients

    DENVER, CO / ACCESSWIRE / March 24, 2020 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that is developing state-of-the-art cultivation, processing and product manufacturing facilities, commented on the medical cannabis protections enacted for Massachusetts. In an announcement on Monday, Massachusetts Governor Baker deemed medical cannabis businesses as an essential service during the newly implemented "Stay At Home Advisory" in response to the COVID- 19 pandemic. This means the supply chain for medical cannabis will not be interrupted and medical patients will continue to have access to medicine.

  • ACCESSWIRE

    AmeriCann Announces Record Quarterly Net Income in Excess of $1,000,000 for its First Quarter Fiscal Year 2020 Results

    DENVER, CO / ACCESSWIRE / Februay 24, 2020 / AmeriCann, Inc. (OTCQB:ACAN) a cannabis company that is developing state-of-the-art cultivation, processing and product manufacturing facilities, announced record financial results for its first quarter ended December 31, 2019. Completion of Building 1 at the Massachusetts Cannabis Center, the Company's flagship cannabis development which will include up to one million square feet of sustainable greenhouse cultivation, processing and product manufacturing infrastructure. AmeriCann (OTCQB:ACAN) is a cannabis company that is developing cultivation, processing and product manufacturing facilities.

  • ACCESSWIRE

    AmeriCann Receives Cash Payment in Excess of $2,000,000 The Payment is the Result of an Arbitration Award in Favor of AmeriCann

    DENVER, CO / ACCESSWIRE / February 11, 2020 / AmeriCann, Inc. (OTCQB: ACAN ) a cannabis company that is developing state-of-the-art cultivation, processing and product manufacturing facilities, announced ...

  • ACCESSWIRE

    AmeriCann Comments on Massachusetts' First Year of Adult-Use Cannabis Sales

    DENVER, CO / ACCESSWIRE / November 22, 2019 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that is developing state-of-the-art cultivation, processing and product manufacturing facilities, commented on the recent milestone of the one-year anniversary of recreational cannabis sales in the Massachusetts. Since the first adult-use stores opened in Massachusetts one year ago, the state has licensed a total of 33 cannabis stores, which have generated over $394,000,000 in sales. "AmeriCann recognized years ago that Massachusetts was positioned to become one of the strongest cannabis markets in the country," stated AmeriCann CEO Tim Keogh.

  • ACCESSWIRE

    AmeriCann CEO to Speak at Cannabis Advancement Series Hosted at the University of Massachusetts

    DENVER, CO / ACCESSWIRE / October 24, 2019 / AmeriCann, Inc. (OTCQB: ACAN ), a cannabis company that has developed state-of-the-art cultivation, processing and product manufacturing facilities, announced ...

  • ACCESSWIRE

    AmeriCann Comments on Historic Passage of the Federal SAFE Banking Act

    DENVER, CO / ACCESSWIRE / September 26, 2019 / AmeriCann, Inc. (ACAN), a cannabis company that is developing state-of-the-art cultivation, processing and product manufacturing facilities, commented on the House of Representatives' passage of the SAFE Banking Act and the positive outlook for federal cannabis legislation. In a groundbreaking political development a body of Congress has passed pro-cannabis legislation, the House of Representatives approved the SAFE Banking Act (H.R. 1595). Yesterday's approval is an important step in eliminating barriers for cannabis businesses and may be a tipping point in the long-sought quest for marijuana legalization nationally.

  • ACCESSWIRE

    AmeriCann Completes Construction of Building 1 at Massachusetts Cannabis Center and Expects to Commence Revenue on September 1

    DENVER, CO / ACCESSWIRE / August 14, 2019 / AmeriCann, Inc. (ACAN), a cannabis company that is developing state-of-the-art cultivation, processing and product manufacturing facilities, recently received a Certificate of Occupancy for Building 1 of AmeriCann’s Massachusetts Cannabis Center (MCC) in Freetown, Mass. The construction milestone commences the 15-year JV Partnership with Bask, Inc., an existing Massachusetts licensed vertically-integrated cannabis operator, which will occupy 100% of MCC’s Building 1 as of September 1, 2019. Previously, AmeriCann and Bask had signed a 15-year Joint Venture Partnership for Bask to operate the 30,000-square-foot greenhouse facility.

  • ACCESSWIRE

    AmeriCann Secures $4 Million in Financing and Updates Design and Licensing Plans for 345,000 Square Foot Building at its Massachusetts Cannabis Center

    DENVER, CO / ACCESSWIRE / August 8, 2019 / AmeriCann, Inc. (ACAN), a cannabis company that is developing state-of-the-art cultivation, processing and product manufacturing facilities, recently secured a $4,000,000 investment to accelerate the second phase of construction at its Massachusetts Cannabis Center (MCC) in Freetown, Mass. The company also announced plans to expand its operations at MCC by applying for a cultivation license in addition to a marijuana product manufacturing license. On August 2, AmeriCann closed on a $4,000,000 loan with proceeds to be used for the final design and site preparation for Building 2 at the MCC. The new configuration of Building 2 includes over 345,000 in total, with 100,000 square feet of dedicated cannabis extraction, processing and product manufacturing space and 245,000 sq. ft. of cultivation infrastructure.

  • ACCESSWIRE

    AmeriCann Provides Outlook on Tuesday's Senate Hearing to Improve Financial Access for Cannabis Companies

    DENVER, CO / ACCESSWIRE / July 22, 2019 / AmeriCann, Inc. (OTCQB: ACAN), a cannabis company that is developing state-of-the-art cultivation, processing and manufacturing facilities, commented on the upcoming hearing on the SAFE Banking Act and the positive outlook for federal cannabis legislation. Sponsored by a bi-partisan group of 31 Senators, the SAFE Banking Act would give cannabis businesses, operating in states where cannabis is legal, access to banking and financial services. The hearing is scheduled for July 23 with Democratic Senator Jeff Merkley (D-OR), Senator Cory Gardner (R-CO) and representatives from the financial and cannabis industries scheduled to testify.