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North American Cannabis Holdings (OTC Pink: USMJ) has secured an adult-use cannabis cultivation license in New York, following a law passed in February that allows provisional licenses for existing hemp businesses. USMJ has a subsidiary that has been cultivating hemp for CBD for four years and received an invitation from the New York Office of Cannabis Management to apply for the license earlier this year. The company is now reassessing its business strategy alongside its sister company, Puration, Inc. (OTC Pink: PURA).
North American Cannabis Holdings, Inc. (OTC Pink: USMJ) has confirmed plans to enhance its eCommerce business with an additional $20 million in sales. CEO Steven Rash outlined these growth strategies in a recent shareholder update. The company emphasizes its commitment to improving consumer wellness through cannabis, operating USMJ.com for ongoing product development. Potential risks include competition and the need for new contracts, as acknowledged in the disclaimer regarding forward-looking statements.
North American Cannabis Holdings (OTC Pink: USMJ) highlights its ecommerce capabilities as valuable in anticipation of potential federal marijuana legalization. CEO Steven Rash notes the company’s experience and technology position it well for future expansion. With the House expected to vote on legalization soon, USMJ aims to leverage its relationship with Priority Aviation, Inc. (OTC Pink: PJET) for operational support. A recent shareholder update discussed a $20 million growth plan for marijuana and CBD sales, reinforcing the company’s ambitions in the cannabis market.
North American Cannabis Holdings (OTC Pink: USMJ) announced plans to generate $20 million in revenue, bolstered by its ecommerce growth and the recent launch of the EVERx CBD Sports Nutrition Beverage. The company aims to capitalize on New York's new adult-use marijuana law, potentially generating $15 million over two years. USMJ is negotiating with experienced cultivators for a provisional adult-use cannabis license. Following its recent appearance at the Arnold Sports Festival, EVERx's distribution prospects have also expanded, with a forecasted revenue of $5 million within the next two years.
North American Cannabis Holdings (OTC Pink: USMJ) announced plans to potentially generate $20 million in additional sales through its growing e-commerce business and new opportunities in adult-use marijuana cultivation. USMJ has confirmed its eligibility to apply for a cultivation license in New York, following a law that allows existing hemp businesses to obtain provisional licenses. The company also relaunched the EVERx CBD Sports Nutrition Beverage at the Arnold Sports Festival, acquired as part of a royalty agreement with Puration, Inc. USMJ is dedicated to developing cannabis applications and expanding its consumer product offerings.
North American Cannabis Holdings (USMJ) has announced a strategic plan potentially adding $20 million in sales, leveraging opportunities in the adult-use marijuana market and the recently acquired EVERx CBD Sports Nutrition Beverage. With eligibility confirmed for the new adult-use marijuana cultivation license in New York, the company aims to capitalize on both markets, anticipating significant growth alongside its expanding ecommerce business. Highlights of this plan will be disclosed in a shareholder update scheduled for March 29.
North American Cannabis Holdings (OTC Pink: USMJ) announced plans to potentially generate an additional $20 million in sales through the cultivation of adult-use marijuana and the revitalization of its CBD sports nutrition beverage, EVERx. USMJ has confirmed eligibility for a new adult-use marijuana cultivation license in New York due to recent legislation that allows existing hemp businesses to apply. The company plans to share further details during a shareholder update on March 29.
North American Cannabis Holdings, Inc. (USMJ) announced a new production run of its EVERx CBD Sports Nutrition Beverage following its successful relaunch at the Arnold Sports Festival. USMJ acquired the product line from Puration, Inc. through a royalty agreement in a reorganization with ACI Conglomerated. The company confirmed eligibility for a provisional adult-use marijuana cultivation license in New York, complementing its CBD operations. CEO Steven Rash noted positive responses to the updated formula and packaging, indicating strong market demand.
North American Cannabis Holdings (OTC Pink: USMJ) has secured a financing commitment for a cutting-edge indoor marijuana cultivation facility. The company is poised to apply for a provisional adult-use marijuana cultivation license in New York, following recent legislative changes aimed at supporting existing hemp businesses. USMJ has a subsidiary that has been successfully growing hemp for CBD over the past four years and has received an invitation from the New York Office of Cannabis Management to apply for the license. The company is focused on developing cannabis products that improve wellness.
North American Cannabis Holdings (OTC Pink: USMJ) is optimistic about its sales growth in CBD and adult-use marijuana as the annual 420 anniversary approaches. CEO Steven Rash highlights the potential for a market revival coinciding with this event. USMJ has confirmed eligibility for a new adult-use marijuana cultivation license in New York and has a subsidiary that has been growing hemp for CBD for four years. The company has relaunched its EVERx CBD Sports Nutrition Beverage and continues to develop cannabis consumer products for future spin-offs.
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