NetworkNewsBreaks – Phivida Holdings Inc. (CSE:
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Posted On: 12/06/2018 5:31:32 PM
NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) to Benefit from Progressive Developments in the Cannabis Sector
Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) is poised to benefit from recent, progressive developments in the cannabis space. An article discussing the company reads, “Among the forces driving the exuberance were news that Michigan had become the tenth state (plus Washington, DC) to legalize recreational marijuana use and that medicinal marijuana extract use won over voters in Utah and Missouri, solidly securing more than half of U.S. states in the medical use camp despite ongoing disdain at the federal level. … But even the federal government has been signaling a slow U-turn on its prohibition of cannabis use. Congressional legislators have been preparing to deregulate hemp cultivation in the agricultural industry, and the House of Representatives’ swing toward the Democratic camp in the elections likely assures that it will happen in the near future, if agreements stall this year. Cannabis advocates also celebrated the ouster of Attorney General Jeff Sessions, the nation’s top law enforcement official, noted for his opposition to cannabis legalization, following the elections.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) is poised to benefit from recent, progressive developments in the cannabis space. An article discussing the company reads, “Among the forces driving the exuberance were news that Michigan had become the tenth state (plus Washington, DC) to legalize recreational marijuana use and that medicinal marijuana extract use won over voters in Utah and Missouri, solidly securing more than half of U.S. states in the medical use camp despite ongoing disdain at the federal level. … But even the federal government has been signaling a slow U-turn on its prohibition of cannabis use. Congressional legislators have been preparing to deregulate hemp cultivation in the agricultural industry, and the House of Representatives’ swing toward the Democratic camp in the elections likely assures that it will happen in the near future, if agreements stall this year. Cannabis advocates also celebrated the ouster of Attorney General Jeff Sessions, the nation’s top law enforcement official, noted for his opposition to cannabis legalization, following the elections.”
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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