American Cannabis Partners (ACP) is a multi-state cannabis company with 560,000 square feet of licensed canopy space for cultivation and one retail license. The company is nationally headquartered in Trinity County of Northern California’s Emerald Triangle.
ACP is focused on three complementary business segments: real estate, acquisition & development of proprietary assets, and ongoing cultivation operations. Led by a seasoned management team with 30+ years of canna-business experience, ACP’s strategy is to capture opportunities in real estate and licensing in states that have recently passed cannabis legalization legislation,
thereby equipping the company to capitalize on Federal interstate commerce opportunities.
Through its current cultivation operations, ACP supplies approximately 80% of its whole flower products for manufacturing, distribution and retail licenses. With the remaining 20%, the company supplies its proprietary strains to select California distributors and its own Michigan retail location under its exclusive in-house brand, ZÜK.
History of American Cannabis Partners
In 2014, Stephen Jordan, President of ACP, took on the Director of Operations position for a U.S.-based company operating in the Jamaican cannabis space. Over the course of his three-year tenure in this role, Jordan developed a number of relationships that would help serve as the basis of American Cannabis Partners.
One such relationship was with Junior Gordon, a cultivation lead grower from Jamaica’s Westmoreland Parish. Jordan immediately saw the value of Gordon’s unique skillset and credentials, and Gordon recognized Jordan’s heartfelt vision of bringing Jamaican culture to the rapidly developing U.S. cannabis space.
Guided by that mission, ACP’s unchanging goal is to improve the lives of individuals through cannabis and business.
Current Operations
Since its founding in 2018, privately-owned American Cannabis Partners has established a foothold in two key U.S. cannabis markets – California and Michigan. In total, the company has acquired 12 cannabis licenses, including 20,000 sq. ft. of cultivation licenses in California and 540,000 sq. ft. of cultivation licenses & one retail license in Michigan.
ACP’s IP portfolio features three proprietary strains sold exclusively through the company’s wholly owned ZÜK brand, as well as proprietary data collection and mining systems supporting its cultivation and retail operations.
Plans for Expansion
American Cannabis Partners is pursuing additional growth in the cannabis sector through multiple planned initiatives. These include:
- Submitting applications for additional cultivation licenses at the company’s Trinity County, California, location;
- Planning land acquisition and project development strategies for expanding operations to its third U.S. state beginning in the second quarter of 2022; and
- Planning land acquisition and project development strategies for expanding operations to its fourth U.S. state beginning in the second quarter of 2024.
ACP is currently exploring expansion opportunities through partnerships and joint ventures in New Jersey, New York, Virginia, Nevada, Arizona, Missouri and Massachusetts.
Investment Considerations
- American Cannabis Partners (ACP) is a multi-state operating cannabis company headquartered in Trinity County of Northern California’s Emerald Triangle.
- ACP supplies multiple forms of raw product at wholesale prices for manufacturing, distribution and retail licensees.
- The company’s wholly owned in-house brand, ZÜK, is available through ACP’s retail location in Michigan, as well as select California suppliers.
- Michigan cannabis industry sales reached $984.7 million in 2020, according to data from the Michigan Marijuana Regulatory Agency, with recreational sales making up more than half of the total.
- California cannabis industry sales hit $4.4 billion in 2020, marking a year-over-year increase of 57%, according to MJBizDaily.
- The management team for ACP is comprised of industry leaders in organic farming, financial services and cultivation, with 30+ years of canna-business experience.
Recent Coverage
CannabisNewsBreaks – American Cannabis Partners Leveraging Focus on Key Business Segments to Capture Opportunity
April 29, 2022
- Michigan continues to break sales records in the cannabis sector
- ACP currently operates in Michigan and California and is exploring strategies for expanding operations to two more states
- The company is focused on three business segments: real estate, acquisition and development of proprietary assets, and ongoing cultivation operations
American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, currently operates in Michigan and California and is also in the process of exploring land acquisition and project development strategies for expanding operations to two more states this year. “With a total of 12 cannabis licenses, including 560,000 square feet of
cultivation licenses in California and Michigan and one retail license in Michigan, ACP is committed to becoming a leader in the U.S. cannabis industry,” reads a recent article discussing the company. “ACP is focused on multiple business segments: real estate, acquisition and development of proprietary assets, and ongoing cultivation operations. Led by a seasoned management team with more than three decades of canna-business experience, ACP is guided by its strategy to capture
opportunities in real estate and licensing in states that have recently passed cannabis legalization legislation, thereby equipping the company to capitalize on federal interstate commerce opportunities… Through its current cultivation operations, ACP supplies approximately 80% of its whole flower products for manufacturing, distribution and retail licenses. With the remaining 20%, the company supplies its proprietary strains to select California distributors and its own Michigan retail
location under its exclusive in-house brand, ZÜK.”
To view the full source article, visit: THIS LINK
|
Featured Event
Alternative Products Expo at Medellin, Columbia
May 21-22, 2022 – Medellin, Columbia
The Alternative Products Expo is being held at Medellin, Columbia on May 21-22nd, 2022. The Expo has expanded its portfolio to cater to a wider audience to become the Alternative Products Expo.
Leaders and influencers of the Alternative Products industry will attend the event and share their views on the latest innovations and the future of the rapidly growing Alternative Products market. Startups, investors, and traders, can explore business avenues at this platform to gain new business leads, investment opportunities, and a better understanding of this expanding market.
Alternative category products consist of a product line that is either a substitute for better-known traditional products or as unique entries in the mainstream category.
Vendors, traders and enthusiasts are invited to become a part of this developing community of the alternative products market and understand the dynamic potential it represents.
Conference Highlights
- The Alternative Products Expo by ZJ Events is being organized in Medellin, Columbia for May 21-22nd, 2022.
- More than 100+ vendors and 1000+ products will feature at the Expo, offering phenomenal networking opportunities.
- The Alternative Products Expo is a one-of-a-kind networking event that now arrives in Medellin to promote the local community.
Upcoming Events
|