DALLAS, Texas, April 5, 2016 /PRNewswire/ --
North American Cannabis Holdings, Inc. (USMJ) today announced record high daily retail sales. In February, the Company reported a 47% increase in quarter to quarter revenue and a 39% increase in gross profit to $137,000 and $71,000 respectively. Sales continue to grow as the Company executes on its AmeriCanna Cafe business plan introduced in the summer of 2015 to market cannabis infused smoothies from retail cafe store fronts and become the " Starbucks of cannabis." Management anticipates even further organic sales growth beyond the recent record high daily retail sales as the recently announced EVERx Sports and Fitness Nutrition Product line hits the shelves.
About North American Cannabis Holdings, Inc.
North American Cannabis Holdings, Inc. (USMJ) is founded on the core belief that cannabis makes people's lives better. Cannabis can fight disease, improve wellness and do so in an environmentally sustainable manner. North American Cannabis Holdings is dedicated to finding the best possible applications for cannabis to serve consumers. For more information please visit http://www.growusmj.com.
Follow the company on Twitter: https://twitter.com/US_HEMP.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, among other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
SOURCE North American Cannabis Holdings, Inc.