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: “[T]he 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.”
Supreme Cannabis Co. Inc.: Q2 ’19
Included in this report:
• Cannin Tools
• Market & Industry Update
• Fundamental Analysis (Supreme Cannabis Co. Inc.)
• Medical Research
• Cannabis Terminology
• Hemp Infographic
• Industry Terminology
About Supreme Cannabis Co. Inc.
Supreme places its focus on the cultivation and wholesale distribution of premium sun-grown medical cannabis and soon adult use cannabis in Ontario through its subsidiary ‘7acres’. The premium segment will have better margins and less competition from black market and low-cost producers. Using sunlight they will presumably reduce their production costs. Moreover, they want to avoid the expense of patient acquisition and retention, as well as, retail order fulfillment and logistics.
Last Updated 9/18/18