North American Cannabis Holdings Reports 23% Annual Revenue Growth, and 45% Reduction in Liabilities

Today, North American Cannabis Holdings, Inc. (OTC:USMJ) filed its 2016 Annual Report for the year ending June 30th, 2016. Shares of USMJ are up following the positive report.
Highlights:
USMJ reported sales of $515,475.
This represents annual revenue growth of roughly 23%.
USMJ cut over $2,000,000 in debt.
This represents a reduction in balance sheet liabilities by approximately 45%.
There will be an upcoming dividend scheduled for October 21, 2016 where USMJ shareholders will be issued shares in Puration Inc. (OTC:PURA).
For the full North American Cannabis Holdings (OTC:USMJ) 2016 Annual Report, click here.
For the full press release regarding the 2016 Annual report, click here.
Chart Credit: Tradingview
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