USMJ Adds Blockchain Secured U$MJ Cryptocurrency To Cannabis Point Of Sale Pilot With Technology Acquired From ALYI
June 15 2017 - 9:16AM
InvestorsHub NewsWire
DALLAS, TX –June 15, 2017
- - InvestorsHub NewsWire - North American Cannabis Holdings,
Inc. (USOTC:
USMJ) today announced plans to add U$MJ
Cryptocurrency to its ongoing Cannabis Point of Sale (POS)
pilot project. USMJ and Alternet Systems, Inc.
(USOTC:
ALYI) recently announced the pending acquisition of
ALYI’s POS technology as the latest development in the two
companies joint Cannabis POS pilot project. In a related
transaction, the outgoing CEO of ALYI, Henryk Dabrowski is heading to Ciao Group, Inc.
(USOTC:
CIAU) to lead Ciao’s new Cryptographic Enterprise
Division. USMJ anticipates Ciao’s new Cryptographic
Enterprise Division to play a key role in the development of U$MJ
Cryptocurrency.
ALYI’s Point of Sale Technology Exit To USMJ and ALYI’s New
Lithium Direction
The acquisition of ALYI’s technology by USMJ is a shift in the
originally planned transaction between the two Companies where USMJ
planned to maintain the POS technology within ALYI and orchestrate
an equity swap between the two Companies. ALYI has
Alternatively entered into an agreement to go a different direction
acquiring a private Lithium Intellectual Property Company (ALYI
plans to make a detailed announcement on their new direction next
week) while exiting its financial services business in the deal
with USMJ.
Learn More About USMJ: growusmj.com
Disclaimer/Safe Harbor: This news release contains forward-looking
statements within the meaning of the Securities Litigation Reform
Act. The statements reflect the Company's current views with
respect to future events that involve risks and uncertainties.
Among others, these risks include the expectation that any of the
companies mentioned herein will achieve significant sales, the
failure to meet schedule or performance requirements of the
companies’ contracts, the companies’ liquidity position, the
companies’ ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not occur.
These statements have not been evaluated by the Food and Drug
Administration. These products are not intended to diagnose, treat,
cure or prevent any disease.
North American Cannabis Holdings Contact:
Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com
North American Cannabis Holdings Adds Blockchain Secured
U$MJ Cryptocurrency To Cannabis Point Of Sale Pilot With Technology
Acquired From Alternet Systems
DALLAS, TX –June 15, 2017 - North American Cannabis Holdings, Inc.
(USOTC: USMJ) today announced plans to add
U$MJ Cryptocurrency to its ongoing Cannabis Point
of Sale (POS) pilot project. USMJ and Alternet Systems, Inc.
(USOTC: ALYI) recently announced the pending
acquisition of ALYI’s POS technology as the latest development in
the two companies joint Cannabis POS pilot project. In a
related transaction, the outgoing CEO of ALYI, Henryk Dabrowski is heading to Ciao Group, Inc.
(USOTC: CIAU) to lead Ciao’s new Cryptographic
Enterprise Division. USMJ anticipates Ciao’s new
Cryptographic Enterprise Division to play a key role in the
development of U$MJ Cryptocurrency.
ALYI’s Point of Sale Technology Exit To USMJ and ALYI’s New
Lithium Direction
The acquisition of ALYI’s technology by USMJ is a shift in the
originally planned transaction between the two Companies where USMJ
planned to maintain the POS technology within ALYI and orchestrate
an equity swap between the two Companies. ALYI has
Alternatively entered into an agreement to go a different direction
acquiring a private Lithium Intellectual Property Company (ALYI
plans to make a detailed announcement on their new direction next
week) while exiting its financial services business in the deal
with USMJ.
Learn More About USMJ: 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.
North American Cannabis Holdings Contact:
Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com
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