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Does PIHN have a presence in FL? Ah YESSSSSS!!! :)
TALLAHASSEE, Florida (Reuters) - Florida legislators voted on Friday to allow doctors to prescribe a special strain of "non-euphoric" marijuana for treatment of chronic epileptic seizures and some other severe illnesses.
Governor Rick Scott said he will sign the bill into law when it reaches his desk.
"They definitely made a difference in many people's lives today. It was historic," said Ron Watson, a lobbyist whose 8-year-old son, Dylan, died of leukemia.
Watson and several other parents, many wheeling their stricken children into the Capitol, testified at committee hearings and contacted House and Senate members throughout this year's 60-day session of the Florida Legislature.
The parents advocated strictly controlled legalization of a special form of marijuana known as "Charlotte's Web," named for a Colorado girl whose epileptic seizures have shown some response to the drug.
View galleryLegalization of marijuana
An employee weighs portions of retail marijuana to be packaged and sold at 3D Cannabis Center in Den …
The substance is not for smoking. It is specially cultivated to be very low in tetrhydrocannabinol (THC), the element that gets users high, and also very low in cannabidiol (CBD), which eases seizures in the brain.
"I'm a parent and a grandparent," Scott told reporters on Thursday. "I want to make sure my children, my grandchildren, have the access to the health care they want."
The Senate voted 30-9 to send the bill to Scott on Friday.
That vote, and the 111-7 House passage a day earlier, marked a rare example of strong bipartisanship in the Republican-dominated Legislature.
The proposal was tightly drawn to allay fears of conservative lawmakers who generally oppose easing drug laws while allowing a "compassionate use" registry for the oil or vapor extract of a specially grown marijuana strain that is extremely low in the intoxicating ingredient pot users enjoy.
The bill does not legalize marijuana in smoking form, but authorizes designation of five dispensaries operated by established nursery owners, who will cultivate the special blend under closely regulated conditions.
The bill is not related to a constitutional amendment on November's Florida ballot by a public petition campaign that would allow doctors to prescribe regular marijuana for patients with severe disabilities.
It is estimated that Florida has 125,000 epilepsy sufferers. The House amended the bill to allow use of the drug for cancer and Amyotrophic Lateral Sclerosis, known as Lou Gehrig's Disease.
Representative Dennis Baxley, a Republican, said he could not support the legislation. Despite tight legal restrictions, and although the low-THC strain cannot get users high, he said he feared it was a first step toward legalizing more drugs.
"This could be the rifle shot that starts a massive avalanche," Baxley said.
(Editing by Kevin Gray and Gunna Dickson)
In regards to that, the Hemaxellerate NOA was filed on 10/22/13. Doesn't the company have 6 months to file for a SOU (statement of use) with that? I don't see an extension either. Is this a concern or am I overreacting or missing something again?
Yep see it now - not sure how I missed it before. Thanks psk3091!
Thank you for taking the time to reply! Much appreciated. I did check SEC and didn't see S-1; guess I must have missed it. Thanks for clearing this up for me! :)
I apologize in advance for my ignornance in regards to the whole IPO process. I am hoping someone can enlighten me. I believe the announcement of Regen going public was first announced sometime in the middle of October 2013. If there was positive news with Hemaxellerate, wouldn't they have filed the S-1 with the SEC by now? Can someone play CEO and help me to understand the strategy and timelines behind this? Why would they want to 'hold' positive information? Wouldn't they want to get that out to the public and build momentum, and get things moving and filed with the SEC? Are they legally required to withhold information? I don't understand, sorry. Can someone help?
Bottom IMO. Just went thriftshopping and averaged down! This company already ahead of other startup MJ plays in many aspects. Already a product to market, infrastructure, web site, science, etc. Only up from here!!! PR to come shortly will drive SP way up from these levels. Loaded more cargo on the boat! This stock is so undervalued right now! Is it a sure thing - no - but this is pennyland. We may not be rolling 7 on the come out roll, but the point is definitely a 6 or 8! Good things to come short and long term with $PMBS IMO!
NGMC moving forward under the radar. GREAT share structure and float. Load your boat and get ready to sail!
http://finance.yahoo.com/news/cannabisfn-weekly-4-20-brings-130000809.html
Well said - completely agree - just wish this would have been strategized a bit differently. Looks like I confused the two 8-K's btw. I'm not going anywhere - this is going to rebound - just going be some rough months ahead, though not much rougher than this. :) I still question this companies leadership though at this point.
Or maybe the company should just issue a PR. And for the record 'NOT ONE OF THE SHARES WILL BE SOLD' - I don't believe that for a minute. No light at the end of the tunnel at this point, and I'm not even sure the train is moving forward.
Perhaps Russ should make you director of Investor Relations since he appears to be totally inept of it. Maybe you would have rolled information like this into a couple more momentum PR's before dropping the dilution bomb. I really am questioning whether or not this company has the ability to make it in this sector. I understand PR's cost money, but I am really questioning management's leadership at this point. I could have never forseen this big of drop. Do I sound upset!? :)
This is not a red-flag but a green one! :) Time to buy! :)
What is Dr. Ichim's level of commitment to seeing this through. I know that sounds like a stupid question, but doesn't he have responsibilities associated with Medistem still or the company that now owns Medistem. Is he spreading himself 'too thin'? There's only so much time in the day. Is this a relevant observation or no?
Investor relations has been less than stellar IMO. The companies balance sheet per the last 10K is ugly (yes I know start up no revenue is not unusual but it is 'what it is'). Dilution of 2 billion shares since late/early 2012/2013 respectively. ENTB going nowhere fast. Potential but no substantial progress (though one could debate that depending on their definition of progress). All these things are red flags IMO. And ridiculous I know, but Dr. Koos does not strike me as the most ambitious looking man in the world. Yet there is so much 'lining up' here. Additionally the medical doctors I have spoken to (all 2 of them!) also believe big things to come with this science - though they still see it a few years away. We will see soon - this could be amazing not only for investors but also for the patients that could benefit from this medicine. We will see soon!
That's a bold statement considering the CEO's past history.
Being approved for Phase 1 trials by the FDA for Hemaxellerate will will legitimize BMSN and Regen as well as remove all doubt that BMSN and Regen are not like so many other unscrupulous companies on the OTC.
Alot of red flags here. But a lot of things legitimize this organization and point to possible success. Since I don't believe this is one of the 10 greatest scams in all of history, I'll continue to take a chance and hold here.
Benitec!
Considering all factors right now I respectfully disagree. Soon enough however IMO. More news coming within the next couple of weeks is a logical bet. Higher highs and higher lows. Holding nicely today. Green again next week! Go $PMBS!!!!
I'm sorry but I gotta ask. Reggae, organic, Colorado, etc. Does an MJ blend come into play here at some point? Seems like a logical move to me or no? Or is that not an image they want to portray? Thoughts?
This stock is like that gorgeous girl at the gym. She very rarely talks to me (just like Koos's shareholder updates), but once in a while she'll smile at me - just enough to keep me interested and make me think there's a chance I'll strike it rich with her someday! :) C'mon Koos - get off your boat and give everyone an update as to what is going on here - this is ridiculous already. I'm beginning to question the companies dedication and commitment to both the cause and it's investors. :(
WISCONSIN GOVERNOR SIGNS CBD BILL....[color=red][/color]
Where is PMBS? Connect the dots people! :)
www.wrn.com/2014/04/governor-signs-cbd-bill/
Look at the share structure of this - am I not seeing this correctly?! Wow - tons of value here! This is gonna go BOOM soon enough! I got my tickets bought! GO $NGMC !!!!
This ain't no joke - play this how you want but this is gonna climb bigtime by EOM. Back to 5's. Herbal product to market already - u think MMJ is that far off? NO! They are going to make things happen quicker than everyone thinks! More news imminent! This ain't no joke - this is a solid company! U want a joke invest in FRT*. Go PMBS!!!
Solid company here, real products. Poised to make a real future impact with MMJ. Great share structure. Very strong buy now. Trending north bigtime soon - guaranteed! Am I missing something here?! NO!
It does appear that this site was created with the help of wix.com. And indeed, as far as I know, wix currently offers no encryption in regards to their contact forms. This is rather amusing actually - I'm envisioning someone writing down all the information (unsecured) someone typed into the form and entering it into some excel spreadsheet. Yikes! This is not a corporate website - geesh my 13 year old daughter could have created this! I'm out - GLTA.
This may 'look like' an ugly duck right now...but you all know the story! :)
Wow - this is entertaining. :) Let's all get a grip folks! Obviosusly things aren't happening as we all would have liked from a timeline perspective, but the schedule of events is not all that far off the radar. I do admire the courage of those to BUY at this time, but I have faith in this little company and the people/minds associated with it (though Koos is not at the top of the list). This is relatively new and exciting science; new for the FDA too. Lots of potential here! Back into the 3's by mid-week next week.
Assuming FDA Approval, do they even have the $$$ to produce the drug?
Is it possible, I'm just saying, is it at ALL, AT ALL possible this company has merit and is not a pump and dump?