CSA Holdings Inc. (fka CSAXQ)

[supyoscn]

NEWS 8K filed today. HUGE news that they can now deliver cash to the federal reserve. I hope they come out with a PR to explain the importance of this. Most of the articles dealing with the problems in the industry have to do with Cash and how/where it's delivered. Everything I have seen has denied the dispensaries from directly working with the federal reserve. It looks like CSAX is the middle man and will be the client as they don't really do anything with cannabis. This is HUGE news if they are the first to do this. More explanation of what this means needs to be addressed...but looks really good.


Item 8.01
Other Events

As of April 2017, CSA, LLC has been approved to start delivering cash to the Federal Reserve, continuing CSA’s cash transportation support to the cannabis industry. “This new service provides an incredible opportunity for enhancing our growth dramatically while providing a needed service for our clients,” states Tom Siciliano, President, CSA, LLC.

Just a couple Articles on issues industry has with banking:


http://kightoncannabis.com/federal-reserve-denies-cannabis-credit-unions-application/

http://www.businessinsider.com/americas-marijuana-companies-cant-put-money-in-banks-2015-11

http://www.wealthdaily.com/articles/cannabis-investors-and-the-federal-reserve/8341