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Nah that was a pipe dream, Share Buy Back Coming, LOL
Going to catch Shortie with his pants down, LOL
KK is buying, LOL
He is using your money that you lost, LOL
Here's hoping the Good LONGS are able to get cheapies!!
There is NO relationship between Price and Value at these current levels. This is more about supply and demand which will eventually be balanced and we will start on a rapid blow out rise in price to reflect the value of the company.
Companies that generate $20 million annually are worth more than $1 million, that is a no brainer!!
Yea right, LOL. 86 Million are at 3
If it goes to .0001, I will BUY it all, how about that? LOL
$15,000 bucks traded, LOL.
When the stock was at .005, that would have been $185,000 with the same volume.
This is just more of the same, a slow, weak drift off of share price caused mostly by an old conversion playing along with the spin off news that most don't understand anyway.
OTCQX Will allow ETF Funds to purchase Artizen shares
Current no Fund manager will purchase a PINK stock. The company stock they purchase for their Funds are required to have AUDITED Financials be listed on OTC/Nasdaq etc.
We could really use some price support from a few ETF Funds with deep pockets.
Artizen Cannabis numbers Q4 were decent, 502Data.
Considering that the price for Cannabis is at a nearly historic low, due mainly to over supply from growers, while the consumption numbers are growing nicely. Hopefully a bottom has been put in regards to price, as supply numbers are projected to be much lower as growers cut back.
The 502Data is just the wholesale side. August was the highest month sales in Artizen history according to management Twitter, so not surprising that Sept was a little light. The 1.3M months were right in line with previous months earlier in the year.
Sept $727778
Oct. $1307213
Nov $1329337
Total $3,364,328
The Qtly numbers should be a little higher if the partnership edibles etc are included.
Washington State Collected over 1/2 $BILLION in 2022 !!
Washington state collected a total of $515.2 million in legal marijuana income and license fees in fiscal year 2022, including $4.1 million in cannabis license fees. The data is available in the Liquor and Cannabis Control Board’s FY 2022 Annual Report (p. 21).
The report also shows that the marijuana revenues were $251.2 million more than that of liquor, and that the marijuana tax income to the state for fiscal year 2022 of $515.2 million grew by slightly more than $47 million from the previous fiscal year.
Revenues collected by the Liquor and Cannabis Board from legal cannabis taxes, license fees, and penalties are distributed as follow, according to the report:
General Fund – $157 million
Basic Health – $264 million
Local Governments – $20 million
Washington State Health Care Authority – $53 million
Department of Health – $9 million
Washington State Patrol – $2.2 million
Washington Liquor and Cannabis Board – $11.8
Other – $1.5 million
RCW 69.50.540 sets the template for allocations of state spending funded through marijuana sales taxes and licensing fees.
Nearly half of all marijuana revenues go to the Basic Health Plan Trust Account.
That account is described by the Office of Financial Management as providing “necessary basic health care services to working persons and others who lack coverage, at a cost to these persons that does not create a barrier to the utilization of necessary health care services.”
LOL - $20 to $30 MILLION Revenue = Mkt Value $2M, yea sure!
LOL, Remember you are in the Twilight Zone of the Pinkies, where anything goes!!
Biden Signs Equity-Focused Executive Order That Touts Marijuana Clemency Actions, Calling Criminalization A ‘Failed Approach’
Published 6 hours ago on February 17, 2023
President Joe Biden issued an executive order on Thursday that touts the administration’s efforts to address the “failed approach” on federal marijuana policy.
The executive order doesn’t specifically build on any administrative cannabis reforms; rather it’s focused on promoting equity within federal agencies and the White House. But the president took the opportunity to connect the issue back to his marijuana actions.
Biden issued a mass pardon for people with non-violent federal cannabis possession convictions late last year and directed a multi-agency review into marijuana scheduling under the Controlled Substances Act (CSA).
“My Administration has taken action to strengthen public safety, advance criminal justice reform, correct our country’s failed approach to marijuana, protect civil rights, and stand up against rising extremism and hate-fueled violence that threaten the fabric of our democracy,” the president said in the new order.
A fact sheet that the White House released on the executive order expands on the president’s cannabis record.
“The President took bold action to address our failed approach to marijuana,” it says. “The criminalization of marijuana possession has upended too many lives—for conduct that is now legal in many states.”
The purpose of the mass pardon for marijuana offenses was to lift “barriers to housing, employment, and educational opportunities for thousands of people with those prior convictions.”
“The President also called on every state governor to follow his lead, as most marijuana prosecutions take place at the state and local level. And because this Administration is guided by science and evidence, he called on the Department of Health and Human Services and the Department of Justice to expeditiously review how marijuana is scheduled under federal law.”
A separate new White House Domestic Policy Council report on equity efforts also includes a description of Biden’s cannabis actions.
Biden’s new executive order, “Further Advancing Racial Equity and Support for Underserved Communities Through the Federal Government,” directs federal agencies to produce an annual public Equity Action Plan to analyze barriers that underserved communities may face in accessing and benefitting from programs, among other steps.
The administration has routinely highlighted the cannabis clemency and review actions, often in the context of equity and racial justice. It was also mentioned in a preview ahead of Biden’s State of the Union address this month, but the president didn’t explicitly raise it in the speech.
On Martin Luther King Jr. Day, Biden described his marijuana pardons as a reflection of his commitment to “equal justice.”
Also, at the end of last year, the president granted a half dozen additional pardons, including for a handful of people with marijuana or other drug convictions on their records.
Domestic Policy Council Director Susan Rice said in December that the president’s broader cannabis clemency and directive for an administrative review into cannabis scheduling have helped address the country’s “failed approach to marijuana” and represent key parts of the administration’s “remarkably productive year.”
Meanwhile, a bipartisan group of 29 congressional lawmakers from both the House and Senate sent a letter to the president in December, asking that he formally back federal marijuana legalization as the administration carries out the cannabis scheduling review.
While the lawmakers didn’t request that Biden take administrative action to unilaterally facilitate legalization, it does underscore an eagerness among supporters for the White House to play a more proactive role in advancing reform.
U.S. Health and Human Services (HHS) Secretary Xavier Becerra, who was CCed on the letter, tweeted a link to a Marijuana Moment article that discusses the president’s administrative cannabis scheduling directive.
“We’re going to take a look at what science tells us and what the evidence tells us,” Becerra, who has a considerable record supporting cannabis reform as a congressman and as California’s attorney general, said at the recent overdose prevention event. “That will guide what we do—and we hope that will guide what the federal government does.”
Following the president’s October announcement, the secretary said that the department would “work as quickly as we can” to carry out the scientific review. And he’s already discussed the issue with the head of the Food and Drug Administration (FDA) to that end.
Gupta said previously that the president’s action was “historic,” adding that there are “clearly” medical benefits of cannabis.
Cannabis Entrepreneurs Cheer Twitter’s Decision To Let Them Advertise
This is HUGE NEWS for Cannabis Industry!!!!
Julie WeedContributor
I cover the legal marijuana industry and its entrepreneurs
Did you hear a collective cheer go up just before Valentine’s Day? That may have been cannabis entrepreneurs rejoicing at the news of a major policy change at Twitter which will now allow cannabis ads on its platform. Cannabis advertising is tightly regulated, and very limited, and other big internet platforms Facebook and Google do not allow marijuana marketing of any kind. Advertisers on Twitter will still have to follow state and local regulations, but the move is a big one for the nascent industry, especially if other internet giants follow suit.
Some entrepreneurs are already thinking about how they’ll use the platform. Aaron Rivadeneyra, director of e-commerce at KIVA, a California-based company that offers THC, CBD, and CBN-infused gummies, chocolates, mints, and chews, says the company is interesting in exploring Twitter paid ads to spread awareness of existing products and “build hype for launches” of new products. “Twitter will allow Kiva and cannabis to engage in the digital social conversation like never before,” he said.
Ashley Fields, senior vice president of marketing and communications at the cannabis drink maker Cann, welcomed the new rules as a step to alleviate the disparity between the ways alcohol and cannabis-infused drinks can be advertised. Increasing opportunities for drinks like Cann to be marketed shows the conversation is trending towards normalization, legalization and “substance quality,” she said.
5W, a public relations agency that launched a CBD and cannabis division in 2018, sees lots of possibilities. Executive vice president Paul Miser, says the new rules could affect clients across cannabis-related categories like women's and men's skincare, pet products, edibles, wellness, pain relief, sleep aids, food, beverage, cannabis delivery services, and consultancy services.
Advertisers, once they are approved, will be able to use all of Twitter’s advertising venues like promoted tweets and in-stream video sponsorships.
There are of course restrictions. Among them: Advertisers can only target jurisdictions where the substance is legal. Ads can not feature a person, character or animal, and cannot appeal to those under 18. The ads can not associate marijuana with glamour, recreation, excitement, vitality, risk or daring. In fact, the guidelines state that advertisers may not promote or offer the sale of Cannabis (including CBD, a non-psychoactive component.)
Even with strict guidelines, “this move by Twitter is such a big win for the cannabis industry,” said 5W’s Miser, Now, he said, “we're keeping our eyes out for other social platforms” who may begin to lift their own restrictions.
30M Conversion Today
Purple Tape Trade 29 M shares, which is just the second count to get to the 67M volume.
Almost all the trading volume is the 29M shares shorted, then 29M conversion to cover.
Another Bridge Jumper, Weee
These people crack me up, seriously nice trade, LOL
Yea one folk, LOL
That happens when you dump 12M shares in an illiquid market.
That was a whole $6k dollars dump, LOL
Marijuana vending machine opens in Colorado
Colorado is home to a first-of-its-kind cannabis digital vending kiosk.
AURORA, Colo. — A first-of-its-kind cannabis digital vending kiosk is now open in Aurora.
Boulder-based cannabis company Terrapin has installed ACE — Automated Cannabis Experience — at its Aurora store at 11091 E. Mississippi Ave., near East Mississippi Avenue and South Havana Street.
Terrapin said the machine, developed in partnership with BMC Universal Technologies, is the first fully-automated cannabis vending kiosk on the market to fully package, live label, and dispense cannabis products while meeting or exceeding compliance requirements.
Customers scan and verify their identification card, follow the instructions on the digital screen and pay to complete their purchase. Shoppers can watch the bagging process through a 38-by-30-inch window.
Terrapin said ACE holds up to 1,152 products, depending on the size of product packaging.
Terrapin plans to roll out additional ACE machines at its locations throughout Colorado.
Terrapin said the vending machine will help with faster checkouts, allow budtenders to give more consultation to other customers, and can be programmed in multiple languages.
"As public opinion on cannabis continues shifting in favor of decriminalization and legalization, we believe innovative solutions like ACE illustrate the increasingly mainstream nature of the cannabis space," Terrapin CEO Chris Woods said.
"ACE not only improves sales but also provides unique benefits to consumers, including faster checkouts and the ability for them to engage in multiple languages. We are thrilled to be leading the charge to introduce this first-of-its-kind, genuinely game-changing way for consumers to purchase cannabis."
https://www.9news.com/article/life/style/colorado-guide/cannabis-vending-machine/73-dc3a76a6-4262-440d-b36d-8aaebb3242b9
Twitter’s ad move marks notable shift in US cannabis marketing
This is HUGE NEWS!!!!
By Solomon Israel
February 15, 2023
Twitter’s new policy change permitting advertising and marketing by state-legal cannabis companies is a step forward for the sector and could nudge other digital advertising platforms to rethink their prohibitions on cannabis promotions, industry insiders say.
At the same time, Twitter is spicing up its entry into U.S. cannabis advertising with a promotional incentive for the industry.
“To me it’s a clear indication of the normalization of cannabis as a consumer packaged good and one that is moving towards more mainstream acceptance,” said Lisa Buffo, founder and CEO of the Cannabis Marketing Association industry group.
Rosie Mattio, founder and CEO of cannabis PR agency Mattio Communications, said her firm discussed the new advertising policy with Twitter in the run-up to the social media company’s policy change.
“If (other social media firms are) seeing that there’s real money to be made by allowing cannabis companies to advertise on a specific platform, I think they’d be foolish not to open up the doors to cannabis companies,” she said.
Still, some questions remain about exactly what Twitter’s new cannabis advertising policy permits and what it doesn’t.
Twitter’s cannabis advertising rules
Some U.S. cannabis industry players have already moved to take advantage of Twitter’s policy change, with vaporizer company Pax announcing Wednesday it is “among the first of Twitter’s cannabis advertising partners,” Pax’s vice president of marketing, Luke Droulez, said in a statement.
Others are taking a wait-and-see approach.
Thomas Winstanley, chief marketing officer for East Coast multistate marijuana company Theory Wellness, said Twitter’s new approach to cannabis advertising is“more symbolic than it is practical for our operations,” at least for now.
Winstanley said Twitter’s rules for U.S. cannabis companies are different than the social media company’s advertising rules for Canada, where Twitter already allowed advertising by legal marijuana businesses.
Twitter’s U.S. marijuana advertising rules state that advertisers “may not promote or offer the sale of cannabis,” including CBD, with an exception for topical hemp-derived CBD products containing less than 0.3% THC.
Winstanley interpreted that rule as meaning that Theory Wellness can’t chase a return on Twitter advertising spending by converting an advertisement directly into a sale.
In his estimation, though, brand-awareness promotions would be in-bounds.
Twitter has not responded to an MJBizDaily request to clarify what’s permitted under its U.S. cannabis advertising policy.
“Being one of the first brands to advertise, you get a lot of impressions and a lot of scrutiny,” Winstanley said.
“And so we will likely watch and see as this new segment of (Twitter’s) business starts to evolve and develop.
”https://mjbizdaily.com/twitter-ad-policy-change-marks-notable-shift-in-us-cannabis-marketing/
Schumer Meets With GOP Senators To Discuss Marijuana Legislation For New Congress
Published 2 days ago on February 14, 2023
By Kyle Jaeger
Senate Majority Leader Chuck Schumer (D-NY) held a second meeting on marijuana legislation for the new Congress on Tuesday—and this time, he convened a group of GOP senators to discuss next steps for crafting a passable bill, Senate sources tell Marijuana Moment.
The first meeting took place at the beginning of the month with Democratic colleagues. Now the majority leader has brought Republican members into the fold, including Sens. Steve Daines (R-MT), Rand Paul (R-KY) and Dan Sullivan (R-AK).
The purpose of these latest conversations is to determine where lawmakers can find bipartisan consensus on legislative objectives for cannabis reform in the 118th Congress, which now has Republicans in control of the House while Democrats retain their Senate majority.
One source confirmed to Marijuana Moment that marijuana banking was a key issue that the senators discussed.
Advocates are hoping to see collaboration around a set of marijuana proposals known colloquially as SAFE Plus, which Schumer worked to advance up until the final days of the last session. That package was expected to cover cannabis banking and expungements, among other possible modest reforms.
All three of the GOP senators who participated in Tuesday’s meeting signed on as original cosponsors of the standalone Secure and Fair Enforcement (SAFE) Banking Act last Congress.
Sullivan, meanwhile, filed a bill last week with Sen. Jon Tester (D-MT) to promote research into the therapeutic potential of cannabis for military veterans. That legislation is set to be voted on in committee on Thursday.
The last marijuana meeting with the majority leader involved Sens. Cory Booker (D-NJ), Jeff Merkley (D-OR) and Jacky Rosen (D-NV), along with Senate Banking Committee Chairman Sherrod Brown (D-OH). Senate Finance Committee Chairman Ron Wyden (D-OR) had a scheduling conflict, so he sent a senior staffer.
Schumer and Booker filed a comprehensive marijuana legalization bill last year, but it became quickly apparent that there wouldn’t be enough support for passage with the 60-vote threshold in the Senate. As a compromise, the majority leader led bipartisan and bicameral negotiations over the SAFE Plus deal.
Attempts to place the reform in large-scale defense and spending legislation proved fruitless, and Schumer placed blame on certain GOP senators for derailing the bipartisan proposals.
That is the Question, why are you watching?
24/7 including Sat and Sun" LOL
Please share your game strategy on how you make any money?
Can't wait to hear this, LOL
The PINKS are irrational by their lack of liquidity!
Never expect the PINKS to price rationally, it doesn't exist.
Accurate Price discovery only works when you have tons of BUYERS and SELLERS all participating with offers as to what they feel is proper valuation of the stock on a second by second basis, and is called Liquidity!
Stocks that trade a few thousand dollars worth all day, with 2 to 4 hours gaps are totally illiquid and price has little to nothing to do with the true underlying value of the company.
Manipulation of the price is a daily event in PINKVILLE.
We will be moving out of this dark underbelly neighborhood soon!!!
Year End and Qtrly Earning Report 2/28
We could see the reports as early as 2/28, as that was the date for last year release. They do have some flexibility on the release date and may do it end of March when the AUDITED Financials are predicted.
Not expecting anything too exciting as the entire industry has been in an economic slow down with pricing pressure from over supply. Companies that have just reported are saying that they believe that the low point on pricing was reached in December and the over supply problems are over and the market is more balance now.
Pricing has stabilized and is starting to increase in higher end flower sector with BRAND demand for high end products leading the way.
Lot of Cannabis Stocks are GREEN today!!!
We could finally be coming out of the down trend.
Lot of Reporting Cannabis companies showed improving fundamentals pushing to profitability soon.
$300 traded All Day, Sellers have left Building!!
How about those Conversions, LOL
DONE put a fork in them!!!
Marcum Audited 3 yr Financials next Month !!!
Long wait is almost over now, and up listing to OTCQX is coming, Bye Bye PINK Sheets!!!
Pervasip Announces Hiring of Marcum LLP to Conduct Financial Audit
Seattle, Washington--(Newsfile Corp. - February 1, 2022) -
Pervasip Corp. (OTC Pink: PVSP) ("Pervasip" or the "Company"), a developer of companies and technologies in high value emerging markets, today announced that it is in the process of completing the annual audit of its financial statements.
Pervasip hired a national independent registered public accounting firm, Marcum LLP, to audit in accordance with the standards of the Public Company Accounting Oversight Board ("PCAOB") 3 years of financial results for all entities associated with newly acquired Artizen Corporation, which will allow Pervasip to issue consolidated audited financials for the newly combined companies.
"We have engaged with Marcum LLP to provide a first ever financial audit for the operating companies that comprise Artizen Corporation. We expect to file our consolidated financial statements next month using the alternative reporting requirements of OTC Markets, and to follow up shortly thereafter with our PCAOB audited financials. This is another step in our strategic plan to solidify our company's foundation, create transparency for our shareholders and organize for material growth in revenue and EBITDA over the next 24 months," said George Jordan, the company's Chief Financial Officer.
I like the updates, helps Investor understand the company!!
Of course the traders hate it, they only see one thing, the PRICE, that is it. LOL
Too funny really.
American Cannabis Sales Lift 5% in December
February 6, 2023 at 3:52 pm
Exclusive article by Alan Brochstein, CFA
US Cannabis Sales are GROWING once again!!!!
Cannabis sales increased 5.3% in December compared to November according to cannabis data analytics firm BDSA. Looking at a per-day basis, sales increased 2.0% month-over-month. In this review, we will look at the markets one-by-one, beginning with the eastern markets and then concluding with the western markets. In total, BDSA estimates that sales across the 11 markets totaled $1.68 billion during the month.
Eastern Markets
BDSA provides coverage for Florida, Illinois, Maryland, Massachusetts, Michigan and Pennsylvania. In December, year-over-year growth ranged from -11.6% in Maryland to 32.0% in Michigan. Note that Florida, Maryland and Pennsylvania are medical-only markets, though Maryland is introducing adult-use soon.
Florida
Sales spiked 5.3% higher from November in December to $206.6 million, up 26.1% from a year ago and a new record month. Flower sales rose 29% from a year ago, while pre-rolls grew just 2%. Ingestibles gained 30%, and concentrates expanded by 25%.
https://www.newcannabisventures.com/american-cannabis-sales-lift-5-in-december/
How about HPCO, raised $6.5M on only 4.2M shares Offering
Very much like what Artizen is going to do IMO. We spin off and keep Float low and get that $1 to $ bucks and then raised $6 Million with a few million shares offering.
That cash would let us grow huge in this cheap asset market.
$6.3M public Offering of 4.2M Shares at $1.50
PVSP New BID .0008 with ASK at .0009 !!!!!!
Stock is getting ready to break out!!!
Watch
NASDAQ stock up 500% today, $500 Million Traded!!!
Been a long time since anyone has seen this kind of explosive move by a NASDAQ cannabis stock that just had its IPO in Oct at $6 per share. Stock has been crushed by shorts, down some 90% but not anymore.
Snoop Dog signed deal changed all that and just amazing to see such a change in direction.
Who will be next? PVSP?
Every Cannabis Company has been SHORTED into the ground.
Every single one of them are down 70 to 90% the past year and the SHORTS are up to their Eyeballs across the sector.
If the Robin Hood crowd gets after them like are doing with HPCP and subsidiary GGII the sector may just Explode.
Can't wait to see they go after next, Tilray or Trulieve, this could get ugly for Shortie!!!
Hearing the Robin Hood Meme Stock Guys
PVSP shareholders wake up and pay attention to what is happening in the Cannabis sector.
Snoop Dogs interest in the Cannabis sector and HPCO in particular is setting the Robin Hood trading guys on fire.
Management needs to pay attention what can be done if you get the right celebrity on board, it is a lot easier than killing yourself trying to slow grow a business with no cash. What is up with Willie Nelson, German was part of that deal as I recall.
Damn fun to watch, 400% $320M Short Squeeze !!!
This thing is like watching PVSP back in the old days. This Squeeze could trigger a major rally in the Cannabis sector as Shorts may begin to feel the pain for their efforts the past few years.
When was the last time we saw over 400% gain in a single day on 100M shares at nearly $4.00 now.
This after the Snoop Dog news was released 4 days ago.
Up 350% - $3.40 share! Talk about a Short Squeeze, LOL
All it took was a deal with Snoop Dog for new product "Death Row", LOL
Man, now up 250% at $2.70 on 17M shares
Longs need to stay focused on the underlying fundamentals of PVSP and Artizen.
It is absolutely IMPOSSIBLE for this stock to stay at these levels over TIME.
$20M in revenue with another $10M expected in 2023 with NO DEBT !!
Cannabis stocks starting to RUN, up 62% PMkt
Man, can these stocks run, GGII was up 160% one day, their parent company HPCO is now up 61% Premarket, on 4M shares.
MM will run PVSP real soon, just wait and see. It is all a game really on the PINKS, you can't use traditional fundamentals, the traders just don't care about real business fundamentals, it is ALL about the share Price and which way they want to move it to their short term benefit.
Louisiana's largest medical marijuana farm doubles weed growing capacity
Check out this, these guys are doubling grow size and will have 225k square foot, the same size as Artizen, and they are the LARGEST in the State, LOL
Maybe we should be in Lousiana, LOL
Greg Hilburn
Lafayette Daily Advertiser
Louisiana's largest medical marijuana producer is doubling its cannabis growing space in 2023, citing projections for higher demand and new laws it believes have streamlined regulations.
Good Day Farm, the private partner of the LSU AgCenter, is adding 40,000 square feet of cultivation capacity at its 225,000-square-foot mega facility in Ruston.
“With the significant improvements made to the medical marijuana program by the Legislature, Good Day Farm Louisiana anticipated patient count and demand would eventually increase, so we expanded into a 225,000-square-foot facility in Ruston (in 2021) with over 220 employees,” said David Kirsch, Good Day Farm's vice president of Ruston operations, in a statement to USA Today Network.
"Planning for the highest forecasted patient needs, we have over 40,000 square feet of operational indoor gardens with over 40,000 square feet of additional indoor gardens expected to be operational by the second quarter of 2023,” Kirsch said.
The LSU AgCenter and Southern AgCenter and their private partners are the only growers who can legally cultivate cannabis in Louisiana's medical marijuana program.
That is not what KK said, LOL
LOL watch the BID Whacks, 5k -$30, 20 Shares - 12 Cents, LOL
Should not be allowed, but anything goes in the Pink neighborhood.
Next step is we are MOVING out of this Pink Neighborhood to the OTCQX, bye bye Pinkies !!!
Artizen will only have Common Stock, NO other Series!
100 M shares of Common Stock with NO Debt, No Convertibles, No Special Series Stock, simple and clean share structure, every shareholder get the same type of Common Stock with one vote per share, as it should be.
If you own 1% of PVSP, you will get 1% ownership in Artizen Spin Off. Totally Fair and straight forward.
Audits completed late March, will initiate Spin Off Process!!
IMO we could see the Spin Off as early as April if the Audits are completed by Late March as indicated by management.
"The Company is working with its auditors to complete the required financial audits, including one for Pervasip on a consolidated basis and another for Artizen on a consolidated basis (without Pervasip). Once complete, a Form 10 Registration Statement will be filed with the SEC for Artizen to initiate the spin-off process."