$USMJ USMJ: Hot Topic Around Wall Street Water Coolers: Two $30 B Market Opportunities Come Together - Cannabis and Sports Nutrition
Source: InvestorsHub NewsWire
North American Cannabis Holdings: Hot Topic Around Water Coolers On Wall Street: Bringing Two $30 Billion Market Opportunities Together - Cannabis and Sports Nutrition
New York, New York - February 10, 2016
Source: Wall Street Corner Special Situation Report
Allied Market Research published a new report titled, "World Sports Nutrition Market - Opportunities and Forecasts, 2014 – 2020," with a $33.6 billion revenue outlook for the industry in 2020 with a CAGR of 7% between now and then.
According to an article published in Inc. Magazine, the legal cannabis sector is anticipated to reach $30 billion by 2019.
The Business Insider just published an article on the benefits of cannabis to Athletic performance.
North American Cannabis Holdings, Inc.’s (USMJ) recent introduction of a cannabis infused sports and fitness nutritional supplement line of consumer products under the brand name EVERx has the makings of a major industry game changer. The Company’s plan includes plans to recruit NFL Player sponsorship. The Company has announced ongoing negotiations with an Authorized NFL Agent.
The Allied Market Research Report profiles some big players jockeying for position in the sports nutrition market to include The Coca-Cola Company (KO), Abbott Nutrition Inc (ABT), PepsiCo Inc (PEP), Glanbia plc (GLAPF), Reckitt Benckiser Group plc (RBGPF), Yakult Honsha Co., Ltd, Post Holdings, Inc (POST), GNC Holdings (GNC), Clif Bar & Company and Otsuka Pharmaceuticals Co., Ltd.
North American Cannabis Holdings anticipates getting EVERx on shelves before the end of the first quarter in 2016. EVERx is also expected to be available on line soon.
North American Cannabis Holdings, Inc. may have just discovered a blue sky opportunity. USMJ is one to watch.
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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