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It's laughable. Who's really scared of a crackdown ?
Hokiest crackdown ever. Snowflakes melt quickly
Jeff Sessions’ Anti-Pot Federal Crackdown Is In Full Force
When President-elect Donald Trump nominated Jeff Sessions to serve as the US Attorney General, marijuana advocates began bracing for the worst. Sessions is a well-known hardliner when it comes to marijuana policy. His quip that he thought the KKK was “okay, until I found out they smoked pot,” is infamous. And it was a clear indication of Sessions’ ideology and law enforcement priorities. But until today, the 11 months since Sessions’ Senate confirmation have been mostly quiet with respect to state-legal weed. After an announcement today, however, it’s clear this was just the calm before the storm. As of today, Jeff Sessions’ anti-pot federal crackdown is in full force.
Jeff Sessions’ Anti-Pot Federal Crackdown Is In Full Force
On the west coast, Californians rang in the new year with the full rollout of the state’s legal marijuana program. As of January 1, anyone 21 and over in California can legally purchase, possess, and privately consume cannabis. It’s the beginning of what many expect to be the world’s largest legal marijuana market.
And it’s not just California. Across the nation, states legislatures are introducing bills which aim to legalize cannabis in some form. Whether it’s expanding medical access or introducing recreational use laws, states are taking action to represent their constituents, a majority of whom think weed should be legal. 2017 already saw a windfall of such legislative initiatives, and 2018 promises to deliver even more.
In the meantime, the legal cannabis has blossomed into a sophisticated, well-funded and widely popular industry. Revenue from taxes on companies and sales has funded schools, educational programs, infrastructure and law enforcement agencies.
But according to anonymous officials within the Department of Justice, Attorney General Jeff Sessions is gearing up to bring the overwhelming national trend to a halt.
Jeff Sessions Is Rescinding Obama-Era “Hands Off” Policy
According to the AP, Jeff Sessions is rescinding a “hands-off” policy that has been in place since the Obama administration.
Back in 2013, then-Deputy Attorney General James M. Cole issued a memo announcing that federal law enforcement agencies would not interfere with states with legalized weed. As long as states were taking adequate measures to keep legal weed away from criminals and children, federal authorities would not prioritize enforcement of the federal ban on cannabis. Legal states would also need to stem distribution across state lines.
On the ground, this Obama-era policy essentially created a “safe haven” for states with legal weed. Removing the ever-present fear of a federal crackdown encouraged investment in the cannabis industry and created the opportunities for businesses in the medical and recreational sectors to thrive.
The “safe haven” ends today, however.
With the rescinding of the 2013 policy memo, Jeff Sessions’ anti-pot federal crackdown is in full force. Instead of the hands-off approach adopted by Obama’s DOJ, Sessions is green-lighting federal prosecutors to aggressively pursue federal marijuana enforcement.
Let’s be more specific. U.S. attorneys will now have the ability to determine which and how much federal resources will go to cracking down on state-legal marijuana programs.
As expected, anti-pot advocates are praising Sessions’ decision and celebrating it as a victory for their cause. “This is a victory. It’s going to dry up a lot of the institutional investment that has gone toward marijuana in the last five years,” said Kavin Sabet, president and CEO of Smart Approaches to Marijuana.
However, pro-cannabis advocates, civil society groups, and even some law enforcement officials are sharply criticizing Sessions’ move. They argue its a backslide to an outdated war-on-drugs approach that is ineffective at curbing the illicit trade but remarkably effective at devastating poor and minority communities.
Jeff Sessions Returns To His Drug-War Roots
Jeff Sessions served as a federal prosecutor in Alabama during the height of the war on drugs. Now, as US Attorney General, he’s applying those ideas and policies on a national scale. Obama-era justice officials worked to reduce or eliminate mandatory minimums and harsh sentences for nonviolent drug charges. Sessions has advocated for the exact opposite.
Earlier this year, Sessions issued an order that prosecutors should pursue the most serious charges possible for low-level drug offenders.
And now, with the elimination of the policy that sheltered legal weed states from federal interference, Session’s Justice Department is free to carry out the Attorney General’s extreme vision for a nation without legal cannabis. And that’s why Jeff Sessions’ anti-pot federal crackdown is in full force as of today.
https://hightimes.com/news/jeff-sessions-anti-pot-federal-crackdown-full-force/
Hokiest crackdown ever. Snowflakes melt quickly
Jeff Sessions’ Anti-Pot Federal Crackdown Is In Full Force
When President-elect Donald Trump nominated Jeff Sessions to serve as the US Attorney General, marijuana advocates began bracing for the worst. Sessions is a well-known hardliner when it comes to marijuana policy. His quip that he thought the KKK was “okay, until I found out they smoked pot,” is infamous. And it was a clear indication of Sessions’ ideology and law enforcement priorities. But until today, the 11 months since Sessions’ Senate confirmation have been mostly quiet with respect to state-legal weed. After an announcement today, however, it’s clear this was just the calm before the storm. As of today, Jeff Sessions’ anti-pot federal crackdown is in full force.
Jeff Sessions’ Anti-Pot Federal Crackdown Is In Full Force
On the west coast, Californians rang in the new year with the full rollout of the state’s legal marijuana program. As of January 1, anyone 21 and over in California can legally purchase, possess, and privately consume cannabis. It’s the beginning of what many expect to be the world’s largest legal marijuana market.
And it’s not just California. Across the nation, states legislatures are introducing bills which aim to legalize cannabis in some form. Whether it’s expanding medical access or introducing recreational use laws, states are taking action to represent their constituents, a majority of whom think weed should be legal. 2017 already saw a windfall of such legislative initiatives, and 2018 promises to deliver even more.
In the meantime, the legal cannabis has blossomed into a sophisticated, well-funded and widely popular industry. Revenue from taxes on companies and sales has funded schools, educational programs, infrastructure and law enforcement agencies.
But according to anonymous officials within the Department of Justice, Attorney General Jeff Sessions is gearing up to bring the overwhelming national trend to a halt.
Jeff Sessions Is Rescinding Obama-Era “Hands Off” Policy
According to the AP, Jeff Sessions is rescinding a “hands-off” policy that has been in place since the Obama administration.
Back in 2013, then-Deputy Attorney General James M. Cole issued a memo announcing that federal law enforcement agencies would not interfere with states with legalized weed. As long as states were taking adequate measures to keep legal weed away from criminals and children, federal authorities would not prioritize enforcement of the federal ban on cannabis. Legal states would also need to stem distribution across state lines.
On the ground, this Obama-era policy essentially created a “safe haven” for states with legal weed. Removing the ever-present fear of a federal crackdown encouraged investment in the cannabis industry and created the opportunities for businesses in the medical and recreational sectors to thrive.
The “safe haven” ends today, however.
With the rescinding of the 2013 policy memo, Jeff Sessions’ anti-pot federal crackdown is in full force. Instead of the hands-off approach adopted by Obama’s DOJ, Sessions is green-lighting federal prosecutors to aggressively pursue federal marijuana enforcement.
Let’s be more specific. U.S. attorneys will now have the ability to determine which and how much federal resources will go to cracking down on state-legal marijuana programs.
As expected, anti-pot advocates are praising Sessions’ decision and celebrating it as a victory for their cause. “This is a victory. It’s going to dry up a lot of the institutional investment that has gone toward marijuana in the last five years,” said Kavin Sabet, president and CEO of Smart Approaches to Marijuana.
However, pro-cannabis advocates, civil society groups, and even some law enforcement officials are sharply criticizing Sessions’ move. They argue its a backslide to an outdated war-on-drugs approach that is ineffective at curbing the illicit trade but remarkably effective at devastating poor and minority communities.
Jeff Sessions Returns To His Drug-War Roots
Jeff Sessions served as a federal prosecutor in Alabama during the height of the war on drugs. Now, as US Attorney General, he’s applying those ideas and policies on a national scale. Obama-era justice officials worked to reduce or eliminate mandatory minimums and harsh sentences for nonviolent drug charges. Sessions has advocated for the exact opposite.
Earlier this year, Sessions issued an order that prosecutors should pursue the most serious charges possible for low-level drug offenders.
And now, with the elimination of the policy that sheltered legal weed states from federal interference, Session’s Justice Department is free to carry out the Attorney General’s extreme vision for a nation without legal cannabis. And that’s why Jeff Sessions’ anti-pot federal crackdown is in full force as of today.
https://hightimes.com/news/jeff-sessions-anti-pot-federal-crackdown-full-force/
Better sell now ! Sell me everything
Jeff Sessions will be proud of you
Sell me all your fear I like it !
We're gonna bounce back Will you ?
Thanks for all the cheap shares today !
Headed for 80M + trading day We're popular !
High Times article just for laughs
Some people were not happy with CNN’s willingness to openly embrace the marijuana culture.
Most people haven't seen their news anchor smoke pot on live TV except for Walter Cronkite, but that was prolly just good tobacco in that pipe.
https://hightimes.com/news/cnn-anchor-smoke-pot-live-tv/
CNN anchor smoked pot on live TV
CNN Anchor Smoked Pot on Live TV During New Year’s Eve Special
Many house-dwelling Americans sat on their couches on New Year’s Eve, getting shit-faced drunk and waiting for the ball to drop to signify the coming of 2018. And many of those Americans were shocked to see people getting exceptionally stoned on live television. Even more shocking? One CNN anchor smoked pot on live TV.
Barchart says we're at 96 % buy
Shorty whooped us down on heavy 70M + share trading volume today
https://www.barchart.com/stocks/quotes/TRTC/opinion
Good post Hawaii guy !
62M + shares traded !
Shorty might have to pay up this time
Meanwhile we're selling boatloads of big California buds
Big volume again over 36M so far
Barchart gave TRTC 100 % buy rating today
https://www.barchart.com/stocks/quotes/TRTC/opinion
Barchart gave TRTC 100 % buy rating today
https://www.barchart.com/stocks/quotes/TRTC/opinion
Over 32M traded first hour !
Blue sky breakout
What is a Blue Sky Breakout?
This term is mentioned often as a stock is rallying in penny stock land, so what is a blue sky breakout? A blue sky breakout happens when a stock breaks through all previous resistance marks. After the stock breaks out it takes some time to recognize its new trading ceiling and to know where its downward resistance support will establish itself. When a blue sky breakout is occuring, short sellers are not willing to take a position because they are unsure of where the stock will bounce back down from.
TRTC has 2 rec dispensaries open today in California
UPDATE - Terra Tech Corp. to Commence Adult Use Cannabis Sales in California on January 1, 2018
TERRA TECH GRANTED TEMPORARY ADULT-USE LICENSES BY STATE OF CALIFORNIA
UPDATE - Terra Tech Corp. to Commence Adult Use Cannabis Sales in California on January 1, 2018
Download as PDF January 01, 2018
TERRA TECH GRANTED TEMPORARY ADULT-USE LICENSES BY STATE OF CALIFORNIA
IRVINE, CA -- (Marketwired) -- 01/01/18 -- Terra Tech Corp. (OTCQX: TRTC) ("Terra Tech" or the "Company"), a vertically integrated cannabis-focused agriculture company, today announced that it has received State of California Temporary Authorization to distribute and retail cannabis, and expects to receive authorizations to cultivate and manufacture cannabis for California's adult-use and medical markets, effective January 1, 2018. Terra Tech plans to commence adult-use cannabis sales to the California market immediately through its Blüm retail dispensaries located in Oakland and Santa Ana.
Terra Tech first started selling medical cannabis products to patients in California through its Blüm dispensary in Oakland. In anticipation of adult-use sales, the Company opened a second Blüm retail location in Santa Ana, California in September, 2017 and is currently constructing a Blüm dispensary in San Leandro, which is expected to open to the public in early 2018. The Company is also expanding its cultivation facilities through its 'Craft Cultivation' model, and has signed two craft cultivators, based in Honeydew and Salinas, to ramp production of the Company's brand of premium cannabis. The Company's IVXX cannabis is grown and harvested under the safest and most beneficial conditions, free of toxic pesticides, harmful molds and chemical residues. All products are rigorously tested and certified to the highest standards of potency and purity.
"California has the oldest medical cannabis program in the nation and has the largest population out of any state in America. This adult-use license allows us to significantly expand our potential customer base in California beyond the medical market," commented Derek Peterson, Chief Executive Officer of Terra Tech. "Terra Tech is one of only a handful of companies that has been issued this adult-use license in time for the Jan 1st start date. We believe this first mover advantage will enable us to grow our brand and gain traction with new customers in what is expected to be the nation's largest cannabis market. Over the past several months we have worked diligently to expand both our retail presence and our cultivation facilities to prepare us for this exciting opportunity and we look forward to capitalizing on our progress to grow sales and build value for shareholders."
Once issued the State of California's Temporary Authorization to conduct medical and adult cannabis retail sales, manufacturing, cultivation and distribution will be valid for 120 days and may be extended for an additional 90 days. This transition period, from January 1, 2018 through July 1, 2018, allows for existing operators to apply for their annual permits and affords the industry an opportunity to align all business operations with new state requirements. During this time period existing operators with local approval are authorized to retail the inventory on hand as of December 31, 2017, so long as it is appropriately labeled and in controlled packaging. Terra Tech is required to submit further information and documents related to each of its respective business entities to the State of California in order to secure annual adult-use and medical licenses, including but not limited to incorporation documents, business operational plans, financial information, and leadership/executive information, labor peace agreements for operations with more than 20 employees, along with proof of local approval to operate.
https://ir.terratechcorp.com/press-releases/detail/213
https://www.barchart.com/stocks/quotes/TRTC/opinion
Blum mgr Mike Alvarez is a good guy
Hitch up yer wagon and head west !
It's a long haul, but there's legal weed and other goodies when ya get there :)
https://www.facebook.com/pg/terratechcorp/photos/?ref=page_internal
New year brings pot legalization to California
By BRIAN MELLEY, ASSOCIATED PRESS LOS ANGELES — Jan 1, 2018, 4:02 AM ET
The arrival of the new year in California brought with it broad legalization of marijuana, a much-anticipated change that comes two decades after the state was the first to allow pot for medical use.
The nation's most populous state joins a growing list of other states, and the nation's capital, where so-called recreational marijuana is permitted even though the federal government continues to classify pot as a controlled substance, like heroin and LSD.
Pot is now legal in California for adults 21 and older, and individuals can grow up to six plants and possess as much as an ounce of the drug.
But finding a retail outlet to buy non-medical pot in California won't be easy, at least initially. Only about 90 businesses received state licenses to open on New Year's Day. They are concentrated in San Diego, Santa Cruz, the San Francisco Bay Area and the Palm Springs area.
Los Angeles and San Francisco are among the many cities where recreational pot will not be available right away because local regulations were not approved in time to start issuing city licenses needed to get state permits. Meanwhile, Fresno, Bakersfield and Riverside are among the communities that have adopted laws forbidding recreational marijuana sales.
Just after midnight, some Californians were raising blunts instead of champagne glasses.
Johnny Hernandez, a tattoo artist from Modesto, celebrated New Year's Eve by smoking "Happy New Year blunts" with his cousins.
"This is something we've all been waiting for," he said. "It is something that can help so many people and there's no reason why we should not be sharing that."
Hernandez said he hoped the legalization of recreational marijuana would help alleviate the remaining stigma some still believe surrounds marijuana use.
"People might actually realize weed isn't bad. It helps a lot of people," he said.
For those who worked for this day, the shift also offered joyful relief.
"We're thrilled," said Khalil Moutawakkil, founder of KindPeoples, which grows and sells weed in Santa Cruz. "We can talk about the good, the bad and the ugly of the specific regulations, but at the end of the day it's a giant step forward, and we'll have to work out the kinks as we go."
The state banned "loco-weed" in 1913, according to a history by the National Organization for the Reform of Marijuana Laws, the pot advocacy group known as NORML. The first attempt to undo that by voter initiative in 1972 failed, but three years later felony possession of less than an ounce was downgraded to a misdemeanor.
In 1996, over the objections of law enforcement, President Clinton's drug czar and three former presidents, California voters approved marijuana for medicinal purposes. Twenty years later, voters approved legal recreational use and gave the state a year to write regulations for a legal market that would open in 2018.
Today, 29 states have adopted medical marijuana laws. In 2012, Colorado and Washington became the first states to legalize recreational marijuana. Since then, five more states have passed recreational marijuana laws, including Massachusetts, where retail sales are scheduled to begin in July.
Even with other states as models, the next year is expected to be a bumpy one in California as more shops open and more stringent regulations take effect on the strains known as Sweet Skunk, Trainwreck and Russian Assassin.
The California Police Chiefs Association, which opposed the 2016 ballot measure, remains concerned about stoned drivers, the risk to young people and the cost of policing the new rules in addition to an existing black market.
"There's going to be a public-health cost and a public-safety cost enforcing these new laws and regulations," said Jonathan Feldman, a legislative advocate for the chiefs. "It remains to be seen if this can balance itself out."
At first, pot shops will be able to sell marijuana harvested without full regulatory controls. But eventually, the state will require extensive testing for potency, pesticides and other contaminants. A program to track all pot from seed to sale will be phased in, along with other protections such as childproof containers.
Jamie Garzot, founder of the 530 Cannabis shop in Northern California's Shasta Lake, said she's concerned that when the current crop dries up, there will be a shortage of marijuana that meets state regulations. Her outlet happens to be close to some of California's most productive marijuana-growing areas, but most of the surrounding counties will not allow cultivation that could supply her.
"Playing in the gray market is not an option," Garzot said. "California produces more cannabis than any state in the nation, but going forward, if it's not from a state-licensed source, I can't put it on my shelf. If I choose to do so, I run the risk of losing my license."
In 2016, the state produced an estimated 13.5 million pounds of pot, and 80 percent was illegally shipped out of state, according to a report prepared for the state by ERA Economics, an environmental and agricultural consulting firm. Of the remaining 20 percent, only a quarter was sold legally for medicinal purposes.
That robust black market is expected to continue to thrive, particularly as taxes and fees raise the cost of retail pot by as much as 70 percent.
—
Associated Press writer Michael Balsamo contributed to this report.
———
Follow AP's complete coverage of marijuana legalization in California: https://apnews.com/tag/CaliforniaMarijuana .
http://abcnews.go.com/Lifestyle/wireStory/year-brings-broad-pot-legalization-california-52080835
California bud sales could be bigger than beer
Jeremy Berke Dec. 30, 2017, 8:35 AM
California is set to begin sales of recreational marijuana on January 1.
The market is expected to hit $3.7 billion in 2018 alone, and that number will increase to over $5 billion in 2019.
Legal marijuana will be a tax windfall for the state.
Recreational cannabis sales are set to begin in California on January 1 — and the market is expected to haul in billions in revenue next year as dispensaries roll out across the state.
A report from the cannabis industry research firm BDS Analytics estimates sales of cannabis to hit $3.7 billion in 2018 alone, and predict that number will increase to $5.1 billion in 2019 as more dispensaries come online.
For comparison, beer sales in California hit $5 billion in 2017, according to industry research group IBIS World.
California — the world's sixth largest economy with a population of close to 40 million — will be a huge chunk of the total market for cannabis in North America. Legal marijuana sales are predicted to hit $9.7 billion across the seven states where recreational marijuana is legal, excluding California, and Canada in 2017 alone, according to BDS. That number is expected to hit $24.5 billion in sales by 2021, despite continued federal prohibition.
But many Californians in some of the state's largest cities will have to wait to buy legal pot. Many cities, including Los Angeles and San Francisco, haven't yet passed regulations in time for the January 1 date, reports Green State, a cannabis-focused digital outlet. That means that a number of medical dispensaries, who are trying to transition to the adult-use, or recreational market, will not have their licenses in place to open on New Year's Day.
On top of that, the price of pot is expected to increase up to 15% as California applies a new excise tax on recreational sales. According to Green State, the price of an eighth-ounce of marijuana — now around $54 including tax — will increase to approximately $65, though local municipalities may levy different fees.
While it's hard to say how this will affect the market, there is a concern here among some industry analysts that high prices may divert some customers to the black market, where they an avoid the extra fees.
"If there are only 10 regulated dispensaries in the East Bay and I live 45 minutes from one of them, I’m going to call my dealer or my unregulated delivery service like I’ve done for the last five years," Hezekiah Allen, the executive director of the California Growers Association, told Bloomberg.
"What we need to do in California right now is ensure that every Californian that wants to consume cannabis can buy it at an affordable price, conveniently, from a licensed retailer," Allen added.
All that extra tax, however, will likely be a windfall for California. By 2021, BDS Analytics predicts California will rake in up to $1.4 billion from taxes on recreational marijuana purchases.
http://www.businessinsider.com/california-legalizing-weed-on-january-1-market-size-revenue-2017-12
Good article ! Like the picture
Santa Ana dispensaries get OK to sell marijuana to adults with just an ID on New Year’s Day
https://www.ocregister.com/2017/12/30/santa-ana-dispensaries-get-ok-to-sell-marijuana-to-adults-with-just-an-id-on-new-years-day/
Barchart giving TRTC 88% buy
TRTC ranked in top 1% for current strength and upward direction
https://www.barchart.com/stocks/quotes/TRTC/opinion
Hope you have a happy New Year !
Shorty's in trouble now
Mega volume ! Over 37M traded so far
DP on ABC7 LA news tonite
Terra Tech CEO will be on channel 7 news tonight at 5 and 6 pm pst. to discuss launching recreational cannabis in California
Terra Tech CEO will be on channel 7 news tonight at 5 and 6 pm. to discuss launching recreational cannabis in... https://t.co/1EdSBiQfHh
— Blüm Holdings (@blumholdings) December 28, 2017
Barchart gave TRTC 88% buy rating today
https://www.barchart.com/stocks/quotes/TRTC/opinion
Grinch steals Christmas
Husband, 83, wife, 80, wanted to give weed as Christmas gifts
Nebraska sheriff's deputies found 60 bags of marijuana in the truck of an elderly California couple on Tuesday. The couple said they were planning to give the weed out as Christmas gifts. (Photo: York County Sheriff's Department)
An elderly California couple caught with more than $300,000 worth of marijuana during a cross-country road trip told authorities they wanted to give the pot out as Christmas gifts.
Patrick Jiron, 83, and his wife Barbara Jiron, 80, were both cited for marijuana possession during a Tuesday traffic stop in York County, Nebraska.
York County deputies pulled the couple over after spotting their 2016 Toyota Tacoma driving over the center line and failing to signal on Interstate 80.
The deputies noticed the odor of raw marijuana coming from the car. Patrick Jiron then admitted there was "contraband" in the car, the sheriff's department said, and allowed the deputies to search the truck.
In the truck were 60 pounds of marijuana with an estimated street value of more than $300,000. Concentrated THC also was inside the vehicle, the sheriff's department said.
The couple, from Clearlake Oaks, Calif., said they were coming from California and planned to give the weed as Christmas presents to friends and family in Boston and Vermont.
The couple also was cited for not having a drug tax stamp.
The York News-Times reported Patrick Jiron was booked into the York County Jail. Barbara Jiron was not taken to jail, the News-Times wrote, because of a medical issue.
https://www.usatoday.com/story/news/nation-now/2017/12/22/husband-83-wife-80-wanted-give-weed-christmas-gifts/976895001/
VA updates MMJ policy for Veterans
VA Rolls Out New Medical Marijuana Policy For Vets
The new policy strongly urges doctors to discuss medical marijuana use with their patients.
Published 3 hours ago on December 19, 2017 By Tim Kohut
There has always been some disconnect between veterans and medical marijuana.
Although there has been plenty of evidence to suggest cannabis would be beneficial to veterans for a wide array of ailments, the U.S. Department of Veterans Affairs has been reluctant to allow their doctors to formally recommend it as a treatment option. However, as the VA rolls out a new medical marijuana policy tor vets, it appears doctors are now permitted to at least discuss potential use with their patients.
A New Medical Marijuana Policy For Vets
No, VA doctors are still not permitted to recommend medicinal cannabis to their veteran patrons. However, under the new guidelines, doctors can discuss the possibility with their patients, who can then get a formal recommendation from another doctor.
Essentially, the VA is saying it will not be responsible for providing veterans with medical marijuana, but it won’t disallow patients from getting medical pot from private practitioners.
“Veterans must not be denied VHA services solely because they are participating in State-approved marijuana programs,” the new policy states.
However, the policy continues the VA’s longstanding “prohibition on recommending, making referrals to or completing forms and registering Veterans for participation in State-approved marijuana programs.”
Under the new set of guidelines, doctors are also required to closely monitor and record their patients’ use of medical marijuana.
“Clinical staff may discuss with Veterans relevant clinical information regarding marijuana and when this is discussed it must be documented in the Veteran’s medical record,” the policy states. “Providers need to make decisions to modify treatment plans based on marijuana use on a case-by-case basis, such decisions need to be made in partnership with the Veteran and must be based on concerns regarding Veteran health and safety.”
Final Hit: VA Rolls Out New Medical Marijuana Policy For Vets
While the new policy urges VA doctors to “discuss with the Veteran marijuana use, due to its clinical relevance to patient care, and discuss marijuana use with any Veterans requesting information about marijuana,” the department claims to still be in compliance with federal law, which still considers cannabis a Schedule I narcotic.
V.A. Secretary David Shulkin reiterated as much during a White House briefing back in May.
“Until time the federal law changes, we are not able to be able to prescribe medical marijuana for conditions that may be helpful,” he said.
However, the VA’s interpretation of the country’s medical marijuana laws could be considered misguided.
According to a 2003 Supreme Court ruling, doctors own the First Amendment right to recommend medical cannabis to patients, as long as they don’t actually give their patients the cannabis themselves. Under the current federal law, doctors are not permitted to prescribe patients marijuana like other drugs, but they are allowed to provide recommendations that allows patients to purchase it themselves at medical dispensaries.
So while Shulkin and the rest of the VA may cite federal law for their staunch policy, in reality, it’s their own doing. The brand new policy is set to run through the end of 2022. Hopefully, by then, veterans will have an even easier time getting their hands on the plant. But for now, this is a step in the right direction.
https://hightimes.com/news/va-new-medical-marijuana-policy-vets/
2018 is gonna be a better year.
Only a few 2017 trading days left
Sky is falling ? Merry Christmas !
God bless us Everyone ...
Go SGSIF !
Awesome trading day !
Barchart rated TRTC 72% BUY
Terra Tech Corp (TRTC)
0.2360 +0.0047 (+2.03%) 12/05/17 [OTHER OTC]
POST-MARKET 0.2369 +0.0009 (+0.38%) 16:04 ET
BARCHART OPINION for Tue, Dec 5th, 2017
Overall Average:
72% BUY
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
https://www.barchart.com/stocks/quotes/TRTC/opinion
Could be a buyback to stop a buyout
Executing a stock buyback can also be a strategic maneuver used to fend off hostile takeovers. In fact, this strategy was once so popular that many companies, to prevent investor panic, would specifically state that newly announced buybacks were not a result of a takeover attempt.
A takeover occurs when one company, called the bidder, seeks to acquire another company, called the target, by purchasing enough shares of stock to have a majority stake in the company. Since each share of stock represents a portion of company ownership, owning more than half of the outstanding shares essentially means the bidder owns the target company. If the target company does not want to be acquired, the takeover is considered hostile.
How can a company buy back shares to fend off a hostile takeover?
https://www.investopedia.com/ask/answers/052115/how-can-company-buy-back-shares-fend-hostile-takeover.asp
Read more: A Breakdown Of Stock Buybacks https://www.investopedia.com/articles/02/041702.asp#ixzz50R1R5NlT