North American Cannabis Holdings Advises Shareholders of Event-Filled December

Dallas, TX -- December 6, 2016 -- InvestorsHub NewsWire -- North American Cannabis Holdings, Inc. (USMJ) today issued a statement advising shareholders of an event-filled December. This month, the Company anticipates completing its first dividend transaction; initiating two more spin-off’s leading toward additional dividend issuances in 2017, and announcing a strategic acquisition that brings new talent and experience to further accelerate the Company’s business plan in 2017. Below is CEO Steven Rash’s message to shareholders about what to expect this month:

USMJ has come a long way since entering the cannabis sector in in the fall of 2013 when we first started planning the initial cannabis enterprise pilots we would launch in 2014. In 2014, we were recognized in a National Public Radio (NPR) feature as the largest hemp grower in the State of Vermont in the first year hemp cultivation was once again legal in the United States. We ventured into growing medical marijuana in Maine and we have piloted a number of cannabis related technologies.

Our intent when we started out in 2013 was to pilot various cannabis enterprise pilot projects looking for one business on which we would consolidate resources and focus. What we found instead, is that the cannabis sector needs a platform to give cannabis entrepreneurs the necessary tools to develop new and big ideas in a brand new field – legal cannabis.

We have since been developing an approach and learning through experience how to connect investors, shareholders and entrepreneurs in a business model that continuously pilot’s cannabis sector enterprises while balancing risk and reward. Our experience with Puration, Inc. (PURA) has been an exercise in honing such a business model. USMJ entered into a joint venture with NaturesComfortMeds (NCM), then saw NCM patent its extraction technology after which USMJ spun-off the NCM joint venture into PURA for PURA to develop a commercial operation around the NCM technology, and at the same time, USMJ initiated a dividend issuance of PURA stock to USMJ shareholders. One of the events in this anticipated event-filled December is the issuance of that dividend to USMJ shareholders.

The experiences in Vermont and Maine, and with PURA have had their ups and downs. Entrepreneurial business development rarely goes smoothly. In hindsight, several steps might have been taken differently in the NCM and PURA pilot and spin-off path. The lessons learned with PURA have been applied to USMJ’s cannabis enterprise launch pad business model going forward. Shareholders will be able to see the application of those lessons in the consummation of the anticipated transaction with Alternet Systems, Inc. (ALYI) – another of the events expected in this event-filled December.

With the last three years of experiences under our belt, and a consolidated focus on continuous cannabis launch pad operations, we have identified a strategic acquisition that will bring to USMJ more sales and marketing talent and experience in order to accelerate and further innovate our launch pad model in 2017. In this coming event-filled December, look for an announcement on this strategic acquisition.

With this strategic acquisition in the works intended to accelerate USMJ’s cannabis enterprise launch pad model in 2017, we plan to get set the stage for 2017 this December. Look for USMJ to announce another spin-off in the works in addition to ALYI. We have made substantial strides towards launching another standalone public operation independent of USMJ and generating yet another dividend opportunity for USMJ shareholders. Making December even more event-filled, USMJ anticipates announcing a third spin-off and dividend transaction in addition to the PURA and ALYI transactions, before the end of this year.

To learn more about North American Cannabis Holdings: www.growusmj.com

Follow the Company on Twitter: 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.

USMJ Contact:
Steven Rash
Phone: +1-972-528-0162

North American Cannabis (CE) (USOTC:USMJ)
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