USMJ Reports 23% Revenue Growth To Over $1 Million With Nearly 10% Net Profit
October 15 2019 - 11:01AM
InvestorsHub NewsWire
USMJ Reports 23% Revenue Growth To
Over $1 Million With Nearly 10% Net Profit
Dallas, TX -- October 15, 2019 --
InvestorsHub NewsWire -- North American Cannabis Holdings, Inc.
(USOTC:
USMJ) (“USMJ”) today announced reporting $1,059,471 in revenue
for its fiscal year end June 30, 2019 compared to $858,175 for the
previous year end. The revenue for USMJ increased 23% from
2018 to 2019. USMJ also reported $96,220 in net profit for
the year ended 2019. Much of the growth is attributed to
USMJ’s new eCommerce site, www.USMJ.com selling a variety of CBD products
and cannabis essentials. USMJ eCommerce sales include
EVERx
CBD Sports Water from Purtion, Inc. (USOTC:
PURA) and Hemp4mula candies from Kali-Extracts (USTOC:
KALY). On Friday, October 18th, 2019, USMJ
management plans to publish a comprehensive update on the companies
year to year performance and plans for the
2020.
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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