North American Cannabis Holdings Announces LOI To Acquire Turning Point Cannabis Strategies

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Dallas, Texas – February 20, 2018 – North American Cannabis Holdings, Inc. (USOTC: USMJ) today announced a letter of intent to acquire Turning Point Cannabis Strategies.  The planned acquisition is intended to advance USMJ’s entry into the California cannabis market.  The Company has posted an online presentation on the Company’s website with more information about the planned acquisition.  The narrative from the presentation is included in its entirety below.

Building A Model Business In Large Legal Marijuana Markets – California & Canada

Turning Point Cannabis Strategies is developing brand strategy for a cannabis grower and dispensary co-op in California and the greater West Coast with specific opportunity in Washington.  Turning Point Cannabis Strategies has investment commitment for the acquisition of a grow and dispensary operation where the model co-op operation will be established and refined.  After acquiring and implementing the model co-op operation, Turning Point Cannabis Strategies will initiate an effort to sign-up independent grow and dispensary operations that will all adopt the model operation practices and collectively market their products and services under the co-op brand name.

Turning Point Cannabis Strategies plans to exchange equity in Turning Point for equity in USMJ.  The details of the exchange are still in negotiation.  USMJ prefers to close the acquisition of Turning Point simultaneously with Turning Point’s acquisition of a model grow and/or dispensary operation.

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Turning Point’s cannabis co-op brand plan is consistent with USMJ’s previously published plan to establish a Sun Maid Raisins like cannabis business model in the largest available legal market places and be positioned for the inevitable nationwide legalization of cannabis in the United States.  USMJ is pursuing a branded grow and dispensary operation intended to start with an in-house owned operation in California and in Canada. Turning Point Cannabis Strategies is the focus of USMJ’s efforts in California at this time. Brian Shibley, the CEO of USMJ’s sister company, Puration, Inc. (USOTC: PURA) and a Canadian, is leading the two companies in strategic meetings in Canada this week with a major grow operation.

For more information on North American Cannabis Holdings and Puration visit www.aciconglomerated.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.

For More Information Contact:

Steven Rash

info@aciconglomerated.com

1-800-861-1350

Canada Is Part Of North America Too!

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North American Cannabis Holdings and Puration Announce Canadian Plan To Become McDonald’s of Dispensaries and Sun Maid Raisins of Growers

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Dallas, Texas – December 19, 2017 – North American Cannabis Holdings, Inc. (USOTC: USMJ) with Puration, Inc. (USOTC:PURA) today released an online presentation providing an update on the two companies coordinated efforts to be prepared for operations in Canada in conjunction with Canada’s upcoming nationwide recreational marijuana legalization.  North American Cannabis Holdings is in ongoing acquisition negotiations that include a role where Puration would provide its extraction expertise.  Puration has separately announced introducing Cannabis infused beverages in Canada.  The presentation is available online at aciconglomerated.com and the presentation narrative is available in its entirety below:

Canadian Nationwide Legalization Provides Platform For Cannabis Brand Strategy

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Shaken, not stirred.  Everybody knows that’s how James Bond takes his Martini’s and who’s cooler than James Bond?  In spite of all health warnings, countless Hollywood productions still make cigarette smoking sexy. Alcohol and Tobacco have a brand identity independent of any specific corporate logo that drives the entire industry forward.  In spite of all the statistical health risks associated with both, western culture has a certain romantic attraction to cigarette smoking alcoholics.  In summary, while balanced by health risk awareness, alcohol and tobacco enjoy a positive brand image that is well embedded into western culture.

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Marijuana smoking has Cheech and Chong, Pineapple Express, and Jeff Sessions.  Clearly, with revenues that arguably exceeds NFL ticket sales, marijuana has a following that does not likely reflect the goofy image portrayed by Hollywood, nor identify with Jeff Sessions ideas on what constitutes criminal behavior.

Without belaboring the brand identities of marijuana compared to alcohol and tobacco, let alone arguing the merits of legality for one versus the other, the point here is that no startup or early stage cannabis company can access the budget necessary to surmount the legacy of judgmental attitudes or goofy associations surrounding marijuana when the use or marijuana remains illegal.  The alcohol and tobacco industry have spent decades and billions overcoming the stigma of prohibition and class action law suits to achieve the downright sex appeal they enjoy today.  The investment capital necessary to transition from judged and goofy to sexy and alluring will not be forthcoming until marijuana prohibition is repealed nationwide.  Hence, or attraction to Canada.

McDonald’s of Dispensaries; Sun Maid Raisins of Growers; Splenda of Extracts

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So our big picture strategy in Canada is to take advantage of nationwide legalization as an overall environment were building a brand is possible.  Our even bigger picture strategy is take the brand to the United States once nationwide legalization is finally achieved.  The steps to achieving that strategy are first to get into the dispensary and growing business in Canada using a merger and acquisition strategy.  The second step will be to build a repeatable consumer focused dispensary and growing operation.  The third step will be to repeat the repeatable consumer focused dispensary and growing operation by opening additional dispensary and growing operations.

We are in negotiations now with more than one party.  We expect to narrow the field rapidly and commit to the best option.  The negotiations are between North American Cannabis Holdings and the target Canadian businesses.  The negotiations include Puration becoming an exclusive extractor for the Canadian operation.  Being an exclusive extractor would additionally support Puration in its independent strategy as a cannabis infused beverage producer.

Obviously, this is only an outline of the strategy and the broad steps to achieve the strategy.  The goal is to become the McDonald’s of dispensaries, the Sun Maid Raisins of growers and the Splenda of extracts for infusion.  Look for additional information to come with more detail on each of the steps in our overall strategy as our plan progresses and unfolds.

Learn more about USMJ, its parent company, ACI, and ACI’s other holdings to include PURA by visiting:  http://www.aciconglomerated.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.

ACI, USMJ and PURA contact info:
Steven Rash
info@aciconglomerated.com

+1-800-861-1350
https://www.aciconglomerated.com/contact/

 

 

 

 
 
 

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