USMJ Announces New York Adult Use Cannabis License
August 09 2022 - 10:21AM
InvestorsHub NewsWire
Dallas, TX -- August 9, 2022 -- InvestorsHub NewsWire -- North
American Cannabis Holdings, Inc. (USOTC:
USMJ) today announced securing an adult use cannabis
cultivation license in the State of New York.
In February of this year, New York passed a new law to provide
provisional marijuana cultivation licenses to existing hemp
businesses.
USMJ has a subsidiary that has been growing hemp for CBD for the
past four years. The company announced in March of this year, that
its subsidiary had received an invitation from the New York Office
of Cannabis Management (OCM) to apply for the provisional adult-use
cannabis license. Today, USMJ announces that the license has
been awarded.
In light of the license, USMJ and its sister company, Puration,
Inc. (USOTC:
PURA) are reviewing current business plans and exploring an
update to the existing strategy of both companies.
Contact:
USMJ
Steven Rash
info@aciconglomerated.com
+1 (800) 861-1350
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 Alkame will achieve significant sales, the failure
to meet schedule or performance requirements of the Company's
contracts, the Company's liquidity position, the Company's 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.
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