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Post by centralcoastinvestor on Jan 3, 2018 20:15:16 GMT -5
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Post by dreamboatcruise on Jan 3, 2018 20:57:31 GMT -5
That was posted here and then taken down because it was a document that was apparently not meant to be made public. So that info has been known, though some believed it to be a fake document for some reason. Everything that has been said publicly is consistent with this document.
I would question whether it makes sense for a company to aim at both recreational and true medical "pharmaceutical" markets. I think the recreational market is already well supplied, and given that pot is still illegal at federal level (and with hostile DOJ head) it seems problematic for a company trying to be a legit pharmaceutical company to also play in the recreational space. [just my personal opinion]
Hopefully we'll get some news soon. Would be really nice to get a meaningful milestone payment, but I'm certainly not holding my breath on that.
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Post by centralcoastinvestor on Jan 3, 2018 21:13:17 GMT -5
That was posted here and then taken down because it was a document that was apparently not meant to be made public. So that info has been known, though some believed it to be a fake document for some reason. Everything that has been said publicly is consistent with this document. I would question whether it makes sense for a company to aim at both recreational and true medical "pharmaceutical" markets. I think the recreational market is already well supplied, and given that pot is still illegal at federal level (and with hostile DOJ head) it seems problematic for a company trying to be a legit pharmaceutical company to also play in the recreational space. [just my personal opinion] Hopefully we'll get some news soon. Would be really nice to get a meaningful milestone payment, but I'm certainly not holding my breath on that. Perhaps that is why nothing has been announced. RLS may still be trying to figure out who they are. It’s entirely possible that Mike C. may not want to maintain the relationship with RLS if they cannot figure out what they will focus on. Mike C. seems to be intent on cutting away dead wood and focusing on the most important initiatives.
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Post by dreamboatcruise on Jan 3, 2018 21:31:27 GMT -5
That was posted here and then taken down because it was a document that was apparently not meant to be made public. So that info has been known, though some believed it to be a fake document for some reason. Everything that has been said publicly is consistent with this document. I would question whether it makes sense for a company to aim at both recreational and true medical "pharmaceutical" markets. I think the recreational market is already well supplied, and given that pot is still illegal at federal level (and with hostile DOJ head) it seems problematic for a company trying to be a legit pharmaceutical company to also play in the recreational space. [just my personal opinion] Hopefully we'll get some news soon. Would be really nice to get a meaningful milestone payment, but I'm certainly not holding my breath on that. Perhaps that is why nothing has been announced. RLS may still be trying to figure out who they are. It’s entirely possible that Mike C. may not want to maintain the relationship with RLS if they cannot figure out what they will focus on. Mike C. seems to be intent on cutting away dead wood and focusing on the most important initiatives. Before Nov there was some amount of hope that the days of cannibis being a Schedule 1 drug were numbered. Even if they were to focus on the pharma market, where I believe the opportunity for a technosphere product is real, it may be that there is too much red tape to be able to do development and clinical trials on a Schedule 1 drug here in the US. Kinda nuts that it is Schedule 1.
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Post by kc on Jan 3, 2018 23:21:41 GMT -5
I have a feeling as more states legalize it,the federal government will figure it’s a good way to raise tax money. Not too much difference from taxing cigarettes or booze.
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Post by babaoriley on Jan 3, 2018 23:45:48 GMT -5
I have a feeling as more states legalize it,the federal government will figure it’s a good way to raise tax money. Not too much difference from taxing cigarettes or booze. Or having states run lotteries.
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Deleted
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RLS
Jan 4, 2018 6:59:36 GMT -5
via mobile
lakon and mango like this
Post by Deleted on Jan 4, 2018 6:59:36 GMT -5
Australia plans to become the fourth country in the world to legalize medicinal marijuana exports in a bid to score a piece of the estimated $55B global market. Despite growing demand, only Uruguay, Canada and the Netherlands have so far legalized the export of medicinal cannabis. Israel has said it intends to do so within several months. seekingalpha.com/article/4135232-wall-street-breakfast-next-trigger-shale-expansion
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Post by peppy on Jan 4, 2018 7:56:35 GMT -5
I have a feeling as more states legalize it, the federal government will figure it’s a good way to raise tax money. Not too much difference from taxing cigarettes or booze. Or having states run lotteries. quote; the federal government will figure it’s a good way to raise tax money. reply: the federal government has been making huge money on drug sales for years. Never mind the federal government brings the drugs in and sells them. *The federal government has confiscation laws. Anyone growing or selling, imprisoned and their properties confiscated.
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Post by kc on Jan 4, 2018 10:21:04 GMT -5
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Post by dreamboatcruise on Jan 4, 2018 11:56:31 GMT -5
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Post by comnkd on Jan 4, 2018 14:08:13 GMT -5
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Post by peppy on Jan 6, 2018 9:08:21 GMT -5
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Post by sayhey24 on Jan 6, 2018 19:52:29 GMT -5
From a medical marijuana perspective, the Sessions crack-down could be a windfall for RLS which would be providing an FDA approved tar free medicine. Whats the cancer risk of pot, one joint to a pack of cigarettes?
From a recreational perspective I am not sure where this goes. In a few years with the tar rates of marijuana so high you would think the law suits would follow. I suspect Trump is trying to force the issue to get Congress to decriminalize it and then leave it up to the states. But if that happens since there is no tar in the RLS product I would think RLS could have a winner.
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RLS
Jan 6, 2018 20:28:39 GMT -5
Post by dreamboatcruise on Jan 6, 2018 20:28:39 GMT -5
From a medical marijuana perspective, the Sessions crack-down could be a windfall for RLS which would be providing an FDA approved tar free medicine. Whats the cancer risk of pot, one joint to a pack of cigarettes? From a recreational perspective I am not sure where this goes. In a few years with the tar rates of marijuana so high you would think the law suits would follow. I suspect Trump is trying to force the issue to get Congress to decriminalize it and then leave it up to the states. But if that happens since there is no tar in the RLS product I would think RLS could have a winner. Being a schedule 1 drug puts a lot of red tape hurdles into the development process. It my be a ridiculous notion but the official stance of the US government is that cannabis has no valid medical uses. I believe that to take a cannabis based product through all the development and clinical trials would require cannabis to be reclassified. Not sure what the process for that is, but in general it seems people do not believe that is in the cards under a Trump administration. I do hope your optimism about change turns out to be correct. [caveat: I have no professional expertise in this area so take views with grain of salt] Here is the basics of what being Schedule 1 means. The following findings are required for drugs to be placed in this schedule: The drug or other substance has a high potential for abuse. The drug or other substance has no currently accepted medical use in treatment in the United States. There is a lack of accepted safety for use of the drug or other substance under medical supervision. Except as specifically authorized, it is illegal for any person: to manufacture, distribute, or dispense, or possess with intent to manufacture, distribute, or dispense, a controlled substance; or to create, distribute, or dispense, or possess with intent to distribute or dispense, a counterfeit substance.
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