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North American Cannabis Holdings 47 Percent Qtr to Qtr Revenue Growth and 39 Percent Gross Profit Increase to be Featured in CEO Earnings Presentation

CEO Presentation Reviewing Financial Performance Following Quarterly Report Ending Dec 31 and Previewing Ongoing Anticipated 2016 Growth Scheduled for Tomorrow Feb 25

DALLAS, TX / ACCESSWIRE / February 24, 2016 / North American Cannabis Holdings, Inc. (OTC: USMJ) today announced an online Earnings Presentation from CEO Steven Rash to be published on the Company's website tomorrow, February 25, 2016.

On Monday this week, February 22, the Company published its quarterly report for the period ending December 31, 2016, reporting $137,000 in revenue, a 47% increase over the previous quarter. Gross profit increased 39% quarter to quarter totaling $71,000. Overall income from operations improved 47% quarter to quarter with the Company substantially reducing its burn rate.

The Earnings Presentation is anticipated to include Management's plans for accelerated revenue and margin increases in the future driven by the rollout of new retail stores and through the introduction of the recently announced EVERx Sports and Fitness Nutritional Supplements.

The Earnings Presentation is also anticipated to highlight a number of additional notable growth and sustainability indicators included in the recent quarterly report such as the continued reduction of legacy liabilities associated with operations prior to the Company's launch into the cannabis sector and the latest progress on the upcoming dividend distribution of Puration, Inc. stock to be issued to North American Cannabis Holdings' shareholders.

The presentation will end with a preview of CEO Steven Rash's upcoming participation with NaturesComfortMeds, a registered 501(c)(3) not-for-profit organization, at the upcoming Southwest Cannabis Conference and Expo this weekend, February 27 and 28th at the Fort Convention Center.

The SWCC Expo will be a showcase the industries most innovative extracts and products, along with scheduled seminars and presentations by industry business leaders and experts. The SWCC Expo will offer an electric environment where industry reformers, entrepreneurs, investors, and attendees can meet, network, and learn. Montel Williams will be the keynote speaker at the SWCC Expo.

About North American Cannabis Holdings, Inc.

North American Cannabis Holdings, Inc. (USMJ) is founded on the core belief that cannabis makes people's lives better. Cannabis can fight disease, improve wellness and do so in an environmentally sustainable manner. North American Cannabis Holdings is dedicated to finding the best possible applications for cannabis to serve consumers. For more information please visit http://www.growusmj.com.

Follow the company on Twitter: https://twitter.com/US_HEMP.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, among other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

CONTACT:

Steven Rash
Phone: +1-972-528-0162
Email: Info@growusmj.com

SOURCE: North American Cannabis Holdings, Inc.

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