USMJ is a subsidiary company of North American Cannabis Holdings.In 2015, North American Cannabis Holdings acquired a sports nutrition wholesaler and restaurant as a foundation for building the AmeriCanna Cafe restaurant concept. The restaurant was a flagship of a national chain of sports nutrition restaurants. The corporation that managed the national chain became North American Cannabis Holdings' partner. In addition to developing the AmeriCanna Cafe concept through the acquired assets and with the help of a strategic partner, North American Cannabis Holdings also acquired years of expertise in restaurant management and the wholesale supply of restaurants. With the food and beverage sector of the overall cannabis market seeing investment ranging upward of a billion dollars (for example, the $4 billion cannabis sector investment by Corona Beer's parent Constellation Brands), an experienced cannabis logistics service provider with specific expertise in the food and beverage industry will be highly valuable. North American Cannabis Holdings is spinning off its restaurant operations and building on its wholesaling capabilities. North American Cannabis Holdings will continue to supply the restaurant business post spinoff. The spinoff company will acquire and develop additional restaurant operations. The first post spinoff acquisitions are already under development. Management has architected the spinoff to include a stock dividend of spinoff shares to the shareholders of North American Cannabis Holdings.
The North American Cannabis Holdings' acquisition of a fitness wholesaler and restaurant operation in 2015 came with a key strategic partnership. The restaurant North American Cannabis Holdings acquired was the flagship of a national chain of sports nutrition restaurants. North American Cannabis Holdings partnered with the national sports nutrition restaurant chain to develop and trial cannabis sector food and beverage products and restaurant concepts. The retail experience from servicing and supplying over 250 restaurants for nearly two decades was an invaluable tool to North American Cannabis Holdings. That experience and ongoing partnership positions North American Cannabis Holdings to be an exceptional supplier and partner to cannabis food and beverage retailers. The company has already begun supplying retailers with cannabis infused food and beverage products and plans to accelerate growth through acquisition. North American Cannabis Holdings has launched an acquisition campaign to expand its distribution capacity. In addition to supplying and servicing brick and mortar cannabis sector retailers, North American Cannabis Holdings is also building an internet portal to market and sell cannabis sector products online.
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