USMJ North American Cannabis Holdings Inc (CE)

DALLAS, TX -- September 29, 2015 -- InvestorsHub NewsWire -- North American Cannabis Holdings, Inc. (USMJ) today announced the initiation of research coverage by Caprock Research. The report, available on the Companys website, includes an accumulate recommendation and a near term target price per share of $0.15 with a long term target price per share of $0.55. The analysts recommendation is tied to an assessment of the potential for the Companys price per share to retrace recent declines and penetrate resistance at approximately the $0.015 per share range.

See the full report on the Companys website: http://www.growusmj.com/research/

Caprock Research has been engaged by North American Cannabis Holdings to conduct ongoing analyst research.

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: http://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:

Phone: +1-972-528-0162
Email: Info@growusmj.com