Americann Inc (ACAN)

[Irishtrader1]

All the talk about whether ACAN will be able to get the financing to build their Massachusetts mega cannabis plant is missing the point.

First, they are not in the least concerned about getting the construction financing to build the first greenhouses and anyone that understands this company and this Massachusetts market knows that.

There is now lots of capital available for "real" cannabis deals- and a 30,000 SF pre leased cultivation and processing facility in Mass that can produce 4,000 pounds of medical cannabis a year is as real as it gets.

ACAN has the biggest and most exciting project in the cannabis industry in the hottest state for new cannabis development, period.

They spent $1.5 million and two years getting this giant project approved plus closed on the land for $4.6 million before Massachusetts voted to legalize.

They were 100% right in making a major bet on the Massachusetts MJ market and its about to pay off big time. They'll be developing this 1 million SF non stop for the next two years and every new SF of greenhouse on the site will increase their cash flow-which will be substantial.