Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Lauds U.S. Supreme Court Decision on Sports Gambling as Positive Move for Cannabis Industry

May 23, 2018 12:08:18
  • Landmark ruling strikes down federal law that bans states from allowing sports gambling
  • Legal experts posit that the U.S. Supreme Court’s 7-2 decision has important implications for state-legal marijuana programs
  • Sunniva’s core subsidiaries, licensed tenant cultivators gear up to supply multibillion dollar recreational, medical cannabis industries in Canada, California

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically integrated medical cannabis and services provider operating in Canada and California, joins a growing cadre of voices lauding the U.S. Supreme Court’s recent decision to strike down a federal ban on sports gambling. The 7-2 landmark ruling in Murphy v. National Collegiate Athletic Association (http://nnw.fm/G4eyW) is hailed as a positive move for the cannabis industry by legal scholars, cannabis insiders and others interested in cannabis law reform (http://nnw.fm/FcFZ9).

There currently are nine states in the U.S. with legalized sales of recreational cannabis on the books – with the District of Columbia legalizing its use, but not sales – while some form of cannabis use is allowed in 30 states and the…

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