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AmeriCann Reports Record Quarterly Revenue and Positive EBITDA ACCESSWIRE Company Also Achieved All-time Record Monthly Revenue in April, 2021 Increased Sales Growth Obtained from its Flagship Massachusetts Cannabis Center BOSTON, MA / ACCESSWIRE / May 17, 2021 / AmeriCann, Inc. (OTCQB:ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, provided financial and operational updates for its flagship project, the Massachusetts Cannabis Center. AmeriCann s Operating Revenue from the Massachusetts Cannabis Center increased nearly 60% for the quarter ending March 31, 2021 from the prior quarter. Additionally, the Company achieved positive adjusted EBITDA for the quarter. Also, the Company announced that it achieved all-time record revenue for the month of April, 2021.

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