UPDATE - USMJ Plans For WCVC To Lead Joint Cannabis Themed Restaurant Strategy
June 19 2019 - 11:18AM
InvestorsHub NewsWire
UPDATE - USMJ Plans For WCVC To
Lead Joint Cannabis Themed Restaurant Strategy
Dallas, TX -- June 19, 2019 --
InvestorsHub NewsWire -- North American Cannabis Holdings, Inc.
(USOTC:
USMJ) (“USMJ”) today issued an update to its press release
published Monday on its plans with West
Coast Venture Group, Corp. (WCVC)
(“WCVC”). The update is a clarification. The
reference to Illegal Burger’s menu in regard to the cannabis
additions should specifically indicate that Illegal Burger’s menu
additions include only Hemp Derived CBD additions. The press
release from Monday is included in its entirety below with the
update.
USMJ Plans For WCVC
To Lead Joint Cannabis Themed Restaurant Strategy
Dallas, Texas – June 17, 2019 – North
American Cannabis Holdings, Inc. (USOTC:
USMJ) (“USMJ”) today issued an update on its plans with
West Coast Venture Group, Corp.
(WCVC)
(“WCVC”).
WCVC $3 Million In
Annual Revenue With $0.07 PPS and $0.20 PPS
Potential
WCVC is the owner and operator of Illegal
Burger operating in cannabis friendly Colorado and introducing
their very own cannabis hemp derived CBD infused menu. WCVC
is a fully reporting company with audited financials reporting over
$3 million in annual revenue. Based on a recent analysis
published by WCVC, on conventional market comparable valuations,
WCVC can support a $0.20
PPS.
USMJ has piloted a concept restaurant
called The AmeriCanna Cafe. In a strategy to expand the
pilot, USMJ spun the AmeriCanna Cafe off into an independently
listed company, Priority Aviation, Inc. (USOTC:
PJET). In accordance with the spinoff deal, PJET is
undergoing a name change in conjunction with its new business
direction. Simultaneously, with the spinoff, USMJ entered
into a partnership with WCVC to advance the AmeriCanna Cafe
restaurant initiative. Based on WCVC’s momentum stemming from
WCVC’s management expertise in the restaurant industry, USMJ and
PJET management plan to give WCVC increased authority on the
overall AmeriCanna Cafe initiative. USMJ will provide
logistics services and PJET will work primarily as an investor on
the AmeriCanna Cafe initiative.
To learn more
visit www.USMJ.com
and www.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.
Steven
Rash
CEO
North American Cannabis Holdings, Inc.
info@aciconglomerated.com
+1-800-861-1350
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