SOURCE: The Amergence Group

The Amergence Group

March 30, 2011 09:15 ET

Company President Speaks at the National Press Club and Represents the Cannabis Industry Before the US Treasury Department in Washington, D.C.

PHOENIX, AZ--(Marketwire - March 30, 2011) - Altitude Organic Corporation (PINKSHEETS: AMNG), a nationally expanding medical marijuana company, is pleased to announce that its president, Brian Cook, has been invited by the National Cannabis Industry Association (NCIA) to speak at the National Press Club in Washington D.C. this morning. (www.thecannabisindustry.org) Brian is representing the medical marijuana industry at today's event on Capitol Hill. 

After speaking at the National Press Club, Brian will join several other members of the board of directors from the trade association who were chosen to appear before the US Treasury Department. The meeting at the Treasury Department will begin a dialog regarding the loosening of banking restrictions that are currently being enforced on state legal medical marijuana businesses. Many state legal businesses have found it difficult to maintain commercial bank accounts as well as their merchant processing, because medical marijuana remains federally illegal. Afterward, the trade group will meet individually with members of Congress and the finance committee to extend olive branches between the cannabis industry and the legislature.

Brian Cook emphatically stated, "We are here to help clarify at the federal level that there are actual business professionals bringing this new industry out from the shadows and into the light. To achieve this, we must have the support of the banking community so we can provide quality services to medical patients while remaining in compliance with stringent rules and regulations. Our goals are straightforward and clear: we are seeking support at the national, state, and local level to bring about new, common-sense regulations related to cannabis. It is the right thing to do for the country. We can no longer afford to ignore that tremendous benefits await medical patients, local economies, the commercial real estate industry, as well as city, state, and federal budget deficits. The rebirth of the legal cannabis industry, after nearly 80 years in our great country, should be supported by the national banks and members of both parties of Congress."

ABOUT ALTITUDE ORGANIC CORPORATION
Altitude Organic Corporation was founded in Denver, during the medical marijuana industry 'green rush' of early 2010. Altitude Organic Corp. generates revenue within the fastest growing industry in the United States without carrying the liability of growing and selling marijuana. The company generates revenue by licensing its Altitude Organic™ Federal Trademark and seed-to-sale business services to dispensaries in Colorado and California. The company recently launched Doctor MMJ (www.doctormmj.com) -- a medical marijuana doctor referral service. Visit www.altitudeorganicmedicine.com or www.altitudeorganix.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.

www.altitudeorganix.com

Contact Information

  • Company and Contact:

    Mr. Brian Cook
    Altitude Organic Corporation
    14220 N. Northsight Blvd., Suite 139
    Scottsdale, Arizona 85260
    P - 480-443-1600
    F - 424-288-5523
    brianc@altitudeorganicmedicine.com