Private company

American Cannabis Company, Inc.

Medicinal chemicals and botanical products company.

Last updated Oct 18, 2026.

Overview

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

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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 margin³

-155.5%Operating margin³

-147.8%Net margin³

-86.8%Revenue growth, 2023³

-236155.9%Return on equity³

-$82.1KFree cash flow³

Where the money goes

Where each dollar of revenue went, fiscal 2023

Cost of revenueOther costs

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

Out of $2.5M in revenue.³ The company lost money this year.

Financial statements

Revenue⁴⁵⁶⁷⁸³$2.5M in 2023+1% since 2017

Gross profit⁴⁵⁶⁷⁸³$10.1M in 2023+519% since 2017

Operating income⁵⁶⁷⁸³-$3.9M in 2023+283% since 2018

Net income⁹⁵⁶⁷⁸³-$3.7M in 2023+146% since 2017

Fiscal year	2017	2018	2019	2020	2021	2022	2023
Revenue	$2.4M⁴	$982.3K⁵	$2.1M⁶	$1.6M⁷	$2.4M⁸	$18.8M³	$2.5M³
Cost of revenue	$805.8K⁴	$523.8K⁵	$791.8K⁶	$849.1K⁷	$1.4M⁸	$16.3M³	$1.4M³
Gross profit	$1.6M⁴	$458.5K⁵	$1.3M⁶	$720.7K⁷	$1.1M⁸	$2.5M³	$10.1M³
Research and development	$2.4K⁴	$590⁵	$347⁵
Operating income		-$1.0M⁵	-$333.9K⁶	-$624.0K⁷	-$1.6M⁸	-$605.7K³	-$3.9M³
Interest				$1.8K⁷	$75.4K⁸	$78.1K³	$113.6K³
Income tax
Net income	-$1.5M⁹	-$950.7K⁵	-$301.7K⁶	-$532.4K⁷	-$1.4M⁸	-$633.2K³	-$3.7M³
Earnings per share
Earnings per share (diluted)

Total assets⁴⁵⁶⁷⁸³$2.8M in 2023+52% since 2017

Total liabilities⁷⁸³$2.8M in 2023+983% since 2020

Shareholders’ equity⁶⁷⁸³$1.6K in 2023−100% since 2017

Cash⁵⁶⁷⁸³$21.1K in 2023−99% since 2017

Fiscal year	2017	2018	2019	2020	2021	2022	2023
Cash	$1.6M⁵	$1.1M⁶	$945.2K⁷	$1.7M⁷	$670.4K⁸	$117.5K³	$21.1K³
Current assets	$1.8M⁴	$1.3M⁵	$1.2M⁶	$1.9M⁷	$1.0M⁸	$1.0M³	$900.4K³
Total assets	$1.9M⁴	$1.3M⁵	$1.2M⁶	$1.9M⁷	$4.2M⁸	$4.6M³	$2.8M³
Current liabilities	$1.1M⁴	$270.0K⁵	$324.4K⁶	$261.2K⁷	$1.9M⁸	$2.1M³	$2.2M³
Total liabilities				$261.2K⁷	$2.1M⁸	$2.7M³	$2.8M³
Shareholders’ equity	$1.0M⁶	$1.0M⁶	$879.6K⁷	$1.6M⁸	$2.1M⁸	$1.9M³	$1.6K³
Shares outstanding	51.2M shares¹²	52.0M shares⁴	53.5M shares⁵		81.9M shares⁸	92.2M shares³	171.4M shares³

Cash from operations⁴⁵⁶⁷⁸³-$43.0K in 2023

Capital spending⁷⁸³$39.1K in 2023+1651% since 2020

Free cash flow⁷⁸³-$82.1K in 2023−84% since 2020

Fiscal year	2017	2018	2019	2020	2021	2022	2023
Cash from operations	$180.5K⁴	-$561.5K⁵	-$102.8K⁶	-$525.8K⁷	-$958.0K⁸	-$199.0K³	-$43.0K³
Capital spending				$2.2K⁷	$357.8K⁸	$103.7K³	$39.1K³
Free cash flow				-$528.0K	-$1.3M	-$302.6K	-$82.1K

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Leadership

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

Chief executive

President

Chief financial officer

2010201520202025

Chief executive officerEllis Lamar Smith Feb 9, 2022 to Aug 29, 2023¹³
Chief executive officerTerry Lynn Buffalo Feb 13, 2018 to Feb 13, 2018¹⁴
Chief executive officerCorey James Ariel Hollister Oct 14, 2014 to Nov 8, 2016¹⁵
Chief executive officerThemistocles Psomiadis Mar 29, 2013 to Mar 29, 2013¹⁶
PresidentEllis Lamar Smith Nov 9, 2021 to Jan 20, 2022¹⁷
PresidentCorey James Ariel Hollister Oct 26, 2016 to Nov 8, 2016¹⁸
Chief financial officerMichael Schwanbeck Feb 26, 2019 to Feb 26, 2019¹⁹
Chief financial officerJesus Quintero Jan 13, 2017 to Jan 13, 2017²⁰

Board members and other officers (12)

Principal Executive OfficerTerry Lynn Buffalo Feb 6, 2019 to Feb 6, 2020²¹
Chief Operations OfficerTyler A. Schloesser Feb 19, 2019 to Aug 29, 2023²²
Chief Technology OfficerAnthony J. Baroud Oct 14, 2014 to Oct 14, 2014²³
Cheif Development OfficerEllis Lamar Smith Oct 14, 2014 to Jun 2, 2021²⁴
Board memberTerry Lynn Buffalo Feb 13, 2018 to Feb 9, 2022¹⁴
Board memberTad M. Mailander Sep 11, 2018 to Aug 29, 2023²⁵
Board memberAnthony J. Baroud Oct 14, 2014 to Oct 14, 2014²³
Board memberCorey James Ariel Hollister Oct 14, 2014 to Apr 24, 2017¹⁵
Board memberEllis Lamar Smith Oct 14, 2014 to Aug 29, 2023²⁴
Board memberThemistocles Psomiadis Mar 29, 2013 to Sep 2, 2014¹⁶
Board memberDouglas Leighton May 16, 2008 to Jul 23, 2014²⁶
Board memberMichael A. Novielli May 30, 2008 to Aug 14, 2014²⁷

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

Feb 9, 2022New chief executive Ellis Lamar Smith becomes CEO¹³
Feb 13, 2018New chief executive Terry Lynn Buffalo becomes CEO¹⁴
Oct 14, 2014New chief executive Corey James Ariel Hollister becomes CEO¹⁵
Mar 29, 2013New chief executive Themistocles Psomiadis becomes CEO¹⁶

Recent filings

May 11, 20268-K
May 11, 20268-K
Dec 29, 20258-K
Jun 18, 20258-K
Mar 14, 20258-K
Mar 5, 20258-K
Mar 4, 20258-K
Feb 11, 202510-Q
Nov 21, 20248-K/A
Nov 14, 2024NT 10-Q
Nov 8, 20248-K
Oct 9, 20248-K
Aug 14, 2024NT 10-Q
Jul 15, 202410-Q
May 15, 2024NT 10-Q

Every filing from the last three years, summarized. The full record is on SEC EDGAR.¹

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARAmerican Cannabis Company, Inc. filings on SEC EDGAR
2
SEC EDGARAmerican Cannabis Company, Inc. filings on SEC EDGAR
3
SEC EDGARAmerican Cannabis Company, Inc. 10-K for fiscal 2023
4
SEC EDGARAmerican Cannabis Company, Inc. 10-K for fiscal 2017
5
SEC EDGARAmerican Cannabis Company, Inc. 10-K for fiscal 2018
6
SEC EDGARAmerican Cannabis Company, Inc. 10-K for fiscal 2019
7
SEC EDGARAmerican Cannabis Company, Inc. 10-K for fiscal 2020
8
SEC EDGARAmerican Cannabis Company, Inc. 10-K for fiscal 2021
9
SEC EDGARAmerican Cannabis Company, Inc. 10-K for fiscal 2017
10
SEC EDGARAmerican Cannabis Company, Inc. 10-Q for fiscal 2024
11
SEC EDGARAmerican Cannabis Company, Inc. 10-Q for fiscal 2024
12
SEC EDGARAmerican Cannabis Company, Inc. 10-K for fiscal 2017
13
SEC EDGAREllis Lamar Smith, Chief executive officer
14
SEC EDGARTerry Lynn Buffalo, Chief executive officer
15
SEC EDGARCorey James Ariel Hollister, Chief executive officer
16
SEC EDGARThemistocles Psomiadis, Chief executive officer
17
SEC EDGAREllis Lamar Smith, President
18
SEC EDGARCorey James Ariel Hollister, President
19
SEC EDGARMichael Schwanbeck, Chief financial officer
20
SEC EDGARJesus Quintero, Chief financial officer
21
SEC EDGARTerry Lynn Buffalo, Principal Executive Officer
22
SEC EDGARTyler A. Schloesser, Chief Operations Officer
23
SEC EDGARAnthony J. Baroud, Chief Technology Officer
24
SEC EDGAREllis Lamar Smith, Cheif Development Officer
25
SEC EDGARTad M. Mailander, Board member
26
SEC EDGARDouglas Leighton, Board member
27
SEC EDGARMichael A. Novielli, Board member