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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 Completes Construction of Building 1 at Massachusetts Cannabis Center and Expects to Commence Revenue this fall

Company Received its Final Certificate of Occupancy for Building 1 and JV Partnership Revenue to Commence this fall AmeriCann Completes Construction of Building 1 at…

AmeriCann • August 14, 2019
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AmeriCann Provides Outlook on Tuesday’s Senate Hearing to Improve Financial Access for Cannabis Companies

Adoption of the SAFE Banking Act Would Normalize Financial Operations for Cannabis Businesses DENVER, CO / ACCESSWIRE / July 22, 2019 / AmeriCann, Inc. (OTCQB: ACAN), a cannabis company…

AmeriCann • July 22, 2019
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