Dallas, TX – August 26, 2016 – North American Cannabis Holdings, Inc. (USMJ) plans to announce a dividend date next week. The announced date will be the date on which all USMJ shareholders of record will be designated to receive common stock from Puration, Inc. (PURA). The dividend issuance is in conjunction with the sale of a USMJ asset last year to PURA. USMJ anticipates making the dividend date announcement on Thursday, September 4, 2016. The date set as the dividend date is anticipated to be a date within the next 30 days. USMJ anticipates finalizing plans whereby for every 200 shares of USMJ stock owned, a shareholder will receive 1 share of PURA common stock.
This dividend issuance is part of a strategic plan implemented by USMJ. The Company anticipates future dividends to be issued in conjunction with the Company’s strategic plan. To learn more about USMJ and its dividend plan, visit the Company’s website:
To learn more about North American Cannabis Holdings:http://www.growusmj.com.
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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.
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