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North American Cannabis Holdings Inc. (USMJ)

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SEE FULL 18 PAGE RESEARCH REPORT:
 http://www.growusmj.com/research/



North American Cannabis Holdings, Inc. (USMJ) is founded on the core belief that cannabis makes people's lives better.  Cannabis can fight disease, improve wellness and do so in an environmentally sustainable manner.  North American Cannabis Holdings is dedicated to developing the best possible applications for cannabis to serve consumers.  

North American Cannabis Holdings is introducing the AmeriCanna Café, a destination beverage company where consumers can interface with trained staff to learn about the specific benefits of cannabis and select healthy and refreshing cannabis infused beverages.  The AmeriCanna Café subsidiary is expected to enjoy a rapid rate of growth accelerated by North American’s current DuBe Hemp Energy drink distribution business and the previously announced pending acquisition of an existing, ten year old fitness café operation. The AmeriCanna Café will initially include custom blended hemp infused coffee, cold pressed juices and smoothies in addition to carrying raw hemp seeds and other hemp infused foods.  As state and federal law permits, THC infused beverages and foods will be added to the menu.

North American Cannabis Holdings launched its cannabis business late in 2013 with the introduction of The American Seed & Oil Company, a subsidiary founded to conduct various pilots in the legal cannabis sector in order to explore a variety of high growth potential business opportunities. The Company will continue to develop existing and new pilot initiatives under the American Seed & Oil Company subsidiary.

Over time, the Company anticipates introducing additional subsidiaries dedicated to the various pilot initiatives coming out of American Seed & Oil Company that gain traction similar to the cannabis infused beverage pilot.

                                                                        

The AmeriCanna Café, a new subsidiary of North American Cannabis Holdings, is a destination beverage company where consumers can interface with trained staff to learn about the specific benefits of cannabis and select healthy and refreshing cannabis infused beverages.  The AmeriCanna Café subsidiary is expected to enjoy a rapid rate of growth accelerated by North American’s current DuBe Hemp Energy drink distribution business and the previously announced pending acquisition of an existing, ten year old fitness café operation. The AmeriCanna Café will initially include custom blended hemp infused coffee, cold pressed juices and smoothies in addition to carrying raw hemp seeds and other hemp infused foods.  As state and federal law permits, THC infused beverages and foods will be added to the menu.

The founders of the target acquisition come from a collection of nutritional experts, fitness consultants, and other fitness industry professionals that developed a nutritionally superior, sophisticated line of niche beverages.  Algae International Group has been working with the target acquisition over the last year to develop the cannabis destination beverage café concept. 



                                                     
 

Late in 2013, the Company began shifting its focus toward the emerging, legal cannabis market within the United States.  The Company launched a subsidiary called The American Seed & Oil Company to conduct various pilots in the legal cannabis sector in order to explore various high growth potential business opportunities.

A number of the pilot initiatives have shown promise.  The Company will continue to develop existing and new pilot initiatives under the American Seed & Oil Company subsidiary

 
USMJ MANAGEMENT

http://www.growusmj.com/management

 

STEVEN B. RASH, CHAIRMAN & CEO

 
Steven Rash was announced as the new CEO on November 11, 2014.  Mr. Rash is a medical industry veteran with a lengthy list of career accomplishments and experiences well suited to American Seed & Oil’s cannabis business strategy.  Mr. Rash has negotiated medical device licensing agreements and health care partner strategic alliances that combined have generated over $650 million in new revenues. Mr. Rash has also managed numerous drug trials and secured multiple FDA approvals.  He has signed over 400 managed care contracts and made more than 200 Boardroom presentations at Fortune 500 companies. Mr. Rash served as President and CEO of American BioMed, Vice President of Blue Rhino Corporation and Division President of Maxum Health Corporation. He earlier held numerous Vice President positions at BOC Group, PLC. Mr. Rash has a BS in Business Administration from the University of Delaware and an MBA from Southern Illinois University.  Mr. Rash is also a Veteran of the United States Army
 

EDWARD BOLLEN, DIRECTOR 

Over 30 years with the U.S. government (USG) beginning with service in the U.S. Marine Corps.  Following active duty, worked with various military and law enforcement entities at the local, state and federal level (including the DEA).  On behalf of the USG, served as a "Contracting Officer Technical Representative " (COTR) working with USG contractors to develop specialized equipment, projects or designs.  Worked in U.S. intelligence community and the U.S. foreign service on the diplomatic front primarily in Africa and the Middle East.
                         

$2 Million 12 Month Cannabis Themed Restaurant Revenue Plan;

Overall Dividend Strategy & First Planned Dividend

 

Cannabis Themed Restaurant Executive Summary

 

 

In a first step toward developing a cannabis themed restaurant for the health conscious consumer, North American Cannabis Holdings last year in June of 2015 acquired a fitness cafe with a full breakfast, lunch and dinner menu.  The acquired fitness cafe includes a national brand named smoothie product.  The operation of the acquired fitness cafe has provided North American Cannabis Holdings with a platform for developing its AmeriCanna Cafe concept.  The Company realized approximately $500,000 in sales over the previous 12 months operating the fitness cafe.

North American Cannabis Holdings is now launching a campaign to franchise and license the AmeriCanna Cafe as a cannabis themed, fast casual concept to targeted multi-brand quick-serve restaurant operators.

Fast casual restaurants are a hybrid of fast food and casual dining restaurants. Fast casual restaurants provide fresher, higher quality and often more health conscious food items than a typical quick-serve restaurant while still appealing to a relatively “fast” dining experience mentality. Example fast casual restaurants include Chipotle Mexican Grill, Panera Bread, Shake Shack, Habit Grill), Fiesta Restaurant Group, Noodles & Co, Zoe’s Kitchen, and Potbelly – all publicly traded. The fast casual segment makes up over $20 billion of the $580 billion restaurant sector.

 

 

Restaurant 12-Month Forecast and Upward Revision Criterion

 

 

North American Cannabis Holdings anticipates $1.5 million in revenue over the next 12 months to result from the opening of new AmeriCanna Cafe restaurants through license and franchise contracts with another $500,000 dollars to come in from the sale of our EVERx sports and fitness supplements.  The current forecast is estimated on only one license agreement expected to result in multiple AmeriCanna Cafe openings.  North American Cannabis Holdings is actively negotiating two additional agreements at this time and pursuing yet more.  Any additional agreements will potentially result in an upward revision of the current $2 million forecast.

 

 

Dividend Strategy Executive Overview

 

 

The legal cannabis market continues to evolve.  The general direction seems to be toward legalization in a two steps forward, one step back manner. Institutional investment skepticism remains high with only a slight easing over the past three years. 

With the inherent risk mitigation provided by the liquidity of a public market, the number of publicly listed cannabis firms continues to grow.  The North American Cannabis Holdings’ approach since the inception of its cannabis business strategy in 2013 has been to augment the inherent risk mitigation provided by the liquidity of the public market by operationally piloting various cannabis sector enterprise opportunities and further cultivating those pilots that show promise.  To date, this approach has resulted in the AmeriCanna Cafe business, the Puration cannabis extraction business and the EVERx sports and fitness supplement business. 

To augment even further the risk mitigation provided by the liquidity of the public market and the pilot operational strategy, the Company has implemented a spinoff and dividend strategy whereby pilot program graduates are spun into independent public companies.  In this manner, a separate capital structure can support the ongoing investment requirements to grow the pilot graduate and North American Cannabis Holdings shareholders can benefit by being issued stock in the spun off operation through a dividend distribution.

To date, the Company’s cannabis extraction pilot has resulted in the establishment of the independent public company Puration, from which a dividend to be issued to North American Cannabis Shareholders is in the works. 

Before a separate capital structure could be effective in supporting the growth of the extraction operation, the public company the extraction operation reverse merged into had to undergo some updates - as is the case in many reverse merger situations.  Those updates have taken time and have not been achieved without further investment.  Puration has just recently established real independence and some substantial and exciting milestone achievements are anticipated to be announced soon.

North American Cannabis Holdings continues to pilot new projects while at the same time fostering the growth of the pilot program graduates, AmeriCanna Cafe and EVERx.  Management believes a similar spinoff strategy can be effective in supporting the accelerated growth of the AmeriCanna Cafe and EVERx and other future pilot projects.  Management further believe the experience with Puration has garnered hard knocks experience, the benefits of which will be demonstrated in the execution of similar future spinoff and dividend transactions.

 

 

Puration Dividend Plan

 

 

On July 28, 2015, the Company entered into a Share Exchange Agreement with Puration, Inc. (PURA), where it agreed to exchange all of its wholly owned interests in two separate pilot program operations for two Convertible Preferred Stock Series to be created and issued by Puration.  One Series represents fifty-one percent voting control of Puration and the other is convertible into common shares of Puration to be issued in a dividend distribution to the shareholders of North American Cannabis Holdings.

More detail on the transaction between North American Cannabis Holdings and Puration, to include updates and amendments to the original transaction, is available for review in the respective public disclosures of the two Companies on the OTC Markets website.

At this time, the two Companies plan to move forward promptly with the conversion of the Puration Convertible Preferred Stock designated for conversion into common stock of Puration.  North American Cannabis Holdings further plans to promptly execute a dividend distribution of the converted Puration common stock to the North American Cannabis Holdings shareholders.

Specifically, the two Companies, subject to first satisfying all regulatory and regulatory related conditions required to execute a dividend distribution, plan to convert the Puration Preferred Stock into a number of common shares such that each North American Cannabis Holdings shareholder will receive one common share of Puration for every 200 shares of North American Cannabis Holdings held.  The date on which the North American Cannabis Holdings shares must be held in order to qualify for receiving a dividend distribution of Puration stock is yet to be determined.  The two Companies anticipate the ‘dividend date’ being set within the next thirty to forty-five days.

 

North American Cannabis Holdings Acquires Health Beverage Café With 10-Year Operating History As Flagship In
Network Of 300 Licensed Brand Name Juice Bars

http://www.growusmj.com/news/north-american-cannabis-holdings-acquires-health-beverage-cafe



 
 
 
 

                        
CONTACT:
 
Mike Murphree
Phone:  972.528.0162
Email: [email protected]

http://www.otcmarkets.com/stock/ALGA/profile
Outstanding Shares (OS) = 48,201,582 a/o March 31, 2015
Float = 28,000,000 est. a/o March 31, 2015
Restricted Shares = 20,000,000 est. a/o March 31, 2015
Authorized Shares (AS) = 1,000,000,000 a/o March 31, 2015


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USMJ News: PURA - Puration Previews EVERx CBD Infused Water Product Launch Plans Set For Major Industry Trade Show In March 2017 01/12/2017 08:30:00 AM
USMJ News: USMJ and ALYI Management To Meet In Miami This Week To Take Next Steps Rolling Out Cannabis Retail Payment System 01/10/2017 08:11:51 AM
USMJ News: PURA and MLCG - Puration Inc Endorses ML Capital Group Deal With Spanish Peaks 01/04/2017 12:06:48 PM
USMJ News: USMJ and PURA Enter 2017 With BULLS In Control – Coming Cannabis Rally Could See PURA Break $0.10 and USJM Break $0.001 01/04/2017 08:30:00 AM
USMJ News: Cannabis Sector ALERT - American Bulls Recommends PURA BUY 12/30/2016 09:54:28 AM
PostSubject
#63685  Sticky Note Never seen so much stock promotion by a PRmaniac 12/23/16 09:57:19 AM
#63143  Sticky Note $USMJ USMJ - North American Cannabis Holdings Announces $Pistol Pete$ 12/11/16 06:57:22 PM
#62929  Sticky Note FINRA APPROVES PURA DIVIDEND !!!! ANNOUNCEMENT FRIDAY Bgallatin 12/07/16 11:04:24 AM
#64354   I got my pura shares ameritrade said I gmail1 01/16/17 07:22:29 PM
#64353   Think this is the best mj company , emailcheque 01/16/17 04:57:19 PM
#64352   STABILITY TODAY? THE MARKETS ARE CLOSED TODAY FOR ScottAllen 01/16/17 03:38:32 PM
#64351   It was stable yesterday and the day before gumby11 01/16/17 03:24:48 PM
#64350   I am really impressed with USMJ's stability today, gi197845 01/16/17 02:51:03 PM
#64349   USMJ in a banner ad on iHub. EOM flaflyersfan 01/16/17 01:19:52 PM
#64348   Yews, reverse split plans should drop this to PRmaniac 01/16/17 01:19:14 PM
#64347   Seriously. Things are finally heating up. I suggest TinyGreenSprout 01/16/17 12:09:56 PM
#64346   Who is this? What have you done with gumby11 01/16/17 10:54:10 AM
#64345   With all related stocks concerning cannabis.....you'll never know.....Just dutchfree 01/16/17 09:25:24 AM
#64344   Starting to doubt this will happen. Seems like GreasyPT 01/16/17 09:03:28 AM
#64342   from dead cat 0.0001 to 0.0007 700% gain, LoveMoney8 01/16/17 05:19:00 AM
#64340   Can we get to .01? Huge bag Daydayupup 01/16/17 12:17:55 AM
#64339   Kidding? What would be the target? Daydayupup 01/16/17 12:17:00 AM
#64337   I am pretty certain a qualified broker would TenKay 01/16/17 12:08:43 AM
#64336   The person who wrote it is a broker. kittie88 01/16/17 12:06:44 AM
#64335   The person who wrote that is mistaken on TenKay 01/16/17 12:05:35 AM
#64334   Soon to have a big run history doebop 01/15/17 11:56:09 PM
#64333   $USMJ I'd expect .001s by valentine's day if doebop 01/15/17 11:55:14 PM
#64332   Maybe it's a big Greasy POS. fred2207 01/15/17 10:31:51 PM
#64331   R/S and SEC halt would not be shocking GreasyPT 01/15/17 09:35:56 PM
#64330   Greasy just beware of past dealings of this company. SQEEZER 01/15/17 06:22:05 PM
#64326   Answer from Ameritrade as to whn you must kittie88 01/15/17 03:00:33 PM
#64325   Glad to hear I was missed. I was GreasyPT 01/15/17 02:51:50 PM
#64323   $USMJ Whales continue loading. Huge move imminent. Anticipating GreasyPT 01/15/17 11:35:32 AM
#64322   YesS delivered as promised ') mrscashflow 01/15/17 12:01:40 AM
#64321   That PR was screwed up in a few TenKay 01/14/17 08:43:48 PM
#64320   You bought it on the record day, You kittie88 01/14/17 08:25:40 PM
#64319   yes weeks and weeks ago I received mine. ScottAllen 01/14/17 07:30:11 PM
#64318   Received mine weeks ago. Call your broker. ScottAllen 01/14/17 07:14:58 PM
#64317   Will do thank you! Liuhisn 01/14/17 02:39:36 PM
#64316   You're very welcome... mrscashflow 01/14/17 01:14:58 PM
#64314   Meet in Miami to knock up some hookers StockRacer87 01/14/17 05:02:41 AM
#64313   OCT 18TH WAS FINAL DATE TO BUY FOR DONTSELLFROM_FEAR 01/14/17 01:45:37 AM
#64312   Thank you for the tips! Would like to Liuhisn 01/14/17 12:35:04 AM
#64311   When I'm out funds I obser them mrscashflow 01/13/17 11:19:31 PM
#64310   Ok just a waiting game now. Doing what Liuhisn 01/13/17 10:14:11 PM
#64309   If the companies explanation mrscashflow 01/13/17 07:48:07 PM
#64308   Why does this divi issue keep popping up?! Liuhisn 01/13/17 07:27:34 PM
#64307   USMJ Dividend Shareholder of Record Date Anticipated To mrscashflow 01/13/17 05:04:40 PM
#64306   Hey fellas. Have we heard anything about the Deels0915 01/13/17 03:51:48 PM
#64305   bullshit... these tools are useful and inability to doebop 01/13/17 03:15:29 PM
#64304   LOL, at this article; gi197845 01/13/17 02:38:56 PM
#64303   Charting and/or T/A are not tools with a PRmaniac 01/13/17 02:33:54 PM
#64302   ".0001 with no bid looks to be a doebop 01/13/17 02:04:31 PM
#64301   516M Bid for this $USMJ ??? who would doebop 01/13/17 02:03:44 PM
#64300   Dutchfree, thanks for the info. The problem is dumbguy 01/13/17 12:44:37 PM
#64298   .0001 with no bid looks to be a Kniz 01/13/17 11:46:21 AM
#64297   Massive dilution is USMJ's business model. PRmaniac 01/13/17 11:23:00 AM
#64296   Anybody just see those 50 Million shares go ngbl4dawin 01/13/17 11:01:48 AM
PostSubject