American Cannabis Company Inc (OTCMKTS:AMMJ) has finalized a new design and consulting deal with a Canadian company for the purpose of developing a cannabis Licensed Producer facility in the Atlantic provinces. This project will commence with the development of an indoor facility.
Activities linked to this project will begin with the cultivation of a substitute crop, and then shift to cannabis manufacture as soon as required licensing is obtained. Future plans demands for the development of green houses and large scale indoor expansion.
The management speaks
Corey Hollister, the CEO and President of American Cannabis, said that the Canadian market is witnessing remarkable growth. They are thrilled to be working with a customer who is positioned to outperform within that market. The company has a strong corporate strategy and a considerable success track record within other business divisions in Canada and globally. ACC’s Geoponic Methodology showing SoHum living Soils™ will act as the platform of success in the Canadian cannabis industry. The CEO added that this cultivation form proved to be an ideal fit for their client.
It should be noted that American Cannabis provides end-to-end products to aspiring and existing participants in the cannabis market. They use industry expertise to offer business planning and market evaluation services, boost state licensing procurement, develop business infrastructure and deploy operational best practices.
As the cannabis market is showing indications of growth, Singlepoint Inc (OTCMKTS:SING) subsidiary is also planning to capitalize on rising accessibility to more than $6 billion cannabis market cash transactions. Expressing his views on this matter, CEO, Greg Lambrecht, said that though credit unions and banks will not openly accept whether or not they will begin Cannabis operations accounts, many more are deciding to be voiced on their acceptance.
The firm’s processor has extensive associations in a fast-growing division that has advanced to a point where the company is assured to proceed toward ramp-up on its subsidiary initiatives and operations. As the company look to further expand in the marketplace, they will work with its technology associates to develop applications. These apps will help safeguard the market with a safe method to transact monies for commercial owners working within the limits of state laws and rules laid for banks by fed authorities.
