North American Cannabis Holdings Inc (USMJ)

[PRmaniac]

DEA - raids underway in Colorado. This may not affect USMJ too much, because they are going after just one area of the grow operations, but it is with federal action from the DEA.

So far they have not started raiding illegal grows in the recreational state-licensed arena, but with what the A.G. said yesterday, that could happen at any time.
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Excerpt:

Drug busts underway in Denver metro area are aimed at growers shipping weed out of state

Search warrants are being served in more than 20 locations in Denver, Arapahoe, Douglas, Elbert and El Paso counties
The DEA is assisting in the raids, which are an outgrowth of an investigation by the 18th Judicial District.

All warrants are under seal, the DEA spokesman said. The organization has allegedly been growing and shipping marijuana out-of-state in violation of state and federal laws.