Navigation Links
North American Cannabis Holdings and Puration Announce New California Office to Pursue Restaurant and Edible Business in Recreational Market Estimated at $8 Billion
Date:11/9/2016

DALLAS, November 9, 2016 /PRNewswire/ --

North American Cannabis Holdings, Inc. (USMJ) and Puration, Inc. (PURA) announced a new office today opened in California near Los Angeles.  The announcement comes in conjunction with California passing Proposition 64 and legalizing recreational marijuana.  USMJ and PURA have announced restaurant and edible contracts in Colorado where recreational marijuana is already legal.  The two Companies work closely together and have been working specifically of late to open a joint business development office in California in anticipation of Proposition 64 passing.

California Legal Marijuana Market Projected To Grow From $2 Billion To $8 Billion 

A recent Forbes feature includes an estimate that the California marijuana market may grow to over $8 billion from its current $2 billion with the legalization of recreational marijuana.  A New York Times article includes an estimate that the overall legal marijuana market in North America may grow from the $7 billion it is today to $22 billion in the next four years as a result of yesterday's legalization votes.

USMJ Revenue Growth and PURA New Contracts 

USMJ has carved out a base annual revenue of $500k since entering the cannabis sector in 2013.  USMJ also developed and spun off the cannabis extraction business that is now the primary operation of PURA.  PURA has recently announced its first two contracts and indicated a third is pending.

To learn more about where marijuana is now legal in the United States after yesterday's votes, visit growusmj.com.

To learn more about the USMJ and PURA office in California, visit either of the two company websites.

To learn more about North American Cannabis Holdings:        growusmj.com.
Follow the Company on Twitter: US_HEMP 

To learn more about Puration: purationinc.com

Follow Puration on Twitter: Puration710

Visit Puration on Facebook:  Facebook.com/puration/

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Puration Contact:
Brian Shibley, CEO
info@purationinc.com
+1-214-937-9097

USMJ Contact:
Steven Rash 
info@growusmj.com
+1-972-528-0162 


'/>"/>
SOURCE Puration, Inc.
Copyright©2016 PR Newswire.
All rights reserved


Related medicine technology :

1. North American Cannabis Holdings and Puration Prepare for Legal Marijuana Sector to Potentially Triple from $7 Billion to $22 Billion After Votes Today are Tabulated
2. Cardiology Associates of North Mississippi Deploys MedAptus for Inpatient Charge Capture Efficiency
3. Asia and North Africa Critical Care Equipment Market Worth 2.61 Billion USD by 2021
4. North American Cannabis Holdings and Nature Comfort Med Make Plans for Commercial Application of Cannabis Botanical Extraction Patent
5. North American Cannabis Holdings and Former Chicago Bears QB Jim McMahon Announce The Cannabis Sports Policy Project
6. Arthroscopy Procedures and Products Market: North America and Europe Collective Hold 75% Market Share, Says Future Market Insights (FMI)
7. Global Cell Lysis/Cell Fractionation Market: 10.3% CAGR to 2021 Forecast led by North America
8. North America Scar Treatment Market Expected to Account for US$ 4,190.6 Mn by 2022, Persistence Market Research New Report
9. Global Home Healthcare Market to Account for US$303.60 Bn by 2020 With North America at Forefront: Transparency Market Research
10. North America Anticoccidial Drugs Market (2015-19) - Expected to Grow by 3.4%
11. Global Market Study on Dermatophytic Onychomycosis Therapeutics (DOT): North America Expected to Account for Maximum Market Share by 2021, Due to Increasing Prevalence of Fungal Toe Nail Infections
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/12/2019)... , ... June 12, 2019 , ... Through their Sidewalk ... (GLA) to share the importance of protecting your entire family from Lyme and other ... legs or how much fur we have. , Through this partnership SWA and ...
(Date:6/12/2019)... ... 12, 2019 , ... In the United States, there are more than 300,000 ... breast reconstruction plays an important part of healing. , As ... is also increasing. There are many options available today for patients who choose ...
(Date:6/11/2019)... ... June 11, 2019 , ... ... clinical outcomes, today announced the latest enhanced release of OptiAnalytics Navigate. This ... and prospective customers. , “We are thrilled to offer these customer-focused ...
Breaking Medicine Technology:
(Date:6/13/2019)... (PRWEB) , ... June 13, 2019 , ... Women’s Excellence in Obstetrics and Gynecology specializes ... conditions, some that may be difficult to diagnosis. Women’s Excellence handles routine and complicated ... cysts , Endometriosis , Heavy periods , Adhesions (scar ...
(Date:6/13/2019)... , ... June 13, 2019 , ... ... is proud to present the second annual Women|Future Conference and the ... allow attendees to better position themselves and their organizations in tomorrow's marketplace. , ...
(Date:6/13/2019)... ... June 13, 2019 , ... ... that the final entry deadline in the 2019 competition is extended to July ... the world’s premier business awards program, The IBAs attract nominations from organizations in ...
(Date:6/12/2019)... SACRAMENTO, Calif. (PRWEB) , ... June 12, 2019 ... ... of dementia is causing relationships with caregivers and dementia patients to deteriorate. ... study that included a survey with professional caregivers who care for people ...
(Date:6/12/2019)... YORK (PRWEB) , ... June 12, 2019 , ... ... travel management companies headquartered in the U.S., today announced that its Chairman and ... highest annual honor. The award was presented last Wednesday evening at New York ...
Breaking Medicine News(10 mins):