USMJ Approaches First Anniversary Of AmeriCanna Cafe Launch With Half Million Dollars In First Year Sales And Two New Stores
DALLAS, TX / ACCESSWIRE / May 24, 2016 / North American Cannabis Holdings, Inc. (OTC: USMJ) today released on the Corporate website a presentation from CEO Steven Rash highlighting the recent financial benchmarks reported by the Company in its quarterly financial report for the period ended March 31, 2016. Rash begins the presentation with a quote from former Federal Reserve Chief, Alan Greenspan:
"Human propensity to swing between euphoria and fear, which, while heavily influenced by economic events, has a life of its own. In my experience, such episodes are often not mere forecasts of future business activity, but major causes of it."
Rash goes on to say, "I contend that it is largely fear and euphoria that is driving share prices in the cannabis sector and not fundamentals."
His report highlights the recent favorable quarterly financial report within the framework of the overall cannabis and marijuana sector investment performance over the last year. He also highlights recent cannabis and marijuana sector news and what he believes to be coming sector rally. The report includes highlights of Rash's outlook for next year.
The presentation is available on the Company's website:
About North American Cannabis Holdings, Inc.
North American Cannabis Holdings, Inc. (USMJ) is founded on the core belief that cannabis makes people's lives better. Cannabis can fight disease, improve wellness and do so in an environmentally sustainable manner. North American Cannabis Holdings is dedicated to finding the best possible applications for cannabis to serve consumers. For more information please visit http://www.growusmj.com.
Follow the company on Twitter: https://twitter.com/US_HEMP.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, among other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
CONTACT:
North American Cannabis Holdings, Inc.
Steven Rash
Phone: +1-972-528-0162
Email:
[email protected]
SOURCE: North American Cannabis Holdings, Inc.