ALYI Cannabis Point Of Sale System To Process USMJ AmeriCanna Cafe Product Sales At Southwest Cannabis Conference And Expo
April 04 2017 - 8:45AM
InvestorsHub NewsWire
Alternet Systems
Cannabis Point Of Sale System To Process USMJ AmeriCanna Cafe
Product Sales At Southwest Cannabis Conference And Expo April
22-23
Dallas, TX -- April 4, 2017 -- InvestorsHub NewsWire -- North
American Cannabis Holdings, Inc. (USOTC:
USMJ), commonly known as “USMJ,”
and Alternet Systems, Inc. (USOTC:
ALYI) today announced that Alternet Systems retail
point of sale system designed specifically for the cannabis sector,
will be on display and processing orders for USMJ’s AmeriCanna Cafe
display at the upcoming Southwest Cannabis Conference
and Expo In Fort Worth, Texas April 22-23.
Coming Dividend Distribution Of ALYI Stock To USMJ
Shareholders
At the end of 2016, USMJ and ALYI entered into a share exchange
agreement orchestrated around capitalizing ALYI to launch a retail
payment system specifically designed for the cannabis
industry. The exchange included a reservation of ALYI common
stock to be issued to USMJ shareholders in a dividend
distribution. The dividend distribution of ALYI common stock
will be the second dividend distribution to USMJ
shareholders. Last fall, USMJ issued common stock in Purtion,
Inc. (USOTC:
PURA) to USMJ shareholders in an earlier dividend
distribution.
USMJ recently announced the official launch of its AmeriCanna Cafe
to take place at the Southwest Cannabis Conference and Expo.
USMJ will display a sample AmeriCanna Cafe store front at the EXPO
to include the ALYI retail payment system. The purpose of the
AmeriCanna Cafe conference participation is to solicit and develop
partnerships to open multiple AmeriCanna Cafe restaurant
operations. The AmeriCanna Cafe will be serving CBD infused
smoothies to EXPO attendees.
Learn More About
USMJ:
growusmj.com
Learn More About
PURA:
purationinc.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.
North American Cannabis Holdings Contact:
Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com
North American Cannabis (CE) (USOTC:USMJ)
Historical Stock Chart
From Mar 2024 to Apr 2024
North American Cannabis (CE) (USOTC:USMJ)
Historical Stock Chart
From Apr 2023 to Apr 2024