American Diversified Holdings Corporation ("ADHC"-OTC) To Unveil Cannabis Ecommerce website on 12-13-2018
Del Mar, CA -- November 15, 2018 -- InvestorsHub NewsWire -- American Diversified Holdings Corporation (USOTC: ADHC) announced today that the company will be unveiling its Cannabis Ecommerce website on Thursday 12-13-2018. ADHC web developers have been creating a state of the art ecommerce website over the last few weeks and are currently beta testing the shopping cart and web interface.
The first step for ADHC is to develop a distribution model to provide CBD Infused beverages to the US consumer markets primarily through ecommerce technology. US Federal Regulations are rapidly evolving in the Cannabis arena. With the Canadian legalization and legalization in many large US states, there will be tremendous motivation for the US congress to fully legalize Cannabis. Analysts have estimated the legal Cannabis business could well exceed $50 billion in the US alone. When this occurs American Diversified Holdings Corporation "ADHC" will be very well positioned to capitalize on the billions of dollars of business in the legal cannabis industry.
In additional news the company is creating a new website for it's bio device division developing the AURACIStm TENS migraine treatment device. More exciting updates will follow in the coming weeks.
ADHC management is meeting with Cannabis growers, suppliers and technology providers for the Cannabis business sector. In addition to our cannabis infused beverages, we are targeting growing operations as acquisition candidates particularly in Canada where there are no government restrictions, while management is actively monitoring and excited about the new developments in Washington that shows a positive change toward Cannabis sector. Management has been working diligently with our partners to setup up a solid operating business with strong potential for enhancing shareholder value.
OTC-QB Up-listing; ADHC has met with our SEC counsel and SEC Auditors and has received proposals to provide the necessary audits and legal filings to up-list to the OTC-QB. Management believes that trading on the OTC-QB will provide significant advantages to building shareholder value by attracting more institutional investors, providing more transparency to the market and creating a more appealing investment opportunity for raising capital and broadening our shareholder base.
ADHC is a holding company that provides executive management, corporate governance, administrative support, financial advice, and introductions to capital sources to various micro-cap private and public companies that have proven revenues and business models.
This press release contains forward-looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include risks and uncertainties that may cause the Company's plans to change and are in no way intended to guarantee that the Company will be successful in executing its plans. common stock currently trades on the over-the-counter under the symbol ADHC. This press release in no way constitutes any recommendation regarding the securities of ADHC or its affiliates. Any person reading this press release is advised that this release should be considered in the light of all facts and circumstances regarding the business and financial condition and prospects of ADHC, and no reference has been made that this release contains all information.
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