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Americann Inc  (ACAN)
Other Ticker:  
 
    Sector  Services    Industry Consulting Services
   Industry Consulting Services
   Sector  Services
 
Price: $0.0271 $-0.01 -16.615%
Day's High: $0.0399 Week Perf: -12.58 %
Day's Low: $ 0.03 30 Day Perf: -9.67 %
Volume (M): 17 52 Wk High: $ 0.28
Volume (M$): $ 0 52 Wk Avg: $0.08
Open: $0.04 52 Wk Low: $0.03



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 24
 Employees -
 Revenues (TTM) (Millions $) 2
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Americann Inc
Americann Inc is a leading provider of cannabis cultivation, processing, and dispensary operations. Based in Colorado, the company is focused on the medical and recreational cannabis markets. Americann provides expert consultation services to develop state-of-the-art cultivation facilities, including efficient technologies and techniques to maximize yields and quality of cannabis products. They also operate licensed dispensaries that offer a wide range of cannabis products to meet different customer preferences. The company combines industry expertise with innovative approaches to create a vertically integrated cannabis company that strives for excellence in all aspects of the business.


   Company Address: 1555 Blake Street, Unit 502 Denver 80202 CO
   Company Phone Number: 862-9000   Stock Exchange / Ticker: ACAN


   

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Americann Inc

2. Americann Inc Faces Declining Revenue and Widening Losses Amid Industry Growth

Americann Inc, a company operating in the Consulting Services industry, recently reported a decline in revenue and widened losses for the most recent fiscal period. This is in stark contrast to the industry, which experienced a revenue increase during the same period. Additionally, the company's stock experienced a significant drop of 20% in May 2024 and is currently trading 17.6% above its 52-week low.
During the most recent fiscal period, Americann Inc recorded losses of $0.01 per share, compared to breakeven results in the previous year and a loss of $0.01 per share in the prior reporting period. This indicates a deterioration in the company's financial performance. The slowdown in business can be attributed to various factors, such as increased competition, market shifts, or internal challenges.







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