As Additional States Prepare for Legalized Marijuana Availability & Operations, New Cannabis Infused Products and Services Are Introduced to Consumers
CORAL SPRINGS, Florida, June 16, 2015 /PRNewswire/ --
The U.S. is the world's largest consumer of hemp products and a recent effort to introduce a new bill to the U.S. Senate targets stopping the unfair punishment of entrepreneurs and farmers who want to be part of a growing cannabis & hemp industry here America. Marijuana, Hemp and Cannabis Companies with current operations in the U.S. in focus today are: North American Cannabis Holdings, Inc. (OTC: USMJ), Totally Hemp Crazy Inc. (OTC: THCZ), Easton Pharmaceuticals Inc. (OTC: EAPH), Terra Tech Corp (OTC: TRTC) and The MaryJane Group, Inc. (OTC:MJMJ)
North American Cannabis Holdings, Inc. (OTC: USMJ) introduces The Starbucks Of Cannabis - The AmeriCanna Café, a new subsidiary founded on the results of an earlier pilot program. The AmeriCanna Café is a destination beverage company designed to let consumers interface with trained staff to learn about the specific benefits of cannabis and to select healthy and refreshing cannabis infused beverages. The menu will include custom blended hemp infused coffee, cold pressed juices and smoothies in addition to carrying raw hemp seeds and other hemp infused foods. As state and federal law permits, THC infused beverages and foods will be added to the menu.
Read the full USMJ Press Release at: http://www.financialnewsmedia.com/profiles/usmj.html
"Ex-Microsoft executive, Jamen Shively, will have some competition in becoming the Starbucks of Cannabis, said North American Cannabis Holdings CEO, Steven Rash. "We've learned a few things in our beverage pilot that we believe give us an edge in the cannabis destination beverage market, not to mention a pending acquisition that once finalized, we believe will give us yet another leg up." The AmeriCanna Café subsidiary is expected to expand rapidly through a national franchise model accelerated by North American Cannabis Holdings' and originates from one of a series of pilots starting back in 2013 under North American Cannabis Holdings' American Seed & Oil Company subsidiary established to conduct various pilots in the legal cannabis sector in order to explore a variety of high growth potential business opportunities.
In other Cannabis/Hemp News And Recent Developments: Totally Hemp Crazy Inc. (OTC: THCZ) announced last week that Avanzar Sales & Distribution, LLC has been appointed as the Southern California Rocky Mountain High distributor. Bill Juarez, President of Avanzar, has consistently demonstrated an innovative vision and has taken Avanzar from startup to the 'Go-To Guy' brand incubator for new product introductions in Southern California.
Easton Pharmaceuticals Inc. (OTC: EAPH) announces yesterday it has closed on the recently announced MOU with BMV Medica S.A. de C.V. to distribute injectable approved cancer drugs from Biolyse Pharma for Mexico and Latin America. The Easton / BMV agreement is under similar terms as previously announced with the Common Sense Inc. agreement for the diagnostic women's health products which maintains a 50/50 net profit sharing on all sales of a line of generic cancer drugs beginning with "Paclitaxel" and "Docetaxel" from St. Catharines, Ontario based Biolyse Pharma Corporation. The terms of the agreement calls for Easton to support the regulatory filings in Mexico for marketing authorization (MA) together with some ancillary costs.
Terra Tech Corp (OTCQB: TRTC) subsidiary, MediFarm announced in early June they are beginning construction within the next 30 days ontheir medical cannabis dispensary located in the City of Las Vegas.MediFarm's 3,900 sq. ft. facility is located adjacent to the LasVegas strip at 1921 Western Avenue. MediFarm originallyreceived a provisional registration certificate from the State ofNevada Department of Health and Human Services Division of Publicand Behavioral Health on 11/3/2014. Subsequently, MediFarmsubmitted its Las Vegas Business License Application to the City ofLas Vegas Department of Planning Business Licensing Division on11/12/14. The Company anticipates all improvements will becompleted and the facility will be serving patients by earlyOctober 2015.
In other Cannabis market activity to note: The MaryJane Group, Inc. (OTCQB:MJMJ) last week debuted CannaCamp: A Bud+Breakfast Mountain Resort - a 170-acre all-inclusive getaway in Durango, Colorado. Just south of the Rocky Mountains and near some of the state's most beloved outdoor destinations, CannaCamp combines recreational marijuana use and education with a traditional ranch experience to create the country's first-ever cannabis resort. MJMJ closed down over 41% on Monday on heavy trading volume over 167Million shares traded by the market close.
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