11/5/2018 - Letter to shareholder
CORONA, Calif., Nov. 05, 2018 (GLOBE NEWSWIRE) -- Dear Shareholders: Tomorrow’s elections signify another milestone in the final run-up to the United States government changing, for all time, the current Schedule 1 narcotic designation that cannabis and the US cannabis industry is saddled with. For the first time legislators, and not voter-based initiatives, will enact laws that will legalize cannabis in their states. At least 5 states will pass legislation that will legalize either medical or recreational cannabis. It’s possible that after tomorrow the total number of states that have legalized cannabis in some form will be more than 35. I believe that this is far past the tipping-point for the entire nation to finally, once-and-for-all, repeal cannabis prohibition.
Why are these actions so important to our business and, more particularly, the MedTainer™? (MDTR-OTCMARKETS) In 2013 we began positioning ourselves to be the primary solution for safe, compliant cannabis packaging. This included a plan to anticipate what federal packaging guidelines would be. Using Canada as a possible model for US compliance we have made the MedTainer CPSA certified and have injected our unique, multi-functional container into the mix as a primary retail and accessory solution in that country. Orders continue to grow. Our profits continue to climb. All this in a market that is only a quarter of the size of the potential US market. We’ve not simply imagined the ramifications, we’ve been acting to realize them.
With more than 60% of the American Public in favor of legalization there in now bi-partisan support on Capitol Hill to finally repeal prohibition. There is reason to believe that the vote could be taken as early as this Spring. I want to assure you that MedTainer will be positioned to take advantage of this remarkable opportunity when that happens. We have the resources and manufacturing capabilities to capture a significant share of the US and the total North American market. Thank you, as always, for your continued input and support. All my best,
Curt Fairbrother
For investor or sales information please visit MedTainer Inc. and D&C Distributors online or by phone. The company is located in their production and distribution facility at 1620 Commerce St. Corona, California, 92880.
