Altitude President Brian Cook, Advises Governor Brewer to Accept The Will of The People and Proceed with Arizona's Medical Marijuana Dispensary Process
PHOENIX, Aug. 4, 2011 /PRNewswire/ -- Altitude Organic Corporation (ERBB:OTCPink), a leading national, publicly-traded medical marijuana company, would like to update shareholders on the status of Arizona Governor Jan Brewer's lawsuit against the federal government regarding the legality of the state medical marijuana law. Deputy US attorney Scott Risner filed legal papers in US District Court on Monday August 1st asking judge Susan Bolton to throw out the case saying, "there is no legal basis for the meritless lawsuit because there is an absence of any prosecution regarding the actual state law." Scott Risner belittled the lawsuit filing characterizing it as an academic or political question that Governor Jan Brewer has requested the federal court answer. The federal attorney arguments mirror the position taken by the American Civil Liberties Union and Arizona dispensary applicants that sued the state of Arizona to reopen the dispensary application process that is costing legal dispensary applicants, landlords, and medical patients hundreds of thousands to millions of dollars during the delays.
CEO Brian Cook commented, "It is clear to most that the governor's position is intended to thwart the implementation of Arizona's new medical marijuana laws. Not one less person is using cannabis in Arizona due to her delaying tactics. The costs to the state in lost tax revenue, delayed job creation, wasted lawsuit expenditures, and additional strain on our already overtaxed criminal justice system are enormous. Altitude Organic Corp plans to create jobs, follow strict legal regulations, pay significant state and federal taxes, and help communities and patients along the way. The time is now for Governor Brewer to take a major step in rebuilding Arizona's ailing economy by removing any contrived impediments standing in the way of creating a legally regulated cannabis industry. By not acting now, the people of Arizona can be guaranteed that the cannabis industry will continue to be managed by criminals in an underground, untaxed, and unregulated marketplace."
ABOUT ALTITUDE ORGANIC CORPORATION
Altitude Organic Corporation www.altitudeorganix.com provides independently-owned retail dispensaries in Colorado, California, and Arizona business support services, while also acting as a one-stop-shop for entrepreneurs looking to enter the burgeoning, multi-billion dollar industry of legal cannabis. Altitude Organic Corporation has launched its new management company strategy in Arizona. The company can manage, staff, consult, and provide uniquely branded products and concepts to medical marijuana dispensaries using a limited liability agreement. The company also sells horticulture equipment via its partnership in Sundance Hydroponics (www.sundancehydroponics.com). Visit www.altitudeorganicmedicine.com today.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
Company and Contact:
CEO - Brian Cook
Altitude Organic Corporation
14220 N. Northsight Blvd., Suite 139
Scottsdale, Arizona 85260
480-443-1600
info@altitudeorganix.com
www.altitudeorganix.com
SOURCE Altitude Organic Corporation
