Wednesday, January 13, 2016 10:16:57 AM
Accesswire
1 hour ago
http://finance.yahoo.com/news/north-american-cannabis-holdings-inc-133900760.html
DALLAS, TX / ACCESSWIRE / January 13, 2016 / North American Cannabis Holdings, Inc. (USMJ) anticipates adding sales in the first calendar quarter of 2016 from a new sports and fitness nutritional supplements product line that will add to the Company's existing 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 increased PPS target.
The new sports and fitness nutritional supplement product line is targeted for shelves in retail stores and ecommerce sites separate from its AmeriCanna Cafe. 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.
A first glimpse of the new sports and fitness nutritional supplement product line will be presented on the Company's website tomorrow, Jan 14, 2016 by the Company CEO, Steven Rash.
The Company released an initial introduction of the coming product line on December 22, 2015. To view the introduction online presentation, follow the link below:
SPORTS & FITNESS NUTRITIONAL SUPPLEMENT PRODUCT PRESENTATION
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.
CONTACT:
Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com
SOURCE: North American Cannabis Holdings, Inc.
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