The company confirms, as previously announced, an agreement still in the works anticipated to result in a cash infusion within the next 90 days. Management indicates the agreement is progressing on track and anticipated to be completed on or ahead of schedule.
The new development announced today is a provisional cannabis cultivation license in the
In February of this year,
USMJ has a subsidiary that has been growing hemp for CBD for the past four years. USMJ announced in March of this year, that its subsidiary had received an invitation from the
In light of the license, USMJ and PURA are reviewing current business plans and exploring an update to the existing strategy of both companies.
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