Business
USMJ CEO Believes Media Missing Majority Of 2018 Farm Act Potential – PURA, KALY and Rest of USMJ Family Prepare For More
USMJ CEO Believes Media Missing Majority Of 2018 Farm Act Potential – PURA, KALY and Rest of USMJ Family Prepare For More.
About this update from Kali Inc
[{"type":"text","content":"\nDALLAS, Dec. 12, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- North American Cannabis Holdings, Inc. (USOTC: USMJ) (“USMJ”) CEO and Chairman, Steven Rash, today reacted to recent news following the U.S. Senate’s approval of the 2018 Farm Act including the legalization of hemp farming.  Mr. Rash believes the media is missing the lion’s share of the opportunity generated by the legalization of hemp.  Articles, such as, Barron’s “CBD Will Get a Boost With Passage of a New Farm Bill” are focused primarily on the CBD market alone and missing the multitude of applications of legal hemp beyond CBD.  USMJ’s family of companies includes Puration (USOTC: PURA), Priority Aviation, (USOTC: PJET), Nouveau (USOTC: NOUV), and Kali, (USOTC: KALY).  Mr. Rash presents PURA and KALY as leaders in the hemp-derived CBD market, both positioned to benefit from the CBD opportunity the media is recognizing, but that the two companies along with USMJ, NOUV and PJET have even more to offer than hemp-derived CBD.  Mr. Rash recently published a letter to shareholders of the USMJ family of companies addressing the overall opportunity generated by the what appears to be the imminent passage of the 2018 Farm Act to include the legalization of hemp farming. In reaction to the news, USMJ has released Mr. Rash’s letter again in an effort to expand consideration of the coming legalization of hemp farming beyond hemp-derived CBD.  His letter is included in its entirety below.\n Dear Legal Cannabis Industry Enthusiasts – Some of you are enthusiasts because you enjoy cannabis recreationally, legal or not, and strongly believe the prohibition of cannabis is ridiculous and should be rescinded.  Others of you are investment enthusiasts and are attracted to the explosive return-on-investment (ROI) opportunity.  Some of you, like myself, are advocates for the industry because cannabis, in one shape form or another, has medicinally helped someone you care about.  And still others are enthusiastic about the multitude of benefits to our economy and the environment that can be realized through the legalization of hemp farming in the United States.  We are imminently approaching a landmark event, not just in the history of cannabis, but in global economics.  All ...