North American Cannabis Holdings Inc (USMJ)

[planetaryfuture]

Gottlieb Replacement Not Anticipated To-Be CBD Obstructionist .....

The best news from the FDA in a long time would have to be yesterday's unforeseen resignation of their Director ..... Dr. Gottlieb ..... since ..... from my perspective ...... he had taken an obstructionist view toward regulating CBD ..... which may have had a profoundly negative impact upon the emergent CBD Industry worldwide ..... and he apparently fast-tracked an opioid drug more potent than other known dangerous drugs ..... though the stated reason toward his departure ..... slated for the end of this month ..... had been ..... he wanted more time with his family .....

Perhaps ..... Mitch McConnels recent Hemp Farm Bill has some chance to become more than just a "toothless dog" .....

And $USMJ Investors have better reason to become optimistic ..... though it remains to be seen ..... at this point in time ..... exactly what the CBD agenda of the new FDA leadership might be ..... Only our president might know .....

Also in question would be the Cannabis legislative orientation of Senator McConnell ..... who apparently remains on-record against recreational cannabis use ..... Will Mr. McConnell be willing to "take the risk" to stonewall all proposed cannabis legislation for discussion and / or vote ? ..... Former House Rules Committee Chairman .... Pete Sessions ..... blocked all proposed cannabis legislation since 2015 ..... for both discussion and vote ..... then got flushed from office by a wide majority ...... by way of our last 2018 election .....

Many important people in this current Trump Administration claim cannabis laws need to change ..... but they can only do so ..... if and when our democratic process is given an opportunity to proceed by popular opinion ..... while to many ..... Congress appears to move about as quickly as cold taffy ..... Many appear to blame the "legislative slowdown" on the Trump Government shutdown ..... which does not make a lot os sense to me .....

Hemp seemingly has a history as old as our planetry species ..... and has had a trade value for countless generations ..... Touted to have at least 25,000 commercial uses ..... and once showcased as the Department of Agriculture's ..... "domestic plan for the future" ..... in "Popular Mechanics" ...... I have forgotten the exact year ..... Even visionary Henry Ford produced an all-hemp car fueled by hemp diesel ..... which proved to be 10X stronger than steel construction might have been .....

However ..... "elite special interests intervened to tax Hemp and then make it illegal along with its sister companion Cannabis ..... And we seem to be stuck in a deep groove of denial and opposition since the stringent regulatory outlook of the Nixon era ....

Which seems like a long time to correct unfair and unjust policy ..... in light of Nixon's "Blue-Ribbon Drug-Study Commission's" recommendation to legalize Cannabis ..... Some may feel cognitively obliged to conclude ..... "Special interests must have interceded to control the agenda" ..... If so .... why has this cannabis dilemma remained in a seeming "straight-jacket" for almost seven decades ? ...... with abundant suffering and violence resulting ? ..... Not to mention crippling costs to taxpayers .....

Best Wishes