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Nope....
Awesome performance maybe they should release more news
Do something
Wow
100k@.0066=$660.00 dollars baller. If you can't afford to lose that. I suggest to say away from penny's
Wow
On the West Coast, incoming Los Angeles Mayor Eric Garcetti indicated Monday he supports legalizing marijuana for general use. This comes a month after California Lieutenant Governor — and potential 2014 gubernatorial candidate — Gavin Newsom penned an op-ed calling for California to legalize pot.
http://m.yahoo.com/w/legobpengine/finance/news/may-huge-month-marijuana-legalization-164334579.html?.intl=us&.lang=en-us
Wtf is that
Go SKTO
Every day
I hope you're right some tells me the millions of shares bought early this a.m. are going to be flipped soon as another penny or so and will be right back in a low ones with a huge selloff
I am not sure why everybody thinks it's doing good we haven't had a Green Day forever.
Down 27% hadn't even open yet on my account
Congratulations another day -12.09%
It's over it will sell off till it's gone
Are you kidding 55,000 shares to bring it to .0125
and 600 Sell back .01
Yes he did. But a 200.00 sell yet can drive the company value down another 10% riddle me that. Ill give the greedy bastards 200.00 if they leave this alone
Who cares Agey doesn't help us! Nothing can. This is a shit stick and company.
What other Iequity stocks are being traded
What other companies do you think
Can some body explained T trades and why it didn't show at the end of the day
The last purchase was large and .0138
Why is it not showing as the last purchase and a close price?
Why isn't that large purchase showing at end of day for .0138
Just like ghat
Colorado made it :))
May 9, 2013
Top 20 Business-Related Aspects of Colorado’s Recreational Marijuana Regulations
Tags: amendment 64, colorado marijuana regulations, marijuana store requirements
Colorado entered the cannabis history books yet again yesterday, becoming the first state in the nation to officially pass regulations covering the cultivation and sale of marijuana for adult use.
On the final day of session, the state legislature approved several measures – the most significant being House Bill 1317 – that establish business requirements and set up a framework for this emerging industry. It represents the culmination of months of hard work, long days that turned into longer nights and plenty of back-and-forth as lawmakers and key stakeholders hammered out regulatory proposals. The bills now head to Gov. John Hickenlooper, who has indicated he will sign them. The Colorado Department of Revenue will then work on developing detailed rules by July 1 that fit the overall framework established by lawmakers.
Here are 20 of the most important business-related aspects of the new regulations for entrepreneurs who hope to enter the adult-use market:
#1. The following businesses must apply for and obtain a license:retail marijuana stores, infused products/edibles manufacturers, cultivation facilities and testing labs.
#2. The state will begin accepting applications for marijuana shops, cultivation sites and infused products companies on Oct. 1, and the first official retail stores selling marijuana to the general public could open as early as Jan. 1, 2014.
#3. Individuals who currently run dispensaries, cultivation sites and infused products companies that are licensed by the state – or have a pending license application – are the only ones who can apply to operate recreational cannabis businesses until July 1 of next year. Dispensary owners can either convert their operations to focus solely on the recreational side or keep the MMJ business and add a retail arm as well. They can apply to have both the medical and recreational businesses at the same location if local laws allow for such an operation. When the license becomes effective, the applicant must identify the medical marijuana inventory that will become retail inventory, and there must be “physical separation” between the two.
#4. Entrepreneurs who do not currently own dispensaries can file a notice starting Jan. 1 saying that they intend to submit an application. When the state begins accepting general applications in July 2014, it will give preference to those that submitted a notice of intent. Licenses for this group would then become effective as early as Oct. 1.
#5. The state must review and process applications with 90 days of receiving them.
#6. The state can limit the number of retail marijuana business licenses/shops and overall production for individual cultivation operations or for the industry as a whole.
#7. Marijuana cannot be consumed on-site at retail stores and other cannabis businesses or at bars.
#8. Marijuana coffee shops, incorporated cannabis collectives and government-run marijuana shops are not allowed.
#9. The first crop of retail stores and infused products companies will have to grow 70% of the marijuana they sell until Oct. 1, 2014, when they can start buying it from a retail cultivation facility.
#10. State licenses are subject to local approvals, meaning cities can ban retail marijuana shops (some already are moving in that direction).
#11. Store owners, managers and employees as well as investors in retail cannabis businesses must be Colorado residents. Owners must be residents for at least two years before applying for a license, and they also must submit to a background check.
#12. The application fee is $500 for those who currently run licensed medical marijuana businesses – or are in the process of obtaining one – and $5,000 for those who don’t.
#13. Colorado residents 21 or over can purchase up to an ounce of marijuana at a time from any given retail store by showing their driver’s license – meaning shop owners will have easy access to hundreds of thousands of potential consumers.
#14. Visitors will also be able to purchase marijuana, opening the door to cannabis tourism and increasing potential sales exponentially. However, out-of-state consumers will only be able to buy a quarter-ounce in any single transaction in a bid to help limit diversion of cannabis to other states.
#15. Measures to implement a 10% sales tax and a 15% excise tax on retail marijuana transactions will be put to Colorado voters in November. The money would be used to fund the cannabis program and for school construction.
#16. All marijuana must be sold in sealed, nontransparent, child-proof packaging with labels that display potency levels, net weight, batch number, warnings and other information. Edibles labels must also contain ingredients, possible allergens, serving sizes and nutrition information.
#17. Marijuana businesses will be subject to regulations on everything from advertising and security to transportation, storage and inventory tracking.
#18. General businesses/employers in Colorado can set their own policies and rules regarding marijuana use by their workers, meaning their are no state-level protections for employees who consumer cannabis.
#19. The state will establish an independent testing and certification program for retail shops and infused products manufacturers to ensure product safety and potency claims. It will also set requirements for testing frequency, among other things.
#20. Marijuana magazines, including business-related publications, can only be sold at retail cannabis stores or behind the counter at other establishments, provided an individual 21 years of age or older is present.
Colorado made it :))
May 9, 2013
Top 20 Business-Related Aspects of Colorado’s Recreational Marijuana Regulations
Tags: amendment 64, colorado marijuana regulations, marijuana store requirements
Colorado entered the cannabis history books yet again yesterday, becoming the first state in the nation to officially pass regulations covering the cultivation and sale of marijuana for adult use.
On the final day of session, the state legislature approved several measures – the most significant being House Bill 1317 – that establish business requirements and set up a framework for this emerging industry. It represents the culmination of months of hard work, long days that turned into longer nights and plenty of back-and-forth as lawmakers and key stakeholders hammered out regulatory proposals. The bills now head to Gov. John Hickenlooper, who has indicated he will sign them. The Colorado Department of Revenue will then work on developing detailed rules by July 1 that fit the overall framework established by lawmakers.
Here are 20 of the most important business-related aspects of the new regulations for entrepreneurs who hope to enter the adult-use market:
#1. The following businesses must apply for and obtain a license:retail marijuana stores, infused products/edibles manufacturers, cultivation facilities and testing labs.
#2. The state will begin accepting applications for marijuana shops, cultivation sites and infused products companies on Oct. 1, and the first official retail stores selling marijuana to the general public could open as early as Jan. 1, 2014.
#3. Individuals who currently run dispensaries, cultivation sites and infused products companies that are licensed by the state – or have a pending license application – are the only ones who can apply to operate recreational cannabis businesses until July 1 of next year. Dispensary owners can either convert their operations to focus solely on the recreational side or keep the MMJ business and add a retail arm as well. They can apply to have both the medical and recreational businesses at the same location if local laws allow for such an operation. When the license becomes effective, the applicant must identify the medical marijuana inventory that will become retail inventory, and there must be “physical separation” between the two.
#4. Entrepreneurs who do not currently own dispensaries can file a notice starting Jan. 1 saying that they intend to submit an application. When the state begins accepting general applications in July 2014, it will give preference to those that submitted a notice of intent. Licenses for this group would then become effective as early as Oct. 1.
#5. The state must review and process applications with 90 days of receiving them.
#6. The state can limit the number of retail marijuana business licenses/shops and overall production for individual cultivation operations or for the industry as a whole.
#7. Marijuana cannot be consumed on-site at retail stores and other cannabis businesses or at bars.
#8. Marijuana coffee shops, incorporated cannabis collectives and government-run marijuana shops are not allowed.
#9. The first crop of retail stores and infused products companies will have to grow 70% of the marijuana they sell until Oct. 1, 2014, when they can start buying it from a retail cultivation facility.
#10. State licenses are subject to local approvals, meaning cities can ban retail marijuana shops (some already are moving in that direction).
#11. Store owners, managers and employees as well as investors in retail cannabis businesses must be Colorado residents. Owners must be residents for at least two years before applying for a license, and they also must submit to a background check.
#12. The application fee is $500 for those who currently run licensed medical marijuana businesses – or are in the process of obtaining one – and $5,000 for those who don’t.
#13. Colorado residents 21 or over can purchase up to an ounce of marijuana at a time from any given retail store by showing their driver’s license – meaning shop owners will have easy access to hundreds of thousands of potential consumers.
#14. Visitors will also be able to purchase marijuana, opening the door to cannabis tourism and increasing potential sales exponentially. However, out-of-state consumers will only be able to buy a quarter-ounce in any single transaction in a bid to help limit diversion of cannabis to other states.
#15. Measures to implement a 10% sales tax and a 15% excise tax on retail marijuana transactions will be put to Colorado voters in November. The money would be used to fund the cannabis program and for school construction.
#16. All marijuana must be sold in sealed, nontransparent, child-proof packaging with labels that display potency levels, net weight, batch number, warnings and other information. Edibles labels must also contain ingredients, possible allergens, serving sizes and nutrition information.
#17. Marijuana businesses will be subject to regulations on everything from advertising and security to transportation, storage and inventory tracking.
#18. General businesses/employers in Colorado can set their own policies and rules regarding marijuana use by their workers, meaning their are no state-level protections for employees who consumer cannabis.
#19. The state will establish an independent testing and certification program for retail shops and infused products manufacturers to ensure product safety and potency claims. It will also set requirements for testing frequency, among other things.
#20. Marijuana magazines, including business-related publications, can only be sold at retail cannabis stores or behind the counter at other establishments, provided an individual 21 years of age or older is present.
Colorado made it :))
May 9, 2013
Top 20 Business-Related Aspects of Colorado’s Recreational Marijuana Regulations
Tags: amendment 64, colorado marijuana regulations, marijuana store requirements
Colorado entered the cannabis history books yet again yesterday, becoming the first state in the nation to officially pass regulations covering the cultivation and sale of marijuana for adult use.
On the final day of session, the state legislature approved several measures – the most significant being House Bill 1317 – that establish business requirements and set up a framework for this emerging industry. It represents the culmination of months of hard work, long days that turned into longer nights and plenty of back-and-forth as lawmakers and key stakeholders hammered out regulatory proposals. The bills now head to Gov. John Hickenlooper, who has indicated he will sign them. The Colorado Department of Revenue will then work on developing detailed rules by July 1 that fit the overall framework established by lawmakers.
Here are 20 of the most important business-related aspects of the new regulations for entrepreneurs who hope to enter the adult-use market:
#1. The following businesses must apply for and obtain a license:retail marijuana stores, infused products/edibles manufacturers, cultivation facilities and testing labs.
#2. The state will begin accepting applications for marijuana shops, cultivation sites and infused products companies on Oct. 1, and the first official retail stores selling marijuana to the general public could open as early as Jan. 1, 2014.
#3. Individuals who currently run dispensaries, cultivation sites and infused products companies that are licensed by the state – or have a pending license application – are the only ones who can apply to operate recreational cannabis businesses until July 1 of next year. Dispensary owners can either convert their operations to focus solely on the recreational side or keep the MMJ business and add a retail arm as well. They can apply to have both the medical and recreational businesses at the same location if local laws allow for such an operation. When the license becomes effective, the applicant must identify the medical marijuana inventory that will become retail inventory, and there must be “physical separation” between the two.
#4. Entrepreneurs who do not currently own dispensaries can file a notice starting Jan. 1 saying that they intend to submit an application. When the state begins accepting general applications in July 2014, it will give preference to those that submitted a notice of intent. Licenses for this group would then become effective as early as Oct. 1.
#5. The state must review and process applications with 90 days of receiving them.
#6. The state can limit the number of retail marijuana business licenses/shops and overall production for individual cultivation operations or for the industry as a whole.
#7. Marijuana cannot be consumed on-site at retail stores and other cannabis businesses or at bars.
#8. Marijuana coffee shops, incorporated cannabis collectives and government-run marijuana shops are not allowed.
#9. The first crop of retail stores and infused products companies will have to grow 70% of the marijuana they sell until Oct. 1, 2014, when they can start buying it from a retail cultivation facility.
#10. State licenses are subject to local approvals, meaning cities can ban retail marijuana shops (some already are moving in that direction).
#11. Store owners, managers and employees as well as investors in retail cannabis businesses must be Colorado residents. Owners must be residents for at least two years before applying for a license, and they also must submit to a background check.
#12. The application fee is $500 for those who currently run licensed medical marijuana businesses – or are in the process of obtaining one – and $5,000 for those who don’t.
#13. Colorado residents 21 or over can purchase up to an ounce of marijuana at a time from any given retail store by showing their driver’s license – meaning shop owners will have easy access to hundreds of thousands of potential consumers.
#14. Visitors will also be able to purchase marijuana, opening the door to cannabis tourism and increasing potential sales exponentially. However, out-of-state consumers will only be able to buy a quarter-ounce in any single transaction in a bid to help limit diversion of cannabis to other states.
#15. Measures to implement a 10% sales tax and a 15% excise tax on retail marijuana transactions will be put to Colorado voters in November. The money would be used to fund the cannabis program and for school construction.
#16. All marijuana must be sold in sealed, nontransparent, child-proof packaging with labels that display potency levels, net weight, batch number, warnings and other information. Edibles labels must also contain ingredients, possible allergens, serving sizes and nutrition information.
#17. Marijuana businesses will be subject to regulations on everything from advertising and security to transportation, storage and inventory tracking.
#18. General businesses/employers in Colorado can set their own policies and rules regarding marijuana use by their workers, meaning their are no state-level protections for employees who consumer cannabis.
#19. The state will establish an independent testing and certification program for retail shops and infused products manufacturers to ensure product safety and potency claims. It will also set requirements for testing frequency, among other things.
#20. Marijuana magazines, including business-related publications, can only be sold at retail cannabis stores or behind the counter at other establishments, provided an individual 21 years of age or older is present.
Thank God my other marijuana investments are Making money
What a piece of crap
Interesting how a company's overall value can be influenced by 600 or 400 share orders. We're not even talking dollar purchases
Serious oneself for 600 shares and it goes down 11%
I need to invest in real companies just to pay for this piece of crap
This stock sucks
April 30, 2013
Private Equity Firm Offering $250 Million in Cash Advances to Marijuana Businesses
Tags: Guardian, mmj banking
by Anne Holland The first major crack has appeared in the wall of federally-regulated banks refusing to do business with the cannabis industry. A private equity firm based in Delaware has launched a bank-backed fund of $250 million to offer cash advances and lines of credit to marijuana-related businesses.
The funds are being offered via Guardian Data Systems, Inc., a provider of financial services to high risk merchants, including dispensaries. According to Lance Ott, a principal at Guardian, the fund’s executives come from traditional banking backgrounds including Barclay’s. He also noted that the equity firm is in fact backed by at least one large, traditional bank.
Industry veterans will not be surprised to learn that both the private equity firm and its banking partner prefer to remain anonymous. That lack of transparency is not likely to concern business people in the cannabis industry, which has long been starved of the external cash investments which traditionally help burgeoning industries gain traction.
Based on the structure and rates of the loans, the bankers are set to make strong profits on their investments. The interest rates charged – between 14.9% and 28% – reflect the riskiness of the cannabis industry. The loans will have built-in safeguards to reduce that risk: successful applicants must show existing cash flow or personal financial resources to cover the amount loaned, and repayments will be automatically debited in daily or weekly installments. In certain cases, the loan could be tied to – and show up on – the applicant’s personal credit report.
Business owners who can meet the terms of the loans and who are willing and able to pay the listed interest rates will be able to take advantage of funds through three different programs: Lines of credit for businesses with funds in a bank account, cash advances up to $200,000 for organizations with at least $10,000 in monthly sales flowing through a business account, and a separate merchant cash advance program for businesses with established and legal credit card processing facilities. This last type of loan is not available to dispensaries or other businesses which touch cannabis itself because they cannot legitimately accept credit card payments at this time.
Thus far, the fund has loaned $250,000 to a grow operation in CO and $8,500 to a dispensary in Seattle. At maximum loan amounts, the fund could invest in over 1,250 individual businesses or locations.
No matter how carefully veiled the players are, this is the first move by larger financial institutions to back off from the “no MMJ!” precipice they jumped off in 2012. This move will be viewed as a shot in the arm to expanding business owners and as a step forward to industry legitimacy.