Monday, November 05, 2018 9:53:20 AM
PJET Jumps 300% On USMJ PURA and WCVC Deals
New York, NY -- November 5, 2018 -- InvestorsHub NewsWire -- Priority Aviation (USOTC: PJET) is transitioning into the cannabis sector. The transition started last year and has been creeping along at a snail’s pace until last week when it was part of three major announcements that substantially accelerated the transition and saw the stock jump up 300% to $0.002. The PPS has since pulled back to $0.001 offering an entry point for new investors to enjoy gains to possibly over a penny.
PJET acquired from North American Cannabis Holdings, Inc. (USOTC: USMJ), the AmeriCanna Cafe, and the very next day, PJET sold its Telluride Health Company subsidiary to Puration, Inc. (USOTC: PURA). Just prior to the PJET and USMJ transaction, USMJ announced the AmeriCanna Cafe business entering into a deal with West Coast Venture Group, Corp. (OTCQB: WCVC). WCVC owns and operates 5 restaurants to the tune of $3 million in annual sales all in the Denver, Colorado region. WCVC and PJET have partnered to rollout AmeriCanna cafe restaurants in Colorado near marijuana dispensaries. PJET now owns a substantial asset and even with a 300% PPS increase, PJET is probably still undervalued. Seeing PJET head above a penny would not be an overwhelming surprise. The PJET partnership should also bode well for WCVC by bringing WCVC into the burgeoning cannabis sector. By adding PJET to the USMJ and PURA fold, both USMJ and PURA enhance their existing businesses with a new public holding company family member that can contribute to the USMJ and PURA brand exposure and offer another sales channel for existing USMJ and PURA products.
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