UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
| Washington, D.C. 20549 |
FORM
CURRENT REPORT
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 1.01 Entry into a Material Definitive Agreement
On June 13, 2025, the Board of Directors of American Cannabis Company, Inc. (the “Company”) approved entry into the following material definitive agreements:
1. Stock Purchase Agreement
The Company entered into a Stock Purchase Agreement with KTEC, LLC. Under the terms of the Stock Purchase Agreement, the Company will issue five hundred million (500,000,000) shares of common stock, par value of $.00001 per share. The proposed transaction aligns with the Company’s strategic goals. This transaction is subject to state and local Marijuana Enforcement Division (MED) approval.
2. Agreement
The Company entered into an agreement with Cannabis Depot Colorado Springs Inc. (Buyer) to transfer the licenses along with the assets of following medical marijuana licenses 402-00539; and 402-00053 issued by the State of Colorado and corresponding local licenses from the local licensing authority from the Company’s subsidiary, Hollister and Blacksmith Inc. This transaction is subject to state and local Marijuana Enforcement Division (MED) approval.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
Exhibit Index:
Exhibit Number Description
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: June 17, 2025
AMERICAN CANNABIS COMPANY, INC.
(Registrant)
By: /s/ Ellis Smith
Ellis Smith
Chief Executive Officer
Principal Executive Officer