Business
USMJ Family of Companies Anticipate Dramatic Growth with Legalized Hemp Farming
USMJ Family of Companies Anticipate Dramatic Growth with Legalized Hemp Farming.
About this update from Kali Inc
[{"type":"text","content":"\nDALLAS, Dec. 10, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- North American Cannabis Holdings, Inc. (USOTC: USMJ) (“USMJ”) today released a letter from its CEO and Chairman discussing the potential for the overall cannabis industry to be realized from the 2018 Farm Act that includes, as drafted, the legalization of hemp farming. The letter is intended for all with an interest in the U.S. cannabis industry and specifically for those invested in any of the USMJ family of companies. Steven Rash, CEO and Chairman of USMJ is also one of its founders. USMJ entered the U.S. cannabis sector in 2013 with an entrepreneurial strategy to explore and investigate cannabis enterprise opportunities. Over the last five years, that entrepreneurial strategy has turned into five public companies, one very profitable dividend payout, two pending dividend payouts, a leading CBD infused beverage, a concept cannabis themed restaurant, a recognized cannabis industry brand name (USMJ), a patent for cannabis extraction, a revenue producing facility for cannabis cultivation, and over a dozen additional incubating cannabis enterprise ventures. The shareholders of USMJ as well as the shareholders of Puration (USOTC: PURA), Priority Aviation, (USOTC: PJET), Nouveau (USOTC: NOUV), and Kali, (USOTC: KALY) will be particularly interested in Mr. Rash’s letter.  His letter is included in its entirety below.\n Dear Legal Cannabis Industry Enthusiasts – Some of you are enthusiast 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cannabis recreationally, legal or not, and strongly believe the prohibition of cannabis is ridiculous and should be rescinded.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 of 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 factors seem to be aligned for the pending 2018 Farm Act to include the legalization of hemp farming.  The legalization of hemp farming will bring...