Proceeds Will be Used to Develop the Company s State-of-the-art Massachusetts Medical Cannabis Center in Freetown, Massachusetts DENVER, CO / ACCESSWIRE / September 7, 2017, ACAN, / AmeriCann, Inc. (OTCQX: ACAN), an Agricultural-Technology company that is developing the next generation of sustainable, state-of-the-art medical cannabis cultivation properties, announced that it has secured an equity investment commitment of $10,000,000 from Mountain States Capital, LLC ( MSC ). The majority of the investment from MSC will be utilized to develop the first phase of AmeriCann s flagship project,
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