AmeriCann Launches Successful National Brand 1906 at its Massachusetts Cannabis Center tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.
AmeriCann, Inc.: AmeriCann Expands Joint Venture Partnership with Bask, Inc. at Massachusetts Cannabis Center
BOSTON, MA / ACCESSWIRE / January 19, 2021
/ AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation processing and product manufacturing facilities, announced that on January 19, 2021 the Company entered into an agreement to expand the cultivation capacity of its Joint Venture partner, Bask, Inc. ( Bask ).
AmeriCann s flagship project, the Massachusetts Cannabis Center ( MCC ), is located on a 52-acre parcel in Southeastern Massachusetts. The MCC project is permitted for 987,000 sq. ft. of cannabis cultivation and processing infrastructure which is being developed in phases.
Bask, one of the premier vertically integrated Massachusetts operators, commenced operations in Building 1, the MCC s first phase, in February of 2020.
AmeriCann, Inc.: AmeriCann Announces Record Revenue for 2020
Company Reported Full Fiscal Year 2020 Financial Results
BOSTON, MA / ACCESSWIRE / December 22, 2020 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation, processing and product manufacturing facilities, announced its financial results for the 12 months ended September 30, 2020.
2020 Financial Highlights and Recent Developments
The Company achieved record revenue for its fiscal year ending September 2020.
AmeriCann s revenue increased by $796,520 from 2019 to 2020.
The Company s operating revenue increased in every quarter for its fiscal year ending September 2020.
AmeriCann s operating revenue from Building 1, the completed first phase of the Company s Massachusetts Cannabis Center ( MCC ), increased 178% for the quarter that ended September 30, 2020 from the prior quarter.