Marillionaire
7年前
MMJJF owns 55 million shares of Harvest One HRVFF The Canadian Co currently trading at .95 cents
Harvest One Converts all Outstanding Debentures to Ordinary Shares and Maintains $80m Cash Position
APRIL 5, 2018
Harvest One Cannabis Inc. (TSXV:HVT) ("Harvest One" or the "Company") is pleased to announce that, further to the Company’s news release dated February 23rd, 2018, all the outstanding debentures have been converted into common shares of Harvest One. As a result, the Company currently has 154,952,498 common shares outstanding with no debt. Harvest One has a robust cash position of approximately $80 million representing approximately $0.52 per share.
“By converting our remaining debentures, our balance sheet is now completely debt free and provides us with additional interest savings," stated Andreas Gedeon, CEO of Harvest One. “Considering the recent market correction and the corresponding decline in our share price, we see our current cash position as a significant strength and are confident that the Company is well positioned to fully execute on our planned initiatives both in Canada and internationally.”
DGStocks
7年前
Bernie Sanders Backs Bill To Punish States With Harsh Marijuana Laws
Several potential rival presidential candidates are teaming up on legislation to end the federal war on marijuana.
On Thursday, U.S. Sen. Bernie Sanders (I-VT) is signing on as a co-sponsor of the Marijuana Justice Act, introduced last year by Sen. Cory Booker (D-NJ).
Many political observers expect that Booker and Sanders will compete for the Democratic presidential nomination in 2020. Sen. Kirsten Gillibrand (D-NY), another rumored contender, is also a co-sponsor of the bill.
Although the three senators may be just months away from the start of a hard-fought political nominating contest, they are linking arms in support of the most far-reaching cannabis reform bill ever to have been filed in Congress.
"Leaders in the Democratic Party are increasingly recognizing that leading the charge on legalization is not only good policy, but good politics," Justin Strekal, political director of NORML, said in an interview. "The constituencies which the party claims to stand for are the ones who have most felt the weight of prohibition and the lifelong consequences of prohibition."
The Marijuana Justice Act, if passed, would not only remove marijuana from the Controlled Substances Act so that states could legalize without federal interference, but would also withhold funding from states that maintain criminalization and continue to have racially disproportionate arrest and incarceration rates for cannabis.
Bernie Sanders
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@SenSanders
We are spending $80 billion locking people up. Think about what it would mean if we invested that money in our people instead of more jails
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https://www.forbes.com/sites/tomangell/2018/04/19/bernie-sanders-backs-bill-to-punish-states-with-bad-marijuana-laws/#5389a90729d0[/url][tag]insert-text-here[/tag]