North American Cannabis Holdings Inc (USMJ)

[$Pistol Pete$]

$USMJ USMJ Expects To Augment $420,000 Annualized Sales Q1 With Sports And Fitness Nutritional Supplements

Source: InvestorsHub NewsWire


DALLAS, TX -- January 12, 2016 -- InvestorsHub NewsWire -- North American Cannabis Holdings, Inc. (USMJ) anticipates adding sales in the first calendar quarter of 2016 from sports and fitness nutritional supplements augmenting its existing $420,000 in annualized retail cafe sales. The Company announced in December the introduction of sports and fitness nutritional supplements as part of a strategy to bolster the rollout of the AmeriCanna Cafe national chain. The rollout is expanding on the foundation of the Company’s acquisition of the Dallas Metroplex City Blends Cafe, that served as the impetus for a recent analyst coverage upgrade to a 'speculative buy' recommendation and $0.15 PPS target. The Company’s previously announced sports and fitness nutritional supplement product line to be sold outside of its AmeriCanna Cafe stores is anticipated to initiate sales within the current calendar quarter. The product line is expected to accelerate overall sales growth, improve overall profit margin and augment total achievable revenue. The product line brand name, the first retail shelf space, and strategic market partnerships are expected to be announced in a series of releases over the coming weeks.

About North American Cannabis Holdings, Inc.

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 finding the best possible applications for cannabis to serve consumers. For more information please visit http://www.growusmj.com.

Follow the company on Twitter: http://twitter.com/US_HEMP.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.


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