American Cannabis Company, Inc.
Announces Exclusive Contract to Manufacture and Distribute Her
Highness Products in Colorado
DENVER, CO -- May 13, 2021 -- InvestorsHub NewsWire --
via ( NewMediaWire) --
American Cannabis Company, Inc. (OTCQB:
AMMJ) (“ACC” or “Company”) is pleased to announce that it has
finalized an exclusive manufacturing and distribution agreement
with Her Highness NYC (“Her Highness”) within the state of
Colorado. Her Highness features premier designer cannabis products
and accessories designed and engineered thoughtfully for women by
women who are passionate and determined to expand the ever-growing
market of female consumers.
“Securing this opportunity with Her Highness marks a significant
accomplishment for American Cannabis Company,” said Terry Buffalo,
Chief Executive Officer of American Cannabis Company. Buffalo
continued, “Our team is very excited and enthusiastic to launch Her
Highness in Colorado. For many years there has been a gap in this
industry, as most products have been marketed to male-focused
demographics. With female consumers making up a large portion of
the market, brands like Her Highness have established themselves to
provide premier products that are made to deliver experiences that
elevate and celebrate women.”
The Her Highness collection of products include bespoke long
crutch pre-roll cones packed in gold boxes with refillable gold
lighters, the brand’s famous “highly orgasmic” Pleasure Oil, gluten
free 2.5mg micro-dose THC mints, luxuriously engineered gold Giggle
and High Priestess vape pens, deluxe ashtrays constructed with
marble and brass, gold tone luxe herb grinders and elegant smoking
accessories.
Allison Krongard, co-founder of Her Highness, also commented:
“As a New York-based brand, we could not be more excited and
honored to bring our cannabis collection to Colorado, ground-zero
for regulated cannabis. Through its retail channels as well as via
the wholesale market, American Cannabis Company will be providing
consumers with our catalog of female-forward cannabis couture.”
Laura Eisman, co-founder of Her Highness, also commented: “We’re
thrilled to have ACC as a licensing partner as we look to expand
into additional legal markets throughout the US and
internationally. With a mission to introduce and educate women on
the benefits of cannabis, we aim to offer products tailored to
enhance the experience of life. The future of cannabis is feminine,
and we are at the forefront.”
About American Cannabis Company, Inc.
American Cannabis Company, Inc. offers end-to-end solutions to
existing and aspiring participants in the cannabis and hemp
industries. We utilize our industry expertise to provide business
planning and market assessment services, assist state licensing
procurement, create business infrastructure and operational best
practices. We are continuing to grow the company by promoting our
operational management services and license the American Cannabis
Company brand as well as continuing to analyze acquisition
opportunities worldwide. American Cannabis Company also developed
and owns a portfolio of branded products including: SoHum Living
Soils® – Winner of the High Times S.T.A.S.H. Award for “Best
Potting Mix,” The Cultivation Cube™ and the High-Density
Cultivation System™. American Cannabis Company also designs and
provides other industry-specific custom product solutions.
For more information about American Cannabis Company, please
visit:
www.theacclife.com
www.americancannabisconsulting.com
www.americancannabiscompanyinc.com
www.sohumsoils.com
www.americanhempservices.com
Video Links:
https://americancannabisconsulting.com/resources/video/ (ACC
Site)
https://www.youtube.com/watch?v=aENC4aeNZis (High
Density Cultivation System)
https://www.youtube.com/watch?v=e9rNxFph_tQ&t (Cultivation
Cube)
https://www.youtube.com/watch?v=XoIcopO2yE8&t (SoHum
Living Soils®)
About Her Highness
Backed by Merida Capital, Her Highness is a female-first lifestyle
cannabis brand based in New York, designed for the modern cannabis
consumer. With an elevated brand aesthetic, a sophisticated
collection of cannabis and CBD products and stylish consumption
accessories, Her Highness is created for the feminine lifestyle.
Her Highness’ accessories and CBD line retails online with their
THC line available in California, Nevada, Massachusetts and soon,
Colorado, Pennsylvania and Ohio. Curated with female-friendly
effects like clear head, sans-munchies, anxiety-free and
high-functioning, Her Highness products are developed to benefit
women, addressing specific needs in their daily lives.
Through a partnership with the Last
Prisoner Project, Her Highness raises funds for women
with non-violent cannabis convictions working towards or reentering
after release.
For more information about Her Highness, please visit:
www.herhighness.com
@herhighnessnyc on all social platforms
ACC Contact:
IR@americancannabisconsulting.com
303-974-4770
Her Highness Media Contact:
info@melissaavitale.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". These 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.
Cannabis Remains an Illegal Schedule 1 Drug Under
Federal Law
Thirty-five states, including Colorado, the District of Columbia
and four U.S. Territories currently have laws broadly legalizing
cannabis in some form for either medicinal and/or recreational use
governed by state specific laws and regulations. Although legalized
in some states, cannabis is a “Schedule 1” drug under the
Controlled Substances Act (21 U.S.C. § 811) (“CSA”) and is illegal
under federal law. Cannabis and its derivatives are viewed as being
highly addictive and having no medical value. The United States
Drug Enforcement Agency enforces the Controlled Substances Act, and
persons violating it are subject to federal criminal
prosecution.
As a result of the November, 2020 federal elections, and the
election of Joseph R. Biden as president, it is expected that the
federal government will move to amend parts of the CSA and
de-schedule cannabis as a Schedule 1 drug.
In late January, 2021, Senate Majority Leader Chuck Schumer said
lawmakers are in the process of merging various cannabis bills,
including his own legalization legislation. He is working to enact
reform in this Congressional session. This would include the
Marijuana Freedom and Opportunity Act, that would federally
de-schedule cannabis, reinvest tax revenue into communities most
affected by the drug war, and fund efforts to expunge prior
cannabis records. It is likely that the Marijuana Opportunity,
Reinvestment, and Expungement (MORE) Act would be incorporated.
Other federal legislation under review for possible submission
includes the SAFE Banking Act (or Secure and Fair Enforcement Act),
a bill that would allow cannabis companies to access the
federally-insured banking system and capital markets without the
risk of federal enforcement action, and the Strengthening the Tenth
Amendment Through Entrusting States Act (or STATES Act), a bill
that seeks protections for businesses and individuals in states
that have legalized and comply with state laws.
Notably with respect to our business, on November 1, 2019,
Colorado Bill HB-19-1090, was passed and made effective. This law
allows publicly traded corporations to apply for and qualify for
the ownership of Colorado cannabis licenses. Other states that have
legalized cannabis for recreational and/or medicinal use restrict
public companies from owning interests in state cannabis licenses
altogether, or have enacted regulations which make it difficult for
corporations to comply with application requirements, including all
shareholders submitting to and passing background checks.
On September 18, 2020, Colorado’s Marijuana Enforcement Division
(MED), approved the Company’s application for suitability,
establishing the Company as one of the few publicly traded
companies authorized to acquire and operate various cannabis
licenses throughout Colorado, in both the recreational and medical
markets.
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