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I trade on the news and what I can imply from it. We know Fitx is renegotiating the contract. We also know they have other property will they may plant hemp. Also there was some talk of a license re hemp. Therefore are conclusion could be they are going to make some announcement about the above. I trade on the news, not on trends and not on technical s.
Then it may be the new contract, or other contracts made as a result of that contract or no contract both parties rescind. What on page 22 Joseph199 are you referring to?
Honestly I think its obvious with company we now own 51 percent of that something is in the works. I have no knowledge other then the reasonable implications of the news.
However other then what is on the boards I do not have any information re inspection.
They are also looking from a security point of view and what system is being used to assure all seeds and product are accounted for.
Even if they find something minor no big deal. Go Fitx, thanks for the post Peter.
IMO NO WAY Monday.
Thanks for the posts. A lot of these applications rejected for incomplete. How can the average pot grower even afford a system required to account for MJ.?? Thanks for the post very informative.
A spokeswoman for Health Canada did not respond directly to questions about the department's ability to handle the massive influx of licence applications.
But Sara Lauer said of the 858 received as of May 20, 370 were returned as incomplete, 149 were refused and 30 withdrawn.
That still leaves 289 applications stacked in the department's inbox for review, which is time-consuming.
"Before a licence is issued ... producers must demonstrate how they meet extensive personnel security checks, physical security requirements, record-keeping equipment, and quality control requirement," Lauer said.
"The r
Marijuana dispensary says ‘the stoners’ are winning in Congress
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By Elise Viebeck - 05/30/14 03:37 PM EDT
The largest U.S. medical marijuana dispensary has a message for Congress: "Wake up and smell the cannabis," because "the stoners" are winning the debate.
The Oakland, Calif-based Harborside Health Center made the statement Friday while praising House passage of a proposal to block the federal government from targeting medical marijuana in states where it is legal.
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Approval of the amendment from Rep. Dana Rohrabacher (R-Calif.) has been a goal of the medical cannabis movement for "almost 20 years," said Steve DeAngelo, executive director of the Harborside Health Center.
"Its passage is a clear sign of our movement's growing political sophistication and potency," DeAngelo said in a statement. "Prohibitionists who predicted 'the stoners' would just lose motivation and forget about it have been proven decisively wrong."
DeAngelo also called on federal law enforcement officials to drop actions against medical cannabis users operating legally in their states.
The Republican-led House approved the Rohrabacher proposal early Friday in a vote of 219-189. The language is part of a 2015 spending bill for the Justice and Commerce departments, which also passed the House early Friday.
Approval by the lower chamber is not enough for the language to become law. The Senate must also include the amendment in its appropriations bill, and the two measures must be reconciled into a version that President Obama will sign.
The Rohrabacher amendment specifically prohibits the Drug Enforcement Administration from spending money to arrest or prosecute medical marijuana patients and providers who are approved by their states.
It follows a series of raids of marijuana facilities by the Justice Department in some of the 22 states where the drug is legal for medical use.
The measure split the Republican Doctors Caucus.
Anesthesiologist Andy Harris (R-Md.) said medical marijuana was "not modern medicine" during a floor debate and urged members to oppose the amendment.
Another member, general practitioner Paul Broun (R-Ga.), said medical marijuana has "very valid medical uses under direction of a doctor" and is "less dangerous than some narcotics prescribed … all over the country."
Read more: http://thehill.com/policy/healthcare/207772-marijuana-dispensary-to-congress-wake-up-and-smell-the-cannabis#ixzz33FVkxJCd
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Also I think people were disappointed the license did not happen in May. License is unkown and will need other Pr. IMO
I have to leave shortly. However, I would like to know if they can 1. Fitx import hemp seeds into the US, 2. Does the contract give them the right to distribute hemp seeds world wide, 3. What percentage do they get if the sell hemp seeds. Three important questions. Thanks for your response.
I know and they will be the clear inroad to the US. However I would like to see a PR from Fitx. We need some news.
I agree and lets get the license also. However, I am sure we can make inroads into the US market by selling seeds or getting farmers to plant hemp now that the farm act has passed. Thanks for the reply.
Thank you very much. My analysis look for Pr coming out re hemp and Fitx. To be quite frank Hemp has many more uses then MJ. Combined with Farmers Act in US a dead ring winner for all entrants. I wonder if the New Zealand firm can import seeds to the US or Canada via Fitx.? Clearly at this point worth knowing.
What about are agreement in Michigan and the closeness to the US. In fact if we get the license we will have a jump on firms even in US. By the way a lot of these firms like hemp inc have not one plant cultivated. This is great news your correct. Key I will call our Congressman to find out when vote for Senate will be set. Thanks for the posts.
What about are agreement in Michigan and the closeness to the US. In fact if we get the license we will have a jump on firms even in US. By the way a lot of these firms like hemp inc have not one plant cultivated. This is great news your correct. Key I will call our Congressman to find out when vote for Senate will be set. Thanks for the posts.
What is the date these shares are to become available??
Thanks for the post and the information. If this trend continues you change your name to LivingBiggerthenLarge." Not joking this stock could take off no matter how many shares.
The state across from them is Michigan and they have an agreement already with a dispensary. Does not really make a difference at this point. However for all those worried about the 40 thousand patients no problem Fitx will have an in the US and a market. However, I would really like to see them as drug developers for MJ. That field will be lucrative.
New Farm Bill Could Legalize Hemp
5:39 PM 05/28/2014
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Ariel Cohen
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The latest version of the farm bill allows certain farmers across the country to plant and sell hemp seed, a product related to marijuana.
The amendment to the farm bill, signed into a law by President Barack Obama in February allows states to authorize hemp-growing pilot programs, allowing for small-scale experimentation with the plant for industrial purposes
A variety of the cannabis plant closely related to marijuana, the hemp seed is currently illegal in the United States. The seed was banned in previous regulations in order to completely outlaw marijuana, or any crop associated with it.
Currently, any hemp seed imported into the United States must be sterile, and therefore, unusable for crop purposes.
Hemp has a variety of practical uses—from clothing to food to car interiors—and does not have THC, the ingredient in marijuana that creates a high when smoked.
During the Second World War, hemp fibers were in high demand for constructing naval ships and ropes. So much so, that the Department of Agriculture began a campaign to encourage farmers to grow the crop.
But, the status of hemp has taken a sharp turn since then, as the crop has been tightly controlled for nearly fifty years.
In Colorado, certain farmers have been given the nod by the Department of Agriculture to begin planting hemp seeds. Farmer Jim Denny, who lived in Brighton, Colorado, recently converted an old vegetable garden into a plot for hemp.
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“The crop right now is sellable,” Deny said. “I’ve already had people contact me on my website saying, ‘We know you’re growing stuff and we want to buy it from you already.’ And we haven’t even put it in the ground.”
The crop may be sellable, but it is scarce. Since the seed is illegal to import, growers must obtain the seed from someone who already has a viable seed.
“I get calls every day of every week of people who want to go into the hemp business,” seed grower Ben Holmes said. “When I let them know the seed isn’t available, they really are sort of lost.”
Select farms in Central Kentucky planted hemp this past month. The crop was once vital in the region throughout World War II, but the seed left the state after it was decreed illegal during the 1970’s.
The Drug Enforcement agency recently seized a shipment of Italian hemp to Kentucky. But today, the DEA is thinking of releasing the 250 pounds of hemp they had previously seized . The Kentucky DEA is now a registered controlled substance importer, but has yet to acquire an import permit.
According to the Department of Justice, Kentucky farmers should have seeds sometime this week.
“If Obama allows this, he’ll go down as the hemp president, and farmers will appreciate that – it’s a billion-dollar industry,” the Vice President of U.S Hemp Oil. a company reliant on the product, told U.S. News.
Read more: http://dailycaller.com/2014/05/28/new-farm-bill-could-legalize-hemp/#ixzz339Tz9eHd
I would prefer they stick with the New Zealand company and make deals with growers and distributors on their own. Did you mean the hemp who symbol is hemp.
However, after license comes out I will hold for a few days and then sell if not sooner and buy that is the way I now invest.
No doubt in my mind and what will make company valuable after license will be Hemp. I have felt this all along. MJ will be there to but remember under farming act in the United States lands can be used for hemp.
Town needs money however they want to see in my opinion the license. Would like to see other news that brings this up to .085 to .09 before big news. Johnny you have a winner here.
I do not think so. However, we should hear something by June, 16 at the latest. Assuming all goes well.
I feel within the next two weeks. I could be wrong but it just did not seem May really to soon. I am glad to hear that. All this talk of not giving licenses to any at this time is not true. Glad we are awaiting for HC.
When you say investor relations you mean Bill at the New York number.
Do you think we will hear something from Fitx today or Friday.
A lot of buying was in anticipation of license which as of yet has not come. Plus we had several days of stock being up. To be expected. However, we do need news on license if to pull out of further down slide.
I agree otherwise to easy to get ahead of yourself. I come from an area of New Jersey were they built a lot of warehouses, you be surprised at how many of the were empty for a while. Thanks for your posts.
The granting of the license would help with the Plan. Same opinion??
The key is to listen to the news as it comes out. At best even trying to predict what will be posted based on past posts is okay. But never believe anything else. I am not saying a rumor cannot be true but there should be a wait and see approach. I still feel but could be wrong we will hear something next week or the week after. I also believe the best was done by Fitx to past the inspection and that we will. Just my opinion, I have no picture, no statement and no other proof except my own guesstimate.
Thurman your right on, also include other stocks. Money in hand is the key as I have learned the hard way.
I do not know the rules re license and notice for Canada. However, if Bill is correct Thursday could be the day. I do not think so. However, I do not know either way. Thanks for the response.
So what is your belief insiders?? I don't think so. But I think we are on the drum roll for announcement. Whether this week or next two weeks.
I thought I saw somewhere not all the approved are on the lists. Don't ask me where. However, I think a firm would get approval once inspection. Could be wrong. Do you know when that lists is updated?
I feel market absorption of directors and the law firm. Plus articles re are director saying Sec to aggressive put us out their. Once again I no nothing of insider. Make no mistake if license comes out day traders will rocket it. Why? we appear to be most solid on MJ index re. Benzinga.
I do think if this hits .08 before the news this could rocket on news. Why first very manipulated. A barrage of news and we will all feel like we smoked, pot, I feel next week or the week after. Either way we are in the front row.
So far welcome to the group.