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MYM NUTRACEUTICALS (OTCMKTS:MYMMF) Issues International Operations Update

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In response to latest news announced by the U.S. Department of Justice pertaining federal cannabis regulations in the U.S., MYM NUTRACEUTICALS (OTCMKTS:MYMMF) intends to underpin its commitment to conducting and growing business merely in jurisdictions where that behavior is federally approved and otherwise in full agreement with all related laws in place.

The details

MYM Nutraceuticals does not presently have any operations in the U.S. and will not operate in that country unless major changes to the federal regulations pertaining cannabis are made. This perception is to shield the company and its stockholders. MYM is a global company, with its businesses in Australia, Canada, and lately seeking operations in Colombia. The company is pleased with their progress on each of their international operations and the opportunities they bring.

Because their operations hold considerable prospect, and are in promising business jurisdictions, MYM Nutraceuticals is privileged to have choices when it comes to financing their prevailing and imminent projects and operations. The company is currently looking at all options so that there is the least amount of dilution to its shareholders.

As a planned advantage of not performing operations in the U.S., MYM Nutraceuticals has been presented with numerous options from financiers seeking for safe places for their investments. However, they continue to establish business associations throughout the U.S. in anticipation of any deviations that lead to the start of the nation for business. In case of those revisions done, MYM is prepared and ready to commence legal operations in the U.S.

MYM and its subsidiary firm, Sublime Culture Inc., were delighted with the December 15, 2018 completion of Phase 1 of construction on the Sublime center in Laval, Québec. Upon this closure, MYM filed the needed Confirmation of Readiness for a permit under the ACMPR to Health Canada for the center.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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