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Private company

American Cannabis Company, Inc.

American Cannabis Company, Inc. is a medicinal chemicals and botanical products company.1 It is headquartered in Lakewood, Colorado.1

Last updated Oct 21, 2026.

Overview

  • IndustryMedicinal Chemicals & Botanical Products1
  • HeadquartersLakewood, Colorado1
  • Business address200 Union St., Suite 200, Lakewood, Co 802282
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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(“Holdings”), a Delaware limited liability company. On October 10, 2014, we changed our stock symbol from BIMI to AMMJ.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

409.6%Gross margin4
-155.5%Operating margin4
-147.8%Net margin4
-86.8%Revenue growth, 20234
-236155.9%Return on equity4
-$82.1KFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue58¢$1.4M
  • Other costs37¢$928.3K
  • Interest5¢$113.6K

Out of $2.5M in revenue.4 The company lost money this year.

Financial statements

Revenue567894$2.5M in 2023+1% since 2017
0$5.0M$10.0M$15.0M$20.0M2017: $2.4M$2.4M20172018: $982.3K$982.3K2018−60%2019: $2.1M$2.1M2019+117%2020: $1.6M$1.6M2020−26%2021: $2.4M$2.4M2021+54%2022: $18.8M$18.8M2022+676%2023: $2.5M$2.5M2023−87%
Gross profit567894$10.1M in 2023+519% since 2017
0$5.0M$10.0M$15.0M2017: $1.6M$1.6M20172018: $458.5K$458.5K2018−72%2019: $1.3M$1.3M2019+192%2020: $720.7K$720.7K2020−46%2021: $1.1M$1.1M2021+47%2022: $2.5M$2.5M2022+140%2023: $10.1M$10.1M2023+300%
Operating income67894-$3.9M in 2023+283% since 2018
-$4.0M-$3.0M-$2.0M-$1.0M02018: -$1.0M-$1.0M20182019: -$333.9K-$333.9K2019−67%2020: -$624.0K-$624.0K2020+87%2021: -$1.6M-$1.6M2021+163%2022: -$605.7K-$605.7K2022−63%2023: -$3.9M-$3.9M2023+536%
Net income1067894-$3.7M in 2023+146% since 2017
-$4.0M-$3.0M-$2.0M-$1.0M02017: -$1.5M-$1.5M20172018: -$950.7K-$950.7K2018−36%2019: -$301.7K-$301.7K2019−68%2020: -$532.4K-$532.4K2020+76%2021: -$1.4M-$1.4M2021+170%2022: -$633.2K-$633.2K2022−56%2023: -$3.7M-$3.7M2023+478%
Fiscal year2017201820192020202120222023
Revenue$2.4M5$982.3K6$2.1M7$1.6M8$2.4M9$18.8M4$2.5M4
Cost of revenue$805.8K5$523.8K6$791.8K7$849.1K8$1.4M9$16.3M4$1.4M4
Gross profit$1.6M5$458.5K6$1.3M7$720.7K8$1.1M9$2.5M4$10.1M4
Research and development$2.4K5$5906$3476
Operating expenses$2.7M9$3.1M4$4.9M4
Operating income-$1.0M6-$333.9K7-$624.0K8-$1.6M9-$605.7K4-$3.9M4
Interest$1.8K8$75.4K9$78.1K4$113.6K4
Income tax
Net income-$1.5M10-$950.7K6-$301.7K7-$532.4K8-$1.4M9-$633.2K4-$3.7M4
Earnings per share
Earnings per share (diluted)

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What it owns

What American Cannabis Company, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$580.4K4 Dec 31, 2023$541.3K4 Dec 31, 2022+7.2%
Accumulated depreciation$170.1K4 Dec 31, 2023$113.7K4 Dec 31, 2022+49.7%
Property and equipment, net$410.3K4 Dec 31, 2023$427.7K4 Dec 31, 2022−4.1%
Operating-lease assets (leased space)$474.5K4 Dec 31, 2023$604.0K4 Dec 31, 2022−21.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$21.1K4 Dec 31, 2023$117.5K4 Dec 31, 2022−82.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, gross$1.5M4 Dec 31, 2023$1.5M9 Dec 31, 2022−0.7%
Accumulated amortization$440.6K4 Dec 31, 2023$255.2K9 Dec 31, 2022+72.6%
Finite-lived intangibles, net$1.0M4 Dec 31, 2023$1.2M4 Dec 31, 2022−15.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$586.2K4 Dec 31, 2023$353.0K4 Dec 31, 2022+66.1%
Raw materials$75.3K4 Dec 31, 2023$38.5K4 Dec 31, 2022+95.8%
Work in process$444.5K4 Dec 31, 2023$206.3K4 Dec 31, 2022+115.5%
Finished goods$66.4K4 Dec 31, 2023$41.5K4 Dec 31, 2022+60.1%

Leadership

Who has led American Cannabis Company, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Themistocles Psomiadis2013
  2. Corey James Ariel Hollister2014–2016
  3. Terry Lynn Buffalo2018
  4. Ellis Lamar Smith2022–2023

President

  1. Corey James Ariel Hollister2016
  2. Ellis Lamar Smith2021–2022

Chief financial officer

  1. Jesus Quintero2017
  2. Michael Schwanbeck2019
2010201520202025
Board members and other officers (12)

Former names

  • Brazil Interactive Media, Inc.Apr 16, 2013 to Oct 3, 20142
  • NATUREWELL INCSep 27, 2000 to Jun 11, 20132
  • LA JOLLA DIAGNOSTICS INCSep 30, 1996 to May 16, 20002

Timeline

  1. May 11, 20268-K Executive or director change30
  2. May 11, 20268-K Executive or director change31
  3. Dec 29, 20258-K Executive or director change32
  4. Jun 18, 20258-K Entered a material agreement33
  5. Mar 14, 20258-K Ended a material agreement; Executive or director change34
  6. Mar 5, 20258-K Executive or director change35
  7. Mar 4, 20258-K Executive or director change36
  8. Nov 21, 20248-K Entered a material agreement; Executive or director change37
  9. Nov 8, 20248-K Entered a material agreement; Executive or director change38
  10. Oct 9, 20248-K Executive or director change39
  11. Mar 1, 20248-K Entered a material agreement40
  12. Dec 1, 20238-K Entered a material agreement41
  13. Feb 9, 2022New chief executive Ellis Lamar Smith becomes CEO15
  14. Feb 13, 2018New chief executive Terry Lynn Buffalo becomes CEO16
  15. Oct 14, 2014New chief executive Corey James Ariel Hollister becomes CEO17
  16. Mar 29, 2013New chief executive Themistocles Psomiadis becomes CEO18

Filings

68 filings to the SEC since October 2021: 4 annual reports, 9 quarterly reports, 24 major events, 20 insider forms, 11 other. The latest 20:

  1. May 11, 20268-K EDGAR
  2. May 11, 20268-K EDGAR
  3. Dec 29, 20258-K EDGAR
  4. Jun 18, 20258-K EDGAR
  5. Mar 14, 20258-K EDGAR
  6. Mar 5, 20258-K EDGAR
  7. Mar 4, 20258-K EDGAR
  8. Feb 11, 202510-Q EDGAR
  9. Nov 21, 20248-K/A EDGAR
  10. Nov 14, 2024NT 10-Q EDGAR
  11. Nov 8, 20248-K EDGAR
  12. Oct 9, 20248-K EDGAR
  13. Aug 14, 2024NT 10-Q EDGAR
  14. Jul 15, 202410-Q EDGAR
  15. May 15, 2024NT 10-Q EDGAR
  16. May 8, 202410-K EDGAR
  17. Apr 1, 2024NT 10-K EDGAR
  18. Mar 1, 20248-K EDGAR
  19. Dec 1, 20238-K EDGAR
  20. Nov 14, 202310-Q EDGAR

The 68 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

8 open-market trades by officers, directors and large owners since October 2021: 0 buys and 8 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 25, 2023Schloesser Tyler AChief Operations OfficerSale1,500,000$0.02$30.0KForm 4
Nov 17, 2021Smith Ellis LamarChief Executive OfficerSale20,000$0.10$2.0KForm 4
Nov 15, 2021Smith Ellis LamarChief Executive OfficerSale45,000$0.10$4.5KForm 4
Nov 12, 2021Smith Ellis LamarChief Executive OfficerSale50,000$0.10$5.0KForm 4
Nov 11, 2021Smith Ellis LamarChief Executive OfficerSale47,200$0.10$4.7KForm 4
Nov 10, 2021Smith Ellis LamarChief Executive OfficerSale57,800$0.10$5.8KForm 4
Nov 9, 2021Smith Ellis LamarChief Executive OfficerSale33,891$0.10$3.4KForm 4
Nov 8, 2021Smith Ellis LamarChief Executive OfficerSale91,109$0.10$9.5KForm 4

From Forms 4 filed with the SEC.

SEC filer profile

How American Cannabis Company, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAmerican Cannabis Company, Inc.1
  • CIK0000945617
  • Employer ID (EIN)90-11166251
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Fiscal year endsDecember 311
  • Industry code (SIC)2833 Medicinal Chemicals & Botanical Products1
  • SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
  • Business address200 Union St., Suite 200, Lakewood, CO 802281
  • Phone303-974-47701
  • Shares outstanding185,800,915 as of Feb 11, 202512
  • Public float$1.7M as of Dec 31, 20234
  • On EDGAR sinceMay 14, 19961
  • Filings560 in all: 4 (121), 8-K (89), 10-Q (49), NT 10-Q (47), 10QSB (35), NT 10-K (25), 4/A (22), 10-K (18)1
    All 43 form types

    5 (14), 8-K/A (14), UPLOAD (14), 3 (13), 10KSB (12), 10-Q/A (9), SC 13D (9), 10QSB/A (8), PRER14C (6), 10KSB/A (5), CORRESP (5), S-8 (5), PRE 14C (4), 424B3 (3), DEF 14C (3), NTN 10K (3), SC 13D/A (3), 10-K/A (2), EFFECT (2), PRE 14A (2), REGDEX (2), S-1 (2), S-1/A (2), 15-12G (1), 15-12G/A (1), 3/A (1), D (1), DEF 14A (1), PRER14A (1), REGDEX/A (1), S-8 POS (1), SB-2 (1), SB-2/A (1), SC 13G (1), SC 14F1 (1)

  • Latest filingsAnnual report (10-K) May 8, 2024
    Quarterly report (10-Q) Feb 11, 2025
    Proxy statement (DEF 14A) May 16, 2000
    Latest 8-K (8-K) May 11, 2026

Sources

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