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Great article PA Governor push to Legalize Cannabis
Pennsylvania Governor Says Lawmakers ‘Don’t Even Have A Choice’ But To Legalize Marijuana As Other States Move Ahead
Published 19 hours ago on February 12, 2024By Kyle Jaeger
Pennsylvania’s governor says he thinks officials in the state “don’t even have a choice anymore” on legalizing marijuana, and he feels there’s bipartisan momentum that lawmakers should leverage to get the job done.
With neighboring states such as Ohio enacting legalization in recent years, Pennsylvania Gov. Josh Shapiro (D) said last week that “this really comes down to an issue now of competitiveness,” as the state is currently “losing out on 250 million bucks a year in revenue that could go to anything from economic development, education, you name it.”
“The reality is, as long as we have safeguards in place to make sure our children aren’t getting their hands on it—it’s just like, we don’t want our kids out drinking, right?” he said. “And a lot of that is going to be a burden on parents and schools and others to make sure we educate on that. Then I think this is something we’ve got to compete on.”
States That Legalized Marijuana See Massive Reduction in Tobacco Use
“I actually think we don’t even have a choice anymore given the way in which this is moving so quickly across our region and across the country,” Shapiro told WILK News Radio, adding that he’s personally “evolved on” the issue and wants a legal cannabis market “focused on lifting up Pennsylvania businesses in the process—not these big national conglomerates—and we’re empowering people in local communities to it that I think some good can come from it.”
The governor made the comments days after unveiling a budget proposal that calls for marijuana legalization to be enacted this year, with sales beginning as early as next January.
Cannabis reform has stalled in the Pennsylvania legislature over recent sessions, but Shapiro said he sees a path forward this year.
“You’ve got some of the legislature who just—you know, it cracks me up they’re like kneejerk against everything I’m for, but that’s like their politics,” he said. “But I think what you’re beginning to see is, from the thoughtful folks out there, some bipartisan support emerged and you’ve got Democrats and Republicans sponsoring bills to legalize it.”
“It’s obviously wildly popular across the country and certainly in polling regionally and in the states. So if someone’s going to be against it, I think they’re going to have to justify that to their constituents as well,” he said. “There does seem to be an emerging bipartisan consensus that we’ve got to compete on this issue, and we’ll see if we can get it done. We’re going to work hard.”
In a separate interview with KDKA News Radio that the governor’s office also promoted last week, Shapiro noted that his office estimates that Pennsylvania could bring in $250 million in tax revenue annually from cannabis sales.
“The reality is we are leaving all that money on the table. We are falling behind other states,” he said. “I think it’s another story of us not being as competitive as we need to be, and I think its time has come.”
“It’s time to shut down the black market. It’s time to take the strain off of cops. It’s time to be competitive. And this is a way to do that,” the governor said. “We can’t let Ohio and the other states around us keep eating our lunch on this or any other issue. As I’ve said many times, I’m competitive as hell and this is one of those areas. We’ve got to compete it.”
A staffer in Shapiro’s office similarly remarked on the need to legalize marijuana after Ohio voters approved the reform at the ballot last November.
Also last week, Pennsylvania lawmakers convened another hearing on marijuana legalization issues—focusing on the industry perspective, with multiple stakeholders from cannabis growing, dispensing and testing businesses, as well as clinical registrants, testifying.
“From the outset, my personal goals for adult-use has been to put health and safety of our constituents first and to allow for equitable and meaningful opportunities, particularly for those harmed by the war on drugs,” Rep. Dan Frankel (D), chair of the full Health Committee who previously sponsored cannabis legalization legislation, said at the beginning of last week’s hearing
They Have Most of the cheap shares Already....them and a few new buyers recently....management needs to deliver to get this moving out of the trips....
Damn, sorry again. Low trips with volume are simply a day traders delight.
Zen
There you go with Elite Pharmaceutical sign-off again...
That "Day Traders" chart looks good...appreciate the share...
I’ll spare you re this BS post and just say that no one can ‘jettison’ debt. Secondly, restructuring is certainly not engineering in any way, shape or form. Condescending BS speak.
Eltp
NITE on BID for 38 Million, 10k on ASK, LOL
MM are trying to get more cheap shares, BID is stacking with 103 Million, ASK only 5 Million
CDEL on BID for 32 Million, on ASK 5 Million
GTSM on BID for 18 Million, on ASK 1 Million
ETRF on BID for 16 Million, on ASK 85K
INTL on BID for 25 Million, on ASK 10k
Jettison over 80% of Debt, with No Dilution!!!!
This restructuring demonstrates Pervasip's commitment to strengthening its financial position and streamlining
operations. It plans to jettison over 80% of its debt by engineering a spinoff into a new cannabis-focused entity,
without diluting the public shareholders. The current management team is giving up ownership interest in the
spinout pubco to create more value for the public shareholder and reduce debt-to-equity ratios, thereby
fortifying its balance sheet and improving overall financial health.
2023 audit to be done soon
auditors are closing in
to be announced soon
Here's a nice little update on PVSP. https://privateequitymarkets.us/pervasip-corp-otcpvsp
Eager to watch how everything develops. They have staying power and they are seasoned commercial growers.
But for today, I have to watch for how many times Taylor Swift appears in the Super Bowl broadcast.
No worries. Doesn't matter for me, as I am not day trading this anyway. Just holding into spin off and see where we end up when the smoke clears.
Sorry about that, pvsp!!
Nope, when Eltp is trending in either direction use the charts and especially a 5/13 day chart and watch the RSI, super sensitive at 70. This is day trader territory with an easy 20-25% return.
You throw the dice and live or die with the outcome...
Patience is a strategy...
Hope is not.
Excellent, 2023 financials should not be to far behind with being posted.
PVSP “audited” financials for 2021/2022 are now posted on OTCMarkets.
https://www.otcmarkets.com/otcapi/company/financial-report/392087/content
Throw charts out the window here, lol
DON'T Forget...We Didn't Win the Dockside Cup Last Year....But We Did The Year Before!!!
Looking Forward to The Competition This Year and Hopefully Taking Home the First Place Prize!!!
Let's Rock! ZEN COMING!
$PVSP
The Volume Recently Has Been Good To See.... ZEN May Be Coming....
Let's Rock! 🤘
$PVSP
Will be a good day
Nice early action. Getting close it seems…
All of us trading pennyland and higher have experienced the tragic affects of a RS due to mismanagement, bankruptcies caused by lawsuits, loss of major contracts, etc. None are good for shareholders.
Eltp
Nyuck! Nyuck! Nyuck! Wiseguy eh?
Doesn't work that way. If you buy on the record date, you own on the record date. THE END.
I did this with dividends and spinoffs many times.
Are you saying they didn’t give you 100 one dollar bills for your 100 dollar bill? You need the advice of BJ to explain why got 10 one dollar bills for your 1000 one dollar bills. lol
Zen
I don't know why an RS should even be allowed legally! I have had many stocks RSed to one single stock and less than a penny! Rendered absolutely worthless. It is sickening. There should be at the least a limit on the number of times it can be RSed.
My sentiment exactly 🤣😂🤣
POLITICSBiden Administration Official Disputes Rumors Of Imminent Marijuana Scheduling Decision Amid Heightened Speculation
https://www.marijuanamoment.net/biden-administration-official-disputes-rumors-of-imminent-marijuana-scheduling-decision-amid-heightened-speculation/
Oldrogue.
You have a thick skin
You and the moderator who deleted my reply to you, he's just an idiot
Just to provoke him to either suspend my account, or stop acting like a child Alpha!
All good here
lol, live and learn!!
Zen$$$$
LOL .. for both of you
BS (for Biece of Shit) is in full control of PVSP
You needed a lot of avg down to get to trip 6 buying in 22’. You seem to have decided to ignore the point of the misinformation in your post re no pvsp runs. It would be wise to study a Cos tech data before reading posts, maybe view a chart just for kicks.
At least I don't lose my pen .. like you! 😛
At least I don't mention "Mileys" in my tweets, as I'm raises in the back alleys of the church basemen .. like you 🤣
At least i don't pump the stock of the year .. 50 cents by end of year .. like you 🤣
At least I don't say conversion is complete 50 times ... like you 🤪
Countless lies .. no worry to put my word against you .. Paul Riss!
BTW, how come Paul Riss tweeted "no RS" , just 15 minutes after I said R/S is inevitable? 🤣
Mark my post, RS is within a couple of months, and I'll laugh a lot, but you have thick skin and will not be embarrassed 😜
That Shaker clown is completely clueless. He’s been a basher for years. I remember him when this ran up over a penny a few years ago. Riss isn’t even part of it anymore. Dude is a 🤡
RISS IS NOT IN CONTRTOL OF PVSP TWITTER, OR PVSP AT ALL
Your Word, LOL, LOL, LOL, LOL, LOL
Now that was funny, needed a good laugh!!!
LOL .. The paid pumper is trying a typical FOMO post!
Pathetic! 🤣
You can't Buy on Record Date and get Artizen shares!
Don't think you can just wait until the Record Date to Buy. If you do you will not receive the Artizen Shares distribution.
To be eligible for the Artizen Distribution, you will need to buy the stocks before the ex-dividend date, which generally is two days before the record date.
Also, remember it takes T+2 days to get registered and updated, so keep those as buffer days and do not just wait for the last date to buy the stocks.
My word against Paul Riss's word:
There will be an RS!
Remember this liar when he was twitting every other week about the deal with the Uzbek government to have the world biggest Cannabis farm in the world?
Then his tweet that the deal is done with a swipe of a pen?
Then it's delayed to July due to covid?
Then total silence without any explanation?
Paul Riss can utter/tweet what he wants, but R/S is inevitable, he will just give it a different name, then tweets his infamous tweet:
Congrats PVSP shareholders.. I screwed you again 😁🤡
Let’s get these 5’s 6’s out of here
And with a spin off date to be announced soon--Even higher. ;)
20 day crossed the 50 day, and 50 day MA now rising, support in BSB terr at 4's with this volume says higher soon!
Makes good for some fun chasing (SOON) :)
That bid to ask is MASSIVE . Load the boats !!
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