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PR with developments in the company that Mcoa had or has 150M shares. Wish my trade company would let me buy for under a penny. Ally doesn't let me. Sad.
SAN DIEGO, Nov. 12, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout Inc. (OTCPink:GOHE) (“Global”) and its wholly owned subsidiary MTrac Tech Corp. (“MTrac” or the “Company”) are pleased to announce that their payments platform has gone live in Colorado, which represents its third active state in pursuit of its nationwide expansion plans, and boarded its newest San Diego client, which is one of the largest dispensaries in the county and represents MTrac’s fourth client in its home town.
MTrac’s first Colorado client is a company with two dispensaries, one in Denver and one in Boulder. The company is well-established and holds state licenses that comprise the full vertical from cultivation and manufacturing to retail. As with most cannabis businesses, cash heavy operations pose many challenges, and this Colorado company was in need of a secure, compliant, and customer-friendly cashless solution to streamline its business expenditures processes.
“The launch in Colorado offers shareholders a firm example of MTrac following up on its promise to expand.” Said Global Payout COO, David Flores. “We are now live in 3 states and we expect that number to grow as we continue to streamline our onboarding processes. Colorado was the first to offer recreational cannabis, and many companies have attempted to solve the cash problem for those businesses. To date, many have tried but none have fully succeeded, and I believe MTrac to be the solution that this market has been waiting for.”
MTrac also went live this week with its newest San Diego client, which is one of the largest dispensaries in the county, where (7) processing terminals were deployed, and MTrac experienced its largest revenue numbers since its relaunch at the beginning of October. The MTrac team anticipates having another two San Diego locations live before month’s end. Because of its San Diego origin and executive headquarters, the MTrac team is committed to making San Diego the safest, most compliant, cannabis community in the nation. MTrac’s executive team recently sat down with the San Diego Mayor’s office to introduce the platform and the many government oversight benefits of ledger technology to facilitate regulatory compliance. MTrac aims to make San Diego the first cashless and compliant cannabis city as a model for others to follow.
“Now let’s consider the true potential of this company.” Said Global Payout CEO, Vanessa Luna. “Many of our shareholders have been wondering what this all means, and how we plan to increase shareholder value and clean up the company’s stock to showcase what I consider to be a hidden gem in the OTC market. With our technology partners and MTrac’s exclusive software licensing rights within the industry, our goal is focused on mass market adoption. We have an extensive pipeline of dispensary, CBD, other high-risk, and low risk sector accounts coming on board and would estimate our existing pipeline at around 50 merchants looking to be fully transacting before the end of the year. Our transactional revenue is steadily increasing with each new merchant that goes live on the system and takes advantage of the increased sales that accompany the ability to offer their customers secure and compliant card payments at the register. After several months of hard work and dedication, MTrac has arrived at a point where we are creating value for our clients and, in my opinion, positioned perfectly to continue crushing revenue expectations over the coming months. To the loyal shareholders who have stuck with us throughout this entire process, we thank you and we offer you our continued assurance that we remain diligent in our intent of taking MTrac nationwide and turning this into a truly remarkable success story for you and for everyone who has contributed to our journey along the way. I expect to have a lot of exciting announcements in the near future as we continue to execute our business objectives and cultivate larger relationships. I am always saying, “this is only the beginning” and by that, I mean there is no stopping our drive to successfully offer our service in the highest caliber possible. Stay tuned!”
In addition to MTrac’s ongoing expansion within the industry, the Company is also pleased to announce that it remains on track in its intention of completing and filing the Form-10 in the next few weeks and looks forward to the opportunity it will provide the Company to transparently showcase its growth and financial progress.
As a reminder, the MTrac Tech team will be represented in full-force at this week’s MJBizCon in Las Vegas. Those who are able to make the trip to the convention are encouraged to visit the MTrac Tech team at booth #1754 where the MTrac payment platform will be displayed proudly for all attendees.
Must be patient, things will get better.
Somebody is Bogarting the sh*t out of this play. They won't even give it a chance to breathe. Seems that there are insiders and people with Ttrades that are worried to death that someone is going to beat them to the trigger. Every time there is a 10th of a percent rise they are cashing in on it.
3.5 Million shares and maybe looking at .025 before lunch.
The issues that you mentioned did not prevent the pps from surging in January and it was J. Sessions that diverted it. So no I don't believe that you are correct. Sorry. Sit on the sidelines if you like or get in the game. The decision is yours. I personally hate it when I miss an opportunity. I tried to buy Canadian plays but my online trading would not permit it. So my eggs are in this basket. The As Seen On TV is a win win. Pet Drops are the way to go right now and no one else had the brain storm to do that. These drops are very affective and they will sell a ton of them. Ask is at .024 it would seem.
The closing number shows .0216 but chart on Marketwatch shows .024. So we start Thursday at .024 on news that the enemy of Cannabis Jeff B. Sessions is gone. Plus some very powerful prs from The Company. There is an ace up the sleeve and it is about to blow this to kingdom come. Anyone interested in covering had better do so right away. First thing in the morning. Don't wait. Volume 23.3 Million shares yesterday.
A real opportunity presented itself here recently and Mcoa was a great price. I hope others here took advantage of it, I know I did and am so glad. I believe we will see a substantial lift in share price going into Friday. Jeepers Mr. Wilson!
Kowabunga Mr. Wonderful we're in business
The question is, should I invest more? Answer YES.
Picked up another 100,000 today. Whoever is holding this down, it won't be forever. Sooner or later something is going to break.
Pet drops are amazing. I have been using them with my dog on road trips and they completely remove the anxiety. I can see why they would feature this item for pets rather then humans at these early stages of CBD use.
Seems like eaph was constantly having Loi prs as well. And it is not a signed contract. It could still go either way, am I wrong? So while it seems promising and I do hope for everyone's sake that this will move the share price upward, I am not seeing green in the form of cash. Therefore I will continue holding before buying more shares. I am hoping to make money post election in some other mj plays and figure there will still be time to get back shares in Amfe. I am currently holding about a fourth of what I once had. If this were a signed contract and money in the bank that would be different imo. Stop sign still in place, Loi for eight units, other considerations etc. Not seeing a big launch in price per share at all.
Wondering if Morning games are shipped yet? Christmas is now in full swing.
Marijuana Midterms: What to Watch on Election Day
Posted by CN Staff on November 02, 2018 at 14:35:56 PT
By Annamarya Scaccia
Source: Rolling Stone
cannabis USA -- This year’s midterm elections are, by far, one of the most crucial in American history. Millions of voters will take to the polls on Tuesday, November 6th, and ultimately determine the fate of the country moving forward.
In addition to voting people into office, people across the country will also decide on hundreds of significant ballot initiatives, including statewide measures to legalize marijuana in some form. From California to Utah, comprehensive cannabis reform has taken center stage in a key number of states. And the results of next week’s elections could bring about a sea change in how we treat pot in America.
Here’s a roundup of what’s on the ballots and which races to watch.
Statewide Ballot Measures, Recreational
Michigan
Michigan could become the first state in the Midwest to legalize recreational cannabis use, joining nine other states, if voters pass Proposition 18-1. The ballot initiative would make marijuana legal for adults who are age 21 or older, and allow for flower, concentrates or cannabis-infused edibles. Prop 18-1 would also give consumers permission to cultivate up to 12 plants for personal use, but limit possession to 10 ounces of marijuana products stored in their home and to 2.5 ounces in public, provided no more than 15 grams are in concentrate form. (Using cannabis in public, though, is prohibited under the measure). The state would also impose a 10 percent cannabis sales tax, the revenue from which would go toward infrastructure, clinical research, education and regularly costs, as well as localities where marijuana businesses operate. Prop 18-1 would also give local municipalities the ability to opt out of the program, letting them ban or restrict the commercial cannabis industry in their area. The opt-out scheme, though, only applies to recreational marijuana businesses and doesn’t apply to personal cultivation or possession.
North Dakota
North Dakota is another state where cannabis legalization is on the table for voters. The state’s Measure 3 would remove “hashish, marijuana, and tetrahydrocannabinols” (THC) from its list of Schedule I substances, ultimately making recreational pot use legal for all adults. If passed, the ballot initiative would prohibit anyone over 21 years old from being prosecuted for a nonviolent cannabis-related offense, such as growing, possession or selling, and wouldn’t impose any limits, so there’s no cap on the amount of cannabis a North Dakotan could possess or how many cannabis plants they can cultivate at home. But the legislation is not just about legalization — it also fits into the larger criminal justice reform and expungement movement. Measure 3 would give thousands of North Dakotans a fresh start by triggering the automatic expungement of all nonviolent convictions for “a controlled substance that has been legalized” (in this case, cannabis) and create an appeals process for people who claim the state didn’t expunge their record properly. A potential downside: Measure 3 doesn’t have provisions for regulations or licensing, nor does it create a cannabis-specific tax, which means the state won’t reap the rewards of legalizing weed.
Statewide Ballot Measures, Medicinal
Utah
Voters in Utah will decide on Proposition 2, a ballot measure that would legalize medical marijuana, which 77 percent of Utahans supports, according to UtahPolicy.com. If approved, Prop 2 would allow people with a wide range of qualifying health conditions — including but not limited to HIV, chronic pain, autism, epilepsy, Alzheimer’s, ALS, cancer, gastrointestinal disorders and post-traumatic stress disorder — to obtain raw cannabis flower or oils, edibles and other cannabis products containing THC or CBD for therapeutic use, as well as grow up to six cannabis plants for personal medicinal use in limited circumstances. The initiative would also establish state-controlled medical marijuana dispensaries. If Prop 2 fails, Gov. Gary Herbert has said he would push the state legislature to pass a medical marijuana bill.
Missouri
Michigan, North Dakota and Utah, Missouri has three — yes, three — legalization initiatives on its ballot, all of which relate to medical marijuana only. Though competing, the measures are markedly different in scope and intention. The first one, Amendment 2, is the most substantive ballot initiative and aligns most closely with other state medical marijuana programs. Amendment 2 would legalize medical cannabis and impose a 4 percent sales tax, the revenue of which would fund veteran health care services. The second measure, Amendment 3, written by Brad Bradshaw, a local attorney and physician, is less comprehensive — it would legal medical marijuana and imposes a 15 percent sales tax that would fund a research and drug development institute. That clinical facility, though, would be run by Bradshaw, which critics claims it means he stands to gain millions if his measure got the green light from voters. Bradshaw, though, denies this, telling Fox2Now, “People think I`m actually going to make money off of this. But it’s actually written into the constitutional amendment that the person who serves in the spot where I will be temporarily, will be unpaid.” The third and last initiative, Proposition C, penned by lobbyist Travis Brown, would create a whole new law rather than amend the state’s constitution, legalizing medical cannabis and implementing a 2 percent sales tax that would help pay for veteran’s services, drug treatment, education and law enforcement. Though that seems great on paper, Brown has been tightlipped about who’s bankrolling Proposition C, which has caused as stir in the state. As for the kinds of products patients will get under these measures, it’s unclear if there’s any discernible difference.
Local Measures
California
Although it’s legal to use and possess cannabis in California, lawmakers have still imposed bans on marijuana dispensaries and farms at the local city and county levels. Voters throughout the state will decide on more than 80 municipal ballot initiatives that would either loosen limits on commercial marijuana companies or establish local cannabis taxes, if not both.
Ohio
Voters in Ohio will decide on State Issue 1, an omnibus drug policy reform that would reduce certain cannabis use and possession felonies to misdemeanors with no jail time. (“No jail time” would be for first and second offenses committed within a 24-month period.) The proposed constitutional amendment would also cut prison time for people convicted of a drug offense who completed rehabilitation programs, among other measures. Locally, residents in Dayton will decide on an advisory measure that would decriminalize small amounts of cannabis and remove penalties for minor marijuana and hashish possession misdemeanors.
Wisconsin
There is no statewide measure on the ballot, but residents in 16 counties and two cities — Waukesha and Racine — will decide on cannabis policy in some form. These advisory referendum questions are meant to show lawmakers in the Badger State that voters want comprehensive cannabis reform, and ultimately put pressure on the state legislature to legalize recreational use cannabis next session.
Races to Watch:
Florida
There’s a good reason to the governor’s race in Florida has become national news. The two gubernatorial hopefuls, Democratic candidate Andrew Gillum and Trump-backed Republican opponent Ron DeSantis, are running neck-and-neck. But their stances on cannabis legalization could be the deciding factor for Florida voters, where more than 60 percent of voters support legalizing and regulating recreational marijuana use, according to a recent University of North Florida poll. Gillum has made the issue a key part of his platform, citing that legalizing and taxing recreational adult-use cannabis could bring in $1 billion in new state revenue that could go towards its failing school system. DeSantis, on the other hand, is against broader cannabis legalization, but has said he wants to expand Florida’s medical marijuana program in some form.
Illinois
As seen in Florida, the candidates in Illinois’ gubernatorial race are decidedly split when it comes to the issue of cannabis legalization, and their respective stances may ultimately tip the scales. Incumbent Gov. Bruce Rauner, who signed a medical marijuana bill into law over the summer, is a staunch opponent of legalizing recreational marijuana use, while the Democratic candidate, J.B. Pritzker, has called for smart cannabis policy, suggesting that pot legalization could generate hundreds of millions in annual state tax revenue. (Pritzker has also made criminal justice reform related to drug offenses a part of his platform.) Kash Jackson, the Libertarian challenger, also supports legalizing recreational cannabis use and has promised to pardon non-violent marijuana convictions. If Pritzker or Jackson is elected, Illinois could then become one of the first Midwestern state to legalize cannabis — that is, if Michigan’s ballot initiative fails.
Connecticut
Connecticut is another state where the gubernatorial race is tight and cannabis reform could play a role in which way it swings. Ned Lamont, the Democratic candidate, supports legalizing and regulating recreational marijuana and believes that the added tax revenue, which is estimated to be around $30 million, could help fix Connecticut’s budgeting crisis — though there’s some skepticism around this claim, even among pro-legalization advocates. His Republican opponent, Bob Stefanowski, is not against recreational cannabis legalization per se, but has said that it is not a focal point of his agenda. Oz Griebel, their Independent challenger, supports “a responsible path to legalization” that also incorporates criminal justice reform and uses tax revenue on mental health, substance use programs and education programs.
Minnesota
Like Connecticut and Florida, Minnesota’s gubernatorial race is almost extremely close, and the candidates sit on opposite sides of the spectrum when it comes to marijuana reform. Democratic contender Tim Walz, the favored candidate, supports legalizing and regulating cannabis for any use, and cites the tax-related economic benefits as part of his position. Jeff Johnson, his Trump-backed Republican challenger, is opposed to the legalization of recreational pot use, though he’s said he may consider expanding the state’s medical marijuana program. Josh Welter and Chris Wright, the Libertarian and Grassroots candidates, respectively, side with Walz when it comes to legal weed.
Texas
When it comes to Senate races, all eyes are on Texas. Democrat Beto O’Rourke is chasing after Republican incumbent Ted Cruz’s seat in Congress, and the fight is heated. (After all, Cruz wants to protect his standing in the hard red state, while an upset by O’Rourke would unravel Texas conservatism.) One major point of contention between the candidates: Cannabis legalization. The issue had become a key focus of the race after Cruz tried to paint O’Rourke as “too liberal” for Texas because of his drug policy reform. That’s because the El Paso congressman has made marijuana decriminalization, legalization and regulation a major part of his political platform since being elected into office in 2012 (though it’s not a major part of his senate campaign, according to the Texas Tribune). Cruz, on the other hand, is opposed to legalizing cannabis, but has argued as a senator that state’s rights should be preserved on the matter. In other words, his hands-off approach has him straddling both sides of the fence. Comprehensive cannabis reform may not be the decidi—g factor in the Texas senate race — understandably so, if you follow Texas politics — but there’s no doubt that it’ll play a role.
Source: Rolling Stone (US)
Author: Annamarya Scaccia
Published: November 2, 2018
Copyright: 2018 Straight Arrow Publishers Company, L.P.
Contact: letters@rollingstone.com
Website: http://www.rollingstone.com/
URL: http://drugsense.org/url/47fLmVck
CannabisNews -- Cannabis Archives
http://cannabisnews.com/news/list/cannabis.shtml
Marijuana Midterms: What to Watch on Election Day
Posted by CN Staff on November 02, 2018 at 14:35:56 PT
By Annamarya Scaccia
Source: Rolling Stone
cannabis USA -- This year’s midterm elections are, by far, one of the most crucial in American history. Millions of voters will take to the polls on Tuesday, November 6th, and ultimately determine the fate of the country moving forward.
In addition to voting people into office, people across the country will also decide on hundreds of significant ballot initiatives, including statewide measures to legalize marijuana in some form. From California to Utah, comprehensive cannabis reform has taken center stage in a key number of states. And the results of next week’s elections could bring about a sea change in how we treat pot in America.
Here’s a roundup of what’s on the ballots and which races to watch.
Statewide Ballot Measures, Recreational
Michigan
Michigan could become the first state in the Midwest to legalize recreational cannabis use, joining nine other states, if voters pass Proposition 18-1. The ballot initiative would make marijuana legal for adults who are age 21 or older, and allow for flower, concentrates or cannabis-infused edibles. Prop 18-1 would also give consumers permission to cultivate up to 12 plants for personal use, but limit possession to 10 ounces of marijuana products stored in their home and to 2.5 ounces in public, provided no more than 15 grams are in concentrate form. (Using cannabis in public, though, is prohibited under the measure). The state would also impose a 10 percent cannabis sales tax, the revenue from which would go toward infrastructure, clinical research, education and regularly costs, as well as localities where marijuana businesses operate. Prop 18-1 would also give local municipalities the ability to opt out of the program, letting them ban or restrict the commercial cannabis industry in their area. The opt-out scheme, though, only applies to recreational marijuana businesses and doesn’t apply to personal cultivation or possession.
North Dakota
North Dakota is another state where cannabis legalization is on the table for voters. The state’s Measure 3 would remove “hashish, marijuana, and tetrahydrocannabinols” (THC) from its list of Schedule I substances, ultimately making recreational pot use legal for all adults. If passed, the ballot initiative would prohibit anyone over 21 years old from being prosecuted for a nonviolent cannabis-related offense, such as growing, possession or selling, and wouldn’t impose any limits, so there’s no cap on the amount of cannabis a North Dakotan could possess or how many cannabis plants they can cultivate at home. But the legislation is not just about legalization — it also fits into the larger criminal justice reform and expungement movement. Measure 3 would give thousands of North Dakotans a fresh start by triggering the automatic expungement of all nonviolent convictions for “a controlled substance that has been legalized” (in this case, cannabis) and create an appeals process for people who claim the state didn’t expunge their record properly. A potential downside: Measure 3 doesn’t have provisions for regulations or licensing, nor does it create a cannabis-specific tax, which means the state won’t reap the rewards of legalizing weed.
Statewide Ballot Measures, Medicinal
Utah
Voters in Utah will decide on Proposition 2, a ballot measure that would legalize medical marijuana, which 77 percent of Utahans supports, according to UtahPolicy.com. If approved, Prop 2 would allow people with a wide range of qualifying health conditions — including but not limited to HIV, chronic pain, autism, epilepsy, Alzheimer’s, ALS, cancer, gastrointestinal disorders and post-traumatic stress disorder — to obtain raw cannabis flower or oils, edibles and other cannabis products containing THC or CBD for therapeutic use, as well as grow up to six cannabis plants for personal medicinal use in limited circumstances. The initiative would also establish state-controlled medical marijuana dispensaries. If Prop 2 fails, Gov. Gary Herbert has said he would push the state legislature to pass a medical marijuana bill.
Missouri
Michigan, North Dakota and Utah, Missouri has three — yes, three — legalization initiatives on its ballot, all of which relate to medical marijuana only. Though competing, the measures are markedly different in scope and intention. The first one, Amendment 2, is the most substantive ballot initiative and aligns most closely with other state medical marijuana programs. Amendment 2 would legalize medical cannabis and impose a 4 percent sales tax, the revenue of which would fund veteran health care services. The second measure, Amendment 3, written by Brad Bradshaw, a local attorney and physician, is less comprehensive — it would legal medical marijuana and imposes a 15 percent sales tax that would fund a research and drug development institute. That clinical facility, though, would be run by Bradshaw, which critics claims it means he stands to gain millions if his measure got the green light from voters. Bradshaw, though, denies this, telling Fox2Now, “People think I`m actually going to make money off of this. But it’s actually written into the constitutional amendment that the person who serves in the spot where I will be temporarily, will be unpaid.” The third and last initiative, Proposition C, penned by lobbyist Travis Brown, would create a whole new law rather than amend the state’s constitution, legalizing medical cannabis and implementing a 2 percent sales tax that would help pay for veteran’s services, drug treatment, education and law enforcement. Though that seems great on paper, Brown has been tightlipped about who’s bankrolling Proposition C, which has caused as stir in the state. As for the kinds of products patients will get under these measures, it’s unclear if there’s any discernible difference.
Local Measures
California
Although it’s legal to use and possess cannabis in California, lawmakers have still imposed bans on marijuana dispensaries and farms at the local city and county levels. Voters throughout the state will decide on more than 80 municipal ballot initiatives that would either loosen limits on commercial marijuana companies or establish local cannabis taxes, if not both.
Ohio
Voters in Ohio will decide on State Issue 1, an omnibus drug policy reform that would reduce certain cannabis use and possession felonies to misdemeanors with no jail time. (“No jail time” would be for first and second offenses committed within a 24-month period.) The proposed constitutional amendment would also cut prison time for people convicted of a drug offense who completed rehabilitation programs, among other measures. Locally, residents in Dayton will decide on an advisory measure that would decriminalize small amounts of cannabis and remove penalties for minor marijuana and hashish possession misdemeanors.
Wisconsin
There is no statewide measure on the ballot, but residents in 16 counties and two cities — Waukesha and Racine — will decide on cannabis policy in some form. These advisory referendum questions are meant to show lawmakers in the Badger State that voters want comprehensive cannabis reform, and ultimately put pressure on the state legislature to legalize recreational use cannabis next session.
Races to Watch:
Florida
There’s a good reason to the governor’s race in Florida has become national news. The two gubernatorial hopefuls, Democratic candidate Andrew Gillum and Trump-backed Republican opponent Ron DeSantis, are running neck-and-neck. But their stances on cannabis legalization could be the deciding factor for Florida voters, where more than 60 percent of voters support legalizing and regulating recreational marijuana use, according to a recent University of North Florida poll. Gillum has made the issue a key part of his platform, citing that legalizing and taxing recreational adult-use cannabis could bring in $1 billion in new state revenue that could go towards its failing school system. DeSantis, on the other hand, is against broader cannabis legalization, but has said he wants to expand Florida’s medical marijuana program in some form.
Illinois
As seen in Florida, the candidates in Illinois’ gubernatorial race are decidedly split when it comes to the issue of cannabis legalization, and their respective stances may ultimately tip the scales. Incumbent Gov. Bruce Rauner, who signed a medical marijuana bill into law over the summer, is a staunch opponent of legalizing recreational marijuana use, while the Democratic candidate, J.B. Pritzker, has called for smart cannabis policy, suggesting that pot legalization could generate hundreds of millions in annual state tax revenue. (Pritzker has also made criminal justice reform related to drug offenses a part of his platform.) Kash Jackson, the Libertarian challenger, also supports legalizing recreational cannabis use and has promised to pardon non-violent marijuana convictions. If Pritzker or Jackson is elected, Illinois could then become one of the first Midwestern state to legalize cannabis — that is, if Michigan’s ballot initiative fails.
Connecticut
Connecticut is another state where the gubernatorial race is tight and cannabis reform could play a role in which way it swings. Ned Lamont, the Democratic candidate, supports legalizing and regulating recreational marijuana and believes that the added tax revenue, which is estimated to be around $30 million, could help fix Connecticut’s budgeting crisis — though there’s some skepticism around this claim, even among pro-legalization advocates. His Republican opponent, Bob Stefanowski, is not against recreational cannabis legalization per se, but has said that it is not a focal point of his agenda. Oz Griebel, their Independent challenger, supports “a responsible path to legalization” that also incorporates criminal justice reform and uses tax revenue on mental health, substance use programs and education programs.
Minnesota
Like Connecticut and Florida, Minnesota’s gubernatorial race is almost extremely close, and the candidates sit on opposite sides of the spectrum when it comes to marijuana reform. Democratic contender Tim Walz, the favored candidate, supports legalizing and regulating cannabis for any use, and cites the tax-related economic benefits as part of his position. Jeff Johnson, his Trump-backed Republican challenger, is opposed to the legalization of recreational pot use, though he’s said he may consider expanding the state’s medical marijuana program. Josh Welter and Chris Wright, the Libertarian and Grassroots candidates, respectively, side with Walz when it comes to legal weed.
Texas
When it comes to Senate races, all eyes are on Texas. Democrat Beto O’Rourke is chasing after Republican incumbent Ted Cruz’s seat in Congress, and the fight is heated. (After all, Cruz wants to protect his standing in the hard red state, while an upset by O’Rourke would unravel Texas conservatism.) One major point of contention between the candidates: Cannabis legalization. The issue had become a key focus of the race after Cruz tried to paint O’Rourke as “too liberal” for Texas because of his drug policy reform. That’s because the El Paso congressman has made marijuana decriminalization, legalization and regulation a major part of his political platform since being elected into office in 2012 (though it’s not a major part of his senate campaign, according to the Texas Tribune). Cruz, on the other hand, is opposed to legalizing cannabis, but has argued as a senator that state’s rights should be preserved on the matter. In other words, his hands-off approach has him straddling both sides of the fence. Comprehensive cannabis reform may not be the decidi—g factor in the Texas senate race — understandably so, if you follow Texas politics — but there’s no doubt that it’ll play a role.
Source: Rolling Stone (US)
Author: Annamarya Scaccia
Published: November 2, 2018
Copyright: 2018 Straight Arrow Publishers Company, L.P.
Contact: letters@rollingstone.com
Website: http://www.rollingstone.com/
URL: http://drugsense.org/url/47fLmVck
CannabisNews -- Cannabis Archives
http://cannabisnews.com/news/list/cannabis.shtml
On the eve of a big PR. Just looking at how the market responds to Amfe Prs. I think of it like a rocket launch. It needs to be pretty big to get it beyond gravity and into space. If it isn't powerful enough then the share price will crash and burn. There has been prs released that everyone had anticipated a boost and then the pps dropped considerably. Seems like it is a, show us the money proposition.
It is true that some are. However the republicans have become a party of Trump imo. And he, so far anyway has opted to ignore the campaign promise to let states have the right to make laws without the Federal classification on cannabis. It is all about the base and making them happy. The Dems on the other hand have become a party that have voiced a desire to legalize cannabis.
If the Dems win big in election expect a jump in pps
Congrats if you bought on The dip.
I also am glad for the heads up on Gohe. This stock that is a Mcoa investment is beginy to perform. Very well. Mcoa/Gohe win win
Like the way this is trading
Amfe is a great company and eventually the share cost will be where it should be, at least at .25. Here is the thing though. That hasn't been the case. I love reading Seaton but the reality is, his many predictions based on charts did not materialize. They should have but they didn't. ie. double bottoms and other impressive thoughts about consolidation. Think about the Prs. we have had in the past 15 months. Quite numerous and impressive. Yet look at the decline in price. Flagship Midtown, Morning, 28 black, warehouse pictures, employee photos, Snakes videos, Games, Tempe, you name it. It is almost like Humpty Dumpty can't seem to get up. The one thing that did affect the Price was the news of audit and now those gains have been lost. I am a shareholder but my count has diminished in favor of companies that imo will move quickly. Long is one thing but an investment that takes years to develop is not what many of us had in mind when we bought in. No one thought that, when we were lead to believe that audit would be done in a relatively short period of time, that 15 months later we would be dragging ass at, on or below .08 with a stop sign. Isn't that the thing with pennies though? This one seemed so sure, however.
Because of the aforementioned thoughts it is my opinion that it may be yet a while before the big pay off. My point is if none of the above shook the share price then it is also likely that subsequent PRs will also have a declining affect. Unless something earth shattering happens such as big Grow3 news.
"You lively up yourself and don't be no drag,
You lively up yourself,
cause this is the other bag
Hey lively up yourself." Bob Marley
I know that investors in Pennies frown on charts sometimes. However something about this chart and knowledge about the company and little things like "UPLIST, PROPERTY, HARVEST, HEMP SMART, 150 MILLION SHARES OF GOHE."
Do we see a pattern here? One Love people buy, hold.
I will be backing off on my posts here for a while. Seems like just about everything has been discussed and we will be in a wait and see mode. Either the company has something going on that none of us knows about or it's a gonner. Just wait and see that's it.
Was able to accumulate a half million shares at this bottom level. Grateful for the gift and one day this will spike.
Looking forward to a bounce today due to the break in a 6 day losing streak in the cannabis sector.
Quote: "I don't think there is ANY MJ stock that is a better value then AMFE right now" "This would be a time when an investor like Buffet would be out of MJ and into the quiet plays that have been under heavy "fear." (like amfe?)
It is true that the MJ took a 30% beating over the past week or two. Going back to August 14, there was a surge in stock prices and as is true in pennies, half of that surge was subsequently lost (see chart; North American index marijuanaindex.com). This is still an infant index and imo we have only begun to see growth. I agree that it is a time of consolidation.
We all know that if and when Amfe posts a meaningful PR regarding the grozone segment of the company it will be a good indication that this is really a MJ related business. Unfortunately that hasn't happened and the result has been confusion. Where exactly do we stand in that index? Anytime investors are confused and they are, it will be evident in the share price. Comparing the MJ index to Amfe is a weird juxtaposition because this has been losing for 15 months whereas the MJ index has done nothing of the sort.
Do you realize you left out Grozone from the list of good things happening with Amfe? Have you written it off? Or just think that it is not worth mentioning? Grozone is the only thing that puts us in the Cannabis space. I get the sense that you are not the only one who has doubts about that part of the company.
MONARCH AMERICA INC. is primed for great things. Here is the headline I would like to see.
Monarch America Inc. awarded new contracts to oversee huge seed to sale production of Cannabis at state of the art facility.
Ceo Eric Hagen in an off camera interview expressed his gratitude for this new opportunity and has put away his hiking boots for now and is laser focused on the work at hand. It is now time for us to put our interests into growing some of the finest product available in the United States. We call it Running Elk Gold and will be available at a retail outlet near you.
Love the cards illustration and waiting for the 5th card. Great to have you with us and just a note to everyone else. Climb aboard the Stormy express. So glad to have her out there making deals.
Would you care to elaborate on the reasons for the drop? I think long investors are getting tired of hoping for a turn-a-round. After a year of tied up funds all the while seeing opportunities in the Cannabis Market going away. Well it is frustrating.
From Marketwatch news today. "Marijuana stocks took another broad beating on Tuesday, with the sector headed for a sixth straight loss.
The Horizons Marijuana Life Sciences exchange-traded fund HMMJ, -8.98% dropped 10%, with all 48 components trading lower, a day after it suffered its biggest-ever one-day decline. A six-session losing streak would be the longest since the seven-day stretch ending June 9, 2017.
The ETF has now lost 30% during its current losing streak, the worst six-day stretch since its inception on April 4, 2017."
Ouch. Investors getting tired of the lengthy processes of getting things right.
Why wouldn't they? I mean what are they even doing? It is like they are in hibernation.
Seems that the entire index was down 30 % yesterday. So not surprised to see the sideways trading. The key is the extraordinary volume. We will take volume any day.
I guess I am at a loss here and wondering why companies even go public if in fact they have little regard for shareholders. At some point in the past there was communication from this company. But CLEARLY, They Could Be So Much More. Wake up BTFL from your long winter sleep and see the Great Marijuana Spirit (or is it smoke from a bong?) hovering over the campfires of our investment community. Speak to us, great one what will it be? Will it be the sign of the Bear? Will it be the sign of the Bull??
Huge volume 21 million shares by 2:00. Something big brewing imo.
Close to 4 million shares in first half hour of trading. Big trading happening right here.
Ever have second thoughts? I mean after a big sell , do you hang around to watch what happens next? We all do. The thing about Dewm is, no one really knows what is going to happen. Those who have cashed in, like to think they made the right move, recall the urgings to sell, sell, sell. It was supposed to tank. It didn't. I wonder how many actual shareholders there are at this point? In some cases those who didn't sell have been called out on this board as being co-conspirators, and unpatriotic etc. I guess that's little ole me.
Red, red, red, green. Red, red, green, red, red, red, red, green. Down, down, down, down, up, down, down ,down, Stop sign, green ...where do we go from here? it's ok to sell but not ok to buy? just sayin.
I would highly recommend selling less active stocks and buying this one. The chart tells a story of the share price only being this low three times over one year and every time it bounced back to a higher number. Think of the prs we have recently had. New Brunswick, Scio, Uplist, CBD products.
Would you say that this is undervalued at .023?