New York  +1 212-623-4300  Lauderdale +1 754-301-8900

Mon-Fri, 8AM - 6 PM EST

 
 
 

New York  +1 212-623-4300  Lauderdale +1 754-301-8900

Mon-Fri, 8AM - 6 PM EST

 
 
 

Native America 101

NAVF-Pharma’s understanding of Sovereign laws, regarding Federally Recognized Native American Tribes provides a significant competitive advantage in both revenues and market entry.

NAVF-PHARMA Tribal Cannabis Corporation – Core Advantages

North American Indians are recognized as having strong business advantages. These advantages are particularly marked in relation to government and private sector contracting, and there are many shrewd planning options available. Native American businesses, tribal member-owned enterprises, and minority companies are in demand. All government contracts and most private corporations require a percentage (anywhere from 20% to 40%) of their vendor dollars to go to minority enterprises.

Outlied in Indian Reorganization Act (“IRA”) of 1934 is Section 17 Corporation that gives Tribes the power to create federally chartered corporations in order to facilitate business transactions and fosters tribal economic development. Unlike the traditional business corporations, Section 17 corporations and “Like Tribal Corporations” are endowed with certain privileges. It is NAVF-Pharma’s understanding of Sovereign laws, with regard to Federally Recognized Native American Tribes which will provide a significant competitive advantage in both revenues and market entry.