The document discusses Canada's plans to legalize marijuana. It outlines the agenda, including definitions of marijuana, potential short-term and long-term health effects, the UN's stance on drug enforcement worldwide, and the costs associated with implementing legalization. The author estimates the potential market size in Canada could be $5-8.7 billion annually and outlines leading marijuana companies like Canopy Growth Corp. The document concludes that marijuana should be legalized but the government must fully fund associated health, legal and regulatory costs and work with other countries to change international drug laws.
Cannabis/Marijuana Report Recommendations Would Delay Legalization To 2018 Or...paul young cpa, cga
This presentation looks at the issues facing cannabis/pot/marijuana legalisation in Canada. There are many issues driving legalisation including policing, UN rules, United States Policies, enforcement, side-effects, etc.
Canada will enter a new era starting October 17, 2018 as pot marijuana will be legal in Canada.
The Liberals rushed the Marijuana/Pot Law as part of building up for the 2019 election. The Law is flawed
There is cost when it comes to marijuana legalization that is all but ignored by the Liberals, i.e. enforcement, Quality Control, mental health, addiction, healthcare cost, distribution, criminal code, etc.
Pot will open up an new business segment for the economy which will help economic growth. There have been issues with
Pot facilities in the past including environmental issues (i.e. air quality, chemicals, water management, etc)
Pot will not stop the black market of marijuana. The black market is already a big issue for other areas of the economy - https://www150.statcan.gc.ca/n1/daily-quotidien/181012/dq181012a-eng.htm. This would mean the need for more CRA auditors, Police Enforcement, etc. No where has the Liberal discussed what tools they will deploy to stem the underground economy.
There has been a lot said about the cannabis market in Canada since October 2018. This presentation looks at many angles as part of assessing what needs to happen to the cannabis market as part of its' long-term growth.
The legalization of cannabis was a key election promise in 2015. Cannabis has been legalized but there have been many issues with cannabis over the past two years.
Hash It Out: The Role of Medical Marijuana in GIPatricia Raymond
Marijuana's side effect of Cannabinoid Hyperemesis Syndrome is well known to us, as is use of Marinol to enhance appetite in the chronically ill, but are there other high points in the use of medical marijuana? What about the possible use of CBD oil for chronic pancreatitis or intractable abdominal pain?
Studies have shown cannabis' effect on GI motility, inflammation and immunity, intestinal and gastric acid secretion, nociception and emesis pathways, and appetite. Let's weed through the available data on the medical use and side effects of medicinal cannabis in gastroenterology.
Cannabis/Marijuana Report Recommendations Would Delay Legalization To 2018 Or...paul young cpa, cga
This presentation looks at the issues facing cannabis/pot/marijuana legalisation in Canada. There are many issues driving legalisation including policing, UN rules, United States Policies, enforcement, side-effects, etc.
Canada will enter a new era starting October 17, 2018 as pot marijuana will be legal in Canada.
The Liberals rushed the Marijuana/Pot Law as part of building up for the 2019 election. The Law is flawed
There is cost when it comes to marijuana legalization that is all but ignored by the Liberals, i.e. enforcement, Quality Control, mental health, addiction, healthcare cost, distribution, criminal code, etc.
Pot will open up an new business segment for the economy which will help economic growth. There have been issues with
Pot facilities in the past including environmental issues (i.e. air quality, chemicals, water management, etc)
Pot will not stop the black market of marijuana. The black market is already a big issue for other areas of the economy - https://www150.statcan.gc.ca/n1/daily-quotidien/181012/dq181012a-eng.htm. This would mean the need for more CRA auditors, Police Enforcement, etc. No where has the Liberal discussed what tools they will deploy to stem the underground economy.
There has been a lot said about the cannabis market in Canada since October 2018. This presentation looks at many angles as part of assessing what needs to happen to the cannabis market as part of its' long-term growth.
The legalization of cannabis was a key election promise in 2015. Cannabis has been legalized but there have been many issues with cannabis over the past two years.
Hash It Out: The Role of Medical Marijuana in GIPatricia Raymond
Marijuana's side effect of Cannabinoid Hyperemesis Syndrome is well known to us, as is use of Marinol to enhance appetite in the chronically ill, but are there other high points in the use of medical marijuana? What about the possible use of CBD oil for chronic pancreatitis or intractable abdominal pain?
Studies have shown cannabis' effect on GI motility, inflammation and immunity, intestinal and gastric acid secretion, nociception and emesis pathways, and appetite. Let's weed through the available data on the medical use and side effects of medicinal cannabis in gastroenterology.
Bucking the Trend - The Japanese Government Goes Anti-Marijuana Evergreen Buzz
No weed in Japan, please, read this https://cannabis.net/blog/news/the-green-wave-crashes-in-japan-the-japanese-government-increases-penalties-for-cannabis-posses
The Florida Medical Marijuana Market is About to Go Hyper Growth!Evergreen Buzz
How big is the Florida medical marijuana market, read this https://cannabis.net/blog/b2b/the-florida-medical-marijuana-market-is-about-to-explode-here-is-what-to-know-now
This presentation discusses the legal implications and business impact that legalized marijuana has had across the United States and would have in Ohio if such a law was enacted. Topics covered included the national and international footprint of legalized marijuana, a history of its legalization, the current legislative landscape for states considering legalization, an overview of the stance of each presidential candidate on the issue, and the steps the Ohio legislature has been taking to research and understand the perspectives of voters across the state.
There was also an in-depth discussion about what legalization of medical or recreational marijuana would mean for Ohio employers and HR managers, including the new employee protections and accommodations that would likely change long-held workplace policies and create financial and administrative burdens on businesses.
Tony Fiore, an HR advocate and attorney-lobbyist at Kegler Brown, presented this program on March 10, 2016, to the Greater Cincinnati Human Resources Association.
What States Will Legalize Recreational Weed in 2022?Evergreen Buzz
Here is the list of the next states to legalize, read this https://cannabis.net/blog/opinion/which-7-states-will-probably-legalize-recreational-marijuana-in-2022
Tony Fiore presented to the UWC 35th Annual National UI Issues Conference on June 23, 2016 on the subject of marijuana legalization and its impact on employment and employee drug testing.
Drug Policy Reform: 2013 in progress 2013-01-29Jeffrey Dhywood
A brief presentation of the major trends and events in the Drug Policy Debate in 2013. Latin America is taking the lead with Colombia setting up an Advisory Commission on Drug Policy, Uruguay launching a national debate on marijuana legalization, and Guatemala taking the lead of the global drug policy debate.
Meanwhile, the US Federal Government seems to take an hands-off approach to marijuana legalization while more states are lining up to legalize medical or recreation use.
How Mississippi Became the 37th State to Legalize Medical MarijuanaEvergreen Buzz
Mississippi legalizes medical marijuana, read this https://cannabis.net/blog/news/m.i.s.s....i.s.s...i.p.p.i-marijuana-mississippi-becomes-37th-state-to-legalize-medical-cannabi
2019 Election| Legalization of Cannabis (Pot) | Canada | July 2019paul young cpa, cga
Passing a bill and having full efficient supply chain for cannabis are two different issues
Feds push the cannabis law before law enforcement and the provinces were ready to handle the legalization of pot
Annual retail sales market for marijuana is running about $1B. The GST from the sales is estimated to be about $70M / year https://www150.statcan.gc.ca/n1/daily-quotidien/190621/dq190621a-eng.htm
Healthcare only recently finalized process and sale of edibles - https://www.canada.ca/en/health-canada/news/2019/06/health-canada-finalizes-regulations-for-the-production-and-sale-of-edible-cannabis-cannabis-extracts-and-cannabis-topicals.html
Liberals rushed out the legalization of pot as way to get a win when they are failing as a govt - https://www.slideshare.net/paulyoungcga/justin-trudeau-and-liberals-success-or-failure
2019 Election| Management of Cannabis| Canada| August 2019paul young cpa, cga
Passing a bill and having full efficient supply chain for cannabis are two different issues
Feds push the cannabis law before law enforcement and the provinces were ready to handle the legalization of pot
Annual retail sales market for marijuana is running about $1B. The GST from the sales is estimated to be about $70M / year https://www150.statcan.gc.ca/n1/daily-quotidien/190621/dq190621a-eng.htm
Healthcare only recently finalized process and sale of edibles - https://www.canada.ca/en/health-canada/news/2019/06/health-canada-finalizes-regulations-for-the-production-and-sale-of-edible-cannabis-cannabis-extracts-and-cannabis-topicals.html
Liberals rushed out the legalization of pot as way to get a win when they are failing as a govt - https://www.slideshare.net/paulyoungcga/justin-trudeau-and-liberals-success-or-failure
Government has done little to hire and fund inspection of marijuana .
Government policies for Legalizing Marijuana - Canada - Analysis and Commentarypaul young cpa, cga
This presentation discusses the effort by the Government of Canada to legalised Pot/Marijuana in Canada.
The presentation will look at all aspects of legalising marijuana including costs associated to the program as well as the revenue that could be generated from pot/marijuana sales.
Government policies for Marijuana (Pot) - Canada - Analysis and Commentary - ...paul young cpa, cga
This presentation will look at medical marijuana as well as the government of Canada goal to legalised marijuana (Pot) in Canada. The discussion will look at areas like revenue, healthcare, enforcement, regulations, etc.
Marijuana / Cannabis| Policy Review and Analysis| Canada| April 2019paul young cpa, cga
Canada legalized pot but the legal, distribution, etc processes have been a failure.
There needs to be a fully costed model including allocation of moneys to mental health, law enforcement, licensing, product quality and other areas. The government should not be treating the marijuana as windfall unless it allocates funds to support all aspect of the program
The government has to open and transparent with the awarding licensing process from production to distribution/retail.
The government will need to work with government around to world to support changing the laws for marijuana
Foreign Aid will need to be review in terms of law enforcement to countries like Mexico, Colombia, Haiti, etc.
Age limits will need to be set, i.e. 19
Liberals have failed on marijuana, especially as the illegal market continues to exist.
Black market and Pot will never disappear - https://www.bnnbloomberg.ca/cannabis-canada-daily-black-market-accounts-for-nearly-80-of-pot-spending-1.1222534
Bucking the Trend - The Japanese Government Goes Anti-Marijuana Evergreen Buzz
No weed in Japan, please, read this https://cannabis.net/blog/news/the-green-wave-crashes-in-japan-the-japanese-government-increases-penalties-for-cannabis-posses
The Florida Medical Marijuana Market is About to Go Hyper Growth!Evergreen Buzz
How big is the Florida medical marijuana market, read this https://cannabis.net/blog/b2b/the-florida-medical-marijuana-market-is-about-to-explode-here-is-what-to-know-now
This presentation discusses the legal implications and business impact that legalized marijuana has had across the United States and would have in Ohio if such a law was enacted. Topics covered included the national and international footprint of legalized marijuana, a history of its legalization, the current legislative landscape for states considering legalization, an overview of the stance of each presidential candidate on the issue, and the steps the Ohio legislature has been taking to research and understand the perspectives of voters across the state.
There was also an in-depth discussion about what legalization of medical or recreational marijuana would mean for Ohio employers and HR managers, including the new employee protections and accommodations that would likely change long-held workplace policies and create financial and administrative burdens on businesses.
Tony Fiore, an HR advocate and attorney-lobbyist at Kegler Brown, presented this program on March 10, 2016, to the Greater Cincinnati Human Resources Association.
What States Will Legalize Recreational Weed in 2022?Evergreen Buzz
Here is the list of the next states to legalize, read this https://cannabis.net/blog/opinion/which-7-states-will-probably-legalize-recreational-marijuana-in-2022
Tony Fiore presented to the UWC 35th Annual National UI Issues Conference on June 23, 2016 on the subject of marijuana legalization and its impact on employment and employee drug testing.
Drug Policy Reform: 2013 in progress 2013-01-29Jeffrey Dhywood
A brief presentation of the major trends and events in the Drug Policy Debate in 2013. Latin America is taking the lead with Colombia setting up an Advisory Commission on Drug Policy, Uruguay launching a national debate on marijuana legalization, and Guatemala taking the lead of the global drug policy debate.
Meanwhile, the US Federal Government seems to take an hands-off approach to marijuana legalization while more states are lining up to legalize medical or recreation use.
How Mississippi Became the 37th State to Legalize Medical MarijuanaEvergreen Buzz
Mississippi legalizes medical marijuana, read this https://cannabis.net/blog/news/m.i.s.s....i.s.s...i.p.p.i-marijuana-mississippi-becomes-37th-state-to-legalize-medical-cannabi
2019 Election| Legalization of Cannabis (Pot) | Canada | July 2019paul young cpa, cga
Passing a bill and having full efficient supply chain for cannabis are two different issues
Feds push the cannabis law before law enforcement and the provinces were ready to handle the legalization of pot
Annual retail sales market for marijuana is running about $1B. The GST from the sales is estimated to be about $70M / year https://www150.statcan.gc.ca/n1/daily-quotidien/190621/dq190621a-eng.htm
Healthcare only recently finalized process and sale of edibles - https://www.canada.ca/en/health-canada/news/2019/06/health-canada-finalizes-regulations-for-the-production-and-sale-of-edible-cannabis-cannabis-extracts-and-cannabis-topicals.html
Liberals rushed out the legalization of pot as way to get a win when they are failing as a govt - https://www.slideshare.net/paulyoungcga/justin-trudeau-and-liberals-success-or-failure
2019 Election| Management of Cannabis| Canada| August 2019paul young cpa, cga
Passing a bill and having full efficient supply chain for cannabis are two different issues
Feds push the cannabis law before law enforcement and the provinces were ready to handle the legalization of pot
Annual retail sales market for marijuana is running about $1B. The GST from the sales is estimated to be about $70M / year https://www150.statcan.gc.ca/n1/daily-quotidien/190621/dq190621a-eng.htm
Healthcare only recently finalized process and sale of edibles - https://www.canada.ca/en/health-canada/news/2019/06/health-canada-finalizes-regulations-for-the-production-and-sale-of-edible-cannabis-cannabis-extracts-and-cannabis-topicals.html
Liberals rushed out the legalization of pot as way to get a win when they are failing as a govt - https://www.slideshare.net/paulyoungcga/justin-trudeau-and-liberals-success-or-failure
Government has done little to hire and fund inspection of marijuana .
Government policies for Legalizing Marijuana - Canada - Analysis and Commentarypaul young cpa, cga
This presentation discusses the effort by the Government of Canada to legalised Pot/Marijuana in Canada.
The presentation will look at all aspects of legalising marijuana including costs associated to the program as well as the revenue that could be generated from pot/marijuana sales.
Government policies for Marijuana (Pot) - Canada - Analysis and Commentary - ...paul young cpa, cga
This presentation will look at medical marijuana as well as the government of Canada goal to legalised marijuana (Pot) in Canada. The discussion will look at areas like revenue, healthcare, enforcement, regulations, etc.
Marijuana / Cannabis| Policy Review and Analysis| Canada| April 2019paul young cpa, cga
Canada legalized pot but the legal, distribution, etc processes have been a failure.
There needs to be a fully costed model including allocation of moneys to mental health, law enforcement, licensing, product quality and other areas. The government should not be treating the marijuana as windfall unless it allocates funds to support all aspect of the program
The government has to open and transparent with the awarding licensing process from production to distribution/retail.
The government will need to work with government around to world to support changing the laws for marijuana
Foreign Aid will need to be review in terms of law enforcement to countries like Mexico, Colombia, Haiti, etc.
Age limits will need to be set, i.e. 19
Liberals have failed on marijuana, especially as the illegal market continues to exist.
Black market and Pot will never disappear - https://www.bnnbloomberg.ca/cannabis-canada-daily-black-market-accounts-for-nearly-80-of-pot-spending-1.1222534
This is a report on the cannabis market in the United States and the growth that is going to take place over the next 5 years. The Medical and adult use marijuana market are set to explode and we think that American Cannabis Company will benefit directly from this "green rush"
Hydropothecary announces new expansion. Join Hydropothecary Online And Learn About Our Artisan Grown Medical Marijuana, Marijuana Products And 24 7 Concierge Support Line.
Similar to Marijuana - Canada - November 2017 (15)
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
3. AGENDA
• What is Marijuana
• Side effects – Short-Term
• Long-Term
• UN View
• World-Wide effort on Pot
• Cost of implementing the legalization of Marijuana
• Market for Marijuana
• Medical Marijuana Industry
• Key company: Canopy
• Final Thoughts
4. CANNABIS REPORT RECOMMENDATIONS WOULD DELAY
LEGALIZATION TO 2018 OR 2019
Kate DeardenBorden Ladner Gervais LLP
- February 10, 2017
Justin Trudeau says a Liberal
government would get to work
"right away" on a policy to legalize
and regulate the sale of
marijuana, but won't commit to
a timeline for legalization – CBC –
October 1, 2015
• Trudeau said he would
legalized pot, but never said
it would be long drawn out
process during the election
5. WHAT IS MARIJUANA
• What it is and how it is grown
• Cannabis belongs to the genus Cannabis in the family Cannabaceae and includes three species, C. sativa, C. indica, and C. ruderalis,
(APG II system). It is typically a dioecious (each individual is either male or female) annual plant (life period: April–September).[1][2][3]
• C. sativa and C. indica generally grow tall (some varieties reach 4 metres, or 13 feet) and their females start the production of flowers
rich in tetrahydrocannabinol(THC) (up to 29% by weight) as the season changes from summer to autumn. C. ruderalis is very short,
produces only trace amounts of THC, but is very rich in cannabidiol (CBD), which may be 40% of the cannabinoids in a plant and is an
antagonist to THC, and it flowers independently of the photoperiod and according to age.[4] However, commercial cross-
bred hybrids containing both ruderalis, indica and/or sativa genes exist (usually called autoflowering).
• Fields and/or controlled environment with lights and plants
• Legal view and usage
• Globally, marijuana (cannabis) is the most commonly used illicit drug. Classified as a Schedule 1 controlled substance,
marijuana is a mood-altering (psychoactive) drug that affects almost every organ in the body.
• Surveys show that 34.9 percent of 12th graders in the United States use marijuana, and that close to 6 percent of 12th
graders report daily use of the drug.
• According to the 2013 National Survey on Drug Use and Health (NSDUH), 19.8 million adults in the U.S. used marijuana in
the month prior to being surveyed, and 81 percent of current illicit drug users had used marijuana. (Canada is about 1/9 size
as such the users in Canada are likely 2.2 million
http://www.medicalnewstoday.com/articles/246392.php
6. SIDE EFFECTS OF MARIJUANA – SHORT-TERM
• Short-term memory problems
• Severe anxiety, including fear that one is being watched or followed (paranoia)
• Very strange behavior, seeing, hearing or smelling things that aren’t there, not being able to tell imagination from reality (psychosis)
• Panic
• Hallucinations
• Loss of sense of personal identity
• Lowered reaction time
• Increased heart rate (risk of heart attack)
• Increased risk of stroke
• Problems with coordination (impairing safe driving or playing sports)
• Sexual problems (for males)
• Up to seven times more likely to contract sexually transmitted infections
than non-users (for females) (22,32 & 33)
http://www.drugfreeworld.org/drugfacts/marijuana/short-
and-long-term-effects.html
7. SIDE EFFECTS OF MARIJUANA – LONG-TERM
• Decline in IQ (up to 8 points if prolonged use started in adolescent age)
• Poor school performance and higher chance of dropping out
• Impaired thinking and ability to learn and perform complex tasks
• Lower life satisfaction
• Addiction (about 9% of adults and 17% of people who started smoking as teens)
• Potential development of opiate abuse
• Relationship problems, intimate partner violence
• Antisocial behavior including stealing money or lying
• Financial difficulties
• Increased welfare dependence
• Greater chances of being unemployed or not getting good jobs.(33)
http://www.drugfreeworld.org/drugfacts/marijuana/short-
and-long-term-effects.html
8. UN VIEW ON MARIJUANA
• Drug treaties are the 1961 Single Convention on Narcotic Drugs, the 1971 Convention on Psychotropic
Substances and the 1988 Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances.
• Countries that adopted the 1961 convention, including Canada, agreed to recognize "addiction to narcotic drugs
constitutes a serious evil for the individual and is fraught with social and economic danger" and be "conscious of
their duty to prevent and combat this evil."
• Canada would join other jurisdictions that have legalized marijuana in ways that violate such treaties,
like Uruguay — the first country to pass legislation in favour of legalizing marijuana for commercial and
recreational purposes in 2013 — and U.S. states Colorado and Washington.
http://www.cbc.ca/news/health/marijuana-legalization-canada-un-drug-conventions-1.3584148
9. ENFORCEMENT ON POT
• The U.S. war on drugs' symbolic genesis was in 1971, under President Richard Nixon, and Canada has been a supportive ally in this failed
endeavour.
• The war may be coming to an end in the United States, with reforms and rising awareness that it’s not worth the cost to taxpayers. In
2016 alone, 10 states will vote on marijuana liberalization, and the federal government is struggling to push back against state defiance
and the weight of both public opinion and economic evidence.
• Senator Kirsten Gillibrand (D-NY) has introduced bipartisan legislation to allow medical marijuana use nationwide, and there’s
pending legislation to stop civil asset forfeiture by the Drug Enforcement Administration. Even when it comes to heroin, President Barack
Obama this year acknowledged the strain on law enforcement and emphasized funding for treatment and education, as more
appropriate responses.
• The same process is in play in Canada, and Prime Minister Justin Trudeau has publicly backedlegalization for marijuana with strict
regulation—although hard drugs appear to be outside the Overton Window for the time being.
• What has yet to change, however, is the international front. Even if the strategy runs counter to sentiments and reforms at home,
Canadian and U.S. officials continue to crackdown on production and supply chains in neighbouring countries in the Western
Hemisphere.
• Trudeau has mentioned that enforcement has not worked. However, if pot is legalized then you will require enforcement of by-laws/laws
related to growing of Pot. There is no mentioned of the funding required to enforced by-laws, especially the collection of excise, HST and
other taxes from suppliers.
https://www.fraserinstitute.org/blogs/canada-helps-fund-drug-
war-abroad-while-eyeing-marijuana-legalization-at-home
10. UN AND MARIJUANA
Source - http://www.bnn.ca/canada-s-cannabis-legalization-plan-needs-to-factor-un-treaties-opposition-
1.797090
Opposition parties and legal experts are urging the Liberal government to be clear on how it plans to handle
the legalization of cannabis while Canada remains party to three UN treaties that control and criminalize drug
access, noting failure to provide clarity soon could cause confusion on the world stage.
Canada needed to give notice on July 1 if it intended to withdraw from the treaties and stick to its plan to
legalize marijuana by this time next year, said Steven Hoffman, a York University professor who specializes
in global health law.
It didn't, and Hoffman said he is concerned about the message this sends.
"The lack of clarity around how the federal government is going to address its international legal obligations
under the UN drug control treaties is concerning given it sends the message to countries around the world ...
that our international law obligations are not at the forefront of our minds," Hoffman said.
"Canada is one of the world's leading countries, a member of the G7, a country that everyone looks up to ...
what we do and the consequences of us violating international law are very different than the consequences
of other countries ... it is a big deal if Canada breaks international law."
11. GOVERNMENT TAXATION / MARIJUANA
Source - https://beta.theglobeandmail.com/globe-investor/investment-ideas/canadian-marijuana-stocks-
rally-on-trudeaus-dollar-a-gram-tax/article36910209/?ref=http://www.theglobeandmail.com&
Canadian marijuana stocks surged Friday after Prime Minister Justin Trudeau's government proposed a
tax of one dollar a gram of legalized recreational marijuana.
The government said Friday the tax shouldn't exceed $1 a gram or 10 per cent of the producer's price,
whichever is higher. Retail sales levies would be applied on top of that.
For example, 1 gram of dried cannabis costing $8 to produce would be taxed at $1, and the total cost of
$9 would be hit with a sales tax of $1.17, bringing the total to $10.17, the government said in a
statement. The example uses tax rates that apply in provinces such as Ontario. Rates vary in other
provinces.
Aurora Cannabis Inc. surged as much as 22 per cent to $4.94 in Toronto, the highest intraday price on
record. Canopy Growth Corp. gained as much as 5.1 per cent, Aphria Inc. rose 5.4 per cent and
MedReleaf Corp. rallied 7.2 per cent.
12. COST OF MARIJUANA
• Marijuana legalization can lead to the following issues
• More programs to support addiction (https://www.youtube.com/watch?v=likKBDWyAB4)
• More programs to help the mentally ill
• Drug-testing for employers. Marijuana is like alcohol as such it does impair your ability to operate heavy machinery
and equipment.
• Police detect devices for drug impaired drivers. How will drug impaired be charged under the criminal code?
• How will laws be reformed? How long will take it to changed the laws?
• How will the government enforce and collect taxes on marijuana growing operations, i.e. excise taxes, HST, income
tax, etc.?
http://www.cbc.ca/news/politics/pot-mclellan-cost-of-
legalization-1.3758981
Taxes on legal marijuana could add up to billions of dollars a year, but before that happens Canadians may have to make peace with spending to legalize
pot. "People — and I think the provinces, the territories and the government of Canada understand this — do not expect big revenues in the early years,"
Anne McLellan, the head of Canada's marijuana legalization and regulation task force, told CBC News.
"In fact, there are going to be up-front costs that governments at all levels are going to have to absorb."
Hint: Any new government program will have sunk costs of front as part of the initial setup. There will be ongoing cost to support the program. It is too
early to say what those costs will be to government. It is safe bet to say it will not be a complete windfall for the government when it comes to revenue
13. MARIJUANA MARKET / SIZE
• A legal market for recreational marijuana could give Canada’s economy a boost of up to $22.6 billion annually, says a
new study from business services firm Deloitte.
• The study estimates that marijuana sales, even initially, would be at least as large as hard liquor sales in Canada, at
around $5 billion annually, but could be as large as $8.7 billion, making them as large as wine sales.
• The total impact for Canada’s economy from a legal weed market — including growing and distribution, pot
paraphernalia, increased tourism and business taxes — would amount to between $12.7 billion to $22.6 billion
annually.
• The actual number will depend on how the government decides to regulate marijuana, and what price standards it
sets, Deloitte says. Those are decisions the federal Liberals plan to announce next spring.
• Canada's pharmaceutical industry has been lobbying to be admitted to the marijuana game when it's legalized.
Shoppers Drug Mart, owned by Loblaw Co., announced earlier this week it has applied to be a medical marijuana
distributor, a move likely preceding an expansion into recreational marijuana
http://www.huffingtonpost.ca/2016/10/27/marijuana-
legalization-market-size-canada_n_12676754.html
14. HOW WILL MEDICAL MARIJUANA INDUSTRY BE
IMPACTED?
• Medical marijuana industry has been growing in Canada. It is about $5B business annually in Canada.
• How will legalizing marijuana impact that industry?
http://www.canadianmanufacturing.com/operations/canadian-medical-marijuana-firm-
keeps-growing-pair-acquisitions-178041/ or
http://business.financialpost.com/news/agriculture/canadian-marijuana-stocks-jump-
as-liberal-wins-signals-legalization-on-the-table
15. CANOPY CORP
Former CFO for Liberal Party
• He may volunteer in his role as chief financial officer with the Liberal Party of Canada, but Chuck Rifici is in line for a big pay day, thanks to
one of the party's key platforms.
• Rifici, who has been a member of the Liberal national board of directors since 2011, is also the co-founder of Tweed Marijuana Inc.,
Canada's biggest full-scale producer of government-sanctioned pot producer, which is based in Smiths Falls, Ont. Source :
http://www.ottawasun.com/2015/10/28/liberal-cfo-could-rake-in-marijuana-money-with-legalization
Canopy Corp
• Key Quote –” Conservative MPs pressed the government hard Wednesday on a spike in trading in marijuana company stocks two weeks
ago, alleging the Liberals may have leaked an upcoming report into legal weed. On Nov. 16, the TSX halted trading on six different medical
marijuana companies over the course of the day -- some of them several times. The halts were automatically triggered by wild swings in
prices. Source - ”http://www.ctvnews.ca/mobile/politics/conservatives-hammer-liberals-on-marijuana-stock-surge-1.3184506
• Key Quote “Canadians may be very worried about Donald Trump leading the U.S., but there is one silver lining for Canada that arose from
the American election: a possible boost to our nascent marijuana industry. Take, for instance, Canopy Growth Corp., Canada's largest
medical marijuana manufacturer. The company has seen shares rise by a third since the U.S. vote. Its shares jumped 15 per cent on
Monday alone, after the company announced its revenue had more than tripled in a year. As of that afternoon, Canopy Growth was
valued at $1.3 billion, making it the first billion-dollar marijuana company in Canada. ” source -
http://www.huffingtonpost.ca/2016/11/14/canopy-growth-billion-dollar-marijuana-company_n_12967236.html
• Mergers and Acquisitions - http://business.financialpost.com/news/agriculture/canopy-grow-to-acquire-rival-mettrum-for-430-million-
to-form-mega-company-serving-half-canadas-medical-pot-users
16. FINAL THOUGHTS
• Marijuana is like alcohol as such should be legalized
• There needs to be a fully costed model including allocation of moneys to mental health, law enforcement,
licensing, product quality and other areas. The government should not be treating the marijuana as windfall unless
it allocates funds to support all aspect of the program
• The government has to open and transparent with the awarding licensing process from production to
distribution/retail.
• The government will need to work with government around to world to support changing the laws for marijuana
• Foreign Aid will need to be review in terms of law enforcement to countries like Mexico, Colombia, Haiti, etc.
• Age limits will need to be set, i.e. 19