Cullinan Metals Corp V.CMT

Primary Symbol: C.CMT Alternate Symbol(s): CMTNF

Cullinan Metals Corp. is a Canadian mining and exploration company focused on the development of energy metals. The Company is focused on energy resources, such as copper, graphite and lithium assets. Its projects include Smiley Lithium Project, Lac-Des-Iles West Graphite Project and Wakeman Lake Lithium Project. The Smiley Lithium Property consists of around five mining claims comprising approximately 1,902 hectares located 55 kilometers (km) north of Thunder Bay, Ontario. The Smiley Lake Lithium property is located in northwestern Ontario where numerous lithium deposits have been delineated to host significant reserves of lithium oxide (Li2O). The Lac-Des-Iles West Graphite Project consists of around 43 mineral claims in one contiguous block covering approximately 2276 hectares land, near the town of Mont-Laurier in southern Quebec. The highly prospective Wakeman Lake Lithium Project covers approximately 7,900 acres and is located in Northwestern Ontario.

CSE:CMT - Post by User

Cullinan Metals Corp

<< Previous

Bullboard Posts

Next >>

Post by bogdanszon Jul 19, 2021 10:06am

104 Views

Post# 33568722

Senate Democrats Unveil Plan to Legalise Cannabis Across US

This week, three US Democrat senators released a discussion draft of a bill that aims to legalise cannabis.

US Senate majority leader Chuck Schumer, finance chairman Ron Wyden and new Jersey Senator Cory Booker unveiled the Cannabis Administration and Opportunity Act aims to remove cannabis from the federal list of controlled substances.

Adult recreational use of cannabis is legal in 18 states, and allowed medically in 37 states, it remains illegal under US federal law, deterring banks and others from dealing with companies that sell marijuana or related products.

The minimum age required to buy cannabis will be 21 years, much like alcohol and cigarettes, while limited retail sales transactions at the state level to 10 Oz. of cannabis at a time or the equivalent amount of any cannabis derivative.

In early February this year, the three Democrat senators had called for “ending the federal marijuana prohibition” and promised a “comprehensive cannabis reform legislation.”

The draft bill will have to pass both the Democratic-controlled Senate and House of Representatives and be signed by President Joe Biden, to become law.

A final legislative draft will be introduced later and feedback on the discussion draft can be provided until September 1st, 2021.

New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks and some of our Top Cannabis Stocks.

For more of the latest info on Cannabis, check out the Cannabis Trending News hub on Stockhouse.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?