12/08/2014
Focused on Increasing Awareness and Enhancing Shareholder Value
DENVER, CO / ACCESSWIRE / December 8, 2014 / AmeriCann, Inc. (OTCQX Markets: ACAN), a company that develops cannabis cultivation facilities and provides capital for cannabis entrepreneurs, announced today that it has retained Hayden IR. Hayden IR is a fifteen-year old, highly-recognized national investor relations firm that will raise AmeriCann, Inc.’s visibility and strengthen its relationships with the investment community, increase awareness and enhance shareholder value.
AmeriCann, with corporate offices in Denver and Boston, is focused on bringing sustainability and efficiency to the design, construction and oversight of highly productive, energy efficient greenhouse cannabis cultivation facilities.
Utilizing the extensive experience of its accomplished management team, AmeriCann provides real estate development, research, consulting and capital to the medical cannabis industry. The size of the regulated cannabis industry is estimated to be $1.2 billion annually and is projected to reach $10.2 billion by 2018. The infrastructure needed to keep up with the demand for cannabis is expected to be over $5 billion over the next two years alone.
AmeriCann has deployed over $3,000,000 in capital in two cultivation projects in Colorado and has partnered with applicants for two of the coveted cannabis cultivation licenses in Illinois. The company plans to expand throughout the country aggressively as new states approve and regulate medical marijuana. More information about the Company is available at https://acaninfo.com.
“Over the past year, our AmeriCann team has successfully executed on our business, progressing from a concept to meaningful partnerships and investments in the rapidly moving legalized cannabis industry. Our company is entering a very exciting phase as we look to build upon our recent success with a solid pipeline of opportunities,” said Tim Keogh, AmeriCann’s Chief Executive Officer. “We believe it is an appropriate time to retain a national investor relations firm to help us target and expand our investor audience and ensure we are communicating effectively with Wall Street. We look forward to working with the team of professionals at Hayden IR to execute this important goal.”
With offices in New York, Phoenix, Minneapolis and San Diego, Hayden IR provides a comprehensive range of investor relations services. Hayden IR connects emerging growth companies with institutions, independent portfolio managers, buy-side and sell-side analysts, family offices, retail brokerage firms and accredited individual investors though a comprehensive, multi-tier proactive program. Hayden delivers expertise and professionalism in such areas as investor management, relationship building, awareness campaigns, online presence and corporate identity.
Stephen Hart, VP Capital Markets Advisory at Hayden IR, added, “We are very excited to be working with AmeriCann, a company with stellar management and strong relationships in the burgeoning regulated cannabis industry. Its business model, partnerships and industry relationships make AmeriCann well positioned to take advantage of the expected growth of regulated cannabis over the next few years. The team at Hayden IR looks forward to articulating this opportunity to the professional investment community.”
Forward-Looking Statements:
Forward-Looking Statements. This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project,” “prospects,” “outlook,” and similar words or expressions, or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could” are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company’s forward-looking statements, please see the Company’s Annual Report on Form 10-K for the year ended December 31, 2013, including but not limited to the discussion under “Risk Factors” therein, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov.
Contact:
Investors:
Hayden IR
hart@haydenir.com
917-658-7878
Media:
media@ACANinfo.com
303-862-9000