American Cannabis Company Inc (AMMJ)

[WoosterOh]

You are crazy if you think by holding onto this you will make a lot of money.

Your shares are going to be diluted.

You do not get a big company for free. They dilute, then give shares to the new company so they own 80% or more.

All these type of things are flips. Buy early, once there are buyers, dump. Do not hold onto any merging company, especially and OTC company.

Already falling.

[WoosterOh]

It looks like a 1:300 ratio (RS).

They will be filing a S-4, so the deal will take a while.

They want to uplist to NASDAQ.

[Fallingknife75]

The scary boogie man scam posts started quickly, not unexpected though, yawn.

Knife

[hondaboost]

Be careful! That company is ALSO a Scam, a Ghost . Scam + Scam = Double Scams!

[hondaboost]

Wow! AMMJ Scam diluting 40 Million new shares to the idiots.

[Rogue3]

Welcome new investors. Here is a link to the merger agreement so you can understand the parties. I'm trying to wrap my head around the stock conversion and what it means.

https://www.sec.gov/Archives/edgar/data/945617/000190359623000695/ex10_1.htm

[hondaboost]

Warning! Here is "HyperScale Nexus Holding Corporation," Gholst!

https://hyperscalenexus.com/team_cat/our-team/

https://hyperscalenexus.com/

[coyoteAZ]

So what is extactly AMMJ will get in terms of the share price?

Merger Agreement are anticipated to result in a share exchange whereby (i) each three hundred shares of Company common stock will be exchanged
for one share of HyperScale Nexus common stock based on an exchange ratio of 300 to 1, and (ii) upon the Effective Time and the consummation
of the Merger, each shareholder of Company Common Stock shall beneficially own not less than the greater of either: (i) one hundred (100)
shares of HyperScale Nexus Common Stock post-Merger, or (ii) the number of shares of HyperScale Nexus Common Stock that represents a value
of at least $2,500, (iii) each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall
be converted into and become one fully paid and nonassessable share of the Company's common stock. No fractional shares shall be issued.

[Fallingknife75]

Just started reading the 8k on the Merger agreement, trying to locate an implied valuation (if any) of AMMJ in the deal.

All the best,

Knife

[Fallingknife75]

No kidding, been waiting on this for a long time.

All the best,

Knife

[Rogue3]

Wow. And, we're off folks.

[Rogue3]

This is big news. I was thinking in the back of mind that something could be brewing but with the macro cannabis news last week, i was like nah, the stock price today is just forward momentum. Some other tickers around the sector did well today, too.

I'd like to hear from the Company as to their thoughts on the strategic advantage this merger will provide. Could be very interesting.

https://www.conferencecalltranscripts.org/summary/?id=12515116

[THE GREEN EAGLE]

On September 5, 2023, American Cannabis Company, Inc. (the “Company”) entered into an Agreement and Plan of Merger by and among the Company, HyperScale Nexus Holding Corporation,

[THE GREEN EAGLE]

nice day today!
patience pays.

[Rogue3]

With the flurry of activity this week, there has been a significant change in the OS, updated to 171 million. 👇️

https://www.otcmarkets.com/stock/AMMJ/security

The stock option plan accounted for some of this. Maybe a future company update would shed some light on the rest of the issued shares.

Nevertheless, the market seems to have shook all this off and liked the insiders buying shares and the recommendation to change the classification of cannabis.

Welcome new investors and if you accumulated, good for you.

[Rogue3]

Some nice volume this week, partly due to the recommendation to reclassify cannabis. It's a start in the right direction.

https://www.cnn.com/2023/08/30/health/marijuana-schedule-hhs-dea/index.html

[Rogue3]

A few more filings within the last week. Some insiders have been buying shares, CEO among them.

https://www.conferencecalltranscripts.org/summary/?id=12496478

[Rogue3]

AMMJ files Form S-8. Stock option plan has been implemented. Company has issued 41 million shares.

https://fintel.io/doc/sec-american-cannabis-company-inc-945617-s8-2023-august-24-19593-6358

[Rogue3]

Q2 report interestingly appears to have come in with a $11,000 net gain which if that's right, I don't think I've seen this for a 10Q. Not necesarily a win because Product & Equipment really fell off as compared to a year prior. Other Income - whatever that source of funds was, pulled the Q it seems.

[Aforextrader]

Recess.... That sounds like something we used to get for about 30 minutes in school, as kids.... Well, it looks like congress is still just a bunch of kids- So unfortunate that they cant even punch their way out of a wet paper bag. If I did my job, as Slack as they do theirs, I wouldn't have one.....Period. We should All call our senators/representatives and tell them to get their A s s to work on voting on this Issue. It's only gaining steam- it aint gonna back off now- AND they are desperate to get tax money---- Just get 'er Done---KIDS...!!

[Rogue3]

Appears no vote in July for Safe Banking. Frustrating but I suppose why should I be surprised...

https://www.marijuanamoment.net/senate-committee-chairman-says-marijuana-banking-bill-actually-wont-get-a-vote-this-summer-despite-his-goal-lobbyist-reports/

[Rogue3]

The OS was increasing for awhile on slow and small increments up to Jan 12 of this year. Interestingly, there's been no increase since then, making that 6 months in a row. Refreshing until we see the next catalyst - whether it's legislation, a company update, or next month's 10Q.

[Fallingknife75]

It's good to have a reason to post here again. The sector has been beaten due to the lack of legislative progress, that may change in the near future, hopefully. I still hold all my shares of AMMJ, unfortunately at a considerable loss on paper. But with their share structure still being so tiny it will move quickly when the sector comes alive so I have just held on. As I free up assets elsewhere I may start picking up additional shares to cost average down but for now I am just watching.

Hope you have been doing well, all the best,

Knife

[Rogue3]

I was beginning to think you and others sold. Ha, ha...good to see your post.

[Fallingknife75]

Nice to see the recent accumulation. It seems someone is preparing for the legislature to finally do something. I am looking forward to it as well but after the previous years of nothing I am not holding my breath, time will tell.

All the best,

Knife

[Rogue3]

Safe Act vote should be within a few weeks. This is the only short term catalyst I see unless something comes out of the blue.

https://www.marijuanamoment.net/key-senate-committee-will-vote-on-marijuana-banking-bill-in-next-two-or-three-weeks-chairman-says/

[Rogue3]

First Q 10Q out. Mostly positives.

Consulting, Products & Equipment up year over year. Cannabis Products showed a decrease based on demand downturn. Total Revs were overall up.

Decrease in net loss year over year which should start a nice trend after the Naturaleaf acquisition.

Onward.

[Rogue3]

Looks like after yesterday's hearing, Senate vote on Safe Act to be in a few weeks.

https://www.reuters.com/world/us/marijuana-banking-bill-heads-senate-banking-committee-2023-05-11/

[Rogue3]

Hearing today. Trying to get a time table on when the vote will go to the Senate.

https://www.cnbc.com/2023/05/11/safe-banking-act-senate-holds-first-hearing-on-bill.html

[Rogue3]

Picked up a few more this week. I'm locked and loaded. Ready for the Safe Act to get passed, hoping that will be the first domino. I think we'll be in a good position moving forward. I'm reading Colorado is a bit slow in demand which is a surprise, but several states are looking at legalization, too. It's a matter of time folks.

[Rogue3]

Pass this act once and for all. Let's go.

https://www.marijuanamoment.net/key-senate-committee-chairman-says-marijuana-banking-bill-hearing-could-be-held-next-week/

[THE GREEN EAGLE]

there is a few whales watching,one picked up 500k shares today.could get interesting!

[TURCH]

Some buying today!


Regards

[THE GREEN EAGLE]

chart:https://ih.advfn.com/stock-market/USOTC/american-cannabis-qb-AMMJ/chart/real-time

[THE GREEN EAGLE]

hopefully up...bollie bands are getting tighter,any day now.

[fichni]

Where do we go from there ?

[THE GREEN EAGLE]

17 day down trend...MACD-turning up...need .045 for a SAR flip.

[MKS420]

Yes for sure ! Accumulate.

[Elcappy1]

Time to add more ;) $AMMJ

https://www.axios.com/2022/12/03/senate-marijuana-legislation-chuck-schumer?stream=politics&utm_source=alert&utm_medium=email&utm_campaign=alerts_politics

[Elcappy1]

Yup, they're starting to build nicely. $AMMJ

[StockDetective]

Look at the marijuana stocks listed on higher exchange… Seems like some of those took off after hours today. Calm before the storm now… Hold on to those cheeks my friend :)

[StockDetective]

https://www.marijuanamoment.net/senator-files-bill-to-get-country-ready-for-federal-marijuana-legalization-amid-heightened-reform-talks/

[Rogue3]

Someone or some group has been flippn' this regularly between 042 and 050 with an ask at 048. It must be a good chunk of shares at a clip in order to do this. Nice work you flipping jackoff.

[StockDetective]

Joining @KennedyNation tonight at 7:30 EST on Fox Business

Tune in for a debrief on today's historic #cannabis hearing!

— Rep. Nancy Mace (@RepNancyMace) November 15, 2022

[Rogue3]

Hit .059 for about two minutes and got excited. But at least it's a higher high.

[Rogue3]

Hello AMMJ.

[Fallingknife75]

Thanks for the link, appreciate it.

I have no predictions for the pending earnings report but am encouraged about the direction of the sector, AMMJ will fly when the sector gets its mojo back.

All the best,

Knife

[Elcappy1]

Yup, patience will pay big time!

[Rogue3]

Can't wait until this busts out and will wait as long as it takes.

[Elcappy1]

Looking good!!! AMMJ

Marking the 10th anniversary since Colorado voters approved marijuana legalization at the ballot, Sen. John Hickenlooper (D-CO) announced on Thursday that he will soon be filing a congressional bill to set the country up for federal cannabis reform.

Specifically, the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment Act (PREPARE) Act would direct the attorney general to create a commission charged with making recommendations on a regulatory system for marijuana that models what’s currently in place for alcohol.

The measure is identical to a House companion bill that Reps. Dave Joyce (R-OH), Hakeem Jeffries (D-NY) and Brian Mast (R-FL) filed in April. Hickenlooper’s staff told Marijuana Moment that the Senate version will be formally introduced when the chamber returns from recess in mid-November.

The senator sees the commission that would be created by the legislation as similar to a task force he empaneled when he was Colorado’s governor to steer implementation of legalization at the state level.

https://www.marijuanamoment.net/new-senate-bill-would-create-federal-marijuana-commission-to-prepare-for-legalization/