North American Cannabis Holdings Acquires Brand Name Flagship Health Beverage Café With 10-Year Operating History
June 30 2015 - 9:03AM
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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