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Posted On: 10/09/2018 1:38:11 PM
Post# of 75043
Sorry guys tired to copy and paste something from the S-1 and it went a little stupid. I'll try it again. It just states that because we are made from industrial hemp we are totally legal with the US Govt. Not just per state, ALL
STAThe Company’s hemp and CBD products are derived from
industrial hemp, not marijuana. There is a clear scientific distinction
between the two plants: The Company’s products contain less than 0.3% tetrahydrocannabinol (“THC”),
the psychoactive compound found in marijuana. (Most marijuana
contains over 10% THC). There is also a clear legal distinction between the two plants. While marijuana is
illegal under U.S. federal law, the industrial hemp used in our
products is 100% legal at the federal level. It is grown under a duly-licensed state agricultural pilot program conducted by the Colorado
Department of Agriculture, as authorized by the 2014 U.S. Farm Bill. The Farm Bill explicitly exempts hemp products from the definition
of “marijuana” and explicitly exempts hemp products from the
purview and regulation of the Controlled Substances Act. Furthermore, the 2016 Omnibus
Appropriations Act specifically instructs federal agencies not to
interfere with the transport or sale of pilot program hemp products such as the ones sold by the Company. TES.
STAThe Company’s hemp and CBD products are derived from
industrial hemp, not marijuana. There is a clear scientific distinction
between the two plants: The Company’s products contain less than 0.3% tetrahydrocannabinol (“THC”),
the psychoactive compound found in marijuana. (Most marijuana
contains over 10% THC). There is also a clear legal distinction between the two plants. While marijuana is
illegal under U.S. federal law, the industrial hemp used in our
products is 100% legal at the federal level. It is grown under a duly-licensed state agricultural pilot program conducted by the Colorado
Department of Agriculture, as authorized by the 2014 U.S. Farm Bill. The Farm Bill explicitly exempts hemp products from the definition
of “marijuana” and explicitly exempts hemp products from the
purview and regulation of the Controlled Substances Act. Furthermore, the 2016 Omnibus
Appropriations Act specifically instructs federal agencies not to
interfere with the transport or sale of pilot program hemp products such as the ones sold by the Company. TES.
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