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North American Cannabis Holdings Inc. (USMJ)

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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: mike.murphree@americanseedandoil.com

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: Wall Street Corner Report Watching CIAU Anticipated To Hit $0.10 ASAP As Analysts Start To Take Note 11:43 AM
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USMJ News: UNT MEAN GREEN MEETS GREEN RUSH OPPORTUNITY 03/28/2017 12:22:36 PM
USMJ News: USMJ To Officially Launch AmeriCanna Cafe At Southwest Cannabis Conference And Expo April 22-23 03/28/2017 10:36:00 AM
News News Alert: Wall Street Corner Report Watching CIAU Anticipated To Hit $0.10 ASAP As Analysts Start To Take Note 03/30/2017 11:43:28 AM
PostSubject
#66867  Sticky Note $USMJ PURA and USMJ Announce EVERx CBD Infused $Pistol Pete$ 01/31/17 10:14:24 PM
#66747  Sticky Note USMJ A/S RAISED to 15,500,000,000 TenKay 01/31/17 06:33:19 PM
#63685  Sticky Note Never seen so much stock promotion by a PRmaniac 12/23/16 09:57:19 AM
#62929  Sticky Note FINRA APPROVES PURA DIVIDEND !!!! ANNOUNCEMENT FRIDAY Bgallatin 12/07/16 11:04:24 AM
#71356   I was being sarcastic man yaboy520 03/30/17 12:26:10 PM
#71355   Technical analysis is a myth when applied to PRmaniac 03/30/17 12:12:33 PM
#71353   Can I ask a huge favor of this ngbl4dawin 03/30/17 11:44:15 AM
#71350   Got mine months ago ScottAllen 03/30/17 02:22:39 AM
#71349   To make sure you get the correct anwers mrscashflow 03/30/17 02:17:50 AM
#71346   If I was to sell the USMJ shares, ToInfinity 03/29/17 11:37:22 PM
#71345   The share divy is restricted for 1 year. thermal164 03/29/17 11:23:46 PM
#71344   I received my PURA share divy a couple thermal164 03/29/17 11:08:35 PM
#71343   I have received the dividend in my positions, ToInfinity 03/29/17 10:50:57 PM
#71341   Then you're probably not getting it. Everyone should Ericc333 03/29/17 06:44:58 PM
#71340   I haven't even got the PURA dividend yet. cover2 03/29/17 06:03:07 PM
#71339   "Stop with all the dividends and do a TenKay 03/29/17 04:23:48 PM
#71338   If you haven't gotten your dividend by now Millera1231 03/29/17 03:57:09 PM
#71337   Note to USMJ owners: Stop with all the dva 03/29/17 03:34:37 PM
#71334   I agree, we have been trading sideways for TinyGreenSprout 03/29/17 01:03:26 PM
#71333   hahhahaaaa...hahahaaaa Whoa!! mrscashflow 03/29/17 01:01:13 PM
#71332   Just loaded up again, ready for another run, upticksforme 03/29/17 12:37:37 PM
#71329   They may wait unit more shares are authorized. PRmaniac 03/29/17 11:03:42 AM
#71328   Go USMJ! Tell us about the ALYI dividend, TinyGreenSprout 03/29/17 10:30:38 AM
#71327   Its trading in a channel, just like before, birdys3333 03/29/17 04:17:44 AM
#71326   Thank u ScottAllen 03/29/17 02:17:02 AM
#71325   With E*TRADE as well... Nysilverfox 03/29/17 12:35:01 AM
#71324   I never bought there. 0.0001 is the lowest kittie88 03/29/17 12:34:43 AM
#71323   Are you able to buy below .0001 there? Nysilverfox 03/29/17 12:26:45 AM
#71322   When did you buy USMJ that you did kittie88 03/29/17 12:02:53 AM
#71321   Bought mine on TDA No problem kittie88 03/29/17 12:00:49 AM
#71320   No PURA dividend from my USMJ share on Oct. cover2 03/28/17 10:09:28 PM
#71319   USMJ#$$: The Sky is not Falling,it's Bullish jack7377 03/28/17 09:55:58 PM
#71318   Hey Birdy! Why is this play stagnant? What Liuhisn 03/28/17 09:33:29 PM
#71317   How is this bullish if the price keeps fred2207 03/28/17 08:59:37 PM
#71316   Same here. Bought my shares through E*TRADE Nysilverfox 03/28/17 08:43:32 PM
#71315   USMJ#$$: No Problem buying with E-Trade, 10 plus jack7377 03/28/17 08:42:20 PM
#71314   Birdys added some today,,, birdys3333 03/28/17 04:10:51 PM
#71313   6's....sigh.... Nichopm 03/28/17 03:45:11 PM
#71311   Me, too. I've bought over 20 times and PotStockKing 03/28/17 03:14:12 PM
#71310   Yep - received PURA Dividend...talked to Etrade and PotStockKing 03/28/17 03:10:47 PM
#71307   Nope - dilution trend continues, and this the PRmaniac 03/28/17 03:06:26 PM
#71306   Ihubers, the bullish trend continues, BUY ALL YOU CAN yaboy520 03/28/17 02:57:06 PM
#71305   I understand, I always check for News mrscashflow 03/28/17 02:53:42 PM
#71303   I'm working and going back and forth between Nysilverfox 03/28/17 02:36:58 PM
#71302   There are 3-news releases today mrscashflow 03/28/17 02:27:01 PM
#71300   News? I guess I missed something. What Nysilverfox 03/28/17 02:18:31 PM
#71299   We are very close to a rally ') mrscashflow 03/28/17 02:17:03 PM
#71298   Yes, I got divy some time ago. solidgold 03/28/17 02:14:00 PM
#71297   I just bought more USMJ and I'm already nedmorlef 03/28/17 02:13:29 PM
#71296   Could you supply us with this reverse split nedmorlef 03/28/17 02:06:14 PM
#71295   When USMJ reverse-splits, investors could see another 90-95% PRmaniac 03/28/17 01:38:42 PM
#71294   Because Scottrade and E-Trade know this is TOXIC therook 03/28/17 01:04:08 PM
#71292   UNT MEAN GREEN MEETS GREEN RUSH OPPORTUNITY Jazzyjwels 03/28/17 12:45:30 PM
#71291   Lots of discussion on this topic earlier this TinyGreenSprout 03/28/17 11:50:38 AM
PostSubject