Thursday, October 05, 2017 5:41:47 AM
one of most solid balance sheet for a weed stock around, largest facility ( 1m sq.f approved), including $10m fund.
"we believe would impact the stock favorably". https://insiderfinancial.com/americann-inc-otcmktsacan-is-getting-its-financing-in-order/172108/ ;
$10m financing news is what investors been waiting for a year+. main reason for the drop from almost $6 to under $2 not longer in effect. Very recommended at current price. AmeriCann's flagship project, the Massachusetts Medical Cannabis Center ("MMCC"), is 47 miles from Boston in the midst of the rapidly growing Massachusetts medical cannabis market. The MMCC project is approved for 1 million square feet, which will be developed in phases and is expected to be one of the most technologically advanced cultivation facilities in the nation.
"Bill Downing, member liaison for the Massachusetts , "Jim Borghesani, former spokesperson for the Yes on 4 campaign, Michael Williams and many others been impressed :
http://dailyfreepress.com/2017/09/14/expansive-medical-marijuana-center-eyes-massachusetts-market/ ;
the balance sheet super solid a/ o today. T.Assets/ T.liabilities Ratio >2 ( or more than 5 including $10m fund). w/ no toxic debt. one of most solid balance sheet for a weed stock around.most trading $100m and north up to 50 times its Equity vs only 2 times (ACAN). This is a BILLION DOLLAR company in 2 years if you ask me.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
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