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She probably has more important responsibilities if you know what I mean, lolololol
Zen
Not even a bump after weed news!!
An active marketing director would be nice!! Sit and wait!! PVSP??
The good news re Germany legalizing weed should have a tremendous impact on pvsp/zen, lolololol
Has Riss ever?????
Zen
Germany legalises cannabis possession for personal use from April
German laws on cannabis use now among most liberal in Europe, but medical experts warn it ‘makes you stupid’.
22 Mar 2024
The German parliament has approved the partial legalisation of cannabis for personal use in a landmark vote that leaves the country with some of the most liberal laws on the substance in Europe.
Lawmakers in the Bundesrat, or the upper house, passed the long-debated bill on Friday, making it legal to obtain up to 25 grams (0.88 ounces) of the drug per day for personal use through regulated cannabis cultivation associations, as well as to have up to three plants at home, when the new rules come into effect on April 1.
The new law, which still prohibits possession and use of the drug for anyone under 18, will leave Germany with some of the most liberal cannabis laws in Europe.
Malta and Luxembourg legalised recreational use of the drug in 2021 and 2023, respectively. The Netherlands, known for its liberal cannabis laws, has been cracking down on sales to tourists and non-residents in recent years.
The cannabis law has been the subject of bitter wrangling within the coalition of Chancellor Olaf Scholz‘s Social Democrats, the Greens and the liberal Free Democratic Party (FDP). In their coalition agreement, the three parties had pledged to go further and allow cannabis to be sold in shops, a move slapped down by the European Union. They are now planning a second law to trial the drug’s sale in shops in certain regions.
In the run-up to the vote, Health Minister Karl Lauterbach, a member of the Social Democrats, called on members of parliament to back the controversial law, arguing that the country had seen a sharp rise in the number of young people using cannabis obtained on the black market.
Simone Borchardt of the opposition Christian Democratic Union (CDU) party, said the new law, fiercely opposed by medical associations, would only increase health risks for young people, accusing the three parties in Scholz’s coalition government of “making policy for their ideology and not for the country”.
The changes, which were passed by the Bundestag, or the lower house, last month, did not formally require Bundesrat approval. However members of the upper house could have called on a mediation committee and slowed down the process.
Cannabis
People meet for ‘World Stoner Day’, a demonstration for the immediate decriminalisation of cannabis, in Berlin, Germany, on April 20, 2023 [Nadja Wohlleben/Reuters]
Divisive
Proponents of the law, such as the German Cannabis Association, say black market cannabis can include sand, hairspray, talcum powder, spices or even glass and lead. Cannabis can also be contaminated with heroin or synthetic cannabinoids that are up to 100 times stronger than natural psychoactive cannabinoids, experts have said.
Steffen Geyer, director of Berlin’s Hemp Museum, expressed relief at the law, saying Germany had become “a little bit more free and tolerant”.
“This is the first step on the road to a rational and science-based drugs policy,” he said.
Health experts opposing the law warned that cannabis use among young people can affect the development of the central nervous system, leading to an increased risk of developing psychosis and schizophrenia. Sustained use has also been linked to respiratory diseases and testicular cancer.
“Chronic cannabis use makes you stupid, to put it bluntly, and can also cause psychosis,” Thomas Fischbach, president of a German federation of doctors for children and adolescents (BVKJ), told the Die Welt newspaper.
“Cannabis use among young people will increase because such substances are always passed on to younger people,” he said. “This could have serious consequences for young people’s physical and mental health.”
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The German public is divided on the new law: according to a YouGov poll published on Friday, 47 percent are in favour of the plans and 42 percent are against.
FDA says marijuana has a legitimate medicinal purpose
As a Schedule 1 drug, marijuana is currently in the same category as some of the hardest drugs, like heroin and LSD.
The FDA released a report saying that marijuana does have a legitimate use for medical purposes and recommended the US Drug Enforcement Agency to change its classification from Schedule 1 to Schedule 3. “The definition of a schedule 1 drug says it has no health benefits to it, and, so, obviously, there’s been plenty of research that has documented the multitudes of ways that cannabis can be helpful,” said Dr. David Berger with Wholistic ReLeaf.
Marijuana
By: Anthony HillPosted at 5:43 AM, Mar 21, 2024 and last updated 7:13 PM, Mar 21, 2024
TAMPA, Fla. — The FDA released a report saying that marijuana does have a legitimate use for medical purposes and recommended the US Drug Enforcement Agency change its classification from Schedule 1 to Schedule 3.
“The definition of a schedule 1 drug says it has no health benefits to it, and, so, obviously, there’s been plenty of research that has documented the multitudes of ways that cannabis can be helpful,” said Dr. David Berger with Wholistic ReLeaf.
Recent Stories from abcactionnews.com
Though not all in the medical community agree, many people swear by the medicinal effects of marijuana to help treat symptoms of cancer, anxiety, PTSD and epilepsy.
“It’s no longer appropriate to say that there’s no medical benefit when there are hundreds if not thousands of medical studies that show the opposite,” explained Dr. Berger.
As a Schedule 1 drug, marijuana is in the same category as some of the hardest drugs like heroin and LSD, which means it’s classified as being more dangerous than fentanyl and methamphetamine.
“What happens after this is the federal government has more decisions to make as to what they’re going to do next,” said Dr. Berger.
Seems Management doesn't either. lol
MMs don’t care about a stock, what you are seeing is trading and orders from broker/dealers, they are the dealers in the trading casinos.
Zen
MMs don’t care about a stock, what you are seeing is trading and orders from broker/dealers, they are the dealers in the trading casinos.
Zen
a real market maker would be selling a lot of products and at very high margins -
that should be an investors mm
That’s a flipper, imo, not a market maker…
CDEL just working a retail order, market makers rarely trade for themselves since that’s not a riskless trade, retail orders are…
CDEL MM did the same today, making market.
CDEL bought the 9m dumped at open today at BID of .0003, and then placed the 9M on the ASK for .0004, looking to make the spread profit.
Easy $900 for one trade.
That is what MM do, they make a market
They BUY at the Bid and SELL on the ASK, that is what you are seeing.
Very, very little actual trading going on.
1.750.000 sold at 0.0003 get on ask right away at 0.0004
Maybe we could ask the new Marketing director? 🤣🤣🤣
Seriously, what is up with that hire????????
Definitely more fun watching ants marching around.
Looks Like Another 1,000$ total trading Volume day...Where Is The Zen Management??
That's a good question. I don't believe they will want to go delinquent with filing, so at the least we see the Annual report this year. Spin off is up in the air.
Dang that is funny in a sad way.....
Where is the ZEN???
$PVSP
April/May of what year may I ask?
Lets see what happens in April / May. Maybe that ZEN dust will sprinkle over the long term shareholders.
Okay We Are Off to a Rocking Start Today,
Thanks Management!!!!!!!!!
Someone has paid 5$ to buy 3$ worth of Stock Today's Current Total.............. Seriously....
WHERE IS LEADERSHIP??????????
I find it hard to believe there are many people that even have .0003's...this has been an extreme test of patience...Management Needs To Step It Up!
Where is the ZEN???
Folks just aren't willing to unload 3's. Looks like 4's are the sweet spot
They are at Uzbekistan to finish the deal of buying the biggest cannabis farm of the world
With a swipe of a pen! 🤣
Congrats $PVSP shareholders!
I've put enough in...looks like we didn't have crazy volume after all. Weird...
Where is the ZEN???? GERMAN?? PAUL??
Sure. Just throw your bid out there. I think 3's will get dumped into bags sooner than later.
Anybody watching at the moment... I don't have level 2 anymore... but I see 102,762,727 shares to buy at .0003...
Are they gonna tank it for a little while....even more than they have already.... can any of us purchase those 0003's????
Wow
Where is the ZEN??
I Think The DEA is holding this up...I could be wrong...the Health Department Has Already Made Its Reports and Findings...
$PVSP. WHERE IS THE ZEN????
That's good for them....Meanwhile KRTL stock price is 21 Times More Valuable than $PVSP. Wow..I guess we have to root for them more than for ourselves...dang Riss. Get it together!
Very interested to see this valuation math, enlighten us!!???????
“Stock today is worth .02 just on current share structure!! “
Zen
That’s funny, conflating % points going and down as the same!!!!Really, geeeesh!!!!!
Zen
Schumer says. Schumer is just a wind bag, does anything that he says ever come to fruition?
+ 65% in One Hour, LOL. Now 80% Gain!!!
These Cannabis stocks can gain 100% in 2 minutes while it took 2 years to lose 80%!!!
Last run for PVSP was over 1400% gain!!
Stock today is worth .02 just on current share structure!!
It will Run Big Time just a matter of when, and you better have bought your ticket and not chase it!!!
Don't you just love a nice SHORT Squeeze, +46% LOL
Cannabis sector is ready for HUGE rebound. Schumer says expects Safe Banking approval by election!
MindMed’s stock jumps 24% after FDA grants breakthrough designation
MindMed’s stock jumps 24% after FDA grants breakthrough designation to LSD therapy for a form of anxiety
By Ciara LinnaneFollow
Biotech also issues new shares and reports positive data from Phase 2b trial
Mind Medicine Inc.’s stock jumped 24% early Thursday, after the biotech company said the Food and Drug Administration has granted breakthrough designation for its MM120 LSD-based treatment for generalized anxiety disorder.
Published: March 7, 2024 at 8:26 a.m. ET
LOL .. the paid pumper still uttering his BS in his plebian, reminded me when he pumped Millies in his official twitter account 🤣
People do not invest their money in a company that can survive and say: Bravo management that can survive and doesn't bankrupt us!! 🤣
If we don't make money, We don't care abut their survival! They are not our family to support them, who cares about them?
The fact is: they are liars, they are pumpers, they are in decline for 2 years, they don't make profits, they still convert for pennies to pay their electricity bill ..
And the icing on the top: they have Paul Riss!!
Enough to avoid until they show signs of life
Until then, we know it will continue the decline, while the paid pumper continues to pump his BS until 2025
I do see you stopped using Covid as an excuse, that was about as dopey as one can get. Happily Mr. Free Shares to Mr. No Shares simply doing his job towing the Co line with BS for his pal Riss.
Zen
Awe, my feelings are really hurt now. So, as usual skirting the issue coupled with dumb azz excuses. I think you should study up a bit and look at the ‘good’ pot stocks. As stated in my previous post, it’s competition stupid which has resulted in decreased flower prices as well as black market sales competition.
No one gives a chit about a small STAGNANT COs gross profit at $15mm/yr with no net profit. The CO will go nowhere re pps without consistent growth in revenues and a good NET PROFIT. Maybe you forgot how often you touted the merger screaming $19+mm in the first year which seems to be the real dumbazz posts. Only an idiot defends no revenue growth and no net profitability with cutting expenses. Every CO needs to cut expenses to stay alive and you think this is an amazing managerial accomplishment????!!!??
Try another dumbazz post with irrelevant stats per the previous posts or just answer; where is the revenue growth consistent with upgrading the facilities and increasing geographical sales locations?? Try harder to stay on topic rather than BS your way through it.
Zen
Board of Dopes, LOL
Seriously Mr. Free shares that has to be your dumbest post ever!
Do you even do any research, any at all? I didn't think so, just blab, blab, blab.
The Cannabis wholesale market has seen a price drop of over 50% in the past few years, and you are not happy that Artizen has been able to maintain revenues by cutting expenses, improving operations etc, etc.
They have done a great job in managing the business in difficult times of oversupply and declining prices.
Key Highlights
Gross Profit for the year ending November 30, 2023 totaled $4,890,763 on $15.8 million in revenues, compared to gross profits of $2,724,601 during the same period in 2022.
Gross Margins improved from 17% to 31%, a 182% increase. The improved gross margin reflects increases in production yields and gains in production efficiencies.
Revenues of $15.8 million equal 2022 revenues, achieved in a market that continues to battle over supply and price compression.
Operating Loss for the year ending November 30, 2023 totaled ($460,037), compared to an operating loss of $2,422,916 during the same period in 2022.
Cashflow for the year ending November 30, 2023 totaled $409,507, compared to negative cashflow of ($798,033) during the same period in 2022.
Income Tax liabilities increased due to a materially improved Gross Profit. Under 280e tax treatment, the Company is being taxed on Gross Profit as compared to non-cannabis businesses being taxed on Net Income.
“We continued to increase yields and margins in a market that is still challenged by oversupply and price compression.” said German Burtscher, Pervasip’s President and Chief Executive Officer.
Straight talk, DS. Sounds very reasonable, and the truth, for better or worse. The road ahead is still pretty long.
Now that’s funny, we should see a salary breakdown with the audit re execs.
This is basically the same Zen revenue back when merged with pvsp three years ago. I just think the competition, including black market, is overwhelming. They are still stuck within the confines of the original market area. Hopefully, without CDs, they can get the private funding and right execs needed to expand into other states. I also think they do not have the marketing personal necessary to make deals/JVs in other states; apparently, this guy German has no credibility outside of his own limited market. Hope I’m wrong but don’t think so, nor does the market thus far. Riss has a long history of dealing with would be amateur so called execs and with no credibility. We are traders and the proofs in da puddin!! We will wind up here waiting for another BS deal with pvsp, three of which have been really great to me.
Zen
Princella, must sample all available product, before deciding on what to focus on with Marketing. By the time she is ready to put a marketing strategy in place, she will have forgotten, what products she wanted to market, and start the testing phase all over again. What a hire!!! I sure hope her annual salary isn't in the 6 digit range
I am with you. Yea, kind of odd that we are not seeing revenue growth.
I believe you have missed the premise here. I’m not talking about gross/net profit and expenses. Despite upgrading facilities, leases, partnering with other growers and expanding operations the Co has been on a NO revenue growth trend for years now. Also, don’t think for a second that Zen will be debt free except from old pvsp debt/CDs. The Corp expenses now listed under pvsp will remain with Zen as a public entity re financial reporting, audits and reporting.
Cost of Goods Sold, Payroll Expenses and taxes, wipe out all revenue generated. What we have going for us post spin out of Artizen is a much leaner share structure with minimal debt. I don't expect much change in term of Net profit, JMO
This stat tells a lot...if pot market turns around...we have the numbers to turn the sp around...
Followers 858 Posters 2454
Don’t know what is going on, upgraded facilities, increased production/capacity and expanded operations = no revenue growth??????? Not adding up imo!!
Zen
I hate to think this, but They Might Be Getting Too High On their own Supply....Some Stoners are Focused and Motivated...Some...Not Most....
Some Just Enjoy where they Are for a long time...the MJ helps with that complacency.... Others have goals and make them happen...Successful musicians come to mind...Wish we could get some Artist Sponsors from Seattle Area.... Any Promo Campaign would be nice to see....although they are tight on money it seems....
WHEN ZEN COMING??
WE Shall Find Out!!
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