PURA Focuses On Hemp; USMJ Expands Cannabis Ecommerce, And PJET Does Something Entirely New

Rhea-AI Summary

ACI Conglomerated, the main shareholder of North American Cannabis Holdings (USMJ), Puration (PURA), and Priority Aviation (PJET), is realigning its strategy while adapting to changes in the cannabis sector. ACI supports PURA's new Farmersville Hemp Brand and USMJ's ecommerce strategy. Additionally, ACI is developing a new business initiative for PJET outside of cannabis, with an announcement expected soon. However, potential risks include competition, contract performance, and liquidity concerns.

Positive

• ACI is advancing USMJ's ecommerce strategy.
• Support for PURA's Farmersville Hemp Brand initiative.
• New business initiative for PJET expected to diversify operations.

Negative

• Potential risks related to competition and liquidity.
• Uncertainties in achieving significant sales.
• Possibility of failing to meet performance requirements.

DALLAS, Sept. 30, 2021 /PRNewswire/ -- ACI Conglomerated, the controlling shareholder of North American Cannabis Holdings, Inc. (USOTC: USMJ), Puration, Inc. (USOTC: PURA) and Priority Aviation, Inc. (USOTC: PJET), today highlighted its plans to refocus and diversify its overall strategy with the three companies.

ACI has been and continues to execute a series of transactions to update its overall business strategy in keeping with the evolving cannabis sector.

ACI is supporting PURA in the execution of its updated Farmersville Hemp Brand strategy, and likewise supporting USMJ in the execution of its cannabis industry ecommerce strategy.

ACI, in an effort to diversify, is working on the development of a new business initiative outside of the cannabis sector for PJET. PJET's new opportunity is advancing on pace, and an announcement is anticipated soon on its new business initiative. 

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 Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's 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.

Contact:
ACI Conglomerated
Steven Rash
info@aciconglomerated.com
+1 (800) 861-1350

View original content:https://www.prnewswire.com/news-releases/pura-focuses-on-hemp-usmj-expands-cannabis-ecommerce-and-pjet-does-something-entirely-new-301389205.html

SOURCE North American Cannabis Holdings, Inc.

FAQ

What is the focus of USMJ's new ecommerce strategy?

USMJ is expanding its cannabis industry ecommerce strategy with support from ACI.

What new business initiative is PJET developing?

PJET is working on a new business initiative outside of the cannabis sector, with an announcement expected soon.

What is the role of ACI Conglomerated in USMJ?

ACI Conglomerated is the controlling shareholder of North American Cannabis Holdings (USMJ) and is refocusing its strategy.