M&A - American Cannabis Company, Inc.

Form Type: 8-K

Filing Date: 2025-06-18

Corporate Action: Acquisition

Type: New

Accession Number: 000190359625000316

Filing Summary: On June 13, 2025, American Cannabis Company, Inc. entered into two material definitive agreements aimed at furthering its strategic goals. The first agreement is a Stock Purchase Agreement with KTEC, LLC, which involves the issuance of 500 million shares of common stock with a par value of $0.00001. This issuance is contingent upon receiving approval from the state and local Marijuana Enforcement Division (MED). The second agreement involves an asset transfer agreement with Cannabis Depot Colorado Springs Inc., which includes the transfer of specific medical marijuana licenses and assets from the Company's subsidiary, Hollister and Blacksmith Inc. This transaction also requires state and local MED approval. These actions reflect a significant step towards enhancing the Company’s operational capabilities and market position.