News Focus
News Focus
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Dean14

06/19/19 10:18 AM

#51042 RE: Dean14 #51041

Within the next 24-48 hours, New York State legislators will be considering a bill that could dramatically impair the hemp industry, particularly the retail sale of hemp-derived CBD. In short, the bill would create the most burdensome regulatory scheme that we’ve seen, treating the production and sale of hemp and CBD akin to a controlled substance such as marijuana. Such over-regulation would hold licensees and retailers liable for a broad range of potential violations (e.g., intentional and unintentional violations, noncompliant labeling) that could result in both confusion for consumers and harm to licensees. Worse yet, some of the provisions could provoke a trade war of sorts, practically banning out of state products in New York, which could have a negative impact on New York hemp all across the country.

We urge all Hemp Supporters to contact their state legislators TODAY to oppose the Lupardo/Metzger bills, A7680-A/ S6184 in their current forms and/or if that language is attached to other legislation such as the Marijuana Regulation and Taxation Act. Instead, we ask legislators to support common sense efforts to protect hemp farming and the retail sale of hemp-derived CBD.

If you live or do business in New York, please access our online portal at the button below to send an email to your state legislators - once you enter your zip code, the portal will automatically direct a message that you can personalize to your representatives in Albany. If you live outside of New York, please share this email with your friends in the Empire State.

Remember - when we sound our voices, we win!
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motorcity

06/19/19 10:26 AM

#51044 RE: Dean14 #51041

This does appear to be the toothpaste out of the tube.

Assuming logic prevails this theoretically puts CVSI in a great position for uplist.
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gman23

06/19/19 10:36 AM

#51048 RE: Dean14 #51041

Okay everybody Group Prayer for getting this awesome Company that we're invested in off this dam exchange we're tortured on~
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CashMoneyCarl

06/19/19 10:40 AM

#51049 RE: Dean14 #51041

Nasdaq starting to open it's doors. Must be about time for CVSI



God I hope so!

But the devil's advocate inside me scratched his head for a moment. In the first paragraph of the article it says that MJ Freeway merged with MTEC to form the 'new' MTEC and has now become the first compliance technology company in the cannabis space to be traded on Nasdaq.

The article describes MTECH as "the first US-listed Special Purpose Acquisition Company (SPAC)" .. notice it says US-Listed.

If MTECH was already on NASDAQ when they merged.. then MJ Freeway did not have to apply or go through the process that CVSI is going through, is that correct? Can anyone help me with this? I think thats how it would work..
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KentuckyHemp

06/19/19 1:08 PM

#51070 RE: Dean14 #51041

Nasdaq starting to open it's doors. Must be about time for CVSI


I wish I had known about this stock 2 days ago! It jumped on its first day from roughly $11 to $26 per share! A 71% increase! (Symbol: KERN).

But from what I read, this is not a CBD producing company, but is a technology company geared for hemp producers. Maybe a platform or software for tracking production, etc. Not a pure CBD company. If anyone reads differently, please correct me.