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Construction Updates from the MCC – April 2019

AmeriCann • April 29, 2019
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Construction is progressing rapidly and on schedule at AmeriCann’s flagship project, the Massachusetts Cannabis Center (MCC).

The MCC is being developed on a 52-acre parcel located in Southeastern Massachusetts. The MCC project is permitted for 987,000 sq. ft. of cannabis cultivation and processing infrastructure for the existing medical cannabis and the newly emerging adult-use cannabis marketplace.

Building 1 of the MCC, a 30,000 square foot cultivation and processing facility, is scheduled to be completed in August of 2019. The building’s exterior and greenhouse are largely complete, and interior construction of utilities, drywall, irrigation systems, environmental controls and security systems are close to completion.

AmeriCann has a 15-year Joint Venture Partnership with Bask, Inc., an existing Massachusetts licensed vertically integrated cannabis operator. AmeriCann will receive a Revenue Participation Fee of 15% of Gross Revenue on all products produced and sold from Building 1.

Stay tuned for more updates on construction and our grand opening this summer!

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AmeriCann Achieves Construction Milestone at its Massachusetts Cannabis Center Development

Building 1 receives a Temporary Certificate of Occupancy and is over 90 percent complete. (Denver, CO)— AmeriCann, Inc. (OTCQB: ACAN), a cannabis company that is…

AmeriCann • July 9, 2019
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AmeriCann Provides Construction Update on its Massachusetts Cannabis Center Development

June 6, 2019: Building 1 is 80 percent complete, permanent utilities have been connected and the project scheduled for completion in August

AmeriCann • June 6, 2019
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