North American Cannabis Holdings Inc (USMJ)

[LeGoose]

Nice news out this morning! Let's see if we can get to 0.0003 today.

http://ih.advfn.com/p.php?pid=nmona&article=71419826


NORTH AMERICAN CANNABIS HOLDINGS INC. ANNOUNCES $1M INVESTMENT AGREEMENT TO FUND AMERICANNA CAFE FLAGSHIP STORE IN FRISCO TEXAS

North American Cannabis Holdings Inc. Announces $1M Investment Agreement To Fund AmeriCanna Cafe Flagship Store In Frisco Texas New Home of Dallas Cowboys

Dallas, TX -- May 10, 2015 -- InvestorsHub NewsWire -- North American Cannabis Holdings, Inc. (USMJ) today announced inking a $1 million investment agreement to fund its flagship AmeriCanna Cafe.

In June of last year, USMJ announced the launch of the AmeriCanna Cafe a destination beverage franchise designed to let consumers interface with trained staff to learn about the specific benefits of cannabis and to select healthy and refreshing cannabis infused beverages. The menu is initially intended to include custom blended hemp infused coffee, cold pressed juices and smoothies in addition to carrying raw hemp seeds and other hemp and hemp extract infused foods. As state and federal law permits, management plans to add THC infused beverages and foods to the menu.

Shortly after the launch of the AmeriCanna Cafe, USMJ announced the strategic acquisition of an existing ten-year-old health and fitness smoothie cafe located within the Dallas metroplex ringing approximately half a million dollars in annual retail sales. The health and fitness retail restaurant operation has brought decades of industry experience and a platform for menu development.

Next, in August of 2015, the Company announced selecting a site in Frisco, Texas to open the first AmeriCanna Cafe. Frisco, Texas has been recognized in recent years by Forbes as one of the top 10 places to relocate and by Money Magazine as one of the top 100 places to live. Frisco, Texas is also the new home of the Dallas Cowboys with the Clubs new facility opening this summer. Frisco is already home to the Dallas Stars and FC Dallas.

The investment agreement is predicated on USMJ finalizing the acquisition of the property that will house the flagship AmeriCanna Cafe. The land and improvements will secure the investment.

More details on the Companys latest plans for the AmeriCanna Cafe are included in a CEO Presentation released on the Companys website last week. The Presentation was conducted jointly with the CEO of Puration, Inc. (PURA). PURA will be the source of Hemp Extracts found on the AmeriCanna Cafe Menu:

USMJ and PURA RELEASE JOINT CEO PRESENTATION



Learn more about Puration, Inc. and keep up to date on the rapid changes anticipated throughout 2016 on the Company's website: http://www.purationinc.com/.

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: https://twitter.com/US_HEMP.