North American Cannabis Holdings, Inc. (OTCMKTS:USMJ) reported optimism for the comprehensive medical marijuana segment. The note from Washington D.C. since the new administration became effective has been mixed, at best, and, in broad, not overly promising when it is about federal support of state pot legalization. Recently, U.S. Senate Appropriations Committee followed an amendment with a bi-partisan vote to permit veterans to obtain recommendations for medicinal marijuana.
North American is a veteran-established cannabis industry firm and, in addition to advancing numerous cannabis industry enterprises, the company is a regular supporter for marijuana legalization. The firm recently planned social media campaign to support for marijuana legalization, prompting enthusiasts to repost a copy of a painting of President George Washington in hemp field with the encouraging label of “Making America 420 Friendly Again”.
North American business advancement continues to gain momentum. The firm expects a key update coming soon together with a deal to co-brand its AmeriCanna Cafe Cannabinoid Infused Water. The deal is expected to lead in a notable boost to sales in 2H2017. The deal is also expected to lead in a notable increase to Puration, Inc. sales. The latter offers all cannabis extracts for North American Cannabis beverages and nutritional supplements. As of now, USMJ reports annual revenue of more than $500,000 and PURA has recently finalized a letter of intent to buy an operation anticipated to produce annual revenue of $1 million.
Dozens of entrepreneurial cannabis entities are moving toward the future of lawful cannabis finding investment capital by managing under an OTC Marketplace listed public holding firm. Rocky Mountain High Brands is making cannabis infused drinks. PotNetwork Holdings can’t hold cannabis infused gummies in stock while HEMP, Inc. is building an industrial hemp processing center. MassRoots is helping cannabis clients make informed