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“People should really pay attention to the pillars that we’ve put in place, especially in California. We are in the market today selling all major cannabis products whilst unveiling all our house of brands,” Pedersen went on to explain. “We’ve secured distribution which is a major pillar in California, which allows us to secure shelf space. And our upcoming greenhouse, that will provide large scale, high-quality flower, at capacity, will produce 50 million grams a year of premium flower. Everyone should pay attention to our execution which translates into revenue, profitability and growth.”
Organigram crushes earnings, still cheap
$12 coming soon
OrganiGram
Organigram was reported to have the strongest market share in two Atlantic Canadian provinces, Nova Scotia and PEI. Organigram was said to have 24% market share in both provinces:
Atlantic sales flourish
Could be! Only time will tell. Obviously smart management
I had Medreleaf going into the share conversation but bailed just before. Missed a big run from ACB but the one billion shares skeerz me.
I think Liberty was the only stock in the sector negative yesterday? I have a couple worries with Liberty but I'm in low and holding. Not much pain when OGI and Sunniva will run hard. I moved almost all my tech money and rolling the dice on the MJ revolution. Viva
i commute 200 miles a day and need to retire
Sunniva, WeedMD, LHSIF and Organigram is the Diamond. In for over 150k
24 million nest fin! Share price $12
Sorry I don’t see much downside risk. OrganiGram is golden at this level
I never saw it coming? Only way I make money is to hold till the sellers get bored. The sellers finally get bored with small Pickens and let it run for the real cash prize. Greed always kicks in if you wait long enough
What a mess, it makes me sick just to read how screwed the average investor in TRTC is. Thanks for the info
I bought a $hit load and it’s waiting for me to sell. Secret is I played lots of pennies and I never sell till I’m up
reminding everybody that this is a scam doesnt help investors without a little substance. Can you please post any links or analysis that backs up your scam label of Liberty. thanks
“So far I’ve been correct with my assumption” how do you figure the correct part? And you say “scam” could you elaborate? And are you a Trulieve investor?
Some of us our invested and so we post but what about your agenda?
The lawsuit deals with the reimbursement of funds paid for the cannabis purchased by medical customers in 2016. Organigram has already voluntarily reimbursed many of its customers for this recall via a comprehensive credit and refund program. Organigram has insurance to cover the cost of legal fees associated with the defense of the class action. Insurance coverage may also cover some or all of any monetary damages associated with any resolution of this matter. While the ultimate outcome of any Court process is difficult to ascertain, Organigram management does not anticipate that the class action (including the resolution thereof) will impact its business or operations in any material manner.
just highlighted because I read various yahoo finance negative comments
Aphria would be smart to stop PR's concerning joint ventures, purchases and such and figure out what went wrong and clean some house. Aphria has good infrastructure bones but needs new captains to run this ship. The PR's put out since the scandal look like penny stock PR's after negative events imo. I would like to buy some shares but need to see an action plan in place first
Breaking Exclusive: Florida To Announce Legalization Of Medical Marijuana Flower
Sara Brittany Somerset
Sara Brittany Somerset
Contributor
Vices
I cover marijuana, global affairs and the intersection of the two.
A 3d rendering of a city sign with marijuana leaf for MiamiGetty
Last year attorney John Morgan sued the state of Florida, citing that banning the smoking of dried cannabis flower for medical purposes, is unconstitutional. A Judge ruled in his favor to allow for flower sales in Florida. Directly afterward, then-Governor Rick Scott filed an appeal, which prevented flower sales from moving forward, until the appeal resolves in court. The new Governor Ron DeSantis, who took control on Jan 8th, is expected to announce this afternoon that his administration decided to drop his predecessor's appeal, which will allow for medical marijuana flower sales by licensed dispensaries in Florida.
After initially failing in 2014, Florida voters approved the Florida Medical Marijuana Legalization Initiative on November 8, 2016. Known as Amendment 2, the bill authorizes the use of medical marijuana by Floridians with debilitating illnesses. The law required a super-majority vote of at least 60% to pass, and 71% voted yes. However, lawmakers limited its scope by allowing only oils, sprays, tinctures, edibles and vaping. However, the vape pods are dispensed in tamper-resistant receptacles.
Smoking cannabis was deliberately excluded as a valid form of medical marijuana consumption because lawmakers expressed concerns that it would pave a slippery slope to allowing recreational use.
" 'Inhalation is a medically effective and efficient way to deliver Tetrahydrocannabinol [THC], and other cannabinoids, to the bloodstream,' wrote Morgan and his lead lawyer, Jon Mills, a constitutional lawyer and former Democratic House speaker, on behalf of Florida for Care Inc., the non-profit formed to promote the initiative," according to the Miami Herald.
When Florida legalized medical cannabis, one of the most highly-debated regulations was Florida’s ban on flower sales. Sources close to the previous administration of Governor Rick Scott implied that Florida decided not to allow for smokeable medical cannabis as an approved method of consumption because of the adverse health implications often associated with smoking cannabis, and because of the negative social stigma associated with “stoners.” There is a commonly-held belief that marijuana can only be viewed as medicinal if it is consumed in a similar fashion to other medical products; e.g., tinctures, gel caps, and topicals. Along those same lines of reasoning, smokeable cannabis cannot or should not be considered a medical product.
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As reported by Mary Ellen Klas in the Miami Herald, "Orlando-based trial lawyer John Morgan, who spearheaded and financed the successful campaign to make medical access to cannabis a constitutional right, filed the lawsuit in Leon County Circuit Court, asking the court to declare the law implementing the 2016 constitutional amendment unenforceable. Morgan argues that Florida legislators violated voters’ intent when they prohibited smoking for the medical use of marijuana."
In 2017, Florida attorney John Morgan sued the state of Florida for banning the smoking of medical marijuana, calling it unconstitutional. “By redefining the constitutionally defined term ‘medical use’ to exclude smoking, the Legislature substitutes its medical judgment for that of ‘a licensed Florida physician’ and is in direct conflict with the specifically articulated Constitutional process,” the lawsuit states, according to the Miami Herald.
In May 2018, Florida Judge Karen Gievers ruled in favor of Morgan, saying Floridians had a right to use the medical marijuana treatment recommended by their physicians, including smokable marijuana in private places. The same day of the ruling, The Florida Dept. of Health filed an appeal to federal court in Tallahassee, saying the ruling goes against the intent of the Florida legislature, which called it a health risk. This appeal prohibited the smoking of flower ruling from moving forward until the appeal is settled, meaning that no marijuana flower can be sold medically in Florida until its resolution, according to Spectrum News 13.
Today, multiple sources close to state regulators have said that the new government administration will be dropping the appeal and will allow for smoking medical marijuana. This decision is scheduled to be revealed at 2 pm EST. The announcement will likely be met with resounding support from cannabis industry participants, as well as investors, who view Florida as one of the strongest medical markets in the United States.
Patients in Florida will finally be allowed to consume cannabis in whatever format is expressly approved by their physician, including smoking marijuana in private places, as long as it is purchased in a legal, state-licensed dispensary.
Sources close to the regulators opine that Florida is a highly coveted market with its vertical integration and dense population. Therefore, cannabis flower from an investment perspective is set to expand while stocks from companies with holdings in Florida might predictably soar.
Integra Boost packs have accompanied Organigram's Edison Reserve line of premium cannabis products since the Edison launch in 2018. "Uncompromised quality is a hallmark of the Edison Reserve brand and we've seen first hand the outstanding benefits that come with pairing our commitment to excellence with the Integra Boost technology," explains Gracewood. "We are pleased to now be able to extend that optimal experience of freshness to all Edison products, even after purchase."
Integra Boost packs comprise a glycerin gel and 2-way membrane to create a patented humidity control technology, either releasing or absorbing moisture as needed to ensure the optimal environment for storing cannabis. Long used to help protect, for example, the freshness of food and pharmaceuticals, the technology maintains relative humidity at 62 per cent in a contained environment. This consistency helps preserve the product's color, taste, structural integrity and weight.
Democrats will make a move in congress again but it will achieve much more publicity. Republicans can see the steam roller coming and will not dare to stand in the way before 2020. Several wild cards including a few dinosaur republicans that could be obstructionist. Aphria probably has all its plans in place for US re-scheduling. No reason for stocks to fall
Organigram makes Edison Cannabis the first legal brand to provide humidity control units in flower products ranging from 1g to 15g
Reefer madness begins again?
And in case you wondered? It’s payed for unlike most TRTC projects
Huh, 10 bucks a share and TRTC buys it weed? I saw a real company who was fixing to finish a 400,000 plus square foot grow at 1.23? Good luck
I like all those picks and think Liberty will run with 360 completion or next fins. My other dollar gem is WeedMD, take a look at the videos on the board if you get a chance.
This is going to stay 3 to 4 till spring news
Just a head fake to shake weak hands. OGI $12