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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 - Puration Cannabis Cultivation Spinoff Strategy Keeps Pace With Canadian Recreational Marijuana Legalization 06/21/2018 09:31:01 AM
USMJ News: USMJ Amazon of Cannabis Business Plan And Upcoming Shareholder Dividend Rapidly Advance 06/20/2018 09:05:39 AM
USMJ News: ALYI Share Price Consolidation Building Toward Potential Breakout On News 05/31/2018 12:58:48 PM
USMJ News: North American Cannabis Holdings and Puration Announce Spinoff and Dividend 05/31/2018 10:27:32 AM
USMJ News: North American Cannabis Holdings and Puration Preview Major Announcement Coming Next Week 05/24/2018 12:36:43 PM
PlusOneCoin Top Posts
#77970   Maybe USMJ should pay their toxic convertible notes PRmaniac 06/20/18 01:17:47 PM
PostSubject
#76429  Sticky Note USMJ A/S Raised to 20 billion shares PRmaniac 01/15/18 03:42:08 PM
#78004   Wrong! ScottAllen 06/22/18 10:31:31 PM
#78003   All relax...your as bad as children wash21263 06/22/18 08:55:39 PM
#78002   New post https://www.aciconglomerated.com/pura/2018/6/21/puration-cannabis-culti Tommy099431 06/22/18 06:23:16 PM
#78001   Do I assume correctly that it's a wait fred2207 06/22/18 04:41:44 PM
#78000   No, The USMJ CEO indicates it does not PRmaniac 06/22/18 04:24:54 PM
#77999   Yes it does ScottAllen 06/22/18 03:22:52 PM
#77998   No, ACI does not own PURA or USMJ. PRmaniac 06/22/18 11:49:49 AM
#77994   Pretty sure they own them bud, www.ACIconglomerated.com and Tommy099431 06/21/18 10:00:04 PM
#77992   No, private company does not "own" USMJ or PURA. PRmaniac 06/21/18 04:55:13 PM
#77990   20bx.0006=12m what's the problem. disabledvet 06/21/18 01:07:01 PM
#77989   'But the private company owns USMJ, its like Tommy099431 06/21/18 12:36:50 PM
#77988  Restored http://www.ktvu.com/news/health/us-could-back-1st-pot-derived-medicine Neight 06/21/18 11:35:22 AM
#77986   Wow, you don't know who the private company PRmaniac 06/21/18 10:39:19 AM
#77984   No, ACI uses the funds USMJ is required PRmaniac 06/21/18 10:15:46 AM
#77982   51% gets set a side for ACI. ACI TimeMoney 06/21/18 09:41:00 AM
#77981   Who gets the 51% of all the profits? Ajax2 06/21/18 09:26:18 AM
#77980   Must have mixed up Canada and the U.S. Neight 06/20/18 10:43:50 PM
#77978   Probably not a lot since it’s so cheap Tommy099431 06/20/18 09:00:22 PM
#77977   Been hearing that for awhile. Liuhisn 06/20/18 05:10:58 PM
#77976   how much dividend! per usmj shears!! bearbear2 06/20/18 04:35:57 PM
#77975   i wonder why on every PR News they keepdreaming132 06/20/18 04:03:23 PM
#77974   It’s coming TinyGreenSprout 06/20/18 03:50:24 PM
#77973   they give you their spin off Dividend like keepdreaming132 06/20/18 03:47:13 PM
#77972   I agree this is good. We received the WallStreetMyWay 06/20/18 01:49:37 PM
#77971   Another broke Stinky_Pinky, getting away with fraud Homebrew 06/20/18 01:45:28 PM
#77970   Maybe USMJ should pay their toxic convertible notes PRmaniac 06/20/18 01:17:47 PM
#77969   A dividend? That's hilarious! How can a company Bnzapilot 06/20/18 12:51:32 PM
#77968   July 3 we get a dividend. penny millionare 06/20/18 12:23:57 PM
#77965   usmj - 6 share authorization raises in a PRmaniac 06/20/18 12:04:18 PM
#77964   As a shareholder of USMJ and PURA this potofgold 06/20/18 11:48:28 AM
#77963   What 17B of 20B O/S don't tell me 2tommy2 06/20/18 11:12:32 AM
#77961   MUST CLICK - UPDATE FROM ACI https://www.aciconglomerated.com/pura/2018/6/19/pur Tommy099431 06/20/18 10:24:58 AM
#77960   Market cap is already too high. USMJ at PRmaniac 06/20/18 10:20:51 AM
#77959   Agreed! But there better not be a fred2207 06/20/18 10:20:04 AM
#77958   Idc, as long as it hits $1 or Tommy099431 06/20/18 09:39:28 AM
#77957   The Amazon of cannabis? OK I have marylandstockguy 06/20/18 09:12:10 AM
#77954   Good close! Are we about to run? Liuhisn 06/19/18 06:51:19 PM
#77952   i have no idea, im just going with keepdreaming132 06/19/18 02:41:30 PM
#77950   6 share authorization raises in a few short PRmaniac 06/19/18 01:48:13 PM
#77949   According to the latest figures available from the elkonig 06/19/18 01:38:10 PM
#77944   NOT AS Recent AS YOU SAY ScottAllen 06/19/18 12:20:31 PM
#77943   They issued billions and billion of new shares, PRmaniac 06/19/18 12:18:38 PM
#77942   They didn’t issue new so why is this ScottAllen 06/19/18 12:12:07 PM
#77941   i wouldn't call it opportunity for us or keepdreaming132 06/19/18 11:47:41 AM
#77940   Investors holding shares, as USMJ (the dilution nightmare), PRmaniac 06/19/18 09:59:14 AM
#77939   So what your saying is that 20B got weavor 06/19/18 07:46:47 AM
#77936  Restored Wake wake, lol, https://mobile.nytimes.com/2018/06/18/nyregion/new-york-marijuan micul 06/18/18 11:40:43 PM
#77934   https://www.mmjobserver.com/north-american-cannabis-holdings-inc-otcmktsusmj-and micul 06/18/18 08:43:26 PM
#77933   the more share authorize they have, the cheaper keepdreaming132 06/18/18 06:42:14 PM
#77932   Junk? What does this mean? Is this stock Tommy099431 06/18/18 05:23:41 PM
PostSubject