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Maryland Company Green Leaf Medical LLC - a CANN/NBC-client for getting the grow-license in August 2016* - starts building its huge cultivation facilities - maybe CANN/NBC has its hands on it?!
https://www.facebook.com/greenleafmedical/photos/pb.610147365763297.-2207520000.1490366616./1134807003297328/?type=3&theater
If NBC engages here it's the second big-big project after building the site for Colorados "Best Day Ever" - see recent postings at https://www.instagram.com/next.big.crop/
And it would maybe another client outside Calorado..
Hidden facts.. but potential for big news!
$$CANN$$
* CANNs Press Release: Best Day Ever - General Cannabis Client Awarded Maryland Stage One License Pre-Approval
https://globenewswire.com/news-release/2016/08/16/864565/0/en/General-Cannabis-Client-Awarded-Maryland-Stage-One-License-Pre-Approval.html?parent=735941
Good read: POT MATTERS: TRUMP BUDGET PUSHES LEGALIZATION
http://hightimes.com/news/politics/pot-matters-trump-budget-pushes-legalization/
$CANN$ - suprise in progress..
New Code Of Ethics section added on CANN website:
http://www.generalcann.com/code-of-ethics/
The text:
"
It is our policy to conduct business according to moral, legal and ethical standards. Our employees hold important roles in corporate governance. They are vested with both the responsibility and authority to protect, balance, and preserve the interests of all of our stakeholders, including stockholders, customers, employees, suppliers, and citizens of the communities in which business is conducted. Our employees fulfill this responsibility by prescribing, enforcing and following the policies and procedures employed in the operation of the Company, and by doing the following:
Honest and Ethical Conduct. The Chief Executive Officer, the Company’s principal financial officer, treasurer, controller, principal accounting officer and persons performing similar functions (collectively, “Senior Financial Officers”) and the Company’s other employees shall exhibit and promote the highest standards of honest and ethical conduct. They shall:
Conduct Company business in an ethical, moral and legal manner.
Encourage and reward professional integrity in all aspects of the organization, including by eliminating inhibitions and barriers to responsible behavior, such as coercion, fear of reprisal, or alienation.
Seek to avoid, eliminate and/or prevent the appearance or occurrence of conflicts of interest between what is in the best interest of the Company and what could result in material personal gain for a member of the organization.
Work together and with others in the Company in order to provide a mechanism for members of the organization to inform senior management of deviations in practice from policies and procedures governing honest and ethical behavior.
Demonstrate their personal support for honest and ethical conduct through periodic communication throughout the organization regarding the importance of such conduct to the Company.
Records and Reports. The Chief Executive Officer and the Company’s principal financial officer, treasurer, controller, principal accounting officer and persons performing similar functions (collectively, “Senior Financial Officers”) will manage the Company’s transaction and reporting systems and procedures, records and public disclosures in order that:
Business transactions are properly authorized and completely and accurately recorded on the Company’s books and records in accordance with generally accepted accounting principles and established Company financial policy.
The Company’s records are retained or disposed of in accordance with applicable legal and regulatory requirements.
Reports, documents and other public communications made by the Company are delivered in a timely, fair, complete, accurate and understandable manner.
Compliance with Applicable Laws, Rules and Regulations. The Chief Executive Officer and Senior Financial Officers will establish and maintain mechanisms to:
Monitor and promote compliance with applicable governmental laws, rules and regulations.
Identify, report to the Chief Executive Officer, Chief Financial Officer or members of the Audit Committee of the Company, and correct in a swift and certain manner, any detected deviations from applicable governmental laws, rules and regulations, or this Code of Ethics.
Hold the appropriate individuals accountable for deviations from applicable governmental laws, rules and regulations, or this Code of Ethics, and make such individuals subject to disciplinary action, up to and including termination of employment with the Company.
"
I like it. CANN is strengthening its perception..
Ready for the coming rush!
Article shared by CANN on facebook:
An industry in flux: Cannabis mergers, acquisitions on the rise
http://mjbizdaily.com/an-industry-in-flux-cannabis-mergers-acquisitions-on-the-rise/
Interesting content, good share IMO
Good News: Sessions checked 'Cole Memo' and says its 'Valid' - Feds not able to enforce against legal cannabis
https://massroots.com/blog/sessions-says-obama-marijuana-memo-is-valid#/sthash.6Nq9JtQL.uxfs
Inside view: CANNs Next Big Crop succeeds:
https://www.instagram.com/next.big.crop/
Congrats! NBC completes the growsite for their client Best Day Ever in Aspen (http://bestdayeveraspenco.com).
I don't give too much on AB. There is no evaluation of the entrepreneurship behind CANN in his "judgement".
Behind CANN work a lot of motivated businessman in the field of design, consulting, security and business building. They are backed by a board of experts like Boockvar and Green.
CANN opens a good and outstanding perspective for a long lasting oppertunity to join the hemp sector.
And they are already creating revenues and proved that they know how to acquire and integrate new businesses..
I'm just listening "Under Pressure" by Queen..
Movement is coming back.. down and up.
See you folks at the top of the hill!
The whole sector under pressure.. time will tell (and change a lot). The uncertainty of Trump & co for cannabis businesses is the show-stopper, even in Canada.
In Germany and Israel they seem politically a part ahead at the moment - maybe with an supportive effect on US?!
Anyhow CANN is (like ever) in best position .. I expect the 2016 Filing until end of next week.
Sessions hints that feds won’t be cracking down on pot use
http://nypost.com/2017/03/02/sessions-hints-that-feds-wont-be-cracking-down-on-pot-use/
.. our time will come!
Sessions reassures senators: No pot crackdown imminent
http://www.politico.com/story/2017/03/jeff-sessions-marijuana-crackdown-senators-react-235616
79 Reasons Trump Should Support Legalization
http://snip.ly/27msb#https://www.leafly.com/news/politics/79-reasons-trump-support-legalization
double bottom looks good - even I don't have a clue of its impact.
$CANN prepares for the jump.. only way is up!
Washington Post Analysis: Sean Spicer seemed to tie marijuana use to opioids. The evidence isn’t on his side.
https://www.washingtonpost.com/news/morning-mix/wp/2017/02/24/sean-spicer-seemed-to-tie-marijuana-use-to-opioids-the-evidence-isnt-on-his-side/?postshare=481487936880561&tid=ss_tw
Strong position: John Hudak on Spicers statements
What the White House doesn’t know about marijuana policy
https://www.brookings.edu/blog/fixgov/2017/02/23/what-white-house-doesnt-know-about-marijuana-policy/
"To sum up, Mr. Spicer was bold in addressing a marijuana reform question head on and refusing to punt on it. His predecessors have not been so brave. He should continue to discuss this issue that matters to many Americans, and in the meantime, take today as an opportunity to push the White House to become better informed on the issue and think hard about what the best policy path forward could be."
.. means more uncertainty for the sector and CANN, no decision; we still don't know what Trump wants (Business or War) IMO
Area of tension:
Washington Post ("could"!):
Spicer: Feds could step up enforcement against marijuana use in states
https://www.washingtonpost.com/news/post-politics/wp/2017/02/23/spicer-feds-could-step-up-anti-pot-enforcement-in-states-where-recreational-marijuana-is-legal/?utm_term=.d35496c1a9b6
Observer:
Going After Marijuana Is Political Suicide—Even for Conservatives
http://observer.com/2017/02/donald-trump-jeff-sessions-marijuana-legalization/
$CANN stays forever..
Great news!
Corrected deeplinks: CANN stock starts with +12% in Germany into the week.
Maybe the recent developments in the sector play a role for the growing optimism:
- California Legislation Would Restrict Feds From Busting Cannabis Businesses
https://www.merryjane.com/news/california-federal-marijuana-enforcement-bill
- DEA - Document on marijuana health risks no longer listed
http://www.thecannabist.co/2017/02/14/dea-website-document-marijuana-health-risks-no-longer-listed/73626/
- Cannabis caucus insists it’s serious
https://www.washingtonpost.com/politics/congress/capitol-hill-buzz-cannabis-caucus-insists-its-serious/2017/02/16/aec1a272-f48e-11e6-9fb1-2d8f3fc9c0ed_story.html
- Political feint - Here's how Attorney General Sessions could shut down the legal marijuana industry overnight
http://www.businessinsider.com/attorney-general-jeff-sessions-could-shut-down-legal-marijuana-industry-politics-drugs-2017-2?IR=T
CANN, let's rock..
CANN stock starts with +12% in Germany into the week.
Maybe the recent developments in the sector play a role for the growing optimism:
- California Legislation Would Restrict Feds From Busting Cannabis Businesses
https://www.merryjane.com/news/california-federal-marijuana-enforcement-bill
- DEA - Document on marijuana health risks no longer listed
http://www.thecannabist.co/2017/02/14/...isks-no-longer-listed/73626/
- Cannabis caucus insists it’s serious
http://www.washingtonpost.com/politics/congress/...c9c0ed_story.html
- Political feint - Here's how Attorney General Sessions could shut down the legal marijuana industry overnight
http://www.businessinsider.com/...uana-industry-politics-drugs-2017-2
CANN, let's rock..
CANN: Business Trends and 2017 Outlook
Quoted from CANNs Nov. 16 press release:
http://www.generalcann.com/general-cannabis-announces-third-quarter-2016-results/
As a reminder:
"
Based on current trends, General Cannabis anticipates at least $950,000 in revenue from existing operations in the quarter ending December 31, 2016. This would position the company for approximately $3.1 million in 2016 full year revenues — a significant increase from 2015 revenues of $1.76 million.
We expect to make more acquisitions in 2017. We are currently evaluating opportunities in all areas of regulated cannabis. We remain well capitalized to help businesses expand rapidly. See our Acquisition Criteria at the end of this release.
The trend towards state regulated marijuana is accelerating. All of our businesses continue to enjoy significant demand and we are expanding our Iron Protection Group into Arizona. We expect to have this office running, with guards in the field by January 1, 2017. We anticipate IPG will also open offices in Washington, Oregon, and California in 2017.
We are already working with clients in California as they prepare for the impact of the historic amendments on their ballot. Our Next Big Crop division has the skills and experience to assist operators and investors as they take advantage of regulated cannabis expansion in what is certain to be the largest legal adult use cannabis market in the world (subject to the passing of Amendment 64 on Nov 8, 2016).
We expect continued growth in Chiefton as we roll out our marijuana specific marketing/advertising agency format.
GC Supply had a strong quarter and is poised to continue this relationship-based service to our clients in existing and new markets.
We anticipate rolling out new internally-started initiatives in 2017:
Next Big Crop’s Management Service program is accelerating. We plan to continue our active business of helping licensed producers build, open, and manage cultivation sites and retail locations, with the most cutting edge technologies available.
Canna Runner, our cash transport business, anticipates a significant increase in 2017, as Colorado Transport Rules go into effect. This IPG subdivision already provides cash transport for numerous Colorado dispensaries.
A banking solution. Using our corporate headquarters (“The Greenhouse”), and its existing hard assets, we are remodeling the facility to provide a turnkey solution for a banking operator seeking to service the regulated marijuana industry in a standalone facility.
We are actively hiring new employees. Ending the quarter at 92 employees, we anticipate increasing our employee base to 110 by year end. We are excited that we continue to provide high quality jobs in the cannabis industry.
"
It's unusually quiet on their social media.. I hope they are in preparation of sth.
Would suit the timetable..
CANN ..
Washington Post: Cannabis caucus insists it’s serious
https://www.washingtonpost.com/politics/congress/capitol-hill-buzz-cannabis-caucus-insists-its-serious/2017/02/16/aec1a272-f48e-11e6-9fb1-2d8f3fc9c0ed_story.html
Washington Post: Cannabis caucus insists it’s serious
https://www.washingtonpost.com/politics/congress/capitol-hill-buzz-cannabis-caucus-insists-its-serious/2017/02/16/aec1a272-f48e-11e6-9fb1-2d8f3fc9c0ed_story.html
Great. Thanks for sharing!
Great finish..
Thanks $CANN
The new administration seems to be more interested in busting up drug cartels than killing the young and prosperous cannabis market.
Spooky.. since several days the CANN PPS in Germany gets corrected much more frequently than before, many times a day. Normaly it was only at once at the opening of the US market
And today..
the bank immediately corrected the PPS after a purchase. Look:
Since the years I monitor CANN that never happened in such intensity and frequence.
Whatever it means..
.. chart looks interesting today. Like a hidden force fixing the PPS on the 0-line at minmum trading.
The recent filings of Feinsod and Frichtel refer to the known transactions from December 16.
Wikipedia says:
"13D filings allow the investing public to see who a public company's large shareholders are and, perhaps more importantly, why they have an interest in the company. These filings may be a precursor to hostile takeovers, company breakups, and other "change of control" events."
https://en.wikipedia.org/wiki/Schedule_13D
Maybe any professional here can give us some of his valuable knowledge on this topic..
$CANN .. like a wet dream.
Nice finish.
Happy birthday. Great sharing that moment with u. CANN looks good.
DEA Removes Marijuana Misinformation from Website After Months of Public, Legal Pressure https://t.co/UJasqdDXKB Nice work @SafeAccess!
Hey DT. Great mission.. but I'm out of cash. All in already. Waiting for the jump.
Xtremely optimistic on CANN.
lunchtime
+140k traded shares in the first 60 minutes. Highest value since weeks..
promising. Love to see it.
CANN, .. like a pure rush.
I imagine that the "sell" from Feinsod could be part of a transaction for an acquisition. Only my opinion.
Why did he only sell 15%. What's with all other benificially shareholders in the management, like Frichtel, Kuclchin, the IPG guys (who sell their company for shares)..
I know that some of them are highly motivated at a trade show in Las Vegas atm.. (the second show in the recent two weeks)
"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett
Good development: Trump Administration “Unlikely” to Go After Marijuana States, Says Press Secretary
https://thejointblog.com/trump-marijuana-states-press-secretary/
IMO the official "War on Hemp" is over soon.