USMJ and ALYI Management To Meet In Miami This Week To Take Next Steps Rolling Out Cannabis Retail Payment System

North American Cannabis Holdings and Alternet Systems Management To Meet In Miami This Week To Take Next Steps Rolling Out Cannabis Retail Payment System

Dallas, TX – January 10, 2017 - InvestorsHub NewsWire – North American Cannabis Systems, Inc. (USMJ) today announced management meetings taking place this week in Miami with Alternet Systems, Inc. (ALYI) to advance the transaction executed between the two Companies last month.  Specifically, on December 20, 2016, USMJ and ALYI announced a share exchange agreement between the two companies structured to launch a cannabis retail payment system to be offered by ALYI:
 
North American Cannabis Holdings and Alternet Systems Enter Cannabis Retail Payment System Sector Anticipated To Ring $50 Billion In Sales By 2026
 
The meetings this week are intended to facilitate specific next steps leading to the execution of the cannabis retail payment system business plan in addition to the contractual exchange of securities, one of which is intended to result in a dividend distribution of ALYI common stock to USMJ shareholders.  The two management teams expect to publish a joint shareholder presentation next week following this week’s meetings.
 
USMJ recently published an online shareholder update following the transaction with ALYI. The presentation is available on the Company’s websites and by clicking on the link below. The presentation is titled:
 
MARIJUANA RULES
 
ALYI Financial Software Development Track Record
 
Alternet has a long-term track record in developing innovative financial services industry software solutions.  The company is guided by a team of executives specializing in entrepreneurial endeavors, innovation, corporate strategy, financial and executive management of multi-national organizations, and a vast network of industry resources.  Alternet recently developed a unique financial services solution which was successfully sold allowing the Company to realize a 47% ROI. 
 
To learn more about North American Cannabis Holdings:     growusmj.com
Follow the Company on Twitter:                                             US_HEMP 
 
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.


USMJ Contact:
Steven Rash 
Phone: [phone] 
Email: [e-mail]