STOCK TITAN

USMJ Confirms Cannabis Ecommerce Expansion Launch This Thursday

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

North American Cannabis Holdings, Inc. (OTC Pink: USMJ) will launch a significant expansion of its cannabis ecommerce business on February 17, 2022, focusing on the marketing campaign for the EVERx CBD Sports Nutrition Beverage. Following its acquisition from Puration, Inc. (OTC Pink: PURA), USMJ is relaunching EVERx with new packaging and an updated formula. This move comes amidst an overall reorganization of its business strategy, which includes a refocus on cannabis ecommerce after exiting the retail restaurant market.

Positive
  • Launch of a major expansion in the cannabis ecommerce sector.
  • Relaunch of EVERx with new packaging and improved formula.
Negative
  • None.

Dallas, Texas, Feb. 14, 2022 (GLOBE NEWSWIRE) -- North American Cannabis Holdings, Inc. (OTC Pink: USMJ) today confirmed the company will officially launch a major expansion of its cannabis ecommerce business later this week on Thursday, February 17, 2022.  The launch will be centered on USMJ’s first marketing campaign for the EVERx CBD Sports Nutrition Beverage.

USMJ acquired EVERx from Puration, Inc. (OTC Pink: PURA) in exchange for a royalty agreement. Now USMJ is relaunching EVERx with new packaging and an updated formula.  USMJ and PURA have worked closely on the EVERx relaunch.

The EVERx sale to USMJ is part of an overall reorganization. In September of last year, ACI Conglomerated, the controlling shareholder of USMJ and the controlling shareholder of Puration, Inc. (OTC Pink: PURA) and Priority Aviation, Inc. (OTC Pink: PJET), announced its plans to refocus and diversify its overall strategy with the three companies.

PJET diversified outside the cannabis industry entering the student life market. PJET recently published its updated strategic plan for 2022.

PURA refocused its business on industrial hemp. 

USMJ, after exiting the cannabis retail restaurant market, is now focused on expanding its cannabis ecommerce footprint. 

Visit the company’s ecommerce site now and bookmark the site to watch for coming announcements and updates:

www.USMJ.com

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

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.


FAQ

When will USMJ launch its cannabis ecommerce expansion?

USMJ will launch its expansion on February 17, 2022.

What is the focus of USMJ's upcoming marketing campaign?

The campaign will focus on the EVERx CBD Sports Nutrition Beverage.

Who did USMJ acquire EVERx from?

USMJ acquired EVERx from Puration, Inc. (OTC Pink: PURA).

What changes are being made to the EVERx product?

EVERx is being relaunched with new packaging and an updated formula.

What is the new business focus of USMJ?

USMJ is now focusing on expanding its cannabis ecommerce footprint.

NORTH AMER CANNABIS HLDG

OTC:USMJ

USMJ Rankings

USMJ Latest News

USMJ Stock Data

22.88k
23.54B
0.01%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States of America
Farmers Branch