FOR IMMEDIATE RELEASE
PHOENIX, Jan. 9, 2012 -- Altitude Organic Corporation (ERBB:OTC:Pink) is pleased to announce that U.S. District Judge Susan R. Bolton has thrown out the lawsuit that has currently been blocking the Arizona medical marijuana dispensary program from proceeding. Judge Bolton made a number of comments upon dismissing the case including a comment referencing the plaintiff's complete absence of any evidence that in 16 other medical marijuana states no state employee has ever been targeted by the federal government for implementing any, "state medical marijuana licensing scheme."
The court filing may be viewed in its entirety here:
Judge Bolton's legal position is aligned entirely with the position taken by the ACLU regarding the Arizona medical marijuana law. Ezekiel Edwards, director of the ACLU Criminal Law Reform Project, released a statement upon hearing the case verdict. He said, "It is unconscionable for Governor Brewer to continue to force very sick people to needlessly suffer by stripping them of the legal avenue through which to obtain their vital medicine. Today's ruling underscores the need for state officials to stop playing politics and implement the law previously approved by a majority of Arizona voters so that thousands of patients can access the medicine their doctors believe is most effective for them."
Altitude Organic Corp president Brian Cook stated, "We are elated to see Judge Bolton's ruling and always believed that this would be the ultimate legal outcome of the baseless lawsuit brought by Governor Brewer.
The governor has not yet indicated her intent to further contest Judge Bolton's decision and has 30 to 45 days from January 4th to do so under a new legal pretense, but we hope she will begin to understand that Arizona needs to legally regulate medical marijuana instead of allowing the caregiver 'free for all' that has proceeded despite the federal lawsuit. The Arizona budget is in desperate financial straits and needs to collect the taxes that will be generated from regulated dispensaries. I believe that once Governor Brewer proceeds with voter-approved initiative, doing so will begin to help patients obtain their medicine safely, while providing a significant and desperately needed economic boost which should be positively felt by Arizonans throughout the state."
Brian Cook adds, "The delay in the dispensary program has seeded thousands of unregulated home grows around the state over the last 6 months and we prefer that the more transparent and more regulated dispensaries – already approved by voters - begin to open. Millions of investment dollars will poor into Arizona and thousands of jobs will once Governor Jan Brewer steps back and allows the regulated system to proceed."
ABOUT ALTITUDE ORGANIC CORPORATION
Altitude Organic Corporation provides independently-owned retail dispensaries in Colorado , California , and Arizona business support services, while also acting as a one-stop-shop for entrepreneurs looking to enter the burgeoning, multi-billion dollar industry of legal cannabis. Altitude Organic Corporation has launched its new management company strategy in Arizona. The company can manage, staff, consult, and provide uniquely branded products and concepts to medical marijuana dispensaries using a limited liability agreement. The company also sells horticulture equipment via its partnership in Sundance Hydroponics (http://www.sundancehydroponics.com/). Visit http://www.altitudeorganicmedicine.com/ today.
The Company's 8-year-old division, Tranzbyte, has become actively engaged in the sale of its optical media enhancement products to potential customers in the US and Asia. Products in the Tranzbyte division include FLASHAlbum™ and FLIXSTIX™ -- a technology that enables distributors of optical media (CDs, DVDs, etc.) to consolidate the best features of each medium onto a single content-protected USB flash drive.
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.
Company and Contact:
Brian Cook, President
Altitude Organic Corporation
14220 N. Northsight Blvd., Suite 139
Scottsdale, Arizona 85260
480-443-1600
SOURCE Altitude Organic Corporation
