Americann Inc (ACAN)

[Irishtrader1]

Everyone is asking why AmeriCann (ACAN) stock is suddenly trading higher on dramatically increased volume after being under the radar for years.

I’ve watch this little company for six years and it’s taken some time but it turns out they have done a lot of really smart things.

https://americann.co/

Maybe it’s going higher because investors are looking at US cannabis stocks again and are recognizing this company has the potential to be worth many times more than the current $.80 per share price.

ACAN management had the foresight to take the time and money required to design and prepare to build the Massachusetts Cannabis Center (MCC)- a giant fifty acre high tech greenhouse development 40 miles from Boston in what has become the hottest cannabis market in the nation.

MCC will be a legacy project that
will create a lot of cash flow and value for ACAN shareholders for many years .

The first phase at MCC is already producing large quantities of high quality sun grown cannabis and the development will soon be expanded to meet the insatiable demand in Massachusetts. (Anyone in the Freetown area stop by and see this facility- it’s really impressive.)

And ACAN is becoming an integrated operator and has applied
for both cultivation and processing licenses in future phases.

MCC may eventually be the largest and most advanced cannabis production facility on the east coast when built out growing and processing a significant amount of the cannabis for the emerging $2 billion Massachusetts cannabis market.

And to start, process and build another project of this scale would take years if it could ever get approved.

And just when the Democrats are taking control and the US government is going to legalize cannabis. Perfect timing, IMO.

ACAN is a really good pure play on cannabis legalization and if the stock
continues to be discovered by more investors it could be a real good rest of the year and 2021 for ACAN shareholders, IMO.