DALLAS, October 14, 2015 /PRNewswire/ -- North American Cannabis Holdings, Inc. (USMJ) Today Announced the first AmeriCanna Café licensee. The Company launched its AmeriCanna Café business in June this year in conjunction with the acquisition of a CityBlends Café to jumpstart a nationwide rollout of a cannabis beverage café chain. The cannabis market online magazine Cashinbis has labeled the AmeriCanna Café concept “the Starbucks of Cannabis.” In August, the Company announced selecting Frisco, Texas, adjacent to the new home of the Dallas Cowboys as the site to build the flagship AmeriCanna Café. The AmeriCanna Café business takes a substantial step forward today with the signing of its first licensee. An investor has singed a license agreement to build an AmeriCanna Café in Atlanta, Georgia. The license agreement includes a $500,000 investment commitment to be dedicated toward build-out, marketing and product purchase from North American Cannabis Holdings. In addition to the Atlanta license, the licensee has a first right of refusal on all AmeriCanna Café stores to be opened in the State of Georgia.
Learn more about North American Cannabis Holdings in the recent research report released by Caprock Research:
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: http://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.