Marijuana Opportunity Reinvestment and Expungement Act

SoHum Living Soils® Receives OIM Certification of Registration

Retrieved on: 
Wednesday, December 14, 2022

LAKEWOOD, CO, Dec. 14, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – American Cannabis Company, Inc. (OTCQB: AMMJ) (“ACC” or “Company”), a business-to-business cannabis consulting solutions provider and licensed owner operator, is pleased to announce that our subsidiary company SoHum Living Soils® has received Organic Input Material (OIM) certification from the California Department of Food and Agriculture. This certification ensures that SoHum products are compliant with all California regulations for organic materials, and it establishes SoHum as a premium living soil product.

Key Points: 
  • These or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.
  • Actual results could differ from those projected in any forward-looking statements due to numerous factors.
  • Although legalized in some states, cannabis is a “Schedule 1” drug under the Controlled Substances Act (21 U.S.C.
  • The United States Drug Enforcement Agency enforces the Controlled Substances Act, and persons violating it are subject to federal criminal prosecution.

American Cannabis Company, Inc. and KORcannabis Aim to Advance the Cannabis Industry with Newly Formed Strategic Alliance

Retrieved on: 
Tuesday, May 3, 2022

These or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.

Key Points: 
  • These or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.
  • Actual results could differ from those projected in any forward-looking statements due to numerous factors.
  • Although legalized in some states, cannabis is a "Schedule 1" drug under the Controlled Substances Act (21 U.S.C.
  • This law allows publicly traded corporations to apply for and qualify for the ownership of Colorado cannabis licenses.

SURVEY: Commodities Lead the Way for Advisors & Investors for Q2 2022

Retrieved on: 
Tuesday, April 19, 2022

Advisors were more cautious, reducing their bullishness by 5 percentage points to 40% bullishness, according to the Q2 Surveys.

Key Points: 
  • Advisors were more cautious, reducing their bullishness by 5 percentage points to 40% bullishness, according to the Q2 Surveys.
  • Hydrogen was the only commodity measured by the Q2 Surveys with a negative return, falling -6.85% in Q1 2022.
  • Both investors and advisors were optimistic about the Canadian market, with investors increasing their bullish sentiment by 14 percentage points to 53% bullishness overall.
  • Both advisors and investors further downgraded their outlook, with investors' bearish sentiment increasing by 6 percentage points to 41% bearishness.

High Time for Change: This 4/20 Ben & Jerry's Urges Senate to Improve Country's Half Baked Approach to Cannabis Justice

Retrieved on: 
Monday, April 18, 2022

BURLINGTON, Vt., April 18, 2022 /PRNewswire/ -- The fact that Ben & Jerry's and the American Civil Liberties Union are all-in on cannabis justice this 4/20 may not be shocking. What IS news is that earlier this month the U.S. House of Representative passed legislation that would legalize cannabis and expunge the records of people convicted of cannabis crimes. We're now calling on the Senate to step up immediately to pass its version of the Marijuana Opportunity Reinvestment and Expungement Act, or MORE Act, and ensure that the people most impacted by the war on drugs and mass incarceration – people of color – actually benefit from cannabis decriminalization.

Key Points: 
  • To put it simply, our cannabis laws are half baked.
  • That's why Ben & Jerry's and the ACLU have teamed up this 4/20 to provide an easy way for Americans to take action and demand the Senate pass cannabis justice legislation.
  • "That's what this 4/20 Cannabis Justice campaign is all about, bringing the voice of Americans to their policymakers in the Capitol."
  • The Ben & Jerry's Foundation, guided by Ben & Jerry's employees, granted $3.4MM in 2020 to support progressive, justice focused grassroots organizing around the country.

National Association of Cannabis Businesses & Emerging Markets Coalition Push to Standardize Cash Management in Cash-Heavy Cannabis Industry

Retrieved on: 
Tuesday, April 12, 2022

Washington, DC, April 12, 2022 (GLOBE NEWSWIRE) -- The National Association of Cannabis Businesses (NACB) and the Emerging Markets Coalition (EMC) have introduced National Cash Management Standards for the cash heavy cannabis industry.

Key Points: 
  • Washington, DC, April 12, 2022 (GLOBE NEWSWIRE) -- The National Association of Cannabis Businesses (NACB) and the Emerging Markets Coalition (EMC) have introduced National Cash Management Standards for the cash heavy cannabis industry.
  • The National Standards for Cash Management provides peer and expert reviewed cash management tools and protocols that cannabis-related businesses need to incorporate in their operations.
  • About the Emerging Markets Coalition (EMC): The Emerging Markets Coalition (EMC) is a 501c3 non-profit member-driven advocacy and educational organization for financial services in highly cash-based and under-served markets.
  • About the National Association of Cannabis Businesses (NACB): The National Association of Cannabis Businesses (NACB) is a member-driven trade organization which drives excellence in the cannabis industry.

House of Wise and Last Prisoner Project Team Up to Launch Justice For All Campaign, Petition Urging Biden Administration For Federal Cannabis Clemency

Retrieved on: 
Tuesday, April 5, 2022

MIAMI, April 5, 2022 /PRNewswire/ -- Today, CBD and personal wellness brand House of Wise and Last Prisoner Project, a nonprofit dedicated to advancing criminal justice reform for the cannabis community, announce their new campaign, Justice For All.

Key Points: 
  • This board would be tasked with expediting the review and processing of clemency petitions from individuals with federal cannabis-related convictions.
  • 3617 does not mention the violations in the Federal penal code that would be considered "nonviolent Federal cannabis offenses" for the purposes of expungement and/or resentencing process.
  • Since day one, House of Wise has been committed to an ongoing partnership with Last Prisoner Project.
  • House of Wise features a collection of seven trusted, premium CBD products in addition to wellness products and custom merchandise.

Second Time a Charm as House Approves Bill to Federally Legalize Cannabis – Hemp, Inc. Reports

Retrieved on: 
Monday, April 4, 2022

Hopefuls are optimistic that the second time around will be a charm with a Senate approval.

Key Points: 
  • Hopefuls are optimistic that the second time around will be a charm with a Senate approval.
  • Now that it has passed the House, the MORE Act will need 60 votes to pass the Senate.
  • As Hemp, Inc. reported last week, de-scheduling news of this magnitude has shown to peak cannabis stock market prices and trading volume.
  • Fortune Business Insights reports, The global cannabis market is projected to grow from $28.266 billion in 2021 to $197.74 billion in 2028.

ACI On Behalf of USMJ, PURA and PJET Applaud Marijuana Legalization Is Approved In House Vote

Retrieved on: 
Friday, April 1, 2022

House lawmakers voted to pass the Marijuana Opportunity, Reinvestment and Expungement, or MORE Act that would remove marijuana from the list offederally controlled substances.

Key Points: 
  • House lawmakers voted to pass the Marijuana Opportunity, Reinvestment and Expungement, or MORE Act that would remove marijuana from the list offederally controlled substances.
  • The House approval today of the MORE Act is a substantial first step toward what I have said before could be a game changer for USMJ, PURA and PJET, said Steven Rash, Chairman of ACI Conglomerated and the CEO of USMJ.
  • Investment and financing of all three companies is complicated by the current federal prohibition of cannabis.
  • PJET is a former cannabis sector company recently shifting into the student life sector but impacted by both its cannabis history and relationship with USMJ and PURA.

Bill to Federally Legalize Cannabis Heads to House Floor; Could the Second Time Be a Charm? Hemp, Inc. Reports

Retrieved on: 
Monday, March 28, 2022

The MORE Act(Marijuana Opportunity, Reinvestment and Expungement) was approved by the House of Representatives in 2020, but the bill was not given a hearing or a vote in the Senate.

Key Points: 
  • The MORE Act(Marijuana Opportunity, Reinvestment and Expungement) was approved by the House of Representatives in 2020, but the bill was not given a hearing or a vote in the Senate.
  • 3617 , also establishes a tax on retail cannabis sales, with revenue raised by the tax invested in communities that were harmed under federal cannabis prohibition policies.
  • The second time around just might be the charm the industry has been anxiously waiting 52 years for.
  • Material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties.

ACI Optimistic for Growth Potential of USMJ, PURA and PJET from Federal Marijuana Legalization

Retrieved on: 
Friday, March 25, 2022

House lawmakers are expected to vote next week on the Marijuana Opportunity, Reinvestment and Expungement, or MORE Act that would remove marijuana from the list offederally controlled substances.

Key Points: 
  • House lawmakers are expected to vote next week on the Marijuana Opportunity, Reinvestment and Expungement, or MORE Act that would remove marijuana from the list offederally controlled substances.
  • The MORE Act could be a game changer for USMJ, PURA and PJET, said Steven Rash, Chairman of ACI Conglomerated and the CEO of USMJ.
  • Investment and financing of all three companies is complicated by the current federal prohibition of cannabis.
  • Legalization would open all three companies to new resources that could drive exponential growth.