USMJ Amazon of Cannabis Business Plan And Upcoming Shareholder Dividend Rapidly Advance

Dallas, TX -- June 20, 2018 -- InvestorsHub NewsWire -- North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA) recently published a shareholder update presentation detailing a major strategic update that includes a USMJ spinoff and dividend distribution of spinoff stock to USMJ shareholders as well as a PURA spinoff and dividend distribution of spinoff stock.to PURA shareholders.  Management has identified and reached agreement in principle with a target, independently listed public company to exchange USMJ’s AmeriCanna Cafe business operation for a majority stock interest in the independently listed public company.  A portion of the stock in the independently listed public company will be issued in a dividend distribution to the shareholders of USMJ.  An announcement revealing the target independently listed target company is scheduled for July 3, 2018.  A similar transaction with a separate independently listed public company is in the works for PURA where PURA will exchange its cannabis cultivation operation in exchange for a majority stock interest in the target independently listed public company and likewise distributed a portion of the acquired stock to the shareholders of PURA.

Highlights From Recent USMJ and PURA Shareholder Presentation

“USMJ Management has developed a strategy to enter a new line of business well suited to USMJ’s history and at the same time, spinoff USMJ’s AmeriCanna Cafe restaurant operations into a standalone publicly listed company in a transaction to include a dividend issuance of stock from the independently listed restaurant company to the shareholders of USMJ … USMJ’s primary business operation moving forward will be ecommerce … The vision for the company is to become the Amazon of cannabis.”

“Last year, PURA introduced EVERx CBD Infused Sports Water as an evolution of the company’s cannabis extraction business … PURA has recently designed a THC infused beverage named THCSavor … In a strategy to extend the company’s extraction business upstream into cultivation, PURA acquired a grow operation last year and recently acquired an additional cultivation business in Canada … PURA management now plans to spinoff its cultivation business into a standalone, independently listed company and concentrate PURA’s ongoing operations on expanding its cannabis infused beverage business.”  

For more information on North American Cannabis Holdings and Puration, visit http://www.aciconglomerated.com/.

Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.

For More Information, Contact:
Steven Rash
[e-mail]
1-800-861-1350