Marapharm Ventures Inc. (OTCQB: MRPHF) (CSE: MDM.CN) (FSE: 2M0) Announces that the State of Nevada has Awarded Conditional Approval for its Marijuana Distributor License

On August 22, 2017 the Nevada Department of Taxation, the main oversight body for marijuana in the state, conditionally approved an application for a marijuana establishment distributor license, subject to vehicle and facility inspections. This is the first award among multiple applications Marapharm submitted.

Cannabis companies eager to take growing biz to the bank

Any private U.S. bank that is insured by the federal government is forbidden by law from knowingly handling money from cannabis businesses. That leaves people in the rapidly growing industry with few options when it comes to dealing with business basics like payroll, taxes, and finances.., Inc. (CIIX) Seen Benefitting from Senate Committee Vote for Amendment Protecting Legal Cannabis, Inc. (OTCQB: CIIX) and other cannabis companies were overjoyed by the July 27 affirmative voice vote by the Senate Appropriations Committee to approve an amendment to a “2018 Commerce, Justice and Science Bill” that bars the federal government from using federal funds to investigate medical marijuana cases within states that have legalized medical marijuana.