Dallas, TX -- April 10, 2018 -- InvestorsHub NewsWire -- North American Cannabis Holdings, Inc. (USOTC: USMJ) today confirmed that the company continues to entertain an unsolicited acquisition proposal.  In reaction to the proposal, North American Cannabis Holdings has earmarked assets, operations and business development initiatives that would-be part of the unsolicited bid, and others that would not.  At this time, while North American Cannabis Holdings and Puration, Inc. (USOTC: PURA) share a common majority shareholder and work together on multiple business operations and business development initiatives, Puration is not part of the acquisition proposal.  Accordingly, any assets, operations and business development initiatives not earmarked for consideration within the unsolicited bid, will be directed toward Puration for ongoing management and development.  Among other assets, operations and developments, the cannabis cultivation operation acquisition initiatives in California and Canada previously announced as a joint effort by both North American Cannabis Holdings and Puration are not included in the unsolicited bid to acquire North American Cannabis Holdings.  Both the California and Canadian acquisition initiatives continue to develop, and in the event an acquisition of North American Cannabis Holdings proceeds, Puration will continue with the California and Canadian acquisition initiatives on its own.  Management continues to evaluate the headline acquisition proposal for its potential to accelerate growth and enhance shareholder value.  Shareholders can expect a thorough update on the California and Canadian acquisitions, new retail outlets for EVERx and a pending national distribution contract for EVERx, in addition to the latest updates on the headline acquisition proposal following the upcoming filing of Puration’s 2017 annual report.
 
For more information on North American Cannabis Holdings and Puration, visit 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.
 
For More Information, Contact:
Steven Rash
info@aciconglomerated.com
1-800-861-1350

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