2021 has been a transformational year for the United States (US) cannabis market and we have been closely following how the industry continues to advance.
Currently, medical cannabis is legal in 36 states and recreational cannabis is legal in 18 states. Over the next year, we expect additional states to legalize medical or recreational cannabis and are bullish on the trend for the sector.
The COVID pandemic has further strained state and federal balance sheets. The US economy needs to find new taxable revenue streams and we believe the cannabis sector is one of the answers to this problem.
During the last year, we have been working to identify companies that are levered to the US cannabis market and are flying under the radar. One of the opportunities that we identified is American Cannabis Company, Inc. (OTCQB: AMMJ) which is a full-service business-to-business cannabis and hemp consultant and licensed owner operator.
American Cannabis Company Thesis
We believe that American Cannabis Company is flying under the radar and are favorable on how the story has evolved and improved so far this year. Going forward, we believe the business is well positioned to record strong growth and are excited about the opportunity for the following reasons:
- American Cannabis Company has been executing on a multi-pronged expansion strategy and has been reporting major developments as it relates to this plan
- The company has an attractive operating structure and has several major potential catalysts for growth
- Through a series of organic and inorganic growth initiatives, American Cannabis Company is well positioned to capture market share in burgeoning markets
- The management team is highly focused on creating value for shareholders by identifying and capitalizing on new verticals
- Based on several valuation metrics, we believe the business is trading at a discount when compared to other US operators
About American Cannabis Company
In 2015, we started to follow American Cannabis Company and are favorable on how the story has evolved. The business started as a consulting business and has transitioned to become more levered to high-value aspects of the cannabis value chain. The management team is currently laser focused on executing on a strategy to better position itself as a reputable and established brand within regulated cannabis markets.
As a result of the business transition, we believe American Cannabis Company has more significant growth prosects and believe the market is missing out on something with the operation. Going forward, we believe the company has clear catalysts for growth and will monitor how the management team continues to execute.
Pursuant to an agreement between StoneBridge Partners LLC and American Cannabis Corporation we have been hired for a period of 90 days beginning October 1, 2021 to publicly disseminate information about (AMMJ) including on the Website and other media including Facebook and Twitter. We are being paid $5,000 per month (AMMJ) for or were paid “ZERO” shares of unrestricted or restricted common shares. We plan to sell the “ZERO” shares of (AMMJ) that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of (AMMJ) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.
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