U.S. Markets closed
  • S&P Futures

    4,120.75
    +2.75 (+0.07%)
     
  • Dow Futures

    33,672.00
    +48.00 (+0.14%)
     
  • Nasdaq Futures

    13,798.00
    -0.75 (-0.01%)
     
  • Russell 2000 Futures

    2,250.90
    +5.90 (+0.26%)
     
  • Crude Oil

    63.20
    +0.05 (+0.08%)
     
  • Gold

    1,739.20
    +2.90 (+0.17%)
     
  • Silver

    25.50
    -0.03 (-0.11%)
     
  • EUR/USD

    1.1979
    +0.0024 (+0.2036%)
     
  • 10-Yr Bond

    1.6380
    +0.0150 (+0.92%)
     
  • Vix

    16.99
    +0.34 (+2.04%)
     
  • GBP/USD

    1.3776
    +0.0024 (+0.1722%)
     
  • USD/JPY

    108.9050
    -0.1430 (-0.1311%)
     
  • BTC-USD

    63,162.49
    -100.54 (-0.16%)
     
  • CMC Crypto 200

    1,373.33
    -2.45 (-0.18%)
     
  • FTSE 100

    6,939.58
    +49.09 (+0.71%)
     
  • Nikkei 225

    29,657.66
    +36.67 (+0.12%)
     

North American Cannabis Holdings Announces NaturesComfortMeds JV In Conjunction With Aug 3rd Spin-off And Shareholder Dividend

Cannabis and PTSD Treatment Developments Includes Brown University Testing and Hasbro Children's Hospital Partnership

DALLAS, TX / ACCESSWIRE / July 20, 2015 / North American Cannabis Holdings, Inc. (USMJ) recently announced a preliminary agreement to spin-off the Company's healthcare operations and issue stock in the spin-off company to USMJ shareholders. This press release is a follow-up to the spin-off announcement intended to provide more information on the planned operations of the healthcare spin-off.

North American Cannabis Holdings has a number of cannabis consumer products under development in the health and wellness market among other market segments. One product category is being developed under a joint venture agreement with NaturesComfortMeds.org. Health and wellness cannabis consumer products under development include treatments for cancer and post traumatic stress disorder (PTSD). NaturesComfortMeds developments include testing with Brown University and a partnership with Hasbro Children's Hospital. Learn more about NaturesComfortMeds work at www.naturescomfortmeds.org.

The following links in addition to recent announcements in addition to the "about" section below provide a more comprehensive overview of North American Cannabis Holding's overall cannabis consumer product development business:

BLOOMBERG: USMJ CORPORATE NAME CHANGE

BLOOMBERG: USMJ AMERICANNA CAFÉ BEVERAGE BUSINESS

BLOOMBERG: USMJ CITYBLENDS ACQUISITION

BLOOMBERG: USMJ PRO FORMA ACQUISITION FINANCIAL STATEMENT

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 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, amongst 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:

Mike Murphree
Phone: +1-972-528-0162
Email: mike.murphree@americanseedandoil.com

SOURCE: North American Cannabis Holdings, Inc.