North American Cannabis Announces National Rollout of AmeriCanna Cafes

TEXAS: North American Cannabis Holdings thinks its cannabis-themed cafes could be the next big thing in fast food.  The company today announced its $2 million AmeriCanna Cafe 12-month revenue rollout plan targeting multi-brand quick-serve restaurant operators.

In a first step toward developing a cannabis themed restaurant for the health conscious consumer, North American Cannabis Holdings last year acquired a fitness cafe with a full breakfast, lunch and dinner menu.  The acquired fitness cafe includes a national brand named smoothie product.  The operation of the acquired fitness cafe has provided North American Cannabis Holdings with a platform for developing its AmeriCanna Cafe concept.  The Company realized approximately $500,000 in sales over the previous 12 months operating the fitness cafe.

North American Cannabis Holdings is now launching a campaign to franchise and license the AmeriCanna Cafe as a cannabis themed, fast casual concept to targeted multi-brand quick-serve restaurant operators.

Fast casual restaurants are a hybrid of fast food and casual dining restaurants. Fast casual restaurants provide fresher, higher quality and often more health conscious food items than a typical quick-serve restaurant while still appealing to a relatively “fast” dining experience mentality. Example fast casual restaurants include Chipotle Mexican Grill, Panera Bread, Shake Shack, Habit Grill), Fiesta Restaurant Group, Noodles & Co, Zoe’s Kitchen, and Potbelly – all publicly traded. The fast casual segment makes up over $20 billion of the $580 billion restaurant sector.

North American Cannabis Holdings anticipates $1.5 million in revenue over the next 12 months to result from the opening of new AmeriCanna Cafe restaurants through license and franchise contracts with another $500,000 dollars to come in from the sale of our EVERx sports and fitness supplements.  The current forecast is estimated on only one license agreement expected to result in multiple AmeriCanna Cafe openings.  North American Cannabis Holdings is actively negotiating two additional agreements at this time and pursuing yet more.  Any additional agreements will potentially result in an upward revision of the current $2 million forecast.

Up In Smoke: New Oregon Law Closing ‘Cannabis Cafes’

OREGON: As of Jan. 1. the World Famous Cannabis Cafe in Portland is being forced to close, as state lawmakers have broadened the state’s clean indoor air regulations to include marijuana.

Within House Bill 2546, lawmakers defined what they mean by “inhalant.”

By law an Inhalant means:  “Nicotine, a cannabinoid or any other substance that’s inhaled into a person’s respiratory system.”

With this new law, marijuana lounges, of which only a handful exist, are not allowed in the state of Oregon.

High Life Social Club Latest Halifax Cannabis Club

CANADA:  A members-only cannabis cafe has been quietly operating in Halifax for the past two months.

Owner Chris Henderson says the High Life Social Club, located on Spring Garden Road, is a place to relax and enjoy cannabis.

“For adults, where people can come and bring their own cannabis and use it here freely,” he said. “In a nice, safe place where you feel comfortable.”

Daily, weekly, monthly and yearly memberships are available. The daily fee is $4.35 plus tax. The yearly fee: $173.92 + HST.

Cannabis Cafes Could Set Up Shop In Berlin

GERMANY: When Monika Herrmann took office as Berlin Kreuzberg’s mayor in August, she made cannibis legalization a priority. It’s a topic igniting controversy in the city’s capital, especially with German federal elections set for Sept. 22. [Read more…]