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The Best News of Last Year
1. Belgium approves four-day week and gives employees the right to ignore their bosses after work
Workers in Belgium will soon be able to choose a four-day week under a series of labour market reforms announced on Tuesday.
The reform package agreed by the country's multi-party coalition government will also give workers the right to turn off work devices and ignore work-related messages after hours without fear of reprisal.
"We have experienced two difficult years. With this agreement, we set a beacon for an economy that is more innovative, sustainable and digital. The aim is to be able to make people and businesses stronger," Belgian prime minister Alexander de Croo told a press conference announcing the reform package.
2. Spain makes it a crime for pro-lifers to harass people outside abortion clinics
Spain has criminalized the harassment or intimidation of women going for an abortion under new legislation approved on Wednesday by the Senate. The move, which involved changes to the penal code, means anti-abortion activists who try to convince women not to terminate their pregnancies could face up to a year behind bars.
3. House passes bill to federally decriminalize marijuana
The House has voted with a slim bipartisan majority to federally decriminalize marijuana. The vote was 220 to 204.
The bill, sponsored by Democratic Rep. Jerry Nadler of New York, will prevent federal agencies from denying federal workers security clearances for cannabis use, and will allow the Veterans’ Administration to recommend medical marijuana to veterans living with posttraumatic stress disorder.
The bill also expunges the record of people convicted of non-violent cannabis offenses, which House Majority Leader Steny Hoyer said, “can haunt people of color and impact the trajectory of their lives and career indefinitely.”
4. France makes birth control free for all women under 25
The scheme, which could benefit three million women, covers the pill, IUDs, contraceptive patches and other methods composed of steroid hormones.
Contraception for minors was already free in France. Several European countries, including Belgium, Germany, the Netherlands and Norway, make contraception free for teens.
5. The 1st fully hydrogen-powered passenger train service is now running in Germany. The only emissions are steam & condensed water.
Five of the trains started running in August. Another nine will be added in the coming months to replace 15 diesel trains on the regional route. Alstom says the Coradia iLint has a range of 1,000 kilometers, meaning that it can run all day on the line using a single tank of hydrogen. A hydrogen filling station has been set up on the route between Cuxhaven, Bremerhaven, Bremervörde and Buxtehude.
6. Princeton will cover all tuition costs for most families making under $100,000 a year, after getting rid of student loans
In September, the New Jersey Ivy League school announced it would be expanding its financial aid program to offer free tuition, including room and board, for most families whose annual income is under $100,000 a year. Previously, the same benefit was offered to families making under $65,000 a year. This new income limit will take effect for all undergraduates starting in the fall of 2023.
Princeton was also the first school in the US to eliminate student loans from its financial aid packages.
7. Humpback whales no longer listed as endangered after major recovery
Humpback whales will be removed from Australia's threatened-species list, after the government's independent scientific panel on threatened species deemed the mammals had made a major recovery. Humpback whales will no longer be considered an endangered or vulnerable species.
Climate change and fishing still pose threats to their long-term health.
Some other uplifting news from last year:
A Cancer Trial’s Unexpected Result: Remission in Every Patient
California 100 percent powered by renewables for first time
Israel formally bans LGBTQ conversion therapy
Tokyo Passes Law to Recognize Same-Sex Partnerships
First 100,000 KG Removed From the Great Pacific Garbage Patch
As we ring in the New Year let’s remember to focus on the good news. May this be a year of even more kindness and generosity. Wishing everyone a happy and healthy 2023!
Thank you for following and supporting this g this newsletter
Buy me a coffee ❤️
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ENTRY FIFTY-NINE
It's always interesting when someone asks me what it's like working in the cannabis industry.
The first thing I mention is being at the age of 41 and never thinking it would be possible back in the day. If I could go back in time and tell my younger self that someday I'd be selling legal weed, I probably wouldn't have believed it! I'm still adjusting to the legality somewhat, but it has been so exciting not only interviewing for cannabis jobs but working them as well.
The interviews are awesome because instead of hiding it and hoping they never find out, you get to talk to the employer about your passion for cannabis and cannabis products. I've been in the cannabis industry for 3 years. I've done multiple interviews for cannabis jobs and they're always fun and exciting.
Working the job has been an amazing experience for the most part. Most of the clientele is pretty chill but every now and then you get a Karen or two. It is still customer service and retail after all. However, knowing the medicinal patient successfully treated their pain and stress, knowing the recreational patient had a safe and fun-filled evening makes it beyond worth it.
Then there's this little part...
😱 Being middle-aged and going back to retail (yes it's medical but a dispensary is still like a store in the way that you have similar responsibilities like cleaning and making sales for example). 😱
My first career path was to become a forensic psychologist. Long story short, I got screwed over by student loans and couldn't continue my education beyond my Masters of Science in Psychology, which merely provided a foundation for the ultimate goal I was attempting to work toward.
Once I knew I was officially done, that there were no more classes, no way to afford to keep going in college, no way to achieve what I already worked so hard for, I wanted a job I'd enjoy to ease the sting of dead dreams and crippling debt.
I wanted a job that would be good for the mind, heart, and soul even if it wasn't good for the wallet. I'm just so done with working my ass off at jobs that make me miserable on a daily basis.
Can I enjoy at least one thing in life? Can I at least start to live MY life for ME a little bit?
My only other occupational interest besides forensic psychology was cannabis. I have been using cannabis medicinally to help with my ADHD and C-PTSD. I also use it to help with redecoration, art projects, lots of other things aside from medical treatment. I thought, "I can still help other people, just in a different way now."
So that's why I am a middle-aged woman working in retail. My original plan didn't pan out and I wanted to do something I'd enjoy. We can't all be doctors, lawyers, famous actresses, or heirs to huge fortunes. Some of us are worker bees that need to find a job. And if I am going to be stuck working for the rest of my days, especially since my generation may not have anything to retire on, then I am going to need to be in a place that I don't dread for the sake of sanity.
And so, here we are! I'm a budtender. This is the career path I chose after the first one didn't work out. It's been quite an experience so far. Entering the industry, meeting all the characters in it, sampling different kinds of products, it's been fun! And currently, I am learning and sharpening my skills as a purchasing manager to my favorite dispensary in town of all places!
However, I have complaints. Two of them.
Complaint One:
We all want to hire the right people. We all want to bring on people that will be honest, reliable, and who will take the job seriously. Totally get that. BUT that won't be achieved through making the industry impossible to get into. It took me over a year to get my foot in the door! It is a little disappointing if the person doesn't have experience but how are they supposed to gain experience if no one gives them a chance to do so? Be willing to train! You might be turning away a great potential employee for a completely fixable reason!
Complaint Two:
I wish when legalization hit that the hippies had the money to invest. This is cannabis, weed, ganja, tree, Mary Jane! This should be a hippie industry with good vibes but it's not. Who did get to invest? Fucking car salesmen that made the cannabis industry horribly competitive and cut-throat.
My POV: I don't see other budtenders and dispensaries as competition. I see us all as cannabis enthusiasts trying to get the people some damn good weed. There's no place here for spitefulness and making moves against one another to cost people their jobs or companies.
On another note, talk to some women working in the cannabis industry about the ample amounts of sexual harassment they've dealt with and we can take this little convo into a whole new direction! There just shouldn't be any place in the cannabis industry for that type of stuff, but there is unfortunately.
That's pretty much the industry in its entirety and I hope it changes someday.
More thoughts later.
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Green Cash: Cannabis Dispensary Payment Options and Banking Challenges
The cannabis industry is rapidly expanding, but it still grapples with significant challenges related to banking and payment processing. In this article, we will explore the payment options available to cannabis dispensaries and the ongoing banking challenges they face, which stem from the complex legal and regulatory landscape surrounding cannabis.
**1. Limited Payment Options: Cash Dominates
Cash transactions are the dominant payment method in the cannabis industry. This reliance on cash stems from the reluctance of traditional banks to work with resin dispensary deals businesses due to the federal illegality of cannabis in many countries.
**2. Banking Challenges: The Federal-State Conflict
The biggest banking challenge for cannabis dispensaries is the disconnect between state and federal regulations. While many states have legalized cannabis for medical or recreational use, it remains illegal at the federal level. This contradiction creates a risk for banks that fear federal prosecution or penalties for facilitating cannabis transactions.
**3. The Cole Memo: Shifting Federal Priorities
The Cole Memo, issued during the Obama administration, provided some guidance to banks on working with cannabis businesses, as long as they adhered to strict compliance measures. However, the memo was rescinded by the Trump administration, leading to even more uncertainty for banks.
**4. Cannabis Banking Legislation: Mixed Progress
Several legislative efforts have aimed to address the banking challenges faced by the cannabis industry. The SAFE Banking Act (Secure and Fair Enforcement Banking Act) is one notable example. This bill seeks to provide legal protections for banks working with cannabis businesses. While it has passed the U.S. House of Representatives, it faces an uncertain future in the Senate.
**5. Cash Management: Risks and Costs
Handling large amounts of cash presents various risks and costs for cannabis dispensaries:
Security Risks: Cash-intensive businesses are vulnerable to theft, making security a top concern.
Operational Costs: Counting, transporting, and storing cash incur operational expenses.
Limited Financial Services: Without access to traditional banking services, dispensaries may struggle to manage payroll, pay bills, or secure loans.
**6. Cryptocurrency and Alternative Payments: A Ray of Hope
Some cannabis dispensaries have explored alternative payment methods to mitigate their reliance on cash:
Cryptocurrency: Certain cryptocurrencies, like Bitcoin, have been used for cannabis transactions. They offer a degree of anonymity and security.
Payment Apps: Some payment apps and platforms cater to the cannabis industry by facilitating electronic transactions.
ATMs: Dispensaries may install ATMs on-site to provide customers with a convenient way to withdraw cash for purchases.
**7. Cashless Payment Solutions: Emerging Innovations
In response to the industry's banking challenges, innovative cashless payment solutions have emerged:
Closed-Loop Payment Systems: Some companies offer closed-loop payment systems that allow customers to purchase a prepaid card or digital voucher, which can then be used for cannabis purchases.
Blockchain-Based Solutions: Blockchain technology is being explored to create transparent and secure payment solutions for the cannabis industry.
Dispensary Loyalty Programs: Some dispensaries offer loyalty programs where customers can earn rewards or discounts through cashless transactions.
**8. Dispensary and Customer Impact: A User Experience Perspective
The reliance on cash impacts both dispensaries and customers:
Dispensaries: Managing cash is labor-intensive and poses security risks. Limited access to financial services can hinder business growth and development.
Customers: Cash transactions can be inconvenient and less secure for customers, who may prefer electronic payment methods.
**9. The Road Ahead: Advocacy and Reform
The cannabis industry continues to advocate for banking reform and federal legalization to address the challenges associated with payment processing and banking. Until a comprehensive solution is achieved, dispensaries and financial institutions will need to navigate a complex and uncertain landscape.
**10. Conclusion: A Cash-Heavy Balancing Act
Cannabis dispensaries face unique payment and banking challenges driven by the federal-state conflict over cannabis legality. While alternative payment methods and cashless solutions are emerging, the industry continues to grapple with the limitations of a predominantly cash-based system. Advocacy and legislative efforts may eventually bring about the reforms needed to provide dispensaries and customers with safer and more efficient payment options. Until then, the cannabis industry remains in a cash-heavy balancing act.
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Navigating Michigan Cannabis Debt Collection Laws
With the legalization of cannabis for both medicinal and recreational purposes in many states, including Michigan, the cannabis industry has experienced significant growth. However, like any business sector, the cannabis industry faces challenges, including managing debt and ensuring timely customer payments. In this blog post, we will explore the intricacies of cannabis debt collection in Michigan and shed light on the role of Michigan collection agencies in this context.
Understanding Cannabis Debt Collection in Michigan
Legal Landscape: Michigan's cannabis industry is regulated by the Michigan Regulation and Taxation of Marihuana Act (MRTMA). This act allows adults aged 21 and above to possess and consume marijuana recreationally. Additionally, the Michigan Medical Marihuana Act (MMMA) governs the use of cannabis for medical purposes. It is crucial for businesses operating in this industry to understand the legal framework surrounding debt collection to ensure compliance.
Cannabis Debt Types: Cannabis businesses may encounter different types of debt, including unpaid invoices, loans, and lease agreements. Regardless of the debt type, it is essential to establish clear payment terms and documentation to facilitate smooth debt collection processes.
Compliance with State and Federal Laws: Michigan collection agencies must adhere to state and federal laws when collecting cannabis-related debts. The Fair Debt Collection Practices Act (FDCPA) is a federal law that sets guidelines for fair debt collection practices, protecting consumers from harassment and unfair practices. Collection agencies must familiarize themselves with these laws to avoid legal consequences.
Role of Michigan Collection Agencies
Expertise in Cannabis Debt Collection: Michigan collection agencies that specialize in cannabis debt collection possess extensive knowledge and experience in navigating the unique challenges of the industry. They understand the complexities of the regulatory environment and can effectively handle the collection process while maintaining compliance with state and federal laws.
Communication and Mediation: Collection agencies are intermediaries between cannabis businesses and debtors. They communicate with debtors on behalf of the business, attempting to negotiate payment arrangements and finding mutually beneficial solutions. Their expertise in communication and mediation helps resolve disputes and improve the chances of debt recovery.
Legal Knowledge: Michigan collection agencies are well-versed in state-specific laws and regulations related to debt collection. They stay updated on any changes or amendments that may impact the collection process. By understanding the intricacies of Michigan's cannabis debt collection laws, collection agencies can effectively navigate potential legal obstacles and ensure compliance.
Protection against Legal Risks: Outsourcing debt collection to a Michigan collection agency can help protect cannabis businesses from legal risks. Collection agencies can handle potentially contentious situations, such as debtor disputes or legal actions, minimizing the burden on businesses and allowing them to focus on their core operations.
To Conclude
Debt collection in the cannabis industry can be complex, especially considering the specific regulations surrounding the business. Understanding the legal framework and compliance requirements is vital for cannabis businesses and collection agencies operating in Michigan. By engaging the services of a knowledgeable and reputable collection agency, cannabis businesses can improve their chances of recovering debts while ensuring compliance with state and federal laws.
Michigan collection agencies specializing in cannabis debt collection offer expertise, communication skills, legal knowledge, and protection against legal risks. These agencies play a crucial role in bridging the gap between cannabis businesses and debtors, helping navigate the industry's unique challenges and facilitating successful debt recovery.
As the cannabis industry evolves, staying informed about Michigan's cannabis debt collection laws and partnering with experienced collection agencies will remain essential for businesses looking to thrive in this growing market.
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MN cannabis bill debated on House floor (Newsletter: April 25, 2023) Tom Angell
USDA reports hemp decline; NC speaker: Medical marijuana decision soon; Pharmacists org backs drug decrim; Jersey cops fired for cannabis; CO loans Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Email address: Leave this field empty if you’re human: Your support makes…
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Jerry Garcia’s Grateful Dead cannabis brand is leaving California
Jerry Garcia is one of California's most iconic pot smokers. Born in San Francisco, Garcia led the Grateful Dead for 30 years as the city became an international beacon of the counterculture. He did it all while casually and openly smoking weed. His pot pipe is considered an artifact of California cannabis and thc Krt Carts history.
But even the iconic Jerry Garcia name couldn't survive California's turbulent legal pot market.
The Garcia Hand Picked brand, launched by the deceased musician's family in 2020, has pulled out of the state, a spokesperson confirmed to SFGATE. Garcia's exit comes as cannabis insiders predict a "mass extinction event" for California's pot and thc Lions Carts industry, with thousands of companies expected to go out of business this year.
Andrew DeAngelo, a cannabis consultant and former owner of Harborside, one of the state's pioneering medical cannabis dispensaries, said the Garcia brand probably learned the same thing that all of California's pot and thc Muha Meds Carts companies have realized: "You can't make any money in this market."
"Not only is Garcia leaving, a lot of people are leaving," DeAngelo told SFGATE. "It's a real shame that California is losing out. We're losing out on jobs and economic activity and other places are benefiting from that."
Like most celebrity brands, Garcia selected who to contract out its cannabis, growing and manufacturing to partner companies and then stamped Jerry Garcia's face on the packaging. The company said they are looking for a new cannabis or thc Orchid Vape supplier but declined to be interviewed for this story. It did not elaborate on how long the brand would be on hiatus in California. Garcia Hand Picked is still available in five other states.
"We're taking a pause in California. We want to ensure CA consumers have the highest quality flower for the long term, so we are in the process of choosing a new local partner for cultivation, production, sales and distribution of Garcia Hand Picked in CA," a spokesperson from Holistic Industries, the brand's parent company, said in an email to SFGATE.
California's cannabis and thc Pure One Carts industry has faced substantial economic hurdles in its first four years of legal sales. The state's complicated cannabis regulations and high taxes add costs to legal operators, while widespread illegal farms and retailers undercut legitimate companies. Limited access to banking means these companies pay exorbitant fees for simple banking services and have almost no access to loans. Federal law blocks pot companies from deducting most business taxes from their federal taxes, making pot businesses pay an effective federal tax rate as high as 80%.
These factors have made California a painful place to run a legal pot business. Most small legacy cannabis farms are on their way out of business, and even the country's most prominent cannabis/ vape companies such as Rove carts are leaving the state. 'This is very painful for them.'
Nearly a dozen states had legalized cannabis by the time Jerry Garcia's surviving family decided to start a pot brand built around the Grateful Dead front man, who died of a heart attack in 1995. But the Garcias chose to launch their brand in California, where Jerry was born, spearheaded an artistic movement, and died.
The Golden State featured prominently in that initial launch. An air-stream painted with swirling psychedelic colors crisscrossed the state in late 2020, announcing the new brand. Esquire profiled the family as they smoked a bong in Oakland and asked, "If Jerry Garcia were a kind of weed, what would the high feel like?" The family told Esquire they were planning on opening a Jerry Garcia-themed cannabis consumption lounge at a dispensary in San Francisco, which never materialized.
But there's now only one jar of Garcia Hand Picked available in San Francisco, according to Weedmaps, and there's no sign that any more will return to the Bay Area. DeAngelo, who said he did some early consulting work for Garcia Hand Picked but is no longer involved with the brand, saying leaving California was probably hard on the family.
"This was a hard decision for them, they love California," DeAngelo said. "They were born and bred here. This is very painful for them, I guarantee that."
Eli Melrod, the CEO and co-founder of the Soulful dispensary chain, which deal in thc Wonka Oil said the brand's exit from California was a sign of a struggle for even good cannabis brands to make money in the state.
"California is probably the most competitive cannabis market in the country, it is a market where there are a lot of brands fighting for shelf space," Melrod told SFGATE. "I think for some folks the margins and the challenges in California make it better for them to focus on other states."
The brand is still for sale in Colorado, Maryland, Michigan, Massachusetts, and Oregon. It offers a range of cannabis flowers, thc carts Big Chief Carts , pre-rolled joints, and colorful pot-infused gummies shaped like guitar picks. Its packaging features Jerry Garcia's face connected to swirling, psychedelic colors, akin to Milton Glasser's iconic 1966 poster of Bob Dylan.
Melrod said he usually doesn't sell celebrity brands at his stores because most celebrities have poor-quality products, but Garcia was different. He said they had good cannabis grown by some of the state's best outdoor cannabis growers, like Moon Made Farms and Sonoma Hills Farms.
"We start from a place of skepticism because we've seen a lot of celebrity brands launch in cannabis that are really just basically a celebrity name on a product that is marked up," Melrod told SFGATE. "We really appreciated the approach that the Garcia Hand Picked team took to sourcing. They worked with a lot of great legacy farmers in the Emerald Triangle."
The Garcia brand's departure also signifies that customers are tired of celebrity pot brands. There are so many famous people selling weed that even rock stars are noticing that it might not be an accessible business to invest. David Crosby told the Los Angeles Times last year that he wanted to start his pot brand but said, "Celebrity brands didn't turn out to work nearly as well as anyone thought they were gonna."Can we say Buddha Bear Carts ?
Indeed, Garcia Hand Picked isn't even the first Grateful Dead pot brand. Drummer Mickey Hart launched his pre-rolled joint brand called Mind your Head in 2019, although that brand also appears to be on hiatus. Its website is down, and a brand representative could be contacted for this story.
Garcia Hand Picked and Mind Your Head could return to the state, but Deadheads in California will have to get by without smoking any cannabis blessed by the legendary band.
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The Ultimate Guide to Finance Your Cannabis Business In the USA
The cannabis market is constantly expanding, with several states in the USA legalizing cannabis sales for both medical and recreational purposes. And the booming cannabis sector has created numerous chances for cannabis business financing loans. For more details visit https://www.royale.capital/post/the-ultimate-guide-to-finance-your-cannabis-business-in-the-usa
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How to Start a Home-Based CBD Business
Over the past few years, the CBD market has been seeing a lot of customers. CBS is also called Cannabidiol Oil. Actually, this compound is extracted from cannabis. CBD has a number of medical benefits to offer. It is good for patients with epilepsy, arthritis, back pain, cancers, and AIDS, just to name a few.
This industry collects around $3 billion each year, which is great news for suppliers and marketers. If you want to start a home-based CBD business, you may want to follow the tips given below.
Identify your Target Audience
If you want to start and run your business successfully, we suggest that you identify our target market. The demand for this product is huge all over the world. Since the product offers restorative properties and pain reducing elements, cancer patients have a great demand for it.
So, your first move is to identify the type of diseases that you want to offer your product for. For best CBD for pain in Dogs instance, if you are over 60 years old and have arthritis, we suggest that you target your product at people who have the same condition.
Moreover, you can publish articles and blog posts that can help people with CBD Oil with the help of CBD Oil. Make sure the titles of each blog post or article is catchy. Aside from articles, you may consider publishing short podcasts and videos. Make sure you post valuable content. You don't want to bore your readers with boring content.
Get Positive Reviews
Remember: if you want to know about one thing that can help you grow your business overnight, it's positive customer reviews. If you want to raise your sales, you want to attract as many customers as possible with the help of testimonials, reviews, referrals, and a few marketing techniques.
If you use this oil yourself, you can share your own experience with your customers. There are a lot of customers looking for pure CBD oil sellers online.
What you need to do is work on customer satisfaction. Make sure you get as many good reviews on your website as you can. Your product sales depend on your positive reviews. It's better to have a testimonial and review section on your site. You can invite your customers to leave reviews on this section.
Have a Solid Business Plan
Just like other home-based businesses, you need to make some investment in the beginning. Aside from this, you need to handle maintenance costs like branding, packaging, and shipping as well. You can get the money you need from a number of sources, such as your personal savings, small business loan or investors. All you need to do is get started and money will start pouring in. Therefore, we suggest that you have a solid investment plan in place. Next, you need to set a budget and get to work.
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💯 Best Cannabis Business Loan Program 😀 The ability to get a small business loan to grow the business can be difficult. 🏦 Traditional Banks and other lenders, in many cases, operate on and are subject to federal banking laws that make funding a Cannabis business impossible. 🎯 The good news, there are a few alternative business lenders and we offer unsecured business funding for real estate, inventory, marketing, growing, transportation, operations. 💸 Get Approved, Easy, Fast, and Simple. Call or WhatsApp 562-231-6945 or 👇 www.alityfunding.com/request-funding . . . . . #alityfunding #unsecuredbusinessloans #unsecuredbusinessloan #smallbusinessusa #restaurantbarowner #restaurantowners #invoicefinaning #Manufacturing #landscapingdesign #Wholesaler #Wholesalers #LiquorStoreowner #smallbusiness #smallbusinessowner #smallbusinessowners #cannabisfunding #cannabiscommunity #medicalcannabis #Truckingindustry #texasbusiness #merchantcashadvance #womenownedsmallbusiness #womentrepreneur #femaleentrepreneur #businessloans #businessowner #businessowners #growyourbusiness #workingcapital #dinero
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#senators#cannabis#marijuana#weed#pot#legalization#medical marijuana#mmj#medical cannabis#legalize#sba loan#sba loans
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FULL HOUSE TO VOTE ON BILL LEGALIZING CANNABIS While many politicians and civic leaders agree with legalization on a philosophical level, we have yet to see a clear, concise path to the decriminalization of cannabis. Until now. Today the Marijuana Opportunity Reinvestment and Expungement Act (or the “MORE Act”) will be voted on by the full House of Representatives. If passed, it would remove cannabis from the schedule of controlled substances, impose a federal tax on cannabis revenue, and expunge some prior convictions for low-level cannabis offenses.
Thirty six states and the District of Columbia have legalized medical marijuana over the last few years, and 19 states plus D.C. have decriminalized recreational marijuana use for adults.
In addition, legalization would help unlock the barrier between the cannabis industry and basic financing options like loans and capital raising on U.S. exchanges. This bill is expected to pass the house, but its fate in the Senate is unclear.
At Snapdragon Hemp, we are continuing to monitor this legislation (and many others like it), and will remain your trusted source for information in the ever-evolving cannabis market.
Source: Associated Press
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NanoCraft CBD: Better Health With CBD!
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REFERENCES:
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https://naturalhealth-support.blogspot.com/2021/10/could-nanocraft-cbd-finally-get-you.html
https://groups.google.com/g/natural-health-support/c/1CteJjHWr3k
https://docs.google.com/presentation/d/e/2PACX-1vTKUsFeDCqRU027_D3_sazjKmxv_r-EKOrvqbIjM1hUmm6X6dV6Ai07-IHNtZxq-YRkHEX8HVajIFQ9/pub?start=false&loop=false&delayms=3000
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Marijuana Stocks Green Thumb, Trulieve Report Big Profit Gains
U.S. cannabis producer Green Thumb Industries (GTBIF) reported second-quarter earnings after the close Wednesday that beat estimates, helped by sales growth in Illinois and Pennsylvania. Rival Trulieve (TCNNF) reported a big rise in earnings and sales early Thursday.
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Green Thumb stock, Trulieve and other U.S. marijuana stocks slipped Wednesday,.
The results for the companies will follow those of rival Curaleaf (CURLF) on Monday, and a bigger nationwide push toward cannabis legalization.
Green Thumb Earnings
Green Thumb swung to a profit of 10 cents per share, beating by 2 cents, from a year-ago loss of 6 cents a share. Sales rose 85.4% year-over-year to $221.9 million. That was above forecasts for $207.5 million.
The company said that it brought in sales from all 12 states where it operates. The company’s net income more than doubled to $23.3 million.
Adjusted operating EBITDA — or earnings before interest, taxes, depreciation and amortization — was $79.3 million for the second quarter. That figure excluded $5.7 million in non-cash stock-based compensation and $7.7 million in expenses related to acquisitions and other costs not related to operations.
Green Thumb said it had cash and cash equivalents of $359.2 million as of June 30. Total outstanding debt was $197.6 million.
Green Thumb is based in Chicago, and has benefited from cannabis sales growth in Illinois, its home market, and Pennsylvania. Recreational marijuana is legal in Illinois. Medical marijuana is legal in Pennsylvania. This week, Green Thumb said it was set to open its 62nd dispensary in the nation.
The company last month also acquired Dharma Pharmaceuticals, marking its first move into Virginia. In May, Green Thumb partnered with Cookies, a popular cannabis grower and dispensary chain, to open a Cookies store on the Las Vegas Strip. Green Thumb also recently expanded into Rhode Island.
Green Thumb raised $217 million in senior debt during the quarter, marijuana stocks analyst at Canaccord noted. And it has been expanding grow operations in New York and New Jersey to prepare for the start of recreational sales, Cowen analysts noted. Analysts there have called Green Thumb Industries stock its top pick.
Trulieve Earnings
Estimates: Wall Street expected Trulieve to earn 31 cents per share, a roughly fivefold increase from a year ago. Sales were expected to jump 74% year over year, and 8% from the prior quarter, to $210.2 million.
Results: Adjusted EBITDA grew 55% to $94.9 million, while net income jumped 116% to $40.9 million. Revenue rose 78% to $215.1 million.
Trulieve’s operations have focused on the medical cannabis market in Florida. The company drew virtually all of its sales from there as of March 31.
Trulieve, in recent weeks, said it had begun growing cannabis in West Virginia and opened its first store in Massachusetts. It also has a handful of pot shops and other operations in Pennsylvania, Connecticut and California. It also recently won a Georgia production licenses.
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Marijuana Stocks
Green Thumb stock, which trades in Canada and over the counter, finished 5% lower during the regular session in the stock market today. The stock’s relative strength line, which compares its performance to the S&P 500, has moved sideways over the past several months.
Among other U.S. marijuana stocks, Curaleaf lost 0.3%. Trulieve was down 2.8%. Shares of those names also trade over the counter and in Canada.
Those multistate operators’ fortunes have grown as more U.S. states legalize medical and adult recreational-use cannabis, even as federal prohibition limits access to banking and loans and keeps the industry from taking normal operating expense deductions.
Still, marijuana stocks analysts say that the large U.S. cannabis companies, disciplined by restrictions, have a clearer path to steady profitability than their Canadian counterparts.
Among Canadian marijuana stocks, Canopy Growth (CGC) fell 2.7% on Wednesday. Tilray (TLRY) was down 2.4%.
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Getting a Medical Marijuana Card - Essential Points to Bear In Mind
If you believe that you are a prospect for a program in your state, the only method to understand without a doubt is by being and also seeing a physician evaluated so that you can get your medical marijuana recommendation. You can not simply buy a card, or hold onto a physician's note as well as believe that you are protected. Every one of the states that have actually legalized clinical marijuana have produced medical cannabis cards to track clients who are utilizing this medicine legally. The only manner in which you are legally safeguarded is by holding a valid clinical cannabis card that has been provided by the state in which you stay, after your medical professional has seen you and recommended you for medicinal marijuana for your medical circumstance. Just how to acquire a Card is an essential step you need to adhere to below.
Top Five Things to Know About Medical Cannabis
There are some important things that you must be aware of with regards to clinical marijuana. To better assistance you be as prepared as feasible, here are the top five points to learn about it prior to you obtain your clinical cannabis card. 1. Medical cards are only issued in 15 states and also in DC - contact your state to discover if your own is on the listing. 2. You can't get a prescription for marijuana, only a card that uses you legal defense in your state and manages you access to marijuana dispensaries. 3. When utilizing this; the regulations are same with regards to alcohol usage, it's prohibited to drive or run equipment. 4. Obtaining a Medical Cannabis Card is only legitimate for a year after it has actually been issued, then it must be renewed. 5. Your medical cannabis card is just valid for the state in which it was provided, nothing else states, also if they have a medical marijuana program.
Checklist for Your Medical Cannabis Appointment
As soon as you have actually made a visit to be reviewed for a Medical suggestion by a physician, there are some things that you will certainly intend to make certain that you bring together with you. By doing this you are as best prepared as is feasible, and also you can guarantee that your consultation goes as efficiently as expected. See to it to take some notes on these crucial products that you must bring with you, prior to your visit. Likewise, if you are seeing a new medical professional, don't forget to bring along your case history so that they can examine it while examining you for a medical cannabis examination. Photo ID/Proof of Identification: Make certain that you bring any one of the following to your consultation to offer proof of your identification: legitimate and present state vehicle driver's license or current and also valid state ID card, existing army released ID card, ticket, and also evidence of residency (present energy costs, home loan declaration or bank statement, etc.). Case history: This consists of any recent clinical records that you have, any kind of prescriptions that you are presently using, any kind of test results including X-rays or blood job, and also info about your most existing physician. Type of Payment: Make sure that you bring a credit report or debit card with you or cash to pay for your consultation expenses. Other: If you are under the age of 18 to Get Medical Cannabis Card, you will certainly need to be come with by a parent or a legal guardian as well as or have evidence that you are liberated. If you believe that you are a prospect for a program in your state, the only method to recognize for sure is by being and also seeing a physician reviewed so that you can get your medical cannabis recommendation. All of the states that have legislated medical marijuana have actually created clinical cannabis cards to track people who are using this medicine lawfully. The only means that you are legitimately safeguarded is by holding a valid medical marijuana card that has actually been released by the state in which you reside, after your physician has seen you as well as recommended you for medical cannabis for your clinical situation. Once you have actually made a consultation to be examined for a Medical suggestion by a physician, there are some things that you will certainly desire to make sure that you bring along with you. If you are seeing a new physician, don't neglect to bring along your clinical history so that they can evaluate it while examining you for a medical cannabis analysis.
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Why would i vote for Joe Biden when he’s just Trump with a D by his name???
(Lol, it took me so long to write this response that @ofgeography ’s original post has been deleted, but I learned a lot and so could you!)
Here’s what Joe “Basically just Trump” Biden wants to do if he’s elected. It’s on his website, you can read about it!
• END THE MUSLIM TRAVEL BAN
• Stop stealing money from federal programs to fund a border wall
• END FAMILY SEPARATION of migrants at the border
• Create a path to citizenship for more undocumented immigrants
• Increase the number of visas available for survivors of domestic violence
• Expand labor protections for undocumented immigrants
• Spend $50 billion in the first year of his presidency to rebuild and repair crumbling infrastructure like bridges and highways
• Earmark funds to improve infrastructure specifically in marginalized communities
• Invest in research and technology to make electric vehicles more efficient and affordable
• Invest hundreds of billions of dollars in biofuels and other clean energy technology in order to reach net-zero emissions by 2050
• Invest in high-speed rail to reduce pollution and commute times
• Encourage energy efficiency and solar infrastructure among businesses and in residences using tax credits and targeted deductions
• Double federal investments in clean drinking water and infrastructure in communities like Flint, MI that have unsafe tap water
• Monitor water systems for lead and other pollutants so we can hold polluters accountable and protect drinking water
• Bring broadband internet access to the more than 20 million Americans that don’t have it
• Invest $100 billion in school infrastructure and technology
• Fund “anchor institutions” like hospitals, universities, and government offices in distressed communities
• Develop low-carbon manufacturing programs across the country that will provide good blue-collar jobs while lowering emissions
• Impose stronger penalties on union interference by corporations and executives
• Prevent corporations from illegally misclassifying employees as independent contractors by significantly increasing the number of labor enforcement investigators
• Protect the collective bargaining rights of all public sector workers
• Ban “right to work” laws that weaken unions
• Support the passage of the Fairness for Farmworkers Act and the Domestic Workers’ Bill of Rights so that agricultural and domestic workers have more protections and the ability to organize
• Allow independent contractors to organize and bargain collectively
• INCREASE THE FEDERAL MINIMUM WAGE TO $15, including farmworkers who don’t even make the current minimum
• Extend overtime pay to millions of workers
• Eliminate no-compete clauses so workers have the freedom to move to better jobs or negotiate better pay
• Reinstate OSHA requirements that companies report workplace injuries and increase the number of safety inspections at workplaces
• End mandatory arbitration clauses so that employees can sue their employer
• Introduce a constitutional amendment to get private money out of federal elections (that is, overturn Citizens United)
• Further restrict superPACs from coordinating with candidates and parties
• Prohibit dark money groups from anonymously spending millions of dollars on political issues
• Prohibit lobbyists from donating to the people and organizations they lobby
• Ban corporate PAC contributions to candidates
• Require that all candidates for federal office release 10 years of tax returns
• Require all elected officials to publicly disclose all meetings they take with lobbyists
• Prohibit all lobbying from foreign governments and their agents
• Guarantee 2 years of free community college for all students
• Invest $50 billion in workforce training, including apprenticeships
• Cut in half the payments on federal student loans, and forgive all loans after 20 years
• Simplify and expand loan forgiveness for public servants
• Crack down on predatory for-profit education programs
• Offer a PUBLIC OPTION for healthcare
• Make sure all Americans from pay no more than 8.5% of their income for health insurance
• Ban all surprise medical bills by preventing providers from charging out-of-market rates when the patient doesn’t have control over what doctors they see or when a doctor is out-of-network at an in-network hospital
• Allow Medicare to negotiate lower drug prices
• End the abusive over-pricing of prescription drugs
• End TAX BREAKS that pharma companies get on advertisements for their products (I had no idea this was a thing and it is disgusting)
• RESTORE FEDERAL FUNDING FOR PLANNED PARENTHOOD
• END THE ‘GLOBAL GAG RULE’ that bars the federal government from supporting any global health programs that contain information on abortion
• Implement nationwide the California policies that halved the maternal mortality rate there
• Double funding for community health centers
• RE-ENTER THE PARIS CLIMATE AGREEMENT
• Push for a worldwide ban on fossil fuel subsidies
• Establish equal rights under the law for all LGBTQ+ people
• Protect LGBTQ+ people from employment discrimination
• Reverse the military ban on trans people
• Protect the ability of LGBTQ+ people to adopt and foster children
• Prevent people from claiming religious freedom in order to discriminate against LGBT+ people
• Simplify the process for trans and nonbinary Americans to obtain IDs that match their gender identity
• Guarantee access to appropriate bathrooms, sports activities, and locker rooms for trans students
• Fund programs that reduce LGBTQ+ youth homeless and insecurity
• BAN CONVERSION THERAPY nationwide
• Invest $20 billion in programs to lower incarceration rates
• Eliminate mandatory minimums for non-violent crimes
• Eliminate all mandatory minimums at the federal level
• Make pre-K education available for all children
• Triple federal funding for low-income school districts
• Expand funding for mental health services
• Fund training in de-escalation tactics for police departments, and training for handling interactions with disabled and neurodiverse people
• DECRIMINALIZE THE USE OF CANNABIS and expunge the records of people with cannabis-use convictions
• End incarceration for drug use
• ELIMINATE THE DEATH PENALTY
• END THE CASH BAIL SYSTEM and stop jailing people for being too poor to pay court fees and fines
• End federal private prisons and the use of any privately-owned federal detention facility
• Work towards ensuring housing for all formerly incarcerated people when they rejoin society
• Fully fund educational opportunities and mental health programs in prisons
• Hold gun manufacturers civilly liable for gun violence
• Ban the manufacture and sale of assault weapons and high-capacity magazines
• Create a buy back program for assault weapons and mandate the registration of all remaining assault weapons in the country
• REQUIRE BACKGROUND CHECKS FOR ALL GUN SALES
• Prevent anyone convicted of a hate crime from buying a firearm
• Prevent anyone with an arrest warrant from buying a firearm
• Incentivize states to create gun licensing programs
• Make it a federal crime to buy a weapon for someone who couldn’t pass their own background check
• Invest more than $5 trillion across federal, state, local, and private-sector entities to fight climate change
• Reverse Trump’s regressive tax cuts
These are probably not your dream plans, but they are SO MUCH BETTER than what we have now.
If you can’t find anything on that list that you think is worth voting for, then I genuinely don’t believe you care more about people than you do about ideological purity, and that sucks.
#Joe Biden#Bernie Sanders#Whoever you wish you could vote for instead?#All of them are so much better than Trump it isn't comparable#Biden is running on what would be the most progressive platform of any general election nominee EVER#don't dismiss that just because he isn't Bernie
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