PAID ADVERTISEMENT
DEAR MR. PRESIDENT,
We need your help!
The rapidly growing American cannabis industry represents an
extraordinary economic opportunity for our country, yet Canada is
threatening to deprive American farmers, workers and businesses from the
prosperity that rightly belongs within our borders.
The legal cannabis sector has proven its ability to stimulate our domestic,
economy and provide well-paying jobs to Americans in numerous states
from coast to coast. Data from legal states also shows a reduction in opiate
abuse and associated overdoses, which as you have said on multiple
occasions, is a national crisis that should not be ignored.
Existing regulations on production ensure that every aspect of the cannabis
supply chain occurs within state borders, which means no shipping of US
dollars and US jobs overseas or across borders. As you may know, this sector
is in the process of creating 1 million jobs for our citizens and billions more
dollars in tax revenue. There is no doubt since legalization began in many
states, cannabis has made meaningful contributions to the tax base and has
generated sustainable economic growth in the jurisdictions that have voted to
permit its use.
AMERICA IS RAPIDLY LOSING ITS COMPETITIVE
ADVANTAGE TO CANADA.
The cannabis industry is legal in 31 states, yet most domestic
companies do not have access to traditional banking or institutional
financing. As a result, many US companies are being forced to
move to the Canadian public markets to access capital and build
their businesses.
In addition, several Canadian companies are taking advantage of US
investor interest in cannabis to raise and deploy significant capital to
acquire US assets, Regrettably, this will put what should be one of our
homeland's greatest economic drivers in foreign control.
Unless we act now!
To prevent this critical growth opportunity from becoming heavily dominated
by foreign ownership, the federal government MUST allow states to enact
their own cannabis regulation so that we can fairly compete and protect
our domestic industry before it's too late.
Please help us Mr. President!
Sincerely,
Z.
Derek Peterson, CEO & Chairman
Terra Tech Corp.
www.terratechcorp.com
ten UU Odin.
‘This isnot an offer to sell or a solicitation of any offer to buy any securities.