USMJ and PURA Enter 2017 With BULLS In Control – Coming Cannabis Rally Could See PURA Break $0.10 and USJM Break $0.001

New York, NY – January 4, 2017 – InvestorsHub NewsWire Wall Street Corner Report

North American Cannabis Holdings, Inc. (OTC:USMJ) and Puration, Inc. (OTC:PURA) are both experiencing incremental PPS gains on healthy trading volume. Candlestick Analysis for both stocks continues to signal VERY BULLISH (StockTA.com). A cannabis sector rally is in the wings and both USMJ and PURA are wound tight and ready to spring when the cannabis sector rally finally arrives.

Potential Rally Triggers That Could See PURA Break $0.10 and USMJ Break $0.001

On December 28, 2016, Seeking Alpha published an article detailing a coming cannabis rally that could simply be triggered by the “January-Effect” when stocks rebound from December “Tax-Loss-Selling.” The article recommends looking for cannabis stocks trading at calendar year-end lows on high volume.

PURA’s volume is up dramatically with the current PPS edging above $0.02 after hitting a high of $0.06 in the pre-election cannabis rally. USMJ is enjoying buy-side heavy trading volume between $0.0003 and $0.0004 after reaching a high of $0.0007 in the pre-election cannabis rally. Wall Street Corner Reporter believes the next cannabis sector rally can see PURA’s PPS break $0.10 and USMJ’s PPS break $0.001.

Some analysts suggest the recent Trump-Rally may be in for a correction with the reality of the coming inauguration catching-up with the market enthusiasm for policy changes that will take years to actually implement. Others think a correction will be triggered by the coming year-end financial reports that will no-doubt be the same reports that would have been published regardless of which candidate won the election. Big board corrections often trigger a counter rally on the OTC, and the OTC cannabis sector stocks are the likely leaders in any such counter rally.

What Other Market Analysts Are Saying About USMJ and PURA

“The stock price direction for the day for PURA is UP. The stock is experiencing a strong uptrend as of late, with an increase of more than 10 percent in the last three days.” (BullishInvestor.com)

“The bulls are in full control [of PURA]. The negative sentiment that led to the last bearish pattern has evaporated … Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 12/29/2016, 5 days ago, when the stock price was 0.0201. Since then PURA has risen by +6.47%.” (AmericanBulls.com)

“[USMJ] is experiencing an uptrend as of late, with an increase of more than 15 percent in the last five days … The Parabolic SAR indicator for this stock is currently showing a bullish reading … Parabolic SAR works best in trending markets … The particular value in the Parabolic SAR is that it allows investors to catch new trends relatively early.” (BullishInvestor.com)

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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.

Jack Taylor
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