DALLAS, November 30, 2017 /PRNewswire/ --
North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA) today announced combining efforts on USMJ's previously announced negotiations to acquire an established medical marijuana dispensary in Canada. PURA recently announced plans to introduce cannabis infused beverages into the legal $8 billion Canadian marijuana market. USMJ and PURA have added to USMJ's negotiations a proposed exclusive right for all the Canadian dispensary cannabis extractions to come exclusively from PURA utilizing PURA's patented extraction process. The USMJ and PURA combined efforts are focused on taking advantage of Canada's nationwide legalization of recreational marijuana expected in July of 2018.
Learn more about USMJ, its parent company, ACI, and ACI's other holdings to include PURA by visiting: http://www.aciconglomerated.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.
ACI, USMJ and PURA contact info:
SOURCE North American Cannabis Holdings, Inc. & Puration, Inc.