found this INTERESTING;When we started USMJ back in 2013, we did so with a spirit of an entrepreneurial explorer. We felt the industry had no predetermined answers in regard to what products consumers would want or what the value chain might look like that produced those products. We've experimented with far more production and product applications than those we have brought to market. We have more ongoing enterprise experiments in the works than any shareholder knows about today. The products and processes that the USMJ family of companies has brought to market have been thoroughly vetted and now lead within their niche segment. The USMJ brand name stands out in the cannabis industry. That brand name will soon be the center of a major cannabis sector ecommerce site. USMJ developed and spun off what is today Puration (PURA), the leading producer of a hemp-derived CBD infused sports beverage called EVERx. The work with EVERx advance a patented cannabis extraction process which is today housed under the company Kali-Extracts (KALY). In an effort to develop high-quality cannabis for extraction and infusion, we built or own cultivation operation working today on the development of a proprietary cultivar. The cannabis cultivation
operation is housed under Nouveau (NOUV). One of my favorite projects has been the AmeriCanna Cafe. I enjoy the retail interface and the opportunity to hear from the cannabis community first hand. The AmeriCanna Cafe concept restaurant is now housed under the public entity, Priority Aviation (PJET) and yes, we plan to change the name of the public holding company. The majority interest positions in USMJ, PURA, NOUV, and PJET are all held by ACI Conglomerated. ACI stands for American Cannabis Innovations and in addition to being the CEO and Chairman of USMJ, I am also the CEO and Chairman of ACI Conglomerated. The original owner of the cannabis extraction patent, through his company NCM Biotech, is an individual named Frederick Ferri. We have been working with Fred for years even before the merger of NCM Biotech into KALY. PURA has the sole license of the patent and we consider, Fred and KALY part of the family. We formalized our relationship with Fred and KALY through the US Cannabis Health joint venture between PURA, NOUV and KALI where the three companies are working together to forge partnerships with pharmaceutical companies and with the pharmaceutical partnership, produce new pharmaceutical products that include cannabis concentrates.
