Roadman Investments Applauds the City of Chicago’s Decriminalization of Entheogenic Plants
21 Oktober 2019 - 2:00PM
Roadman Investments Corp. (TSXV: LITT)(FWB: 1QD)(OTC: RMANF)
(“
Roadman Investments” or the
“
Company”) applauds the city of Chicago’s
resolution that allows for plant-based hallucinogenic practices and
ends the investigation and imposition of criminal penalties for use
and possession of hallucinogens derived from plants or fungi, such
as mushrooms, cactuses and the iboga plant. The resolution supports
Entheogenic Plant practices and declares that the investigation and
arrest of individuals involved with the adult use of Entheogenic
Plants on the Federal Schedule 1 List be amongst the lowest
priority for the Chicago Police Department.
The resolution was passed with a unanimous 50-0 vote making
Chicago the third city in the US to decriminalize entheogenic
plants. Chicago’s effort follows in the footsteps of Denver
and Oakland, two other large US cities which passed similar
measures earlier this year. At nearly 10 million people, Chicago’s
metropolitan area is the third most populous in the US making this
a major milestone for the North American Wide effort to
decriminalize psychedelics.
Psilocybin, naturally occurring in Entheogenic mushrooms, has
been studied extensively in recent years and data shows that it can
alleviate end-of-life anxiety for hospice and terminal cancer
patients, can reduce prison recidivism, can effectively treat
substance abuse, anxiety and depression. With growing positive
scientific findings and a mental health crisis more cities are
reviewing similar initiatives as the wave of decriminalization
garners momentum. Roadman Investments is actively evaluating
investments in companies developing treatments utilizing
entheogenic plants.
CEO and Director Luke Montaine commented: “There is an immense
policy shift that is just beginning and the positive news coming
from Chicago are just the start. Psychedelic treatments are proven
to be effective and our company is looking forward to investing in
the leading companies in this industry.”
The full resolution can be accessed here.
About Roadman Investments Roadman Investments
is mandated with realizing alpha returns for its shareholders via
the tactical deployment of capital across the resource,
agricultural, financial services, technology and health and
wellness verticals.
For further information, please contact:
Media Contact:Nikolai Vassev
nik@iacinvest.com+1 (778) 772-1751
Learn more about Roadman by visiting our website
at: https://roadmancorp.com/
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TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Caution Regarding Forward-Looking Statements –
This news release contains certain forward-looking statements,
including statements regarding the business of the Company. These
statements are subject to a number of risks and uncertainties.
Actual results may differ materially from results contemplated by
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consider the foregoing factors and other uncertainties and should
not place undue reliance on such forward-looking statements. The
Company does not undertake to update any forward looking
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