PetroTiger Outsourcing Services A Brief Overview

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Introduction
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Boris Shcharansky

• Founder/CEO of Heartland Hemp Company in Des
  Moines, IA
• Entrepreneur and Hemp Advocate
• Eight years of direct business development
  experience across three start-ups
• Registered Lobbyist in Iowa
• Graduated University of Pennsylvania
• Iowa Connection
• 27 years Iowa resident
• Valley High School graduate, West Des Moines
• Des Moines area business owner since 2004

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Iowa Hemp Association

• Developed nationwide and global network of hemp
  industry professionals
• Dedicated to the re-introduction and re-emergence
  of Hemp as a viable agricultural crop in Iowa
• Co-wrote and introduced House Bill 470 in 2015
• Production, Marketing and Distribution of
  Industrial Hemp and Related Plant Materials
• Never brought to committee vote
• Died in first funnel
• Committed to working with Iowa farmers to
  re-introduce hemp as a commercial crop
• Developing relationships with farmers experienced
  in certified-seed growing

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Federal Cannabis Legislation
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House Legislation
Senate Legislation

• HR 1014 Marijuana Tax Revenue Act
• HR 1013 Regulate Marijuana Like Alcohol Act
• HR 1940 Respect State Marijuana Laws Act
• HR 1774 Compassionate Access Act
• HR 1635 Charlottes Web Medical Hemp Act
• HR 1538 CARERS Act
• HR 525 Industrial Hemp Farming Act

• S. 683 CARERS Act
• S. 134 Industrial Hemp Farming Act
• S. 1333 Therapeutic Hemp Medical Access Act

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HR 1014 Marijuana Tax Revenue Act of 2015

• Introduced 2/20/2015 by Representative Earl
  Blumenauer (D, Oregon)
• 1 Chance of Passage, 7 co-sponsors (7 D)
• Provides tax on marijuana enterprises
• 10 on total sales for first 2 years
• 15 in year 3
• 20 in year 4
• 25 in year 5
• Requires federal permit to engage in marijuana
  enterprise
• Requires study of characteristcs of marijuana
  industry every 5 years
• Adds marijuana to Bureau of Alcohol, Tobacco,
  and Firearms (and Marijuana)
• Becomes applicable once cannabis is removed from
  all schedules under CSA (180 days)

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HR 1013 Marijuana Tax Revenue Act of 2015

• Introduced 2/20/2015 by Representative Jared
  Polis (D, Colorado)
• 1 Chance of Passage, 18 co-sponsors (17 D, 1 R)
• Directs Attorney General to remove cannabis in
  all forms from the Controlled Substances Act
• Removes cannabis as a dangerous drug for
  purposes of federal criminal code provisions
• Removes cannabis as targeted drug for purposes
  of youth anti-drug media campaigns
• Gives FDA oversight of cannabis commerce in same
  way FDA regulates alcohol
• Renames Bureau of Alcohol, Tobacco, Firearms, and
  Explosives to Bureau of Alcohol, Tobacco,
  Marijuana, Firearms and Explosives
• 2-year period to conduct review of Act and assess
  its success

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HR 1940 Respect State Marijuana Laws Act

• Introduced 4/22/2015 by Representative Dana
  Rohrabacher (R, California)
• 0 Chance of Passage, 14 co-sponsors (8 D, 6 R)
• Amends CSA to exempt any person acting in
  compliance with State cannabis laws

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HR 1774 Compassionate Access Act

• Introduced 4/14/2015 by Representative Morgan
  Griffith (R, Virginia)
• 4 Chance of Passage, 3 co-sponsors (3 D)
• Directs Department of Health and Human Services
  to submit to DEA recommendation to transfer
  cannabis from Schedule 1 to another schedule 180
  days after enactment.
• DEA must re-schedule cannabis from Schedule 1 one
  year after enactment
• Permits consideration of State-level scientific
  studies as evidence against Schedule 1
  classification even if non-federal cannabis was
  used in study!
• Amends CSA and Federal Food, Drug, and Cosmetic
  Act
• Excludes Cannabidiol and allows states to enact
  laws to grow cannabis with lt 0.3 THC for CBD
  production
• No provision to restrict physicians from
  prescribing CBD or medical cannabis in states
  allowing medical cannabis or CBD
• Requires Attorney General to register cannabis
  researchers to executive branch agency to conduct
  research and requires adequate supply of research
  cannabis to be available

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HR 1635 Charlottes Web Medical Access Act

• Introduced 3/25/2015 by Representative Scott
  Perry (R, Pennsylvania)
• 2 Chance of Passage, 58 co-sponsors (28 D, 30 R)
• Amends CSA and Federal Food, Drug and Cosmetic
  Act
• Excludes Cannabidiol and Cannabidiol-rich plants
  from definition of marijuana
• Plants must be less than 0.3 THC
• Act terminates after 3 years

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HR 1538 CARERS Act (S. 683)

• Introduced 3/23/2015 by Representative Steve
  Cohen (D, Tennessee)
• S. 683 Senator Cory Booker (D, New Jersey)
• 1 Chance of Passage, 22 co-sponsors (11 D, 11 R)
• S. 683, 15 co-sponsors (12 D, 2 R, 1 I)
• Amends CSA
• Moves cannabis from Schedule 1 to Schedule 2
• Excludes Cannabidiol from definition of
  marijuana, with plants required at less than 0.3
  THC
• Opens up banking for legal state cannabis
  industries
• Protects financial institutions from an federal
  penalties for working with cannabis companies
• Directs DEA to approve at least three licenses
  under the CSA for federal research cannabis
  cultivation
• Directs Department of Veterans Affairs to
  authorize VA health providers to recommend
  cannabis for patients residing in states with
  legal medical marijuana programs

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HR 525 Industrial Hemp Farming Act (S 134)

• Introduced 3/23/2015 by Representative Thomas
  Massie (R, Kentucky)
• S. 134 - Senator Ron Wyden (D, Oregon)
• 1 Chance of Passage, 64 co-sponsors (39 D, 25 R)
• S. 134, 10 co-sponsors (5 D, 4 R, 1 I)
• Amends CSA
• Removes industrial hemp from definition of
  marijuana
• Defines industrial hemp as Cannabis Sativa L.
  with concentration of THC at or below 0.3 THC

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S. 1333 Therapeutic Hemp Medical Access Act

• Introduced 5/13/2015 by Senator Cory Gardner (R,
  Colorado)
• 2 Chance of Passage, 9 co-sponsors (5 R, 4 D)
• Amends CSA
• Exclude Cannabidiol and Cannabidiol-rich plants
  from definition of marijuana
• CBD no longer controlled substance
• Cannabis Sativa L. with lt 0.3 THC

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Questions
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