American Cannabis Company, Inc. Announces Hemp Business Development & Appointment of Chief Operations Officer
DENVER, CO, Feb. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- American Cannabis Company, Inc. (OTCQB:AMMJ) ("ACC"), a full-service business-to-business consulting solutions provider, and seller of ancillary products to the cannabis industry, wishes to announce that it is now offering a full suite of services tailored specifically to the industrial hemp sector. The company will offer a myriad of services, including business plan creation, greenhouse and farm design, license acquisition, seed sales, hemp processing, operational deployment, and crop improvement. Furthermore, the Company is looking to partner with accredited universities nationwide to further the advancement of hemp related research. With the passage of the 2018 Farm Bill, all states now have the opportunity to develop and implement plans, in conjunction with the USDA, to license and regulate hemp production, and the Company seeks to position itself to lead in the forefront of these emerging markets.
Jon Workman, Vice President of Hemp Business Development, is excited to take on a new role in launching this expansive hemp program. Mr. Workman comes from four generations of farming in Southern Arkansas. Having been raised on his family's large-scale farm, and being engaged with commercial operations for years, Mr. Workman has been exposed to all aspects of big agriculture. He then worked in the financial services industry for nearly 20 years as a fixed-income trading manager for a large regional broker dealer in Southern California. In 2013, Mr. Workman returned to Arkansas to manage a 9,000+ acre row crop farm and beef cattle ranch operation. Mr. Workman has a deep understanding of commercial-scale modern agriculture, utilizing technology and crop improvement to optimize yields and cultivar development. Formerly a Strategic Business Consultant with the Company, Mr. Workman has the knowledge and experience that is necessary to maintain a successful industrial hemp consulting division. Mr. Workman stated: "My unique skillset combination will help me provide farmers the information they need in effort to make good forward-thinking agronomic decisions about their entry into the hemp market."
Terry Buffalo, the Company's Principal Executive Officer, commented: "With the passing of the 2018 Farm Bill, ACC can now unveil and launch its comprehensive hemp program. Jon has proven time and time again to be a tremendous asset to the Company, and with his background in large-scale commercial agriculture, I am certain that he will be able to successfully manage this soon to be robust sector of our business. With the hemp market taking off, I believe that our hemp consulting and deployment services may quickly become a major revenue driver for ACC. In expanding our model to include large scale hemp cultivation, we are strategically positioning ourselves to be an established brand in the commercial agriculture industry."
The Company is also pleased to announce the appointment of Tyler Schloesser as its new Chief Operations Officer. Mr. Schloesser will be responsible for the management of day-to-day business development and general operations. Mr. Schloesser is a graduate of the University of Colorado at Boulder, receiving a double major degree in Psychology and Philosophy. After graduation, he worked in the banking industry with Wells Fargo Bank, US Bank and Credit Union of Colorado attaining a background in client relations, compliance and management. With his diverse experience in the banking industry coupled with four years of experience as Operations Manager for the Company, Mr. Schloesser possesses a critical eye for detail and organization along with the ability to manage complex processes.
Ecstatic to take on a more sizeable role within the Company, Mr. Schloesser commented, "I am truly grateful and honored to be given the opportunity to take on this position. American Cannabis Company has come a long way since I first walked through the doors four years ago, and I am looking forward to seeing where our evolving business model takes us. The Company will continue to expand its reach by taking on equity positions in client projects, licensing the American Cannabis Company brand, as well as seeking strategic acquisition opportunities throughout North America and around the world. In addition to assisting with business development and taking on new responsibilities, I will continue to develop and maintain policies, procedures, processes, and risk mitigation best practices as well as manage the day-to-day operational activities that are associated with keeping the engine of a public company running."
Terry Buffalo, the Company's Principal Executive Officer, commented: "I am overjoyed to have Tyler as a part of our team. He has shown that he is qualified to fill the position of Chief Operations Officer and I look forward to working closer with him as our business continues to grow and expand. The Company has made some major pivots over the last several months in effort to refine the overall business model, and I am confident that the Company will continue to expand its footprint in a very positive way. Having a calculated and logical approach to whatever comes his way, Tyler will make a great addition to the executive management team here at ACC."
About American Cannabis Company, Inc.
American Cannabis Company, Inc. 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. We aim to continue to grow the Company by taking equity positions in client projects, licensing the American Cannabis Company brand, as well as analyze acquisition opportunities worldwide. American Cannabis Company also developed and owns a portfolio of branded products including: SoHum Living Soils® - Winner of the 2017 High Times S.T.A.S.H Award for "Best Potting Mix", The Cultivation Cube™ and the High-Density Cultivation System™. We also design and provide other industry specific custom product solutions. The building and development of our brands and product suite is based on our Geoponics Philosophy, "the art and science of agriculture in soil."
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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.
Source: American Cannabis Company, Inc.