Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

Americann secures $10M in equity financing to build Boston property

Americann secures $10M in equity financing to build Boston propertyDenver-based Americann, Inc (OTCQX:ACAN) has secured $10M from Mountain States Capital. Most of this will be used to develop the first phase of Americann’s flagship project, the Massachusetts Medical Cannabis Center (MMCC), outside Boston. MMCC is a cannabis real estate project that will lease space to medical cannabis businesses.

In Freetown MA, forty-seven miles from Boston, the MMCC project is in the middle of the state’s medical cannabis market. It could also take advantage of the recently-approved, not yet developed, recreational market in the state.

“Massachusetts is one of the most dynamic developing cannabis markets in the United States,” said Americann CEO Tim Keogh.

The first phase of MMCC will be 30,000 sq ft of greenhouse, lab and research space. This is already 100% leased to Coastal Compassion, Inc, a licensed operator in Massachusetts. American stock was up 16% on the news, from C$2 to C$2.26. It is up over 100% from year ago, but down from its May high above $4.

Source: Americann website, press release

Americann secures $10M in equity financing to build Boston property

About Cannin: Your Cannabis Stocks Resource

Cannin is your #1 trusted resource for cannabis stocks. Our global team of experts evaluates all emerging cannabis stock investing opportunities. We aggregate hundreds of hours of financial research and provide tips on the best cannabis stocks for 2020. 

Use Cannin as your resource for:

Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.

Are you looking to buy stock in hemp companies or marijuana companies for 2020? Interested in new penny hemp stock companies? Looking for the best Canadian cannabis stocks to invest in? Looking to leverage the power of algorithmic stock trading to beat the cannabis market? We can help.

Are you interested in cannabis stocks like Curaleaf, Trulieve, Aurora Cannabis, Charlotte’s Web, Canopy Growth, or Hemp Inc.?

Predict price movements of cannabis stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +25% Gains in 2020
  • +49.8% Gains in 2019
  • Backtested since 2012

We’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best cannabis stocks – we’ll show you how at

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Penny Hemp Stocks