Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
American Cannabis Company ( (AMMJ) ) has provided an announcement.
On June 13, 2025, American Cannabis Company, Inc. announced its entry into a Stock Purchase Agreement with KTEC, LLC, involving the issuance of 500 million shares of common stock, pending regulatory approval. Additionally, the company agreed to transfer certain medical marijuana licenses and assets to Cannabis Depot Colorado Springs Inc., also subject to regulatory approval, indicating strategic realignment and potential market expansion.
More about American Cannabis Company
American Cannabis Company operates within the cannabis industry, focusing on providing products and services related to cannabis cultivation and distribution. The company is involved in strategic transactions to enhance its market presence.
Average Trading Volume: 45,011
Technical Sentiment Signal: Sell
Current Market Cap: $315.9K
For an in-depth examination of AMMJ stock, go to TipRanks’ Overview page.