III

SPAC_Time

>RMG warrants down 80%+ this morning. ??? RMGC and RMGCW were [delisted by NASDAQ at close on April 22](https://www.businesswire.com/news/home/20240422615412/en/RMG-Acquisition-Corp.-III-Announces-Delisting-from-Nasdaq), and haven't been approved for listing on the OTC market yet, so not sure where you are seeing that quote. Maybe that was last sale price on April 22.

EternisedDragon

Based on their e-mail responses, they (among more) are with me on this issue: Prof. David Pearce, Prof. Dr. Kent A. Peacock, Prof. Dr. Greg Matloff, Dr. Anthony Milligan, Prof. Joanne Irene Gabrynowicz, Prof. Armel Kerrest, Prof. Preda Mihailescu, Dr. Jonathan H. Jiang, Prof. Dr. Philip Kotler, Michael Weinold, Dr. Julian Baggini, Bill Kitchen, Dr. Margaret Race, Paul Gilster, Prof. Dr. Tyler Cowen, Prof. Dr. Christopher E. Mason, Asher Soryl, B.A. Kevin Weller, Prof. Dr. Michael Schetsche, Prof. Vishaan Chakrabarti, Prof. Paula Casal, Robert Miles, Brian Tomasik, Isaac Brown, Dr. Scott Keating, Prof. Dr. Jacob Livingston Slosser, Jaroslav Jirík, David Lillis, Prof. Dr. David Christian, Mark J. Maharaj, Prof. Dr. Bill Schneider, Prof. Dr. Michael Reiss, Prof. Dr. Jim Olds, Jack Hancock, Erika Nesvold, Prof. Dr. Betül Kaçar, Prof. David Christian, Tim Ventura, Dr. Egbert Edelbroek, William Green, Marcus Chown, Maria Koskela, Catalina Sparleanu, Richard Wegscheider, Jenny Rompas, Mario Livio, Lena Halounova, M.Sc. Mariska Bosschart, Prof. Dr. Holmes Rolston III, Prof. Dr. Mary-Jane Rubenstein, Prof. Jin Zhouying, Max Theissen, Fin Moorhouse, Prof. Terence Barker, Rizacan Ciloglu, Volker Ossenkopf-Okada, José Miguel Rodriguez Espinosa, Franco Giovannelli, Vojtech Rusin, Amaury de Kertanguy, Alexa Stathakis, Volker W. Thürey, John Penrose, Teresa Mendes, Dr. Marie Francoise A. Ada, MoonXcribe, Katie &, ABIBOO, David Brin, Eugene F. Milone, potholer54, Prof. Satish Chitneni, Prof. Dr. Roger Crisp, William McCrary, Prof. Ian Crawford, Prof. Dr. Dirk Schulze-Makuch, Janne Heilala, Angella Fernando

Altruistic-Sense-593

But but muh World War III oil shock inflation rate hikes 🐻

ApostleThirteen

Meth is also a prescription drug, schedule III.

Business_Cheetah_737

So schedule III or SAFE first?

SirSteyr

In many orgs, there can be 7 levels to technical specialist roles which keeps the career treadmill going. Example: (Type) Engineer: I, II, III, IV, Senior, Staff, and Principal. You can hit all these roles without having direct reports. Unfortunately, outside tech, the compensation boosts across these roles might literally only be $50k - $60k despite the years it takes to climb that ladders. Whereas going from Technical Lead, Engineering Manager, Senior Manager, and Department VP might have a spread $300k. ^^Again ^^for ^^a ^^non-tech, ^^manufacturing ^^environment. ^^Tech ^^can ^^have ^^much ^^higher ^^baselines.

mealucra

Happy 420 everyone 🎄 Let's HOPE  for a SAFER CLIMB via uplist after SCH. III ✌️

SPAC_Time

[RMG Acquisition Corp. III Announces Cancellation of Dissolution](https://www.businesswire.com/news/home/20240419261410/en/RMG-Acquisition-Corp.-III-Announces-Cancellation-of-Dissolution/)

tmgarlauskas

WW III won’t be in the Middle East. It will start in the Indo Pacific region. Have the “I told you so” buttons ready to go. 😑

SmilingCowDog

WW III started in February 2022

bombayblue

I just want to tell everyone here that if you think the Middle East is “crazy” right now, wait till you hear what happened in 1956, 1966, 1973, 1985, 1991, 2003, and 2011. Every decade there is a big war in the Middle East and it almost always involves the global superpowers trying to descalate it. If you think the Middle East is gonna cause World War III then you need to get off the internet and read a book about how each war in the Middle East actually got resolved.

rednoise

There was not a high risk; the market pumped up after Iran released their statement saying, "We'd consider this a closed matter of Israel doesn't retaliate." The US government and Europe have been working for the last week to convince Netanyahu to back down, and up until yesterday, when Cameron telegraphed it, it wasn't at all clear over whether Israel was going actually strike. While it's not a total surprise, there was quite a bit of hope that Israel was going to be level headed about what happened. Turns out they weren't. And, no, this isn't any of those things; it has the potential to be much worse. Two nuclear powers are now engaged in a direct conflict, and they both have alliances that include super nuclear powers behind them which have promised varying levels of defense. There's not going to be an official declaration of world war III, but this is as close as you're going to get.

wayfarer8888

Look up second Taiwan Strait crisis. China can't even take Kinmen Islands, and US has Taiwan's back. For China a war would be suicide, an oil embargo would shut down the entire country quickly. They cannot pull off an invasion quickly because Taiwanese forces on the Penghu archipelago operate long-range radar plus Hsiung Feng II anti-ship cruise missiles and Sky Bow III surface-to-air missiles. Also, a TSMC fab without the specialists and supply chain is worthless to China, the island has no natural resources so not really worth the effort. Taiwan doesn't even need nukes, in theory they could destroy the Three Gorge Dam with some bunker buster style cruise missiles and that would be catastrophic, up to 400 million people live downstream. tl;dr Seizing fabs not reasonable.

jeopardy_loser

This is the plot of Back to the Future III

agedoak31

That sounds like a false promise for the next term. He can’t even get schedule III finalized yet.

dei1234

MJ ➡️ Schedule III is a done deal

RandomGenerator_1

Nancy Whiteman, co-founder of Wana Brands, one of the most recognizable cannabis brands in the industry, will be stepping down from her day-to-day role as CEO at the end of May, the company announced April 16. https://www.cannabisbusinesstimes.com/news/nancy-whiteman-stepping-down-ceo-wana-brands/#:~:text=The%20co%2Dfounder%20of%20one,at%20the%20end%20of%20May. So in light of CGC's Special meeting results: "Added Klein, “Buoyed by recent comments from the President and the Vice-President, Canopy Growth continues to be cautiously optimistic that cannabis will be moved to Schedule III in the near-term. Following this, we expect an immediate enhancement to the cashflow of Wana, Jetty, and Acreage resulting from the removal of the prohibition on business deductions in Section 280 which we expect to help power their growth.” Are they really expecting action soon?

Valkanaa

Hey now, the original xbox ran on a Pentium III. /s

gloomyglooom

# “I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.” # ― Albert Einstein If you aren't YOLOing into sticks and stones, I don't know what to tell you

kirkegaarr

It's unwinding Friday's flight to safety because WW III has been postponed

i_simp_f

I cheer for World War III because society is gay

Solid-Geologist-8675

No market rally tomorrow world war III canceled at the moment.

InfluencePlane7061

HeliumOne Global Update... (HLOGF) / (HE1) "We are very pleased to be advancing into this next stage of the Rukwa Project - Phase III. Whilst we are preparing for the next operational phase, which includes the EWT at Itumbula West-1, we are growing the team to deliver the large amount of work that is continuing in the background and that will enable us to progress the project as quickly as possible". Things starting to move 😌

Str8truth

Iran gave plenty of warning and knew that most of its drones and missiles would be shot down. It had to retaliate for domestic political reasons, and to discourage Israel from assassinating more Iranian generals, but the Iranian regime did not want to start World War III.

roloplex

All schedule 3 substances still have to go through FDA approval in order to be prescribed. In other words, every single strain / gummy etc. needs to be approved (and go through the approval process). Schedule III just means that they can now be tested in trials. Under Schedule I, you couldn't even do phase I trials under the NDA.

roloplex

There is a process which has to be followed. See https://en.wikipedia.org/wiki/New_Drug_Application See also: https://www.fda.gov/drugs/drug-approvals-and-databases/approved-drug-products-therapeutic-equivalence-evaluations-orange-book Particularly for something in schedule III, there will need to be trials etc. for each individual product.

PanicBuybeforeDump

Moving marijuana from Schedule I to Schedule III, without other legal changes, would not bring the state-legal medical or recreational marijuana industry into compliance with federal controlled substances law. With respect to medical marijuana, a key difference between placement in Schedule I and Schedule III is that substances in Schedule III have an accepted medical use and may lawfully be dispensed by prescription, while Substances in Schedule I cannot. However, prescription drugs must be approved by Congressional Research Service 3 the Food and Drug Administration (FDA). Although FDA has approved some drugs derived from or related to cannabis, marijuana itself is not an FDA-approved drug. Moreover, if one or more marijuana products obtained FDA approval, manufacturers and distributors would need to register with DEA and comply with regulatory requirements that apply to Schedule III substances in order to handle those products. Users of medical marijuana would need to obtain valid prescriptions for the substance from medical providers, subject to federal legal requirements that differ from existing state regulatory requirements for medical marijuana. Rescheduling marijuana would not affect the medical marijuana appropriations rider. Thus, so long as the current rider remains in effect, participants in the state-legal medical marijuana industry who comply with state law would be shielded from federal prosecution. If the rider were to lapse or be repealed, these persons would again be subject to prosecution at the discretion of DOJ. With respect to the manufacture, distribution, and possession of recreational marijuana, if marijuana were moved to Schedule III, such activities would remain illegal under federal law and potentially subject to federal prosecution regardless of their status under state law. Some criminal penalties for CSA violations depend on the schedule in which a substance is classified. If marijuana were moved to Schedule III, applicable penalties for some offenses would be reduced. However, CSA penalties that apply to activities involving marijuana specifically, such as the quantity based mandatory minimum sentences discussed above, would not change as a result of rescheduling. DEA is not required to set annual production quotas for Schedule III controlled substances. The prohibition on business deductions in Section 280E of the Internal Revenue Code applies to any trade or business that “consists of trafficking in controlled substances (within the meaning of schedule I and II of the Controlled Substances Act) which is prohibited by Federal law or the law of any State in which such trade or business is conducted.” Because the provision applies only to activities involving substances in Schedule I or II, moving marijuana from Schedule I to Schedule III would allow marijuana businesses to deduct business expenses on federal tax filings. Other collateral legal consequences would continue to attach to unauthorized marijuana-related activities. [Legal Consequences of Rescheduling Marijuana (congress.gov)](https://crsreports.congress.gov/product/pdf/LSB/LSB11105)

262Chief

Getting information from the horses mouth would be an expert opinion. US Operators themselves acknowledge and note the resched risk factors in various regulatory filings..... "The concepts of “medical cannabis,” “retail cannabis” and “adult-use cannabis” do not exist under U.S. federal law." "Nonetheless, **even if moved to Schedule III, the cultivation, manufacture, distribution, and sale of cannabis by state-regulated businesses that do not produce or sell FDA regulated products remains illegal under federal law.** Unless and until the United States Congress amends the CSA with respect to cannabis, there is a risk that federal authorities may enforce current U.S. federal law. Currently, in the absence of uniform federal guidance, enforcement priorities are determined by respective United States Attorneys." "The re-classification of cannabis or changes in U.S. controlled substance laws and regulations could have a material adverse effect on our business, financial condition, and results of operations....As a result of such a re-classification, the manufacture, importation, exportation, domestic distribution, storage, sale and use of such products could become subject to a significant degree of regulation by the United States Drug Enforcement Administration, or DEA." "Potential regulation by the FDA could have a material adverse effect on our business, financial condition and results of operations." Note: these statements would have been reviewed by in house legal.

donotfire

My question is what if World War III happened and the stock market truly did not bounce back, like in World War II?

donotfire

My question is what if World War III happened and the stock market truly did not bounce back, like in World War II?

Gadshill

At least 78 predictions of World War III.

sporks_and_forks

by the end of this we may very well just go back to using sea shells as currency. we might even go to war with the sea again and collect some for a triumphant parade. imagine having to use four donkeys to haul enough sea shells to market just to exchange 'em for a fifth one. sorry maxis, but like hell you'll be able to exchange your corn for shells in such a time. forget about it. > I do not know with what weapons World War III will be fought, but World War IV will be fought with sticks and stones. - Paul Volcker

torntrainer

Annual Iran catalysed World War III fears followed by nothing happening

talktothepope

That doesn't really work because there's no recreational market for Xanax (for example). I mean there obvious is, but it's illegal. MJ is unique because there is already a quasi-legal market, and accepted medical purposes. Like, there's no state that has legalized Xanax so you can buy it at the Benzo store lol. Anyways, I think we might have been overstating the importance of Schedule III, not from a business purpose but as a social purpose. As long as the government, via a renewed Cole Memo, tells people that they are not in the business of regulation weed, then no one will get arrested on a federal level. Full vs bifurcated doesn't really make much of a difference re: enforcement as far as I can tell.

talktothepope

I mean, is there a recreational market for any other scheduled drug? I don't think so. Weed is exceptional. And yeah, by definition, if something is being used "recreationally" then it has no medical purpose. Realistically, it doesn't mean much. It's not as bullish for the finances of LP as full Schedule III, but the gov't isn't going to start cracking down on weed regardless. And the Cole Memo 2.0 (aka Garland Memo) will further set that into stone. Alcohol is an interesting comparable, but Single Convention BS makes it unlikely/impossible for the DEA to deschedule currently. And alcohol has no real medical benefits (even "glass a day" BS is out of favour now) so that is not a real comparable (no real reason to have a bifurcated scheduling)

talktothepope

Yup, it was a fair point. I don't even think "bifurcation" is a super bearish thing, just not as bullish as what people were hoping for. And let's be real. There has been no real federal enforcement of marijuana prohibition for some time. A bifurcation, where Schedule III only applies to medical, does not mean that the feds are going to get back into the business of busting people for possession, or even for running massive MSOs generating billions in revenues, etc. The "social justice" case for a full Schedule III is pretty weak. This is now my thinking of how things will go. 1. Soon - bifurcated rescheduling. Good news overall but market is whelmed. 2. Election campaign - Executive branch touts the achievement (it is an achievement) and promises to work to remove weed from the Single Convention, which could allow for a full descheduling/alcohol style excise tax system. 3. After election - Back to soon Hopefully in the middle: SAFER Banking

PanicBuybeforeDump

The prohibition on business deductions in Section 280E of the Internal Revenue Code applies to any trade or business that “consists of trafficking in controlled substances (within the meaning of schedule I and II of the Controlled Substances Act) which is prohibited by Federal law or the law of any State in which such trade or business is conducted.” Because the provision applies only to activities involving substances in Schedule I or II, moving marijuana from Schedule I to Schedule III would allow marijuana businesses to deduct business expenses on federal tax filings. Other collateral legal consequences would continue to attach to unauthorized marijuana-related activities. [Legal Consequences of Rescheduling Marijuana (congress.gov)](https://crsreports.congress.gov/product/pdf/LSB/LSB11105)

PanicBuybeforeDump

the Food and Drug Administration (FDA). Although FDA has approved some drugs derived from or related to cannabis, marijuana itself is not an FDA-approved drug. Moreover, if one or more marijuana products obtained FDA approval, manufacturers and distributors would need to register with DEA and comply with regulatory requirements that apply to Schedule III substances in order to handle those products. Users of medical marijuana would need to obtain valid prescriptions for the substance from medical providers, subject to federal legal requirements that differ from existing state regulatory requirements for medical marijuana. Rescheduling marijuana would not affect the medical marijuana appropriations rider. Thus, so long as the current rider remains in effect, participants in the state-legal medical marijuana industry who comply with state law would be shielded from federal prosecution. If the rider were to lapse or be repealed, these persons would again be subject to prosecution at the discretion of DOJ. With respect to the manufacture, distribution, and possession of recreational marijuana, if marijuana were moved to Schedule III, such activities would remain illegal under federal law and potentially subject to federal prosecution regardless of their status under state law. Some criminal penalties for CSA violations depend on the schedule in which a substance is classified.

PanicBuybeforeDump

The prohibition on business deductions in Section 280E of the Internal Revenue Code applies to any trade or business that “consists of trafficking in controlled substances (within the meaning of schedule I and II of the Controlled Substances Act) which is prohibited by Federal law or the law of any State in which such trade or business is conducted.” Because the provision applies only to activities involving substances in Schedule I or II, moving marijuana from Schedule I to Schedule III would allow marijuana businesses to deduct business expenses on federal tax filings. Other collateral legal consequences would continue to attach to unauthorized marijuana-related activities.

PanicBuybeforeDump

The prohibition on business deductions in Section 280E of the Internal Revenue Code applies to any trade or business that “consists of trafficking in controlled substances (within the meaning of schedule I and II of the Controlled Substances Act) which is prohibited by Federal law or the law of any State in which such trade or business is conducted.” Because the provision applies only to activities involving substances in Schedule I or II, moving marijuana from Schedule I to Schedule III would allow marijuana businesses to deduct business expenses on federal tax filings. Other collateral legal consequences would continue to attach to unauthorized marijuana-related activities. [Legal Consequences of Rescheduling Marijuana (congress.gov)](https://crsreports.congress.gov/product/pdf/LSB/LSB11105)

talktothepope

You realize that Canada is not a US State and that excise tax revision is basically equivalent to Schedule III tax savings right

ApostleThirteen

The sooner any rescheduling (Schedule III) occurs, the worse it is for MSOs, and except for state laws, small caregivers and craft growers will be effectively cut off from supplying patients. The FDA standard (much like the rest of the med weed world) REQUIRES cGMP manufacturing facilities. MSOs haven't needed to meet any requirements other than state ones, and now they'll be required to have the facilities and equipment to meet that goal. It also means retraining, or massive industry hiring of the tech-capable employees that work such facilities - It's going to get more "pharma-like", go past simple agriculture to a biotech-type of business. Such is "real" medicine. But, let's "imagine tomorrow"... I see HUGE amounts of Canadian weed coming to the US until a lot of new facilities are able to be funded, built, certified, and operating... the kinds of facilities IIPR aren't going to be willing to touch.

proret4rd

World War III baby

GUISHE_CVAS

The ratio used by banks and enforced by regulators that follow Basel III is the TIER 1 ratio

noobstockinvestor

People here always ask why I buy LPs instead of buying only MSOs. Pablo's recent report put that into words for me. (My portfolio is currently 45% LPs and 55% MSOS) "Net, we think we will see progress this year (we prefer the incremental approach), with medical cannabis rescheduling only. To us this is a significant step forward for the industry, but it may not be what investors have been expecting. Bifurcation: Med vs. Rec. On the same subject of DEA timing and the FDA role, he distinguished between medical and recreational cannabis (note: recall the conventional wisdom narrative says that cannabis is not bifurcated in Schedule I, so it will not be bifurcated in Schedule III; we disagree with that view). He said, “medical cannabis is one thing when used for proven medical pathways, but then if it is used for recreational purposes there are no medical benefits in that case, and it does not fall into the typical FDA purview of regulations”. In our interpretation, this would mean then that only medical cannabis can be rescheduled and not rec. So, 280e would only go away for med, but not rec (unless rec is de-scheduled at the federal level)" // With LPs, tax reform could be simply done through the budget and not as an act of congress or our version of the DEA. If Pablo's thesis ends up being correct, companies like Trulieve will benefit (mostly medical sales) and LPs will benefit because they can enter the US medical market. Pablo: In the meantime, we continue to believe the DEA may decide to only reschedule medical cannabis (thus legalizing it at the federal level), while rec cannabis will be left to the states, until someday in the future “Congress acts”. I've structured my portfolio to hedge the risk of many different outcomes, not just for the bull case we're all hoping for. Its another reason why Trulieve is one of my largest MSO holdings. The pending Boise lawsuit will be important but there's just too much uncertainty regarding 280E on rec sales to be 100% msos. Legalization of medical will be pure upside for LPs and more price compression for msos.

RandomGenerator_1

Let’s imagine that, tomorrow, marijuana is rescheduled under Schedule III. Initially, medical-use businesses may be at a competitive advantage. As the CRS has observed: “The scope of and demand for FDA oversight for medical marijuana and related products may grow considerably.” With FDA approval, a business could register with the DEA and comply with its regulatory requirements for Schedule III substances, which would allow marijuana to be dispensed to patients (and caregivers). The business likely would also comply with state rules that are not in conflict with federal rules. Moreover, the business will be able to operate more like a traditional business. Business owners will have more options for financial and other services necessary to operating. They will engage in interstate commerce — buying and selling marijuana and marijuana products across state lines and registering federal trademarks. Relatedly, health care providers and medical-use patients will have increased access to marijuana. With approval from federal and state regulators (and malpractice insurers), providers could prescribe marijuana https://rilawyersweekly.com/blog/2024/04/08/what-to-expect-if-when-marijuana-is-rescheduled-or-de-scheduled-under-controlled-substances-act/ Soon.

talktothepope

"Commemorating the 10-year anniversary of the 2014 Clemency Initiative and honoring those who have received second chances through clemency" Total nothing burger. I mean they're even telling us what it's about. The DEA is not going to be like "surprise, Schedule III!!"

LookAtMeImInAGang

Who remembers five days ago when everyone thought Iran was going to start World War III?

GirlGenius26

Great actually! I only bought another 180 shares on the run-up because the price was getting too high! Now that it’s back to $2 I’m going to try to hit 20,000 shares before SAFER BANKING and SCHEDULE III 🚀🚀🌕 [15,600 TLRY shares! 🚀🚀🌕](https://imgur.com/gallery/zz5R0i7)

Jumpy-Tale2697

No idea… But again on FYI… Class III or class 3 milk price is how farmers are paid for their milk… So all the rest of the list or the board connects and directs to the prices of cheese and butter and stuff that isn’t just “farmer” pay. At the end of the day… I find this all to be a fools errand and that is mainly because the USA is a net exporter of dairy products as a whole buy a super shit load… and if our supply chain gets a tick out of whack we just adjust the chain, same way you discussed with your birds and bird shit Milk margins are shrinking due to rising costs of the inputs at the farm level and the lowering demand because the pinched as fuck consumer…. When the shit of any species hits the fan…. Mostly humans in the near term all the regards will slow buying the fancy fucking yogurts and it all won’t matter I stand by my statement…. Milk ain’t it … Milk will sour before you profit going long on it going BOOM moon boots

talktothepope

How is Schedule III not doing shit?

mealucra

If we reach November 5th with no SAFER, Sch. III or CAOA, I will be so disappointed... ⏳

juggarjew

I dont think that, I think he does want to reschedule it to a Schedule III drug, i.e. on the same level as Xanax. You cant have Xanax without a prescription so weed would be the same, so still illegal on its own. However, this would open the floodgates for medical marijuana being recognized federally (and legally) and allow banks to safely deal with money involved with weed. This is what the Biden admin wants, and if they get their way, stocks like TLRY will explode overnight.

animositisomina35

Bears were rooting for World War III so they could make $50 

animositisomina35

Bears screeched about World War III all weekend. The result: SPY up .25%

scoobydoogummy

Martin Cabello III

KCGuy59

It would be the beginning of World War III. The markets would plummet.

ringingbells

**Primary Sources:** --- ( 1 ) **SEC GameStop Report** - https://pdfhost.io/v/0S7RFa0c._Staff_Report_on_Equity_and_Options_Market_Structure_Conditions_in_Early_2021 ( 2 ) **'U.S. House Committee on Financial Services Report** On 'MemeStocks' - Released Friday June 24, 2022 (138 pages) - [**Images Version**](https://imgur.com/gallery/l8QoOCr#CKo1kKf) - [**PDF** Version](https://pdfhost.io/v/RY~4XTLej_GameStopped) - [Press Release](https://democrats-financialservices.house.gov/news/documentsingle.aspx?DocumentID=409578) ( 3 ) **GameStop Congressional Hearings** * [**Part I: 'MemeStocks' Congressional Hearing** February 18, 2021 - 5:34:29]() --US congressional link not allowed on r/stockmarket-- * [**Part II: 'MemeStocks' Congressional Hearing** March 17, 2021 - 4:37:06]() --US congressional link not allowed on r/stockmarket-- * [**Part III: 'MemeStocks' Congressional Hearing** May 6, 2021 - 4:07:58]() --US congressional link not allowed on r/stockmarket-- ( 4 ) **SEC Archives** - Northern Star Apex Merger - https://www.sec.gov/Archives/edgar/data/1834518/000119312521169589/d121216ds4a.htm)

jackperitas

WWIII already started But it's all good, rocky III, Rambo III were good, so logically WWIII will be good, a little bitvof struggle, a training montage, then whooping asses.

AmiaCalva7

Some details about the CRA activities from the CCAA documents. CRA is is really starting to crackdown. Looks like Oct 24th this year they increase the pressure on the payment plans as well. Assuming they rolled out these measures at the same time for all the companies in arrears. 39. Based on their books and records, the Applicants owed an estimated $1.6 million to the CRA in respect of GST/HST obligations (the “GST/HST Arrears”), of which $1.5 million is owed by Heritage West and $0.1 million is owed by Heritage East. The Proposed Monitor understands the other Applicants are current on GST/HST remittances. 40. As noted in the Schwede Affidavit, on or about March 12, 2024 the CRA issued Requirement to Pay notices to one of the Applicants’ customers, BC Liquor Distribution Branch, requiring it to send 40% of any money that would either be payable to Heritage East or Heritage West, as applicable, to the CRA on account of the GST/HST Arrears. 43. As per the Debtors’ books and records, the Applicants’ unsecured liabilities as of March 28, 2024 totalled approximately $17.2 million, of which approximately $11.8 million was owed to CRA on account of unremitted excise taxes collected by Heritage East and Heritage West pursuant to the Excise Act. The Proposed Monitor understands the remaining amounts are owed to (i) Merida Capital Partners III LP and Merida Capital Partners IV LP, pursuant to certain unsecured loans advanced to Heritage ($2.6 million), and (ii) trade creditors ($2.8 million), including $0.3 million owing to Health Canada in respect of 2023 annual license fees for the Health Canada Licenses for which Heritage East and Heritage West have entered into payment instalment agreements. 44. As detailed in the Schwede Affidavit, Heritage East and Heritage West entered into repayment plans with CRA pursuant to which Heritage East and Heritage West agreed to make monthly payments to repay the entire excise tax arrears over a specified period of time. The scheduled payments commenced on or about October 1, 2023 at approximately $270,000 in aggregate per month and escalate over the repayment period. Absent this payment arrangement with the CRA that deferred the payment of excise tax arrears into installments, the Applicants would not have had the liquidity to operate in the ordinary course. The Proposed Monitor understands that Heritage East and Heritage West have made all scheduled payments to CRA under the excise tax payment arrangement through to March 1, 2024. 45. The Debtors’ excise tax payments to CRA are expected to increase substantially in the future because, among other things, the amortized monthly payments being made in respect of excise tax arrears under the aforementioned payment arrangement will increase from $270,000 per month to approximately $620,000 by October 2024 (and will further increase thereafter).

BFox1982

World War III likely to start today. Fucking Bullish.

quiksilverr87

Wait until everyone goes quiet and they go sideways for a week or so. Then buy in. This will be your YOLO play if the DEA decides to change to schedule III

NebulaicCereal

You mean for operation and/or maintenance or what? I’m confused, unless I’m missing something (which is possible). Northrop Grumman is developing the new missile fleet. It’s a separate program from the previous minuteman system and only maintains compatibility with the silos and portions of the launch systems, I believe, and is focused on a more modular design. Or you are talking about Northrop subbing out to Boeing for development of Minuteman III? Because if so then I guess. But Northrop is handling the brunt of the work as far as I’m aware. And any subbing to Boeing would be the same as it would for any other contract a la a company bidding as a sub for some subcomponent manufacturing or process development.

CFfunk

Buy $MSOS which is the ETF that holds American cannabis companies that will actually be the beneficiaries of a move to Schedule III and Safer Banking.

theduderino38

No one knows for sure but I’m hoping for above and beyond $15-$20 maybe more if we get Canadian tax reform and schedule III - and more expansion in Germany and EU

IndividualistAW

It would take time, but almost certainly for the medical market. Part of The definition of schedule III is that the drug has accepted medical use. It would take additional time for the FDA to work out the kinks of making MJ an officially approved medicine. But the stocks aren’t goin to wait for the kinks to get ironed out. As soon as the rescheduling happens it’s just a matter of time

Bostradomous

If weed is rescheduled from I to III that would mean the financial restrictions on dispensaries will be lifted? Really? Can you provide source on that bc I’d like to read further

IndividualistAW

This is what rescheduling would accomplish and an announcement of rescheduling from I to III is the best realistic hope for the short term. There’s realistic cause for hope such an announcement may come this month

NebulaicCereal

That is liable to change in time. Northrop Grumman has the contract to build the Minuteman III (LGM-35 Sentinel I think?) fleet to replace the Minuteman IIs.

-FLiGHT_RiSK-

Hold. Florida legalization will be on the ballot in November. And our own Dept of Health and Human Services is pushing the DEA to lower weeds classification to schedule III. Absolutely hold onto it. In ten years you’ll be very glad you did.

-FLiGHT_RiSK-

It’s also looking highly possible the DEA will bump weed down to a schedule III drug in the next year. Which would be massive. Even our own Dept of Health and Human Services is pushing for it. People have been saying it for years. And it may take twenty more, but eventually all those weed stocks are going hit in a massive way.

IndividualistAW

Correct. Right now MJ businesses cannot deduct legitimate business expenses as tax deductions. Even medicinal businesses that are legal under state law. Reschedule into sched III at least takes care of that for medical MJ

Montrea1er

“We do not see Germany’s progress having much impact on the DEA. Our thesis is we are witnessing a coordinated democratic effort to advance cannabis reform ahead of the election to mobilize and sway younger voters. We continue to believe it is unlikely that the head of the DEA (a Biden appointee) will go against the HHS recommendation in an election year. So, we remain optimistic that we’ll land on Schedule III, but do not see Germany as a major driver of US reform.” says Jesse Redmond, Managing Director, Water Tower Research."

slippymcdumpsalot42

Welcome aboard. Gemini-I has launched hence the pop this week. Gemini-II is set to launch late’24. Already paid the 2.6 mil for pre production mask. But the real money is in Gemini-III and is why I invested so much. GSIT can not and will not come up with the capital to fully develop G3. They will need to partner with a major hyperscaler. There is the gamble-if they get picked up by google or AWS or some other, then we moon, like 50-100x

Megaloman-_-

My end-of-2025 target price for Aurora is about $160-170. I think $20 is an optimistic target for end of July 2024, but not impossible. If (when) the DEA finally moves MJ to schedule III, there will be an uncontrollable squeeze, that alone may give you 50 bucks of jump from whatever baseline.

slippymcdumpsalot42

Just introduced first server product with Gemini-I which is showing equivalent performance to NVDA A100. Gemini-II and III coming down the pipe. Once they are discovered market cap will go bananas

firsmode

- Donald Trump has filed a lawsuit against two co-founders of Trump Media & Technology Group Corp., Andy Litinsky and Wes Moss, alleging they set up the company improperly and are not entitled to their 8.6% stake valued at $606 million. - The lawsuit, filed on March 24 in Florida, accuses Litinsky and Moss of violating an agreement related to the company's setup, particularly failing to establish a proper corporate governance structure, launch the Truth Social platform effectively, and secure an appropriate merger partner. - This legal action is a counter to a previous lawsuit brought by Litinsky and Moss against Trump in Delaware over their promised shares in the social media company. - The stock of Trump Media experienced significant volatility, dropping 21% after disclosing a $58 million loss for 2023 but then rising 6.1% the following day. - Trump, owning 57% of Trump Media with a stake worth $4.02 billion on paper, stands to benefit financially from maintaining or increasing his share, especially as he faces substantial legal judgments. - The Delaware judge, Sam Glasscock III, opted not to expedite Litinsky and Moss's lawsuit after Trump's lawyers pledged to protect their share value, expressing surprise at Trump's separate Florida lawsuit, which could lead to sanctions against him in Delaware.

firsmode

Trump Sues Truth Social Company Co-Founders to Zero Them Out (1) Donald Trump has sued two co-founders of his newly public Trump Media & Technology Group Corp., claiming they set the company up improperly and shouldn’t get any stock in it. In the latest legal skirmish over who gets how much of the hot but flailing meme stock, Trump alleges that Andy Litinsky and Wes Moss violated an agreement about the setup and don’t deserve their 8.6% stake, currently valued at $606 million. The lawsuit, which was filed on March 24 in Florida state court and hasn’t previously been reported, comes after the pair brought their own suit against the former president in Delaware Chancery Court over their promised stake in the social media company. The legal fight is playing out amid wild swings in shares of Trump Media, which began trading last week after it merged with a special purpose acquisition company, known as a SPAC. The stock dropped 21% Monday after Trump Media disclosed in a securities filing a $58 million loss and a relative trickle of revenue for 2023, and reiterated a warning that it needed the money from the SPAC deal to keep operating. The stock was up 6.1% at $51.63 at 3:53 p.m. in New York on Tuesday.  A pedestrian takes a photo of a screen displaying Trump Media stock information in New York on March 26. Photographer: Yuki Iwamura/Bloomberg Trump claims Litinsky and Moss failed to properly set up the corporate governance structure of Trump Media, launch his Truth Social platform and find an appropriate merger partner. That failure hurt the company, he argues. He says they then “began ceaseless attempts to thwart” the blank check deal in the struggle for their respective stakes. In their own suit, the two say Trump was planning to seek millions of extra shares, diluting their stake. Lawyers for Litinsky and Moss didn’t return emails seeking comment on Trump’s suit. Read More: Trump’s Net Worth Drops $1 Billion as Social Media Firm Sinks Trump, the presumed Republican nominee in November’s presidential election, has seen his net worth soar due to his Trump Media stake, which he could ultimately use to pay off hundreds of millions of dollars in legal judgments against him — though he is currently unable to sell those shares for six months due to a lockup. Even with its slump, Trump Media currently has a market capitalization of $7.05 billion, and the larger his piece of it, the more money he could get. If the shares spiral, his payout would shrink. Trump owns 57% of the company, according to the filings with the US Securities and Exchange Commission, with his stake now worth $4.02 billion on paper. Read More: Keeping Up With the Trump Trials The Delaware judge, Sam Glasscock III, declined to fast-track Litinsky and Moss’s suit after Trump’s lawyers agreed to avoid lessening the value of their shares. But at a hearing Monday the pair told the judge they plan to seek an order barring the Florida suit from going forward while they litigate claims that Trump planned to target their stake all along. The judge said he was “gobsmacked” to learn of Trump’s Florida suit — which he filed instead of bringing counterclaims against the two in Glasscock’s own courtroom — and would consider possible sanctions against the former president in the Delaware case. The Florida case is Trump Media & Technology Group v. United Atlantic Ventures, Florida Circuit Court, 12th Judicial Circuit (Sarasota). (Adds current value of stake held by Litinsky and Moss in second paragraph and stock action in fifth.) --With assistance from Bailey Lipschultz. To contact the reporter on this story: Jef Feeley in Wilmington, Delaware at jfeeley@bloomberg.net To contact the editors responsible for this story: Misyrlena Egkolfopoulou at megkolfopoul@bloomberg.net Peter Jeffrey © 2024 Bloomberg L.P. All rights reserved. Used with permission. Continue Reading Learn About Bloomberg Law AI-powered legal analytics, workflow tools and premium legal & business news. Learn more Already a subscriber? Log in to keep reading or access research tools. Log In

noonmoon66

April fools part III tomorrow fellas 

creemeeseason

In all fairness, the first generation was really lame. It was the mark II and Mark III that really took off. Let's not forget the [Honda Insight ](https://www.caranddriver.com/reviews/a15136894/2000-honda-insight-long-term-road-test/). That was the proverbial fart in church and lead balloon combo.

More_Advertising_383

[Yeah, we all saw that coming.](https://www.marijuanamoment.net/congresswoman-tells-dea-to-reject-any-argument-that-marijuana-rescheduling-would-violate-international-treaties/) They’re why it’s even still illegal in the first place, big pharma bought and paid for cowardly pieces of shit. But that’s a bullshit reason and MSOS is up since they wrote that letter cause everyone knew they would and if anything, they wouldn’t write it unless their donors are scared and desperate. That letter is their Hail Mary cause they know it’s coming and overdue. This the same treaty that Canada and Germany and others have apparently not given a fuck about and legalized anyway? Didn’t seem to hurt them even a little. >Legal experts recently released an opinion that disputes that assessment. In fact, they argued that a move to Schedule III would better uphold the country’s broader obligations under international law to regulate cannabis in a way that protects public health and safety.

bananahammock699

Trump needs to get in touch with the G.O.A.T., Milton “Todd” AULT III.

FucktardSupreme

A friend of mine sent me this excerpt from the state budget of Kentucky. Kentucky, the deepest red of deep red states. The domain of Mitch McConnell, where medical MJ isn't even legal within the state. Where there is a Republican supermajority that can override the Governor.  My Take > "23 (4) Office of Medical Cannabis: Included in the above appropriations is $5,215,000 in General Fund and $2,906,200 in Restricted Funds in fiscal year 2024-2025 and $5,154,600 in General Fund and $1,986,200 in Restricted Funds in fiscal year 2025-2026 to support staffing and operations of the Office of Medical Cannabis. No funds shall become available until the Board of Physicians and Advisors, as defined in KRS HB000620, finds there is a propensity of peer-reviewed, published research with sufficient evidence as to the efficacy of medical cannabis for the persistent reduction of symptoms of diseases and conditions. The Office shall utilize Restricted Funds to the fullest extent possible before expending the General Fund moneys. Notwithstanding KRS 45.229, any portion of General Fund not expended for this purpose shall lapse to the Budget Reserve Trust Fund Account (KRS 48.705). Mandated reports shall be submitted pursuant to Part III, 24. of this Act." My Take: Schedule 3 is a done deal and the DEA is waiting for state legislatures to prepare themselves for the transition (because, after all, their main concern is law enforcement) and this has been communicated to the states. FYI, the vast majority of state legislatures are adjourned by June 1. So, if April doesn't materialize look for a very practical right-after-June-1 date

quiksilverr87

Weedstocks. The DEA is going to change the schedule from I to III soon

mr_molecular

Wanted to comment about the prospect of DEA rescheduling to II. I think it’s extremely doubtful they can reschedule to II, without first asking HHS to do a re-evaluation. When the DEA wanted to reschedule hydrocodone to schedule II from III, they asked HHS to do an evaluation. HHS recommended it stay in III. The DEA disagreed and asked HHS to do a re-evaluation. Later HHS agreed schedule II could be appropriate and changed their recommendation. All this to say, the DEA is not going to come out with a surprise reschedule directly to II.

stankpuss_69

Quadrant I: Sam giving a shoutout to WSB Quadrant II: Sam looking like a regard from WSB Quadrant III: Sam looking like a regard who just lost all his money in one trade Quadrant IV: Sam looking like a regard thinking about adding more money to try again

mealucra

Good catch. It only mentions Sch. III, multiple times... 🙏

Fuego1050

Wow your right ‘m!!! This is the actual text of what they sending to congress/potus … ps mother fuckers. From SAM: Amid rumors that marijuana will be reclassified as a Schedule III substance, I urge you to oppose marijuana rescheduling. Making marijuana a Schedule III drug not only violates our international treaty obligations, it runs against research. The science is clear: marijuana is addictive and it is not medicine. If marijuana becomes Schedule III, the Big Marijuana industry will receive a tax break that will allow them to mass commercialize high-potency THC. Further, our federal government would be asserting that marijuana is less addictive today than it ever has been. That couldn't be further from the truth. In fact, today's high-potency THC has an addiction rate of 30%.

noobstockinvestor

He added schedule 2 to mess with us. His exact text on his site: Amid rumors that marijuana will be reclassified as a Schedule III substance, I urge you to oppose marijuana rescheduling. Making marijuana a Schedule III drug not only violates our international treaty obligations, it runs against research. The science is clear: marijuana is addictive and it is not medicine. If marijuana becomes Schedule III, the Big Marijuana industry will receive a tax break that will allow them to mass commercialize high-potency THC. Further, our federal government would be asserting that marijuana is less addictive today than it ever has been. That couldn't be further from the truth. In fact, today's high-potency THC has an addiction rate of 30%. I urge you to your authority to oppose and stop marijuana rescheduling. The safety of our kids and communities are at stake.

GeoLogic23

"....reschedule marijuana **imminently** to Schedule II or III today, **or soon**." SAM knows the lingo at least

livefromheaven

Saw this on Twitter from SAM https://votervoice.net/SAM/campaigns/111246/respond "We are hearing multiple rumors that the Drug Enforcement Administration (DEA) could reschedule marijuana imminently to Schedule II or III today, or soon. Regardless of what decision may occur and the fact that we think any scheduling change is wrong, we want to be clear: This does not mean marijuana is legalized. Marijuana will remain fully illegal under this recommendation. But regrettably, if implemented, this move would give Big Marijuana billions in tax write-offs as well as continued normalization in the public eye. This is why we must stand up today and make our voices heard. Be ready to fight. We need you to write your Representatives, Senators, and the President here to tell them this is a bad idea!"

DEASqueezeAllComing

I got baited again, I was thinking this was schedule III announcement, he already said these things at his SOTU speech , come on man. I really hope this is not the new "Soon" "Imminent" joke

FruitnVeggie

Based on what Boris Jordan (CEO of Curaleaf) and others have said, if the rescheduling goes through formal rulemaking procedure (which includes a comment period), then the announcement would need to occur in April or May, otherwise there will not be enough time for the rescheduling to be completed before the election. But if the DEA issues a final order then there will be no comment period and the DEA can make the announcement anytime. Doug Kass (a hedge fund manager) said he heard rumors that the treaty issue has been resolved favourably and "*that the US Drug Enforcement Administration will shortly approve a rescheduling of cannabis to Schedule III*". Matt Laslo (a reporter) asked Senator Cory Booker about a April 15th DEA announcement rumor. Laslo asked if the date was close and Booker laughed and replied 'warm'. Then on top of all that, April 20th is coming up and the White House briefing about April being 'Second Chance' month that came out today.. my guess (my hope.. ) is that it'll happen in April. [https://twitter.com/DougKass/status/1768553862430949643](https://twitter.com/DougKass/status/1768553862430949643) [https://www.askapol.com/p/cory-booker-on-dea-rescheduling-marijuana?utm\_campaign=post&utm\_medium=web](https://www.askapol.com/p/cory-booker-on-dea-rescheduling-marijuana?utm_campaign=post&utm_medium=web) [https://www.whitehouse.gov/briefing-room/presidential-actions/2024/03/29/a-proclamation-on-second-chance-month-2024/#:\~:text=NOW%2C](https://www.whitehouse.gov/briefing-room/presidential-actions/2024/03/29/a-proclamation-on-second-chance-month-2024/#:~:text=NOW%2C) THEREFORE%2C I%2C JOSEPH,2024 as Second Chance Month.

nopenope12345678910

You don’t have skin folds anywhere close to the obese cut off. So I’m gonna go with no, not all obese people have those issues. Now if you push it past obesity III you might be on to something.

ApostleThirteen

I think it will depend on what form the THC takes in the prescribed medicine. Like nabiximol and vape stuff. When it's Sched III, states can implement their own "medical" laws without legalizing raw cannabis or smoking. I guess that's where pharma comes in and buys a cannabis company, or just does their usual business.

More_Advertising_383

That the DEA is accepting official HHS (and FDA’s) recommendations to move cannabis from Schedule I to schedule III, effectively eliminating tax code 280(e) so companies can deduct expenses immediately turning some bigger names to profitable. That’s a big catalyst, Germany/Florida legalizing is a small to medium catalyst, and then if congress passes the SAFER banking act later this year (which the American Banking Association just published a poll saying an overwhelming majority of Americans support it) then we’re mooning. Fun fact: Bank of America, Mastercard, CBOE, and Merrill Lynch are among those lobbying for the banking act.

kfun123

>Unload or take out a loan? The lock-up agreement prevents not just the outright sale of his shares but pretty much any attempt to lend them, use them as collateral, or hypothecate them in any way. The thing is considering who is on the board of TMTG I don't doubt that they would waive or modify the agreement (which they can do as long as Don Jr. recuses himself from the vote) to get Trump access to cash if he really wants to go the pump-and-dump route with these shares prior to 6 months. >1. Lock-Up Provisions. >(a)  Holder hereby agrees not to, during the period (the “Lock-Up Period”) commencing from the Closing and ending on the earliest of (x) the six-months after the date of the Closing, (y) the date on which the closing price of the Purchaser Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any twenty (20) trading days within any thirty (30) trading day period commencing at least one-hundred fifty (150) days after the Closing, and (z) the date after the Closing on which Purchaser consummates a liquidation, merger, share exchange or other similar transaction with an unaffiliated third party that results in all of Purchaser’s stockholders having the right to exchange their equity holdings in Purchaser for cash, securities or other property: (i) lend, offer, pledge, hypothecate, encumber, donate, assign, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any Restricted Securities, (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Restricted Securities, or (iii) publicly disclose the intention to do any of the foregoing, whether any such transaction described in clauses (i), (ii) or (iii) above is to be settled by delivery of Restricted Securities or other securities, in cash or otherwise (any of the foregoing described in clauses (i), (ii) or (iii), a “Prohibited Transfer”). The foregoing sentence shall not apply to the transfer of any or all of the Restricted Securities owned by Holder (other than any Escrow Shares until such Escrow Shares are disbursed to Holder from the Escrow Account in accordance with the terms and conditions of the Merger Agreement and the Escrow Agreement) (I) by gift, will or intestate succession upon the death of Holder, (II) to any Permitted Transferee (defined below) or (III) pursuant to a court order or settlement agreement related to the distribution of assets in connection with the dissolution of marriage or civil union; provided, however, that in any of cases (I), (II) or (III) it shall be a condition to such transfer that the transferee executes and delivers to the Purchaser and the Purchaser Representative an agreement stating that the transferee is receiving and holding the Restricted Securities subject to the provisions of this Agreement applicable to Holder, and there shall be no further transfer of such Restricted Securities except in accordance with this Agreement. As used in this Agreement, the term “Permitted Transferee” shall mean: (1) the members of Holder’s immediate family (for purposes of this Agreement, “immediate family” shall mean with respect to any natural person, any of the following: such person’s spouse or domestic partner, the siblings of such person and his or her spouse or domestic partner, and the direct descendants and ascendants (including adopted and step children and parents) of such person and his or her spouses or domestic partners and siblings), (2) any trust for the direct or indirect benefit of Holder or the immediate family of Holder, (3) if Holder is a trust, to the trustor or beneficiary of such trust or to the estate of a beneficiary of such trust, (4) if Holder is an entity, as a distribution to limited partners, shareholders, members of, or owners of similar equity interests in Holder upon the liquidation and dissolution of Holder, and (5) to any affiliate of Holder. Holder further agrees to execute such agreements as may be reasonably requested by Purchaser or the Purchaser Representative that are consistent with the foregoing or that are necessary to give further effect thereto.

redditmodsRrussians

Time Crisis III: Casino Crisis

money_never_sleeps

I can't find redemption figures on this ​ >*On February 27, 2024, Concord Acquisition Corp III (the “Company”) held a special meeting in lieu of the 2024 annual meeting of stockholders (the “Special Meeting”) in connection with the proposed business combination (the “Business Combination”) of the Company, Gibraltar Merger Sub Inc., a Delaware corporation and wholly-owned direct subsidiary of the Company (“Merger Sub”), and GCT Semiconductor, Inc., a Delaware corporation (“GCT”), as described in the proxy statement/prospectus filed by the Company with the Securities and Exchange Commission (“SEC”) on February 14, 2024 (the “Proxy Statement”). On February 5, 2024, the record date for the Special Meeting, there were 12,566,360 shares of Class A common stock, par value $0.0001 per share, and one share of Class B common stock, par value $0.0001 per share, of the Company entitled to be voted at the Special Meeting. At the Special Meeting, 11,001,661 shares of Class A common stock and Class B common stock, voting together as a class, or approximately 87.5% of the shares entitled to vote at the Special Meeting, were represented in person or by proxy.*

No-Illustrator-8410

$SLS - novel cancer drug treatment wrapping up Phase III trials. Do your own research.