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CannabisNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) Voices Support of SAFE Banking Act

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Chemistree Technology (CSE:CHM) (OTCQB:CHMJF) on Thursday announced its support for the passage of the Secure and Fair Enforcement Banking Act of 2019 ("SAFE Banking Act") by the United States House of Representatives. The SAFE Banking Act is anticipated to be voted on by the U.S. Senate by the end of the year. "Chemistree decided […]

Chemistree Technology (CSE:CHM) (OTCQB:CHMJF) on Thursday announced its support for the passage of the Secure and Fair Enforcement Banking Act of 2019 ("SAFE Banking Act") by the United States House of Representatives. The SAFE Banking Act is anticipated to be voted on by the U.S. Senate by the end of the year. "Chemistree decided early in its history to focus on developing its business in the legal cannabis industry in certain states in the US. Members of our management team, our Board of Directors and major shareholders have long been significant influencers in the legal cannabis industry in the United States," Chemistree Technology president Karl Kottmeier stated in the news release. "Yesterday's passage of the SAFE Banking Act by the U.S. House of Representatives is not only a huge vote of confidence for them in their efforts but also a crucial first step in the process of securing and simplifying financial transactions in the legal U.S. cannabis industry."

To view the full press release, visit http://cnw.fm/zaT1e

About Chemistree Technology Inc.

Chemistree Technology Inc. is an investment company dedicated to the U.S. cannabis sector, endeavoring to provide turn-key solutions for the regulated cannabis industry.  The company's corporate strategy is to acquire and develop vertically integrated cannabis assets, leveraging management's decades of expertise in the cannabis industry and corporate finance to own and operate licensed cultivation, processing, distribution and retail facilities. For more information, visit the company's website at www.Chemistree.ca.

NOTE TO INVESTORS: The latest news and updates relating to CHMJF are available in the company's newsroom at http://cnw.fm/CHM

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