Marapharm Ventures Inc. – Comments On The Introduction of Proposed U.S. Legislation To De-schedule Marijuana At Federal Level

KELOWNA, BC, April 24, 2018 /PRNewswire/ – Marapharm Ventures Inc. (CSE: MDM) (OTCQX: MRPHF) (FSE: 2M0) (“Marapharm” or the “Company”) is encouraged with the escalation of support at the federal level in the U.S. with the latest proposed Bill by Senator Chuck Schumer.

Senate Minority Leader Chuck Schumer announced on April 20, 2018, his support – for the first time – for decriminalizing marijuana at the federal level, as well as plans to introduce new legislation in the United States Senate to do so. Specifically, Leader Schumer’s legislation would remove marijuana from the list of scheduled substances under the Controlled Substances Act, effectively decriminalizing it at the federal level.

https://www.schumer.senate.gov/newsroom/press-releases/schumer-announces-support-for-decriminalizing-marijuana-at-federal-level-plans-to-introduce-new-legislation-in-us-senate-

“A staggering number of American citizens, a disproportionate number of whom are African American and Latino, continue to be arrested every day for something that most Americans agree should not be a crime, Meanwhile, those who are entering into the marijuana market in states that have legalized are set to make a fortune. This is not only misguided, but it undermines the basic principles of fairness and equal opportunity that are foundational to the American way of life.” Senate Minority Leader Chuck Schumer.