NetworkNewsBreaks – Veritas Pharma Inc. (CSE: VR
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Posted On: 01/09/2018 6:08:15 PM
NetworkNewsBreaks – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Responds to Cole Memo Repeal
Emerging-stage pharmaceutical and IP development company Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) this morning issued a follow-up statement to the memorandum issued by Attorney General Jeff Sessions on January 4, 2018, concerning marijuana enforcement and the repeal of the Cole Memo. In the update, Veritas noted that the AG’s decision largely relates to the recreational cannabis marketplace, in which individual states have allowed sales over the last 24 months. Conversely, the company notes, it does not affect the medical cannabis marketplace. As such, Veritas intends to build on its commitment to advancing the science of medical cannabis in the U.S. states where it is currently legal. Through majority-owned subsidiary Cannevert Therapeutics Ltd., Veritas will continue to support the growing demand for reliable medical grade cannabis aimed at treating a range of conditions, including pain, nausea, epilepsy and PTSD. The company will also continue to actively engage with advisors at both the state and federal levels to provide assistance to government officials regarding the policymaking initiatives currently shaping the medical cannabis market across the United States.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Emerging-stage pharmaceutical and IP development company Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) this morning issued a follow-up statement to the memorandum issued by Attorney General Jeff Sessions on January 4, 2018, concerning marijuana enforcement and the repeal of the Cole Memo. In the update, Veritas noted that the AG’s decision largely relates to the recreational cannabis marketplace, in which individual states have allowed sales over the last 24 months. Conversely, the company notes, it does not affect the medical cannabis marketplace. As such, Veritas intends to build on its commitment to advancing the science of medical cannabis in the U.S. states where it is currently legal. Through majority-owned subsidiary Cannevert Therapeutics Ltd., Veritas will continue to support the growing demand for reliable medical grade cannabis aimed at treating a range of conditions, including pain, nausea, epilepsy and PTSD. The company will also continue to actively engage with advisors at both the state and federal levels to provide assistance to government officials regarding the policymaking initiatives currently shaping the medical cannabis market across the United States.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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