North American Cannabis Holdings Inc (USMJ)

[sricket]

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.

UPDATE: USMJ is increasing its AmeriCanna Cafe sales forecast based on the expansion of the business model to include selling AmeriCanna Cafe products outside of the restaurant. We believe this product line expansion could double the existing forecast anticipated from restuarant operaitons alone.

http://www.growusmj.com/revenue-and-dividend/