North American Cannabis Holdings, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Steven Rash
- Full Time Employees
- 2
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 14065 Proton Road Dallas TX United States of America 75244
- IPO Date
- Nov 9, 1998
- CIK
- 0001096915
- Website
- aciconglomerated.com
- Similar Companies
- Business
- North American Cannabis Holdings, Inc. is a cannabis-focused company engaged in the production and sale of hemp and cannabis products, with a diversified portfolio that includes cannabis-infused food and beverage products and CBD sports nutrition beverages. The company operates the e-commerce platform USMJ.com, leveraging its capabilities to expand sales and consumer reach. Its product offerings include the EVERx CBD Sports Nutrition Beverage, acquired through a royalty agreement with Puration, Inc., which was relaunched at the Arnold Sports Festival, signaling an expansion in its consumer product line. North American Cannabis Holdings holds eligibility to apply for a provisional adult-use marijuana cultivation license in New York, following legislative changes that permit existing hemp businesses to transition into adult-use cannabis cultivation, positioning the company for entry into the adult-use cannabis market. The company aims to generate additional revenue, with a strategic plan targeting $20 million in growth driven by expansion in e-commerce sales and adult-use marijuana cultivation opportunities. Its operations include a subsidiary with four years of hemp cultivation experience focused on CBD products, accompanied by plans to develop cannabis applications that promote consumer wellness. The headquarters is located in Dallas, Texas, and the company was founded in 1995. North American Cannabis Holdings is aligning its strategy with anticipated federal marijuana legalization and state-level adult-use cannabis markets, supported by partnerships and operational alliances, including a noted relationship with Priority Aviation, Inc. for operational support. The company's recent major changes encompass the relaunch and new production run of the EVERx beverage, expansion into New York's legal cannabis market via license eligibility, strengthened e-commerce operations, and a clear emphasis on scaling through acquisitions and new product development within the cannabis sector. These initiatives indicate a strategic shift towards becoming a vertically integrated player in both hemp-derived and adult-use cannabis markets in North America.
ACI On Behalf of USMJ, PURA and PJET Applaud Marijuana Legalization Is Approved In House Vote
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USMJ.com Announces Memorial Day Sale - 15% OFF Storewide + Free Shipping
PAOG Releases CBD Nutraceutical 2021 Product Launch Preview Highlighting PURA EVERx Partnership, ALKM Co-Packing and USMJ Distribution
PURA and USMJ Confirm ALKM Order To Produce Sugar-Free EVERx CBD Sports Water
PURA and USMJ Confirm ALKM Order To Produce Sugar-Free EVERx CBD Sports Water
PAOG Expects To Realize Revenue This Year From New CBD Nutraceuticals
PAOG Expects To Realize Revenue This Year From New CBD Nutraceuticals
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PAOG Confirms CBD Nutraceutical Development And Distribution Partners