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Posted On: 06/18/2019 10:41:34 AM
Post# of 38228
OTCQB $WCVC and $USMJ To Lead Joint Cannabis Themed Restaurant Strategy
Low Float un 50M, $3M+ Revenues, 6 Operating Restaurants, CBD Edibles Menu and selling its own Brand of CBD Water, #FRANCHISING #CBDedibles #Cannabis #MJ #CBDwater #OTCQB
Dallas, TX -- June 17, 2019 -- -- North American Cannabis Holdings, Inc. (USOTC: USMJ) (“USMJ”) today issued an update on its plans with West Coast Venture Group, Corp. (WCVC) (“WCVC”).
WCVC $3 Million In Annual Revenue With $0.07 PPS and $0.20 PPS Potential
WCVC is the owner and operator of Illegal Burger operating in cannabis friendly Colorado and introducing their very own cannabis infused menu. WCVC is a fully reporting company with audited financials reporting over $3 million in annual revenue. Based on a recent analysis published by WCVC, on conventional market comparable valuations, WCVC can support a $0.20 PPS.
USMJ has piloted a concept restaurant called The AmeriCanna Cafe. In a strategy to expand the pilot, USMJ spun the AmeriCanna Cafe off into an independently listed company, Priority Aviation, Inc. (USOTC: PJET). In accordance with the spinoff deal, PJET is undergoing a name change in conjunction with its new business direction. Simultaneously, with the spinoff, USMJ entered into a partnership with WCVC to advance the AmeriCanna Cafe restaurant initiative. Based on WCVC’s momentum stemming from WCVC’s management expertise in the restaurant industry, USMJ and PJET management plan to give WCVC increased authority on the overall AmeriCanna Cafe initiative. USMJ will provide logistics services and PJET will work primarily as an investor on the AmeriCanna Cafe initiative.
https://www.otcmarkets.com/stock/WCVC/news/US...?id=231787
Low Float un 50M, $3M+ Revenues, 6 Operating Restaurants, CBD Edibles Menu and selling its own Brand of CBD Water, #FRANCHISING #CBDedibles #Cannabis #MJ #CBDwater #OTCQB
Dallas, TX -- June 17, 2019 -- -- North American Cannabis Holdings, Inc. (USOTC: USMJ) (“USMJ”) today issued an update on its plans with West Coast Venture Group, Corp. (WCVC) (“WCVC”).
WCVC $3 Million In Annual Revenue With $0.07 PPS and $0.20 PPS Potential
WCVC is the owner and operator of Illegal Burger operating in cannabis friendly Colorado and introducing their very own cannabis infused menu. WCVC is a fully reporting company with audited financials reporting over $3 million in annual revenue. Based on a recent analysis published by WCVC, on conventional market comparable valuations, WCVC can support a $0.20 PPS.
USMJ has piloted a concept restaurant called The AmeriCanna Cafe. In a strategy to expand the pilot, USMJ spun the AmeriCanna Cafe off into an independently listed company, Priority Aviation, Inc. (USOTC: PJET). In accordance with the spinoff deal, PJET is undergoing a name change in conjunction with its new business direction. Simultaneously, with the spinoff, USMJ entered into a partnership with WCVC to advance the AmeriCanna Cafe restaurant initiative. Based on WCVC’s momentum stemming from WCVC’s management expertise in the restaurant industry, USMJ and PJET management plan to give WCVC increased authority on the overall AmeriCanna Cafe initiative. USMJ will provide logistics services and PJET will work primarily as an investor on the AmeriCanna Cafe initiative.
https://www.otcmarkets.com/stock/WCVC/news/US...?id=231787
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