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Itsssss coming....
Legal marijuana arriving in California after decades of underground dealing
TREVOR HUGHES | USA TODAY
Updated 12:31 p.m. EST Dec. 28, 2017
?
California begins legal recreational marijuana sales in 2018 and along with that, there are a host of questions about exactly how the system will work … Show more
WOCHIT
A new gold rush is sweeping California as the state prepares to launch legal marijuana sales Monday, bringing the powerful and largely underground economy finally into public view.
Marijuana has long been one of California’s most important cash crops, albeit one many visitors would never see amid the vineyards and avocado farms. Now, tens of thousands of entrepreneurs are rushing to carve out a slice of an about-to-be-legal market that has grass-growing cannabis evangelists colliding with out-of-state suits eager to make a now-legal buck.
?
Marijuana at Joy of Life Wellness Center in Palm Springs
LANCE GERBER/DESERT MAGAZINE
And there's a lot to be made: The state's existing marijuana black market is worth $13.5 billion, according to cannabis financial analysis firm GreenWave Advisors, while the legal market could be worth $5.1 billion in 2018.
More: Marijuana's legalization fuels black market in other states
“You’re taking an industry that was completely underground and making it the most regulated product of all time,” said Jessica Lilga, who runs a medical cannabis distribution service in Oakland, Calif., and hopes to expand into recreational pot. “It’s just insane.”
Legalization through voter approval of Prop. 64, which created a system for legally growing and selling cannabis, also raises concerns about whether kids will start using more marijuana thanks to increased visibility and whether the state is creating a new Big Tobacco industry that puts profits ahead of public health.
?
Marijuana plants at PSA Organica in Palm Springs
LANCE GERBER/DESERT MAGAZINE
While five other states already offer legal marijuana sales, the Golden State’s sheer size is expected to reshape the pot industry worldwide, potentially driving down prices for consumers while generating hundreds of millions of dollars in taxes. It also holds the promise of wiping out criminal records for some people with previous cannabis convictions and helping longtime illegal drug dealers go legal by getting them licensed.
Eight states and the District of Columbia have legalized marijuana, but only Colorado, Oregon, Nevada, Alaska and Washington have functioning marketplaces. Massachusetts and Maine expect to begin sales sometime later next year. Marijuana remains illegal at the federal level, but the Trump administration has made no high-profile moves against any state where pot is openly sold to adults.
?
Marijuana at Desert's Finest in Desert Hot Springs
LANCE GERBER/DESERT MAGAZINE
That has store owners scrambling to erect billboards near Los Angeles International Airport and flooding bars with street marketers. California rules limit marijuana advertising, so dispensaries are getting creative in how they reach potential customers. Med Men, which sells medical cannabis but hopes to offer recreational pot come Monday, is wrapping 30 trucks with advertisements for its four existing high-end dispensaries. Cannabis firm American Green even bought an entire town — Nipton, Calif. — to create a marijuana mecca.
Because California’s marijuana law requires all cannabis to arrive in stores pre-packaged, growers and distributers are frantically developing branding and packaging to set their wares apart.
“You’re seeing a lot more sophisticated people from other industries starting to move into the space,” said B.J. Carretta, Med Men’s chief marketing officer. “If traffic doubles in January, it can’t be amateur hour.”
California’s marijuana growers are already highly sophisticated when it comes to operating illegal farms in the mountains of the Emerald Triangle north of San Francisco. But playing by these new rules is a different proposition. California’s pot regulations require a variety of water and environmental considerations, along with tight accounting and tracking.
More: California's illegal marijuana farms force cops to wield 'green' stick
Many longtime cannabis farmers are struggling with whether to go legal, in part because getting licensed can cost tens of thousands of dollars. Additionally, many longtime marijuana moonshiners are culturally opposed to playing by the rules. For generations, they have secretly grown vast quantities of pot destined for black-market users across America.
?
Clear containers allow customers to see and smell the 20 strains of marijuana offered at the MedMen marijuana dispensary on Santa Monica Blvd in West … Show more
RICHARD LUI/THE DESERT SUN
Matt Karnes of GreenWave Advisors estimates at least half of all the cannabis grown in California is illegally shipped across state lines and sold at two or even three times the price it would fetch if sold locally as medical marijuana. Those growers have an extensive network of distributors built through mutual trust over decades of underground dealing.
“What we are going to see is not only a legal shift but a cultural shift,” said Michael Steinmetz, the CEO of cannabis distribution company Flow Kana.
Steinmetz bought an abandoned vineyard and winery in Mendocino County to serve as a centralized processing marijuana center for small growers. He envisions dozens of farmers pooling their crops to be trimmed, packaged and distributed as a premium umbrella brand.
“Commodity cannabis is going to be a race to the bottom. We want to be more like wine and less like wheat,” he said.
STORY FROM PUBLIX
5 delicious winter weeknight dinner recipes
?
A worker at Harborside Health Center in Oakland, Calif., packages marijuana cigarettes -- joints -- for customers. Harborside's founder recruits his staff from the city, … Show more
TREVOR HUGHES, USA TODAY
Like other states that have legalized recreational marijuana, California is creating a network of privately owned but tightly regulated pot shops that will offer shoppers a wide variety of products, from the smokeable “flower” most people are familiar with to cannabis-infused foods called edibles, and increasingly popular marijuana extracts used for vaping. The state requires quality testing and will regulate the kinds of pesticides and other chemicals used in growing.
“Consumers at large haven’t seen that,” Steinmetz said. “In the black market, you buy whatever the dealer has and you want him out of your house as soon as possible.”
Lilga said she expects to see retail prices drop as newly formed cannabis conglomerates use their size to price out smaller players. While there's a state tax on marijuana, the government isn't regulating how much consumers will pay, leaving that largely up to the free market.
“There’s a lot of culture and community and soul being sucked out,” she said. “We see that inevitably that a lot of people will not survive the next year.”
STORY FROM PUBLIX
5 delicious winter weeknight dinner recipes
?
'Budtender' Jason Coleman describes the effects of a marijuana-infused lubricant to customers inside the Medicine Man cannabis dispensary in Denver on April 19, 2017. Thousands … Show more
TREVOR HUGHES, USA TODAY
Steve DeAngelo, one of California’s best-known medical marijuana business owners and advocates, said he worries the new regulations will artificially limit the supply early next year, potentially driving up prices.
“Cannabis consumers deserve the same choices enjoyed by shoppers at the grocery store. While everybody would like to be able to afford heirloom tomatoes, meticulously tended in small patches and selling for $5.99 a pound — most families can’t afford them,” said DeAngelo, the CEO of Oakland-based Harborside cannabis dispensary. “Most can only afford the lower-priced tomatoes grown by larger, more efficient farms. And thankfully for these consumers, regulations allow the existence of such tomato farms.”
?
A box of joints awaits customers at Harborside Health Center in Oakland, Calif.
TREVOR HUGHES, USA TODAY
Still, the state faces major challenges in the coming months, said Kevin Sabet, the director of the anti-legalization group Smart Approaches to Marijuana, which warns that California's legalization of marijuana is creating a new Big Tobacco industry because many Americans don’t see the broader consequences of widespread cannabis cultivation and consumption.
Data about how legalization has affected cannabis use rates, particularly among kids, remains consistently unreliable. Marijuana remains entirely illegal at the federal level, most banks refuse to handle cannabis cash and employers are struggling with how to handle routine drug testing for workers in states where pot is legal.
More: Recreational pot is coming to California. Here's a map of dispensaries in the Coachella Valley
Knowing those challenges, Sabet said California should have taken more time to work out the kinks.
“Prop. 64 was written with this expedited timeline because the industry was its main author. And the industry only makes money if things are rolled out quickly, without much thought about the actual way this will operate. California is not ready for recreational legalization,” Sabet said. “The only people who will benefit from this rollout are the Silicon Valley billionaires who have invested in this whole thing.”
Silicon Valley billionaires heavily backed Prop. 64, particularly Napster co-founder and former Facebook president Sean Parker, who donated more than $1 million to the November 2016 ballot measure.
Some industry experts say they believe venture capitalists hope to commoditize cannabis production and create a legitimate cash crop. “We’re going to have more Budweiser than craft brewers,” said Lilga, the distributor. “I can tell you it’s not fun at all. This is the epitome of the corporate model.”
That corporate model is expected to generate hefty tax returns for the state: $300-$500 million in marijuana taxes in the first year, according to cannabis analytics firm New Frontier Data. That estimate doesn’t include local sales taxes and depends heavily on how quickly the industry ramps up.
Former California Attorney Genera
Report TOS
Itsssss coming....
Legal marijuana arriving in California after decades of underground dealing
TREVOR HUGHES | USA TODAY
Updated 12:31 p.m. EST Dec. 28, 2017
?
California begins legal recreational marijuana sales in 2018 and along with that, there are a host of questions about exactly how the system will work … Show more
WOCHIT
A new gold rush is sweeping California as the state prepares to launch legal marijuana sales Monday, bringing the powerful and largely underground economy finally into public view.
Marijuana has long been one of California’s most important cash crops, albeit one many visitors would never see amid the vineyards and avocado farms. Now, tens of thousands of entrepreneurs are rushing to carve out a slice of an about-to-be-legal market that has grass-growing cannabis evangelists colliding with out-of-state suits eager to make a now-legal buck.
?
Marijuana at Joy of Life Wellness Center in Palm Springs
LANCE GERBER/DESERT MAGAZINE
And there's a lot to be made: The state's existing marijuana black market is worth $13.5 billion, according to cannabis financial analysis firm GreenWave Advisors, while the legal market could be worth $5.1 billion in 2018.
More: Marijuana's legalization fuels black market in other states
“You’re taking an industry that was completely underground and making it the most regulated product of all time,” said Jessica Lilga, who runs a medical cannabis distribution service in Oakland, Calif., and hopes to expand into recreational pot. “It’s just insane.”
Legalization through voter approval of Prop. 64, which created a system for legally growing and selling cannabis, also raises concerns about whether kids will start using more marijuana thanks to increased visibility and whether the state is creating a new Big Tobacco industry that puts profits ahead of public health.
?
Marijuana plants at PSA Organica in Palm Springs
LANCE GERBER/DESERT MAGAZINE
While five other states already offer legal marijuana sales, the Golden State’s sheer size is expected to reshape the pot industry worldwide, potentially driving down prices for consumers while generating hundreds of millions of dollars in taxes. It also holds the promise of wiping out criminal records for some people with previous cannabis convictions and helping longtime illegal drug dealers go legal by getting them licensed.
Eight states and the District of Columbia have legalized marijuana, but only Colorado, Oregon, Nevada, Alaska and Washington have functioning marketplaces. Massachusetts and Maine expect to begin sales sometime later next year. Marijuana remains illegal at the federal level, but the Trump administration has made no high-profile moves against any state where pot is openly sold to adults.
?
Marijuana at Desert's Finest in Desert Hot Springs
LANCE GERBER/DESERT MAGAZINE
That has store owners scrambling to erect billboards near Los Angeles International Airport and flooding bars with street marketers. California rules limit marijuana advertising, so dispensaries are getting creative in how they reach potential customers. Med Men, which sells medical cannabis but hopes to offer recreational pot come Monday, is wrapping 30 trucks with advertisements for its four existing high-end dispensaries. Cannabis firm American Green even bought an entire town — Nipton, Calif. — to create a marijuana mecca.
Because California’s marijuana law requires all cannabis to arrive in stores pre-packaged, growers and distributers are frantically developing branding and packaging to set their wares apart.
“You’re seeing a lot more sophisticated people from other industries starting to move into the space,” said B.J. Carretta, Med Men’s chief marketing officer. “If traffic doubles in January, it can’t be amateur hour.”
California’s marijuana growers are already highly sophisticated when it comes to operating illegal farms in the mountains of the Emerald Triangle north of San Francisco. But playing by these new rules is a different proposition. California’s pot regulations require a variety of water and environmental considerations, along with tight accounting and tracking.
More: California's illegal marijuana farms force cops to wield 'green' stick
Many longtime cannabis farmers are struggling with whether to go legal, in part because getting licensed can cost tens of thousands of dollars. Additionally, many longtime marijuana moonshiners are culturally opposed to playing by the rules. For generations, they have secretly grown vast quantities of pot destined for black-market users across America.
?
Clear containers allow customers to see and smell the 20 strains of marijuana offered at the MedMen marijuana dispensary on Santa Monica Blvd in West … Show more
RICHARD LUI/THE DESERT SUN
Matt Karnes of GreenWave Advisors estimates at least half of all the cannabis grown in California is illegally shipped across state lines and sold at two or even three times the price it would fetch if sold locally as medical marijuana. Those growers have an extensive network of distributors built through mutual trust over decades of underground dealing.
“What we are going to see is not only a legal shift but a cultural shift,” said Michael Steinmetz, the CEO of cannabis distribution company Flow Kana.
Steinmetz bought an abandoned vineyard and winery in Mendocino County to serve as a centralized processing marijuana center for small growers. He envisions dozens of farmers pooling their crops to be trimmed, packaged and distributed as a premium umbrella brand.
“Commodity cannabis is going to be a race to the bottom. We want to be more like wine and less like wheat,” he said.
STORY FROM PUBLIX
5 delicious winter weeknight dinner recipes
?
A worker at Harborside Health Center in Oakland, Calif., packages marijuana cigarettes -- joints -- for customers. Harborside's founder recruits his staff from the city, … Show more
TREVOR HUGHES, USA TODAY
Like other states that have legalized recreational marijuana, California is creating a network of privately owned but tightly regulated pot shops that will offer shoppers a wide variety of products, from the smokeable “flower” most people are familiar with to cannabis-infused foods called edibles, and increasingly popular marijuana extracts used for vaping. The state requires quality testing and will regulate the kinds of pesticides and other chemicals used in growing.
“Consumers at large haven’t seen that,” Steinmetz said. “In the black market, you buy whatever the dealer has and you want him out of your house as soon as possible.”
Lilga said she expects to see retail prices drop as newly formed cannabis conglomerates use their size to price out smaller players. While there's a state tax on marijuana, the government isn't regulating how much consumers will pay, leaving that largely up to the free market.
“There’s a lot of culture and community and soul being sucked out,” she said. “We see that inevitably that a lot of people will not survive the next year.”
STORY FROM PUBLIX
5 delicious winter weeknight dinner recipes
?
'Budtender' Jason Coleman describes the effects of a marijuana-infused lubricant to customers inside the Medicine Man cannabis dispensary in Denver on April 19, 2017. Thousands … Show more
TREVOR HUGHES, USA TODAY
Steve DeAngelo, one of California’s best-known medical marijuana business owners and advocates, said he worries the new regulations will artificially limit the supply early next year, potentially driving up prices.
“Cannabis consumers deserve the same choices enjoyed by shoppers at the grocery store. While everybody would like to be able to afford heirloom tomatoes, meticulously tended in small patches and selling for $5.99 a pound — most families can’t afford them,” said DeAngelo, the CEO of Oakland-based Harborside cannabis dispensary. “Most can only afford the lower-priced tomatoes grown by larger, more efficient farms. And thankfully for these consumers, regulations allow the existence of such tomato farms.”
?
A box of joints awaits customers at Harborside Health Center in Oakland, Calif.
TREVOR HUGHES, USA TODAY
Still, the state faces major challenges in the coming months, said Kevin Sabet, the director of the anti-legalization group Smart Approaches to Marijuana, which warns that California's legalization of marijuana is creating a new Big Tobacco industry because many Americans don’t see the broader consequences of widespread cannabis cultivation and consumption.
Data about how legalization has affected cannabis use rates, particularly among kids, remains consistently unreliable. Marijuana remains entirely illegal at the federal level, most banks refuse to handle cannabis cash and employers are struggling with how to handle routine drug testing for workers in states where pot is legal.
More: Recreational pot is coming to California. Here's a map of dispensaries in the Coachella Valley
Knowing those challenges, Sabet said California should have taken more time to work out the kinks.
“Prop. 64 was written with this expedited timeline because the industry was its main author. And the industry only makes money if things are rolled out quickly, without much thought about the actual way this will operate. California is not ready for recreational legalization,” Sabet said. “The only people who will benefit from this rollout are the Silicon Valley billionaires who have invested in this whole thing.”
Silicon Valley billionaires heavily backed Prop. 64, particularly Napster co-founder and former Facebook president Sean Parker, who donated more than $1 million to the November 2016 ballot measure.
Some industry experts say they believe venture capitalists hope to commoditize cannabis production and create a legitimate cash crop. “We’re going to have more Budweiser than craft brewers,” said Lilga, the distributor. “I can tell you it’s not fun at all. This is the epitome of the corporate model.”
That corporate model is expected to generate hefty tax returns for the state: $300-$500 million in marijuana taxes in the first year, according to cannabis analytics firm New Frontier Data. That estimate doesn’t include local sales taxes and depends heavily on how quickly the industry ramps up.
Former California Attorney Genera
Report TOS
Itsssss coming....
Legal marijuana arriving in California after decades of underground dealing
TREVOR HUGHES | USA TODAY
Updated 12:31 p.m. EST Dec. 28, 2017
?
California begins legal recreational marijuana sales in 2018 and along with that, there are a host of questions about exactly how the system will work … Show more
WOCHIT
A new gold rush is sweeping California as the state prepares to launch legal marijuana sales Monday, bringing the powerful and largely underground economy finally into public view.
Marijuana has long been one of California’s most important cash crops, albeit one many visitors would never see amid the vineyards and avocado farms. Now, tens of thousands of entrepreneurs are rushing to carve out a slice of an about-to-be-legal market that has grass-growing cannabis evangelists colliding with out-of-state suits eager to make a now-legal buck.
?
Marijuana at Joy of Life Wellness Center in Palm Springs
LANCE GERBER/DESERT MAGAZINE
And there's a lot to be made: The state's existing marijuana black market is worth $13.5 billion, according to cannabis financial analysis firm GreenWave Advisors, while the legal market could be worth $5.1 billion in 2018.
More: Marijuana's legalization fuels black market in other states
“You’re taking an industry that was completely underground and making it the most regulated product of all time,” said Jessica Lilga, who runs a medical cannabis distribution service in Oakland, Calif., and hopes to expand into recreational pot. “It’s just insane.”
Legalization through voter approval of Prop. 64, which created a system for legally growing and selling cannabis, also raises concerns about whether kids will start using more marijuana thanks to increased visibility and whether the state is creating a new Big Tobacco industry that puts profits ahead of public health.
?
Marijuana plants at PSA Organica in Palm Springs
LANCE GERBER/DESERT MAGAZINE
While five other states already offer legal marijuana sales, the Golden State’s sheer size is expected to reshape the pot industry worldwide, potentially driving down prices for consumers while generating hundreds of millions of dollars in taxes. It also holds the promise of wiping out criminal records for some people with previous cannabis convictions and helping longtime illegal drug dealers go legal by getting them licensed.
Eight states and the District of Columbia have legalized marijuana, but only Colorado, Oregon, Nevada, Alaska and Washington have functioning marketplaces. Massachusetts and Maine expect to begin sales sometime later next year. Marijuana remains illegal at the federal level, but the Trump administration has made no high-profile moves against any state where pot is openly sold to adults.
?
Marijuana at Desert's Finest in Desert Hot Springs
LANCE GERBER/DESERT MAGAZINE
That has store owners scrambling to erect billboards near Los Angeles International Airport and flooding bars with street marketers. California rules limit marijuana advertising, so dispensaries are getting creative in how they reach potential customers. Med Men, which sells medical cannabis but hopes to offer recreational pot come Monday, is wrapping 30 trucks with advertisements for its four existing high-end dispensaries. Cannabis firm American Green even bought an entire town — Nipton, Calif. — to create a marijuana mecca.
Because California’s marijuana law requires all cannabis to arrive in stores pre-packaged, growers and distributers are frantically developing branding and packaging to set their wares apart.
“You’re seeing a lot more sophisticated people from other industries starting to move into the space,” said B.J. Carretta, Med Men’s chief marketing officer. “If traffic doubles in January, it can’t be amateur hour.”
California’s marijuana growers are already highly sophisticated when it comes to operating illegal farms in the mountains of the Emerald Triangle north of San Francisco. But playing by these new rules is a different proposition. California’s pot regulations require a variety of water and environmental considerations, along with tight accounting and tracking.
More: California's illegal marijuana farms force cops to wield 'green' stick
Many longtime cannabis farmers are struggling with whether to go legal, in part because getting licensed can cost tens of thousands of dollars. Additionally, many longtime marijuana moonshiners are culturally opposed to playing by the rules. For generations, they have secretly grown vast quantities of pot destined for black-market users across America.
?
Clear containers allow customers to see and smell the 20 strains of marijuana offered at the MedMen marijuana dispensary on Santa Monica Blvd in West … Show more
RICHARD LUI/THE DESERT SUN
Matt Karnes of GreenWave Advisors estimates at least half of all the cannabis grown in California is illegally shipped across state lines and sold at two or even three times the price it would fetch if sold locally as medical marijuana. Those growers have an extensive network of distributors built through mutual trust over decades of underground dealing.
“What we are going to see is not only a legal shift but a cultural shift,” said Michael Steinmetz, the CEO of cannabis distribution company Flow Kana.
Steinmetz bought an abandoned vineyard and winery in Mendocino County to serve as a centralized processing marijuana center for small growers. He envisions dozens of farmers pooling their crops to be trimmed, packaged and distributed as a premium umbrella brand.
“Commodity cannabis is going to be a race to the bottom. We want to be more like wine and less like wheat,” he said.
STORY FROM PUBLIX
5 delicious winter weeknight dinner recipes
?
A worker at Harborside Health Center in Oakland, Calif., packages marijuana cigarettes -- joints -- for customers. Harborside's founder recruits his staff from the city, … Show more
TREVOR HUGHES, USA TODAY
Like other states that have legalized recreational marijuana, California is creating a network of privately owned but tightly regulated pot shops that will offer shoppers a wide variety of products, from the smokeable “flower” most people are familiar with to cannabis-infused foods called edibles, and increasingly popular marijuana extracts used for vaping. The state requires quality testing and will regulate the kinds of pesticides and other chemicals used in growing.
“Consumers at large haven’t seen that,” Steinmetz said. “In the black market, you buy whatever the dealer has and you want him out of your house as soon as possible.”
Lilga said she expects to see retail prices drop as newly formed cannabis conglomerates use their size to price out smaller players. While there's a state tax on marijuana, the government isn't regulating how much consumers will pay, leaving that largely up to the free market.
“There’s a lot of culture and community and soul being sucked out,” she said. “We see that inevitably that a lot of people will not survive the next year.”
STORY FROM PUBLIX
5 delicious winter weeknight dinner recipes
?
'Budtender' Jason Coleman describes the effects of a marijuana-infused lubricant to customers inside the Medicine Man cannabis dispensary in Denver on April 19, 2017. Thousands … Show more
TREVOR HUGHES, USA TODAY
Steve DeAngelo, one of California’s best-known medical marijuana business owners and advocates, said he worries the new regulations will artificially limit the supply early next year, potentially driving up prices.
“Cannabis consumers deserve the same choices enjoyed by shoppers at the grocery store. While everybody would like to be able to afford heirloom tomatoes, meticulously tended in small patches and selling for $5.99 a pound — most families can’t afford them,” said DeAngelo, the CEO of Oakland-based Harborside cannabis dispensary. “Most can only afford the lower-priced tomatoes grown by larger, more efficient farms. And thankfully for these consumers, regulations allow the existence of such tomato farms.”
?
A box of joints awaits customers at Harborside Health Center in Oakland, Calif.
TREVOR HUGHES, USA TODAY
Still, the state faces major challenges in the coming months, said Kevin Sabet, the director of the anti-legalization group Smart Approaches to Marijuana, which warns that California's legalization of marijuana is creating a new Big Tobacco industry because many Americans don’t see the broader consequences of widespread cannabis cultivation and consumption.
Data about how legalization has affected cannabis use rates, particularly among kids, remains consistently unreliable. Marijuana remains entirely illegal at the federal level, most banks refuse to handle cannabis cash and employers are struggling with how to handle routine drug testing for workers in states where pot is legal.
More: Recreational pot is coming to California. Here's a map of dispensaries in the Coachella Valley
Knowing those challenges, Sabet said California should have taken more time to work out the kinks.
“Prop. 64 was written with this expedited timeline because the industry was its main author. And the industry only makes money if things are rolled out quickly, without much thought about the actual way this will operate. California is not ready for recreational legalization,” Sabet said. “The only people who will benefit from this rollout are the Silicon Valley billionaires who have invested in this whole thing.”
Silicon Valley billionaires heavily backed Prop. 64, particularly Napster co-founder and former Facebook president Sean Parker, who donated more than $1 million to the November 2016 ballot measure.
Some industry experts say they believe venture capitalists hope to commoditize cannabis production and create a legitimate cash crop. “We’re going to have more Budweiser than craft brewers,” said Lilga, the distributor. “I can tell you it’s not fun at all. This is the epitome of the corporate model.”
That corporate model is expected to generate hefty tax returns for the state: $300-$500 million in marijuana taxes in the first year, according to cannabis analytics firm New Frontier Data. That estimate doesn’t include local sales taxes and depends heavily on how quickly the industry ramps up.
Former California Attorney Genera
Report TOS
You cannot mine ripple
I live in San Diego and ballast point brewery is the Down street and always packed best pale ale and SIPC is partnering with them
Hold
This is not a 2014 green rush hype this is the real green wave 2018 is not playing and not coming back down . Load and wait this not even the beginning
This is not a runner it’s a long term runner 2018 is epic new ground for mj and sipc is a whole new animal
Someone knows something. No one would sell one share at time especially more then 10 times trying to hold it down. About to go ballistic
Done mmex
Goodbye evio . Sgby Last November was great.
Evio has no chance.
Told you red #knowit
Bet this goes red on Monday
Mmex going nowhere but down and red
Evio is done . Especially if gets rescheduled or federal legal . Everyone gonna have labs
Pump is over sell off thru Friday with ease
Deep pockets coming in. Watch out EVIO
http://www.businessinsider.com/snoop-dogg-casa-verde-funding-cannalysis-2017-11
Pump is done here next play . Friday sell off again
If it happens then evio has hopes again would be fantastic
Wow crazy. I was in downtown that night and seen him parked by sidebar . Rip
Already have just go on evio site and click locations and google map with satellite and boom nothing
One location is even in a plaza shopping center wow . Sure fooled us
Evio is a scam. Look at the locations and addresses. Some are just regular houses wow. Waldrop sure fooled us
E*TRADE won’t let me buy ?
Cali or US nothing going anywhere with AG Sessions inside good luck
Next stop .45
No news going to move it again
Got stacked . Ain’t gonna run
No news going to move it .
Subs soon
NWPN
Share Structure
Authorized: 1.2 billion
Outstanding Shares: 363 million
Restricted: 300 million
Float : 5,401,716
Par Value: 0.0001
http://www.thenowcorporation.net/
Share Structure
Authorized Shares 1,250,000,000 a/o Jan 10, 2017
Outstanding Shares 391,251,716 a/o Jan 10, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 90,697,356 a/o Jan 10, 2017
NWPN next salami hit
Big news coming. After current
Small float
See you at sub penny
Evio