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Hires Pro Wrestler Rob Van Dam Is Chairman of UAPC s Board
UAPC INC. (OTC:UAPC), which
recently signed an agreement to purchase CBD distributor RVD Wellness, named professional wrestler Rob Van Dam as its new board chairman.
The Las Vegas-based cannabis and hemp company is focused on international expansion via acquisitions of properties, assets, product lines and licenses.
Van Dam (pictured), who goes by the acronym/nickname RVD, has worked at a number of wrestling promotions including WWE and TNA, now Impact Wrestling.
For many years as a professional wrestler, Van Dam openly expressed his appreciation for cannabis, supporting the community and spreading the word about the medical benefits the plant brings. What’s more, Van Dam has creatively used slogans for his wrestling character, such as “RVD 420.
Gov. Jared Polis signed a landmark bill affecting the cannabis industry on June 29 in front of Simply Pure in Denver. The dispensary was the first in the nation owned by a Black couple.
HB20-1424 creates a new social equity license that is intended to boost minority participation in the cannabis industry. The program goes into effect Jan. 1.
The bill also authorizes the governor to pardon individuals for possession of up to 2 ounces of marijuana â the current legal limit for medical patients â removing a barrier to ownership of marijuana businesses.
âThis month, across our whole state and our whole society, weâve had a long-overdue and renewed conversation about race, about racial inequalities ⦠and cannabis is no different than anything else,â Polis said at the bill signing. âThe majority of those in prison for cannabis-related crimes are people of color, while the majority of people that are making money legally on cannabis are white.â
Program aims to create social equity in cannabis industry csbj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from csbj.com Daily Mail and Mail on Sunday newspapers.