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X-Change Corp. Delighted with DOJ's Historic Shift Toward Non-Interference Within State Cannabis Regulatory Environments; Sees 'Green Light' for Company's Patient-Driven Medical Cannabis Operations Under State Laws
Date:8/30/2013

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"Progress in the acceptance of medical cannabis has now, I believe, reached the tipping point in the United States.  The federal government has taken a long-awaited, critical leap forward to catch up with the reasoned and compassionate actions of individual states and their citizens.  X-Change Corp. is incredibly heartened by these federal developments and intends to continue to forge ahead with its multi-pronged business plan, including the management and operation of patient-driven medical cannabis facilities in legal and robust state regulatory environments throughout the country," stated Chad S. Johnson, COO and General Counsel of The X-Change Corporation.

This announcement comes less than two weeks before a September hearing by the Senate Judiciary Committee, at which Committee Chair Patrick Leahy stated he will address the blurred lines between federal and state cannabis laws.  Among those to testify at the hearing is the Deputy Attorney General who authored the DOJ's guidance memorandum.  The DOJ announcement also closely follows the well-received documentary and pro-medical cannabis editorial in which renowned neurosurgeon Dr. Sanjay Gupta, Chief Medical Correspondent of CNN, brought to the world stage the real life stories of medical cannabis patients after nearly a year of research on the subject.

Deputy Attorney General James M. Cole's August 29, 2013 Memorandum For All United States Attorneys, "Guidance Regarding Marijuana Enforcement", can be found here. http://www.justice.gov/iso/opa/resources/3052013829132756857467.pdf

The Roll Call article on the medical cannabis Senate Judiciary Committee hearing, scheduled for September 10, 2013, can be found here.
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SOURCE The X-Change Corporation
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