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USMJ North American Cannabis Holdings Inc (CE)

0.000001
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
North American Cannabis Holdings Inc (CE) USOTC:USMJ OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.000001 0.000001 0.000001 85,586 01:00:00

North American Cannabis Holdings Acquires Brand Name Flagship Health Beverage Café With 10-Year Operating History

30/06/2015 2:03pm

InvestorsHub NewsWire


Acquisition Serves As Foundation To North American's 'AmeriCanna Café;' A National Healthy Cannabis Destination Beverage Franchise

DALLAS, TX -- June 30, 2015 -- InvestorsHub NewsWire -- North American Cannabis Holdings, Inc. (USMJ) today announced a strategic acquisition that is the cornerstone of the Company's recent 'AmeriCanna Café' launch.   The destination beverage business plan and the acquisition announced today have been in the works for over a year.  The acquisition brings almost a half a million dollars in immediate annual revenue, decades of experience and expertise in the health beverage market and access to an established sales, marketing, distribution and operations infrastructure.

The acquired Dallas Metroplex located health beverage café is the flagship licensee of the CityBlends smoothie and juice bar brand.  CityBlends has a nationwide network of over 300 licensed smoothie and juice bar operators in addition to a growing global presence. 

"The Dallas Metroplex store acquired by North American Cannabis Holdings is a longtime CityBlends leader and an ideal operation to work with in innovating a new beverage line," said Stephanie Suddarth, CityBlends President.



"Our cannabis beverage pilot and trials have provided us the hands on research to know our destination beverage plan is a sound, strategic opportunity.  Today's acquisition provides North American Cannabis Holdings a great big leg up on the competition in the growing cannabis beverage market," said Steven Rash, North American Cannabis Holdings, CEO.

The Company plans to release a detailed overview of the AmeriCanna Café business plan in the coming days now that today's acquisition has been completed.

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 www.growusmj.com.

Follow the company on Twitter: https://twitter.com/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.

Contact:
Mike Murphree
Phone: +1-972-528-0162
Email: mike.murphree@americanseedandoil.com

 

 

 

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