DALLAS, TX - 
(NewMediaWire) - May 06, 2024 - Auri Inc. (OTCPK: AURI) (the Company): Today, the company shares exciting legal and market developments on marijuana law in the US.
The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, The Associated Press has learned, a historic shift to generations of American drug policy that could have wide ripple-effects across the country.
Once OMB signs off, the DEA will take public comment on the plan to move marijuana from its current classification as a Schedule I drug, alongside heroin and LSD. It moves pot to Schedule III, alongside ketamine and some anabolic steroids, following a recommendation from the federal Health and Human Services Department.
This will help fuel fast growth in the marijuana industry, with an estimated worth of nearly $30 billion. Easing federal regulations could reduce the tax burden that can be 70% or more for businesses, according to industry groups. It could also make it easier to research marijuana, since it’s very difficult to conduct authorized clinical studies on Schedule I substances.
The agency’s move, confirmed to the AP on Tuesday, April 30th by people familiar with the matter to discuss the sensitive regulatory review, clears the last significant regulatory hurdle before the agency’s biggest policy change in over 50 years can take effect.
BY ZEKE MILLER, JOSHUA GOODMAN, JIM MUSTIAN AND LINDSAY WHITEHURST / AP
APRIL 30, 2024, 1:29 PM EDT
Source: TIME Magazine.
https://time.com/6972835/u-s-drug-control-agency-moves-to-reclassify-marijuana-in-a-historic-shift/
“Auri Inc. stands to benefit from these developments and add value Knockout, its Delta 9 and CBD line of products. Our sports and entertainment line, www.TheChamp.io, is positioned to release 14 new products this season alone! By lessening restrictions and changing categories, the development cost is now drastically reduced, while the markets and territories for sales and distribution have increased,” stated Edward Vakser, CEO.
The management plans to announce additional business developments and opportunities that recently presented themselves. The cost savings and expansion to more distributors prompted the company and its consultants to adopt a “stock buy-back” plan. New business plan adjustments and milestones will be detailed this week.
Auri Inc. with its brand ambassadors Riddick Bowe, Jonathan Felton and entourage, continue to promote “Riddick” Big Daddy Boxing and Knockout products, www.thechamp.io
The Boxing Fan Expo 2024 Las Vegas featured some of the best and legendary boxers of all time, a perfect fit for Riddick Bowe, The Champ. https://boxfanexpo.com/ The schedule included the Snoop Dogg day party on Saturday, and the Canelo Alvarez Fight. This completed the Cinco de Mayo events this weekend in Las Vegas. Shareholders and investors came, along with general public. The champ, Riddick Bowe, was available for interviews and autographs. Auri, the company, continues to promote its incredible line of CBD and Delta 9 edibles.
“We are experiencing a very positive response to our product line, ‘Knockout’, featuring the champ Riddick Bowe, at www.thechamp.io . The product is getting traction due to its formula that features four (4) incredible ingredients combined to create a very powerful formula. The Knockout line features CBD, Delta 9, and Lion’s Mane Smart Shrooms combined with a patented S.E.N.D.S emulsion technology that enhances flavor, absorption, potency, and longer lasting experience,” explains Edward Vakser.
The Knockout products launch features the Knockout #Pain, #CBDcream, #Gummies, following by Knockout punch and full line on non-alcohol drinks, with #CBD, #Delta-9, #THC, and #lionsmane smart #shrooms, that completes the full pain and sleep management products offerings while giving the consumers a long lasting and enjoyable experience.
Riddick Bowe management and marketing teams are linking all their social media and contacts to Auri Inc. portals and marketing teams, www.thechamp.io and wholesale processing www.knockoutshops.com. The overall following presents a very healthy audience with approximately 400,000 to a million followers and viewers.