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American Cannabis Company Inc   (AMMJ)
Other Ticker:  
 
 
Price: $0.0119 $0.00 7.207%
Day's High: $0.0119 Week Perf: 4.39 %
Day's Low: $ 0.01 30 Day Perf: -41.38 %
Volume (M): 176 52 Wk High: $ 0.09
Volume (M$): $ 2 52 Wk Avg: $0.02
Open: $0.01 52 Wk Low: $0.01



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 86
 Employees -
 Revenues (TTM) (Millions $) 13
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

American Cannabis Company Inc
American Cannabis Company Inc. is a Colorado-based consulting and ancillary products company serving the cannabis industry. The company specializes in providing businesses with consultancy services, such as business planning, license acquisitions, cultivation facility design, regulatory compliance, and branding/marketing solutions. They also offer a wide range of products and services like cultivation systems, extraction equipment, security solutions, and packaging solutions to cater to businesses in the cannabis industry. American Cannabis Company Inc. aims to help cannabis businesses succeed and thrive by providing them with the necessary tools, knowledge, and guidance.


   Company Address: 200 Union Street Lakewood 80228 CO
   Company Phone Number: 974-4770   Stock Exchange / Ticker: AMMJ
   AMMJ is expected to report next financial results on April 16, 2024.


   

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American Cannabis Company Inc

American Cannabis Company Inc: Facing Critical Challenges in Pivotal Q3 2023



The financial results of American Cannabis Company Inc for the fiscal time-frame ending September 30, 2023, have shed light on several intriguing aspects that could potentially shape the company's future trajectory. Despite a decline in revenue and a noticeable increase in inventories, the company managed to reduce its net loss compared to the previous year. However, challenges persist, calling for careful analysis and proactive measures to ensure long-term success.
Revenue Decline and its Implications:
The most significant concern arising from the financial results is the sharp decline in revenue. A staggering -71.751% YoY decrease reflects a challenging operating environment in the cannabis industry. This downturn was further amplified by a sequential decrease of -29.651%, suggesting ongoing difficulties in generating substantial revenue. Understanding the factors behind this decline will be critical for American Cannabis Company Inc to identify and address systemic issues affecting its revenue growth.

American Cannabis Company Inc

American Cannabis Company Inc Reports 82% Decline in Revenue for Q2 2023 Earnings Season



American Cannabis Company Inc (ACC) recently released its financial report for the period ending June 30, 2023, revealing several key financial highlights. The company achieved a break-even of $0.00 per share, marking stability in comparison to the previous year's performance. Furthermore, this performance remained consistent with the previous financial reporting period results.
Significantly, ACC experienced a sharp decline in revenue, which plummeted by -82.026% to $0.85 million from $4.74 million in the corresponding period the previous year. Nevertheless, sequential revenue demonstrated a positive trend, with a 19.701% improvement from $0.71 million.






 

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