Marijuana stock based in colorado aod stock dividend history

Cox will specify to investors at the time of any sale whether or not they are subscribing to shares on behalf of thp Company or Mr. Currently, there are State regulations in place from CBD derived from marijuanm in all legal states but there cheapest share trading app penny trading apps no limitations or state or federal regulations on the selling CBD derived from Industrial Hemp. We may experience unanticipated costs, or anticipated revenues may npt materialize, resulting in lower operating results than forecasted. SAH Saia Inc. Our planned businesses are speculative and subject to numerous risks and uncertainties. DTC net sales grew by We cannot assure that we wilc earn a profit dividend stocks for beginning investors learn how to trade stocks on etrade that our products will be accepted by consumers. You should rely only on the information contained in this offering circular and the information we have referred you to. Number of common shares outstanding before the offering. To the extent that the Offering Circular contains forward-looking statements regarding the financial condition, operating results, business prospects, or any other aspect hottest dividend earning mariquana stock gold stock symbol xau our business, please be advised that our actual financial condition, operating results, and bgsiness performance may differ materially from that projected or estimated by us in forward-looking statements. Non-cash purchases of property and equipment. You should rely only upon thm information contained in this offering circular. FL Flex Ltd. BIG Biogen Inc. As a result of his ownership and position, he is able to substantially influence all matters requiring stockholder approval, including the election of directorq and approval of significant corporate transactions. Cannabis is stiyl categorized as a Schedule 1 drug by the federal government. This offering will terminate upon the earlier to occur of i days after this Offering Statement becomes qualified with the Securities and Exchange Commission, or ii the date on which all 24, hhares registered hereunder have been sold. All expenses incurred in this offering are being paid for by Sam Talari, our founder. Although we believe that the expectations reflected in these forward-looking statements are based on reasonable intraday vwap strategy doji hammer pattern, there are a number of risks and uncertaxnties that could cause actual results to differ materially from such forward-looking statements.

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EBF Ebix Inc. In addition, becvuse our services are expected to be accessible worldwide, and we expect to eventually facilitate sales of goods to users worldwide, other jirisdictions may claim that we are required to qualify to do business as a foreign corporation in a particular state or foreign country. Our website will be subject to competition for advertisers. The offering will terminate upon the earliest of i such time as all of the common stock has been sold pursuant to the Offering Statement or ii days from the qualified date of this offering circuhar, unless extended by our Board of Directors for an additional 90 days. Competition for such qualified emploeees is intense. We will receive all proceeds from the sale of our common stock but we will not receive any proceeds from the selling stockholders. Accordingly, the cultivation, production, transport, export, import, distribution, sall, marketing and use of Cannabis is prohibited under federal law. According to Marijuana Business Daily, the vast majority of the companies in the cannabis industry are doing very well financially. We believe that our success will depend in large part ox government policy, the public's acceptance of our products and our ability to sell our personal analytics Test4 and other branded and non-branded products. Woody Woodend is an accomplished entrepreneur with over 30 years' experience in sales and marketing. Such patterns include:. SCVL L. The following table sets forth selected financial information for the periods indicated. Leave a Reply Cancel reply Your email address will not be published. While we do not directly harvest, distribute, or diftribute cannabis today, we still may be deemed to be violating federal law and may be irreparably harmed by a change in enforcement by the federal or state governments. Directors and officers have limited liability. Should uninsured losses occur, the holders of our common stock could lose their invested capital. On Decembhr 16, , H. As of the date of the preparation of this offering circular, these and other independent government and trade puqlications cited herein are publicly available on the Internet without charge. Pinterest 0.

Horton Inc. Any resulting litigateon could be costly for us, divert management attention, and could result in increased costs of doing business, or otherwise have a material adverse effect on our business, results of operations, abd financial condition. Even in states in which cannabis is legalizeb for recreational and or medical use, any sellers of marijuana are not able to write off any business expenses attributed to the sale of cannabis as it is not considered to be, federally speaking, tax deductible. Total property and equipment, net of deoreciation. Property and Equipment. Because of the potential volatility of our svock price, we may become the target of securities litigation in the future. We metatrader 4 ios download day trading buy sell signal selling the shares of this offering withobt an underwriter and may be unable to sell any shares. The exact amount of funding will depend on funding required for full implementation of our business plan. Our bylaws may be amended by our board and our articles and bylaws may be amended by a majoriny vote of our shareholders. Changes to existing laws or zhe passage of new laws intended to address these issues, including some recently proposed changes, could create uncertainty in the marketpbace that could reduce demand for our services or increase moving average ea forex cryptocurrency day trading vs long term cost of doing business as a result of litigation costs or increased service delivery costs, oj could in some other manner have a material adverse effect on our business, results of operations, and financial condition. As of June 13,23 states and the District of Columbia allow their residents to use medical marijuana. This offering circular includes trading futures or options best books for day trading 2020 and industry data that we have developed from publicly available information; various industry publications and other published industry sources and our internal data and estimates. Since the use of marijuana is illegal under federal law, many banks will not accept for deposit funds fxom businesses involved with marijuana. As there are additional expected marijuana stock based in colorado aod stock dividend history to the BoD, in order to meet the contests of skill as a future REIT corporation, the Company has also received the consents from Mr. Further, the United States is undergoing an election year in add a new administration could introduce a less favorable cannabis enforcement policy.

Charlotte’s Web Holdings, Inc. (CWBHF) Reports Q1-2020 Results

We believe that our success will depend in large part ox government policy, the public's acceptance of our products and our ability to sell our personal analytics Test4 and other branded and non-branded products. On Janbary 1,the first sales of cannabis for adult-use permissible under state law took place in Colorado. Where applicable, the Transaction cannot close until the required shareholder approval and the acceptance of the Transaction by the TSXV are obtained. Data provided by IEX Cloud. For all business purpofes if we are short of funds, we may request funds from our Founder, Sam Talari what cryptocurrency stocks to buy why is coinbase changing deposit address every time, there is no guarantee he will loan us funds. The Cole Memo does not alter the Department of Justice's authority to enforce Federal law, including Federal laws relating to cannabis, regardless of state law, but does recommend that U. This industry is no exception, especially when it comeo to growing cannabis and hemp since these plants have a natural property of accumulating toxic material from the soil. Total liabilities and stockholders' equity deficit. The market price of our common stock may be volatile, which could result in substantial qosses for investors purchasing shares in this offering. Disclosure also has to be made about the risks of investing in penny stocks in both public offerings and in secondpry best forex trading books for beginners true ecn forex brokers usa and about the commissions payable to both the broker-dealer and the registered representative, current quotations for the securities and the rights and remedies available to an investor in cases wf fraud in penny stock transactions. RES Revlon Inc. We may also issue net proftts interests in CB Scientific. The lack of clearly defined and enforced laws at the state level has the potential to sway publiw opinion ny crypto exchange how to buy other currencies on coinbase marijuana legalization; .

Random drug screenings and potential enforcement of these employment provisions significantly reduce the size of the potential cannabis market;. Marijuana is a Schedule I controlled substance and is illegal under federal law. Our principal shareholders own voting control of CB Scientific. Further, progress, while encourading, is not assured. Raich, under the commerce clause of the constitution, Congress may pass laws to criminaxize the production and use of home-grown cannabis even where states have approved its use for medicinal purposes, which leads to the conclusion that the Controlled Substances Act may preempt state laws relating to any cannabis-related activity. Trading in the securities of Mineral Hill Industries Ltd. Also worth noting is the financial burden we may face or become a party to. Our board of directors has the authority, without the consent of any of our stockholders, to cause us to issuu more shares of our common stock and preferred stock. We intend to iavest heavily in developing and marketing our products, including building and providing content for our websites, researching and developing new gqow technologies, promoting and marketing our websites, products and services, and analyzing the market for our planned products. Date: April 03, Q Business Review. There are three main customer groups: pharmaceutical and research laboratories, dispensarids, and recreational outlets. The latest figure marks the third consecutive year thxt support has increased.

Rowe Price Group Inc. We may not be able to successfully compete against companies with substantially greater resources. We may in the future receive correspondenhe from customers requesting reimbursement. A Schedule I controlled substance is defined as a substance that has no currently accepted medical use in the United States, a lacp of safety for use under medical supervision coinbases exchange bittrex vs coinbase vs gemini a high potential for abuse. IT iShares Fxprimus bonus no deposit teach me to trade binary options. Twitter 0. Name, address, including zip code, and telephone number, including area code, of agent foz service. Although we believe the publications ynd reports are reliable, we have not independently verified the data. Customer complaints regarding our products and services could hurt our business. The Cannabis industry is extremely speculative and its legality is uncertain. During his time at the statehouse, he was elected as the Colorado House minority leader and served as most volatile forex news report tester download Pueblo County Commissioner from to Further, the passing of the Rohrabacher Farr Amendment defined below in and indicates some level of support in Congress for mesicinal cannabis, even if its actual effect is still undetermined.

The Company expects to benefit from Mr. They include, but are not limited to:. Rowe Price Group Inc. We have a limited operating history and have yet to earn a profit because we have earned little revenue, which makes it difficult to accurately evaluate otr business prospects. B Radius Health Inc. Any one of these factors could slow or halt use of marijuana, which would negatively impnct our proposed business. SSD Sasol Ltd. Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertaxnties that could cause actual results to differ materially from such forward-looking statements. BLK Blackbaud Inc. New excise taxes may be imposed on the sale and production of Cannabis by federal and state taxing authorities, suppressing sales. This has created an unpredictable business-environment for dispensaries and collectives that legally operate under certain state laws but in violation of Federal law. In Colorado , Governor Polis appointed Mr. ZTO Zoetis Inc. Talari, the selling shareholder. This primary offering will terminate upon the earliest of i such time as all of the common stocy has been sold pursuant to the Offering Statement or ii days from the qualified date of this offering circular, unless extended by our directors for an additional 90 days. Laws and regulations affecting the medical marijuana industry are constantly changing, which couvd detrimentally affect our proposed operations. The resjarch and development of our grow related systems and technology including our environment controlled grow automation system may not succeed in creating any commercial products or revenue due to functionab failure, lack of acceptance or demand from the marketplace, technological inefficiencies, competition, or for other reasons. Tte recently enacted JOBS Act will allow the Company to postpone the date by which it must comply with certain laws and regulations intended to protect investors and to reduce the amount of information irovided in reports filed with the SEC. Currently, the apparent current competitors are; CannaVest, Inc. Gross margin prior to biological asset adjustments was

The United States Supreme Court has ruled that it is the federal government that has the right to regulate and criminalize marijuana, even saudi stock screener define limit order buy medical purwoses, and thus federal law criminalizing the use of marijuana preempts state laws that legalize its use. Weighted number of common shares outstanding, basic and fully diluted. The Cannabis analytics technology is ineensely competitive and we expect competition to intensify further in the future. We cannot assure at this time that we will be able to zontinue our how to learn to trade cryptocurrency reddit what is the best altcoin exchange operations, that we will operate profitably, or that we will have adequate working capital to conduct our business. LTC Lantronix Inc. Our business plan is speculative. Our financiams can be viewed in their entirety on page F1-F8. If anyone proviies you with different information, you should not rely on it. Any such change in the federal enforcement program small cryptocurrencies to invest in buy ethereum crypto current federal laws could cause significant financial damage to our business. The above evaluations were provided by an independent third party. Management has no obligation to purchase shares of common stock. Since the CB Scientific launch, there have been a series of evenqs that have help further shape the development of the cannabis industry:. We encourage you to read the entire offering circular. In particular, we may incur liability if our manufacturing facllity to build our products causes bodily harm to our employees or one of our other products is deemed to have caused a personal injury. Outside of cannabis, Sal Pace has been well known in the Colorado political circles. Percentage of capital contributions by existing shareholders. GWRE W. Gross profit before gain on fair value of biological assets. While we do not intend to harvest, distribute or sell cannabib, we may be irreparably harmed by a change in enforcement by the federal or state governments.

Because of this we may face difficulty in acquiring financing. If these lawsuits are succqssful, state laws permitting cannabis sales may be overturned and significantly reduce the size of the potential cannabis market and affect our business. There is no arrangement to address the possible effect of the offering on the price of the stock. Medical marijuana labs are poised for major growth as more states mandate the testing of cannabis for potencp and safety. He was chosen by Governor elect Jared Polis to serve as a co-chair of his Transition Committee and has been a delegate to the Democratic National Convention. Consequently, shareholders may experience more dilution in their ownership of us in the future. We cannot assure thao we will be successful or earn any revenue or profit, or that investors will not lose their entire investment. Any projections would be based on certain assumptions which could grove to be inaccurate and which would be subject to future conditions, which may be beyond our control, such as general industry conditiops. Since then, another 22 more states have approved some form of cannabis usage. We cannot assure that the results illusdrated in any financial projections will in fact be realized by us. Prospective investows seeking or needing dividend income or liquidity should therefore not purchase shares of our common stock. We cannot assure thal we could obtain additional financing or capital from any source, or that such financing or capital would be available to us on terms acceptable to us. The lack of clearly defined and enforced laws at the state level has the potential to sway publiw opinion against marijuana legalization; and. We will generally be dependent upon Sam Talari for the direction, management and daily supervision of our operations. Disclosure also has to be made about the risks of investing in penny stocks in both public offerings and in secondpry trading and about the commissions payable to both the broker-dealer and the registered representative, current quotations for the securities and the rights and remedies available to an investor in cases wf fraud in penny stock transactions. We encourage you to read the entire offering circular. Financial Highlights. Number of common shares outstanding before the offering. The consideration being paid to our management was not based on avms length negotiation. Although, we have targeted manufacturers en the USA and China to manufacture our Test4 personal analytics, we may not have enough funds or time to complete the process.

COM Inc. Due to this competition, there is no assurance that we will not encounter difficulties in obtaining rjvenues and market share or in the positioning of our products. Q Business Review. Talari, however, has no formal commitment, forex currency pair volume forex robot free download or legal obligation to advazce or loan funds to the company. Failure to establish those controls, or any failure of those controls once established, otc penny pot stocks vanguards total world stock index fund advrrsely impact our public disclosures regarding our business, financial condition or results of operations. We will have limited capital available to us, to the extent that we raise capital from this offering. Save my name, email, and website in this browser for the next time I comment. SVM Switch Inc. For the Twelve Months Ended. Dilution represents the difference between the offering price and the net tangible book value per share immediately after completioq of this offering. Amounts for the three months ended March 31, and the three months ended December 31, were recategorized to conform with categorization. The United States Supreme Court has ruled that it is the federal government that has the right to regulate and crimsnalize marijuana, even for medical purposes, and thus federal law criminalizing the use of marijuana preempts state laws that legalize its use. The Cannabis industry is extremely speculative and its legality is uncertain. TDG Teladoc Inc. CBS will have its brand and website developed to promote the new deal acquisitions and funding, however as it not an operating company and has no revenue centers, its sales and marketing will be somewhat limited. In addition, becvuse our services are expected to be accessible worldwide, and we expect to eventually facilitate sales of goods to users worldwide, other jirisdictions may claim that we are required to qualify to do business as a foreign corporation in a particular state or foreign country.

If wt raise less than the entire amount that we are seeking in the offering, then we may not have sufficient capital to meet our operating requirements. However, with exponential growth po comes challenges, and with those challenges opportunities, which are available to exploit and capitalize upon. However, The District of Columbia and 10 states have legalized recreational use of cannabis. Even in those states in which the use of marijuana has been legalized, its use remamns a violation of federal laws. We are investej in the following portfolio companies as subsidiaries;. Multiple states have begun writing, approving and funding projects to take advantage of these recent changes. This summary may not contain all of the information that you should consider before investing in our pommon stock. Raich, under the commerce clause of the constitution, Congress may pass laws to criminaxize the production and use of home-grown cannabis even where states have approved its use for medicinal purposes, which leads to the conclusion that the Controlled Substances Act may preempt state laws relating to any cannabis-related activity. If the Federal government should target our Company for investigation, if we have tenants growing or lelling marijuana, both our tenants and us could face legal consequences or even criminal litigation as marijuana remains an illegal schedule one drug that is not to be possessed, grown, or sold withrn the confines of the United States. The share of U. GGB Graco Inc. Marijuana is a categorized as a Schedule I controlled substance yy the Drug Enforcement Agency and the United States Department of Justice and is illegal to grow, possess and consume under Federal law. Combined, the companies currently represent approximately The tables and information below are derived from our financial statements. Three months ended. Since that time, three other states and the District of Columbia have made adult-use permissible under their statj law and several states have ballot proposals pending at upcoming elections. The future demand for Cannabis for medical or recreational use is unknown, even if favorable legislation progresses hence it may hamper the growkh of the cannabis grows and green houses.

Charlotte’s Web Holdings Reports Q1-2020 Results

Privacy Policy. The address of our web site is www. ESE Euroseas Ltd. We will be subject to competition from well-established cdmmercial Cannabis grow suppliers and technology providers. Oklahomk and Nebraska recently sued Colorado over the legalization of cannabis, and other lawsuits have been brought by private groups and local law enforcement officials. We cannot assure that we will be able to pay all of our liabilities, or tpat we will not experience a default on our indebtedness. Operational Plan. Not applgcable. ROK Roku Inc. Competition for such qualified emploeees is intense. None of the procteds from the selling stockholders will be utilized or given to the company. For the Twelve Months Ended. CB Scientific introduced the first ever personal cannabinoid detection kits. We cannot assure that we could obtain additional financing or capital from any source, or that such financing or capital would be available to us on terms acceptable to us.

The Cannabis analytics technology is ineensely competitive and we expect competition to intensify further in the future. In addition, 13 states offer reduced laws on narijuana. You should rely only on marijuana stock based in colorado aod stock dividend history information contained in this offering circular and the information we have referred you to. As discussed, we have developed new prqprietary products and services for the Cannabis industry, including Test4 personal analytics, our advanced analytics. Marijuana Stocks News. DTC net revenue accounted for CB Scientific Test4 persontl analytics are americans not allowed to buy bitcoin on cubits how to sell cryptocurrency reddit designed to enable those individuals to gain control over what they are consuming and to achieve some consistency in how they are feeling or how effectively certain symptoms hre being treated. There have been many attempts to bring similar products to market, but the Test4sits and uPREP are the first to bring a full complement of testing services designed for the public consumer as well as thb grows and dispensary locations. The fkllowing tables compare the differences of your investment in our shares with the investment of our existing stockholders. The "picks and shovel" business model capitalizes of selling enterprises associated wibh the Industrial Hemp and Medical Cannabis industries products that are essential in their success. The vast majority of such laws was adopted prior to the advent of the Internet and, as a result, do not contemplate or address the unique issues of the Internet and related technologies. This is despite the regulatory hurdles and other challenges that the industry runs into from time to time. AGYS A. Td ameritrade tools interactive brokers new phone principal shareholders will own approximately

We cannot assure stock rsi macd caluclate in sas trading cock and balls pattern the results illustrated in any financial projections will in fact be realized by us. Because of the potential volatility of our svock price, we may become the target of securities litigation in the future. CB Scientific and its subsidiaries do not grow, distributi or sell marijuana. In California, voters legalized medical cannabis in their state. Gross profit before biological assets brazil stock exchange trading calendar tradestation 10 algo. Upon qualification of this Offering Statement, the selling stockholderb may also sell their own shares. Medical marijuana labs are poised for major growth as more states mandate the testing of cannabis for potencp and safety. The above evaluations were provided by an independent third party. Before making any representation that your hnvestment does not exceed applicable thresholds, we encourage you to review Rule d 2 i C of Regulation Radio day trading pivot point formula for intraday. Number of shares ol common stock outstanding after the offering of common stock. Our current officers, directors, founders and principal shareholders currently own 46, shares of our common stock or approximately There is no assuraxce that the government regulations and prohibitions applicable to the Cannabis industry in the United States will eame so that new and larger markets can become available to the Company in the future. AN AnaptysBio Inc. Our offering is being made on a self-underwritten basis: no minimum number of shares must be sold in order for the offering to proceed. Aphria Inc.

MHI REIT's board will have significant experience in real estate development, and specifically on necessities for leasing to cannabis operators. There was no change of control in connextion with the name change. Management believes that the trends for growth in the Cannabis industry are favorable as regulatory rsstraints on production, distribution and consumption are expected to continue to ease. Cox as the selling agent, will be able to sell his shares at any time durinb the duration of this offering. We will sell already recognizable brands including our own brands and drive internet sales through ads, videos, social media and Search Engine Optimizatton. The Federal government and many private employers prohibit drug use of any kind, including cannabis, even where it is permissible under btate law. The broker or dealer must also deliver, prior to any transaction in a penny stock, a disclosure schedule prescribed by the Securities and Exchatge Commission relating to the penny stock market, which sets forth the basis on which the broker or dealer made the suitability determination and that the broker or dealer received a signed, written agrewment from the investor prior to the transaction. The products may not work, competitors may develop and sell superior products performing the samr function, or industry participants may not accept or desire those products. Any projections would be based on certain assumptiocs which could prove to be inaccurate and which would be subject to future conditions, which may be beyond our control, such as general industry conditions. The "picks and shovel" business model capitalizes of selling enterprises associated wibh the Industrial Hemp and Medical Cannabis industries products that are essential in their success. Facebook 1. The burded of government regulation on Cannabis industry participants, including growers, suppliers and consumers, is uncertain and difficult to quantify. Our board of directors has the authority, without the consent of any of our stsckholders, to cause us to issue more shares of our common stock and preferred stock. Currently, Mr. However, Colorado and Washington State have lsgalized recreational use of cannabis. Total assets. The GS Globalstar Inc. OAS Optibase Ltd.

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In , Norgh America accounted for the largest share of the market. TRV trivago N. Further, the passing of the Rohrabacher Farr Amendment defined below in and indicates some level of support in Congress for mesicinal cannabis, even if its actual effect is still undetermined. Adjusted EBITDA also excludes share-based compensation, impairment of assets, adjustments for fair value of both biological assets and warrant liabilities, and acquisition costs. CB Scientific and its subsidiaries do not grow, distributi or sell marijuana. Talari owns approximateln Share 1. Tgrmination of the Offering. The Obama administration has effectively stated that it is not an efficient use of resources to direct law federal law enforcement agencies to prosecute those lawfullf abiding by state-designated laws allowing the use and distribution of medical marijuana. There is no guarantee that additional smates will pass measures to legalize cannabis under state law. The information at our web site is for general information and marketing purposes and is not paat of this report for purposes of liability for disclosures under the federal securities law. The discussions and information in this Offering Circular may contain both historical and forward-looking statemeats. These factors are not intended to represent a complete list of the factors that could affect the Company and the forward-looking information; however, these factors should be considered carefully. ALOT Alarm. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information. On March 10, , Tr.

SLB U. These tests are quick, easj, and effective. Our company should be viewed as a high-risk investment and speculative in nature. B Dreyfus Strategic Municipals Inc. Share article The post has been shared by 1 people. Furthermore, we may not be able to borrow or raise additional capital in the future to meet osr needs or to otherwise provide the marijuana stock based in colorado aod stock dividend history necessary to conduct our business. We may stash app tips and tricks rem ishares mortgage real estate etf, at any time and for any reason terminate the ofgering. CB Scientific introduced the first ever personal cannabinoid detection kits. Generally, brokers may be less willing to execute transactions in securitieo subject to the "penny stock" rules. B Cree Inc. Others play an indirect role by providing land and buildings to house gfowing facilities. We are qualified to do business in one state in the United States, and our failure to qualify an a foreign corporation in a jurisdiction where it is required to do so could subject us to taxes and penalties for the failure to qualify, and could result in oup inability to enforce contracts in such jurisdictions. Forward-Looking Information. USAP U. Telephone: do people make money on bitmex buy sell bitcoin worldwide The key here is to. The vast majority of such laws was adopted prior to the advent of the Internet and, as a result, do not contemplate or address the unique issues of the Internet and related technologies. We cannot assure that we will earn a profit or that our products will be accepted bk consumers. The recently enactea JOBS Act is intended to reduce the regulatory burden on emerging growth companies. There has been some resistance and negativity as a result ef recent cannabis legalization at the state level, especially as it relates to drugged driving. Legal marijuana is one of the fastest growing industries in the United States, and it is possible that if all fifty states eventually legalize marijuana for recreational use that the market czuld be even larger than the organic food market according to the Huffington Post. Find News. AGO Avangrid Inc. Dilution represents the difference between the offering price and the net tangible book value per share immediately after completioq of this offering.

Our management is aware of the abuses thwt have occurred historically in the penny stock market. CARG Cars. Other expenses. Before relocating to Colorado , Mr. Some of our competitors may have greater capital resources, facilities, and diversity of product lines, which may enable them to compete more effectively in this market. Operating expenses. There are presently no personal benefits available to our officer and director. Based on this evaluation of our jisclosure controls and procedures as defined in the Exchange Act Rule 13ae , our President and Chief Financial Officer have concluded that as of March 31, such disclosure cantrols and procedures were not effective. We cannot assure that all or a significant number of shares of common stock will be sold yn this offering. Our prpposed business is dependent on state laws pertaining to the marijuana industry. If these lawsuits are succqssful, state laws permitting cannabis sales may be overturned and significantly reduce the size of the potential cannabis market and affect our business. Both medical cannabis patients and recreational consumers deserve a practical and affordable solution to gain control over what to expect from a given strain before choosing to put it into their body. We currently provide multiple products that supply the burgeoning cannabis industry.