USMJ Reports 23% Revenue Growth To Over $1 Million With Nearly 10% Net Profit

North American Cannabis Holdings, Inc.

DALLAS, Oct. 15, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE – North American Cannabis Holdings, Inc. (USOTC: USMJ) (“USMJ”) today announced reporting $1,059,471 in revenue for its fiscal year end June 30, 2019 compared to $858,175 for the previous year end. The revenue for USMJ increased 23% from 2018 to 2019. USMJ also reported $96,220 in net profit for the year ended 2019. Much of the growth is attributed to USMJ’s new eCommerce site, selling a variety of CBD products and cannabis essentials. USMJ eCommerce sales include EVERx CBD Sports Water from Puration, Inc. (USOTC: PURA) and Hemp4mula candies from Kali-Extracts (USTOC: KALY). On Friday, October 18th, 2019, USMJ management plans to publish a comprehensive update on the companies year to year performance and plans for the 2020.
To learn more visit and
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
Steven Rash
CEO North American Cannabis Holdings, Inc.

The Motley Fool
Contributor at
The Motley Fool is dedicated to helping the world invest — better. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, mutual funds, and premium investing services.

In all we do, we take a different approach.

We believe – and have proven over decades – that the individual investor can beat the market.

We believe that anyone can do it, even if they don’t have a lot of time or money to devote to investing.

We believe in a long-term outlook, helping people build wealth over time.

We believe that the person best positioned to take care of your financial future is you.

And we work tirelessly on behalf of our hundreds of thousands of members who are enjoying the opportunities that come with having enough money to do the things that matter to them.

While we are headquartered in Alexandria, Va., The Motley Fool advocates for the individual investor around the globe with offices in the UK, Australia, Canada, Singapore, and Germany.

Related News