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Congress Just Voted in Favor of Protecting Legal Weed Businesses From Federal Raids

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Congress Just Voted in Favor of Protecting Legal Weed Businesses From Federal Raids

Congress Just Voted in Favor of Protecting Legal Weed Businesses From Federal Raids

The US House of Representatives voted to approve an amendment that will prohibit the Department of Justice from interfering with state and tribal cannabis programs. But, will the bill hold up in the Senate?

Published on July 31, 2020

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The verdict is in! The House of Representatives voted on Thursday in favor of a bill amendment that will prevent the feds from interfering with state-approved cannabis programs. The amendment to the spending package FY2021 passed by a margin of 254-163, with 31 Republicans casting ballots in favor of the change. 

The proposal was sponsored by a bipartisan committee consisting of Reps. Earl Blumenauer (D-OR), Barbara Lee (D-CA), Tom McClintock (R-CA), and Eleanor Holmes Norton (D-DC).

Addressing the House just before the floor vote, Bluemauer made reference to the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act, which would federally legalize weed and is reportedly expected to be voted on in September.

“We have passed out of committee the MORE Act out of the Judiciary Committee, which would fully legalize cannabis, and make no mistake, that day is coming,” Blumenauer said. “In the meantime, until that day of reckoning comes, we must pass this amendment to ensure the federal government doesn’t deal with —does not interfere with—state cannabis activities.”

Language in the just-passed amendment clearly states, “None of the funds made available by this Act to the Department of Justice may be used… to prevent any [states, territories, or tribes] from implementing their own laws that author e the use, distribution, possession, or cultivation of marijuana.”

The new legislation, which shares similarities with the famous Rohrabacher-Farr amendment (and eventually became the Blumenaur-Farr amendment), will enable legal cannabis businesses to operate without fear of federal raids—a menacing prospect that has remained possible since federal law still (ridiculously) classifies marijuana as an illegal, Schedule I drug. 

While the new amendment won’t change any federal laws, some cannabis industry figures say it will allow those in their field to at least breathe a little easier. “”I think that all cannabis businesses have some level of fear that the DOJ could someday come in and ruin their livelihood,” said Stuart Titus, the CEO of Medical Marijuana, Inc, “and this kind of legislation could prevent that.”

Industry analysts have stated that full federal legalization may happen fast if Democrats win the White House and Senate this coming November.

Presumptive Democratic presidential candidate Joe Biden, meanwhile, remains in favor of decriminalization and other lower-level reforms over sweeping legalization. This week, though, Biden also said he would use federal funds and services to help states working to expunge marijuana-related criminal records.

LEGALIZATION

Mike McPadden

Mike McPadden is the author of “Heavy Metal Movies” and the upcoming “Last American Virgins.” He writes about movies, music, and crime in Chicago. Twitter @mcbeardo

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Source: https://merryjane.com/news/congress-just-voted-in-favor-of-protecting-legal-weed-businesses-from-federal-raids

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Global Demand for Functional Mushrooms is On the Rise, and Link Reservations Inc/LinkResPet (OTC: LRSV) Is Ready to Capitalise on Growing Demand

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London, UK, March 2, 2021 – OTC PR WIRE – 2021 Functional mushrooms have become one of the top health and wellness stories of 2021. Used in a variety of health and wellness products, as well as pharmacological ones, functional mushrooms have seen an increase in demand due to their wide-range benefits, from boosting the immune system to providing a healthier dietary option. Understandably the increase in interest has kickstarted new opportunities in the wellness market, which LinkReservations Inc. (OTC Pink: LRSV) is poised to capitalise on.

 

 

As a provider of wellness and cannabidiol (CBD) products for both humans and pets,  Link Reservations Inc. has taken the step to expand its DailyLifeCBD product line to include a suite of functional mushroom-infused products. Starting with an assortment of non-edible lifestyle products, LRSV is looking to grow the range as the site and demand increases – adding specific products based on the plethora of benefits and varieties available.

After all, the benefits of the different mushroom varieties are wide-ranging. For example, some specific types of mushrooms have been shown to help increase mental clarity, and assist with immune support. According to Mordor Intelligence, “A number of scientific studies have confirmed the ability of functional mushrooms and mushroom-derived supplements to increase the effectiveness of both innate and adaptive immune systems. The market is expected to experience huge demand for Reishi and Cordyceps, followed by the other types of medicinal mushrooms.”

Another examples is the Lion’s Mane variety, which has shown to be “good for the brain”, as reported by The New York Times, as “a study published in 2011 showed the mushroom reduced memory loss symptoms in mice,” adding that in one study in older people “found that daily lion’s mane supplements improved their mental functioning”. Mushrooms in general have proved to have benefits for our immune system, according to dietitian Ryanne Lachman, as quoted by the Cleveland Clinic. “A big one tends to be with reducing inflammation. Mushrooms also contain antioxidants, which can help support the immune system”.

Read the latest LRSV release:(February 22, 2021)

Link Reservations Inc./LinkResPet To Roll Out Mushroom-Infused Wellness Products

For more information about DailyLifeCBD please visit: https://dailylifecbd.com/

DailyLifeCBD is sister brand to LinkResPet, a website focused on providing CBD pet products for dogs, cats and horses. For more information about LinkResPet, please visit www.linkrespet.com or follow them on Twitter on @res_pet

About Link Reservations Inc.

Link Reservations Inc is CBD Petcare provider dedicated to improving the health and life conditions of pets worldwide. Developing and marketing hemp-based CBD products for cats, dogs and horses, the Company is currently present in Europe and in the US. A pioneer in the area, Link Reservations Inc products can be found under its brand LinkResPets (www.linkrespet.com).

Forward-Looking Statements & Disclaimers:

The information in this Press Release includes certain “forward-looking” statements within the meaning of the Safe Harbor provisions of Federal Securities Laws, as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this document, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

Linkreservations Inc

400 Thames Valley Park Drive

Reading Berkshire RG6 1 PT

United Kingdom

Phone: +44 330 808 0897

 

 

 

Checkout PrimeXBT
Source: https://otcprwire.com/global-demand-for-functional-mushrooms-is-on-the-rise-and-link-reservations-inc-linkrespet-otc-lrsv-is-ready-to-capitalise-on-growing-demand/

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Global Demand for Functional Mushrooms is On the Rise, and Link Reservations Inc/LinkResPet (OTC: LRSV) Is Ready to Capitalise on Growing Demand

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London, UK, March 2, 2021 – OTC PR WIRE – 2021 Functional mushrooms have become one of the top health and wellness stories of 2021. Used in a variety of health and wellness products, as well as pharmacological ones, functional mushrooms have seen an increase in demand due to their wide-range benefits, from boosting the immune system to providing a healthier dietary option. Understandably the increase in interest has kickstarted new opportunities in the wellness market, which LinkReservations Inc. (OTC Pink: LRSV) is poised to capitalise on.

 

 

As a provider of wellness and cannabidiol (CBD) products for both humans and pets,  Link Reservations Inc. has taken the step to expand its DailyLifeCBD product line to include a suite of functional mushroom-infused products. Starting with an assortment of non-edible lifestyle products, LRSV is looking to grow the range as the site and demand increases – adding specific products based on the plethora of benefits and varieties available.

After all, the benefits of the different mushroom varieties are wide-ranging. For example, some specific types of mushrooms have been shown to help increase mental clarity, and assist with immune support. According to Mordor Intelligence, “A number of scientific studies have confirmed the ability of functional mushrooms and mushroom-derived supplements to increase the effectiveness of both innate and adaptive immune systems. The market is expected to experience huge demand for Reishi and Cordyceps, followed by the other types of medicinal mushrooms.”

Another examples is the Lion’s Mane variety, which has shown to be “good for the brain”, as reported by The New York Times, as “a study published in 2011 showed the mushroom reduced memory loss symptoms in mice,” adding that in one study in older people “found that daily lion’s mane supplements improved their mental functioning”. Mushrooms in general have proved to have benefits for our immune system, according to dietitian Ryanne Lachman, as quoted by the Cleveland Clinic. “A big one tends to be with reducing inflammation. Mushrooms also contain antioxidants, which can help support the immune system”.

Read the latest LRSV release:(February 22, 2021)

Link Reservations Inc./LinkResPet To Roll Out Mushroom-Infused Wellness Products

For more information about DailyLifeCBD please visit: https://dailylifecbd.com/

DailyLifeCBD is sister brand to LinkResPet, a website focused on providing CBD pet products for dogs, cats and horses. For more information about LinkResPet, please visit www.linkrespet.com or follow them on Twitter on @res_pet

About Link Reservations Inc.

Link Reservations Inc is CBD Petcare provider dedicated to improving the health and life conditions of pets worldwide. Developing and marketing hemp-based CBD products for cats, dogs and horses, the Company is currently present in Europe and in the US. A pioneer in the area, Link Reservations Inc products can be found under its brand LinkResPets (www.linkrespet.com).

Forward-Looking Statements & Disclaimers:

The information in this Press Release includes certain “forward-looking” statements within the meaning of the Safe Harbor provisions of Federal Securities Laws, as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this document, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

Linkreservations Inc

400 Thames Valley Park Drive

Reading Berkshire RG6 1 PT

United Kingdom

Phone: +44 330 808 0897

 

 

 

Checkout PrimeXBT
Source: https://otcprwire.com/global-demand-for-functional-mushrooms-is-on-the-rise-and-link-reservations-inc-linkrespet-otc-lrsv-is-ready-to-capitalise-on-growing-demand/

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NOHO, INC. PROVIDES UPDATES TO CURRENT FINANCIALS AND FILINGS

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Scottsdale, Arizona, March 2, 2021 – OTC PR WIRE – NOHO, Inc. (OTC PINK: DRNK), a Wyoming corporation (the “Company”), announced the following:

The management of NOHO, Inc. is pleased to provide information concerning the company’s financial reporting and filings.  Following the Company’s release of the asset purchase transactions with Sibannac, Inc. (OTC PINK: SNNC), the Company has received a substantial number of communications from shareholders concerning the status of the Company’s current accounting and corporate filings.  Management has prioritized communication with our shareholders at the highest level and wishes to provide full transparency regarding these inquiries.

Wyoming

NOHO has retained local counsel in Wyoming, the Company’s state of incorporation, to handle its state filings in order to reinstate the Company to good standing with the secretary of state.  Counsel has indicated to the company that the updated records and good standing should be finalized in approximately two weeks.  The Company will advise when the filings are completed.

OTC Filings

The Company is focused on bringing its financial statements, filings and reporting current, and will be submitting the same to OTC Markets, with a target date of March 20, 2021. Management recently accomplished the same process with Sibannac, Inc.  In this effort, the Company is investigating the legitimacy of outstanding debt and prior share issuance obligations entered into by prior management dating back several years.

While the Company will report the information in the filings, it is current management’s position, that most of these obligations, including unconverted promissory notes, are not legally enforceable or collectible based on the legal status of the lenders and statute of limitations.  As a result, it is anticipated that the accounting treatment of these past debts should be reflected positively on the Company’s balance sheet.  The Company’s securities counsel will be issuing the required legal opinion concerning the updated reporting upon completion of the review.

NOHO’s CEO, David Mersky, said, “Following the news of the proposed acquisition of RāD8, our new Delta-8 THC brand, we’ve received a lot of communication from our shareholders regarding our financial reporting and accounting and felt that it was necessary to keep the public updated.  Management is committed to restoring NOHO to good standing with its state filings and providing current financials to OTC Markets.  We will be continuing to open communications with shareholders and will be providing a platform to ask management questions about operations and products.  We will identify the key topics and provide responses accordingly to keep the public apprised of our progress and commitment to full disclosure.  Open communication provides the foundation for shareholder confidence and that is the most important thing for management to understand.”

NOHO will continue to provide status updates on its filings and accounting as they occur.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Noho, Inc. (the “Company”), its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company’s control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company’s expectations include, but are not limited to, those factors that are disclosed under the heading “Risk Factors” and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.

NOHO Inc.
9535 E Doubletree Ranch Road, STE 120
Scottsdale, AZ 85228
David Mersky
CEO
Phone: (516)-660-9669

Checkout PrimeXBT
Source: https://otcprwire.com/noho-inc-provides-updates-to-current-financials-and-filings/

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NOHO, INC. PROVIDES UPDATES TO CURRENT FINANCIALS AND FILINGS

Avatar

Published

on

 

Scottsdale, Arizona, March 2, 2021 – OTC PR WIRE – NOHO, Inc. (OTC PINK: DRNK), a Wyoming corporation (the “Company”), announced the following:

The management of NOHO, Inc. is pleased to provide information concerning the company’s financial reporting and filings.  Following the Company’s release of the asset purchase transactions with Sibannac, Inc. (OTC PINK: SNNC), the Company has received a substantial number of communications from shareholders concerning the status of the Company’s current accounting and corporate filings.  Management has prioritized communication with our shareholders at the highest level and wishes to provide full transparency regarding these inquiries.

Wyoming

NOHO has retained local counsel in Wyoming, the Company’s state of incorporation, to handle its state filings in order to reinstate the Company to good standing with the secretary of state.  Counsel has indicated to the company that the updated records and good standing should be finalized in approximately two weeks.  The Company will advise when the filings are completed.

OTC Filings

The Company is focused on bringing its financial statements, filings and reporting current, and will be submitting the same to OTC Markets, with a target date of March 20, 2021. Management recently accomplished the same process with Sibannac, Inc.  In this effort, the Company is investigating the legitimacy of outstanding debt and prior share issuance obligations entered into by prior management dating back several years.

While the Company will report the information in the filings, it is current management’s position, that most of these obligations, including unconverted promissory notes, are not legally enforceable or collectible based on the legal status of the lenders and statute of limitations.  As a result, it is anticipated that the accounting treatment of these past debts should be reflected positively on the Company’s balance sheet.  The Company’s securities counsel will be issuing the required legal opinion concerning the updated reporting upon completion of the review.

NOHO’s CEO, David Mersky, said, “Following the news of the proposed acquisition of RāD8, our new Delta-8 THC brand, we’ve received a lot of communication from our shareholders regarding our financial reporting and accounting and felt that it was necessary to keep the public updated.  Management is committed to restoring NOHO to good standing with its state filings and providing current financials to OTC Markets.  We will be continuing to open communications with shareholders and will be providing a platform to ask management questions about operations and products.  We will identify the key topics and provide responses accordingly to keep the public apprised of our progress and commitment to full disclosure.  Open communication provides the foundation for shareholder confidence and that is the most important thing for management to understand.”

NOHO will continue to provide status updates on its filings and accounting as they occur.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Noho, Inc. (the “Company”), its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company’s control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company’s expectations include, but are not limited to, those factors that are disclosed under the heading “Risk Factors” and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.

NOHO Inc.
9535 E Doubletree Ranch Road, STE 120
Scottsdale, AZ 85228
David Mersky
CEO
Phone: (516)-660-9669

Checkout PrimeXBT
Source: https://otcprwire.com/noho-inc-provides-updates-to-current-financials-and-filings/

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