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Nevada’s Clark County punts on marijuana consumption lounge talks:
https://mjbizdaily.com/nevadas-clark-county-commissioners-marijuana-consumption-lounges/
Maryland Lawmakers Introduce Marijuana Legalization Bills:
https://www.marijuanamoment.net/maryland-lawmakers-introduce-marijuana-legalization-bills/
New Hampshire Lawmakers Debate Marijuana Legalization Bill:
https://www.marijuanamoment.net/new-hampshire-lawmakers-debate-marijuana-legalization-bill/
Cory Booker Invites Former Drug War Prisoner To Trump’s State Of The Union:
https://www.marijuanamoment.net/cory-booker-invites-former-drug-war-prisoner-to-trumps-state-of-the-union/
Please, do your own research.
Your post is misleading. Please, do better DD regarding 280E in California and US.
Congressional Democrats Plan Hearing And Vote On Marijuana Business Banking:
https://www.marijuanamoment.net/congressional-democrats-plan-hearing-and-vote-on-marijuana-business-banking/
Some info regarding NJ MJ licenses:
"One existing alternative treatment center, Compassionate Care Foundation in Egg Harbor Township, also filed a challenge to one of the winners. The department green-lit a dispensary on the Atlantic City boardwalk for MPX, just blocks away from the satellite dispensary Compassionate Care plans to open in June"
https://www.nj.com//marijuana/2019/02/these-weed-growers-didnt-get-picked-to-grow-medical-marijuana-in-nj-now-they-are-ready-for-a-fight.html.
These weed growers didn’t get picked to grow medical marijuana in N.J. Now they are ready for a fight:
https://www.nj.com//marijuana/2019/02/these-weed-growers-didnt-get-picked-to-grow-medical-marijuana-in-nj-now-they-are-ready-for-a-fight.html
Gov says it’s still possible for New York to legalize adult-use marijuana by April:
" Issue separate grower, distributor and retail store licenses.
Prohibit cultivators from operating retail stores.
Institute three taxes."
https://mjbizdaily.com/ny-cuomo-still-possible-legalize-adult-use-marijuana-april/
Florida judge: State’s medical cannabis dispensary cap unconstitutional:
https://mjbizdaily.com/florida-medical-marijuana-dispensary-cap-unconstitutional-judge-rules/
Pennsylvania Lawmakers Introduce Bill To Legalize Marijuana:
https://www.marijuanamoment.net/pennsylvania-lawmakers-introduce-bill-to-legalize-marijuana/
Just responded to your misleading post.
Misleading post. Canopy Growth(Canada, where cannabis is legal) had negative - 10% Q/Q growth in last report.
https://www.newcannabisventures.com/cannabis-company-revenue-ranking/
GOP Senator Floats FDA Marijuana Legalization Conspiracy Theory:
https://www.marijuanamoment.net/gop-senator-floats-fda-marijuana-legalization-conspiracy-theory/
More illicit California marijuana retailers busted by local law enforcement:
https://mjbizdaily.com/more-illicit-california-marijuana-retailers-busted-by-local-law-enforcement/
World Health Organization Recommends Rescheduling Marijuana Under International Treaties:
https://www.forbes.com/sites/tomangell/2019/02/01/world-health-organization-recommends-rescheduling-marijuana-under-international-treaties/#244ea0e26bcc
Read The World Health Organization’s Marijuana Rescheduling Recommendations:
https://www.marijuanamoment.net/read-the-world-health-organizations-marijuana-rescheduling-recommendations/
https://mjbizdaily.com/world-health-organization-rescheduling-cannabis-clarity-cbd/
World Health Organization recommends rescheduling cannabis, provides clarity on CBD
World Health Organization recommends rescheduling cannabis, provides clarity on CBD(This is a breaking story that may be updated as it develops):
https://mjbizdaily.com/world-health-organization-rescheduling-cannabis-clarity-cbd/
"The lawsuit also describes a work environment pervaded by “racial, homophobic and misogynistic epithets and slurs, drug and alcohol abuse, personal humiliation … (and) profligate spending by both the CEO and president.”
https://mjbizdaily.com/former-cfo-sues-cannabis-firm-medmen-alleging-breach-of-contract/
“CEO Bierman and President Modlin demanded and received whatever they wanted, whether or not it was in the best interests of the company,” the lawsuit alleges.
The suit alleges that Parker was ordered to spend “several millions of company dollars” on expenses such as 24-hour armed security for Bierman and Modlin, personal drivers, private jets, luxury hotels, special-order pearl white Escalades for Bierman, a custom $160,000 Tesla SUV for Modlin, extravagant custom conference room tables that cost “tens of thousands of dollars apiece,” and placing Bierman’s personal therapist on staff as a “performance improvement expert” with a salary of over $300,000 a year.
https://mjbizdaily.com/former-cfo-sues-cannabis-firm-medmen-alleging-breach-of-contract/
According to the suit, Bierman and Modlin “engaged in a course of conduct which recklessly jeopardizes” the company.
The alleged breach of fiduciary duties outlined in the suit cover a dozen different allegations against Bierman and Modlin, including:
Ordering Parker to wire “hundreds of thousands of public dollars to a ‘consultant’ in Canada to ‘buy up our stock when it is under attack.'”
Ordering Parker to “dig up dirt” on corporate and personal enemies.
That the two refused to retract a materially incorrect press release until forced to do so by Parker.
Ordering Parker to pay “prohibited success fees to unlicensed broker-dealers.”
That Bierman and Modlin violated Canadian securities regulations by not disclosing compensation packages of top company executives.
Forcing Parker to make a $10,000 political donation because Bierman and Modlin had already contributed the maximum legal amount to a candidate in Nevada.
Parker alleges in the suit that Bierman and Modlin came to view him and his responsibilities to the company as an “impediment to … their unfettered conduct” and began a “rolling demotion” in an attempt to force Parker out of MedMen"
https://mjbizdaily.com/former-cfo-sues-cannabis-firm-medmen-alleging-breach-of-contract/.
Former CFO sues cannabis firm MedMen, alleging breach of contract, other misdeeds:
https://mjbizdaily.com/former-cfo-sues-cannabis-firm-medmen-alleging-breach-of-contract/
Congressional Committee Could Take Up Marijuana Reform ‘Fairly Soon,’ Chairman Says:
https://www.marijuanamoment.net/congressional-committee-could-take-up-marijuana-reform-fairly-soon-chairman-says/
Today, January 31, 2019 is Short Interest Settlement Date. Info from Finra:
http://www.finra.org/industry/short-interest/short-interest-reporting-due-dates
CDEL is MM (market maker), aggressive market shorter, hedge fund... Google and find out more info.
CDEL working "very hard".
Regulations, rules changing very fast in San Leandro CA regarding cannabis.
Blum Oakland dispensary changed from not for profit to "For profit", after CA changed laws. How do you know, that Blum San Leandro is not for profit, after CA changed laws?
"We will have a fully outlined plan and path forward for investors before the 10K comes out" Derek Peterson from Q&A written session on January 30, 2019.
San Leandro Blum dispensary will be selling recreational cannabis in the near future (DP - January 30, 2019 TRTC's representation).
The Most Interesting 2019 Marijuana Bills That You Might Have Missed:
https://www.marijuanamoment.net/the-most-interesting-2019-marijuana-bills-that-you-might-have-missed/
Additional, written Q&A after presentation on January 30, 2019:
TR: can you update us on NJ?
MK: Will Dyer be operational in 2019, including the beverage facility?
Derek Peterson: hi there sorry tech issue
Derek Peterson: tom NJ is likely going to open up a bunch of new retail permit oppty in the next coule months thats the current inside news
TR: are talks with Goldleaf back on, now that the false alligations are proven
Derek Peterson: mike dyer retail will be up but I think the manufacturing will take longer but we have some relationships to bring beverage to market prior
Derek Peterson: Tom We have found some better opportunities bit of a blessing in disguise
TR: wow....thats great news Derek
GB: Does the fall in stock price make those talks more difficult?
Derek Peterson: the supply concerns in oregon are bad ad price contractions of worrisome
TR: Keep it going Derek...been with you since the "picks and Axes" days
TR: thanks
Derek Peterson: greg it depends some people it mkes nervouse others love the upside for them so its a mixed bag
Derek Peterson: thx tom people need to understand our liquidition value is way more than the market cap
MK: Is there an expected timeline on a resolution to this latest lawsuit?
Derek Peterson: i think when we move some assets arond people will understand
Derek Peterson: mike we just won the callow case in court and won $950k i believe Reno has a favorable outcome for all parties
GB: Since you said the focus is centering on California will the M&A activity be centered there?
MK: Awesome!
Derek Peterson: the VV director fiduciary breach were taking the distance
MK: Good!
TR: What backstabbing people the VV's are...you prob made them so much money thru the years and yet they turn on you
Derek Peterson: greg yes nevada is gona be great especially with all the new retail permits they issued should be great for our cultivation and manufacturing wholesale so CA is where we are looking at expanding retail and pushing wholesal this year
MK: Is the other Santa Ana location one of the facilities you're looking at monetizing vs building out?
Derek Peterson: Tom its been interesting ride from a "people" standpoint
Derek Peterson: mike yes we have 4 retail permits now so we are looking to do something with 2 especially because we can focus on delivery
Derek Peterson: delivery requires limited capex and no additional permits with a lot of upside
TR: Well i love the new direction and i am going preach the news and positive direction
TR: thanks Derek
TR: We support ya
TR: bye all
Derek Peterson: thanks guys gotta hop off now
MK: Yep thanks and appreciate the honesty of previous mistakes, Keep plugging away, I know you will!
JM: tx derek
Derek Peterson: again we will have a fully outlined plan and path forward for investors before the 10K comes out
Derek Peterson: take care
Survey: Veterans Support Marijuana Legalization And Increasing Medical Cannabis Research:
https://www.marijuanamoment.net/survey-veterans-support-marijuana-legalization-and-increasing-medical-cannabis-research/
On 11/26/2018 GGBXF had 261.0 million diluted shares. Based on today's closing stock price - market cap is about 1billion. Last Quarter revenue: unknown (info from AB https://www.newcannabisventures.com/green-growth-brands-ggb/).
P.S. GGBXF is AB's client.
Congressional Committee Could Take Up Marijuana Reform ‘Fairly Soon,’ Chairman Says:
https://www.marijuanamoment.net/congressional-committee-could-take-up-marijuana-reform-fairly-soon-chairman-says/
Nevada marijuana lawsuit highlights license competition:
"The Nevada Department of Taxation is facing at least six lawsuits from companies disgruntled with the most recent application process":
https://www.reviewjournal.com/news/pot-news/nevada-marijuana-lawsuit-highlights-license-competition-1581075/
California lawmakers propose cannabis tax cuts to curb the state’s black market:
https://mjbizdaily.com/california-lawmakers-propose-cannabis-tax-cuts-to-curb-the-states-black-market/
Trump Attorney General Pick Puts Marijuana Enforcement Pledge In Writing:
https://www.forbes.com/sites/tomangell/2019/01/28/trump-attorney-general-pick-puts-marijuana-enforcement-pledge-in-writing/#101917ed5435