A Wyoming Native American tribe is considering hemp and medical cannabis as a possible opportunity to boost its economy. It has authorized a committee to study the opportunities for the reservation to take advantage of the relaxing attitudes towards cannabis.
HEMP.im is the world’s cannabis news resource. Millions of people use this application to discover the latest information about marijuana, hemp, and cannabis. We also cover the entire spectrum of companies involved in the hemp industry, including hemp stocks listed in the US, Canada and other markets such as Canopy Growth, Tilray, Aurora Cannabis, Aphria, HEXO Corp, Isodiol International, CV Sciences, CW Hemp, GW Pharma, Innovative Industrial Properties, Village Farms and other cannabis and marijuana stocks.
Medicinal cannabis as treatment in Wyoming Shoshone Tribe
The East Wyoming Shoshone Tribe is considering hemp and medicinal cannabis as a way to diversify the economy of the Wind River Reserve in addition to offering alternatives to treat conditions or diseases.
The Casper Star-Tribune reported that the General Council of the Eastern Shoshone Tribe approved a group study on the benefits of legalization of medical cannabis and its potential to treat members of the Eastern Shoshone tribe’s Wind River Reservation.
The tribe’s General Council voted to approve a resolution authorizing a group to study the legalization and production of medical cannabis.
The plan would be led by a group of community members called Shoshone So-go-Beah Naht-Su in Shoshone or Mother Earth and Medicine in English. The same group also announced that they currently have no plans to legalize cannabis for adult use.
General Council Meeting
At the meeting of the general council next year, they want to present an investigation in this direction. “Some of the benefits we thought together were creating more jobs and healing our people.
We are trying to make a transition from medicinal hemp and cannabis to Wyoming so that our tribe can economically stabilize.” That’s what Bobbi Shongutsie, a member of So-go-Beah Naht-Su, told. According to them, the first step is for the Council to vote on it. The second step would be to propose an action plan to the Council itself.
Alternatives for younger generations
On the other hand, another member of the Group, Alexis Eagle, said that they hope to give the next and younger generations alternatives with the potential of this new industry.
However, it is also said that some of the elders of the tribe expressed doubts about these visions. The federal government has previously stated that the tribes would be treated as own states with the cannabis issue.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in LA MARIHUANA, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Urbanitae Launches a €5M Crowdfunding for Residential Development in Tenerife
Urbanitae, whose CEO is Diego Bestard, has financed thirteen real estate projects worth $14.6 million (€12.5 million) during the first...
Cardano (ADA) Price Forecast After the Annual Cardano Summit
Cardano held its virtual conference over the weekend. The daily chart shows that the ADA price has been under pressure...
High Time to Invest in Medical Marijuana?
As states and regions look to harness the monetary potential of the legal marijuana market, it is expected that licensing...
How the U.S. Dollar Influences the Price of Cotton Futures
Cotton futures were higher on Friday in response to a stronger U.S. dollar and a strong weekly export sales report. The...
Deutsche Bank Acquires Berlin-based Fintech Company Better Payment
Deutsche Bank has acquired the Berlin-based payment fintech company "Better Payment". Through the full acquisition, the Frankfurt-based bank not only...
Cannabis2 weeks ago
Are Cannabis Social Clubs in Barcelona on the Verge of Closure
Crypto2 weeks ago
Coinbase Pro Accidentally Relists the Troubled XRP
Featured2 weeks ago
Speculative Long Liquidation Negatively Impacted the Price of Cocoa
Featured2 weeks ago
The Rise of Fintech Companies Accelerates the Transformation of Traditional Banks