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It hasn't rocketed since the scam IPO.
It's not old geezers, it's 'publicans.
There are plenty of Dems of all ages who want it legalized.
9/21/23
Rep. Jerrold Nadler (D-NY), ranking member of the House Judiciary Committee, refiled the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act on Wednesday. There are 33 initial cosponsors—all Democrats.
The comprehensive legalization legislation has passed the House twice in recent sessions—but this marks the first time it’s being introduced with Republicans in control of the chamber, raising serious questions about whether it will move. The Judiciary Committee, which is the primary panel of jurisdiction, is chaired by anti-cannabis Rep. Jim Jordan (R-OH).
Even the prospects of a modest marijuana banking bill that’s set for committee action in the Senate next week are uncertain in the House under the GOP majority.
https://wp.me/p9eB34-ldg
9/21/23
Republican senators, including the lead GOP sponsor of a bipartisan marijuana banking bill, will soon be introducing new legislation to prevent marijuana from being federally legalized by the Food and Drug Administration (FDA) without congressional approval.
The yet-to-be-released bill is being led by Sens. Cynthia Lummis (R-WY) and Steve Daines (R-MT), who is also sponsoring the newly revised Secure and Fair Enforcement Regulation (SAFER) Act that’s set for a Senate Banking Committee markup next week.
The offices of both Lummis and Daines sent out press releases on Wednesday and Thursday emphasizing that the senators do “not support making cannabis legal federally.”
“In the coming days Lummis and Daines will be introducing legislation to ensure marijuana cannot be legalized federally by the FDA without Congressional approval,” it says.
Lummis’s announcement also includes an additional line stating that they “both oppose the legalization of marijuana and believe it is an issue that should be decided at the state level.”
This comes a week after 14 House and Senate Republicans sent a letter to the head of the Drug Enforcement Administration (DEA), imploring the agency to “reject” a recent marijuana rescheduling recommendation from the U.S. Department of Health and Human Services (HHS) and keep cannabis in Schedule I of the Controlled Substances Act (CSA). Neither Daines nor Lummis were listed as signatories on that letter, however.
https://wp.me/p9eB34-ljY
Is that what you call being on a tear?
OGI is down 25% from its high a week ago.
It was a bubble full of hot air. Just like what happened at Akanda the beginning of the month.
AKAN is now down 43% from 11 days ago when it hit $1.05 - suspiciously just enough to keep it on Nasdaq a while longer.
Then it nosedived like it always does.
IMO it's being manipulated - just like its shareholders are.
SING IT JOHNNY!
And another 52 week low.
Anyone starting to believe me yet that this is just another Halo scam racing toward insolvency?
Glad I didn't buy OGI - racing downhill again.
whoever bt AKAN at mega prices are getting flushed down the toilet too.
Aren't you in Canada? Your writing is often difficult to understand.
millions were sld after hrs yesterday between .80 and a $!!!!!!!!!
Does after-hours trading count?
Typically, price changes in the after-hours market have the same effect on a stock that changes in the regular market do: A $1 increase in the after-hours market is the same as a $1 increase in the regular market.
40s on the horizon--and they will only lead to 30s--------millions were sld after hrs yesterday between .80 and a $!!!!!!!!!--- buyers there must be feeling the pain-----im out and got .70s for the lot at open yesterday ---wont look back on this chow provider the last few months--even a scam can feed you if you play it right-i do feel like the jig is up now for these crooks----------now watch it jump to a $ with that said---on to greener pastures-------tmonkey
Those aren't 🦞, they're sea monkeys.
WHEN? NOT LATELY!
WHAT ARE YOU SMOKING?
Last time it hit 70¢ was 7/20.
AKAN new 52 week low
Did you know Akanda had liquidated its Lesotho assets?
I thought it was still bogged down in court.
If they never PR'd it, that's a failure to disclose material information. But when did Halo or its subsidiary ever care about laws or investors?
I'm still waiting for SCAM 1 to distribute shares of SCAM 2.
Nov. 25, 2022
Akanda Pulls Out Of Lesotho Amid Ongoing Legal Battle, Bruce Linton Joins SynBiotic, & Ananda Completes Acquisition
The NASDAQ-listed international medical cannabis operator announced last week that it will abandon its operations in Lesotho following a legal battle with a disgruntled former director.
In July, BusinessCann reported that Akanda’s wholly owned subsidiary in the Southern African country had been placed into liquidation by its former Executive Chairman Louisa Mojela and the Mophuti Matsoso Development Trust (MMD Trust), which she founded.
Ms Mojela was one of the six board members who were thrown out of the company on June 23 following a coup from ‘concerned shareholders’ who held a collective 54% stake in the company.
In what Akanda has described as an act of ‘retaliation’, Ms Mojela filed the ‘unauthorised’ application ‘without Akanda’s prior authorisation, knowledge or consent’ with the Lesotho High Court to place the company into liquidation.
At the time, Akanda said it would ‘pursue all of its available legal rights’ to reverse the liquidation, and seek to recover ‘significant loans it has made to Bophelo’ to fund its business plan, following its acquisition last year.
On November 16, however, the company said that ‘after careful consideration’ it has made the decision to ‘cease involvement in Bophelo’s Lesotho operations’.
Instead of continuing the legal battle, Akanda has apparently chosen to cut its losses and ‘assert its rights as a creditor’ of Bophelo.
Despite this, the company maintains its position that Ms Mojela acted ‘unilaterally for her own interest, without warning or notice, in breach of contract, fiduciary duty, and in a manner that was likely to bring the Company or Group Companies into disrepute’.
Ms Mojela has also launched legal action against Akanda, alleging wrongful termination of her service agreement. Akanda says it intends to ‘vigorously defend’ its position and seek compensation from Ms Mojela.
Akanda’s CEO Tej Virk said that despite the loss of one of Akanda’s key facilities, his company is continuing on its path to ‘operational profitability’.
“The Company has been forced into a position to exit Lesotho due to the unauthorised liquidation of Bophelo,” he added.
“However, having a presence in Africa was always about building for the long term and making a social impact on Lesotho’s communities. Fortuitously, we have seen higher demand from German buyers for products produced in Portugal over Lesotho due to quality and evolving EU cannabis import regulations. As such, Akanda is proving that it can more than offset this African cultivation operation with its Portuguese operation to meet German demand.”
https://businessofcannabis.com/?p=8794/quote]
Won't matter, it's as futile as trying to sweep the ocean.
There NEEDS to be an investigation - Halo too.
Back to pinkyland soon. 👏
Say goodbye to Nasdaq.
AKAN new 52 week low
Cograts - you made 7¢ per share today.
You'd have to own a lot to buy a tofu burger (although they should be paying people to eat them).
'gram is way down from July - I hope you got in under $1.85.
Maybe in 114 days you & your family can share a disgusting Tofurky. 😋
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