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North American Cannabis Holdings Inc. (USMJ)

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Last Post: 6/27/2017 6:21:53 AM - Followers: 787 - Board type: Free - Posts Today: 1

 



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SEE FULL 18 PAGE RESEARCH REPORT:
 http://www.growusmj.com/research/



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: CIAU Rating Revised Upward To VERY BULLISH On Blockchain and Bitcoin News 06/22/2017 10:54:35 AM
USMJ News: USMJ Adds Blockchain Secured U$MJ Cryptocurrency To Cannabis Point Of Sale Pilot With Technology Acquired From ALYI 06/15/2017 09:16:42 AM
USMJ News: USMJ To Meet With ALYI and LEXG Later This Week In Phoenix On Lithium Technology And Cannabis Point of Sale System 06/13/2017 10:16:00 AM
USMJ News: USMJ and PURA Market Cap Appreciation Potential Enhanced By American Cannabis Innovations Deal 06/09/2017 09:55:31 AM
USMJ News: USMJ and PURA Rated VERY BULLISH After Releasing Increased Forecast - Cannabis Stocks Ready To Take Off 06/08/2017 10:49:14 AM
PostSubject
#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
#74032   https://www.congress.gov/bill/115th-congress/house-bill/1227 Joe159632 06/27/17 06:21:53 AM
#74031   Boo...on stupid voters..go figure..now we wait for another election... isreal 06/26/17 07:16:29 PM
#74030   I wish I could find out how-to figure KingReese 06/26/17 07:00:46 PM
#74028   Boom Time! Easy $$$ here today. Nailed it! GreasyPT 06/26/17 06:25:49 PM
#74027   My opinion the boom that everyone is waiting KingReese 06/26/17 05:30:47 PM
#74026   need to tap into medical marijuana that's the boom gmail1 06/26/17 02:13:01 PM
#74025   In my opinion our boom was delayed by TinyGreenSprout 06/26/17 01:53:21 PM
#74022   USMJ planning a reverse split PRmaniac 06/26/17 01:52:25 PM
#74021   God for once it would be cool for TattooedTraderFry 06/26/17 01:25:53 PM
#74020   Very soon. Patience is key! GreasyPT 06/26/17 01:17:37 PM
#74019   that is all that is growing on. CON TIME! OlinSain 06/26/17 01:06:00 PM
#74018   BOOM TIME CONING BS! THE ASK JUST KEEPS OlinSain 06/26/17 01:05:04 PM
#74017   I hope soon! Inv7272 06/26/17 12:53:41 PM
#74016   When is boom time coming?? Ericc333 06/26/17 12:30:48 PM
#74015   CBD and Medical plays are more likely to KirraShrimp 06/26/17 10:54:16 AM
#74013   I hope that's the case. Could use some Liuhisn 06/26/17 08:18:05 AM
#74012   BOOM TIME! Read between the lines my friend! GreasyPT 06/26/17 08:16:52 AM
#74011   How do you know this? Liuhisn 06/26/17 08:14:32 AM
#74010   Yes they def are. I paid far more Doordietrying2016 06/26/17 08:02:44 AM
#74007   Doordietrying2016, your 25 million shares of USMJ stock flaflyersfan 06/26/17 01:05:30 AM
#74006   .01 test looms GreasyPT 06/25/17 11:38:23 PM
#74005   Whales are loading here. YUGE pump headed to $USMJ GreasyPT 06/25/17 11:38:11 PM
#74002   Did not fill 3 or 4 Fri. will aquayacht 06/25/17 08:54:43 PM
#74001   CBD anything is a red flag ask any austinogg 06/25/17 07:55:15 PM
#74000   Untill then I front load otc savage 06/25/17 12:56:49 PM
#73999   Nobody should waist a keystroke on the mj/cbd Trip1 06/25/17 12:17:49 PM
#73998   Unfortunately in the penny world your first reason TenKay 06/25/17 10:20:21 AM
#73997   It enables dilution, is a way toward uplisting aquayacht 06/25/17 09:35:49 AM
#73996   CBD Gummies in Hawaii smoke shops! So far ant5 06/25/17 12:22:41 AM
#73995   If they do it, it would be to Liuhisn 06/25/17 12:22:13 AM
#73994   What is the point of a reverse split? Doordietrying2016 06/25/17 12:15:41 AM
#73993   I'm hoping they don't RS as well. Check Liuhisn 06/25/17 12:06:59 AM
#73991   It all depends on this RS I hope stab1 06/24/17 10:07:54 PM
#73990   Ok I hope this takes off. Liuhisn 06/24/17 09:40:13 PM
#73988   That is so true! mrscashflow 06/24/17 07:21:43 PM
#73987   Recent CandleStick Analysis Bullish mrscashflow 06/24/17 07:14:53 PM
#73986   I feel this co. has super potential. All aquayacht 06/24/17 06:18:17 PM
#73985   Right totally agree chattsy11 06/24/17 10:58:19 AM
#73982   Agreed. Doordietrying2016 06/24/17 12:30:01 AM
#73981   I agree. I'm highly sceptical but my 25,000,000 Doordietrying2016 06/24/17 12:29:31 AM
#73980   If this company is legit, then it will stallion70 06/23/17 10:56:48 PM
#73978   PPS hasn't really taken off here and not 2014shelby 06/23/17 09:40:35 PM
#73976   K chattsy11 06/23/17 07:42:39 PM
#73974   Not pumping anything just post whatever I like chattsy11 06/23/17 07:40:28 PM
#73973   Ok you responded about a post that they Mkelly0129 06/23/17 07:37:59 PM
#73972   Just like everyone else I'll freely post what chattsy11 06/23/17 07:36:10 PM
#73970   https://www.drinkeverx.com chattsy11 06/23/17 07:31:02 PM
#73969   ACI didn't invest 1 penny in USMJ PRmaniac 06/23/17 05:18:05 PM
#73968   What did they invest precisely? (If they even TenKay 06/23/17 04:33:11 PM
#73967   ACI wouldn't have invested if they didn't have TinyGreenSprout 06/23/17 02:59:46 PM
PostSubject