Nutritional High International Inc. Ordinary Shares SPLID

None of the bigs are worried. Link to nr embedded.

[Sailsaway]

"The Cole Memo was not a federal law and did not alter the DOJ's authority or discretion to enforce federal drug laws, which discretion continued after the Cole Memo was adopted in 2013. Accordingly, iAnthus' management believes the rescinding of the Cole Memo does not indicate any specific change in DOJ enforcement policy. There is no new policy that directs or demands the U.S. Attorneys to prosecute individuals in states where marijuana programs are legal. U.S. Attorneys will continue to have the same wide prosecutorial discretion that they had prior to today.

The regulated marijuana industry has created tens of thousands of American jobs and provided hundreds of millions of dollars in needed tax revenue to state and local governments, while at the same time serving to disintermediate the black market that has existed since the beginning of the federal marijuana prohibition. Turning the clock back twenty years and re-opening the door to criminal cartels is counterproductive and serves no practical purpose. In addition, the federal government has traditionally relied upon state and local law enforcement in the area of marijuana enforcement, given the federal government's limited resources and prioritization of serious harmful drug offenses that do not involve marijuana. In states where the voters have adopted regulated medical and/or adult use marijuana programs, there is little reason to believe that state and local prosecutors and law enforcement will prioritize assisting in the enforcement of federal law pertaining to state licensed marijuana operations.

For all of these reasons, we would expect that today's action will have little or no material impact ...

https://www.marketwired.com/press-release/ianthus-responds-to-department-of-justice-decision-to-rescind-the-cole-memorandum-2244131.htm