North American Cannabis Holdings Inc (OTCMKTS:USMJ) Launches Online Retail and Wholesale Cannabis Products

By Jon Slotnick / in Marijuana / on Thursday, 04 Oct 2018 08:20 AM -- InvestorsHub NewsWire -- North American Cannabis Holdings Inc (OTCMKTS:USMJ) has announced the launch of a new website that hosts online retail cannabis and wholesale cannabis products as well as service offerings. The company aims to support the retailers and restaurants by offering cannabis related services and products.

USMJ will also launch an online portal for the sale of cannabis related services and products to the customers. The newly introduced website also caters to the needs of wholesale customers. The company is putting in considerable efforts to increase wholesale capacity and boost sales.

North American Cannabis Holdings Inc Spins of Restaurant Subsidiary

North American Cannabis Holdings Inc has divulged plans to spin off the restaurant subsidiary to support the expansion of wholesale and retail cannabis online. The spin-off value is estimated at $1.5 million. The company will complete the spin-off by September 30, 2018.

North American Cannabis Holdings Inc Forecasts Explosive Growth in The Next 2 Years

North American Cannabis Holdings Inc is expected to report robust growth in the coming 24 months. It is anticipated to report excellent results of $140 billion by the year 2027. The proposed strategy comprises spin-off of its subsidiary AmeriCanna Cafe. The company will add additional restaurant operation to achieve the targeted growth. It also plans to sell directly to the customers by launching a new retail business.

Cannabis is useful to fight the diseases and maintain upbeat wellness. AmeriCanna Cafe allows the customers to interact with trained staff and learn more about the benefits of cannabis. The DuBe Hemp Energy drinks distribution business helps the AmeriCanna Cafe to post rapid growth.

Its product line consists of cold pressed juices, hemp infused coffee, raw hemp seeds, and smoothies. The company will also add foods and THC infused beverages to its product portfolio.

Puration Inc (OTCMKTS:PURA) and North American Cannabis Holdings Inc Issues an Update to the Shareholders

Puration Inc (OTCMKTS:PURA) and North American Cannabis Holdings Inc have issued a letter to the investors about the proposed spin-off of the select operations along with the issue dividend to the shareholders of USMJ and PURA. It coincides with Oklahoma legalizing the use of cannabis.

The original article was posted at https://www.mmjobserver.com/north-american-cannabis-holdings-inc-otcmktsusmj-launches-online-retail-and-wholesale-cannabis-products/29694/

MMJ Oberver also featuers articles today on General Cannabis Corp (OTCMKTS:CANN)  and Lexaria Bioscience Corp (OTCMKTS:LXRP) .