Lp,s are doomed!
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We headz, have known this for a while now…lol
Knowledge is power!
They are all ready sold out… Go Tilray $$$
Give it a few weeks…
Ok dude
I have mark your words
Lets wait
Also, there are "new" recreational cannabis products in 🇨🇦 today that didn't exist 5 years ago in the illicit market.
Were they tested by Health Canada for potential adverse health effects? Are they being sold in Canada's medical channels to veterans, subsidized by H.C.
They sell moldy weed that gets destroyed.
They have to sell under cost.
Losing billions.
But you would have found that out pretty fast if you had partake that crap.
Cannabis aficionados buy bulk from Legacy
Customers have 2 options… purchase bunk from lps at a substantial cost and get fuck in the process, never to return.
Or buy a pound delivered for 400$ AAAA Legacy Internet same day delivery.
When suckers purchase expensive lps bunk and write negatives on the web… folks notice…
Or when little lodas comes to the school party and shouts ´´i’ve got some lp weed’´, dude immediately gets thrown out…lol
That is how strong his love is for lpees.
Cannabis naive suckers don’t buy weed from LPs, they only buy shares.
They don’t even know that lps weed is bunk…
So muck for due diligence.
They are all fucked!
They just don’t know it just yet… 😂
Not the way i run my biz. Lol.
Hype left the station long ago with… Linton lol
X
You are way too late dude.
Should have sold at 70 and call it a day.
You will still be here with all your sucker friends 10 years from now b]BROKE!
You live under a rock?
Growing bunk is not popular with headz.
But suckers love to purchase this dog.
Selling bunk under cost spells doom…lol
Lodas… you have read my chart?
Selling under cost is not the way i would run my business.
But that is just me.
I don’t like to lose.
But you do.
Bunk weed is a bitch.
Ain’t it? Lodas??
Of course none of this is illegal in any way and was properly disclosed in filings. It's just interesting given the recent sale of Canopy's original - some would say historic - headquarters back to its original owner, Hershey Canada.
The famous Hershey property has a really interesting history.
Most ppl think think Canopy bought it from Hershey. Not so. Let's take a closer look.
Canopy only acquired the property in 2017 for $6.6M from a company called Tweed Hershey Drive Inc
The majority owner of Tweed Hershey Drive Inc was Mr Linton—also Canopy's CEO—who received 70,800 of the 94,397 shares issued for the transaction.
This filing shows that canopy had been leasing 'a portion' of the facility from Tweed Hershey Drive Inc— Linton's company—and the lease expense incurred for the PARTIAL year ended March 2017 was $2.1 million.
The previous FY's lease was $2.4 million.
sec.gov/Archives/edgar…
"Lease agreement dated December 27, 2013"
So the lease went from 2013 until Canopy purchased the property in 2017.
TWEED HERSHEY DRIVE INC., previously known as 2387974 ONTARIO INC., was created Sept 13, 2013
Mr Linton was being compensated via a 'consulting agreement' between Canopy/Tweed and his holding company, HBAM Holdings Inc.
Says here the initial term was July 1, 2013 to July 1, 2015 & thereafter was month-to-month.
Monthly fee was $16,667.
Bruce was the MAN!
The tycoons of Canadian cannabis made money all kinds of different ways, while their businesses sustained massive losses. One was buying property and leasing it back to the company - for years and years - as was the case with Canopy Growth and its cofounder, Bruce Linton. 🧵
That is how you make money you fools…
Help your CEO cash in!
They are working hard for all you suckers.
So basically Bruce Linton and his buddies appear to have bought the Hershey property for $1.6 million in ~2012 (per @JamesonBerkow reporting), then leased it to Canopy (THEIR company) for 4 years before selling it to Canopy for $6.6 million—for a 300%+ return.
So basically Bruce Linton and his buddies appear to have bought the Hershey property for $1.6 million in ~2012 (per @JamesonBerkow reporting), then leased it to Canopy (THEIR company) for 4 years before selling it to Canopy for $6.6 million—for a 300%+ return.
Easy… they sell under cost… they lose money every single day.
Brass are making all the money.
They are working hard.
Help them make some more cashola.
Invest as much as you can.
$$$Tilrayto the moon!!!
Rejoignez-nous les 13 et 14 septembre prochains à @expo_cannabis lors de laquelle notre président/directeur général, Pierre Leclerc (@pettheclerc), participera à 3 conférences. Pour voir le programme complet: https://t.co/LeNaA6lpI5 pic.twitter.com/X9OiTCQGuk
— Association québécoise du chanvre et du cannabis (@AQICQC) September 6, 2023
Congressman Introduces Bill To Withhold Federal Funding From States With Legal Weed
A Republican congressman has introduced a bill that would deny federal funding to states and tribes that have passed laws permitting recreational marijuana use.
Bonno
SEPTEMBER 6, 2023
Rep. Chuck Edwards, who represents a district in western North Carolina, unveiled the “Stop Pot Act” on Friday, saying that the bill “will withhold 10 percent of federal highway funds for governments that violate federal law under the Controlled Substances Act, which prohibits recreational marijuana and classifies it as a Schedule I drug.”
The legislation “does not apply to jurisdictions that authorize medical use of marijuana when prescribed by a licensed medical professional,” the congressman’s office said in a press release.
“The laws of any government should not infringe on the overall laws of our nation, and federal funds should not be awarded to jurisdictions that willfully ignore federal law,” Edwards said in a statement.
“During a time when our communities are seeing unprecedented crime, drug addiction, and mental illness, the Stop Pot Act will help prevent even greater access to drugs and ease the strain placed on our local law enforcement and mental health professionals who are already stretched thin.”
Edwards’ bill is being introduced amid a sea-change in marijuana policy across the United States. Twenty-three states have legalized recreational cannabis for adults. Recreational canna has also been made legal in the District of Columbia, and the U.S. territories of Guam and the Northern Mariana Islands. As local news station ABC11 reported, Edwards’ bill also “comes as the Eastern Band of Cherokee Indians is set for a referendum election next week that has a question about whether to legalize the sale and use of recreational marijuana on tribal lands.”
If the referendum passes when the vote is held on Thursday, “the Qualla Boundary will be the only place in North Carolina to buy marijuana legally for recreational use,” Edwards’ office said.
But marijuana remains illegal on the federal level due to its status under the Controlled Substances Act.
In the press release for the bill on Friday, Edwards’ office noted that the measure has been endorsed by “Smart Approaches to Marijuana Action,” a coalition that aims to create a society “where marijuana policies are aligned with the scientific understanding of marijuana’s harms, and the commercialization and normalization of marijuana are no more,” and the Christian Action League.
“Today’s marijuana isn’t Woodstock Weed. It is a highly engineered drug that’s often wrapped in kid-friendly packaging, with potencies of up to 99 percent. The legalization movement has worsened America’s mental health and addiction crisis by preying on communities of color and young people. Today’s commercial marijuana products are associated with depression, suicidality, IQ loss and most recently psychosis and schizophrenia, especially for young people,” Smart Approaches president and CEO Dr. Kevin Sabet said in a statement.
“Federal law is clear – sales of marijuana and THC drugs are illegal. Congressman Edwards’ ‘Stop Pot Act’ holds states accountable for violating federal law and undermining the authority of the FDA and the DEA. In states across the country, we’ve seen marijuana and THC drug legalization lead to increases in marijuana-related driving crashes and deaths. As CBS News reported just today, a recent study found that in states where cannabis is legal, cannabis-related DUIs happen 32 percent more than in states where the drugs are not legal.
By following the model used to raise the legal drinking age to 21 and making highway funding conditional upon responsible marijuana policy, this bill will improve roadway safety. That’s good news for everyone.”
The Eastern Band of Cherokee Indians have been preparing for a multi-million dollar dispensary for months, although the project has hit snags along the way.
In May, Richard Sneed, the principal chief of the tribe, said that he “vetoed the Tribal Council’s recent approval of the final $64 million for the project because the original proposal said the entire project would be completed for $50 million.”
“The fact that this project’s original cost for an outdoor grow, an indoor grow and an indoor dispensary was $50m, and we are now being told it is $95m, demonstrates that there is an immediate need for a full accounting of the money that has been expended to date,” Sneed wrote in a Facebook post at the time.
The tribe has been working to convert an old bingo hall into a marijuana superstore, which would be the only dispensary (medical or recreational) in the state of North Carolina.
Last fall, the tribe announced that it was beginning to grow its inaugural cannabis crop after a 2021 vote to legalize medical marijuana on its land.
“The Council’s approval of a medical marijuana ordinance is a testament to the changing attitudes toward legal marijuana and a recognition of the growing body of evidence that supports cannabis as medicine, particularly for those with debilitating conditions like cancer and chronic pain,” Sneed said in 2021 following the vote.
I’m thinking 36$ by friday!!!
The nation’s largest cannabis multistate operators reported a slowdown in revenue growth in the second quarter, which ended June 30, with efforts to cut costs offset by oversupplied state markets.
Wholesale marijuana price compression continues to plague the industry in most states, including Arizona, Florida, New York, Ohio and Pennsylvania.
Also, the slow pace of reform at the federal and state levels is stunting growth opportunities, according to operators and analysts. (Although the recent news that health officials in the Biden administration recommended that marijuana be reclassified from a Schedule 1 substance to Schedule 3 is encouraging for the industry.)
Many MSOs cut costs in recent quarters, promising to “optimize” operations to generate cash and avoid borrowing at high interest rates.
But those efforts could also have slowed growth, said equity analyst Jesse Redmond, the head of the cannabis sector at Florida-based Water Tower Research.
Still, the top six MSOs generated an average of 1.6% quarter-over-quarter revenue growth and 6.5% quarter-over-quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) growth, Redmond said.
“So that’s not terrible,” he told MJBizDaily reporter Kate Robertson.
“It shows we’re seeing a little bit of growth from new stores in existing states, because not much exciting has turned on and because of some improving prices, especially in California.”
But prices aren’t improving or stabilizing everywhere quite yet - one example of how fragmented state markets make it increasingly difficult to generalize about MSO performance, Redmond warned.
Dr Bonno
06-09-2023
Closure of cannabis dispensaries and clubs amid drug poisoning crisis a mistake
Opinion: A recreational cannabis market does not and will not meet the need of people with chronic pain who rely on cannabis for pain management.
Since B.C. declared a province-wide public health emergency in 2016, close to 12,000 people have died due to the poisoned drug supply. The province recorded over 2,000 deaths in 2021 and again in 2022. In January 2023, an alarming 211 deaths were recorded.
Many have pointed to the role of chronic pain in fuelling this drug poisoning crisis.
Construction workers, who represent 20 per cent of drug poisoning deaths in B.C., have been vocal about the prevalence of chronic pain and the high rates of substance use in the industry.
People living with chronic illnesses and injuries that result in ongoing pain have also faced significant challenges, including being cut off from or denied access to prescription painkillers, experiencing stigma from health-care providers, and resorting to the illicit opioid supply to manage their pain.
Chronic pain is also a recurrent theme in research conducted with people who use drugs in B.C. The prevalence of chronic pain is much higher among people who use drugs (48 to 60 per cent) compared to the general population (11 to 19 per cent) — which explains why self-medicating is also much higher.
Our policies, systems, and practices have created conditions in which people who experience chronic pain are dying.
Unfortunately, B.C. has not learned this lesson.
Despite cannabis being a safe and effective pain medicine that experts say could prevent drug poisoning deaths, the province has been actively working to close long-standing community-level access points, such as cannabis dispensaries and clubs (e.g. cannabis compassion clubs and cannabis buyers clubs).
Leading to cannabis legalization, the B.C. government had an opportunity to develop a regulatory regime that would preserve these storefront community-level access points and uphold compassionate access to cannabis for people experiencing chronic pain.
Instead, it decided to dedicate resources to eliminating dispensaries and clubs, leaving thousands of people who relied on cannabis for pain management without access.
Last month, I listened to members of the Victoria Cannabis Buyers Club describe how cannabis changed their lives and why they need community-level access to cannabis products that meet their pain management needs. Chronic pain was the common denominator among the members.
They explained that without access to the club’s low-cost cannabis products, their pain would be so severe that they would be forced to stay home and unable to carry out their daily activities.
I could hear the emotion in their voices as they talked about the positive impact of cannabis on their health and quality of life, their fear of losing access if the club closes, and the barriers they face in accessing cannabis through the recreational market — a market that was never intended for them and cannot meet their pain management needs (e.g., dosage and products) nor provide.
Concretely, closing dispensaries and clubs means that thousands of people who relied on cannabis for pain management for decades prior to legalization have lost or are at risk of losing access to an effective medicine. It also means that the province is actively cutting off access to a lower-risk alternative to the poisoned supply of opioids, one that has been shown to play a beneficial role in saving lives.
For example, in a B.C. study among people who use drugs, those using cannabis for pain relief had significantly lower rates of overdoses. This study also reported most relied on community-level access points for an affordable source of cannabis. This is consistent with a dozen Canadian studies conducted with people who use cannabis to relieve pain and other symptoms, all of which noted that community-level access points such as dispensaries and clubs served more people than the Health Canada medical cannabis program.
Instead of closing dispensaries and clubs, the province should follow the evidence produced by local researchers and listen to people who rely on these community-level access points to manage their pain. It is not too late to reverse course, starting with the Victoria Cannabis Buyers Club.
Preserving access to cannabis — a safe and effective medicine for chronic pain — should be the priority as British Columbians face a primary care crisis, long delays in accessing pain management, a drug poisoning crisis that is killing seven people every day, and a recreational cannabis market that does not and will not meet the need of people with chronic pain.
United Nations: "As of 2020, 64 countries had provisions in their legislation to allow for the medical use of cannabinoid pharmaceutical preparations and/or cannabis-herb-based products."
That's about 1/3 of all countries with some kind of cannabis/cannabinoid regs in place.
Periodic reminder that I report on news affecting the cannabis industry, whether it's 'good' or 'bad' news for businesses. That's how this works. I ask hard questions; the harder, the better. If you want a cheerleader, or the opposite of that, please look elsewhere.
Tuesday 5 September 2023 Dublin: 15°C
Legacy rules!
Body of eight-year-old girl recovered following search operation off Cork coast
Assistant Commissioner Justin Kelly, Organised and Serious Crime, addressed the Citizens’ Assembly on Drugs Use
Senior Garda tells Citizens' Assembly on Drugs Use he has 'grave concerns' over legalisation
This weekend’s meeting will consist of talks and workshops looking at Ireland’s present legal approach to drugs, and possible ways forward.
05-09-2023
GARDAÍ WOULD HAVE “grave concerns” around any potential legalisation of controlled drugs, a senior officer has said.
Garda assistant commissioner Justin Kelly told the Citizens’ Assembly on Drugs Use in Dublin that international experiences had shown that legalisation did not remove the influence of organised crime groups in the illicit drugs trade.
The assembly is holding its fourth meeting over the weekend, with a focus on the criminal justice and legal system.
Delegates are considering the legislative, policy and operational changes Ireland could make to significantly reduce the harmful impacts of illicit drugs on society.
Kelly told the assembly that the force’s priority is to target those involved in the sale and supply of drugs, rather than those in possession of drugs for personal use.
The senior officer said that very few people are imprisoned in Ireland for possession offences.
He said: “In 2022 nationwide we initiated approximately 11,000 Section 3 prosecutions.
“This resulted in 261 individuals receiving sentences of imprisonment or suspended terms of imprisonment.
“Every one of these people had multiple previous convictions. In fact the median number was 76 previous convictions.
“To be clear not one of this 261 was a first time offender.
“In our current system it is not the norm to be imprisoned for personal use of drugs possession.”
embedded271757425MAXWELL PHOTOGRAPHY / PA Citizens’ Assembly chair Paul Reid
He added: “The focus of all our drugs units around the country and on the Garda National Drugs and Organised Crime bureau is on the sale and supply, not on possession.
“Our focus is on targeting those harming our community by supplying drugs.”
The officer said: “An Garda Siochana is supportive of the current health-led approach but has grave concerns around any potential legalisation of controlled drugs.
“These concerns are based on the implications for the whole of our society, not focusing just on those who consume drugs.”
The meeting also heard examples of how the courts, police and community organisations can help divert those who use drugs away from criminalisation through a range of health and education-led interventions and rehabilitation methods.
Chair of the Citizens’ Assembly on Drugs Use Paul Reid said: “We are now over halfway through the assembly’s work programme and are starting to focus on what type of final recommendations we will make.
“As part of this, it is extremely important to consider the views of those involved in how the justice system manages the drugs issue.
“This is an extremely complicated discussion.
“Members are being provided with a significant level of detail and a range of views that will help us make an informed set of recommendations. I want to thank all speakers and members of the Assembly for their commitment and effort in our important work.”
Crime & Law
Large increase in cannabis being smuggled into Ireland through postal system
Posting of drugs soared in pandemic and has remained high since with 799 packages containing cannabis seized so far this year.
Figures from Revenue show the total weight of cannabis seized in the first seven months of 2023 was 241 tons. Photograph: Cindy Schultz/New York Times
Conor Gallagher
Sat Sep 52023 - 05:00
The legalisation of cannabis in Canada and parts of the United States has been linked to a large increase in the drug being smuggled into Ireland through the postal system.
Figures obtained by The Irish Times show that so far this year authorities have seized 799 postal packages containing 10 tons of cannabis worth millions. These are generally seized in postal centres, through the use of intelligence profiling and X-ray machines.
The figures from Revenue show the total weight of cannabis seized in the first seven months of 2023 is 10 tons. In terms of total weight, this is a 55 per cent increase on the amount seized in 2019, the last comparable pre-pandemic year and almost five times the amount seized from the postal system a decade ago.
[ Decriminalising drugs won’t work due to ‘criminal lunatics’, Citizens’ Assembly hears ]
Cannabis seizures from the postal system began to increase in 2018 and soared during the pandemic years of 2020 and 2021. This was attributed to regular smuggling routes being shut down as a result of trade disruptions and travel restrictions.
In 2020, a record 3,703 postal packages of cannabis, worth €37million, were intercepted. The following year, 4,789 packages worth €901 million were detected.
The use of the postal system to smuggle cannabis has remained high since the end of pandemic restrictions. Cannabis worth €7091 million was seized last year, with this year on a similar trajectory.
[ No doctor thinks ‘the odd spliff’ is disastrous but cannabis use disorder is a real problem ]
Officials point to the legalisation of the drug in much of North America as a partial explanation.
“When a country legalises a drug you can sometimes see a spike, especially in the parcel importations,” senior Revenue official Andrew Ryan said.
“Cannabis comes in from a lot of different countries. Because it’s legalised in Canada and the USA in recent years both countries have become high risk and we’ve seen quite a lot of cannabis coming from there,” said his Revenue colleague, Shane Conway.
Canada legalised and regulated cannabis for recreational use in October 2018. Adults can possess up to 30g of cannabis and can grow up to four cannabis plants per household.
In the US, recreational use of cannabis is legal in 23 states and decriminalised in another eight. Colorado and Washington became the first states to legalise the drug in 2012.
[ More than 3,000 people hospitalised after taking cannabis products in four-year period ]
Possession and supply of cannabis, including bringing it in from countries where it is legal, remains a criminal offence in Ireland. Medical use of the drug can be allowed in very specific circumstances and there are growing calls for the drug to be legalised for recreational use.
The issue is currently being considered by the Citizens’ Assembly on Drug Use, which is tasked with examining ways to reduce harmful drug use in the country.
In its submission to the assembly, the Labour Party called for legalisation for recreational and medicinal purposes, although Government Ministers have expressed concern about such a move.
Simon is nowhere to be found… too shameful to show up.
Very pleased to announce I’m speaking at the @GrowUpCanada conference in Victoria, BC on Sunday October 1st! 🧡
— Jodie Giesz-Ramsay (@JodieEmery) September 5, 2023
The panel is about consumption spaces — we’re discussing why lounges are necessary, and how to make them a reality!
See you there! 🤗 https://t.co/hC2dCEj5ie
Hype has left the station dude… you are late in the news.
Tilray is selling weed under cost.
Not to worry but, as it don’t matter one bit.
100$ by monday!
Mark my word!!
Yup… these suckers simply don’t know what is going down in the cannabis business world.
Next Q will be a mess. 😂 😂
Prices to drop even more… but they are all ready selling cannabis way under cost… what is Simon next move?
Should they start to sell toilet paper?
I bet they could make a little money there… 😂
Tell me!
Look how clean this flowering room is after a week 3 defoliation 🙏 @AtlCultivation doing a great job keeping the ladies healthy and clean🔥 pic.twitter.com/UTwb5Zb4xJ
— Chris C (@ccatlanticnl) September 1, 2023
All these headlines about Canadian pot stocks climbing after that announcement in the US yesterday about rescheduling makes me laugh. It's still a blip in a sea of red, long term pic.twitter.com/xLLkXDXZrt
— 💥 𝓓𝚊𝚟𝚒𝚍 𝓑𝚛𝚘𝚠𝚗 ⌨️ (@drowbb) August 31, 2023
I prefer the cannabis culture…
We don’t like stock market weed…
🌿🌳🌱 @CCHQstore 💚 pic.twitter.com/v1M772a3o2
— Jodie Giesz-Ramsay (@JodieEmery) August 30, 2023
Sorry, i was wrong!
I just checked and my free account has 30 free posts per day… the brass in the U.K. like me i guess… 😂
Account Level: User level Free: 30 posts per day
We are only playing here… don’t be so 🧐…lol
Speaking with craft growers in Ottawa today.
Concensus among them all :
Large Producers produce bootleg cannabis. (Mold problem)
Craft Growers grow fine 🥂
What is this “Bonno maybe ?” Insinuation b.s. all about?
Maybe what?
Not shure of what?
Be a man! Spell it out!!
You can do it…
My record here is clean.
I provide known facts.
I don’t pump ever contrary to most suckers.
I’ve been destroying stock market weed from day ☝️ Dude…lol
Check my daily post ever since 2014.
Message is the same!
I.E. stock market weed is a bust.
I said the same thing in Ottawa when Trudeau’s gov was working on implementing this Ponzi.
Along with every who’s who in the cannabis Legacy market.
Message was clear.
Legacy put their money were their mouth was… millions were thrown at court challenge up to the Supreme court.
You don’t include legacy, you fail big time…
The rest is history.
11 years later… the writing is on the wall for all to see!
Well, not all.
Still a few suckers lingering…