The stock has been under some pressure because the recently released financial reports revealed that the company hasn't collected any revenue or profit from its subsidiary Red Dice Green Otter CBD Gummies Holdings, LLC. All of the states that have medical marijuana programs in place very strictly regulate them, and the only way to gain access to them and become a part of such programs is by first getting a valid medical marijuana recommendation in your state. And it is a strange thing in California because in California and the other states, medicine is not taxed.
The US Senate's 10% tax on indoor tanning is a small piece of the new healthcare reform package, currently in reconciliation phase between the House and Senate. The United States Green Otter CBD Gummies Judiciary Committee held its first hearing September 10th on and appropriately titled, "Conflicts between State and Federal Marijuana Laws." The hearing comes on the heels of the Department of Justice memo providing guidance to federal prosecutors on the enforcement of the Controlled Substances Act (CSA) regarding the use of marijuana. There are arrays of medicinal uses associated with cannabidiol. Over the summer of 2010, IMMLY and Madison NORML made open records requests of a number of state lawmakers.
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