New York, NY - June 27, 2017 - InvestorsHub NewsWire - Wall Street Corner Report
 
The PPS of both North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA) are hovering around their respective pivot points after weeks of steady accumulation.   The PPS of USMJ has consistently ranged from $0.0004 to $0.0006 with millions of shares of accumulation each day.  The PURA PPS has also maintained a steady range trading between $0.02 and $0.03 with millions of shares of accumulation each day.  USMJ broke above $0.001 in February this year while PURA broke above $0.09 at the same time.  Since then, both Companies have experienced the cannabis sector wide Attorney General Jeff Sessions marijuana doom and gloom factor.  After being allocated no funds for marijuana enforcement, the cannabis sector is showing signs of picking up.  Other cannabis sector companies in the news this week showing signs of a revival include: PotNetwork Holding Inc. (OTC: POTN), Hemp Inc. (OTC: HEMP) and Medical Marijuana Inc. (OTC: MJNA)
 
USMJ Potential To Break $0.001 to an Upside of $0.01, and PURA Potential To Break $0.09 to an Upside of $0.20
 
The USMJ WTD AVG PPS over the past year is $0.0006 and the PURA WTD AVG PPS over the past year is $0.03.  Both Companies have consistently released news with ongoing positive developments and indicators for both Companies point to increased revenue coming in the second half of 2017.  Technical trading analysis indicates a Bullish market for both stocks.  USMJ is reported currently by Stock Technical Analysis as “VERY BULLISH.”  BullishInvestor states the following in its report on PURA: “This stock now finds itself with a new BULLISH rating and is worthy of a new look from a technical analysis perspective … it may be a wise decision to consider PURA at these price levels.” 
 
With Jeff Sessions gloom starting to fade and consistent good news, USMJ and PURA have the potential to return back to February highs.  The recent balance sheet bolstering both Companies received from American Cannabis Innovations Conglomerated could have USMJ breaking through its $0.001 February high to a $0.01 upside, and PURA breaking through its $0.09 February higt to a $0.20 upside.
 
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
 



 

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