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Monday, July 27, 2015 8:21:05 PM
The corporate name change, the beverage business launch and corresponding acquisition, and today’s healthcare spin-off and dividend are just the beginning of an overall major initiative North American Cannabis Holdings is advancing within the new emerging legal cannabis market.”
The Company will feature the cannabis consumer healthcare products to be included in the spin-off in a series of coming press releases and website posts. One product, for example, to be included is the EpiVape, a unique CBD disposable vaporizer developed by World Hemp Oil and part of an ongoing pilot project with North American Cannabis Holdings.
The letter of intent has been executed with Puration, Inc., a standalone public company. Puration will acquire North American Cannabis Holdings healthcare operations for stock, a portion of which is to be issued in a dividend distribution to North American Cannabis Holdings shareholders. Puration is expected to be renamed and reorganized. The Puration management team will include co-managers from North American Cannabis Holding’s management team.
http://www.otcmarkets.com/stock/USMJ/news/North-American-Cannabis-Holdings-Announces-Healthcare-Spin-Off-And-Shareholder-Dividend-LOI?id=109555&b=y
http://www.worldhempoil.com/epivape.html
http://www.worldhempoil.com/store/c1/Featured_Products.html
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