Today, North American Cannabis Holdings, Inc. (OTC:USMJ) announced that they have officially finalized their recently proposed dividend plan with FINRA. Below is USMJ's record with FINRA as well as our briefing of the details.
According to FINRA Record ID 40103116, published on FINRA's OTC Daily List of Dividends and Distributions for December 8th, for every 200 shares of USMJ common stock, a shareholder will receive 1 restricted share of Puration, Inc. (OTC:PURA).
This dividend distribution of Puration shares is set to happen on Monday, December 12th according to the filing. However, the record date of the dividend is listed as October 21st, 2016. Currently, each common share of PURA is trading at $0.0175 per share, and each common share of USMJ is trading at $0.0004 per share.
For more information and recent coverage on North American Cannabis Holdings, Inc. be sure to check out USMJ's stock profile in our marijuana stocks database. Also, don't forget to connect with us on social media using the links to the right of this article. For USMJ's press release regarding the dividend payment of PURA, click here.