USMJ Announces 3 Year Cannabis Logistics Operations Contract With Kali-Extracts
June 10 2019 - 10:57AM
InvestorsHub NewsWire
USMJ Announces 3 Year Cannabis
Logistics Operations Contract With Kali-Extracts
Dallas, TX -- June 10, 2019 --
InvestorsHub NewsWire -- North American Cannabis Holdings, Inc.
(USOTC:
USMJ) (“USMJ”) today announced a three-year contract with
Kali-Extracts, Inc. (USOTC:
KALY) (“KALY”) to manage the production and distribution of
KALY’s Hemp4mula CBD Infused Candies. After years of cannabis
sector business incubation, USMJ transitioned late last year into
focusing on cannabis sector logistics services. To
demonstrate the caliber of their logistics capabilities, the
company launched its www.USMJ.com
Ecommerce site.
Hemp4mula is currently available for sale on the USMJ Ecommerce
site. Now USMJ will provide a more comprehensive array of
services to KALY managing the Hemp4mula line from inception through
distribution and in some cases, through end
sales.
KALY owns and
operates a U.S. Patented Cannabis Extraction Process.
KALY is primarily a biopharmaceutical
company focused on discovering, developing and commercializing
novel therapeutics from a proprietary cannabinoid product platform
in a broad range of disease areas. KALY has completed the
first stage of clinical development and testing for a Chronic
Obstructive Pulmonary Disease (COPD) therapy and is currently
conducting phase one development and trials for compounds targeting
Cancer Pain Management, Type 2 Diabetes and
Epilepsy.
KALY is not relying on its biopharmaceutical
development strategy alone to insure the company’s long-term
success. With the popularity of cannabis extracts for
infusion into various consumer products, KALY’s patented extraction
process offers arguably the highest quality extract to the infusion
market. Drawing on KALY’s patented cannabis extraction
expertise, in addition to recently winning a $5 million extraction contract, KALY
has partnered with Puration (USOTC:
PURA) to lend its extraction expertise in the production of
EVERx CBD Sports Water, the leading CBD infused beverage for the
sports nutrition market. KALY has also introduced its own CBD
confections line, Hemp4mula with CBD infused gum already on the
market and gummies on the way.
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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