Buffett's Big A.I. Secret (Handle With Care)

A.I. is the talk of the town...But here's what they're NOT telling you. Former investment banking V.P. Ross Givens is letting the cat out of the bag. He's leaking a revolutionary new development, which changes everything. It will kick off A.I.'s massive second wave.

Stalled In Bureaucratic Limbo, This German City Struggles With Illegal Cannabis As Demand Surges

Nicolás Jose Rodriguez
August 30, 2024

Despite cannabis legalization in Frankfurt, the expected surge in legal cultivation has yet to materialize. The city, which could support up to 129 cultivation associations, has had only two applications submitted since the law took effect two months ago. Across Hesse, just 14 applications have been filed, including in Kassel, Gießen and Vogelsberg, with none as yet approved.

Bureaucratic Hurdles Hamper Legalization Efforts

The slow response is largely due to complex bureaucratic requirements. Applicants must provide extensive documentation, such as certificates of good conduct and an Elster certificate for electronic applications. 

Additionally, addiction prevention training for club prevention officers adds another layer of complexity. In Hesse, it remains to be seen who is authorized to offer this training. A tight three-month deadline and application fees ranging from 500 to 1,000 euros have deterred many potential applicants.

Get Benzinga’s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter here. If you’re serious about the business, you can’t afford to miss out.

Medical Marijuana Market Expands Amid Legalization Struggles

While legal recreational market struggles, Germany’s medical marijuana sector is booming. The Federal Institute for Drugs and Medical Devices (BfArM) reported a 51% year-over-year increase in medical marijuana imports in the second quarter of 2024. 

Germany imported 11,706 kg of dried cannabis flower, a 44% increase from the first quarter. The number of patients grew by 400% from March to June 2024.

Illegal Market Thrives As Legalization Efforts Stall

Despite legalization, Frankfurt's illegal weed market has thrived. Illicit cannabis trade has increased significantly as the legal market struggles to establish itself. The Frankfurt police and Public Order Office report minimal changes in enforcement, with 17 pending cases related to excessive cannabis possession. The Public Order Office has collected 278.50 euros in fines, targeting individuals caught with more than 25 to 30 grams in public or 50 to 60 grams at home.

Read Also: 25 German Cities Join Cannabis Pilot Trials In 2024 Under New Legalization Law

Regional Disparities And Delays Across Germany

The challenges in Frankfurt are mirrored across Germany. North Rhine-Westphalia, Germany's most populous state, has received only 43 applications for cannabis cultivation associations, most of which are incomplete. Berlin faces even greater bureaucratic challenges, with no clear authority designated to handle applications. 

Meanwhile, in Baden-Württemberg, 38 applications have been submitted, but none approved due to delays. Lower Saxony plans to introduce hefty fines for violations of cannabis laws, reflecting the broader difficulties in implementing new regulations.

Future of Legal Cannabis Distribution Uncertain

Despite these setbacks, Frankfurt is still interested in pursuing a controlled cannabis distribution model. Other cities, such as Wiesbaden, have shown similar interest. Wiesbaden’s Health Minister recently signed a letter of intent to join a regional cannabis pilot trial. However, Frankfurt has yet to finalize plans or establish a timeline.

Read Next: Berlin Grants First Cannabis Cultivation Permission, Lower Saxony To Introduce Fines With ‘Hefty Penalties’

Continue Reading...

Popular

AI's "iPhone Moment" - Ad

Apple is making a major move. And what they're doing could be bigger than the launch of the first iPhone. Destroying and creating fortunes in the process.

Vista, Blackstone buying software maker Smartsheet for about $8.4 billion

Private equity firms Vista Equity Partners and Blackstone are buying software maker Smartsheet for approximately $8.4 billion in cash.

Top AI Stock (It's Not MSFT, GOOGL, AMZN or AAPL) - Ad

Ross Givens says the #1 artificial intelligence stock is NOT Microsoft, Google, Amazon or Apple, not even Nvidia. Nope -- his research is pointing to a tiny, under-the-radar stock that's trading for just a few dollars right now... And has lined up major partnerships with Honda, Netflix, Pandora, Mercedes Benz and many, many others.

Cathie Wood's Ark Invest Dumps Palantir Shares Amidst S&P 500 Inclusion And Extended AI Alliance

Cathie Wood's Ark Invest sold shares of Palantir on the day the company was included in the &P500. The sale came also as Palantir announced a multi million dollar extension of its deal with APA Corp on Sept. 25, 2024.

Top 3 Tech Stocks That Are Ticking Portfolio Bombs

Three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

My No. 1 Oil Play for 2024 - Ad

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

Our No. 1 Stock for the Rare "Millionaire Window" Opening Now - Ad

According to Wall Street legend Whitney Tilson, an extremely rare window in the markets is about to open. It's an often-misunderstood market setup we've only seen 13 times since 1920. The last time this happened, it minted a million brand-new millionaires -- in a single year. But Tilson says this unique window in the markets could close much sooner than anyone realizes, leaving most investors in the dust, while making a select few incredibly rich.

Video Shows 2,000-Pound Bombs Used In Israeli Military's Assault On Hezbollah Leader Nasrallah

A video analysis has revealed that the Israeli military's attack, which led to the death of Hezbollah's leader, Hassan Nasrallah, involved the use of 2,000-pound bombs.

CrowdStrike executive apologizes to Congress for July global tech outage

WASHINGTON (AP) — An executive at cybersecurity company CrowdStrike apologized in testimony to Congress for sparking a global technology outage over the summer.

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

Elon Musk Comments On Why They Want To Kill Trump, DeSantis Promises Florida's Own Probe

A second assassination attempt on Donald Trump was foiled by the U.S. Secret Service while he was golfing in Florida, with political figures from both parties condemning the incident and reaffirming the importance of denouncing political violence.

Boeing makes a 'best and final offer' to striking union workers

Boeing said Monday it made a “best and final offer” to that includes bigger raises and larger bonuses than a proposed contract that was .

Sell This Stock Before Election Day - Ad

Since the AI investing trend kicked off last year, the line between U.S. politics and the U.S. stock market has never been thinner. One 50-year Wall Street is stepping forward to warn of a dramatic market event that could rock the U.S. stock market before Election Day.

Mark Zuckerberg Flaunts Watches Valued at a Cybertruck's Price

Mark Zuckerberg, CEO of Meta, has been seen sporting luxury watches that rival the cost of a Tesla Cybertruck.

Canoo Expands Globally With UK Launch, Establishes Activation Center At Historic Bicester Motion

Canoo revealed its official entry into the U.K. market by establishing Canoo Technologies UK Limited, representing a key milestone in the company's global expansion strategy.

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

In global game of influence, China turns to a cheap and effective tool: fake news

WASHINGTON (AP) — When veteran U.S. diplomat Kurt Campbell traveled to the Solomon Islands to counter Beijing's influence in the South Pacific country, he quickly saw just how far China would go to spread its message.

Fortescue Announces $2.8B Electrification Deal, Chairman Claims 'Future Is Zero Emissions'

Fortescue Metals invests $2.8 billion in fleet electrification, firmly committed to green transition goals. This move sets them apart from competitors.

This Is How the AI Bull Market Ends - Ad

The AI bull market as we know it right now will end...And all the big popular AI stocks investors are piling into right now will NOT be the where the biggest returns will come from. And for investors who don't know how the market is changing and where it's going...They could end up left behind.

Jeep urges 194,000 plug-in hybrid SUV owners to stop charging and park outdoors due to fire risk

DETROIT (AP) — Jeep is recalling more than 194,000 plug-in hybrid SUVs worldwide because they can catch fire with the ignition turned off.

Jeff Bezos Just Humiliated Elon Musk - Ad

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Mark Zuckerberg Says, Orion 'Is Probably Going To Be The Next Major Platform After Phones' — Meta's New AR Wearables Real-Life Tony Stark Glasses In The Making?

In an interview with YouTuber Cleo Abram, Meta CEO Mark Zuckerberg described the Orion AR Glasses as the first-ever full holographic augmented reality glasses, developed over a decade, which he believes will become the next major computing platform after smartphones.

New Jersey hits pause on an offshore wind farm that can't find turbine blades

TRENTON, N.J. (AP) — New Jersey Wednesday on an offshore wind energy project that is having a hard time finding someone to manufacture blades for its turbines.

Red-Hot AI Stock "Disappearing" Soon? (Get In Now) - Ad

Right now, there's an AI stock on the verge of being snapped up by a giant company... And when it does, its price could go flying. The potential gains could be astronomical. You want to get in before that happens... Otherwise the opportunity could pass you by. Your window to buy in is right now...

UK leader Starmer is on a 1-day visit to EU headquarters hoping to heal ties battered by Brexit

BRUSSELS (AP) — British Prime Minister Keir Starmer traveled to Brussels on Wednesday on a mission to try to , which disintegrated as the country left the world’s biggest trading bloc four years ago.

Ex-'Apprentice' candidates dump nearly entire stake in owner of Trump's Truth Social platform

A Florida firm owned by former contestants on “The Apprentice” has disposed of nearly all its 5.5% stake in Trump Media & Technology Group, which owns former president Donald Trump's Truth Social platform.

Details on the U.S. $7,882 Stimulus - Ad

The U.S. Government recently announced a new "stimulus program"...And it could hand you a payment for as much as $7,882 -- each quarter. See, it has to do with a leaked 19-page memo...Better still, you can collect these payouts every single quarter -- for life...I call this the "Stimulus Stipends" program.

GE Vernova's Gas Power Services Underappreciated & Poised For Growth: Analyst

GE Vernova upgraded to Buy by BofA Securities, price target raised from $200 to $300. Analyst sees potential in Gas Power Services.

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

Consumer Tech News (Sept 23- Sept 27): OpenAI pitched President Biden For Expansion Of Data Centers, Apple Discontinued iPhone 15 And 13 Models & More

UAE President meets Biden to discuss AI cooperation. OpenAI pushes for expansion of data centers. SAG-AFTRA strikes against League of Legends. Sony celebrates PlayStation's 30th anniversary with limited edition consoles. Ubisoft delays Assassin's Creed Shadows, SkyBox Labs lays off employees, and Steam sets a new record for concurrent players.

Google complains about Microsoft cloud tactics to European Union antitrust watchdog

LONDON (AP) — Google escalated a feud with Microsoft over cloud computing on Wednesday with a European Union antitrust complaint accusing its tech rival of anticompetitive practices.

A 10,000% Dividend?!? - Ad

Have you seen this strange oil investment? It's NOT a stock, bond, or private company...It has NO age requirements...You do NOT need to be accredited to participate... And you can get in for as little as $25.

Shark Tank's Barbara Corcoran Reveals Her Struggle With Alzheimer's In Her Family

Barbara Corcoran, renowned real estate mogul and star of "Shark Tank," has opened up about her personal encounter with Alzheimer's disease, following the loss of her mother to the condition.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service