Cannabis Pot – Remedii http://remedii.net/ Fri, 17 Sep 2021 15:12:47 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://remedii.net/wp-content/uploads/2021/06/icon-2-150x150.png Cannabis Pot – Remedii http://remedii.net/ 32 32 Ontarian arrested for stealing potted plants https://remedii.net/ontarian-arrested-for-stealing-potted-plants/ https://remedii.net/ontarian-arrested-for-stealing-potted-plants/#respond Fri, 17 Sep 2021 15:12:47 +0000 https://remedii.net/ontarian-arrested-for-stealing-potted-plants/ Breadcrumb Links WTF World news New The man was charged with theft, possession, mischief, night trespassing and breach of the covenant. Author of the article: Angela Stelmakowich]]>

The man was charged with theft, possession, mischief, night trespassing and breach of the covenant.

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With the traditional cannabis harvest kicking off, it’s no surprise that backyard bandits are working hard to try and steal the labors of many green-thumbed gardeners.

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Indeed, a man with sticky fingers from Chatham, Ontario. is currently facing charges over his successful attempt to steal marijuana plants from an owner’s yard.

The backyard bandit was seen doing his thing shortly after midnight on September 16, prompting the Chatham-Kent Police Department to call the Chatham-Kent Police Department to report the suspicious man.

Response officers were able to locate the 51-year-old, plant-wielding suspect, also from Chatham, a short distance away, a police statement noted.

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The man was arrested on the spot and later charged with theft, possession, mischief, night trespassing and breach of the covenant, police reported. He was put down for a bail hearing.

In Ontario, the government reports that a person can grow up to four cannabis plants per residence if they are at least 19 years old, if the herb is for personal use, if the raw material was purchased in the Ontario Cannabis Store or an authorized retail store. and, if it is a condo, the lease does not prohibit the practice.

Plants can be grown in backyards and even on balconies, but some provinces, such as British Columbia, require that cannabis plants not be accessible to the public.

Across the country, the Canadian Civil Liberties Association points out that owning a budding or flowering plant in public is verboten.

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People who steal cannabis plants from backyards are nothing new, especially in the fall. Last November, police across the country reported a spike in backyard bandits, including an incident in which two people were caught after taking a single plant in Lindsay, Ont.

The suspects were apprehended and charged with theft under $ 5,000 and possession of property obtained by crime under $ 5,000. The former indictment carries a maximum sentence of two years in prison, reports the law firms of Mark Zinck.

Other Ontario communities that have witnessed cannabis plant thefts over the past two falls – some with success; others not – have occurred in London, Oshawa, Cambridge and Chatham.

There was little or no risk of injury on the most recent flight to Chatham. That was not the case this week in Pueblo, Colorado, however.

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The Pueblo Police Department (PPD) reports that around 2 a.m. Thursday, officers came to a house to investigate a disturbance with gunfire.

The two male residents of the house reported to police that barking dogs woke them up and looking outside they saw an unknown man in the backyard, a PPD Facebook post notes. .

Signaling that the man was attempting to steal their marijuana plant, they confronted the man, kicked him off their property and caught up with him, cornering him at a nearby intersection.

It was then that the cornered man summoned another person, who appeared around the corner and started screaming. “He then lifted his sweatshirt, took a handgun from his belt, pointed it at one of the residents and started shooting,” police reported.

Everyone dispersed from the scene, which, during a police search, revealed 14 9mm shell casings.

The police investigation is continuing and the two suspects have not yet been located.

Recreational cannabis is legal in Colorado, with people 21 and older able to own weed and grow no more than 12 plants per residence, according to Criminal Defense Lawyer.

The whole incident left one patient with no patience responding to the police station with a shake of his head. “Above the marijuana plants ?! Don’t people know that stuff like this is legal now? Wtf ?! People are no longer idiots.

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Virginia judge jails suspected victim of domestic violence for smoking weed on day of court testimony https://remedii.net/virginia-judge-jails-suspected-victim-of-domestic-violence-for-smoking-weed-on-day-of-court-testimony/ https://remedii.net/virginia-judge-jails-suspected-victim-of-domestic-violence-for-smoking-weed-on-day-of-court-testimony/#respond Fri, 17 Sep 2021 04:09:53 +0000 https://remedii.net/virginia-judge-jails-suspected-victim-of-domestic-violence-for-smoking-weed-on-day-of-court-testimony/ A Loudoun County judge interrupted the testimony of the alleged victim in a domestic violence felony trial last week to question her drug use, sentencing her to 10 days in jail for contempt of court after saying she smoked of marijuana earlier in the day. She was then “physically removed from the witness stand by […]]]>

A Loudoun County judge interrupted the testimony of the alleged victim in a domestic violence felony trial last week to question her drug use, sentencing her to 10 days in jail for contempt of court after saying she smoked of marijuana earlier in the day.

She was then “physically removed from the witness stand by several MPs,” according to a brief filed by the Commonwealth Prosecutor’s Office, which supports the woman’s motion to quash the contempt charge filed by the judge. James P. Fisher Circuit Court.

The woman, who prosecutors said did not appear to be intoxicated, served two days in jail before being released on $ 1,000 bail, court records show.

“In the midst of a difficult (cross-examination), she was detained, questioned, arrested and removed from the courtroom,” wrote Deputy Commonwealth Prosecutor Elena Ventura, who argued that the woman no. ‘had “not been treated with the respect, sensitivity or dignity required by law.”

Marijuana is now legal in Virginia and prosecutors wrote in their brief that their witness was just anxious and nervous for about an hour and a half of testifying against her partner, who was twice convicted of abusing her. . They said Fisher’s investigation followed “an intense and assertive (defense) questioning focused on drug addiction and infidelity.”

Prosecutors also wrote that Fisher refused to hear from detectives who interacted with her before the trial, who they said allegedly testified that “her behaviors were consistent with all previous interactions and that she showed no signs of harm. ‘intoxication before his testimony’.

But the biggest problem, the Commonwealth Lawyers ‘Office said, was that Fisher’s actions “can have a chilling effect on victims’ willingness to testify in domestic violence cases, an area of ​​law already filled with victims. retracting and / or refusing to cooperate, due to the vast trauma suffered by victims of domestic violence through the cycle of power and control, especially in cases where victims have mental health issues, such as… in the present case.

Fisher, the former Fauquier County Commonwealth Attorney and former Chairman of the County Republican Committee, was appointed by the General Assembly for an eight-year term in 2019. Efforts to take office failed and judges de Virginie rarely comment on proceedings.

This isn’t the first time Fisher has jailed someone in his courtroom for contempt – a move that legal observers say is unusual in Virginia.

Fisher had divorce lawyer Rachel Virk jailed overnight in January 2020 after finding her in contempt of court in a hearing in which she urged him to clarify a decision. The Virginia Court of Appeals dismissed her appeal from the prosecution on a technical point, ruling that because the jail order was signed by the court clerk rather than the judge, there was no jurisdiction. to challenge it. Virk has since filed a lawsuit against the court clerk and the sheriff, which is still pending.

Under Virginia’s summary contempt law, a judge can immediately fine someone up to $ 250 and jail them for up to 10 days for misconduct, violence, threats of violence. or “vile, contemptuous or insulting language” in court.

In last week’s domestic violence trial, the witness’s attorneys said her actions fell short of that standard. The Mercury does not identify her as she is an alleged victim of domestic violence and has not given permission to use her name.

“She did not admit to having any illegal activity and did not admit to being under the influence in the courtroom,” said Tom Plofchan, an attorney for Loudoun who represents her with Ryan Campbell. “There was no smudge in her words, nothing to indicate that she had taken some kind of intoxicant that was affecting her speech or muscle movement.”

Plofchan also questioned the timeline, noting it was an afternoon trial and there had been no investigation into when she used marijuana in the morning. and how much she had taken.

Both sides also took issue with Fisher’s way of questioning the witness, noting that she was never made aware of her constitutional rights and of Miranda and that the “independent investigation” he conducted by questioning her about his drug use was prohibited by the judicial canon.

A hearing on the motion to quash the contempt charge is scheduled for next week.

The case has not gone unnoticed by lawmakers across the region, who have called Fisher’s decision to jail a victim of domestic violence disturbing.

“In general, when it comes to victims of domestic violence, there is a history of not treating the victim with respect and dignity and we are supposed to protect them first,” said Senator Jennifer Boysko, a Democrat. which represents parts of Loudoun.

Senator Scott Surovell, D-Fairfax, a lawyer, asked if the witness would have been treated the same if she said she had instead drunk a beer that morning.

“When we passed the marijuana legalization law, one of the things we tried to do was make sure that marijuana was treated the same as alcohol,” he said. . “I think it’s important in the future for everyone to remember that possession and use of marijuana is now legal.”

The case has also caught the attention of marijuana reform advocates, who have called the case an emblem of the stigma that cannabis users continue to face.

“In 2020, Virginia ended the practice of imprisoning individuals for using cannabis, and in 2021 made this use explicitly legal for people 21 years of age and older,” said Jenn Michelle Pedini, executive director of Virginia NORML, the state branch of the National Organization to Reform the Marijuana Laws. “Yet these code changes do not facilitate an immediate end to the stigma faced by those who choose to use cannabis, many of whom will continue to be discriminated against by those who are still attached to long-held stereotypes.”


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Pot Stocks + Rules of the game = Victories https://remedii.net/pot-stocks-rules-of-the-game-victories/ https://remedii.net/pot-stocks-rules-of-the-game-victories/#respond Thu, 16 Sep 2021 16:30:54 +0000 https://remedii.net/pot-stocks-rules-of-the-game-victories/ Pot stocks are ready to make a comeback! It has been a stony road. But there is a massive change happening here. Over the past decade, the world has started to change its perspective on marijuana. Currently, 36 states have legalized the use of marijuana for medical reasons and 18 of those states have also […]]]>

Pot stocks are ready to make a comeback!

It has been a stony road. But there is a massive change happening here.

Over the past decade, the world has started to change its perspective on marijuana.

Currently, 36 states have legalized the use of marijuana for medical reasons and 18 of those states have also authorized the recreational use of marijuana.

Global marijuana sales topped $ 21 billion in 2020, a 48% increase from 2019.

Sales of medical and recreational marijuana are forecast to reach $ 55.9 billion in 2026:

That’s more than double over the next five years. Talk about growth. So how do you take advantage of this mega trend?

INVEST!

Now is the time to invest in green to make it green.

And here is what we recommend …

Time to be #BOP on pot stocks

Demand is strong for jar stocks.

You see, marijuana is at the forefront of a medical revolution.

It can help a wide range of patients with pain – from spinal cord injury, cancer, muscle, joint and nerve pain to arthritis.

One study found that cannabis could reduce chronic pain by 40%.

It can also help people with insomnia, depression, anxiety, and PTSD.

There are a ton of benefits to using marijuana responsibly and in a healthy way.

On top of that, the recreational use of marijuana is currently licensed in 18 states.

This means that adults can obtain marijuana without a medical prescription and can use marijuana on their own.

Over time, I think many other states will recognize the value of legalizing recreational marijuana and have people participate as a leisure activity.

This is all very #BOP (bullish, bullish, positive). But what does this mean for YOU.

Investing in companies that cultivate, produce and distribute cannabis gives you the opportunity to ride the wave of growth.

Before buying pot stocks …

It has been a volatile market. And that’s why you need to remember this:

Paul Mampilly BOP tweet

Before purchasing ANY stock, we recommend that you use the Rules of the game – #ROTG:

  • Never make an all-in bet.
  • Balance your positions in your portfolio.
  • Build up your positions over time. That is, do not throw your money away all at once. Instead, put in some money in a few weeks or months.
  • Take profits on the rise.
  • Save money.

The #ROTG is your model for stock market success and it will show you how to protect your portfolio.

It provides you with volatility buffer and emotional security blanket.

No action will rise or fall in a straight line.

Our readers know that if you’ve purchased our pot broth recommendation: ETFMG Alternative Harvest ETF (NYSE: MJ).

It’s been a roller coaster ride this year, but Ian Dyer is solid with his price target of $ 40 by the end of the year.

For broad exposure to pot stocks, you can add the MJ Exchange Traded Fund to your portfolio today and take advantage of the rebound to come.

If you want more straightforward games, check out Paul’s secret wallet.

So far this year we’ve seen countless deals, mergers, acquisitions, partnerships… between all types of marijuana companies.

I think these business-to-business deals are a very bullish sign.

In Paul’s secret wallet we currently own six marijuana companies in the open model portfolio.

Four of them are already on the rise, including a triple-digit winner after 21 months.

We will continue to own these companies as we believe larger gains are ahead and will keep an eye out for other potential winners.

Click here for details of our strategy when it comes to targeting speculative gains such as those held by the marijuana industry.

Greetings,

Clint lee

Daniel shifflett

Investment Analyst, Bold Profits Publishing


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Pot profits higher than ever | City News https://remedii.net/pot-profits-higher-than-ever-city-news/ https://remedii.net/pot-profits-higher-than-ever-city-news/#respond Fri, 10 Sep 2021 18:00:00 +0000 https://remedii.net/pot-profits-higher-than-ever-city-news/ Profits were high for the Quebec cannabis company this quarter, as the Société québécoise du cannabis (SQDC) posted sales of $ 136.5 million, up $ 26.1 million from the first quarter of the year. ‘Previous exercice. The SQDC’s quarterly net income of $ 14.8 million represents an increase of $ 5.1 million or 51% over […]]]>

Profits were high for the Quebec cannabis company this quarter, as the Société québécoise du cannabis (SQDC) posted sales of $ 136.5 million, up $ 26.1 million from the first quarter of the year. ‘Previous exercice.

The SQDC’s quarterly net income of $ 14.8 million represents an increase of $ 5.1 million or 51% over last year.

The money serves as a dividend for the Quebec Ministry of Finance and is reinvested in particular in prevention and research in the field of cannabis as well as in the fight against the harms associated with the consumption of psychoactive substances.

The SQDC also reported that tax revenues from its operations in the form of consumption and excise taxes are estimated at $ 46.1 million ($ 32.9 million in Quebec and $ 13.2 million in federal).

The company owes its significant growth in large part to the deployment of its network, with 68 locations as of June 19, 2021, compared to 42 last year.

During the quarter, 24,538 kg of cannabis were legally sold in some 2.9 million transactions, with online sales accounting for 1,703 kg of the total.

Also during the period ending June 19, the SQDC launched its same-day delivery pilot project in Quebec City and continues its efforts to enhance and diversify its home delivery offer.

For more information, visit www.sqdc.ca


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Fresno is deploying 21 pottery store licenses. Here’s why some are already causing smoke. https://remedii.net/fresno-is-deploying-21-pottery-store-licenses-heres-why-some-are-already-causing-smoke/ https://remedii.net/fresno-is-deploying-21-pottery-store-licenses-heres-why-some-are-already-causing-smoke/#respond Thu, 09 Sep 2021 02:29:48 +0000 https://remedii.net/fresno-is-deploying-21-pottery-store-licenses-heres-why-some-are-already-causing-smoke/ The slow march to open retail marijuana stores in California’s fifth largest city is coming to an end, but not without a bit of smoke. Fresno city officials on Wednesday released a list of 21 cannabis retailers that have received preliminary approval to open a store. The problem? Six claimants, nearly a third of final […]]]>

The slow march to open retail marijuana stores in California’s fifth largest city is coming to an end, but not without a bit of smoke.

Fresno city officials on Wednesday released a list of 21 cannabis retailers that have received preliminary approval to open a store.

The problem? Six claimants, nearly a third of final retailers, have locations in a sensitive use area – a violation of the city’s own ordinance, following a list review and one Fresno city map.

California law requires a retail dispensary to be at least 600 feet from another dispensary, school, youth center, or daycare.

Cities, including Fresno, have taken the initiative to increase the so-called “buffer zone” between the sensitive locations and uses described above.

Fresno’s sensitive use pad, which is 800 feet, once had to sit at 1,000 feet.

The buffer zone issue arose nearly a month ago when a Sun review of competing retailers found that a candidate was proposing to open a store about 700 feet from the poorest elementary school. per capita of Clovis Unified, Pinedale.

The company, 7315 Blackstone OPCO, is expected to operate a store under the popular Cookies brand.

In a statement, officials at Clovis Unified expressed dismay at the opening of a retail store so close to the elementary school.

“It is extremely disappointing to learn that a cannabis retail business may soon be located on a property within 800 feet of Pinedale Elementary School,” said Clovis Unified spokesperson Kelly Avants. , in a statement to the Sun.

“Such a facility is likely to become an attractive nuisance for our primary school students and older students who use the school as a transportation hub. We hoped that planners would be more responsive to our concerns, and we are disappointed to learn that they have moved forward with approval.

Besides, one of the three pre-approved social equity candidates was in a buffer zone, according to the map issued by the City.

Candidates in the buffer zones were to be disqualified from further consideration after their application.

However, a number of applicants not only moved from the initial review to interviews with City officials, but ultimately obtained preliminary approval.

Which stores are in the buffer danger zone?

City officials and a number of candidates said the planning department had issued zoning investigation letters that kept their potential properties from being in a buffer zone.

“The information currently available does not show these sites within 800 feet of a school,” city spokeswoman Sontaya Rose told The Sun in early August, with a warning.

“This will be further explored during the [Conditional Use Permit] to treat.”

The clear conflict raises a key question: who is wrong? Urban planners or a digital map of city officials designed to guide potential entrepreneurs in choosing a site?

An important recourse, it seems, may lie with members of Fresno City Council who reserve a veto-type right of appeal on all licenses issued in their districts prior to the issuance of a conditional use permit. .

Appeals must be filed by council members “within 15 days of the decision to issue a commercial cannabis license”. Appeal hearings, held at a city council meeting, must take place within 20 days of receipt of an appeal filing by City Manager Thomas Esqueda.

Based on Wednesday’s announcement, city council members have until September 23 to file an appeal against their future licensees.


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Park Strategies lobbying firm embarks on pot practice https://remedii.net/park-strategies-lobbying-firm-embarks-on-pot-practice/ https://remedii.net/park-strategies-lobbying-firm-embarks-on-pot-practice/#respond Tue, 07 Sep 2021 20:22:39 +0000 https://remedii.net/park-strategies-lobbying-firm-embarks-on-pot-practice/ Sep 7, 2021 Container-wrapped hemp flowers sit on a table at Empire Standard, a plant for the processing and distribution of hemp extracts, on April 13, 2021 in Binghamton, New York. – The governor of New York last month signed a law allowing its possession and use by adults aged 21 and over, and extending […]]]>

Photo by Larry Rulison

Container-wrapped hemp flowers sit on a table at Empire Standard, a plant for the processing and distribution of hemp extracts, on April 13, 2021 in Binghamton, New York. – The governor of New York last month signed a law allowing its possession and use by adults aged 21 and over, and extending its distribution for medical purposes. This allows companies like Empire Standard, who are already familiar with growing cannabis for use in CBD, to now sell products with a high concentration of THC. (Photo by Angela Weiss / AFP)ANGELA WEISS / Getty

ALBANY – Park Strategies, the Albany lobbying firm founded by US Senator Alfonse D’Amato, says it has created a new practice focused on regulating cannabis.

The new group will be based in Syracuse. One of its first clients is the New York Cannabis Growers and Processors Association. The state recently approved the sale of recreational marijuana, although details of how the stores will operate have yet to be decided. Medical marijuana is sold in a small number of dispensaries, although the product types are strictly limited to pills, edibles, and vaping products.


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Little Green Pharma jar stock signals intention to switch from cannabis to psychedelic drugs https://remedii.net/little-green-pharma-jar-stock-signals-intention-to-switch-from-cannabis-to-psychedelic-drugs/ https://remedii.net/little-green-pharma-jar-stock-signals-intention-to-switch-from-cannabis-to-psychedelic-drugs/#respond Tue, 07 Sep 2021 02:22:22 +0000 https://remedii.net/little-green-pharma-jar-stock-signals-intention-to-switch-from-cannabis-to-psychedelic-drugs/ Cannabis player Little Green Pharma (ASX: LGP) is thriving in psychedelics – and has just been granted a Schedule 9 license to supply psilocybin by the WA government’s Department of Health. The license is a key step in the company’s plans to enter the field of using psychedelic drugs to treat mental illness. “The field […]]]>

Cannabis player Little Green Pharma (ASX: LGP) is thriving in psychedelics – and has just been granted a Schedule 9 license to supply psilocybin by the WA government’s Department of Health.

The license is a key step in the company’s plans to enter the field of using psychedelic drugs to treat mental illness.

“The field of psychedelics logically aligns with our long-term goals of solving patients’ real problems and transforming their lives,” said CEO Fleta Solomon.

“We have developed so much experience over the years through the cannabis industry, and we sincerely believe we can now bring that to the benefit of the development of the psychedelics field in Australia.”

Produce Psilocybin in WA

The company said it was well positioned to leverage its existing investment in WA drug cultivation and manufacturing infrastructure, as well as its experience and expertise in botanical drug products, to grow psilocybin mushrooms for use in medical research.

“The existing investment in our cannabis cultivation and manufacturing facility in Western Australia means that we can enter the field significantly with minimal additional capital expenditure,” Solomon said.

LGP is currently working on extending its GMP license to cover the manufacture of psilocybin – and also plans to sponsor a groundbreaking Perth-based clinical trial of psilocybin-assisted psychotherapy.

Creation of a psychedelic subsidiary

LGP also created a specialty subsidiary to conduct its psychedelic business with Shaun Duffy appointed CEO in April.

Duffy is a former Senior Managing Director of FTI Consulting and the Company’s Head of Australian Strategic Communications Practice and a member of its Australian Executive Group.

In addition, Dr Stephen Bright joined the branch clinical advisory board as a founding member.

Dr Bright is a clinical psychologist, co-founder and vice-president of PRISM (an entity dedicated to the advancement of psychedelic research) and senior lecturer in drug addiction at Edith Cowan University.

You might be interested in


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To Make A Penny Stock List For September? 2 marijuana penny stocks to add right now https://remedii.net/to-make-a-penny-stock-list-for-september-2-marijuana-penny-stocks-to-add-right-now/ https://remedii.net/to-make-a-penny-stock-list-for-september-2-marijuana-penny-stocks-to-add-right-now/#respond Fri, 03 Sep 2021 20:18:22 +0000 https://remedii.net/to-make-a-penny-stock-list-for-september-2-marijuana-penny-stocks-to-add-right-now/ September 3, 2021 5 minutes to read This story originally appeared on MarijuanaStocks Investing in Cannabis Stocks in 2021 Are you looking for different ways to invest in the best marijuana stocks to buy? Over the past six months, the cannabis industry has seen market downturns. Now, after a sharp pullback, it might be time […]]]>

September 3, 2021

5 minutes to read

This story originally appeared on MarijuanaStocks

Investing in Cannabis Stocks in 2021

Are you looking for different ways to invest in the best marijuana stocks to buy? Over the past six months, the cannabis industry has seen market downturns. Now, after a sharp pullback, it might be time for cannabis stocks to see a rally. One area that has seen significant volatility in 2021 is marijuana penny stocks. For investors unfamiliar with penny stocks, these are stocks that trade below $ 5.

Namely, known to be a high risk investment, penny stocks are preferred by short term traders for their price fluctuations. In general, investors use day trading and swing trading methods to capitalize on price fluctuations. In the first quarter of 2021, major cannabis penny stocks rallied to new highs in February.

After that, they experienced declines that caused them to trade near their 2021 lows. At present, the cannabis industry has not responded to strong earnings or strong press releases. Instead, the only thing that has been a catalyst for cannabis stocks is federal cannabis legalization and reform. As investors saw that reform was not happening earlier in 2021, many began to look for value in other sectors.

Top Penny Stocks in 2021 and the Current Market

This has left many penny pot stocks trading at much lower levels and they could be poised to see a rise in the fourth quarter. Choosing the best stocks to invest in requires due diligence on the part of investors. In particular, researching a company’s financial data and studying the performance of the stock in the market can help you establish the best positions. Because penny stocks trade at lower values, investors can establish large positions with smaller amounts of capital.

[Read More] Looking for the best marijuana stocks to invest in right now? 2 new cannabis REITs for your list

This type of setup allows them to take profits on smaller incremental movements of the stock price in a day trade or swing trade. For investors looking for the best marijuana penny stocks, we can start a list of stocks to watch for September. With several possible catalysts for marijuana stocks right now, investors are keeping Congress on their radar in hopes that cannabis policy changes are introduced this quarter. Let’s look at the top 2 cannabis penny stocks for your list next week.

The best marijuana penny stocks to watch in September

  1. Glass House Brands Inc. (OTC: GLASF)
  2. Lowell Farms Inc. (OTC: LOWLF)

Glass House Brands Inc.

Glass House Brands Inc. is one of the fastest growing vertically integrated cannabis and hemp companies in the United States, with a decisive focus on the California market and building leading, sustainable brands to serve consumers in all segments. From its greenhouse cultivation operations to its manufacturing practices, from branding to retail, the company’s efforts are rooted in respect for the people, the environment and the community that co- Founders Kyle Kazan and Graham Farrar instilled it from the start. Through its portfolio of brands, which includes Glass House Farms, Forbidden Flowers and Mama Sue Wellness, Glass House is committed to achieving its vision of excellence: exceptional cannabis products, produced in a sustainable manner, for the good of all. .

In August, Glass House released its second quarter 2021 results with net sales of $ 18.7 million, a 62% year-over-year increase. As a result, the company made gross profits of $ 8.7 million, an increase of 56% from the previous year. Notably, the company had a gross margin of 46% in the second quarter of 2021. Additionally, the company had Adjusted EBITDA of $ 2.2 million, a 100% increase from the second quarter of 2020.

Currently, GLASF’s stock is trading at $ 5.55, up 19.13% on September 3, 2021. The stock has a 52-week price target of $ 4.70 to $ 5.96, down 53.82% since the start of the year. According to Wallet Investor analysts, GLASF stock has an expected one-year target price of $ 4.966 per share. So, as GLASF stock exceeds its current target price, could that stock rise further in September?

[Read More] 2 stocks of marijuana to watch in early September 2021

Lowell Farms Inc.

Lowell Farms Inc is a company that is establishing a strong presence in the California cannabis market. Overall, the company has advanced production capabilities, cultivates artisanal cannabis, and has built a portfolio of award-winning licensed cannabis brands for cannabis consumers. Recently, the company entered into a licensing agreement with Ascend Wellness Holdings. As a result, the two companies will bring the Lowell Smokes brand to dispensaries in Massachusetts and Illinois. In August, the company announced that its iconic Lowell Smokes pre-roll packs will be available in Illinois. Now, Lowell Smokes will be available to consumers in Illinois at 8 retail locations across the state.LOWLF stock

August 16e the company posted record crop production and record revenue of $ 15.2 million in the second quarter of 2021. Lowell incurred an operating loss of $ 473,000, an improvement over the loss of 0 , $ 8 million in the second quarter of 2020. As a result, the company generated gross margins of 38%. Recently, Lowell Farms announced the commissioning of a one-of-a-kind cannabis. processing plant in Salinas Valley, California. This facility will be capable of handling 250,000 pounds. of cannabis flowers per year.

Currently, LOWLF stock is trading at $ 1.18, down 3.24% on September 3.rd. The stock has a 52-week price range of $ 0.924 to $ 2.149, up 7.02% year-to-date. According to Wallet Investor analysts, LOWLF stock has a forecast one-year price target of $ 1.854 per share. LOWLF stock has fallen over the past five trading days and is down 4.52% during that time. In this case, with some possible momentum in the cannabis business, LOLWF stock could be one of the best marijuana penny stocks for your list in September.

[Read More] Are the Best US Marijuana Stocks to Buy Right Now? 2 MSOs for your list in September 2021


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Rakoff calls forfeiture of $ 17 million in pot fraud case ‘excessive’ https://remedii.net/rakoff-calls-forfeiture-of-17-million-in-pot-fraud-case-excessive/ https://remedii.net/rakoff-calls-forfeiture-of-17-million-in-pot-fraud-case-excessive/#respond Tue, 31 Aug 2021 22:27:00 +0000 https://remedii.net/rakoff-calls-forfeiture-of-17-million-in-pot-fraud-case-excessive/ Law360 (Aug.31, 2021, 6:27 p.m. EDT) – Manhattan U.S. District Judge Jed S. Rakoff Denies Prosecutors’ “Fall Back” Request for $ 17 Million Forfeiture Order to Be Included in Sentencing prison sentence of a businessman convicted of a scheme to trick banks into processing more than $ 150 million in cannabis-related payments, calling it “unconstitutionally […]]]>
Law360 (Aug.31, 2021, 6:27 p.m. EDT) – Manhattan U.S. District Judge Jed S. Rakoff Denies Prosecutors’ “Fall Back” Request for $ 17 Million Forfeiture Order to Be Included in Sentencing prison sentence of a businessman convicted of a scheme to trick banks into processing more than $ 150 million in cannabis-related payments, calling it “unconstitutionally excessive”.

Instead, Judge Rakoff ordered Hamid “Ray” Akhavan on Monday to forfeit $ 103,750 – the value of the stock option he received from the Eaze-based marijuana delivery service. San Francisco – claiming that this amount is “commensurate with the seriousness of its offense”.

Prosecutors say Akhavan, co-conspirator Ruben Weigand and others were in a …

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Pot Co. Investor wants owner sanctioned in defamation suit https://remedii.net/pot-co-investor-wants-owner-sanctioned-in-defamation-suit/ https://remedii.net/pot-co-investor-wants-owner-sanctioned-in-defamation-suit/#respond Tue, 24 Aug 2021 21:55:00 +0000 https://remedii.net/pot-co-investor-wants-owner-sanctioned-in-defamation-suit/ Law360 (Aug 24, 2021, 5:55 p.m. EDT) – An investor in the now defunct cannabis company SMRB LLC has asked a Washington federal judge to sanction the company owner for his “frivolous” libel case, saying it was filed in retaliation for the investor’s cooperation with authorities over the owner’s alleged securities fraud. Investor Joseph Samec […]]]>
Law360 (Aug 24, 2021, 5:55 p.m. EDT) – An investor in the now defunct cannabis company SMRB LLC has asked a Washington federal judge to sanction the company owner for his “frivolous” libel case, saying it was filed in retaliation for the investor’s cooperation with authorities over the owner’s alleged securities fraud.

Investor Joseph Samec said in Monday’s motion that owner Robert Russell’s libel suit was only filed to harass Samec for cooperating with state and federal authorities, and that Russell falsely claimed that Samec l ‘had defamed. Samec is seeking punitive damages and over $ 6,000 in penalties to cover costs he incurred after Russell’s expert witness allegedly refused to appear …

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