Business
USMJ CEO 2019 New Year Msg Outlining $20 M Revenue Goal for USMJ Family of Companies – PURA KALY PJET NOUV
USMJ CEO 2019 New Year Msg Outlining $20 M Revenue Goal for USMJ Family of Companies – PURA KALY PJET NOUV.
About this update from Kali Inc
[{"type":"text","content":"\nDALLAS, Jan. 04, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – North American Cannabis Holdings, Inc. (USOTC: USMJ) (“USMJ”) today released a 2019 New Year message from the CEO and Chairman Steven Rash.  Mr. Rash is also the President and Chairman of ACI Conglomerated, the majority shareholder of USMJ.  His letter, included below in its entirety, provides an update on pending key events for USMJ and the USMJ family of companies to include, Puration, Inc. (USOTC: PURA) (“PURA”), Kali, Inc. (dba/Kali-Extracts) (USOTC: KALY), Nouveau Life Pharmaceuticals, Inc. (dba/Nouveau) (USOTC: NOUV) and Priority One Aviation (Pending Name Change) (USOTC: PJET) (“PJET”).  ACI Conglomerated is the majority shareholder of all of the USMJ family of companies except for KALY.  KALY is part of the family through contract.  PURA has licensed KALY’s patented cannabis extraction process for the production of cannabis infused beverages and PURA and KALY are partners in a joint venture with NOUV called US Cannabis Health.  Combined, with a specific by company breakout included in the letter below, the USMJ family of companies have an initial revenue goal totaling $20 million.  As some of the companies in the family of companies have not yet set revenue goals, the total goal is expected to increase by the end of the first quarter.  Read more below:\n Dear Shareholders –Let me start by wishing all a Happy New Year.  I consider 2018 to have been a great year for the USMJ family of companies and I anticipate 2019 to be a pivotal year for the US cannabis industry at large and in turn, a tremendous year for USMJ, PURA, KALY, NOUV and PJET.  As I have noted in a previous communication, the legalization of hemp farming in the United States under the 2018 Farm Act is the biggest thing yet to happen to the cannabis sector world-wide and potentially the biggest event that will ever happen in the cannabis sector.  On behalf of all our companies, I’m excited about the prospects of having US domestic hemp for the production of CBD.  This will be a watershed event for KALY and PURA.  Even knowing the CBD aspect of legal hemp farming is a watershed event for KALY and PURA, I also know that legal hemp farming is much, much bigger than just CBD produ...