Americann Inc (ACAN)

[Irishtrader1]

ACAN is finally getting some attention with solid buying all day today and steady price increases...closed up 15% putting it on the biggest gainer list.

This will continue as they move closer to the opening of their first 30,000 SF building in August and that’s only 3%
of the 1,000,000 SF they have approved.

These guys have been under the radar but have created a company making asset with this Massachusetts Cannabis Center (MMC) and they’re communicating more so the story is really getting out.

They have been able to build the first building with ZERO debt, and have only 23 million shares outstanding, the smallest share count of any cannabis stock around that I’ve seen.

Massachusetts cannabis is red hot
and there’s no other project like this around, IMO.

If the stock goes above $2 it will likely go above the all time high of $5.65 and then will be listed on the hot money breakout boards, IMO.

Even a price of $10 is only a $230 million market cap and that’s common for a cannabis company with the prospects this one has.

ACAN has to be a very attractive acquisition candidate for one of the larger Canadian companies that want a large footprint in the United States.

Looks like a very interesting summer and fall for ACAN, IMO. $ACAN