ACP created a cash flow positive model that protects shareholders
Privately owned American Cannabis Partners (“‘ACP”), a multistate operator creating a sustainable Jamaican cannabis experience, has created a cash flow positive business model that protects shareholders and the company regardless of the fluctuations in the industry. ACP’s CEO, Stephen Jordan worked in the cannabis business for three years in Jamaica. He brought those relationships, and employees with 30-40 years of experience in cultivation, back with him to California when recreational cannabis became legal in 2018. The company currently operates in Northern California and Michigan with plans to expand into a third state within the next year.
Tangible assets like real estate and equipment play a key role in creating stability for ACP before building the company out. They have acquired 11 cultivation licenses, one retail license, and have around 560,000 square feet of canopy space for cultivation. This provides the safety net to…
NOTE TO INVESTORS: The latest news and updates relating to American Cannabis Partners are available in the company’s newsroom at https://cnw.fm/ACP
About CannabisNewsWire
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CannabisNewsWire.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have questions or are you interested in working with CNW? Ask our Editor
CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com
CannabisNewsWire is part of the InvestorBrandNetwork.
