American Cannabis Company Accepted to the Association of Responsible Cannabis Public Companies
Industry SRO Admits New Members
DENVER, CO / ACCESSWIRE / December 11, 2014 / American Cannabis Company Inc. (AMMJ) (“ACC” or the “Company”), a full service cannabis industry consulting and provider of proprietary products, today announced that the Association of Responsible Cannabis Public Companies, Inc. (“ARCPC”) has accepted ACC as one of its first three members. ARCPC is a non-profit, self-regulatory organization (“SRO”) comprised of publicly traded companies in the legalized cannabis industry that promotes high ethical standards through its Code of Practice. In addition to ACC, the ARCPC also accepted CannLabs, Inc. (OTCQB:CANL) and Heliospectra, Inc. (OTCQB:HLSPY) to its initial membership.
ARCPC’s executive director, Alan T. Hawkins, commented on its new member, “The induction of our organizations first three members represents an important milestone in our efforts to recognize publicly traded industry participants who have demonstrated high standards in terms of corporate governance and investor accountability. As the cannabis industry matures, we intend to promote transparency and high ethical and operational practices.”
American Cannabis Company CEO Corey Hollister stated, “Our company is pleased to have been accepted as one of the initial members chosen by the ARCPC to represent their practice standards. ACC’s corporate values sync with the ARCPC’s mission and, by joining the organization, we hope to further our best practices in all aspects of our business to maximize our value to the industry and our shareholders.”
Mr. Hollister continued, “This is a pivotal time for players in the cannabis industry, especially publicly-traded participants. ACC’s management team recognized that one of ARCPC’s objectives is to promote effective business practices that further validate the cannabis industry’s qualifications as a viable investment opportunity with outstanding growth prospects. ARCPC is focused on creating and establishing the credibility of companies that champion strong regulatory compliance and reporting transparency.”
About American Cannabis Company:
American Cannabis Company (“ACC”) offers end-to-end solutions to existing and aspiring participants in the cannabis industry. We utilize our industry expertise to provide business planning and market assessment services, assist state licensing procurement, create business infrastructure and operational best practices. Through our two vertically integrated businesses, American Cannabis Consulting and Trade Winds Inc., a group purchasing organization, we support our clients from concept to creation to commercialization.
For more information, please visit: www.americancannabiscompanyinc.com.
Forward Looking Statements
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
Chief Operating Officer
SOURCE: American Cannabis Company, Inc.
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