New York, NY – October 5, 2017 – North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA) trading has recently seen moderate volume and price increases in what looks like the early stages of a building PPS climb.  A September 22, 2017 announcement by USMJ and PURA partner, City Blends, made with little fanfare, might be the impetuous behind building momentum.  Some investors doing deeper research may have noticed the subtle announcement by City Blends that looks like it could be a major boost to USMJ and PURA business, and them begun accumulating in anticipation that the boost to business would become apparent later and be reflected in a corresponding boost to share price.
 
In 2015, USMJ acquired a flagship City Blends restaurant as part of a strategy to develop their AmeriCanna Cafe concept restaurant.  USMJ later spun off a cannabis extraction business into what is now PURA.  Earlier this year, PURA launched EVERx CBD Infused Sports Water.  Recent EVERx distribution announcements have been in the news – like the availability of EVERx at Drug Emporium.
 
On September 22, 2017, City Blends announced going into the distribution business with the opening of a new 22,000 square foot facility in North Texas slated to open on October 1, 2017.  This new distribution center just might be a secret weapon for USMJ’s AmeriCanna Cafe business and PURA’s EVERx distribution.
 
With a strong and established partner now in the distribution business, combined with the retail AmeriCanna Cafe strategy and the EVERx product line, USMJ and PURA could dominate competitors like Rocky Mountain High Brands (USOTC: RMHB) and Potnetwork Holdings (USOTC: POTN).
 
USMJ and PURA announced earlier this week plans to present a shareholder update on October, 17, 2017 where the companies will release details on a strategic shift in business concentration designed to enhance shareholder value.  The following statement was included in the press release:
 
Stock Technical Analysis (stockta.com) rates USMJ as “BULLISH” and American Bulls (americanbulls.com) recently issued a “BUY” recommendation for PURA. 
 
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.
 
Source: wolfwrangler.com

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