New York, NY -- March 14, 2017 -- InvestorsHub NewsWire -- Last Friday North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA), a spinoff of USMJ, released a joint shareholder update. The two companies have had a busy year launching a new cannabis infused product line named EVERx into the sports and fitness nutritional supplements market in addition to entering into to two new acquisitions structure to create dividend distributions to both the shareholders of USMJ and PURA. At the very end of the shareholder update, the Company quietly snuck in a detailed analysis of The President Trump Administration’s stand on cannabis. The analysis reaches a convincing conclusion that in the end, the Trump Administration will support both State and Federal legalization.
The shareholder update is available online and includes specifics on USMJ’s ongoing progress to launch a retail cannabis payment system with Alternet Systems, Inc. (USOTC: ALYI) in a transaction to include a dividend of ALYI stock to USMJ shareholders. Additionally, the online update includes a progress report on PURA’s transaction with Spanish Peaks ScrumpDelicacies and ML Capital Group (USOTC: MLCG) and the planned issue of ScrumpDelicacies stock in a dividend distributions to PURA and MLCG shareholders.
