USMJ and PURA Both Rated VERY BULLISH After Cannabis Restaurant and Beverage Announcement
October 19 2017 - 10:29AM
InvestorsHub NewsWire
New York, NY
-- October 19, 2017 -- InvestorsHub NewsWire -- North
American Cannabis Holdings, Inc. (USMJ)
and Puration, Inc. (PURA)
have both been rated VERY BULLISH by Stock Technical Analysis
(stockta.com) based on a
candlestick analysis of recent trading following the joint
announcement from the two companies regarding their respective
focus on the Cannabis Restaurant and Beverage industries:
North American Cannabis Holdings
Sets Sights On Cannabis Friendly Restaurant Market and Puration
Takes On Cannabis Beverage Industry
Excerpts from the Tuesday, October 17, 2017 announcement:
USMJ’s Cannabis Friendly
Restaurant Plus Strategy
Going forward, USMJ will focus
exclusively on the cannabis friendly restaurant sector. The
AmeriCanna Cafe will be the center peace of USMJ’s restaurant
focus. Plus … USMJ will keep a foot outside the cannabis
market. USMJ will develop a completely separate non-cannabis market
related restaurant focusing on the health and fitness sector.
Stay tuned for more to come on the separate health and fitness
restaurant initiative.
USMJ’s AmeriCanna Cafe -
Taking a Partner on the Road
AmeriCanna Cafe will move forward with
a partner yet to be identified and with a food truck expansion
plan. USMJ is in discussions and looking to enter more
discussions with celebrities to co-brand with the AmeriCanna
Cafe. Picture a branded food truck with “Celebrity Name’s
AmeriCanna Cafe” on the side, pulled up outside a dispensary
selling smoothies to which consumers can add the cannabis oil they
just purchased, in addition to a gourmet munchie menu.
PURA Beverage Industry
Focus
PURA has had a good year with the Mach
launch of EVERx at Arnold Schwarzenegger’s Arnold Sports Festival,
and subsequently with getting EVERx on shelves at Drug Emporium.
Now EVERx is also available for sale online at DrinkEverx.com. EVERx has two bottled
waters under its brand name at this time – EVERx CBD Infused Sports
Water and EVERx Alkaline Sports Water. One foot in the
cannabis market and one foot sustaining business outside the
cannabis market. Both under the same brand name, and both
bottled by the same co-packer. At this very moment, EVERx is
producing its first two CBD Infused flavored waters to be available
everywhere EVERx is currently sold.
PURA Beverage Line Expansion
Organically and through Acquistion
PURA originally set out to market its
patented cannabis extract for infusion into the consumer products
produced by other companies. With very few cannabis infused
products on the market at this time, PURA ended up working closely
with partners to develop beverages that would use PURA’s
proprietary extract. The first product PURA got to market, it
actually designed and produced itself. Building on the
success of EVERx, PURA now plans to expand by exclusively focusing
on the beverage industry and building additional branded beverage
products for market segments that are complimentary to EVERx’s
sports and fitness focus. In keeping with the one foot in and
one foot out strategy, some of the beverages will be cannabis
infused and some will be for markets outside the cannabis
sector. PURA plans to both develop new beverage lines
organically as well as pursuing opportunities to acquire existing
beverage companies. Stay tuned for more news coming soon on
new beverage lines under development both organically and threw
merger and acquisition.
Learn more about USMJ and PURA by visiting:
http://www.aciconglomerated.com/
Stock Technical Analysis also tracks the candlestick performance of
Potnetworks Holdings, Inc. (
POTN),
HEMP,
Inc. (
HEMP),
Medical Marijuana, Inc. (
MJNA).
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.
Source:
www.nextbigticker.com
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