8-K
filed March 14, 2025, 7:59 PM ET
CIK 0000945617
leadership
confidence high
sentiment neutral
materiality 0.35
American Cannabis appoints new interim officers and directors on March 10, 2025
American Cannabis Company, Inc.
- Joseph Cleghorn appointed Interim President; will become CEO once he meets Colorado Marijuana Enforcement Division beneficial owner requirements.
- Ellis Smith re-appointed as Interim CEO; remains until Cleghorn qualifies.
- Shanna Nance appointed secretary and interim CFO, term approximately six months.
- Todd Nichols (ex-VP Wesley Financial) and Mark Nichols (CEO Air Trust HVAC) join board as independent directors.
- Shanna Nance also appointed to board for duration of her temporary officer roles.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mark Nichols was appointed as Independent Director at American Cannabis Company, Inc..
- Action
- appointed
- Role
- Independent Director
Exact text from the filing
(2) Mark Nichols – independent director
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Shanna Nance was appointed as Director at American Cannabis Company, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
(3) Shanna Nance – director, to coincide with the duration of her temporary appointment as secretary and interim CFO
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ellis Smith was appointed as Interim CEO at American Cannabis Company, Inc..
- Action
- re-appointed
- Role
- Interim CEO
Exact text from the filing
(2) Ellis Smith – re-appointed as Interim CEO, as he meets the Colorado Marijuana Enforcement Division requirements, and is currently listed as “beneficial owner”, and will remain appointed until Mr. Cleghorn meets said requirements.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Todd Nichols was appointed as Independent Director at American Cannabis Company, Inc..
- Action
- appointed
- Role
- Independent Director
Exact text from the filing
(1) Todd Nichols – independent director
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Shanna Nance was appointed as Secretary and Interim CFO at American Cannabis Company, Inc..
- Action
- appointed
- Role
- Secretary and Interim CFO
Exact text from the filing
(3) Shanna Nance - secretary and interim CFO, to last approximately six months.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph Cleghorn was appointed as Interim President at American Cannabis Company, Inc..
- Action
- appointed
- Role
- Interim President
Exact text from the filing
(1) Joseph Cleghorn - Interim President until such time that Mr. Cleghorn meets the Colorado Marijuana Enforcement Division requirements to be a “beneficial owner”, once meeting such requirements, Mr. Cleghorn will become the CEO with board approval.
View on SEC.gov
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