DALLAS, May 4, 2017 /PRNewswire/ --
American Cannabis Innovations Conglomerated ("ACI") has entered into a Letterof Intent to acquire the controlling interest in both North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA). ACI is a private equity backed rollup founded to combine a variety of leading young cannabis companies with complimentary
"The opportunity for USMJ with ACI is huge," said Steven Rash, CEO of North American Cannabis Holdings. "ACI brings the type of quality backing that can rapidly accelerate USMJ's growth."
"Puration has had tremendous success with its recent EVERx launch and is ready to launch a dozen additional products under the EVERx brand," said Brian Shibley, CEO of Puration. "ACI is the answer to the product production costs required to launch the additional products. Watch out, here we come."
Learn More About USMJ: http://www.growusmj.com
Learn More About PURA: http://www.purationinc.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.
SOURCE North American Cannabis Holdings, Inc.
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