Federal Law And That The Approach To Enforcement By The U.s.

marijuana-related activities are expected to: Describe the nature of the public company’s involvement in the U.S. marijuana industry and include the disclosures indicated based on the nature of such involvement as either direct, indirect or ancillary (as discussed below); Explain that marijuana remains illegal under U.S. federal law and that the approach to enforcement by the U.S. federal government is subject to change, as well as a discussion of resultant risks of such change including the potential for adverse enforcement action; State whether and how the public company’s marijuana-related activities are conducted in a manner consistent with any U.S. federal enforcement priorities; and Given the illegality of marijuana under U.S. federal law, discuss the public company’s ability to access both public and private capital markets and indicate what financing options are available to support continuing operations. For public companies directly Green Rush engaged in the cultivation or distribution of marijuana in the U.S. in accordance with a state license, the following disclosure is required: An outline of the regulations for the U.S. state(s) in which the public company operates and confirm how the public company complies with applicable licensing requirements and the applicable regulatory framework; A discussion of the public company’s program for monitoring compliance with U.S. state law on an ongoing basis and its internal compliance mechanisms; and Disclosure of any material non-compliance, as well as material citations or notices of violation. For public companies with indirect involvement in cultivation or distribution of marijuana by way of a non-controlling investment in an entity who is directly involved in the U.S.

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