North American Cannabis Holdings Announces Dividend For Shareholders of Record On October 21st

DALLAS, September 27, 2016

North American Cannabis Holdings, Inc. (USMJ) today announced that all shareholders as of October 21, 2016 will be eligible to receive the first dividend to be issued in conjunction with the Company's cannabis enterprise business development model.

USMJ entered the cannabis sector in 2013 with a strategy to pilot various cannabis sector enterprises.  The Company planned to facilitate the financing necessary to expand successful pilot projects by spinning graduating projects off into standalone public companies.  The first spinoff was executed last year when Puration, Inc. (PURA) acquired graduating pilot project assets from USMJ in exchange for PURA preferred stock.  A portion of the PURA preferred stock was designated for conversion into common stock and issuance to USMJ shareholders.  

As of October 21, 2016 (End of Day), all USMJ shareholders of record will be eligible to receive a dividend issuance of PURA common stock.  USMJ shareholders will receive 1 share of PURA common stock for every 200 shares of USMJ common stock they own on October 21, 2016.

In addition to the inherent ROI potential of receiving the dividend, management of both USMJ and PURA believe the dividend issuance can set a new business model standard within the micro-cap public cannabis company sector with USMJ and PURA as clear sector leaders.

More details on the two Companies is available on their respective websites:

USMJ - $2 Million 12 Month Cannabis Themed Restaurant Revenue Plan;  Overall Dividend Strategy & First Planned Dividend