North American Cannabis Holdings Inc (OTCMKTS:USMJ) has announced the preview of its brand new e-commerce site. The company is ready with a myriad of products for sale on USMJ e-commerce site. It is ready for launch in all aspects including the secured payment engine and waiting for legal audit and clearance. The company is likely to start the sale on e-commerce site by the end of December 2018. North American Cannabis Holdings is all set to reach the annual sales target of $10 million from the current $1 million following the launch of an e-commerce site.
Chairman and CEO of North American Cannabis Holdings Inc Issues An Update on Positive Impact of the US 2018 Hemp Farm Bill
Founder, Chairman and Chief Executive Officer of North American Cannabis Holdings Inc., Steven Rash has released a letter to the interested parties and investors in its family of businesses discussing the positive impact of the recently passage Hemp Farm Bill 2018 in the US.
After entering the cannabis sector in the US in 2013, the company has formed five public companies in the last five years. The shareholders interested in the letter of Steve Rash include Nouveau Life Pharmaceuticals Inc (OTCMKTS:NOUV), Priority Aviation Inc (OTCMKTS:PJET), Puration Inc (OTCMKTS:PURA), Kali Inc (OTCMKTS:KALY), and North American Cannabis Holdings Inc (OTCMKTS:USMJ).
What does the CEO Letter Say?
CEO said some people are enjoying the recreational cannabis whereas others benefited from the medical use of cannabis. Yet, others are expecting exponential returns on investment in the cannabis. It all depends to a great extent on expected signing of 2018 Hemp Farm Bill in the US. The hemp farming bill if legalized will bring numerous benefits to various industries such as energy, construction, pharmaceuticals, and farming. Hemp finds wide usage as the raw material in paper production, clothing and construction. Hemp Fiber is also used in the production of super capacitors and microprocessors.
The 2018 US Hemp Farm Bill is expected to be signed into law by President Donald Trump. The industrial hemp is expected to be legal on January 1, 2019. Therefore, the demand for hemp in the US is expected to surge multi-fold in the near future.