PJET Jumps 300% On USMJ PURA and WCVC Deals
November 05 2018 - 9:49AM
InvestorsHub NewsWire
New York, NY -- November 5, 2018 --
InvestorsHub NewsWire -- Priority Aviation (USOTC:
PJET) is transitioning into the cannabis sector. The
transition started last year and has been creeping along at a
snail’s pace until last week when it was part of three major
announcements that substantially accelerated the transition and saw
the stock jump up 300% to $0.002. The PPS has since pulled
back to $0.001 offering an entry point for new investors to enjoy
gains to possibly over a penny.
PJET acquired from North American Cannabis
Holdings, Inc. (USOTC:
USMJ), the AmeriCanna Cafe, and the very next day, PJET sold
its Telluride Health Company subsidiary to Puration, Inc. (USOTC:
PURA). Just prior to the PJET and USMJ transaction, USMJ
announced the AmeriCanna Cafe business entering into a deal with
West Coast Venture Group, Corp. (OTCQB:
WCVC). WCVC owns and operates 5 restaurants to the tune
of $3 million in annual sales all in the Denver, Colorado
region. WCVC and PJET have partnered to rollout AmeriCanna
cafe restaurants in Colorado near marijuana dispensaries.
PJET now owns a substantial asset and even with a 300% PPS
increase, PJET is probably still undervalued. Seeing PJET
head above a penny would not be an overwhelming surprise. The
PJET partnership should also bode well for WCVC by bringing WCVC
into the burgeoning cannabis sector. By adding PJET to the
USMJ and PURA fold, both USMJ and PURA enhance their existing
businesses with a new public holding company family member that can
contribute to the USMJ and PURA brand exposure and offer another
sales channel for existing USMJ and PURA
products.
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