President of ACS
COLORADO SPRINGS, CO–(Marketwired – Sep 6, 2013) – Advanced Cannabis Solutions, Inc. (ACS), which was recently acquired by Promap Corporation (OTCBB: PMAP) released a statement in support of the recent landmark policy announcements by the US Department of Justice.
On August 29, 2013 Attorney General Eric Holder informed the governors of Colorado and Washington that the Department of Justice will allow the states to implement their ballot initiatives that legalized the production, distribution, and sale of marijuana for adults.
Deputy Attorney General James Cole also issued a memo to U.S. attorneys across the country outlining priorities for federal prosecutors enforcing marijuana laws. The directive will also apply to the 20 states that have legalized marijuana for medical purposes.
ACS president Robert Frichtel stated, “We applaud the recent DOJ announcements in support of the autonomy of individual states to determine their own cannabis laws without interference by the federal government.” Mr. Frichtel added that, “These policy statements provide important clarity to licensed, regulated cannabis businesses to meet the challenges associated with the anticipated surge in demand from adult consumers.”
Colorado voters first approved medical marijuana in 2000 and the state has been recognized as a national leader in the industry for over a decade. Under the provisions of recently passed Amendment 64, the Colorado market will be expanded in January 2014 to include adult, non-medical use.
Promap’s corporate name will soon be changed officially to Advanced Cannabis Solutions, Inc. in conjunction with the new trading symbol of (OTCBB: CANN).
About Advanced Cannabis Solutions
ACS provides a comprehensive set of solutions to the regulated cannabis industry. The Company does not grow, harvest, distribute or sell cannabis or any substances that violate United States law or the Controlled Substances Act, nor does it intend to do so in the future.
The Company intends to leverage its management team’s extensive experience in serving the cannabis industry by providing three distinct areas of products and services: real estate, consulting and ancillary products. ACS plans to work exclusively with licensed and regulated clients.
ACS management believes that the strong national momentum for cannabis will continue as more Americans appreciate the benefits of medical cannabis and also reject the failed policies of cannabis prohibition.