NetworkNewsBreaks – Cannabis Strategic Ventures
Post# of 227
Cannabis Strategic Ventures Inc. (OTCQB: NUGS) this morning issued an update applauding House Judiciary Committee members for taking a significant step toward the legalization of the cannabis market through the passage of the Marijuana Opportunity Reinvestment and Expungement Act of 2019 (“MORE Act”), which will now move to the House for full consideration. “The ramifications of this bill bring excitement to the cannabis industry,” Simon Yu, CEO of Cannabis Strategic Ventures, stated in the news release. “Removing federal legislative obstacles brings tremendous opportunity in scaling the cannabis industry and we applaud the members of the House Judiciary Committee for their actions.” If passed into law, the MORE Act is expected to serve as a foundation granting cannabis cultivators fair treatment under the law by providing access to infrastructural resources, including the banking system.
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