VANCOUVER, British Columbia, April 16, 2018 (GLOBE NEWSWIRE) — FinCanna Capital Corp. (“FinCanna”) (CSE:CALI) (OTCQB:FNNZF) is pleased to report that an article published on Friday by the Washington Post, stated “President Trump has promised a top Senate Republican (Senator Cory Gardner) that he will support congressional efforts to protect states that have legalized marijuana.”
Senator Gardner, was quoted in the article as saying, “Furthermore, President Trump has assured me that he will support a federalism-based legislative solution to fix this states’ rights issue once and for all.”
The article also states, “A bill has not been finalized, but Gardner has been talking quietly with other senators about a legislative fix that would, in effect, make clear the federal government cannot interfere with states that have voted to legalize marijuana.”
FinCanna, which is building a diversified portfolio of royalty investments in scalable, best-in-class projects and companies in U.S states where cannabis has been legalized, is strongly positioned to benefit from advancements in federal legislation.
Andriyko Herchak, CEO and President of FinCanna comments, “While a bill has not yet been finalized, we feel these words of commitment from President Trump to a hands-off approach on states that legalized marijuana is extremely positive and should continue to create further comfort and momentum for investors looking to be a part of the licensed cannabis movement in the United States.”
A link to the full article published by the Washington Post can be found here.
FinCanna provides financing to top-tier companies in the licensed medical cannabis industry in exchange for a royalty on revenues. FinCanna, led by a team of finance and industry experts, is building its diversified portfolio of royalty investments in scalable, best-in-class projects and companies in U.S. legal states, with a focus on California. For additional information visit www.fincannacapital.com and FinCanna’s profile at www.sedar.com.
FinCanna Capital Corp.
Andriyko Herchak, CEO & Director
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