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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: PURA and Partners USMJ MLCG and ALKM Rated VERY BULLISH After PURA Press Release Today 04/27/2017 12:33:05 PM
USMJ News: PURA Bolsters $3 Million Forecast With Second Brand Name License Agreement To Produce Cannabis Infused Foods And Beverages 04/27/2017 09:00:00 AM
USMJ News: USMJ Leads Cannabis Penny Stock Sector With VERY BULLISH Rating Ahead of MJNA CBIS and HEMP 04/25/2017 10:17:56 AM
USMJ News: USMJ Rated VERY BULLISH By Stock Technical Analysis with CBIS Rated VERY BEARHISH and HEMP and RMHB Rated NEUTRAL 04/20/2017 01:16:06 PM
USMJ News: USMJ Announces AmeriCanna Cafe Partnership Options On Sale At 420 Event In Texas 04/20/2017 09:01:44 AM
PostSubject
#71658  Sticky Note *New product launch next week-CBD infused Water and*now*CBD*infused*Gummie DollarTIME 04/11/17 09:20:36 AM
#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
#72074   Had high hopes for this company but looks hhi3 04/28/17 07:41:49 PM
#72073   USMJ#$$:I can see this making a run to jack7377 04/28/17 06:27:44 PM
#72072   This could hit .01 at some point over lloyd Banks 04/28/17 05:32:35 PM
#72071   I know, kudos to those who didn't buy sheeponwllst 04/28/17 04:04:00 PM
#72070   i wonder what happen to the .01, .02, keepdreaming132 04/28/17 03:40:03 PM
#72069   In the past two years since I have DelightDevil 04/28/17 12:11:52 PM
#72068   Me to I'm over this stock so many TattooedTraderFry 04/28/17 11:59:33 AM
#72067   O my were looking sooooo bullish ,why don't TattooedTraderFry 04/28/17 11:27:33 AM
#72066   hahaaaa a SCAM heheee hahaaaa....okay mrscashflow 04/28/17 11:26:31 AM
#72065   supposedly they had distribution rights in a few Sleepy$$$ 04/28/17 11:16:03 AM
#72064   Awesome, maybe we get .0006s filled doebop 04/28/17 10:39:05 AM
#72063   Will this dog ever run? Liuhisn 04/28/17 10:37:59 AM
#72062   SCAM ALERT: no products for sale SkinnyPockets 04/28/17 09:15:18 AM
#72061   I don't care. I just need this to DelightDevil 04/27/17 08:53:55 PM
#72060   Nope, not opening 20 stores at all - PRmaniac 04/27/17 08:23:54 PM
#72059   USMJ OPENING ITS FIRST 20 STORES CAFE'S Pablocashstar 04/27/17 08:05:54 PM
#72058   I didn't "say" (spoken word) anything about the PRmaniac 04/27/17 07:13:19 PM
#72057   .0004 here we come keepdreaming132 04/27/17 06:43:43 PM
#72056   Is this going to move out of the trips? Liuhisn 04/27/17 04:47:50 PM
#72054   walstreetcornerreport is a joke. Candlestick analysis? Naw, they PRmaniac 04/27/17 03:56:32 PM
#72053   scam warning: zero products for sale. No money SkinnyPockets 04/27/17 02:51:13 PM
#72052   can anyone tell me what happened to Dube SkinnyPockets 04/27/17 02:45:38 PM
#72051   cbdlivingwater took my visa and amex and sent Jazzyjwels 04/27/17 12:50:27 PM
#72050   MJ stocks in general are just limping along. cover2 04/27/17 12:28:18 PM
#72049   When are the financials due to be released? Liuhisn 04/26/17 07:25:08 PM
#72047   Yes sir beardickpunch you nailed it Sergman 04/26/17 05:46:14 PM
#72045   What are you talking about? Mkelly0129 04/26/17 04:35:06 PM
#72043   Should .....could..........but when .just checking in to make TattooedTraderFry 04/26/17 03:14:42 PM
#72041   Yes too bad .they look very promising and tiger1966 04/26/17 12:05:55 PM
#72040   Its very unfortunate. rogerman 04/26/17 12:03:27 PM
#72039   Seems like you are right .with so many tiger1966 04/26/17 12:02:58 PM
#72038   This stock is most likely complete garbage. Keep rogerman 04/26/17 11:34:25 AM
#72037   Yes it is but, not for people who dgordon76 04/26/17 11:05:16 AM
#72035   Its not associated I believe. That was just HumanTyphoon 04/26/17 06:48:54 AM
#72034   Bullish more like bullshit Snowman2 04/25/17 11:42:37 PM
#72033   LOL! Now that's some funny shit! Bull5 04/25/17 10:07:20 PM
#72032   so this stock is also associate with MJNA, keepdreaming132 04/25/17 06:52:03 PM
#72031   lmao… led to believe an acquisition happened 2 Sleepy$$$ 04/25/17 05:45:02 PM
#72030   It's crazy saying this, but regardless if USMJ AVI LLC 04/25/17 05:41:56 PM
#72029   Is it good news when a stock goes cover2 04/25/17 04:05:22 PM
#72028   Yaboy!! Alright! Alright! Alright! ROCKER67 04/25/17 02:58:38 PM
#72027   I always believe in volume Bunti 04/25/17 02:39:39 PM
#72026   Volume got raised somebody bought 4 million shares Bunti 04/25/17 02:35:23 PM
#72024   Yep! Liuhisn 04/25/17 02:17:02 PM
#72021   GUYS AND GALS THIS STOCK IS VERY BULLISH yaboy520 04/25/17 01:40:48 PM
#72020   DILUTION cont. .0005 . . . . . .0001 ezbyker 04/25/17 01:39:12 PM
#72019   BULLISH my ass. This stock is highly BearDickPunch 04/25/17 01:27:46 PM
#72017   I like the way you think, you see Kutthroat 04/25/17 12:18:19 PM
#72015   Well Said bro Bunti 04/25/17 11:30:04 AM
#72013   You can't and won't be able too... M-Fondu 04/25/17 11:20:56 AM
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