AMERICAN CANNABIS CO. - Wkn: A12DK9 - Aktie
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AMENDED AND RESTATED INVESTMENT AGREEMENT
This INVESTMENT AGREEMENT (the “Agreement”), dated as of August 4, 2016 (the “Execution Date”), is entered into by and between American Cannabis Company, Inc. (the “Company”), a Delaware corporation, with its principal executive offices at 5690 Logan St. Unit A, Denver, CO 80216, and Tangiers Global, LLC (the “Investor”), a Wyoming limited liability company, with its principal executive offices at Caribe Plaza Office Building 6th Floor, Palmeras St. # 53, San Juan, PR 00901.
RECITALS:
WHEREAS, the parties desire to amend that certain Investment Agreement previously executed on June 23, 2016 and agree that, upon the terms and subject to the conditions contained herein, the Investor shall invest up to Five Million Dollars ($5,000,000) (the “Commitment Amount”) to purchase the Company’s common stock, par value of $.00001 per share (the “Common Stock”);
WHEREAS, such investments will be made in reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the “1933 Act”), Rule 506 of Regulation D promulgated by the SEC under the 1933 Act, and/or upon such other exemption from the registration requirements of the 1933 Act as may be available with respect to any or all of the investments in Common Stock to be made hereunder; and
WHEREAS, contemporaneously with the execution and delivery of this Agreement, the parties hereto are executing and delivering a Registration Rights Agreement substantially in the form attached hereto as Exhibit A (the “Registration Rights Agreement”) pursuant to which the Company has agreed to provide certain registration rights under the 1933 Act, and the rules and regulations promulgated thereunder, and applicable state securities laws.
NOW THEREFORE, in consideration of the foregoing recitals, which shall be considered an integral part of this Agreement, the covenants and agreements set forth hereafter, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company and the Investor hereby agree as follows:
SECTION I.
DEFINITIONS
For all purposes of and under this Agreement, the following terms shall have the respective meanings below, and such meanings shall be equally applicable to the singular and plural forms of such defined terms.
“1933 Act” shall have the meaning set forth in the recitals.
“1934 Act” shall mean the Securities Exchange Act of 1934, as amended, or any similar federal statute, and the rules and regulations of the SEC thereunder, all as the same will then be in effect.
“Affiliate” shall have the meaning set forth in Section 5.7.
“Agreement” shall have the meaning set forth in the preamble.
“Articles of Incorporation” shall have the meaning set forth in Section 4.3.
“By-laws” shall have the meaning set forth in Section 4.3.
“Certificate” shall have the meaning set forth in Section 2.5.
AMMJ is currently 52% of my portfolio
It has been and will continue to be completely unstoppable this week
Check out the wide footprint they have established in the MJ industry...
Cultivation
Production
Retail
Branding
Consulting
Licensing
They are the complete and total package and I strongly believe AMMJ will be the #1 pot stock this week as well as after the elections
http://investorshub.advfn.com/boards/...msg.aspx?message_id=126248465
Sollte doch eigentlich in die andere Richtung laufen .....
Bin etwas ratlos. Hatte eigentlich mit deutlich höheren Kursen gerechnet.
Also wer sich da beschwert, der ...........
Ein bißchen verschnaufen muß sein und wird weiteren Steigerungen zu Gute kommen.
Geduld junge Padavan`s
Möge die Macht mit Euch sein (und der Börsengott) :-)
Nun ist mein Schnitt zwar ein wenig höher, aber ich denke ich bereue es letztendlich nicht (und damit meine ich bis Jahresende).
Bei 3 USD werde ich nichts verkaufen. 1. Verkaufsposi habe ich mir ab 4,50 USD vorgemerkt.