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NORTH AMER CANNABIS HLDG - USMJ STOCK NEWS

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Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NORTH AMER CANNABIS HLDG's position in the market.

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North American Cannabis Holdings, Inc. (OTC Pink: USMJ) announced receipt of preliminary acquisition offers for its New York subsidiary focused on hemp cultivation for CBD. Following New York's new law for adult-use marijuana cultivation licenses, USMJ confirmed its eligibility for application. CEO Steven Rash expressed interest in potential investments rather than full sale, suggesting a future acquisition option contingent on revenue generation. USMJ has been operating in the hemp sector for four years and is also working closely with its spin-off, Puration, Inc., on CBD product developments.

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North American Cannabis Holdings (USMJ) confirmed its eligibility for a new adult-use marijuana cultivation license in New York, following the state's recent legislation enabling existing hemp businesses to apply. The governor signed the bill on February 22, 2022, promoting equity within the cannabis industry. USMJ's hemp-growing subsidiary received an invitation to apply for the license, which aligns with their ongoing commitment to cannabis consumer product development. The company plans to submit its application promptly.

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North American Cannabis Holdings, Inc. (OTC Pink: USMJ) confirmed eligibility to apply for the new adult-use marijuana cultivation license in New York, following legislation signed by the governor on February 22. The Conditional Adult-Use Cultivator License benefits existing hemp businesses that promote equity in the industry. USMJ's subsidiary has cultivated hemp for CBD for four years and received an invitation from the New York Office of Cannabis Management to apply for this provisional license. The company aims to submit its application promptly, viewing this development as a potential game-changer.

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North American Cannabis Holdings, Inc. (USMJ) has successfully rebooted its EVERx CBD Sports Nutrition Beverage at the Arnold Sports Festival. The revamped formula and packaging were well-received, with CEO Steven Rash indicating that EVERx will soon return to retail shelves alongside current eCommerce sales. USMJ had acquired EVERx from Puration, Inc. last year, establishing a royalty agreement. The beverage is bottled by Alkame Holdings, which contributed to the updated formula. The company is anticipating retail announcements in the near future.

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North American Cannabis Holdings, Inc. (OTC Pink: USMJ) unveiled a newly formulated and packaged EVERx CBD Sports Nutrition Beverage at the Arnold Sports Festival. The response has been enthusiastic, with lines forming at the booth. CEO Steven Rash indicated an urgent need for more product shipments. EVERx is also sponsoring the Jan Tana Bodypainting Revolution event at the festival. The beverage, which had previously reached annual sales of over $2 million, is positioned for further growth following an acquisition from sister company Puration, Inc. with a royalty agreement.

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North American Cannabis Holdings, Inc. (OTC Pink: USMJ) is inviting distributors to its EVERx CBD Sports Nutrition Beverage booth at the Arnold Sports Festival in Columbus, Ohio, from March 4-6, 2022. USMJ previously acquired EVERx from its sister company, Puration, Inc. USMJ has updated the product's formula and packaging, aiming to leverage the festival's exposure. EVERx, which has a history of strong sales, is sponsoring the Jan Tana Bodypainting Revolution event during the festival, highlighting its marketing efforts.

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North American Cannabis Holdings, Inc. (USMJ) announced its sponsorship of the Jan Tana Bodypainting Revolution at the Arnold Sports Festival from March 4-6, 2022, in Columbus, Ohio. This event marks the relaunch of USMJ's EVERx CBD Sports Nutrition Beverage, previously thriving with annual sales exceeding $2 million. USMJ acquired EVERx from Puration, Inc. under a royalty agreement and has updated its formula and packaging. The event will showcase 20,000 athletes and provide opportunities for distributors to engage with the brand.

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North American Cannabis Holdings, Inc. (OTC Pink: USMJ) is set to relaunch its EVERx CBD Sports Nutrition Beverage at the Arnold Sports Festival from March 4-6, 2022. This event marks EVERx's return since its original introduction in 2017, with annual sales reaching over $2 million. The company has updated the formula and packaging to broaden its market appeal. Following the relaunch, USMJ aims to expand its cannabis ecommerce by launching multiple new products. Alkame Holdings, Inc. continues as the bottler for EVERx.

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North American Cannabis Holdings (USMJ) is set to relaunchever EVERx CBD Sports Nutrition Beverage at the Arnold Sports Festival from March 4-6, 2022. The beverage, which previously achieved over $2 million in annual sales, has undergone a formula and packaging update aimed at broadening its market appeal beyond sports nutrition. The company acquired EVERx from Puration in a royalty agreement and plans to fuel revenue growth following the relaunch. Additionally, USMJ is gearing up for an overall expansion of its cannabis ecommerce strategy, introducing new products in the near future.

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North American Cannabis Holdings (USMJ) is set to launch the revamped EVERx CBD Sports Nutrition Beverage at the Arnold Sports Festival from March 4-6, 2022, in Columbus, Ohio. Acquired from sister company Puration (PURA), EVERx's new formula and packaging aim to broaden its market appeal beyond sports nutrition. With millions in annual sales, EVERx is recognized as a leader in CBD beverages. USMJ plans to leverage its ecommerce platform and expand its product offerings following this relaunch.

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FAQ

What is the market cap of NORTH AMER CANNABIS HLDG (USMJ)?

The market cap of NORTH AMER CANNABIS HLDG (USMJ) is approximately 22.9K.

NORTH AMER CANNABIS HLDG

OTC:USMJ

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USMJ Stock Data

22.88k
23.54B
0.01%
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