USMJ - North American Cannabis Holdings Plans To Make USMJ a Billion-Dollar Brand Name In 2019

Farmers Branch, TX -- December 20, 2018 -- InvestorsHub NewsWire -- North American Cannabis Holdings, Inc. (USOTC: USMJ) (“USMJ”) today released an online update on the imminent launch of the company’s Amazon of Cannabis E-commerce site and plans to build the “USMJ” name into a billion-dollar brand name in 2019.  USMJ recently spun-off its AmeriCanna Cafe business to Priority Aviation, Inc. (USOTC: PJET) (“PJET”) with the intent of issuing PJET common stock to the shareholders of USMJ in a dividend distribution as a component of the spin-off transaction.  The intent remains the same and the update includes the latest progress toward that end.  PJET plans to soon change its corporate name in conjunction with the new business direction.  PJET has entered into an agreement with West Coast Venture Group (OTCQB: WCVC) (“WCVC”) to roll out the AmeriCanna Cafe concept restaurant in Colorado in the Spring of 2019 where USMJ, PJET and WCVC all co-participate in an AmeriCanna Cafe marketing campaign.  The onset of that marketing campaign is a 2019 Miss USMJ Calendar to go on sale any minute now.  Miss USMJ Calendar Mary Jane Girls will participate via social media and live events in conjunction with the AmeriCanna Cafe rollout marketing campaign.  Today, USMJ is a million dollars in annual sales cannabis logistics company supporting various cannabis enterprises that expects to leverage its logistics background to dramatically expand its new E-commerce business and substantially grow its revenue in 2019. The update narrative is included in its entirety below in addition being available on the company’s website at www.growusmj.com.

USMJ Billion Brand Name and E-Commerce Site

The USMJ warehouse is stocked with products that will be sold on the USMJ E-commerce site.  The USMJ E-commerce site is built and ready to launch.  The payment engine is in place.  All the launch is waiting on now is legal sign-off to make sure the site abides by the rapidly evolving related regulations.  We still expect to launch the site before the end of December.  We can’t wait.  We’re all so excited and think the market will be to.

The site is designed to be a source of information on the continually evolving landscape of the cannabis industry in addition to being source of CBD products for people and pets, and a source of products for members of the cannabis lifestyle community.  The site will help members of the cannabis lifestyle community find what they’re looking for.

AmeriCanna Cafe Rollout With WCVC

West Coast Ventures Group Corp. (WCVC) develops, owns and operates two contemporary restaurant concepts: Illegal Burger, a quick-casual burger + bar concept, and El Señor Sol, a full-service fresh Mexican restaurant (5 restaurants in the Denver Colorado area). The Company generates gross annual sales of $2,725,000.

Illegal Burger, a subsidiary of West Coast Ventures has partner with AmeriCanna Cafe to pilot a cannabis-themed restaurant in Colorado. The pilot will be launched in the form of a food truck featured in pop-up venues near a series of recreational marijuana dispensaries in Colorado. The pilot rollout is scheduled to start in the spring of 2019.

USMJ will soon introduce the 2019 Miss USMJ Calendar for sale in conjunction with an AmeriCanna Cafe marketing campaign.  The 2019 Miss USMJ Calendar Mary Jane Girls will participate in the campaign via social media and live events.

The initial agreement between Illegal Burger and AmeriCanna Cafe does not include any exchange of equity between the two companies or their respective parent companies. Management of both companies indicates a future equity exchange is possible.

PJET Dividend Coming Soon

PJET issued USMJ a $1.5 million convertible note in exchange for the AmeriCanna Cafe business as part of the spin-off transaction. PJET and USMJ are working to promptly convert the $1.5 million note into a number of common PJET shares sufficient to issue one PJET common share for every fifty shares of USMJ common shares issued and outstanding.  All of the PJET common shares issued in conversion of the purchase note are slated for distributed to USMJ shareholders in a dividend distribution. Prior to issuing the PJET dividend, PJET plans to have its past-due reports required by OTCMarkets updated prior to the issuance of the dividend.  The reports are all updated, and the posting of the reports is imminent.  PJET expects to have all reports updated and the dividend issued very soon with the target remaining to be complete before year end.  Holiday schedules of all the various entities required to complete all of the above is a concern, but PJET management is pushing forward.

USMJ 2019 $10 Million Sales Goals

USMJ has a consistent base of business that management anticipates will continue in the range of approximately $1 million per year.  Without having yet launched the E-commerce site, management is hesitant to voice its sales goals and set expectations too high or too low.  Having offered our precautions regarding our sales goals, we are conservatively expecting to double our sales in the next calendar year and we are setting a goal or sales goal on reaching a annual sales rate of $10 million a year from now.

www.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. 

Steven Rash
CEO North American Cannabis Holdings, Inc.
info@aciconglomerated.com
+1-800-861-1350
 

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