Americann Inc (ACAN)

[diduknow]

DILUTION MACHINE_ We need additional capital to implement our business plan. We need additional capital to construct cultivation and processing infrastructure throughout the country. The first phase of our Flagship project, the MCC, is currently under construction. The cost of the next phase of construction at MCC is approximately $10 million for a 40,000 square foot extraction and product manufacturing facility and $15 million for a 90,000 square foot cultivation facility. However, we will not receive any proceeds from the sale of our common stock by the selling shareholder. We do not know what the terms of any future capital raising may be but any future sale of our equity securities will dilute the ownership of existing stockholders and could be at prices substantially below the market price of our common stock. Our failure to obtain the capital which we require may result in the slower implementation of our business plan.