Business

North American Cannabis Holdings, Inc. (OTCMKTS:USMJ) Update On Its New Restaurant

North American Cannabis Holdings, Inc. (OTCMKTS:USMJ) reported its longtime-in-the-coming restaurant based close to The Star in Frisco, Texas, will be launching soon. The company ventured into the restaurant segment in 2015 launching the AmeriCanna Cafe concept. It has since introduced two new restaurant sites since buying its initial restaurant in the Dallas metropolitan region as the foundation of advancing its AmeriCanna Cafe concept.

The buzz

North American restaurant concept has emerged since 2015 to become two varied restaurant concepts emphasized on different restaurant market divisions. Management intends to diversify its restaurant operations further into numerous restaurant concepts aiming several restaurant market divisions. The Frisco location, is set to commence later this year aiming the fitness-focused restaurant division. Frisco is close to the Dallas-Fort Worth Airport as well as downtown Dallas. The Dallas metropolitan region is base to 6.8 million people.

The firm will be sharing more updates on its expanding restaurant business at the imminent Annual Arnold Sports Festival in Columbus, Ohio from March 1 to March 4, 2018. North American is participating in the event with Puration, Inc. It will be showcasing its expanded EVERx Cannabidiol Infused Sports Water accessible at North American restaurants. This year marks as the 30th Anniversary of the event which is now host to several athletes, surpassing Olympics with more than 18,000 athletes and 70 sporting events. The Arnold will comprise an Expo with more than 1,000 booths.

In unrelated news, North American Cannabis reported a web presentation that was planned for February 16, 2018 to present details pertaining a letter of intent to buy a business in California planned to Position Company for entry into California’s cannabis segment expected to realize sales of $5.1 billion in 2019. The firm recently reported its strategic developments and intentions in Canada and California. Similar development is expected in Canada later this month.