California's legalization of medical marijuana in 1996 led other states to follow suit. Colorado legalized medical marijuana in 2000 and recreational use in 2012. In 2016, California voters passed Proposition 64, legalizing recreational use and joining Colorado and Washington. California aims to convert the marijuana industry into a legal, tax-paying system generating $1B in tax revenue annually. Lawmakers will develop regulations over the next year and a half to allow businesses to profit within the legal system and curb the black market. The system will likely mirror the three-tier alcohol distribution model with small cultivators and retailers connected through a few large distributors to ensure regulation, taxation and product safety.
This PowerPoint was prepared for a Management 402 class. The assignment was to take an infant industry and propose possible strategies for profit potential. So, this presentation explores the legal marijuana industry and the profit potential that is waiting to be gained.
Protecting the Marijuana Industry from the Corporate Takeover of LegalizationEvergreen Buzz
How can we protect the marijuana industry from corporate takeovers, read this https://cannabis.net/blog/opinion/protecting-the-marijuana-industry-from-federal-legalization-is-it-even-possible-to-stop-the-cor
Marijuana is still illegal under the Controlled Substances Act. Before businesses get ahead of themselves, understanding the risk associated with this federal law is important. There are also market entry barriers such as limited licensing and access to startup capital to contend with; obtaining business loans from banks may be difficult for this industry.
Medical Marijuana Sales Hit $1 Billion in MarylandCannabis News
Maryland has a big medical marijuana market, read this https://cannabis.net/blog/news/maryland-medical-marijuana-sales-hit-1-billion-in-less-than-40-months-new-billion-in-sales-pred
Now more than ever the cannabis industry has reason to be excited about our future. Support for legal marijuana is at an all-time high. In fact, the number of Americans favoring legalization has doubled in less than 20 years.
https://www.viridiansciences.com/blog/state-of-the-cannabis-industry-april-20-2018
Marijuana Companies are Hiring Like Crazy But Still Have Stiff Challenges AheadEvergreen Buzz
Marijuana companies are hiring, read this https://cannabis.net/blog/b2b/marijuana-companies-are-hiring-like-crazy-but-still-have-stiff-challenges-ahead
This PowerPoint was prepared for a Management 402 class. The assignment was to take an infant industry and propose possible strategies for profit potential. So, this presentation explores the legal marijuana industry and the profit potential that is waiting to be gained.
Protecting the Marijuana Industry from the Corporate Takeover of LegalizationEvergreen Buzz
How can we protect the marijuana industry from corporate takeovers, read this https://cannabis.net/blog/opinion/protecting-the-marijuana-industry-from-federal-legalization-is-it-even-possible-to-stop-the-cor
Marijuana is still illegal under the Controlled Substances Act. Before businesses get ahead of themselves, understanding the risk associated with this federal law is important. There are also market entry barriers such as limited licensing and access to startup capital to contend with; obtaining business loans from banks may be difficult for this industry.
Medical Marijuana Sales Hit $1 Billion in MarylandCannabis News
Maryland has a big medical marijuana market, read this https://cannabis.net/blog/news/maryland-medical-marijuana-sales-hit-1-billion-in-less-than-40-months-new-billion-in-sales-pred
Now more than ever the cannabis industry has reason to be excited about our future. Support for legal marijuana is at an all-time high. In fact, the number of Americans favoring legalization has doubled in less than 20 years.
https://www.viridiansciences.com/blog/state-of-the-cannabis-industry-april-20-2018
Marijuana Companies are Hiring Like Crazy But Still Have Stiff Challenges AheadEvergreen Buzz
Marijuana companies are hiring, read this https://cannabis.net/blog/b2b/marijuana-companies-are-hiring-like-crazy-but-still-have-stiff-challenges-ahead
Will COVID-19 Push Marijuana Legalization Forward or Slow It Down?Cannabis News
Will the coronavirus and after effects cause marijuana legalization to jump forward or fall back, read this https://cannabis.net/blog/opinion/will-covid19-push-back-or-move-up-cannabis-legalization-at-the-federal-and-state-level
FBI Wants You To Stop Smoking Weed at 24 Times in Your Life or No JobEvergreen Buzz
The FBI has new marijuana rules, read this https://cannabis.net/blog/opinion/fbi-announces-that-if-you-smoke-weed-24-times-after-you-turn-18-you-cant-work-for-the-agency
Your CBD business plan has to cover a lot of ground. Regulatory hurdles. Supply chain inconsistency. Marketing restrictions. And even if all those issues are addressed, you still have to create a credible brand in a crowded marketplace.
Fortunately, GemmaCert is here to help. We’ve assembled this guide with valuable information for creating a great CBD business. Because our executive team has extensive experience in the dietary supplement industry — and because CBD is regulated like a dietary supplement in many
jurisdictions — we can help CBD businesses navigate the market.
California cannabis market may grow at a compounded annual rate of 18.5% to $5.6 billion by 2020. California’s cannabis industry reported $2,692 million in retail sales via nearly 2,800 dispensaries in 2016, that is 10% more than all other medical cannabis states combined as of 2016.
https://cannabusinessplans.com/california-cannabis-market/
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"
Cannabis Basics: Getting up to Speed with Current Laws, Legislation, & Essent...Financial Poise
The cannabis and hemp industries in the U.S. have exploded in recent years due to increased numbers of states allowing businesses to grow, process, and sell cannabis products for medical and adult use. But one may ask: how are these businesses capable of operating if federal laws prohibit them?
This series provides an essential foundation for any businessperson or professional looking to get smart about the cannabis industry. In the first episode of this series, our panel of experts will bring you up to speed on the complex and constantly evolving legal framework governing cannabis businesses. With this context, our panelists will also discuss the opportunities and challenges of operating in the cannabis space.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/cannabis-investment-successes-failures-strategies-for-the-future-2021/
Round 3 Sample Outline Legalization of Recreational Marijuan.docxhealdkathaleen
Round 3 Sample Outline
Legalization of Recreational Marijuana in Colorado
I. Introduction
A. Attention Getter: Edibles, joints, and vapors, oh my! Marijuana is now legal for recreational use in
the states of Alaska, Washington, Oregon, and Colorado, and will soon be legal in California, Maine,
Massachusetts, and Nevada. And this list doesn’t include states like Illinois that have legalized marijuana
for medical purposes. This information was found in a December 2016 Fortune Magazine article.
B. Benefits: Clearly the legal use of marijuana is a growing trend in the United States. This trend has
important impacts on state governments, social services, and citizen health; therefore, it is important
that we understand what is happening.
C. Thesis: Today I’d like to speak with you about the impacts of Colorado’s 2014 legalization of
recreational marijuana.
D. Preview: First I will explain what the state’s legalization entailed, and then I’ll move on to how it has
impacted the state.
Transition: Let’s get started to look at how Colorado regulates recreational marijuana.
II. MP1: Recreational marijuana became legal in Colorado in January 2014.
A. Let me first clarify what recreational marijuana is.
1. Recreational marijuana is any marijuana product that is purchased and consumed for
the pleasure, or recreation of the user.
a. Unlike medical marijuana, which is legal in Illinois, no doctor’s prescription is
required to buy or use recreational marijuana.
2. This marijuana comes in many forms, including marijuana cigarettes, commonly
known as joints, edible products like based goods infused with marijuana, and oils that
contain THC, which is the main chemical component of marijuana. (EX)
B. The state of Colorado regulates producers, sellers, and users of recreational marijuana.
1. Marijuana growers, producers and sellers must conform to several key regulations.
a. First, all marijuana businesses must apply for and receive licenses in order to
operate.
b. Second, Colorado also implemented a seed-to-sale tracking system in which
each marijuana plant has a scannable bar code which traces the plant through
the growing, production, and sale process.
i. This data is fed into a database that state officials use to track
marijuana in the state and prevent it from being sold illegally.
ii. This information was found in a June 2015 Case Western Reserve Law
Review article.
c. Finally, the state of Colorado charges a 15% excise tax when marijuana is sold
between businesses, for example when a grower sells to a retailer.
i. This information was found on the state of Colorado website,
accessed in July 2017.
2. Those who wish to use marijuana recreationally in Colorado also must comply with
state regulations.
a. First, one must be 21 years of age to buy marijuana for recreational
purposes.
b. Second, a perso ...
Hydropothecary announces new expansion. Join Hydropothecary Online And Learn About Our Artisan Grown Medical Marijuana, Marijuana Products And 24 7 Concierge Support Line.
Medical Cannabis Business Plan sample for cannabis cultivation business in California (extraction). https://cannabusinessplans.com/cannabis-business-plan-sample/
Templates and Financial Models https://cannabusinessplans.com/shop/
Will COVID-19 Push Marijuana Legalization Forward or Slow It Down?Cannabis News
Will the coronavirus and after effects cause marijuana legalization to jump forward or fall back, read this https://cannabis.net/blog/opinion/will-covid19-push-back-or-move-up-cannabis-legalization-at-the-federal-and-state-level
FBI Wants You To Stop Smoking Weed at 24 Times in Your Life or No JobEvergreen Buzz
The FBI has new marijuana rules, read this https://cannabis.net/blog/opinion/fbi-announces-that-if-you-smoke-weed-24-times-after-you-turn-18-you-cant-work-for-the-agency
Your CBD business plan has to cover a lot of ground. Regulatory hurdles. Supply chain inconsistency. Marketing restrictions. And even if all those issues are addressed, you still have to create a credible brand in a crowded marketplace.
Fortunately, GemmaCert is here to help. We’ve assembled this guide with valuable information for creating a great CBD business. Because our executive team has extensive experience in the dietary supplement industry — and because CBD is regulated like a dietary supplement in many
jurisdictions — we can help CBD businesses navigate the market.
California cannabis market may grow at a compounded annual rate of 18.5% to $5.6 billion by 2020. California’s cannabis industry reported $2,692 million in retail sales via nearly 2,800 dispensaries in 2016, that is 10% more than all other medical cannabis states combined as of 2016.
https://cannabusinessplans.com/california-cannabis-market/
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"
Cannabis Basics: Getting up to Speed with Current Laws, Legislation, & Essent...Financial Poise
The cannabis and hemp industries in the U.S. have exploded in recent years due to increased numbers of states allowing businesses to grow, process, and sell cannabis products for medical and adult use. But one may ask: how are these businesses capable of operating if federal laws prohibit them?
This series provides an essential foundation for any businessperson or professional looking to get smart about the cannabis industry. In the first episode of this series, our panel of experts will bring you up to speed on the complex and constantly evolving legal framework governing cannabis businesses. With this context, our panelists will also discuss the opportunities and challenges of operating in the cannabis space.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/cannabis-investment-successes-failures-strategies-for-the-future-2021/
Round 3 Sample Outline Legalization of Recreational Marijuan.docxhealdkathaleen
Round 3 Sample Outline
Legalization of Recreational Marijuana in Colorado
I. Introduction
A. Attention Getter: Edibles, joints, and vapors, oh my! Marijuana is now legal for recreational use in
the states of Alaska, Washington, Oregon, and Colorado, and will soon be legal in California, Maine,
Massachusetts, and Nevada. And this list doesn’t include states like Illinois that have legalized marijuana
for medical purposes. This information was found in a December 2016 Fortune Magazine article.
B. Benefits: Clearly the legal use of marijuana is a growing trend in the United States. This trend has
important impacts on state governments, social services, and citizen health; therefore, it is important
that we understand what is happening.
C. Thesis: Today I’d like to speak with you about the impacts of Colorado’s 2014 legalization of
recreational marijuana.
D. Preview: First I will explain what the state’s legalization entailed, and then I’ll move on to how it has
impacted the state.
Transition: Let’s get started to look at how Colorado regulates recreational marijuana.
II. MP1: Recreational marijuana became legal in Colorado in January 2014.
A. Let me first clarify what recreational marijuana is.
1. Recreational marijuana is any marijuana product that is purchased and consumed for
the pleasure, or recreation of the user.
a. Unlike medical marijuana, which is legal in Illinois, no doctor’s prescription is
required to buy or use recreational marijuana.
2. This marijuana comes in many forms, including marijuana cigarettes, commonly
known as joints, edible products like based goods infused with marijuana, and oils that
contain THC, which is the main chemical component of marijuana. (EX)
B. The state of Colorado regulates producers, sellers, and users of recreational marijuana.
1. Marijuana growers, producers and sellers must conform to several key regulations.
a. First, all marijuana businesses must apply for and receive licenses in order to
operate.
b. Second, Colorado also implemented a seed-to-sale tracking system in which
each marijuana plant has a scannable bar code which traces the plant through
the growing, production, and sale process.
i. This data is fed into a database that state officials use to track
marijuana in the state and prevent it from being sold illegally.
ii. This information was found in a June 2015 Case Western Reserve Law
Review article.
c. Finally, the state of Colorado charges a 15% excise tax when marijuana is sold
between businesses, for example when a grower sells to a retailer.
i. This information was found on the state of Colorado website,
accessed in July 2017.
2. Those who wish to use marijuana recreationally in Colorado also must comply with
state regulations.
a. First, one must be 21 years of age to buy marijuana for recreational
purposes.
b. Second, a perso ...
Hydropothecary announces new expansion. Join Hydropothecary Online And Learn About Our Artisan Grown Medical Marijuana, Marijuana Products And 24 7 Concierge Support Line.
Medical Cannabis Business Plan sample for cannabis cultivation business in California (extraction). https://cannabusinessplans.com/cannabis-business-plan-sample/
Templates and Financial Models https://cannabusinessplans.com/shop/
Amendment 64 would produce $60 million in new revenue and savings for ColoradoJesse Budlong
This paper explores the state and local government budget impact of Amendment 64. Using the latest research and best available estimates of consumption and price, this analysis concludes that Amendment 64 would, in the years prior to 2017 generate over $32 million in new revenue for the state budget, over $14 million in new revenue for local governments and would result in savings of more than $12 million in state and local law enforcement spending. Of the new state dollars, Amendment 64 would direct $24 million to the Building Excellent Schools Today (BEST) program that would result in the creation of 372 new jobs in cities and towns across Colorado with 217 of those jobs in the construction industry.
Senate Bill 711 to Legalize Medical Marijuana in North Carolina Goes to a VoteEvergreen Buzz
North Carolina gets closer to MMJ, read this https://cannabis.net/blog/news/north-carolina-senate-bill-711-legalizing-medical-marijuana-in-the-tar-heel-state-finally
North Carolina to Legalize Medical Marijuana in Senate Bill 711Cannabis News
North Carolina goes medical marijuana, read this https://cannabis.net/blog/news/north-carolina-senate-bill-711-legalizing-medical-marijuana-in-the-tar-heel-state-finally
From the Editor's Desk: 115th Father's day Celebration - When we see Father's day in Hindu context, Nanda Baba is the most vivid figure which comes to the mind. Nanda Baba who was the foster father of Lord Krishna is known to provide love, care and affection to Lord Krishna and Balarama along with his wife Yashoda; Letter’s to the Editor: Mother's Day - Mother is a precious life for their children. Mother is life breath for her children. Mother's lap is the world happiness whose debt can never be paid.
Tom Selleck Net Worth: A Comprehensive Analysisgreendigital
Over several decades, Tom Selleck, a name synonymous with charisma. From his iconic role as Thomas Magnum in the television series "Magnum, P.I." to his enduring presence in "Blue Bloods," Selleck has captivated audiences with his versatility and charm. As a result, "Tom Selleck net worth" has become a topic of great interest among fans. and financial enthusiasts alike. This article delves deep into Tom Selleck's wealth, exploring his career, assets, endorsements. and business ventures that contribute to his impressive economic standing.
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Early Life and Career Beginnings
The Foundation of Tom Selleck's Wealth
Born on January 29, 1945, in Detroit, Michigan, Tom Selleck grew up in Sherman Oaks, California. His journey towards building a large net worth began with humble origins. , Selleck pursued a business administration degree at the University of Southern California (USC) on a basketball scholarship. But, his interest shifted towards acting. leading him to study at the Hills Playhouse under Milton Katselas.
Minor roles in television and films marked Selleck's early career. He appeared in commercials and took on small parts in T.V. series such as "The Dating Game" and "Lancer." These initial steps, although modest. laid the groundwork for his future success and the growth of Tom Selleck net worth. Breakthrough with "Magnum, P.I."
The Role that Defined Tom Selleck's Career
Tom Selleck's breakthrough came with the role of Thomas Magnum in the CBS television series "Magnum, P.I." (1980-1988). This role made him a household name and boosted his net worth. The series' popularity resulted in Selleck earning large salaries. leading to financial stability and increased recognition in Hollywood.
"Magnum P.I." garnered high ratings and critical acclaim during its run. Selleck's portrayal of the charming and resourceful private investigator resonated with audiences. making him one of the most beloved television actors of the 1980s. The success of "Magnum P.I." played a pivotal role in shaping Tom Selleck net worth, establishing him as a major star.
Film Career and Diversification
Expanding Tom Selleck's Financial Portfolio
While "Magnum, P.I." was a cornerstone of Selleck's career, he did not limit himself to television. He ventured into films, further enhancing Tom Selleck net worth. His filmography includes notable movies such as "Three Men and a Baby" (1987). which became the highest-grossing film of the year, and its sequel, "Three Men and a Little Lady" (1990). These box office successes contributed to his wealth.
Selleck's versatility allowed him to transition between genres. from comedies like "Mr. Baseball" (1992) to westerns such as "Quigley Down Under" (1990). This diversification showcased his acting range. and provided many income streams, reinforcing Tom Selleck net worth.
Television Resurgence with "Blue Bloods"
Sustaining Wealth through Consistent Success
In 2010, Tom Selleck began starring as Frank Reagan i
Matt Rife Cancels Shows Due to Health Concerns, Reschedules Tour Dates.pdfAzura Everhart
Matt Rife's comedy tour took an unexpected turn. He had to cancel his Bloomington show due to a last-minute medical emergency. Fans in Chicago will also have to wait a bit longer for their laughs, as his shows there are postponed. Rife apologized and assured fans he'd be back on stage soon.
https://www.theurbancrews.com/celeb/matt-rife-cancels-bloomington-show/
Scandal! Teasers June 2024 on etv Forum.co.zaIsaac More
Monday, 3 June 2024
Episode 47
A friend is compelled to expose a manipulative scheme to prevent another from making a grave mistake. In a frantic bid to save Jojo, Phakamile agrees to a meeting that unbeknownst to her, will seal her fate.
Tuesday, 4 June 2024
Episode 48
A mother, with her son's best interests at heart, finds him unready to heed her advice. Motshabi finds herself in an unmanageable situation, sinking fast like in quicksand.
Wednesday, 5 June 2024
Episode 49
A woman fabricates a diabolical lie to cover up an indiscretion. Overwhelmed by guilt, she makes a spontaneous confession that could be devastating to another heart.
Thursday, 6 June 2024
Episode 50
Linda unwittingly discloses damning information. Nhlamulo and Vuvu try to guide their friend towards the right decision.
Friday, 7 June 2024
Episode 51
Jojo's life continues to spiral out of control. Dintle weaves a web of lies to conceal that she is not as successful as everyone believes.
Monday, 10 June 2024
Episode 52
A heated confrontation between lovers leads to a devastating admission of guilt. Dintle's desperation takes a new turn, leaving her with dwindling options.
Tuesday, 11 June 2024
Episode 53
Unable to resort to violence, Taps issues a verbal threat, leaving Mdala unsettled. A sister must explain her life choices to regain her brother's trust.
Wednesday, 12 June 2024
Episode 54
Winnie makes a very troubling discovery. Taps follows through on his threat, leaving a woman reeling. Layla, oblivious to the truth, offers an incentive.
Thursday, 13 June 2024
Episode 55
A nosy relative arrives just in time to thwart a man's fatal decision. Dintle manipulates Khanyi to tug at Mo's heartstrings and get what she wants.
Friday, 14 June 2024
Episode 56
Tlhogi is shocked by Mdala's reaction following the revelation of their indiscretion. Jojo is in disbelief when the punishment for his crime is revealed.
Monday, 17 June 2024
Episode 57
A woman reprimands another to stay in her lane, leading to a damning revelation. A man decides to leave his broken life behind.
Tuesday, 18 June 2024
Episode 58
Nhlamulo learns that due to his actions, his worst fears have come true. Caiphus' extravagant promises to suppliers get him into trouble with Ndu.
Wednesday, 19 June 2024
Episode 59
A woman manages to kill two birds with one stone. Business doom looms over Chillax. A sobering incident makes a woman realize how far she's fallen.
Thursday, 20 June 2024
Episode 60
Taps' offer to help Nhlamulo comes with hidden motives. Caiphus' new ideas for Chillax have MaHilda excited. A blast from the past recognizes Dintle, not for her newfound fame.
Friday, 21 June 2024
Episode 61
Taps is hungry for revenge and finds a rope to hang Mdala with. Chillax's new job opportunity elicits mixed reactions from the public. Roommates' initial meeting starts off on the wrong foot.
Monday, 24 June 2024
Episode 62
Taps seizes new information and recruits someone on the inside. Mary's new job
In the vast landscape of cinema, stories have been told, retold, and reimagined in countless ways. At the heart of this narrative evolution lies the concept of a "remake". A successful remake allows us to revisit cherished tales through a fresh lens, often reflecting a different era's perspective or harnessing the power of advanced technology. Yet, the question remains, what makes a remake successful? Today, we will delve deeper into this subject, identifying the key ingredients that contribute to the success of a remake.
Young Tom Selleck: A Journey Through His Early Years and Rise to Stardomgreendigital
Introduction
When one thinks of Hollywood legends, Tom Selleck is a name that comes to mind. Known for his charming smile, rugged good looks. and the iconic mustache that has become synonymous with his persona. Tom Selleck has had a prolific career spanning decades. But, the journey of young Tom Selleck, from his early years to becoming a household name. is a story filled with determination, talent, and a touch of luck. This article delves into young Tom Selleck's life, background, early struggles. and pivotal moments that led to his rise in Hollywood.
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Early Life and Background
Family Roots and Childhood
Thomas William Selleck was born in Detroit, Michigan, on January 29, 1945. He was the second of four children in a close-knit family. His father, Robert Dean Selleck, was a real estate investor and executive. while his mother, Martha Selleck, was a homemaker. The Selleck family relocated to Sherman Oaks, California. when Tom was a child, setting the stage for his future in the entertainment industry.
Education and Early Interests
Growing up, young Tom Selleck was an active and athletic child. He attended Grant High School in Van Nuys, California. where he excelled in sports, particularly basketball. His tall and athletic build made him a standout player, and he earned a basketball scholarship to the University of Southern California (U.S.C.). While at U.S.C., Selleck studied business administration. but his interests shifted toward acting.
Discovery of Acting Passion
Tom Selleck's journey into acting was serendipitous. During his time at U.S.C., a drama coach encouraged him to try acting. This nudge led him to join the Hills Playhouse, where he began honing his craft. Transitioning from an aspiring athlete to an actor took time. but young Tom Selleck became drawn to the performance world.
Early Career Struggles
Breaking Into the Industry
The path to stardom was a challenging one for young Tom Selleck. Like many aspiring actors, he faced many rejections and struggled to find steady work. A series of minor roles and guest appearances on television shows marked his early career. In 1965, he debuted on the syndicated show "The Dating Game." which gave him some exposure but did not lead to immediate success.
The Commercial Breakthrough
During the late 1960s and early 1970s, Selleck began appearing in television commercials. His rugged good looks and charismatic presence made him a popular brand choice. He starred in advertisements for Pepsi-Cola, Revlon, and Close-Up toothpaste. These commercials provided financial stability and helped him gain visibility in the industry.
Struggling Actor in Hollywood
Despite his success in commercials. breaking into large acting roles remained a challenge for young Tom Selleck. He auditioned and took on small parts in T.V. shows and movies. Some of his early television appearances included roles in popular series like Lancer, The F.B.I., and Bracken's World. But, it would take a
Maximizing Your Streaming Experience with XCIPTV- Tips for 2024.pdfXtreame HDTV
In today’s digital age, streaming services have become an integral part of our entertainment lives. Among the myriad of options available, XCIPTV stands out as a premier choice for those seeking seamless, high-quality streaming. This comprehensive guide will delve into the features, benefits, and user experience of XCIPTV, illustrating why it is a top contender in the IPTV industry.
Meet Dinah Mattingly – Larry Bird’s Partner in Life and Loveget joys
Get an intimate look at Dinah Mattingly’s life alongside NBA icon Larry Bird. From their humble beginnings to their life today, discover the love and partnership that have defined their relationship.
Modern Radio Frequency Access Control Systems: The Key to Efficiency and SafetyAITIX LLC
Today's fast-paced environment worries companies of all sizes about efficiency and security. Businesses are constantly looking for new and better solutions to solve their problems, whether it's data security or facility access. RFID for access control technologies have revolutionized this.
240529_Teleprotection Global Market Report 2024.pdfMadhura TBRC
The teleprotection market size has grown
exponentially in recent years. It will grow from
$21.92 billion in 2023 to $28.11 billion in 2024 at a
compound annual growth rate (CAGR) of 28.2%. The
teleprotection market size is expected to see
exponential growth in the next few years. It will grow
to $70.77 billion in 2028 at a compound annual
growth rate (CAGR) of 26.0%.
As a movie director, I am often asked about the process of creating an indie film. It's a journey of passion, perseverance, and planning, and today, I'm going to take you through it.
Experience the thrill of Progressive Puzzle Adventures, like Scavenger Hunt Games and Escape Room Activities combined Solve Treasure Hunt Puzzles online.
Skeem Saam in June 2024 available on ForumIsaac More
Monday, June 3, 2024 - Episode 241: Sergeant Rathebe nabs a top scammer in Turfloop. Meikie is furious at her uncle's reaction to the truth about Ntswaki.
Tuesday, June 4, 2024 - Episode 242: Babeile uncovers the truth behind Rathebe’s latest actions. Leeto's announcement shocks his employees, and Ntswaki’s ordeal haunts her family.
Wednesday, June 5, 2024 - Episode 243: Rathebe blocks Babeile from investigating further. Melita warns Eunice to stay clear of Mr. Kgomo.
Thursday, June 6, 2024 - Episode 244: Tbose surrenders to the police while an intruder meddles in his affairs. Rathebe's secret mission faces a setback.
Friday, June 7, 2024 - Episode 245: Rathebe’s antics reach Kganyago. Tbose dodges a bullet, but a nightmare looms. Mr. Kgomo accuses Melita of witchcraft.
Monday, June 10, 2024 - Episode 246: Ntswaki struggles on her first day back at school. Babeile is stunned by Rathebe’s romance with Bullet Mabuza.
Tuesday, June 11, 2024 - Episode 247: An unexpected turn halts Rathebe’s investigation. The press discovers Mr. Kgomo’s affair with a young employee.
Wednesday, June 12, 2024 - Episode 248: Rathebe chases a criminal, resorting to gunfire. Turf High is rife with tension and transfer threats.
Thursday, June 13, 2024 - Episode 249: Rathebe traps Kganyago. John warns Toby to stop harassing Ntswaki.
Friday, June 14, 2024 - Episode 250: Babeile is cleared to investigate Rathebe. Melita gains Mr. Kgomo’s trust, and Jacobeth devises a financial solution.
Monday, June 17, 2024 - Episode 251: Rathebe feels the pressure as Babeile closes in. Mr. Kgomo and Eunice clash. Jacobeth risks her safety in pursuit of Kganyago.
Tuesday, June 18, 2024 - Episode 252: Bullet Mabuza retaliates against Jacobeth. Pitsi inadvertently reveals his parents’ plans. Nkosi is shocked by Khwezi’s decision on LJ’s future.
Wednesday, June 19, 2024 - Episode 253: Jacobeth is ensnared in deceit. Evelyn is stressed over Toby’s case, and Letetswe reveals shocking academic results.
Thursday, June 20, 2024 - Episode 254: Elizabeth learns Jacobeth is in Mpumalanga. Kganyago's past is exposed, and Lehasa discovers his son is in KZN.
Friday, June 21, 2024 - Episode 255: Elizabeth confirms Jacobeth’s dubious activities in Mpumalanga. Rathebe lies about her relationship with Bullet, and Jacobeth faces theft accusations.
Monday, June 24, 2024 - Episode 256: Rathebe spies on Kganyago. Lehasa plans to retrieve his son from KZN, fearing what awaits.
Tuesday, June 25, 2024 - Episode 257: MaNtuli fears for Kwaito’s safety in Mpumalanga. Mr. Kgomo and Melita reconcile.
Wednesday, June 26, 2024 - Episode 258: Kganyago makes a bold escape. Elizabeth receives a shocking message from Kwaito. Mrs. Khoza defends her husband against scam accusations.
Thursday, June 27, 2024 - Episode 259: Babeile's skillful arrest changes the game. Tbose and Kwaito face a hostage crisis.
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2. I. Recent History of the Industry
California’s Proposition 215 Leads to Recreational Legalization
In 1996, Californians passed Proposition 215, the Compassionate Use Act, and became the
first state to legalize medical marijuana for patients with AIDS, cancer, and other serious
diseases and launched the current phase of marijuana policy in the US.
Colorado put forth a bill in 1998 to do the same, but their first attempt failed. Then, in
2000 Amendment 20 made Colorado the only state with legal medical marijuana use
written into its constitution. With this public opinion momentum Colorado voters passed
Amendment 64 legalizing recreational use in 2012, and they were simultaneously joined in
the recreational cannabis club by Washington, where initiative 502 also passed.
MMRSA and Proposition 64
In October 2015 California’s state legislature passed, and Governor Jerry Brown signed into
law a series of bills that became the Medical Cannabis Regulation and Safety Act (MCRSA).
After 20 years without statewide regulation this law calls for the creation of a marijuana
industry regulatory body similar to California’s Department of Alcohol Beverage Control
(ABC). In February 2016 Governor Brown appointed Lori Ajax to be California’s marijuana
czar and oversee the Bureau of Medical Marijuana Regulation (BMMR), where she is
charged with building the regulatory framework for the industry and issuing the various
licenses prescribed by the initiative.
On November 8, 2016, Californians joined Coloradans and Washingtonians by voting for
Proposition 64, known as the Adult Use of Marijuana Act (AUMA). This is widely seen as the
inflection point in nationwide legalization. Following the passage of Proposition 64
(AUMA), the BMMR became the Bureau of Marijuana Control (BMC), and its purview
increased to include both recreational and medical sales and usage. California has
announced their intention to unify its medical and recreational marijuana industries.
II. It’s All About California
Size of Industry
In 2015, Marijuana was a $53B retail market in America according to estimates from
Drugscience.org.
In November 2016 eight states passed ballot initiatives legalizing Marijuana (four
recreational and four medical). The list of recreational states includes the entire West Coast
of the US, and the Northeast isn’t far behind. Now, the marijuana industry is beginning its
transition into a legal, regulated industry and will soon compete directly with the $211
billion alcohol industry in the United States. (Beer ~50%, Liquor ~30% and Wine ~20%)
3. California’s Place in Industry
As one of the largest US states and the natural home of the industry, California will become
the archetype for legal, responsible and recreational usage with legal statewide sales
expected to eventually reach $20B.
III. California’s Goals
Convert Industry into Legal, Taxpaying One
According to the promoters of the AUMA, the conversion of the cannabis industry from its
current lawless, black-market status into a fully legal, taxable and regulated system will
yield up to $1B in new tax revenue, beginning in January 2018, with the establishment of
statewide regulations and a licensing system. Over the ten months between now and 2018
the legislators in California will reconcile the AUMA with MCRSA, and the Bureau of
Marijuana Control will design and develop the regulatory framework that will underpin the
supply chain of the industry.
Allow Industry Players to Make Money or else the Black Market Will Win
Since Prop 215 in 1996, many cities and municipalities have passed ordinances that allow
retail sales of medical marijuana. Prior to 2018 these stores are organized as cooperatives
4. for the non-profit benefit of their patients, but given minimal enforcement, most operators
thrive by operating in the shadows. They are currently joined in the black market by
Mexican cartels and other underworld figures, and most experts estimate that less than 1%
of the marijuana sold in the US goes through a completely legal supply chain.
Today in California, an astonishingly small amount of our marijuana is grown legally in a
licensed facility, and only a handful of municipalities allow licensed manufacturing of
marijuana extracts. Because the state has yet to issue statewide distribution licenses, all
distribution is ad hoc and illegal. In addition, the retail universe is littered with numerous
unlicensed or “rogue” shops that look and feel like their legal brethren without the hassle of
testing constraints and paying local taxes. And, literally thousands of small-timers operate
illegal app-based marijuana delivery services in nearly every city in California.
The current system favors rogue actors and renders rule followers as tax-paying patsies.
Only a well-designed operating system that allows businesses to make money can succeed
in the long run. Otherwise, operators will spend their time designing methods for skirting
the system, law enforcement will complain that they don’t have money to enforce the rules,
and we will be back to the drug war.
IV. System Development Case Study - Colorado
Size of Market ($1.1B at retail in 2016)
In its first year in 2014 Colorado’s marijuana regulatory system produced retail sales of
$700m. It then grew by over 50% in 2015 to $1b, and by another 10% in 2016 to $1.1b.
These sales generated tax revenues for the state of $63m, $120m and $170m respectively.
Industry observers estimate that legal sales now account for roughly 70% of total sales,
leaving 30% remaining in the black market. But, are enough businesses making money? Is
the system working? Is it sustainable?
Key Policy Decisions
Colorado’s policymakers made 3 key decisions about their marijuana supply chain.
1. Separate systems for medical marijuana and recreational marijuana
2. Two-tiered supply chain where cultivators/manufacturers interface directly with
retailers (testing occurs inside the manufacturing segment)
3. Seed-to-sale track and trace system that allows monitoring on a plant-by-plant basis
Separate Systems for Medical and Recreational
The first decision likely made sense at the time of inception, but it has proven to be
cumbersome and onerous. Not only do retailers need to choose to serve one or the other
market, but cultivators need to separate their facilities into two distinct areas to provide
the same product to different markets. This adds nothing but inefficiency to the system
5. where the only true benefit to medical users from having a separate system is to save sales
tax costs.
Two-tiered Supply Chain
By choosing to implement a two-tiered supply chain, the state of Colorado destined its
marijuana industry to eventual failure, barring a change of course. Prior to 2014 the
unregulated industry had two supply chain segments: cultivation/manufacture and retail.
So, upon regulation, Colorado acquiesced to the wishes of current industry operators and
maintained the basic system, allowing both large retailers and large manufacturers to self-
distribute.
Self-distribution doesn’t work at scale in any sophisticated product industry, let alone one
that faces the legal and social challenges of marijuana. The first couple years in Colorado
provide evidence of a broken system. Large retail chains have discovered that they make
significantly higher margins when they create their own supply, and large cultivators have
found that they capture vastly more rents when they supply their own stores.
Now, the big players are vertically integrated operators who service the entire supply
chain. Aside from violating a fundamental rule of economics that teaches companies to
focus on their areas of competitive advantage, the resulting distribution system yields a
tilted playing field against smaller operators. Not large enough to warrant self-distribution,
they are now forced to rely on distributors who are actually their competitors and quasi-
monopolists to boot.
Seed to Sale Tracking
Seed to sale tracking for marijuana seems like a good idea, but a bit of perspective is useful.
The only other product in the US that requires tracking from product creation to sale is
plutonium. Systems should be used as tools, not as failsafe monitors. Product testing
would suffice to control for outliers in product quality, pesticide use and THC amount. Seed
to sale tracking adds unnecessary costs to the system that can and should be easily avoided.
Result
Colorado’s system today seems healthy on its surface, but cracks are evident. The
overwhelming majority of retailers in Colorado have failed to generate profitable
businesses, the product quality is sub-par by most accounts, growth in only the third year
of business is down to 10% and many sophisticated Colorado operators have moved their
businesses to California and Nevada.
IV. System Development in California
Given its Size and Importance California Must Become the Prototype
As mentioned, California is the epicenter of the marijuana industry both economically and
culturally, and it will become the archetype for other states, whether by choice or
6. circumstance. Thus, it is critical that California lawmakers develop a solid framework,
while continuing to iterate and make improvements to their chosen system.
System Design is Very Important
The failures of the Colorado recreational marijuana industry demonstrate the need for a
well-designed system in California. Despite the protestations of some current industry
players, and contrary to the organization of some current recreationally legal states like
Colorado, the cannabis industry in California will utilize a three-tiered supply chain as
diagrammed below. The AUMA and the MMRSA both convey this logic, and Governor
Brown’s choice of former Alcohol Beverage Control deputy, Lori Ajax, to become head of
the BMC confirms this.
When designing this legal system, Californian lawmakers should look to the alcohol
industry as a guideline due to multiple parallels. The alcohol distribution system begins
when the manufacturer delivers his product to the distributor’s warehouse. Upon arrival,
the batch is paid for and stored in the warehouse as inventory. Then, portions of the
inventory are sorted per retail establishment, loaded onto trucks and delivered on a weekly
basis to each restaurant, bar, arena or liquor store. The distributor’s delivery personnel fill
their trucks and drive their routes. The distributor’s salespeople visit each outlet weekly to
take inventory, get the new week’s orders, merchandise the shelves and pick up payment.
The distributor collects the excise taxes that the retailer owes to the state each month, and
interestingly, he also collects taxes on behalf of the manufacturer and becomes the sole
payer of excise tax in the system. Thus, in the alcohol industry the State of California only
needs to manage tax collection from a few dozen sources.
Focus on Distribution
For the past fifty years or so the distribution of marijuana has been the most secretive part
of an opaque system. Given this, along with the fact that most of the states that legalized
recreational marijuana did so unsystematically, there is very little history to show us how it
will work. What is obvious is that the overwhelming number of edge operators (small
cultivators and small retailers) inherent in California’s legal cannabis industry will require
a choke-point in order for the system to function properly. Hence, lawmakers should focus
on designing a strong distribution system to serve as the foundation. As is the case in the
alcohol industry, we believe this will result in a few well-capitalized and sophisticated
statewide distributors who can perform the following functions vital to the success of the
system:
7. 1. Collect taxes on behalf of the BOE
2. Provide capital and take ownership of product
3. Store and warehouse product
4. Truck and deliver product to retail stores
5. Merchandise product at stores
6. Provide fair, rules-based access to the retail channel for small manufacturers
7. Monitor and ensure the testing of products for pesticides
8. Monitor and ensure the testing of products for efficacy and proper labeling
9. Maintain wholesale pricing in the system
There are still many questions to be answered about the structure of the distribution
system. Should California require mandatory independent distribution? Should distribution
be statewide or regional? Should there be many small distributors, or a few large ones? The
answers to many of these questions lie in the failures of Colorado, and working examples
set by other industries. Some other questions require modeling and further study.
VI. Likely Outcome
Similar to Alcohol
Marijuana will mirror Alcohol due to multiple similarities. Alcohol is populated by several
dominant mainstream brands and hundreds of highly profitable specialty brands. We
believe the same will be true of the marijuana industry - with consumers choosing brands
based on similar criteria they use to select their alcohol favorites.
Due to the size limits inherent in AUMA’s licensing scheme, small retail and cultivation
operators will dominate California’s marijuana industry. In a system that is so atomized on
its edges (Manufacturing and Retail), both of these segments will ultimately contain tens of
thousands of licensed operators who will need to connect with each other to do business.
In many regulated businesses including alcohol, the government has understood the value
of having a small number of sophisticated and well-capitalized players to help it control the
system. Wine & liquor distribution in California is dominated by the two-company
oligopoly of Southern Wine & Spirits and Young’s Market. Beer is distributed on a county-
by-county basis, and each county in California has its own two-company oligopoly of an
Anheuser Busch distributor and a Miller-Coors distributor. Most other states in the US
operate their alcohol industry in the same fashion.