CORONA, Calif., July 30, 2014 /PRNewswire/ -- AVT, Inc. (OTC
Markets: AVTC) (www.autoretail.com), a leader in automated systems
for the marijuana industry, commented today on recent editorials by
the New York Times and the Los Angeles Times regarding the
legalization of cannabis.
CNBC reports that "Marijuana could be the next great American
Industry," and places the market size at $10.2 billion.
The New York Times compares today's
ban on marijuana to our nation's prohibition on alcohol.
"It took 13 years for the United
States to come to its senses and end Prohibition, 13 years
in which people kept drinking, otherwise law-abiding citizens
became criminals and crime syndicates arose and flourished. It has
been more than 40 years since Congress passed the current ban on
marijuana, inflicting great harm on society just to prohibit a
substance far less dangerous than alcohol."
The Los Angeles Times says that
changing marijuana's drug classification would help regulate the
market. "Why not reclassify marijuana from a Schedule 1 drug - a
ranking that means cannabis is as addictive as heroin and with no
medical benefit - to something less restrictive? Considering that
35 states permit marijuana for medicinal use, this classification
is obviously inappropriate. It's also one reason why California and other states have had such a
hard time regulating the medical marijuana industry."
If the federal government were to legalize marijuana, or simply
reclassify it to allow medicinal use, the affect on companies
involved in the cannabis industry could be momentous.
The Miami Herald reported that the "Green Rush" is just
beginning, and that marijuana will be the "Next Business Boom."
Several news reports suggested that companies like AVT that
provide products and services to the marijuana industry, could
greatly benefit from any loosening of the current marijuana
regulations.
"At AVT, we focus on developing technology-driven systems to
support growing markets," said Shannon
Illingworth of AVT, Inc. "Through continual innovation, we
have launched into new areas of automation. Our medicine dispensing
systems can be used by the rapidly growing cannabis, pharmaceutical
and healthcare industries, to improve safety, security and
regulatory compliance."
For more information on AVT or their medicine and cannabis
delivery systems, call (877) 424-3663, or visit:
www.autoretail.com.
Media Inquires:
The Innovation Agency
www.inov8.us
SOURCE AVT, Inc.