American Cannabis Company (OTCQB:AMMJ) announced it secured a new undisclosed cannabis client in the state of California.
As quoted in the press release:
This client seeks to acquire a license that will permit them to dispense medical cannabis to patients. ACC has been contracted to complete operational planning activities, to provide conceptual design work for a retail dispensary location, to assist with 2017 city permitting, and to help with 2018 state application completion. Upon the client being awarded a city permit, ACC will be further retained in the dispensary deployment process where the consulting firm will provide facility staffing solutions, a customized set of operational workflow procedures, and remote operational monitoring support. ACC expects to leverage this contract to secure additional revenues through long-term consulting agreements and future sales of ancillary products, as this client is looking to seek licensure for the California recreational/adult-use cannabis program in the near future.
Terry Buffalo, CEO of American Cannabis Company, commented: “We are glad to be engaged with this client in the state of California. This state, while deeper than most states in its cannabis industry history and tenure, continues to present vast amounts of opportunity within the marketplace.