USMJ Q3 2017 Earnings Report

Financial Performance Executive Summary

North American Cannabis Holdings’ (“USMJ”) fiscal year end is June 30th.  USMJ just released its third quarter financial report for the period ending March 31, 2017.  Management is pleased to report year-to-date sales for the three quarters ending March 31, 2017 of $530,000.  The revenue for the first three quarters of 2017 exceeds the total revenue of $515,000 reported for the entire year of 2016.  The 2017 year-to-date gross profit of $292,000 also exceeds the total gross profit of $276,000 for the entire year of 2016.  The revenue for the first three quarters of 2017 is up 40% over the revenue for the first three quarters of 2016. The 2017 third quarter revenue of $205,000 is up 41% over the 2016 third quarter revenue of $145,000.  The 2017 third quarter gross profit of $117,000 is up 53% over the 2016 third quarter gross profit of $41,000.  Notably, USMJ posted its first profit since entering the cannabis sector in 2013.  The profit of $7,000 is small, but nevertheless a substantial milestone lending credibility to the Company’s long-term viability.

The balance sheet also continues to improve with overall liabilities reduced by $1 million from $3.5 million at the end of the third quarter in 2016 to $2.5 million at the end of the third quarter in 2017.

Get – Paid – To - Learn

Management anticipates rapid organic revenue growth to continue.  The Company has practiced a get-paid-to-learn approach to introducing new cannabis sector products and services: 

“We identify new enterprise opportunities within the cannabis sector, and we act fast to implement them the best we can rather than loosing early mover market share by spending too much time on a research and planning exercise that probably far exceeds any prudent preparation requirement necessary to launch a pilot sized enterprise,” said USMJ CEO Steven Rash.  “If you idle a car in your driveway to warm it up so that it will perform with better efficiency when you drive, you’re getting zero miles to the gallon.  You maximize inefficiency in the name of efficiency.  Its smarter to take it easy on your car while it warms up, but to go ahead and get some miles down the road.  USMJ has jumped into a number of cannabis enterprises and offset the investment required to enter those enterprises by actually selling products and services.  Here at USMJ, we’ve seen this get-paid-to-learn approach working.  Now, with our revenues growing and posting our first small profit, we have something to point to that shows the market our get-paid-to-learn approach is working.”

American Cannabis Innovations Conglomerated

The Company recently announced the pending roll-up of USMJ into a private holding company called American Cannabis Innovations Conglomerated (“ACI”).  While the majority control of USMJ will be held by ACI, USMJ common stock will continue to be listed and trade on the OTC Markets.  The transaction between USMJ and ACI does not change USMJ shareholders ability to buy and sell stock.  Furthermore, there is no plan to reverse split the stock of USMJ as part of the ACI transaction.  On the contrary, management believes the ACI transaction can improve the quality of investment capital and the overall operating efficiency of the Company and in so doing actually enhance the value of USMJ common stock.

The ACI acquisition of the majority interest in USMJ is designed to improve the quality of investment capital available to USMJ to fund growth through product and service expansion.

American Seed & Oil Company

American Seed & Oil Company was the first operating subsidiary under USMJ to enter the cannabis sector.  American Seed & Oil Company was a pure cannabis enterprise incubator.  Through contracts, joint ventures, acquisitions and even organic start-ups, American Seed & Oil piloted a number of cannabis enterprises.  The cannabis extraction business now under Puration, Inc. (USOTC: PURA) started under American Seed & Oil.  Once USMJ committed to developing and growing the AmeriCanna Cafe restaurant business, American Seed & Oil did not go away, but it took a back seat.

ACI recognizes the extraordinary upside potential of getting behind promising start-ups and the risk that goes along with start-ups.  Accordingly, ACI is taking a portfolio approach to investing in start-ups to balance that upside with the corresponding risk through diversification.

Part of the portfolio approach will inevitably involve periodically exiting some enterprises that don’t establish sustainable traction.  The flip side of that means that new enterprises need to be coming into the portfolio in order to replace those that don’t make it.  American Seed & Oil Company’s incubator business model will be the platform for feeding in new enterprise opportunities.

American Seed & Oil Company is going to get a 21st century incubator update.  The Company will launch a social media platform for cannabis entrepreneurs at large to promote their businesses.  Interested investors can browse the site and engage with entrepreneurs.  ACI will itself look for promising cannabis enterprises on the site and periodically pursue bringing particularly promising enterprises into its fold.

AmeriCanna Cafe

The AmeriCanna Cafe is the crown jewel of USMJ – for the moment.  With the coming ACI transaction, USMJ has even more in the works.  In the meantime, the AmeriCanna Cafe is knocking down doors and taking names having been central to USMJ’s overall 40% revenue growth, and 53% gross margin growth, not to mention delivering the Company’s first quarterly profit.  USMJ has started selling partnership options to open the first 20 AmeriCanna Cafe restaurants and expects the opening of multiple restaurants to increase the Company’s overall growth rate, in turn, increasing the pace that much closer to the published $2 million annual revenue goal.

Pushing the growth rate even further, USMJ will imminently beggin introducing cannabis infused beverages under the AmeriCanna Cafe brand name.  The beverages will be available both from the AmeriCanna Cafes themselves, in addition to be distributed outside the AmeriCanna Cafes.  The first beverage to be introduced will be AmeriCann Cafe CBD Infused Water, followed by the introduction of three AmeriCanna Cafe CBD Infused Flavored Waters.  Other cannabis infused beverages will follow.

All of us here at USMJ are very happy with the Company’s progress todate.  There are not many upstart cannabis sector companies with revenue, let alone with a profit.  We think our results speak for themselves.  We are more confident than ever before about the future of USMJ.

North American Cannabis Holdings Highlights Share Price Enhancement Potential

Dallas, Tx – May 8, 2017 – North American Cannabis Holdings, Inc. (USOTC: USMJ) today released a letter to shareholders from CEO Steven Rash to highlight the anticipated share price enhancement potential from the pending acquisition of a controlling interest in USMJ by American Cannabis Innovations Conglomerated (“ACI”) announced last week.

Dear Shareholders –

After months of planning, last week the soon anticipated transaction with American Cannabis Conglomerated (“ACI”) was announced.  By the end of this month, we expect for ACI to acquire the controlling interest in USMJ. 

ACI is a private equity backed rollup founded to combine a variety of leading young cannabis companies with complimentary offerings and synergistic operations.  As one of the first two companies to be acquired into the rollup, USMJ management will play a key roll in ACI. 

USMJ Share Price Enhancement Potential

The goal of the ACI is to improve the market capitalization value of otherwise undervalued cannabis sector companies by 1) improving operating efficiencies made possible through the combination of multiple operations under one roof and 2) improving the terms on growth capital resources with investment that does not come with excessive downward pressure on share prices.

No Reverse Split and No New Common Shares To Be Issued

Since the announcement last week, the Company has received a number of calls and emails from shareholders concerned about various possible impacts to their current share positions.  One shareholder was worried that their shares would no longer be traded public.  USMJ common shares will remain publicly traded on the OTC Markets.  A reverse split of the common stock is NOT a required term of the ACI transaction.  ACI is acquiring a control block of preferred shares that do not trade publicly.  No new common shares are being issued as part of the ACI transaction.  We sincerely anticipate the ACI acquisition of USMJ control to enhance the value of USMJ common stock.

Stay tuned for a number of exciting updates corresponding to the ACI transaction to be forthcoming in the next few weeks.

Steven Rash

CEO

North American Cannabis Holdings

Learn More About USMJ:                   growusmj.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.

North American Cannabis Holdings Contact:

Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com

 

 

American Cannabis Innovations Conglomerated To Acquire North American Cannabis Holdings And Puration

Dallas, Tx – May 4, 2017 – American Cannabis Innovations Conglomerated (“ACI”) has entered into a Letter of Intent to acquire the controlling interest in both North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA).  ACI is a private equity backed rollup founded to combine a variety of leading young cannabis companies with complimentary offerings and synergistic operations all under one roof.   USMJ and PURA are the first of five acquisitions in the cannabis sector ACI plans to announce within the next 30 days.  ACI is seeking to acquire early stage, undervalued businesses with intellectual properties validated by market tests, if not initial commercial or consumer sales.  ACI expects to improve the operating efficiency of acquired assets by streaming redundant functions and leveraging complimentary functions.  ACI expects the potential for market capitalizations of acquired companies to improve by transitioning the acquired companies toward better investment structures, with better terms, that are altogether better suited to their current and more mature stage of development.  Existing USMJ and PURA management are expected to be included in the ACI management team.  ACI, USMJ and PURA plan to finalize the acquisition of USMJ and PURA into ACI by the end of May. 

“The opportunity for USMJ with ACI is huge,” said Steven Rash, CEO of North American Cannabis Holdings.  “ACI brings the type of quality backing that can rapidly accelerate USMJ’s growth.”

“Puration has had tremendous success with its recent EVERx launch and is ready to launch a dozen additional products under the EVERx brand,” said Brian Shibley, CEO of Puration.  “ACI is the answer to the product production costs required to launch the additional products.  Watch out, here we come.”

Learn More About USMJ:                   growusmj.com

Learn More About PURA:                   purationinc.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.

Puration Contact:

Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097

North American Cannabis Holdings Contact:

Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com

 

North American Cannabis Holdings and Puration Set To Be Named In Major Announcement Tomorrow Morning May 4, 2017

Dallas, Tx – May 3, 2017 – North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA) are set to be named in a major announcement tomorrow scheduled for release at 11 AM EST.

“The announcement tomorrow has been in the works for some time,” said Steven Rash, CEO of North American Cannabis Holdings. “Going forward USMJ will solidify its leadership position within the growing legal cannabis sector.”

“Puration’s success with EVERx, ML Capital Group and Spanish Peaks has served as a catalyst to moving forward what will be announced tomorrow,” added Brian Shibley, CEO of Puration. “After tomorrow, you can expect a groundswell of new product production, contracts and merger and acquisition transactions.“

USMJ began development within the emerging legal cannabis sector in 2013.  The Company has amassed substantial market experience and develop a number of cannabis industry operating assets.  Nearly two years ago, the concept company reported its first revenue and today the company is on the verge of reporting its first profits.  USMJ spun off one of its cannabis operating assets, a cannabis extraction business, into PURA and now PURA has reported its first revenues.  Tomorrow’s announcement will be the introductory paragraph in a new exciting chapter of the two companies ongoing growth within the emerging legal cannabis sector.

Learn More About USMJ:                   growusmj.com

Learn More About PURA:                   purationinc.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.

Puration Contact:

Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097

North American Cannabis Holdings Contact:

Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com

 

 

North American Cannabis Holdings Sales Continue To Grow

Dallas, Tx – May 2, 2017 – North American Cannabis Holdings, Inc. (USOTC: USMJ) today announced that the pilot sales of new sports and fitness nutritional supplements that resulted in the Company’s reported 40% revenue growth and 53% gross margin growth in Q2 continued into Q3 are expected to remain consistent in Q4.  Management anticipates the upcoming Q3 financial report to reflect the continued pilot product sales. 

“Last year, the Company introduced the pilot sales of some new sports and fitness nutritional supplements as part of our ongoing strategy to develop the AmeriCanna Cafe and a line of AmeriCanna Cafe cannabis infused products,” said Steven Rash, CEO of North American Cannabis Holdings.  “As the word ‘pilot’ suggests, the sales of the nutritional supplements was a test.  The test went better than anticipated and substantially boosted our overall sales revenue in our fiscal Q2.  We are fortunate to have hit a new product line right out of the gate and not otherwise had to endure cycling through trial and error to get it right.  At this point, we expect the increased sales to continue and we are now working to expand the sales program.”

Learn More About USMJ:                   growusmj.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.

North American Cannabis Holdings Contact:

Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com

USMJ Announces AmeriCanna Cafe Partnership Options On Sale At 420 Event In Texas

Dallas, Texas – April 20, 2017 – North American Cannabis Holdings, Inc. (USOTC: USMJ), commonly known as “USMJ,” today announced the Company will be signing up partners at a 420 event this weekend to open the first 20 AmeriCanna Cafe restaurants.  The AmeriCanna Cafe storefront will be on display at the Southwest Cannabis Conference and Expo in Fort Worth, Texas this weekend, April 22-23.  Attendees will be able to purchase a one year exclusive option specific to their first come first serve choice of geographic location.  Pricing will vary based on geography.  A financing partner will be on hand to offer financing solutions for the purchase of options to eligible buyers.  Come by the display at the Expo this weekend or contact the Company to learn more.

Phone: +1-972-528-0162
Email: info@growusmj.com

Web: growusmj.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.

North American Cannabis Holdings Contact:
Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com

 

USMJ and Puration Majority Shareholder And Veteran CIA Operations Officer Edward Bollen To Speak On Opioid Epidemic At Southwest Cannabis Conference

North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA) today announced that majority shareholder and veteran Central Intelligence Agency (CIA) Operations Officer Edward Bollen will speak at the upcoming Southwest Cannabis Conference and Expo in Fort Worth, Texas April 22-23 on the subject of America’s current opioid epidemic.  Deaths from opioid overdoes are at an all time high with 165,000 people dying form prescription opioid overdoes alone since 1999. Cannabis provides a safe alternative to many of the ailments treated with prescription opioids. 

Mr. Bollen will participate in a panel discussion on the opioid epidemic bringing his 33 years of U.S. Government service experience in multiple National Security fields.  Mr. Bollen has extensive experience in military special operations, law enforcement investigations and covert action.  He has traveled to, worked in or lived in over 70 different countries throughout his career.  His career started in the U.S. Marine Corps where his service included a 3-year tour of duty as a military aid to the White House.  Mr. Bollen transitioned from the Marines to begin a 26 year career with the Central Intelligence Agency (CIA) as an Intelligence Operations Officer where he held several senior management positions both domestic and abroad. He has served in Africa, the Middle East, Central Eurasia, Asia, and South America.

In addition to his founding role at USMJ, Mr. Bollen works today as a threat assessment consultant, corporate security advisor and security team leader for industrial physical and personal requirements.  Mr. Bollen recently worked as a consultant on the History Channel series “Selection: Special Operations Experiment” which provided some unclassified insight into how the America’s elite commands select candidates for service in Special Forces units.

“I’m proud of the work USMJ has accomplished in the evolving legal cannabis sector,” said Mr. Bollen, majority shareholder and co-founder.  “The company has experimented and trialed a number of different enterprises across this diverse and ever changing landscape.  One can’t be an entrepreneur in this market sector without also being a socially responsible advocate for the real benefits cannabis has to bring to the communality and economy.  I believe you will find here at USMJ that we are committed to doing our part, and we invite all to come see for themselves at the Southwest Cannabis Conference and Expo in Fort Worth next week.”

USMJ is presenting its fast casual concept restaurant, the AmeriCanna Cafe, at the Southwest Cannabis Conference and Expo and featuring its sports and fitness nutritional supplement product line, EVERx with licensed products produced by Puration to include EVERx CBD Infused Bottled Sports Water, EVERx Alkaline Bottled Sports Water, and EVERx CBD Infused Gummies for Post Workout Recovery.

Puration recently announced that NCM Biotech has licensed to PURA the right to utilize NCM Biotech’s patented cannabis extraction process to produce cannabis extracts for infusion into recreational, fitness wellness, alternative medicine and beauty products.  NCM Biotech exclusively owns U.S. Patent No. 9,199,960 entitled “METHOD AND APPARATUS FOR PROCESSING HERBACEOUS PLANT MATERIALS INCLUDING THE CANNABIS PLANT.”   The license of the process to PURA is the first and only license NCM Biotech has executed.  NCM and its founder Frederick Ferri will also be at the Southwest Cannabis Conference and Expo.

Learn More About USMJ:                   growusmj.com

Learn More About PURA:                   purationinc.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.

Puration Contact:

Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097

North American Cannabis Holdings Contact:

Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com

Alternet Systems Cannabis Point Of Sale System To Process USMJ AmeriCanna Cafe Product Sales At Southwest Cannabis Conference And Expo April 22-23

Dallas, TX - April 4, 2017 – North American Cannabis Holdings, Inc. (USOTC: USMJ), commonly known as “USMJ,” and Alternet Systems, Inc. (USOTC: ALYI) today announced that Alternet Systems retail point of sale system designed specifically for the cannabis sector, will be on display and processing orders for USMJ’s AmeriCanna Cafe display at the upcoming Southwest Cannabis Conference and Expo In Fort Worth, Texas April 22-23. 

Coming Dividend Distribution Of ALYI Stock To USMJ Shareholders

At the end of 2016, USMJ and ALYI entered into a share exchange agreement orchestrated around capitalizing ALYI to launch a retail payment system specifically designed for the cannabis industry.  The exchange included a reservation of ALYI common stock to be issued to USMJ shareholders in a dividend distribution.  The dividend distribution of ALYI common stock will be the second dividend distribution to USMJ shareholders.  Last fall, USMJ issued common stock in Purtion, Inc. (USOTC: PURA) to USMJ shareholders in an earlier dividend distribution.

USMJ recently announced the official launch of its AmeriCanna Cafe to take place at the Southwest Cannabis Conference and Expo.  USMJ will display a sample AmeriCanna Cafe store front at the EXPO to include the ALYI retail payment system.  The purpose of the AmeriCanna Cafe conference participation is to solicit and develop partnerships to open multiple AmeriCanna Cafe restaurant operations.  The AmeriCanna Cafe will be serving CBD infused smoothies to EXPO attendees. 

Learn More About USMJ:                   growusmj.com

Learn More About PURA:                   purationinc.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.

North American Cannabis Holdings Contact:

Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com

Sales Up 50%; 2 More Dividends; Trump Actually Supports Cannabis And The Best Is Yet To Come

UFC #3 Ranked Women's Bantam Weight EVERx Spokesperson Juliana Pena

UFC #3 Ranked Women's Bantam Weight EVERx Spokesperson Juliana Pena

North American Cannabis Holdings (USMJ) and Puration (PURA) have started 2017 at a gangbuster rate, and we anticipate the pace to pickup from here.  We have initiated a transaction with Aternet Systems, Inc. (USOTC: ALYI) to launch a cannabis retail payment system, and another transaction involving Spanish Peaks ScrumpDelicacies and ML Capital Group (USOTC: MLCG) to enhance our cannabis infused edibles business with a luxury cannabis tour offering starting in Colorado and expanding into other regions.  The cannabis tour service will be similar to wine enthusiasts tours through Napa Valley and Tuscany.  We have launched the EVERx Cannabis Infused Sports and Fitness Nutritional Supplement Brand with a tremendously successful event at the Arnold Sports Festival, and we have seen our quarterly revenue numbers jump by nearly fifty percent.  Our humble beginnings back in 2013 initiated by four US Military Veterans inspired by the use of cannabinol (CBD) to ease the symptoms of a seizure disordered suffered by one of the Veterans’ daughters have now matured into a promising operation with blockbuster potential.

USMJ Is About To Do To Cannabis What NETFLIX Did To Cable And UBER Did To Taxis

NETFLIX TV.jpg

USMJ is preparing to transform organizationally extending its lead in the cannabis sector even further ahead of the field of cannabis sector companies vying for investor attention.  No, that is not code for an impending reverse split.  A reverse split is not part of our plan to transform.  USMJ has honed and continues to improve upon a business model where it pilots a variety of cannabis enterprises and then rewards it investors by issuing stock in spinoffs of successful pilots ready to standalone.  The planned organizational transformation will be initiated by a strategic acquisition bringing new key talent and assets into USMJ, and in so doing, taking USMJ’s pilot and spinoff business model to a whole new level.  Nothing like USMJ’s pilot and spinoff business model exits in the cannabis sector, and what USMJ is about to introduce with this coming transformation will change the cannabis sector the way NETFLIX changed cable television and UBER changed taxi and limo service.

The Transformation Begins 4/20 2017

The annual cannabis industry 420 celebration is only a month away.  Watch out next week when USMJ and PURA announce a coming trade show exhibit in conjunction with this year’s 420 celebration as the first small part of the two Companies’ plan to introduce the industry changing transformation.  USMJ and PURA will be joined at the 420 trade show by the target acquisition that will catalyze USMJ’s transformation.  The trade show will also include the official launch of the AmeriCanna Cafe.  After acquiring the flagship City Blends Smoothie Cafe in located in Dallas in the summer of 2015 in order to develop a fast casual cannabis concept restaurant, USMJ will demo the AmeriCanna Cafe at the 420 conference to begin marketing license, franchise and partnership opportunities to restaurant investors. 

Nothing Proves Out A Pilot Opportunity Like Revenue

USMJ has published a business plan forecast for $2 million in revenue expected to result from the ongoing expansion of its existing pilot operations with the bulk of the revenue coming from its AmeriCanna Cafe pilot and live launch.  PURA has published a $3 million business plan revenue forecast based on the infusion of its proprietary cannabis extracts into foods and beverages.  Management of both Companies is enthusiastic about progress so far this year and confidently maintaining the previously published forecasts.

ALYI Is On Its Way And Spanish Peaks Has A Surprise

The dividend issue of PURA stock to USMJ shareholders was a long process, but one rich with experience that will be evident in the future issuance of dividends.  Management anticipates a more deliberate execution of the dividend issuance of ALYI stock to USMJ shareholder and of Spanish Peaks stock to PURA shareholders.  MLCG shareholders will also benefit from USMJ and PURA’s dividend experience in regard to the issuance of Spanish Peaks stock to MLCG shareholders.  While Spanish Peaks is currently a private company – spoiler alert – a Spanish Peaks reverse merger with an existing public company is in the works.  PURA and MLCG shareholders can anticipate receiving Spanish Peaks public stock in conjunction with the PURA MLCG Spanish Peaks transaction.  Stay tuned for future announcements to learn more.

Don’t Listen To The News – The White House Supports Cannabis

President Trump is a populist president and “populist” is not necessarily a dirty word. Meriam-Webster defines populist as “a member of a political party claiming to represent the common people.”  Now “populist” might be a dirty word if the actions of a politician only “claim” to represent the common people while the true intent is something else.  Populist politics is sometimes compared to parenting.  Parents shouldn’t always give children what they want.  Except voters aren’t children.  Please keep in mind, nothing here is intended to support or attack the Trump Presidency.  Our interest is very specifically in the eventual Federal legalization of cannabis, and in the meantime, a continued federal laissez fair policy toward states’ legalization of cannabis.  Our intent here is to cut through barrage of opinionated, riot inspiring news to take a sober look at the reality of the cannabis situation when it comes to what the Federal Government may or may not do in regard to the enforcement of federal cannabis laws. From our vantage point, we believe the media reaction to Press Secretary Sean Spicer’s comments and Jeff Sessions stick in the mud personal opinion about cannabis is much ado about nothing.

It’s difficult to argue that  President Trump is at least acting as a “populist” politician.  We’ll leave it to you to judge his true populist intent.  We believe giving voters what they want is a good thing and we hope that’s what President Trump is really up to. We won’t argue against characterizing President Trump as offensive.  President Trump seems to have a gift when it comes to offensiveness.  Many of us have a crotchety old relative, probably about President Trump’s age, that manages to insult everyone at the Thanksgiving table, but he’s family and everyone still loves him. 

So Press Secretary Spicer makes some disturbing comments about the Federal Government enforcing federal marijuana laws in spite of local state marijuana legalization.  However, a few days later, Attorney General Jeff Sessions issued a statement to counter balance Press Secretary Spicer’s earlier comments.  Attorney General Sessions talked about “responsible laws,” and acknowledging states’ rights to “pass the laws they choose.”  An optimistic interpretation of the disturbing statements followed by a balancing counter-statement might be that the Trump Administration is attempting to find a “populist” balance. While giving voters what they want might be a lofty idea, not all voters want the same thing. In fact, voters can often be at odds as to what they want.  Every issue in America can’t logistically be taken to a popular vote.  It might be sheer genius to test the waters on issues by suggesting an extreme policy; afterwards assessing the reaction to the extreme policy suggestion, and ultimately backing off from the extreme suggestion to simply implement a practical policy that the majority of voters can all tolerate.  Press Secretary Spicer just might be the White House sonar pinging for mines so the White House can steer clear and maneuver through populist waters.

Remember the transitive property from high school math?  If A=B. and B=C, then A=C.  Ok, so it appears that an anti-marijuana sentiment exists amongst those voters that put Trump in the White House.  President Trump, crotchety old relative charisma aside, might deserve some credit for trying to acknowledge the sentiments of those that elected him.  However, clearly the majority of Americans are pro marijuana legalization.  If President Trump is a true populist trying to give voters what they want (not just the voters that voted for him), and if the majority voters want legal marijuana, then A=C and President Trump’s Administration will not only support states marijuana laws, but eventual federal marijuana legalization overall.

Some may think President Trump is not a genuine populist and that he is only laying claim to a populist agenda in order to advance some nefarious counter agenda.  If that’s the case, let’s have faith that the American people will do what they do and rise to the occasion in the face of such treachery. Either way, if he’s a really a populist, legal cannabis is safe.  If he’s poser with a nefarious agenda, the American people will do what they do and cannabis is still safe.

Show your support for legal cannabis and buy your favorite cannabis stock today.  Might we suggest USMJ and PURA.

If you’re new to USMJ and PURA and not familiar with some of the past transactions mentioned here or some of the pending transactions, we encourage you to look around this website and take a look at the following websites as well:

Growusmj.com

Puarationinc.com

Buymlcg.com

DrinkEverx.com

Thank you

Management

North American Cannabis Holdings, Inc. and Puration, Inc.  

Corporations Backing The Legalization Of Cannabis For Wellness Present Texas Teen With Commendation For Leadership And Bravery

Updated March 1, 2017 - Scroll To End To See Jaren's Commendation

Dallas, TX – March 1, 2017 - North American Cannabis Holdings, Inc. (USOTC: USMJ) in conjunction with Puration, Inc. (USOTC: PURA), ML Capital Group, Inc. (USOTC: MLCG), City Blends Smoothie Cafe, and Nature Comfort Meds today announced the presentation of a Commendation for Leadership and Bravery to Jaren Suber in recognition of his dauntless six year battle against a rare pediatric brain cancer and his recent decision to lead the way for cancer patients everywhere by exploring the potential of cannabinol (CBD) treatment.  The award was presented yesterday at USMJ’s prototype AmeriCanna Cafe in the Dallas Metroplex.

In conjunction with the commendation, Jaren, accompanied by his mother and father, will realize his lifelong dream of visiting the Hawaiian Islands.  The trip is made possible by MLCG and its subsidiary, Platinum Tours of Maui.  The Subers will embark on a luxury, one-week adventure, including airfare, 5-star accommodation and a “dream tour” across the island of Maui, created specifically for Jaren, culminating in a private helicopter excursion like no other.

Upon their return form Maui, Jaren is invited to visit a CBD cancer treatment trial for evaluation as a candidate for treatment.  The ongoing trial is being conducted by PURA’s joint venture partner, Natures Comfort Meds.

Jaren was diagnosed six years ago with Pineoblastoma, a rare pediatric brain cancer.  After years of battling his cancer with conventional treatments, Jaren recently decided to pursue cannabinol (CBD) treatment after receiving news in January this year that his cancer was progressing.  CBD comes from the cannabis plant.  It is a non-hallucinogenic cannabinoid that has been shown to have a number of medicinal benefits from treating arthritis to reducing cancer cells.

Jaren’s mother, Karen Suber recently came into USMJ’s prototype AmeriCanna Cafe located in the Dallas metroplex asking for CBD.  Karen shared Jaren’s story with Troy Suddarth when she visited the store.  USMJ purchased the City Blends Cafe licensed shop form Mr. Suddarth and he continues to work with USMJ running the store and helping to develop the AmeriCanna Cafe concept.  Troy was moved by Jaren’s story and jumped into action to rally USMJ resources and partnerships to do whatever could be done for Jaren.

 

Texas Teen With Rare Pediatric Brain Cancer Wants To Try CBD Treatment

February 25, 2017

Karen Suber recently came into North American Cannabis Holding’s (“USMJ”) prototype AmeriCanna Cafe located in the Dallas metroplex asking for cannabinol known commonly as “CBD.”  CBD comes from the cannabis plant.  It is a non-hallucinogenic cannabinoid that has been shown to have a number of medicinal benefits from treating arthritis to reducing cancer cells.   

Karen had read about USMJ’s work with Puration (“PURA”) to introduce a variety of cannabis infused consumer foods and beverages.  She was looking for something that might help her son, Jaren Suber, diagnosed six years earlier with Pineoblastoma, a rare pediatric brain cancer.  The Suber family received news in January this year, the Jaren’s cancer was progressing.

USMJ purchased a City Blends Smoothie Cafe licensed store in the Dallas Metroplex in 2015 as the foundation of a plan to build the AmeriCanna Cafe concept restaurant.  The purchased City Blends Smoothie Cafe is where Karen came to find CBD.  Her timing could be fortuitous. 

Texas is required to issue three medical cannabis licenses by September 1, 2017 under the Compassionate Use Act passed into law by Governor Gregg Abbot in 2015.  At the same time USMJ and PURA have collaborated to introduce their first CBD Infused product.  EVERx CBD Infused Bottled Water will be officially launched Friday, March 3, 2017 at Arnold Schwarzenegger’s Annual Arnold Sports Festival in Columbus, Ohio.

Karen shared Jaren’s story with Troy Suddarth when she visited the store.  USMJ purchased the City Blends Cafe shop form Mr. Suddarth and he continues to continues to work with USMJ running the store and helping to develop the AmeriCanna Cafe concept.   She told Troy about Jaren’s adventure at the White House visiting President Obama thanks to the Make-A-Wish-Foundation.  She shared how brave Jaren has been and how Jaren no longer wants to pursue chemotherapy, but is set on trying CBD.  She also mentioned Jaren’s dream of traveling to Hawaii.  She sent a link to Jaren’s GoFundMe account to raise funds for a trip to Hawaii.

Troy was moved by Jaren’s story and jumped into action to rally USMJ and PURA’s combined resources to do whatever could be done for Jaren.  PURA had recently entered into a business deal with ML Capital Group (“MLCG”), a company that happens to run luxury tours in Hawaii, and now in partnership with PURA, is introducing cannabis luxury tours.  Separately, PURA has a joint venture agreement with a not-for-profit organization called Natures Comfort Meds (“NCM”).  NCM has a patented process for extracting cannabinoids form cannabis.  NCM’s extracts are being used in trial treatments of various conditions and diseases to include the treatment of cancer.

On Tuesday, February 28th, 2017, at USMJ’s prototype AmeriCanna Cafe store in the Dallas Metroplex, Troy Suddarth, on behalf of USMJ, PURA, NCM and MLCG, will present Jaren and his family with a travel package to visit the Island of Maui in Hawaii.  He and his mom and dad will fly on Delta Airlines and Stay at the Grand Wailea Resort.  They will be transported by MLCG’s Platinum Tours and be invited on several excursions around the Island.  Upon their return, they will be invited to visit one of NCM’s treatment trials for evaluation as a candidate for CBD treatment.

Jaren Suber

First Recipient

Advocates for Cannabis Legalization for Wellness

Commendation for Leadership & Bravery

Jaren, as long term advocates for the legalization of cannabis for wellness, it is our great privilege to know you.  We are grateful to your mom for introducing us to you.  Having met your mom, we recognize your leadership and bravery in the face of great adversity did not come by accident, but through tremendous parenting and love.

Jaren, none of us can imagine the scary circumstances you have faced and met with great dignity, humility and unbelievable bravery.  Your unbreakable determination and endurance through the toughest of trials while still maintaining a joyful disposition is an example and inspiration to young and old alike.  Everyone that meets you is inspired to reevaluate and reprioritize their own circumstances emulating your brave example.

We are honored by your request to trial the use of Cannabinol (CBD) in your fight to defeat cancer.  Your journey into CBD treatment in these early days of cannabis legalization within the United States will no doubt be a notable benchmark for the reeducation of America in the multitude of benefits that can come from cannabis.  On behalf of all advocates for cannabis legalization everywhere, we all thank you and admire you for your bravery and leadership.

In recognition of your leadership and bravery, we award you the first ever commendation for leadership and bravery.  Through the sponsorship of North American Cannabis Holdings, Puration, ML Capital Group, City Blends Smoothie Café and Natures Comfort Meds we are pleased to award you with a well-deserved trip to Maui, Hawaii for both you and your parents.  Your trip includes roundtrip air transportation on Delta Airlines and a week stay at the Grand Wailea, a Hilton Waldorf property.  You will also be invited, on us, to enjoy a variety of tours around the Island, maybe the most exciting of which will be a helicopter tour of Maui.  Upon your return, you are invited to visit Natures Comfort Meds’ CBD Cancer Treatment trials for evaluation as a candidate for treatment.

With Great Thanks and Inexpressible Admiration,

Troy Suddarth

On Behalf of All Advocates for Cannabis Legalization for Wellness

This is a press release from North American Cannabis Holdings, Inc. (USOTC: USMJ) in conjunction with Puration, Inc. (USOTC: PURA), ML Capital Group, Inc. (USOTC: MLCG) and Nature Comfort Meds.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

USMJ Contact: 
Steven Rash
Phone: +1-972-528-0162

Puration and USMJ Partner With City Blends And Last Round Nutrition To Announce UFC Julianna Peña As EVERx Spokesperson At Arnold Sports Festival

Dallas, TX – February 21, 2017 – Puration, Inc. (USOTC: PURA) and USMJ (USOTC: USMJ) in partnership with City BlendsTM and Last Round Nutrition today announced that UFC MMA fighter Julianna Peña, “The Vixen of Venezuela,” will attend the Arnold Sports Festival next week as the event spokesperson for the official launch of the EVERx Sports Nutrition Brand.

Julianna Peña is the number 3 ranked UFC MMA women’s bantamweight fighter and a title contender.  Her record to date is 8 wins and 3 losses. 

EVERx is a new sports, fitness and wellness nutritional supplement brand specializing in products infused with cannabidiol  (CBD).  The EVERx brand was created by, and is owned by USMJ. PURA licensed from USMJ the rights to develop and market a CBD infused water.  PURA has a proprietary cannabinoid extraction process based on a US Patent.  EVERx CBD Infused Water is the first EVERx brand commercial launch.

PURA and USMJ have scheduled the official launch of the EVERx Sports Nutrition Brand to be held at Arnold Schwarzenegger’s Annual Arnold Sports Festival (formerly the Arnold Classic) in Columbus, Ohio starting March 2nd, 2017 and continuing through March 3rd.  The Arnold will host to over 70 sporting events with 18,000 athletes and include an Expo with over 1,000 booths. 

EVERx CBD Infused Bottled Water can be found at the Arnold in the City BlendsTM VIP Suite.  In addition to serving EVERx CBD Infused Water, City BlendsTM Smoothies blended with EVERx CBD Infused Water will also be available.

Last Round Nutrition is a trusted resource for athletes looking for the best sports nutrition products.  Last Round Nutrition has endorsed EVERx and will be on hand at The Arnold with Julianna Peña to introduce the EVERx Brand.

EVERx CBD Infused Water Proprietary Technology

PURA has partnered with Alkame Holdings, Inc. (USOTC: ALKM) to combine PURA’s proprietary cannabis extract process with the ALKM’s patented technology that alters the structure of water, producing a combination of characteristics that are unprecedented in the beverage industry.  The ALKM technology breaks down the hydrogen bonds, reducing water's cluster size, providing a more efficient delivery system for the CBD. Separate from the infused CBD, the ALKM technology includes an optimal alkaline pH level formulated with antioxidants and electrolytes for effective hydration.

To learn more about the EVERx CBD Infused Water product launch at the Arnold Sports Festival, follow the link below:

EVERx CBD INFUSED WATER LAUNCH AT THE ARNOLD SPORTS FESTIVAL

To learn more about North American Cannabis Holdings:     growusmj.com. 
Follow the Company on Twitter:                                             US_HEMP

To learn more about Puration:                                                purationinc.com
Follow Puration on Twitter:                                                     Puration710
Visit Puration on Facebook:                                                    Facebook.com/puration/

To learn more about Alamke Holdings, Inc.:                          alkameholdingsinc.com 

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.

North American Cannabis Holdings Contact:

Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com

Puration Contact:

Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097

North American Cannabis Holdings and Alternet Systems Enter Cannabis Retail Payment System Sector Anticipated To Ring $50 Billion In Sales By 2026

Dallas, TX – December 20, 2016 – North American Cannabis Systems, Inc. (USMJ) today announced executing an agreement with Alternet Systems, Inc. (ALYI) whereby the two Companies will combine resources and efforts to commercialize and launch a retail payment system for the cannabis sector.  Forbes anticipates legal cannabis sales to ring nearly $7 billion in sales in 2016.  A recent report from Bloomberg indicates legal cannabis annual sales will reach $50 billion in the next ten years.

ALYI Provides Payment System Services; USMJ Shareholders Receive ALYI Stock

North American Cannabis Holdings and Alternet Systems have been working together on a retail payment system for the cannabis sector since the beginning of this year.  In the agreement announced today, all efforts and resources going forward will be consolidated under Alternet Systems and the cannabis retail payment system will be a service provided by Alternet Systems.  In exchange, North American Cannabis Holdings receives Alternet controlling preferred stock.  A portion of the Alternet preferred stock has been designated for a future conversion into Alternet common stock.  The converted Alternet common stock is intended for distribution to the shareholders of North American Cannabis Holdings through the issuance of a dividend.

USMJ Cannabis Pilot Development, Spinoff and Dividend History  

North American Cannabis Holdings continuously pilots various cannabis sector enterprises. Pilots that prove promising, North American Cannabis Holdings spins-off into stand-alone public companies in a transaction that includes a dividend distribution of stock in the stand-alone public company to the North American Cannabis Holdings shareholders.  The Alternet Systems transaction announced today will be the second spinoff and dividend transaction North American Cannabis Holdings has executed since entering the cannabis sector in 2013.  Last year, North American Cannabis Holdings entered into a similar transaction with Puration, Inc. (PURA).  Last week Puration common stock was distributed through a dividend to North American Cannabis Holdings shareholders.

ALYI Financial Software Development Track Record

Alternet has a long-term track record in developing innovative financial services industry software solutions.  The company is guided by a team of executives specializing in entrepreneurial endeavors, innovation, corporate strategy, financial and executive management of multi-national organizations, and a vast network of industry resources.  Alternet recently developed a unique financial services solution which was successfully sold allowing the Company to realize a 47% ROI. 

To learn more about North American Cannabis Holdings:     growusmj.com
Follow the Company on Twitter:                                             US_HEMP

To learn more about Alternet Systems:                                  alternetsystems.com
Follow the Company on Twitter:                                             AlternetSystems

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

USMJ Contact:
Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com

North American Cannabis Holdings Anticipates 50 Percent Increase In Next Quarter Sales

Dallas, TX – December 19, 2016 – North American Cannabis Holdings, Inc. (USMJ) today announced an anticipated fifty percent (50%) increase in next quarter sales compared to the current quarter.  With approximately $500,000 in annual sales and averaging $125,000 in quarterly sales, the Company anticipates realizing an additional $60,000 in sales from January 1st through March 31st.

The Company acquired a health and fitness focused smoothie and restaurant operation last year in 2015 as part of an overall strategy to build its AmeriCanna Cafe business - a cannabis friendly, fast causal restaurant concept.  The vast majority of currently reported revenue is realized from the acquired operation and the updates to the operation since its acquisition.  The AmeriCanna Cafe is only one of several cannabis enterprise operations under development at North American Cannabis Holdings.  Among other pilot enterprise operations, the Company is developing and market testing a variety of fitness, health and wellness supplements that stem from the in house expertise resident within the acquired operation.  The Company has recently entered into a distribution agreement with one of its fitness, health and wellness supplements anticipated to add an additional $60,000 in sales next quarter.  While the confidence is high that the increase will be realized in the next quarter, at this time, the distribution agreement does not extend beyond the next quarter.

To learn more about North American Cannabis Holdings: www.growusmj.com

Follow the Company on Twitter: twitter.com/US_HEMP

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

USMJ Contact: 
Steven Rash
Phone: +1-972-528-0162

North American Cannabis Holdings Announces Dividend Payment Date Scheduled Monday December 12th

Dividend Payment Is A Milestone Event Validating Company’s Innovative Cannabis Sector Business Model

Dallas, TX – December 9, 2016 – North American Cannabis Holdings, Inc. (USMJ) today announced that it has finalized its recently declared dividend payment plan with the Financial Industry Regulatory Authority (FINRA).  USMJ’s “Stock Dividend Payable In Another Security” was listed yesterday, December 8th, on FINRA’s Daily List of corporate action event’s for OTC securities.  The FINRA site provides details regarding a December 12th, 2016 issuance of one common share of Puration, Inc. (PURA) stock for every 200 shares held of USMJ common stock (see insert below).

“We are excited about this milestone event here at USMJ,” said Steven Rash, CEO of North American Cannabis Holdings.”  We want to thank all the shareholders that have stuck with us on this journey to explore and learn, and in turn build a promising new business model connecting cannabis industry entrepreneurs with shareholders and investors to continuously introduce brand new enterprise opportunities within a brand new and rapidly evolving new industry.  While talk of dividends issued by small public companies is frequent, the actual issuance of dividends is not so frequent.  The process for a small company is not trivial.  Our own process has not been without turbulence and periodic doubts that the dividend issuance would ever be completed.  So again, thank you to all you shareholders that stuck with us.  We have more pilot projects in the works with more dividend opportunities, and we’ve got one now here under our belt to give us the experience to do more, and do so more smoothly. We also expect this first issuance to establish an increased degree of confidence in USMJ’s business model amongst the cannabis industry sector investment community.”

History of the PURA Stock Dividend

USMJ entered the cannabis sector in 2013 with a strategy to pilot various cannabis sector enterprises.  The Company planned to facilitate the financing necessary to expand successful pilot projects by spinning graduating projects off into standalone public companies.  The first spinoff was executed last year when Puration, Inc. (PURA) acquired graduating pilot project assets from USMJ in exchange for PURA preferred stock.  A portion of the PURA preferred stock was designated for conversion into common stock and issuance to USMJ shareholders.  

Future Stock Dividends To USMJ Shareholders

USMJ considers Puration as a model for the future of North American Cannabis Holdings with future PURA-like spinoffs and dividends to come.  A second spinoff is in the works now. 

On October 25th, USMJ announced entering discussions with Alternet Systems, Inc. (ALYI) on a deal that could lead to a second spinoff and dividend for North American Cannabis Holdings shareholders.  The two Companies have been working together since the beginning of the year on a retail cannabis payment system pilot.

To learn more about North American Cannabis Holdings:                 www.growusmj.com
Follow the Company on Twitter:                                                        twitter.com/US_HEMP 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

USMJ Contact:
Steven Rash
Phone: +1-972-528-016

North American Cannabis Holdings Issues Update On Puration Dividend Progress

Company Issues Latest Update Following CEO Letter To Shareholders Confirming Puration Dividend and Ongoing Spinoff and Dividend Business Model

 Dallas, TX – November 21, 2016

North American Cannabis Holdings, Inc. (USMJ) today issued an update to the comprehensive letter to shareholders released last week confirming USMJ’s commitment to the dividend of stock in Puration, Inc. (PURA).  The letter details the regulatory application to issue a dividend and the corresponding iterative review process.  Today, USMJ is informing shareholders that the latest regulatory response did not include any further historical review questions and otherwise only requested the Company’s issuance plan.  The Company is coordinating a prompt response with the USMJ and PURA transfer agents.  Management is optimistic that the application process is reaching completion and that a Payment Date can be imminently published.

To review the above mentioned letter to shareholders from CEO Steven Rash that confirms the Company’s commitment to the dividend of stock in Puration, Inc. (PURA) with a shareholder of record date of October 21, 2016, follow the link bleow.  The letter includes the latest update on the process to issue the dividend.  The letter also details how the current dividend process is a milestone event in the Company’s long-term strategic plan. 

CEO LETTER TO SHAREHOLDERS ON DIVIDEND COMMITMENT


To learn more about North American Cannabis Holdings:                 www.growusmj.com

Follow the Company on Twitter:                                                        twitter.com/US_HEMP

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

USMJ Contact:
Steven Rash
Phone: +1-972-528-0162

 

 

 

 

Does USMJ Have a Large Short Position or Not?

North American Cannabis Holdings Short Sale Speculation

North American Cannabis Holdings, Inc. (USMJ) announced a potential short squeeze on Friday, November 11, 2016 based on a report from the OTC Short Report indicating approximately 4 billion shares have been sold short in the last 30 days.  The Squeeze Report reports a short position in USMJ consistent with the OTC Short Report. With more than one short tracking organization putting USMJ on top of a Most Shorted List, their might be something to it.

We have received emails complaining about message board posters reporting that short sale reports are a scam and asking us to clarify the situation.  Some claim stock shorting doesn’t exist.  Other’s claim it’s over reported.  Yet others believe in a short sale conspiracy.

Considering that the SEC does institute short sale regulations, we are of the opinion short selling does exist.  Given the market maker exemptions from short sale regulations, we are of the opinion its under reported. 

In regard to how USMJ might have garnered a ‘short-position’ the magnitude of what is being reported by multiple short tracking organizations, and why now a “is-USMJ-short-or-not-debate-has-heated-up-on-stock-message-boards,” we have a speculative three-part answer:

1.     USMJ has certainly issued a great number of shares in the last two years servicing various debts.  It is our belief that short sellers anticipate such dilution and sell short in anticipation of acquiring cheaper newly issued shares.  Such short selling makes the apparent sell-volume look even worse than it is since there is one sale for the short sale and a second sale of the newly issued stock that covers the short sale.  The artificial doubling of sell-volume has a negative impact on the PPS.  The lower the PPS, the more stock must be issued to service debt and the faster the I/O grows.

2.     USMJ has made a healthy dent in its reported debt over the last two years and in turn the Company has had the ability to slow down stock issuances to service debt.  However, given that our speculation on short sellers selling short in front of anticipated new issuances might be correct, it is possible that short sellers over estimated how much new stock might be issued and are now having difficulty buying cheap shares to cover their short sales.

3.     And this one is interesting … the dividend of PURA stock to USMJ shareholders could have short sellers in a very tough spot.

“If a company pays a dividend to shareholders, the second investor who bought the shares from the short seller would get the dividend check from the company. But because the original investor is no longer a shareholder of record (because the second investor owns those shares now), then the short seller must pay the dividend out of his or her own pocket” (Investopedia).

Now further consider that Squeeze Report indicates that at the time of the dividend declaration on October 21, 2016 there may have been over 1 billion shares short.  That would mean there is no dividend allocated for issuance for over 1 billion shares and the sellers of those 1 billion shares will have to purchase PURA stock to make up for the dividend shortage.

The Sum Total of the Three Part Answer

Short sellers may have overestimated ongoing new stock issuance and sold more short than they could easily cover through the purchase of newly issued cheap shares.  Two, at risk of having to purchase PURA stock, short sellers maybe trying to shake the confidence of those that purchased shares from a short seller in hopes that those that purchased shares from a short seller will liquidate their USMJ position prior to a dividend payment.

How This All Might Look on the Message Boards

We suspect that no one posting on a message board is doing so for altruistic reasons.  Posters either want to see a PPS go up so they can profit or see the PPS go down so they can profit.  More power to everyone making money.  But please consider the motivation of a poster before considering some anonymous poster as an authority on why a PPS will increase or decrease.  If the poster is stating all is rosy and the PPS is going up, that poster probably stands to profit form and increased PPS.  Likewise, if a poster is stating that “something is not right in the state of Denmark” and the PPS is set to plummet, that poster probably stands to profit from a decreased PPS.

The opinion stated here on short selling and how it may be impacting the USMJ PPS is just another opinion.  It may or may not be of value, but we did not want to ignore the questions being received by the Company in regard to the short debate and hope this communication might at least be some food for thought in coming to your own decisions in regard to your investment in USMJ.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

USMJ Contact:
Steven Rash
Phone: +1-972-528-0162

North American Cannabis Holdings Confirms Puration Dividend

Company Publishes CEO Letter To Shareholders Confirming Puration Dividend and Ongoing Spinoff and Dividend Business Model

Dallas, TX – November 16, 2016

North American Cannabis Holdings, Inc. (USMJ) today released a letter to shareholders from CEO Steven Rash that confirms the Company’s commitment to the dividend of stock in Puration, Inc. (PURA) with a shareholder of record date of October 21, 2016.  The letter includes the latest update on the process to issue the dividend.  The letter also details how the current dividend process is a milestone event in the Company’s long-term strategic plan.  The letter is included in its entirety below.

Dear Shareholders –

The primary purpose of this letter is to confirm to all shareholders that North American Cannabis Holdings is serious about issuing the Puration dividend.  This is not a gimmick or a trick.  We didn’t forget or put the issuance on a back burner.  We are 100% committed to following through on this dividend issuance.

Managing through the process in order to issue the Puration dividend is a top priority for two reasons.  First, so that the dividend can be issued in a timely manner.  Second, the Puration dividend is a model for North American Cannabis Holdings’ strategic plan to pilot and spinoff future cannabis enterprise operations that include future Puration like dividends issued to North American Cannabis Holdings shareholders.  You might recall we recently announced a second deal in the works intended to result in a second dividend:

USMJ and Alternet Systems (ALYI) Enter LOI To Commercialize Cannabis Payment System In Deal To Include Dividend of ALYI Stock To USMJ Shareholders

So where are we now in the process to get the dividend issued?  On Friday, October 21, 2016 we formally set the Shareholder of Record Date for a dividend of stock in Puration, Inc. (PURA) to be issued to shareholders.  The Record Date was appropriately registered as required with regulatory authorities. Shareholders as of close of business on Friday, October 21, 2016 are eligible to receive shares in PURA. 

The next step is to set the Dividend Payment Date.  We are currently working with regulatory oversight authorities to finalize necessary details to execute the issuance of PURA stock to North American Cannabis Holdings shareholders.  What does this mean?  We have submitted a prerequisite application to issue the dividend and we are now managing through the follow up process.  After submitting the application, it is routine for the applicant to receive a number of questions regarding the subject dividend.  The response to the questions typically requires a narrative response and the submission of supporting documentation.  It is not unusual for the response to the regulatory authority to generate additional questions from the regulatory authority.  The second response similarly requires a narrative response accompanied by supporting documentation. The question and response process can go through multiple iterations to reach completion.  We are currently a couple of iterations into this process.  We anticipate that this process can reasonably be completed in approximately 30 days from the time of application.  We are still less than 30 days since submitting the application.

For even more detail on the process regarding Shareholder of Record Dates, Payment Dates and Ex Dividend Dates, see our website at the following link:

North American Cannabis Holdings Shareholder Record Date, Payment Date, And Ex-Dividend Date

Once the Payment Date is set, North American Cannabis Holdings shareholders that acquired stock on or before the Record date will receive stock in PURA based on the yet to be set Payment Date.  Those shareholders eligible to receive stock on the payment date will actually be determined three days after the Payment Date.  It takes three days for the stock to ‘settle’ within the electronic trading system.

Distribution of the stock will be initiated by the Transfer Agent.  From the Transfer Agent the stock will disseminated to shareholders’ brokers.  Shareholders should be contacted by their brokers once the stock is received by the brokers.  This is not an electronic process.  Physical certificates will be issued and distributed.  We will of course issue further updates as the process advances so you know when to be looking for a something from your broker.

PURA Stock Dividend Strategic Milestone

North American Cannabis Holdings business model is to pilot various cannabis sector enterprises and spin successful pilots off into standalone public companies to further develop the pilot projects into fully commercial applications.  We are a cannabis business launch pad.  Our business didn’t happen overnight and we have more work yet to do.  We entered the cannabis sector in 2013.  Last year, in the summer of 2015, we executed our first spinoff in a transaction where our cannabis extract pilot moved under Puration, Inc. (PURA).  We’re now working on the dividend of PURA stock to North American Cannabis Holdings Shareholders.  We are learning and improving upon the pilot to spinoff to dividend process as we go.  We have more spinoffs in the works.  This letter includes a link above to the Altnernet spinoff and dividend anticipated next.  We anticipate yet a third spinoff to be initiated as part of a very strategic step forward to be announced before the end of this year.

I appreciate the emails and calls we have received about the dividend process.  We’ve tried to be proactive in communicating to shareholders about the process with our previous website posts and press releases, but from the emails and calls, it appears we may have left a gap or two in our previous communications.  I do hope this letter has closed those gaps.  Keep checking back.  We’re still within our initial 30-day anticipated time frame to set a Payment Date and doing all we can to keep it within that 30-day time frame.  We’d love nothing more than to get the date announced prior to Thanksgiving, but holiday schedules have been known to slow progress from time to time.  We’re going to do everything we can to get the Payment Date finalized as soon as possible.

Sincerely,

Steven Rash

CEO

North American Cannabis Holdings, Inc.

Review North American Cannabis Holdings recent CEO update to learn more about the Company's strategy going forward and performance to date having recently reported 23% annual revenue growth

North American Cannabis Holdings, Inc. CEO Update


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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

USMJ Contact:
Steven Rash
Phone: +1-972-528-0162