News & Videos - AMERICANN INC. ACAN

The Company achieved its best-ever annual revenue and net income for its latest four quarters DENVER, CO / ACCESSWIRE / May 16, 2023 / (via IBN) AmeriCann Inc. (OTCQB:ACAN) (the "Company"), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, has released financial and operational results for its quarter ending March 2023. "AmeriCann's financial discipline and strong business model have produced record profitability and cash flow,"...

DENVER, Feb. 16, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- AmeriCann Inc. (OTCQB: ACAN) (the “Company”), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, has released financial and operational results for its quarter ending December 2022. “AmeriCann’s focus on financial performance has produced excellent results, with four consecutive quarters of positive net income,” said CEO Tim Keogh. “We look forward to building...

BOSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- AmeriCann Inc. (OTCQB: ACAN) (the “Company”), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, released financial and operational results for its fiscal year and quarter ending September 2022. “Our focus on cost efficiency has produced some of the strongest adjusted operating EBITDA margins in the industry,” said CFO Ben Barton. “We look forward to investing...

Boston, MA, Oct. 19, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- AmeriCann Inc. (ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, provided financial and operational updates for its Massachusetts cannabis cultivation, product manufacturing, and distribution campus. The Company achieved a significant increase in year-over-year revenue, increasing over 44% for the year ending September 2022 relative to the year ended September...

BOSTON, Aug. 16, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- AmeriCann Inc. (ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, announces the release of financial and operational results for its fiscal quarter ending June 30, 2022. Financial Overview The Company achieved a significant increase in year-over-year quarterly net income and revenue, with both being records for the Company for the quarter ending June 2022. Revenue...

BOSTON, July 12, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- AmeriCann Inc. (OTCQB:ACAN) (the “Company”), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today provides financial and operational updates for its Massachusetts cannabis cultivation, product manufacturing and distribution campus. The Company achieved a significant increase in year-over-year quarterly revenue, increasing over 36% for the quarter ended June 2022...

BOSTON, Jan. 11, 2022 (GLOBE NEWSWIRE) -- AmeriCann Inc. (OTCQB:ACAN) (the “Company”), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, announced that the Company’s year-over-year revenue growth exceeded 225% from the calendar year of 2020 to 2021. The increase in financial performance is attributable to greater revenue received from products produced and manufactured at Building 1, the Company's initial development at its...

BOSTON, Dec. 22, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- AmeriCann Inc. (OTCQB:ACAN) (the “Company”), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, announced that the Company’s Massachusetts Cannabis Center was featured on the award-winning series by Dr. Sanjay Gupta on CNN exploring cannabis treatments for autism. “For nearly a decade Dr. Sanjay Gupta’s breakthrough series has shattered myths and introduced the...

The Company achieved positive quarterly net income and substantial EBITDA growth BOSTON, Dec. 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- AmeriCann Inc. (OTCQB: ACAN) (the “Company”), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, released financial and operational results for its fiscal year and quarter ending September 2021. Financial Overview The Company achieved four consecutive quarters of increased operating...

BOSTON, Nov. 18, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- AmeriCann Inc. (ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, provides financial and operational updates for its flagship project, the Massachusetts Cannabis Center. AmeriCann’s operating revenue from the Massachusetts Cannabis Center for the year ending September 2021 increased over 300% from the year ending September 2020. AmeriCann’s Massachusetts...

The Company Provided an Operations Update About the Increased Sales Growth at its Flagship Massachusetts Cannabis Center BOSTON, MA / ACCESSWIRE / July 6, 2021 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, provided financial and operational updates for its flagship project, the Massachusetts Cannabis Center. AmeriCann's Operating Revenue from the Massachusetts Cannabis Center for the quarter...

Company Also Achieved All-time Record Monthly Revenue in April, 2021 Increased Sales Growth Obtained from its Flagship Massachusetts Cannabis Center BOSTON, MA / ACCESSWIRE / May 17, 2021 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, provided financial and operational updates for its flagship project, the Massachusetts Cannabis Center. AmeriCann's Operating Revenue from the Massachusetts Cannabis...

The Company Provided an Operations Update About the Increased Sales Growth at its Flagship Massachusetts Cannabis Center BOSTON, MA / ACCESSWIRE / April 7, 2021 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, provided financial and operational updates for its flagship project, the Massachusetts Cannabis Center. AmeriCann's Operating Revenue from the Massachusetts Cannabis Center increased nearly 60%...

Partner Bask, Inc. Commenced Sales at New Adult Use Retail Location BOSTON, MA / ACCESSWIRE / February 25, 2021 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation, processing and product manufacturing facilities, announced that AmeriCann's Joint Venture partner, Bask, Inc. has opened its adult use retail cannabis dispensary on Saturday, February 20, 2021 in Fairhaven, Massachusetts. AmeriCann has a 15-year Joint-Venture partnership with Bask that...

1906 "Drops" product released to excellent reviews and strong sales BOSTON, MA / ACCESSWIRE / February 11, 2021 / AmeriCann, Inc. ( OTCQB:ACAN ), a cannabis company that develops state-of-the-art cultivation, processing and product manufacturing facilities, announced that 1906, a leading national brand, has launched its respected cannabis products out of AmeriCann's flagship development, the Massachusetts Cannabis Center ("MCC"). 1906 was established in Colorado five years ago and has recently...

Expanded Capacity at MCC Allows Bask to Meet Growing Demand from Additional Retail Licenses BOSTON, MA / ACCESSWIRE / January 19, 2021 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation processing and product manufacturing facilities, announced that on January 19, 2021 the Company entered into an agreement to expand the cultivation capacity of its Joint Venture partner, Bask, Inc. ("Bask"). AmeriCann's flagship project, the Massachusetts Cannabis Center...

Company Reported Full Fiscal Year 2020 Financial Results BOSTON, MA / ACCESSWIRE / December 22, 2020 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation, processing and product manufacturing facilities, announced its financial results for the 12 months ended September 30, 2020. 2020 Financial Highlights and Recent Developments The Company achieved record revenue for its fiscal year ending September 2020. AmeriCann's revenue increased by $796,520 from...

Licenses Obtained for Expansion of its Massachusetts Cannabis Center BOSTON, MA / ACCESSWIRE / November 23, 2020 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation processing and product manufacturing facilities, announced that on November 19, 2020 the Company had secured two new licenses from the Massachusetts Cannabis Control Commission. The licenses include one for cannabis cultivation and one for cannabis product manufacturing. The licenses awarded...

BOSTON, MA / ACCESSWIRE / November 11, 2020 / AmeriCann, Inc . (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation processing and product manufacturing facilities, commented on the recent elections and the potential impact for the Company. Measures to legalize cannabis won major victories in five states - Arizona , New Jersey , South Dakota , Montana and Mississippi . With these results, 15 states, two territories and Washington, D.C., have legalized marijuana for...

Company Benefits from Increased Production/Sales at its Flagship Massachusetts Cannabis Center BOSTON, MA / ACCESSWIRE / October 6, 2020 / AmeriCann, Inc. (OTCQB:ACAN) , a cannabis company that develops state-of-the-art cultivation, processing and product manufacturing facilities, is pleased to provide a quarterly operations update for its new state-of-the-art cannabis cultivation and processing facility in Massachusetts. AmeriCann's Operating Revenue from Building 1, the completed first phase...