USMJ Announces 8% Growth From Core Operations Before Contributions From New eCommerce Business
February 20 2019 - 9:25AM
InvestorsHub NewsWire
USMJ Announces 8% Growth From Core Operations
Before Contributions From New eCommerce
Business
Dallas, Texas -- February 20, 2019 --
InvestorsHub NewsWire -- North American Cannabis Holdings,
Inc. (USOTC:
USMJ) (“USMJ”) today announced publishing its quarterly
financial report for the period ending December 31, 2018. The
company reported $233,000 in revenue for the quarter with a net
profit of $18,500. Revenue is approximately 8% higher than
reported for the same period in the prior year. USMJ recently
launched its all new eCommerce site for CBD products and other
cannabis essentials at WWW.USMJ.COM. Management anticipates the
new eCommerce site to produce the majority of the company’s revenue
and growth moving forward. The current financial report does
not include any benefit yet from the new eCommerce site. USMJ
plans to continue expanding the number and variety of products
available from WWW.USMJ.COM. The site includes EVERx CBD Sports
Water from USMJ’s sister company, Puration Inc. (USOTC:
PURA). Kali-Extracts’ (USOTC:
KALY) Hemp4mula CBD infused gum and gummies will soon be on the
site in addition to Kali-Extracts own line of CBD oils. The
2019 Miss USMJ Calendar is also available at WWW.USMJ.COM. Cannabis essentials and CBD
products from other specialty manufactures can also be found
at WWW.USMJ.COM
and USMJ plans to also
continue expanding the number and variety of cannabis themed
products from other specialty manufactures. USMJ’s plans
for WWW.USMJ.COM
are to brand the site as an
essential resource for people that identify as members of the
cannabis community. USMJ and the Miss USMJ Team will be soon
launching a series of pop-up cannabis community events as part of
the strategy to brand WWW.USMJ.COM.
USMJ management plans to publish a
shareholder update later this week with the latest on the pending
dividend of PJET stock to USMJ shareholders in addition to the
latest operational developments with companies new eCommerce
site.
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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