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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.