Indoor Harvest Corp (INQD)

[ccsykes]

piperdog, marijuana was illegal under federal law, regardless of the Cole Memo. The Cole Memo was a temporary fix.

It has nothing to do with compassion. Congress has to change the laws and eliminating the Cole Memo will force Congress to act. Also, this recent decision by the DOJ primarily effects recreational, not medical marijuana. We're all closely following the MEDS Act which has bipartisan support.

And lastly, the Company has made it very clear in numerous filings, its intent is to register with the DEA, under DOJ guidance, to produce cannabis via the Controlled Substance Act.

https://www.federalregister.gov/documents/2016/08/12/2016-17955/applications-to-become-registered-under-the-controlled-substances-act-to-manufacture-marijuana-to

AJ Sessions comments on the guidance set above.

http://www.thecannabist.co/2017/10/18/jeff-sessions-medical-marijuana-federal-research/90347/

Lastly, we are a technology Company and this change doesn't even directly effect us presently.