MMJ Observer Features North American Cannabis Holdings (OTCMKTS: USMJ)
October 04 2018 - 9:57AM
InvestorsHub NewsWire
North American Cannabis Holdings Inc (OTCMKTS:USMJ)
Launches Online Retail and Wholesale Cannabis Products
By Jon
Slotnick / in Marijuana / on Thursday, 04 Oct 2018 08:20
AM -- InvestorsHub NewsWire -- North American Cannabis
Holdings Inc (OTCMKTS:USMJ) has
announced the launch of a new website that hosts online retail
cannabis and wholesale cannabis products as well as service
offerings. The company aims to support the retailers and
restaurants by offering cannabis related services and
products.
USMJ will also launch an
online portal for the sale of cannabis related services and
products to the customers. The newly introduced website also caters
to the needs of wholesale customers. The company is putting in
considerable efforts to increase wholesale capacity and boost
sales.
North American Cannabis Holdings Inc Spins of
Restaurant Subsidiary
North American Cannabis
Holdings Inc has divulged plans to spin off the restaurant
subsidiary to support the expansion of wholesale and retail
cannabis online. The spin-off value is estimated at $1.5 million.
The company will complete the spin-off by September 30,
2018.
North American Cannabis Holdings Inc Forecasts
Explosive Growth in The Next 2 Years
North American Cannabis
Holdings Inc is expected to report robust growth in the coming 24
months. It is anticipated to report excellent results of $140
billion by the year 2027. The proposed strategy comprises spin-off
of its subsidiary AmeriCanna Cafe. The company will add additional
restaurant operation to achieve the targeted growth. It also plans
to sell directly to the customers by launching a new retail
business.
Cannabis is useful to
fight the diseases and maintain upbeat wellness. AmeriCanna Cafe
allows the customers to interact with trained staff and learn more
about the benefits of cannabis. The DuBe Hemp Energy drinks
distribution business helps the AmeriCanna Cafe to post rapid
growth.
Its product line consists
of cold pressed juices, hemp infused coffee, raw hemp seeds, and
smoothies. The company will also add foods and THC infused
beverages to its product portfolio.
Puration Inc (OTCMKTS:PURA)
and North American Cannabis Holdings Inc Issues an Update to the
Shareholders
Puration Inc
(OTCMKTS:PURA) and North American Cannabis Holdings
Inc have issued a letter to the investors about the proposed
spin-off of the select operations along with the issue dividend to
the shareholders of USMJ and PURA. It coincides with Oklahoma
legalizing the use of cannabis.
The original article was posted at https://www.mmjobserver.com/north-american-cannabis-holdings-inc-otcmktsusmj-launches-online-retail-and-wholesale-cannabis-products/29694/
MMJ Oberver also featuers articles today on General Cannabis Corp (OTCMKTS:CANN) and Lexaria Bioscience Corp
(OTCMKTS:LXRP) .
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