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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: Alternet Sytems Inc. (USOTC: ALYI) Enters Cannabis Market Positioned To Soar On US Hemp Legalization 10/19/2018 09:09:52 AM
USMJ News: Alternet Sytems Inc. (USOTC: ALYI) Enters Cannabis Market Positioned To Soar On US Hemp Legalization 10/19/2018 09:09:52 AM
USMJ News: North American Cannabis Holdings, Inc Reports 15% Annual Revenue Growth On $858,000 In Sales Approaching A Break-Even Bottoml... 10/15/2018 09:33:29 AM
USMJ News: PURA - Puration Inc Garners Interest From $330 Billion Beverage Industry Brand Name Players 10/11/2018 09:10:00 AM
USMJ News: PURA - Puration Inc Garners Interest From $330 Billion Beverage Industry Brand Name Players 10/11/2018 09:10:00 AM
PlusOneCoin Top Posts
#78841   Bid over one billion - 0005s gonna clear OTC Knight 10/17/18 02:38:19 PM
PostSubject
#76429  Sticky Note USMJ A/S Raised to 20 billion shares PRmaniac 01/15/18 03:42:08 PM
#78882   I agree nothing but dumping as is I WallStreetMyWay 10/20/18 07:00:06 AM
#78881   The dividend distribution plan is not contingent on Seekingthelight 10/19/18 10:39:10 PM
#78880   I think we are going to get the Seekingthelight 10/19/18 10:08:47 PM
#78879   the 3rd party i'm not sure. they are penny millionare 10/19/18 07:58:08 PM
#78878   No shit, haha! I have over a million, Stallion4life38 10/19/18 06:48:29 PM
#78877   Anyone can see there realsing multiple amounts of WallStreetMyWay 10/19/18 06:44:38 PM
#78876   More milly hits on 0004s. Go USMJ. OTC Knight 10/19/18 03:18:20 PM
#78875   It's about time. penny millionare 10/19/18 03:05:10 PM
#78874   Nice 10 milly smack on 0004s!!! OTC Knight 10/19/18 02:58:32 PM
#78873   What a POS this thing is! Down 20% Stallion4life38 10/19/18 02:32:24 PM
#78872   150 million share dump this morning. Looks like PRmaniac 10/19/18 01:46:10 PM
#78871   spinoff may have more problems PRmaniac 10/19/18 01:27:12 PM
#78870   Sooner than you think! GLTA!! 2late2trnbck 10/19/18 01:12:52 PM
#78869   Nice milly blocks hitting 0004s now. OTC Knight 10/19/18 01:05:17 PM
#78868   With on going delays of this spinoff 0.0002's SubPenny0001 10/19/18 01:02:19 PM
#78867   Added more 0004s. We were clearing 0006s days OTC Knight 10/19/18 12:34:27 PM
#78866   Picking up more 4s and it is going Seekingthelight 10/19/18 11:57:20 AM
#78865   They was delayed when they had the spin Seekingthelight 10/19/18 09:52:33 AM
#78864   They was delayed when they had the spin Seekingthelight 10/19/18 09:51:46 AM
#78863   There’s no news, these guys are ridiculous. Can’t Neight 10/19/18 09:23:46 AM
#78862   Hopefully. If that happening tomorrow and we see Seekingthelight 10/19/18 01:34:20 AM
#78860   I'm betting we finally know who the spinoff Lloyd Cannabinoid 10/18/18 10:10:27 PM
#78859   in 2020. thats only if you're patient enough keepdreaming132 10/18/18 06:28:23 PM
#78858   Sucks. People stop selling the 4s. Just try Seekingthelight 10/18/18 03:46:14 PM
#78857   Holding my tickets here. Go USMJ. OTC Knight 10/18/18 02:44:41 PM
#78856   the bid size is now smaller then the rkrk 10/18/18 01:06:39 PM
#78855   There will be a big buy again. Just Seekingthelight 10/18/18 11:12:24 AM
#78854   Almost all dilutive dumping again today. Huge blocks PRmaniac 10/18/18 11:03:53 AM
#78853   usmj needs to update on the deal they rkrk 10/18/18 10:57:59 AM
#78852   The flippers should be all gone hopefully and Seekingthelight 10/18/18 10:56:06 AM
#78851   bid and ask closing in on each other rkrk 10/18/18 10:55:02 AM
#78850   lol strong dilution is what I see.. WallWeeD 10/18/18 10:40:00 AM
#78849   Added more here. What gift. Go USMJ. OTC Knight 10/18/18 10:09:14 AM
#78848   Adding here. Strong support of 4s. 5s Seekingthelight 10/18/18 09:38:56 AM
#78847   What presidential election? In two years? ScottAllen 10/18/18 02:08:35 AM
#78846   just wait and see if you/we are getting keepdreaming132 10/17/18 09:34:33 PM
#78845   Can someone explain this sentence from the recent Moose412 10/17/18 04:13:13 PM
#78844   Good luck with that they never do what ou812ic 10/17/18 03:44:20 PM
#78843   If I sold my shares today, (I didn't) Lloyd Cannabinoid 10/17/18 03:37:22 PM
#78842   what ever happened to they where going to rkrk 10/17/18 03:00:17 PM
#78841   Bid over one billion - 0005s gonna clear OTC Knight 10/17/18 02:38:19 PM
#78840   Did the same thing with the 3s 4s buxcapital 10/17/18 01:51:47 PM
#78839   USMJ again diluting billions of shares, with a PRmaniac 10/17/18 01:35:19 PM
#78838   The Canadian cease trade order for USMJ is PRmaniac 10/17/18 01:32:20 PM
#78837   Awesome stuff!! Steve Waz 10/17/18 01:10:52 PM
#78836   Uh Da, let me stack $5"s before it stockstalk09 10/17/18 01:03:25 PM
#78835   You would have to be a total moron stockstalk09 10/17/18 12:37:56 PM
#78834   Adding more 5s here like others. Hope the Seekingthelight 10/17/18 12:36:06 PM
#78833   that is because, coke , cola is looking Buzzie 10/17/18 12:09:06 PM
#78832   Someone’s buying a lot of shares here can’t buxcapital 10/17/18 11:01:34 AM
PostSubject