North American Cannabis Holdings Inc (OTCMKTS:USMJ) is one of the companies that support the use of cannabis in fighting diseases. The company seeks to come up with top-notch applications that will simplify the lives of consumers a huge deal. It was today that the business guru spoke in relation to its plan to spin off its AmeriCanna Cafe business.
A close outlook
Several company officials have indicated their great support for company’s decision to sell out its AmeriCanna Cafe business. As a matter of fact, the deal involves the exchange for a convertible purchase note. PJET IS the one issuing it out.
PJET and USMJ intend to be quick in their move to convert the $1.5 million note. They seek to convert it into a large number of the PJET common shares.
Reports indicate that the various PJET common shares involved in the conversation exercise will be for the shareholders. They will receive them in the form of dividends but soon the two will provide further updates.
The turn of events
Puration Inc (OTCMKTS:PURA) has plans underway to purchase Telluride Health Company.This is the big name behind the manufacture of Telluride Happy Water. An official working with the company terms the drink a delicious and quite a refreshing one. It seeks to take the experience of the various cannabis consumers a notch higher.
Sources indicate that in its constitutional make up North American Cannabis Holdings has a greater level of dissolved oxygen. One can easily find the bottled water in a large number of markets around the globe.
PURA says that if all moves according to plan it will make the product available to consumers before Christmas. The company looks forward to witnessing the Happy Water lift the experience of consumers a great deal.
The president of Telluride Health Company Yasmine Acebo opined, “I’m very happy to have Telluride Health Company become part of the Puration family. Leveraging Puration’s experience in the public company arena and in producing beverages frees us up to focus on sales and marketing of Telluride Happy Water.”