Dallas, TX – June 9, 2017 – North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA) are both now majority controlled by American Cannabis Innovations Conglomerated (ACI).  ACI acquired USMJ and PURA as the first of five planned acquisitions in a roll-up of publicly traded cannabis enterprises.  A key component of ACI’s strategy is to acquire companies with an undervalued market capitalization and to release the full appreciation potential of the acquired companies.  To do so, ACI will streamline operations that are redundant across the acquired companies, improve the caliber of funding terms to grow operations, and build a highly reputable consolidated brand recognition around the acquired operations that can contribute to accelerated sales and overall investor confidence. 
 
Steven Rash, CEO of ACI and USMJ Statement On Market Cap Enhancement Potential
 
“Washington shenanigans have stolen the spotlight from shinning on the economic growth potential that truly ‘Makes America Great,’ said Steven Rash, CEO of ACI and USMJ. “The American Dream is built on the opportunity for all to contribute to and benefit from economic prosperity.  The kind of economic prosperity that continually fuels the American Dream comes from fresh, new enterprises that fill economic voids building businesses were businesses have never been built before.  The new legal cannabis industry, where a short while ago no such industry existed, epitomizes the essence of the American Dream.  Renewable Energy solutions like those possible through the expanse of the Lithium industry to include new mining and new technology enterprises is another example of the type of industry that fuels the American Dream.  Blockchain technology that enables cryptocurrency controlled by no government is one more example.  And all of these American Dream essential enterprises are currently shadowed by the boisterous, unprecedented and counterproductive infighting of the US Federal Government.  I’m betting the US Government will soon be taking a summer holiday and the real business of entrepreneurial America will be back in the spotlight.  A little less Trump and a little more Marijuana, Lithium and Blockchain.  Once the Government goes on holiday, I anticipate the potential of ACI’s strategy for USMJ and PURA to be fully revealed.”
 
USMJ and PURA Upward Revenue Revisions and Recent Debt Eliminations
 
USMJ and PURA both published revised revenue forecast targets that included substantial increases to anticipated revenue based on the operational and investment structure changes coming with the ACI deal.  USMJ and PURA have also both recently announced substantial convertible debt eliminations that came with the ACI deal.
 
Learn More About PURA:                   purationinc.com
Learn More About USMJ:                   growusmj.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.
 
Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097
 
North American Cannabis Holdings Contact:
Steven Rash 
Phone: +1-972-528-0162 
Email: Info@growusmj.com
 


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