Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Tribes advised to tread cautiously on marijuana

 


This summer, the Big Valley Rancheria Band of Pomo Indians — headquartered along the shores of Clear Lake in Northern California — did something rare. Its chairman signed a memo of understanding with a Colorado-based company for the possible "cultivation, research, manufacturing and distribution of cannabis products."

That document, a copy of which was obtained by The Desert Sun, states that Green Grass Advisors would get 10 percent of gross revenues for seven years in exchange for the company's "experience, expertise and management services." The tribe agreed to put up a $20,000 retainer.

One of the company's affiliates would provide expertise on "cannabis and medical cannabis related products to the extent permitted on sovereign lands," while a second would provide medical cannabis guidance on tribal territory "and in legal cannabis markets."

http://www.redding.com/news/local/tribes-advised-to-tread-cautiously-on-marijuana-3fe25aa0-417d-7774-e053-0100007fbd2b-399168071.html

 

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