{"schema_version":"secwatch.filing_event.v1","accession":"0001903596-24-000647","form_type":"8-K","ticker":null,"cik":"0000945617","company_name":"American Cannabis Company, Inc.","filed_at":"2024-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.453319+00:00","generated_at":"2026-05-30T03:11:30.026252+00:00","sec_items":["1.01","5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"AMMJ sells 302.9M shares for $310K; appoints new CEO/Chairman as part of restructuring","bullets":["Sells 302,900,458 common shares to TEC, LLC for $310,000 (~$0.001/share) to fund delinquent SEC filings and pay $135K+ to creditors.","Proceeds required to file Form 10-Q for June and Sept 2024, Form 10-K for 2024, and submit new 15c2-11 application.","At closing, Ellis Smith and Hollister & Blacksmith assume all company debts and indemnify company; Smith releases two promissory notes.","Company will transfer Colorado medical marijuana licenses to Smith and Hollister & Blacksmith, subject to regulatory approval.","Appointed Joseph Cleghorn as director, Chairman, CEO, and interim CFO effective Nov 11; he has 30+ years in real estate and marijuana industry."],"urls":{"canonical":"https://secwatch.observer/filing/0001903596-24-000647","json":"https://secwatch.observer/filing/0001903596-24-000647.json","markdown":"https://secwatch.observer/filing/0001903596-24-000647.md","text":"https://secwatch.observer/filing/0001903596-24-000647.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/945617/000190359624000647/0001903596-24-000647-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/945617/000190359624000647/ammj_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T03:11:30.026252+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ffe9103f60","claim":"Joseph Cleghorn was appointed as Chief Executive Officer at American Cannabis Company, Inc..","evidence_excerpt":"Effective November 11, 2024, the Registrant appointed Joseph Cleghorn, age 64, as a director of the Company, Chairman of the Board of Directors, Chief Executive Officer, and interim Chief Financial Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/945617/000190359624000647/0001903596-24-000647-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}