Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum 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.