DALLAS, April 21, 2016 /PRNewswire/ --
North American Cannabis Holdings, Inc. (USMJ) and Nature Comfort Meds (NCM) today announced plans to develop a commercial application of NCM's patented medical marijuana and hemp cannabis extraction process.
NCM is a registered mutual benefit nonprofit producer of RSO based oils, gel capsules, topical, and autoimmune treatment products holding a United States patent for medical marijuana and hemp cannabis extraction process. "Natures Comfort Meds is among few of the world's patent holders regarding botanical extractions from cannabis and hemp plants," said Frederick R. Ferri, NCM founder.
NCM research and development has resulted in positive benefits for treating illnesses including veterans suffering from PTSD, children with autism, various types of cancer, patients with a variety of neurological disorders, pain management, auto-immune disorders and seizures due to Epilepsy.
North American Cannabis Holdings and NCM entered into a JV last year to explore commercial applications of NCM's patented cannabis extraction process. Subsequently, the JV was reorganized under Puration, Inc. (PURA) in a transaction with North American Cannabis Holdings. The JV and other North American Cannabis Holdings assets were exchanged for a controlling stock interest in Puration. The transaction included Puration common stock slated for issue to North American Cannabis shareholders in a dividend distribution. The three Companies, North American Cannabis Holdings, Puration and NCM are all working to solidify plans for a commercial application of NCM's patented extraction process.
To learn more see details at poster section, Interfphex 2016, Javits Center Javits Center, New York City, April 26-28, 2016.
Headquartered in Providence, RI, Natures Comfort Meds (NCM) is dedicated to cutting edge research and development using various strains of the cannabis plant and extracting oils utilizing their patented process. Utilizing proprietary methods for botanical extraction, NCM leads the industry in being able to produce highest quality products, currently testing various strains of medicinal plants for use in clinical studies with various partners.
Learn more about Puration, Inc. and keep up to date on the rapid changes anticipated throughout 2016 on the Company's website: http://www.purationinc.com/
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.
North American Cannabis Holdings, Inc.
Nature Comfort Meds
Frederick R Ferri
SOURCE North American Cannabis Holdings, Inc.