There will never be $0.0001 of income to $TXHD from the fraudulent deal with $IMTV that was PR'd. $TXHD paid for another scam pump and dump with more Common shares, and enticed unwitting investors to lose more cash.
Section 843 of the Controlled Substances Act prohibits “communications facilities” from advertising Schedule I drugs, which makes violating this provision a felony. Each year, the Federal Communications Commission doles out licenses for broadcasters based on how well they serve the public interest. Broadcasters are allowed to publish cannabis ads in states that legalized marijuana. However, since a looming felony is an almost certain violation of the “public interest,” broadcasters steer clear of those ads to ensure they receive their FCC license.
Marijuana may be legal in more than half of the country, but it’s still illegal on a federal level. And although federal law grants advertising exceptions for “any person authorized by local, State, or Federal law to manufacture, possess, or distribute such items,” tech giants fear being held liable for aiding and abetting the sale of drugs. Facebook’s advertising policies state that it will deny paid posts that “constitute, facilitate, or promote illegal products, services or activities”—including marijuana.
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