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ABX/CannaCraft of Santa Rosa donate $50k to wildfire victims

ABX/CannaCraft of Santa Rosa donate $50k to wildfire victims

Cannabis in the News, Donation

ABX/CannaCraft of Santa Rosa donate $50k to wildfire victims CannaCraft, a northern CA cannabis company affiliated with ABX (Absolute Extracts) has pledged to donate $50k to wildfire victims. CannaCrafts’ facility in Santa Rosa, where the fire’s devastation has been...
Canadian cannabis firm pledges 10% of revenues to Hurricane Irma victims

Canadian cannabis firm pledges 10% of revenues to Hurricane Irma victims

Cannabis in the News, Donation

Canadian cannabis firm pledges 10% of revenues to Hurricane Irma victims In a remarkable show of support across country boundaries, Toronto-based Liberty Health Sciences (CSE:LHS) (OTCBB: SCQBD), an investor and operator in the medical cannabis market with strong...

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Risk of Prosecution for Marijuana-Related Companies.  If you are considering investing in a company that is connected to the marijuana industry, be aware that marijuana-related companies may be at risk of federal, and perhaps state, criminal prosecution.  The Department of Treasury recently issued guidance noting: “ The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana.  Many states impose and enforce similar prohibitions.  Notwithstanding the federal ban, as of the date of this guidance, 20 states and the District of Columbia have legalized certain marijuana-related activity.”

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