North American Cannabis Holdings Inc. (OTCMKTS:USMJ) Stock In Focus: Company Releases Update
Shares of North American Cannabis Holdings Inc. (OTCMKTS:USMJ) have been trading within a narrow range over the past few weeks.
Market Stats
On Tuesday, USMJ stock ended flat at $0.0005 with more than 27.70 million shares, compared to its average volume of 56.97 million shares. The stock moved within a range of $0.0004 – 0.0006 after opening trading at $0.0005.
North American Cannabis Holdings Successfully Launches Reboot of EVERx CBD Sports Nutrition Beverage at Arnold Sports Festival
North American Cannabis Holdings, Inc. (OTCMKTS:USMJ) has announced the resounding success of its EVERx CBD Sports Nutrition Beverage reboot, on March 08, 2022. It took place during the past weekend at the Arnold Sports Festival. An all-new formula and packaging was introduced here!
USMJ CEO Steven Rash is highly enthusiastic about the response, as people are lining up outside their booth to get the new EVERx. He states that the new packaging and formula is what made EVERx a huge hit. It now returns to the Arnold Classic with 20,000 athletes from 80 nations participating in 60 sports and events. After the Arnold EXPO, EVERx will soon be available in retail stores, giving a boost to their current ecommerce sales on the company website. EVERx is also sponsoring Jan Tana Bodypainting Revolution event taking place this week.
EVERx was originally launched at the Arnold Sports Festival in 2017. Arnold Schwarzenegger was the face of the campaign, which generated more than 2 million in sales annually. EVERx was acquired by North American Cannabis Holdings from its sister company, Puration, Inc., in 2021, in exchange for a royalty agreement. The beverage is bottled by Alkame Holdings, which has contributed immensely to the updated EVERx formula.
Traders Corner
USMJ stock is trading below the 20-Day and 50-Day Moving averages of $0.0005 and $0.0005 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0007.
