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Time to move up today. Were getting very close to news that will make this take off. Don't miss it.
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Texas removing hemp from controlled substance list on April 5
By Jennifer Kendall, FOX 7 Austin
Posted Mar 22 2019 08:53PM CDT
Video Posted Mar 22 2019 09:26PM CDT
Updated Mar 23 2019 03:38PM CDT
AUSTIN, Texas (FOX 7 Austin) - In two weeks, hemp will no longer be considered a controlled substance in Texas, but there are still several questions the state legislature will need to clear up when it comes to the production of hemp.
“Every day it seems like more and more people are coming through this door saying, ‘I'm curious about CBD,’” said Haley Baros, store manager at SunUp CBD.
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“The three main benefits that we hear our customers using CBD for are they're looking for relief with stress and anxiety, pain and inflammation or to help regulate sleep,” Baros added.
?A field of legal cannabis plants selected for their low content of THC grows on August 25, 2014 near Meaux, France. (Photo by Sean Gallup/Getty Images)
Although, opening a CBD shop has been a little bit risky in Texas. However, that's about to change
“They've been operating in kind of a legal grey area. This pushes us towards clearing it up,” said Jax Finkel, executive director of Texas National Organization for the Reform of Marijuana Laws.
With the passage of the 2018 Farm Bill, the federal government removed hemp from the list of controlled substances and now Texas is complying with that law by doing the same. “The great news is you're not going to be arrested for it or prosecuted for it. Let’s say you're selling CBD oil and they come in and it's not properly approved or sanctioned, then you would go through a regulatory process just like any other business that would have an issue like that,” Finkel said.
However, there are still some things Texas lawmakers will need to clarify, like labeling and testing products, or whether ingestible CBD oil must be approved by the Food and Drug Administration.
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“If someone thinks they're getting one thing, that should be what they're getting,” said Finkel.
When it comes to growing hemp, that's still to be determined.
“It can be confusing. Hemp's been declassified, yet it's still kind of restricted because the 2018 hemp bill says you have to grow under a state sanctioned program. We don't have that,” Finkel said.
Still, providers like SunUp CBD said removing hemp from the controlled substance list is a step in the right direction. “Not even so much for our business, I think for our clients and our customers, they're going to be able to have more access to this, easier access. I'm sure more CBD companies will pop up here. It's just going to become more accessible to the people that really need it,” said Baros.
The Texas Compassionate Use Act already allows people with intractable epilepsy to legally use medical cannabis oil if they meet certain qualifications. The law only allows oil high in CBD and low in the psychoactive ingredient THC. Compassionate Cultivation CEO Morris Denton, who owns one of three companies allowed to legally produce medical cannabis, said this about the state’s decision:
“It's clear with the rapid explosion and proliferation of CBD stores that Texans want access to this product. Unfortunately, and unbeknownst to many Texans, they are purchasing products without knowing anything about quality and consistency as CBD is unregulated outside the Compassionate Use Program. It's time Texas creates and puts in place clear, understandable and enforceable laws that regulate this product in order to ensure the health and safety of Texans.”
There is currently a bill in state legislature proposing the legalization of hemp and CBD.
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Deadly auto pedestrian crash in Williamson County
By Jacqueline Sarkissian, FOX 7 Austin
Posted Mar 26 2019 06:49AM CDT
Updated Mar 26 2019 08:15AM CDT
One person is dead after an auto pedestrian crash in Williamson County.
The crash happened in the 6800 block of SH 195 near Ronald Reagan Boulevard in Florence a few minutes after 5 a.m.
Northbound SH 195 was shut down for several hours but the scene has now been cleared and all lanes are back open.
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Austin gun rights activist sues ATF over bump stock ban
By Jennifer Kendall, FOX 7 Austin
Posted Mar 25 2019 09:09PM CDT
Updated Mar 25 2019 09:20PM CDT
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Bump stock owners were given 90 days to comply by destroying or turning in the devices, but that period ends at midnight.
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By Steven Sarabia, FOX 7 Austin
Posted Mar 25 2019 08:29PM CDT
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Fantastic news, once the bill passes in Texas we will fly. "As soon as next week"
That's huge news imo. Glad I hung out with this to be badass ticker. We already plowed the land ready for planting, put your boots on, were ready too go... Thanks for the post Flr1.
Pete and repete, ahhh the memories
Just an update on pura.
WCVC Formally Enters Cannabis Sector And Announces 420 Launch Date
Source: InvestorsHub NewsWire
WCVC Formally Enters Cannabis Sector And Announces 420 Launch Date
Denver, CO -- March 26, 2019 -- InvestorsHub NewsWire -- West Coast Venture Group, Corp. (OTCBB: WCVC) (“WCVC”) today announced the company will further solidify its partnership with North American Cannabis Holdings, Inc. (USOTC: USMJ) (“USMJ”). WCVC and USMJ entered into an agreement last year where WCVC agreed to manage the rollout in Denver of the AmeriCanna Cafe, founded by USMJ and spun-off into an independently listed public company. The independently listed company is Priority Aviation (USOTC: PJET) and a name change is pending in conjunction with the new cannabis restaurant business. Since entering into the partnership with USMJ, WCVC has begun carrying EVERx CBD Sports Water at WCVC’s Illegal Burger restaurants. EVERx is a product produced by USMJ sister company Puration, Inc. (USOTC: PURA) (“PURA”). WVCV is on track to manage the rollout of the AmeriCanna Cafe this spring. Between the robust sales of EVERx and the response WCVC has had to their role in the AmeriCanna Cafe project, WCVC has decided to advance the relationship into an equity partnership so WCVC shareholders can benefit from the equity appreciation of the cannabis business WCVC is already managing. WCVC and USMJ expect to announce the details of their partnership in conjunction with the upcoming 420 celebration.
Learn more about USMJ at www.growusmj.com and www.usmj.com
Learn more about PURA at www.purationinc.comand www.drinkeverx.com
Learn more about WCVC at www.westcoastventuresgroupcorp.com and www.illegalburger.com
About West Coast Ventures Group Corp.
Based in Denver, Colo., West Coast Ventures Group Corp. (WCVC) develops, owns and operates two contemporary restaurant concepts: Illegal Burger, a quick-casual burger + bar concept, and El Señor Sol, a full-service fresh Mexican restaurant (6 total restaurant locations in the Denver, Colorado area). Led by seasoned restaurant entrepreneurs, WCVC management is committed to scaling both modern sustainable concepts into national franchise models operating metro-styled restaurants serving only the finest and freshest natural ingredients.
Forward-Looking Statements
This document may contain forward-looking statements, relating to West Coast Ventures Group Corp operations or to the environment in which it operates, which are based on West Coast Ventures Group Corp operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond West Coast Ventures Group Corp control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. West Coast Ventures Group Corp disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Steven Rash
CEO North American Cannabis Holdings, Inc.
info@aciconglomerated.com
+1-800-861-1350
www.growusmj.com
Jim Nixon
CEO West Coast Ventures Group, Corp.
+1(303)423-1300
info@illegalburger.com
https://www.westcoastventuresgroupcorp.com/ ;
https://www.illegalburger.com/
All we need is some volume in here and we move up. Solid buys thus far.
Smack that ask and we move up today.
I'm still holding my C shares...lol what's up with that?
Really nice buys the past couple days, keep it up and we will start trending up which is always great before news comes.
Opening chart says we can go above 5 today. Is this a sign something is comming?
KALY Patented Cannabis Extract COPD Treatment Research Validates Pharmaceutical Potential
Source: InvestorsHub NewsWire
New York, NY -- March 25, 2019 -- InvestorsHub NewsWire -- via NextBigtTcker.com
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Kali-Extracts, Inc. (USOTC: KALY) last Friday, March 22nd, published the research results from the recent trial of its pilot treatment for Chronic Obstructive Pulmonary Disease (COPD) in primates using an extract derived from KALY's patented cannabis extraction process. The independent research publication reported that the KALY compound improved respiration in infected primates further validating previous in vitro studies of KALY’s cannabis compound. The research publication recommended next stage trials. The research publication elevates KALY from just having a patented extraction process to actually having the potential of being able to produce a cannabis extract pharmaceutical product.
KALY Potential PPS Run From $0.01 to $0.10
KALY has the potential to run from its $0.01 PPS level to $0.10 in the near term. Shortly after the 2018 Q4 acquisition of the patented cannabis extraction process, the company PPS shot from sub-penny land to almost $0.04 on volume that put it in the top 20 most actively traded stocks on the OTC Market. The PPS retraced back to $0.01 and has been holding that price with a healthy trading volume. With the research publication now validating KALY as a serious pharmaceutical contender, the PPS is positioned to shoot past the recent $0.04 highs to a level putting it on par with some of the other penny cannabis stock contenders such as PotNetworks Holdings, Inc. (USOTC: POTN) and Medical Marijuana, Inc. (USOTC: MJNA). A $0.10 PPS is a reasonable milestone following the company filing its upcoming annual reported expected to include the company posting its first revenue derived from its cannabis extraction process.
KALY is providing CBD extracts for over $1 million worth of CBD infused water produced by Puration, Inc. (USOTC: PURA), and KALY has also introduced its own CBD infused gum. When the annual report is published in April, the first sales will be officially on the books and likely catapult the KALY PPS up to the $0.10 range were it justifiably should be. Between now and the filing of the annual report, the KALY PPS stands to return to its previous $0.04 high on anticipated news regarding its cannabis pharmaceutical developments and wellness product sales.
Following the acquisition of the patented cannabis extraction process late last year and the corresponding jump in price and trading volume, the OTC Markets flagged the company in response to the jump in activity. The company has responded by updating all its OTC Markets required reports. Management is likely to mitigate the OTC Market’s concerns sooner or later and see the flag removed which will likely be yet another impetus fueling a KALY PPS run. It could be a good time to accumulate KALY now under $0.04 before the positing of the company’s annual report or the removal of the OTC Markets flag.
Management engaged Goldman Small Cap Research to conduct analyst coverage of the company and file an initial analyst report: KALY Research Report
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
Source: www.nextbigticker.com
News out.
Nice buys comming for the second day. This continues we move up without news. When the news comes, boom time. This will all come about in a very short time. Filings are in, just waiting on OTC.
Ok Doc, see ya on the rebound. Glty.
Paint???
Every time someone comes here and test this, it moves on air. This could fly very easily. This play I been sitting and waiting for it to get active. Its starting to get noticed again. As always just a matter of time when its up and running, waiting...
I feel the same, anything would service. Hey, hung on this long, will hang out to see what happens. I agree does suck. He needs to update. When's filing due?
Nice post ITTB.
Good question, filings I would say and Texas results with hemp and CBD Clarence.
PR stated, starting phase 2. That's why they posted results from phase 1.... Hummm
Show me other COPD testing with CBD extraction. You can't, there's no other companies doing it as far as I checked.
That are confirming results before hand. Not hard to understand, its called testing, takes different phases, were getting into phase 2.
Hopefully we break 5s today see 6ers and 7s. Nice buys yesterday, hope they continue with news.
Their trying to bring her down here, hit the ask peeps we continue up.
Don't worry about it smack the ask, something big comming hold tight or hit the ask. Its boom time
Push it...woooohooo
Kaly kicking ass.
Close 18? Could be done easily from here.
PURA, Kaly and NOUV, all getting brought up, nice buying going on in all three. Big things down the line here, NOUV for the biggest gains to come. The silent partner.
M&me trying to hold this down, cause they know this will fly with the first loose grip. Its going to slip through, and when it does no bars hold.
We be on verge to new highs imo. Keeper going.
Nice buys hitting, were going up here.
Buys starting to hit. Take off time.
PURA dividend news comming tomorrow, Kaly news comming, its time for NOUV news... Lets see it. To the moon.
Huge, for nouv, Kaly and PURA. NOUV and Kaly based in Texas.
https://hempsupporter.com/hemp-declassified-in-texas/
With this being said, I have no doubt the 100 acres will move forward in seeding shortly. This is HUGE for nouv, now with this, NY, NJ, and Canada. We will be picking up pace to where we should be, down the road here shortly, we will be happy we hung on to this.
Break 0012 we go higher. This will move on air,.
There's a lot in NOUV playing field. NY and Jersey are on the verge of legalization. Keep your eyes peeled for updates on this also.
ALYI has engaged the services of Nouveau (USOTC: NOUV) (“NOUV”) to manage the hemp farming operations. Puration, Inc. (USOTC: PURA) (“PURA”) recently spun-off its cannabis cultivation operation to NOUV.