Cannex commends U.S. House Appropriations Committee on vote
VANCOUVER, BC, May 22, 2018 - Cannex Capital Holdings Inc. (CSE: CNNX) (“Cannex” or the “Company”), a cannabis platform company that provides a wide range of services, including real estate, management, financial, and branding, to U.S. cannabis operators, applauds the U.S. House of Representatives Appropriations Committee for its vote to pass the Joyce Amendment, which adds a provision to prohibit the U.S. Department of Justice (“DOJ”) from using funding to prevent states from implementing medical marijuana laws through the end of fiscal year 2019.
The Rohrabacher-Farr Amendment has protected states with legal medical marijuana programs from interference from the DOJ, and will continue to do so until the end of fiscal year 2018, but blocked floor votes on cannabis amendments have prevented votes on extensions of the prohibition on funding enforcement against medical marijuana since 2015. Cannex commends Representative David Joyce (R-OH) for offering the amendment and thanks the members of the Appropriations Committee who supported the amendment.
According to NORML, a marijuana reform advocate organization, 46 U.S. states and over two million patients rely on state medical marijuana laws to obtain cannabis. According to a recent nationwide Quinnipiac University poll, 93% of Americans support the legalization of medical marijuana. The Joyce Amendment will extend protection for patients and providers from the threat of federal prosecution.
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