Dallas, Texas, March 25, 2022 — McapMediaWire –– ACI Conglomerated, the majority shareholder of North American Cannabis Holdings, Inc. (OTC Pink: USMJ), Puration, Inc. (OTC Pink: PURA) and Priority Aviation, Inc. (OTC Pink: PJET) today expressed optimism for the potential impact of federal marijuana legalization on the three holdings.
House lawmakers are expected to vote next week on the Marijuana Opportunity, Reinvestment and Expungement, or MORE Act that would remove marijuana from the list of federally controlled substances.
“The MORE Act could be a game changer for USMJ, PURA and PJET,” said Steven Rash, Chairman of ACI Conglomerated and the CEO of USMJ. “Investment and financing of all three companies is complicated by the current federal prohibition of cannabis. Legalization would open all three companies to new resources that could drive exponential growth.”
USMJ is a cannabis e-commerce company marketing their own, and third-party cannabis-related products. PURA is industrial hemp sector co-op. PJET is a former cannabis sector company recently shifting into the student life sector but impacted by both its cannabis history and relationship with USMJ and PURA.
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