THIS POST WAS BANNED BY FACEBOOK; let this be a censorship lesson to investors

Banned Post:

Laws People Think Are Theirs’ To Break Are Major Ones

Blacks and Hispanics force white people to fight their battles for them. They do it with their dogs and gamecocks too – force them to fight, for the purpose of monetary gain. It’s always about the money.

Blacks and Browns like to watch people and other animals tear each other apart in an arena they control. There is no exit plan for the fighters. They’re put into the ring to fight or die. They know they’re going to die, if not this fight the next one.

Fifty states outlaw the brutal blood sport. But so do they outlaw slavery and trafficking of children for sex.

Blacks and Browns treat white people like their dogs and gamecocks.

Do you know how many white people died or sacrificed everything but their lives to help black Africans gain their freedom from slavery and then to support their efforts to achieve equality? Too many to count?

Yet nowhere during black history month is their sacrifice acknowledged. Now that is an ungrateful demographic of people who are too smug to say thank you for your service to freedom. Yet, the outspoken members of Black Lives Matter Terrorist group admonished the president of the United States for not saying enough about black history during black history month.

An apology for your lapse in etiquette would be appropriate. A sincere recognition and appreciation for white people’s contribution to the abolishment of slavery is in order. If tables were turned as they are in other countries, black Africans would not risk it all to free whites enslaved by blacks. That’s black supremacy in play.

Now who comes knocking again, this time to force white people, through humiliation and life-ruining war tactics, to fight for their causes? Blacks again. Oh yeah, and Browns.

Really, how rude – and selfish. Isn’t the mass exploitation of any race by another race illegal? It should be.

The laws people break as their right are not only the petty theft or grand theft laws, or cheating the social service system, traffic violations, assault, they’re the big laws, the ones outlawing grotesque, despicable behaviors.

Those are theirs to break is their answer proved by their actions which facilitate the practices. They say they don’t support it, but they do nothing to stop it when it happens within their own race in their own neighborhoods. Turning a blind eye = facilitation.

They force white people to politick for new laws and/or to change policy regarding the enforcement of existing laws that favor them financially, rather than do it themselves, which indicates they want white people to think and act for them. But they want to lead.

What kind of people do that? Dictators. Despots. Oppressors. Kings. Queens.





Recently Removed for Community Standards Violations

See recent content that was removed for going against some types of Community Standards. Pages that repeatedly post content that doesn’t follow the Community Standards could be unpublished.

Your post goes against our Community Standards on hate speech.

5 days ago

See details

This post isn’t available right now. Visit the community standards to learn more about what is and isn’t allowed on Facebook.



Note: 5 days ago somebody at Facebook flagged the above post accusing me of using hate speech, which is a hate crime, and not acceptable on Facebook.

Facebook gave me two options: accept their determination or appeal it by requesting that someone review it. The post would still appear on my Facebook page, but only I could see it.

I appealed Facebook’s decision by clicking a box and haven’t heard back, except that now I noticed it’s been banned and they removed the post altogether, saying it no longer is available (my own post).


a little bit of history:

On 25 Aug. 2016:

Facebook just forced me to set up a Facebook page claiming that I was misrepresenting myself on my profile. That I really was a business.

“Keep Growing with a Facebook Page

It looks like you’re using your personal Facebook profile to represent an organization, business, brand or public figure. It’s against the Facebook Terms to use your personal account to represent something other than yourself. In order to follow the Facebook Terms, you should create a Page based on your profile.”

I had no choice. They locked me out of my Facebook account.

I’m a home chef. I’m not a business nor a public figure, nor do I represent an organization. I am an artist, author and animal-free chef. That’s all that I am. And all that I do I share for free with the world. For Facebook to claim that I am representing something other than myself is libelous.

I feel like I’m being enslaved. I guess this way my posts can’t reach anybody.




back to the present:

Well, if they libel you once, they’ll libel you twice.

I’ve been censored in a country that advocates free speech as a cornerstone of its constitution. Mark Zuckerberg and Facebook are responsible for that breakdown in social media culture.

According to Facebook, when the truth becomes uncomfortable, it gets dumped into Facebook’s hate speech and hate crime category, and censorship thus the denial of one’s constitutional protections are the result. It’s because I’m white and being white is not popular right now.

Facebook discriminated against me as a white animal rights person.

Facebook should accept that there are multiple points of views on all topics, not just the views of minorities that matter – and not just the views that make certain demographics feel good about themselves. Perhaps if the CIA working the bowels of Facebook stopped social-engineering everybody, people would feel more free to voice those views, and it wouldn’t seem so startling when someone like myself has the courage to expose and face  uncomfortable truths in a direct, non-manipulative and malice-free way.

The only hate in the post is the strategy used by blacks and browns to make humans and animals fight for them when they don’t want to. They do it by using hurtful and aggressive coercive means – horrible name-calling all over Facebook and the ruining of peoples careers thus lives, and by ruining the lives of the other animals they force to fight.

A British gal once remarked on a bullfighting post of mine that I can’t single out a particular group for animal abuse, since all groups on earth participate.

Although it is true that all cultures abuse other species in grotesque ways, not to call out individual cultures or individuals on those atrocities for fear of hurting their feelings, since everybody does it, results in the acceptance of the behavior.

And nothing ever gets done about it. Nothing changes. One can’t change behavior by accepting as normal what everybody does, when it involves committing atrocities against other creatures.

So no I don’t agree with the British woman who tried to negate the effectiveness of that particular post by claiming me to be discriminating against the Spanish people. The real discrimination was against the bulls but no one wanted to see that truth or the truth of the cause of inaction being normalizing behavior that everybody participates in.

I will not back down on this post. My civil rights have been violated by Facebook in defense of cultures and peoples who commit atrocities against innocent creatures for pleasure and monetary gain.

This same pattern of behavior runs over into the treatment of humans they regard as inferior to them, people they can intimidate into fighting for their causes by using humiliation, aggression and career-destruction tactics – as a means to instill terror into the hearts and minds of the white populace.

We all deserve rights. Forcing people to fight for your causes out of fear of having your life destroyed if you don’t is not one of those rights. Exploitation and extortion is not acceptable and should be against the law.

Facebook committed a hate crime against me, and sought to intentionally ruin my reputation as a writer and an artist, by posting on my Facebook page that I published material that was judged by Facebook to be hate speech.

They also disengaged my connection between Word Press and the above referenced Facebook page without telling me.


 






 

Advertisements

WHITE-LYNCHING

Brutalizing people is not an effective recruiting strategy. Neither is making enemies to build friendships.

Standing at a 13% population disadvantage, making enemies by bringing white people to their knees and ruining their businesses for offenses committed by other people in the past is a destructive use of small town tactics to gain up town recognition – a recognition that is not sustainable, simply because it is based on the false premise that white people today are responsible for practices that all races and cultures engaged in many years ago.

Contrary to social media and cable opinion outlets the movers and shakers of the world don’t like bullies. They dislike even more those who seek to destroy the businesses in which they invest.

I have yet to see a plan emerge that had a positive global goal attached, which leads not just me but many others to the conclusion that the revenge tactics used by Black Lives Matter Terrorists serve a visceral purpose that cannot and will not translate into financial growth.

USA Census for 1860 was 31.4 million of which 3.9 million or 12.6% total population were slaves and children of slaves.

Slavery ended in 1863.

Population of USA in 2018 was 327.1 million.

By 1863 approximately  3.9 million slaves including their children were legally freed.

Approximately three hundred million people and 156 years later, some 246 million white people, none of whom participated in slavery, are now being held hostage and responsible for deeds that occurred prior to the Emancipation Proclamation Act of 1863 and the 13th Amendment to the US Constitution abolishing slavery. Prior to that time slavery was legal on a Federal level, although in some states it had already been outlawed to varying degrees.

There is no legal precedent for one race of persons to hold accountable another race of persons for cultural and/or socio-economic missteps that in time became abolished. Madison Avenue and Wall Street have nothing to gain and everything to lose by participating in and supporting the white-lynching tactics of ruining white people’s careers and businesses based on a nondescript terrorist agenda for the sole purpose of terrorizing the white race and destroying their culture, careers, businesses and families using revenge tactics to protest an institution that no longer exists.

In that regard they are much like ISIS terrorists who want to return to the past to recoup losses that cannot be recovered,  so they take life and limb and liberty from the white people of the present. That is enslavement and torture, which will lead to slaughter if left unchecked.






 

Vegan Elitists and Slaughterhouse Sympathizers

Vegan elitists and slaughterhouse sympathizers on social media have long objected to the use of the word ‘product’ to refer to animals and animal parts sold as products. They even have gone so far as to request that people using the word ‘product’ remove it from their posts. One such person complied with that request this morning. That’s why I’m writing this now.

SHOCKING. That someone would fold that easily to the whims of elitists and slaughterhouse sympathizers without first examining the issue and reasons people call what’s for sale a product.

That action of compliance in no way helps the plight of those who suffer the atrocities of enslavement, torture and slaughter. In fact, that the person folded so quickly and did what they were told by a complete stranger is more a lesson in how not to be persuaded by a person who completes his/her demand with a ‘thanks for the giggle’ phrase. What the hell does ‘thanks for the giggle’ mean? It’s a stool softener, to loosen up the grip one has on their own rectum, so they won’t resist the demand to remove an objectionable word from your post – in this instance it’s the word ‘product’. This is probably just the beginning of a massive movement designed to control what people post by instructing people to edit their posts by removing certain words they deem objectionable.

It’s called Alien-Induced Self-Censorship (AISC).

Their argument: non-human animals are not products.

Why would slaughterhouse sympathizers demand someone remove the word ‘product’ when referencing animals? They pose as vegan for the purpose of dividing and conquering. They get vegans fighting each other. People pile on when there’s a fight and they read the words, thinking it’s vegan against vegan, when it could be two non-vegans posing as vegans, or one vegan posing as a non-vegan to give the ludicrous arguments non-vegans give for eating animals. Most non-vegans won’t stay in the fight long, so they recruit social media actors to play the parts.

They don’t like the word animal-free either. The vegan elitists fight to make the word vegan king, while the SS people don’t want that word read, seen, spoken. It sounds too much like quitting smoking or quitting drinking or quitting drugging – all the activities that people engage in, that purveyors of body-damaging goods/products need to convince you to buy so they can get rich and stay rich.

Animal-free has a negative connotation for those who indulge in enslavement torture slaughter. It puts the animal in the faces up close. Free of the animal. What? No animal in here? Vegan is a much less confrontational word. Nobody really know what it means, since the elitist vegans attached so many non-vegan requirements to it – such as non-GMO, gluten-free, including the harvesting of non-vegan items that adversely impact the environment or habitat of a particular species, whole foods, organic, raw and on and on. So of course they’re at war with the plant-based people who stole their headliner status right from under their turned up noses. Egos are in play here.

They also don’t want the animal-free chef rising unless they as a group have total control over what gets communicated. I’m not vegan enough. I don’t fit into their gold standard. But I’m the one whose moving the world toward plants faster than all of them put together. I stick with the animal till the animal is free. They don’t. A lot of them jumped ship and went the paleo route.

Now, to get to the subject matter: the word PRODUCT.

The Animal-Free Chef’s Response:

There are many definitions for product. Humans are by-products of their environment.

Manufacturers at this time are not going to put on their labels ‘contains no animals’ . But that’s what I’m working toward. Right now it’s ‘contains no animal products’. It’s straight forward in a language people understand.

No matter the species, once the carcass of the animal undergoes a process for sale, it is referred to as a product. I test animal-free products. People know what that means. In writing for learning purposes I refer to all animals including humans in much more descriptive, graphic terms. I reference the flesh, blood, milk and other body parts.

Imagine a label that reads: Contains no flesh, no blood, no animal hormones, no milk. Bone, how about bone? And which animal does it contain? Jews and Muslims don’t want pig, but they’ll go for the other animals. Unless it’s an allergen it’s difficult to get specific – labels aren’t big enough.

A manufacturer won’t put on their product label ‘contains no secretions’, because the word turns people away. Even flesh contains secretions.

Contains no animal products covers a wide range, meaning no part of any animal from any species.

One could say that separating humans (one species) from non-humans (all other species) when speaking about animals implies a superiority by keeping the humans separate from all the other species. It becomes cumbersome to mention every species.

How would this sound? I test flesh and bone and secretion-free products? Then you’ve got to get the hair in there. I prefer ‘contains no animal’. But in the marketing world people are accustomed to the word product. And I’m trying to sell the world on food preparations that don’t contain any part of the animal to the best of my knowledge. I also develop animal-free products. I in no way feel that I am disrespecting the animals I have designed my life to serve by referring to a food preparation as containing no animal products (which includes the entire animal). Products are also services. A person many times will be referred to as a package.

In business I go for the quicker result; in writing ideology, I go for the short and long term.

What will work now to get me to a better place in the future without having to make major changes? In changing patterns, the closer you start to where you want to be, the quicker it takes to reach the goal.

Changing the word ‘product’ to ‘flesh and secretions’ is doomed to fail, except when discussing ideology and agendas. 

Parts of animals are often times mixed with non-animal products to form a new product. If somebody grows their hair, cuts it and sells it to wig companies; they’re selling a product that will then go through a process, even though it’s part of an animal. It’s still a product.

A product denotes a process of preparation that gets something ready for sale. The finished product.

Contains No Animal. Contains No Animal Products. Contains No Animal. Animal-Free. Yeah, I am definitely sticking with the animal. Better to be in your face and honest, than hiding behind multiple other categories.

The elitist vegans couldn’t stop the plant-based words from becoming popular and the SS movement won’t stop the animal-free chef from testing animal-free products or from developing animal-free recipes.

I don’t think animals should be political but they are. Humans are also used for political purposes. Historically, they’ve been enslaved, tortured and slaughtered for political agendas.

Is an insect an animal? YES.

Fish? YES.

Chicken? YES.

Liver? YES.

Hair? YES.

Feathers? YES.

POOP? It contains animal cells plus waste. If a person collects it and makes jewelry out of it, then it’s an animal product.

Semen? Humans sell their semen, which is produced by the body, which makes it an animal product.

Milk? The body produces milk, which makes it an animal product. Humans sell their milk as a product.

PRODUCTION = PRODUCT

If it’s for sale it’s a product. That’s the way the marketplace works. Merchants needed a word that denoted something or somebody for sale. Product evidently came to mind. ‘Goods’ probably came first.

Yes, words matter, but focusing on minutia designed to sideline or railroad hinders rather than facilitates. It’s used as a stumbling block by an opponent.

Defined: A product can be a service or an item. It can be physical or in virtual or cyber form. Every product is made at a cost and each is sold at a price. The price that can be charged depends on the market, the quality, the marketing and the segment that is targeted.”


“product

Commercially manufactured articles, especially recordings, viewed collectively.

An article or substance that is manufactured or refined for sale.

A substance produced during a natural, chemical, or manufacturing process.

A thing or person that is the result of an action or process.
A person whose character and identity have been formed by a particular period or situation.”

Like it or not, animals are a huge part of the manufacturing process.

Removing the ‘product’ label from the animal at this point in time or even in the near future, in effect is saying that they are not subject to the manufacturing process. That would be a denial of the enslavement torture slaughter that they endure as a result of that process.

In the beginning, many decades ago, I made the right decision to attach my work to the animal-free label. I went through a process of deciding what worked. Cooking Without Animals? People looked and read, cooking with animals. Meatless Cuisine? Nobody knew what meatless meant.

Although animal-free was never intended to instill fear, it had that effect on the Slaughter Sympathizers. It scares them that animal-eaters will start regarding eating animals as an addiction that needs to be overcome or even treated.

Madison Avenue is like Wall Street, they scare easily. How do we sell a product associated by wordage with addiction? An addiction that causes heart disease, vascular disease, kidney disease, diabetes, cancer with many animal faces attached?

Be free of…that’s what I’m talking about. Animal-free.

Yeah, we need the word ‘product’ in order to more easily raise awareness by comparison.

We have two products here. One doesn’t have a brain and the other screams in pain. Which one should we let go? The apple or the animal?

We better make the right choice this time.

I am an animal product.






Turnaround of the Year: Danone | Food Dive

DIVE AWARDS

Turnaround of the Year: Danone

AUTHOR Lillianna Byington@lil_byington

PUBLISHED Dec. 3, 2018

Most recent earnings: Q3 sales reached $7.14 billion

Outlook: If Danone turns to M&A and product innovation in the better-for-you sector, it could see more financial and brand recognition in the coming year.

After years of struggling with yogurt sales and an overly broad portfolio, Danone has overhauled its business to better respond to changing consumer trends — placing it squarely in the middle of the growing demand for plant-based and better-for-you fare.During the last year, Danone has accelerated its organic growth, expanded its portfolio and announced plans to invest in start-up companies that have a healthier focus. These shifts have led to financial and brand growth unmatched by few competitors, earning it the title for turnaround company of the year.

Michael Neuwirth, a spokesman with Danone North America, told Food Dive the company has seen substantial growth in recent years as it has shifted its resources to the better-for-you market — highlighted by the recent acquisition of plant-based foods maker WhiteWave in 2017 for $12.5 billion. Neuwirth, who has been with the company for 20 years, said Danone has narrowed its focus by shedding pasta, beer, cookies and champagne brands…

FINISH READNG: Turnaround of the Year: Danone | Food Dive


 





 

VICTORY! California Cruelty-Free Cosmetics Act Now Law






 

Colin Connotations

Colin Kaepernick puts his name on Nike products – big time sellers of footwear

Nike’s worth sourced from The Motley Fool: 

“The simplest measure of Nike’s worth

The stock market gives the most obvious indication of a simple valuation of a company. Nike currently has about 1.35 billion shares of publicly traded stock outstanding. A price of around $56 per share puts the value of Nike’s publicly traded shares at around $75 billion. However, Nike has non-traded Class A shares outstanding as well. When you add those in, Nike’s total market capitalization rises to about $94 billion.”


Sourced from Forbes: as of June 2, 2018

#39 Nike

MARKET CAP $110.3B


TICKERNKE  $83.49 $0.02 (0.02%)


INDUSTRY Apparel/Accessories


FOUNDED 1964


COUNTRY United States


CHIEF EXECUTIVE OFFICER Mark Parker


EMPLOYEES 74,400


SALES $35.3B


HEADQUARTERS Beaverton, Oregon


As of Jun 6, 2018



OPTICS 101

SAN FRANCISCO, CA – SEPTEMBER 05: A billboard featuring former San Francisco 49ers quaterback Colin Kaepernick is displayed on the roof of the Nike Store on September 5, 2018 in San Francisco, California. Nike launched an ad campaign to commemorate the 30th anniversary of its iconic “Just Do It’ motto that features controversial former NFL quarterback Colin Kaepernick and a message that says “Believe in something. Even if it means sacrificing everything.” Justin Sullivan/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

“Believe in something. Even if it means sacrificing everything.”

Just do it.

This is Colin Kaepernick’s message to the entire world?


Where’d his hair go? Sacrificed it in the photo for a footwear company to use his face on their feet and the feet of the entire world?


To stay rich, because he doesn’t play football any more? So rather than work for the money at a real job, he hijacks football stadiums and flips his wig to sports fans, the military, law enforcement and white people?


And NIKE just paid him for that service. What is he going to do with all that money? Who is he going to give all that money to?


JUST DO IT?


Just do what, is my question and has always been my question. What pervert from Beaverton, Oregon thought that one up?


Just do what?


Whatever anybody is thinking they’d like to do when they encounter that slogan on another person?


Just do what?
  • kill someone?
  • rape someone?
  • steal someone’s car?
  • push someone into the street?
  • run someone down with your car?
  • spit in somebody’s food?
  • drug somebody’s drink?
  • scream fire in a theatre?
  • scream bomb in an airplane?
  • blow up a school?
  • plan a massacre?
  • put a suicide belt on?
  • blow up a stadium?
  • steal somebody’s shoes?
  • throw a dog off a building
  • set someone on fire?
  • eat somebody’s face?
  • smash a baby against the wall?

What? Just do what?

If it’s to do a good deed, then that needs to be interpreted – those who blow up buildings and people for religious or ideological reasons think they’re doing a good deed.

If it’s to show a kindness, then that doesn’t require sacrificing everything. It requires nothing that resembles a sacrifice.

I’ve been an animal rights activist for decades. I never sacrificed. I went without. There is a world of difference between the two.

NIKE is not responsible for what people do when they read or see that slogan > JUST DO IT.

Did Russia really make US citizens on social media vote for Donald Trump according to the democratic populace fueled by the democratic elite by paying for negative political ads regarding Hillary Clinton and the American democratic system of government? If the answer is yes, then NIKE will be held responsible in a court of law for all of the above.

Did Donald Trump becoming president really cause the entire membership of the democratic party to go off the rails and become hate mongers expressing a desire to destroy the American system of government as we know it, by denying half the populace the right to free speech and by undermining the executive, judicial and legislative branches of government? If the answer is yes, then NIKE will be held responsible in courts of laws all over the world for actions taken against individual people, other species, groups, nations and property based on that powerful slogan > JUST DO IT.

Note: There are a lot of loose ended people in the world with all kinds of hair dos, who will follow instructions when they are concisely communicated, as long as you don’t tell them HOW WHEN WHERE or for what reason to do it. But there’s only one fuzzy haired person hijacking stadiums for the purpose of disrupting a sport, a nation and a world for an extremely narrow agenda. The USA has unions to help workers address issues of unfair treatment in the work place – even for multi-millionaires.

It looks like the American black populace slept through 9-11. Guess they didn’t feel the horror that sticks like skin to the American white populace – to this day.

The American black needs to find it’s own soul, instead of hijacking the souls of their unsuspecting victims.

Ditch the slogan is my recommendation.


Ditch the slogan. JUST DO IT period.


Streamlined Clearance and Settlement Provides Added-Value for US Investors

Phivida Receives DTC Eligibility for OTCQX.PHVAF
Streamlined Clearance and Settlement Provides Added-Value for US Investors

VANCOUVER, B.C. – August 20th, 2018 – Phivida Holdings Inc. (“Phivida” or the “Company”) (CSE: VIDAOTCQX: PHVAF) has been awarded full DTC (Depository Trust Company) and CNS (Continuous-Net-Settlement) eligibility for its common shares that are listed for trading on the OTCQX® Best Market under the ticker symbol “PHVAF” in the United States.

The DTC manages the electronic clearing and settlement agency serving publicly traded companies in the USA. This electronic method of clearing securities speeds up the receipt of stock and cash and accelerates the settlement process. CNS is an automated book-entry accounting system, which centralizes the settlement of security transactions and maintains an orderly flow of security and money balances between market participants.

DTC eligibility allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the receipt of stock and cash for investors. CNS eligibility ensures all DTC eligible trades and cash balances are centralized, cleared and settled in an orderly and efficient manner. CNS eligibility also means that, if purchasing shares in the Canadian market (CSE: VIDA), DTC will guarantee delivery to the United States, and trades of foreign issuer shares (OTCQX: PHVAF) will be settled in USD for added value and convenience for prospective US investors.

Graduation to the OTCQX market provides added; value, service and convenience to US based investors, brokers and institutions seeking to trade “PHVAF”. DTC and CNS eligibility simplifies and accelerates settlement and is expected to enhance liquidity of the Company’s common shares on the OTC marketplace.

About Phivida Holdings Inc. 
Celebrating Health and Wellness, In Harmony™, Phivida’s mission is to lead the alternative health care sector as in premium cannabinoid infused foods, beverages and clinical products. Using encapsulation technology, phytocannabinoids are converted into water soluble delivery format, enhancing bioavailability, solubility and timed release within the body. Encapsulated cannabinoids are infused into functional beverages, foods and supplements with a proprietary blend of phytonutraceuticals studied to target a range of health conditions, from chronic pain to terminal diseases. The World Anti-Doping Association’s recent decision to lift its ban of CBD from hemp oil and the World Health Organization’s supports the clinical benefits of CBD worldwide.

Phivida is traded on the Canadian Securities Exchange as “CSE: VIDA, and on the OTCQX® Best Markets as “OTCQX: PHVAF”.

Investor Relations
Toll free:                        +1 (844) 744-6646 (ext. #2)
Email:                            IR@phivida.com
Website:                        www.phivida.com

Quick Facts:

 

10 Canadian Marijuana Stocks for Your Portfolio 

 

10 Canadian Marijuana Stocks for Your Portfolio

By Mrinalini Krishna | Updated August 3, 2018 — 9:13 AM EDT

Unlike its southern neighbor, Canada legalized medical marijuana nationwide back in 2001. That means that the industry has evolved a lot more and is not plagued with restrictions across state lines, as is the case in the United States, where there are 29 states (and Washington, D.C.), where pot is allowed for medical use.

Further, Canada introduced the Cannabis Act recently and the bill to legalize recreational pot use is expected to pass by July of 2018. Not so in the U.S., where the immediate future for legal weed is in question, after Attorney General Jeff Sessions overturned an Obama-era law that protected states choosing to liberalize legal marijuana laws.

While uncertainty prevails in the United States, investors could get a piece of the pot action by investing in Canadian stocks traded in the country in the over-the-counter (OTC) markets. Most of these stocks can be labeled as penny stocks, so any investment may carry a significantly higher risk component. Here’s a look at some of those companies…

FINISH READING: 10 Canadian Marijuana Stocks for Your Portfolio | Investopedia






 

Tesla short sellers raked in $1 billion after Elon Musk revealed his personal struggles in an eye-opening interview (TSLA)

Tesla short sellers raked in $1 billion after Elon Musk revealed his personal struggles in an eye-opening interview (TSLA)

Bryan Logan, Business Insider Sat, Aug 18 12:44 AM EDT

Tesla short sellers received a sizable payday hours after The New York Times published an eye-opening interview with an emotional Elon Musk, the electric-car company’s chief executive.

Investors betting against Tesla raked in about $1 billion on Friday, according to data from the analytics firm S3 Partners.

The Times’ interview with Musk came out late Thursday night. In it, Musk lamented the many personal and professional challenges he has faced in the past year.

Musk’s admissions come at a tumultuous time for Tesla, but the CEO predicted that the pain isn’t quite over yet.

Tesla short sellers received a sizable payday hours after The New York Times published an eye-opening interview with an emotional Elon Musk, the electric-car company’s chairman and CEO.

The investors betting against Tesla raked in about $1 billion on Friday, The Times reported, citing data from the analytics firm, S3 Partners. Shares of Tesla closed down nearly 9% on the day, and dropped close to 1% lower in after hours trading, landing at $303.05.

That means investors shorting Tesla on Friday recovered the majority of what they lost after Musk’s now-infamous August 7 tweet, in which he floated the idea of taking Tesla private. On that day, the company’s stock rose 11%, and siphoned roughly $1.3 billion out of short sellers’ pockets.

The Times’ interview featuring Musk came out late Thursday night. In it, Musk lamented the many personal and professional challenges he has faced in the past year. By Musk’s own admission, he has been burning it on all sides while Tesla struggles to crank out thousands of its first mass-market car, the Model 3 sedan.

Immense pressure has left the tech billionaire and serial entrepreneur drained, sleepless, and irritable, as evidenced by his recent erratic behavior, which has caused additional problems for the company.

Musk accurately predicted the pinch from Tesla’s shorts isn’t over yet. The CEO told The Times he expects “at least a few months of extreme torture from the short-sellers,” who he believes are intent on seeing Tesla fail…

Source: Tesla short sellers raked in $1 billion after Elon Musk revealed his personal struggles in an eye-opening interview (TSLA)






 

Tesla stock sinks after Musk gives tearful NYT interview 

 

Tesla stock sinks after Musk gives tearful NYT interview

Noel Randewich, Nivedita Balu (Reuters) – Tesla Inc’s (TSLA.O) shares slumped 9 percent on Friday after Chief Executive Officer Elon Musk told the New York Times he was under major emotional stress and was preparing for “extreme torture” from short sellers.Tesla stock was on track for its biggest daily slump in two years as Wall Street questioned Musk’s ability to lead the electric car maker.

Investors also were worried about reports that regulators were pressuring Tesla’s directors for details about how much information he shared with them.

Musk stunned markets last week with a tweet that he was considering taking Tesla private for $420 per share and that he had secured funding. The SEC has opened an inquiry related to his tweets, according to a person with direct knowledge of the matter.

The Times reported that efforts were underway to find a No. 2 executive to take pressure off Musk, who has struggled with production issues for Tesla’s key Model 3 sedan and has been criticized for behaving erratically on Twitter.“

This past year has been the most difficult and painful year of my career. It was excruciating,” Musk said in the hour-long interview, in which he reportedly choked up more than once…

FINISH READING: Tesla stock sinks after Musk gives tearful NYT interview | Reuters






 

After the biggest stock market sell-off in history, what’s next for Facebook? 

 

After the biggest stock market sell-off in history, what’s next for Facebook?

Social media giant posts big profit, but other numbers show potential long-term problems

Pete Evans · CBC News · Posted: Jul 28, 2018 4:00 AM ET | Last Updated: July 28

Facebook still earns massive profits, but the company learned a harsh lesson this week about managing investor expectations.

When Facebook posted its quarterly results on Wednesday, the stock market sell-off that followed was dramatic.

By the time the market closed the next day, the company had lost $100 billion in shareholder value.

It was the biggest sell-off in Wall Street history.

A market meltdown like that inevitably left the company’s investors wondering “What’s next for Facebook?”

 *Facebook should be liable for ‘fake news,’ British lawmakers say

*In privacy fight, we’re asking Facebook the wrong questions

After all, it wasn’t a set of ugly numbers that sent investors to the exit. The company still made gobs of money — more than $5 billion in profit, in fact. But the sell-off was sparked by fears that the endless growth may soon come to an end.

To Ramona Pringle, a CBC columnist and media professor at Ryerson University in Toronto, the company’s main problem is the same one that has felled many of its technological ancestors — you’re cool, until you’re not.

And to young people at least, the world’s biggest social media company is decidedly not.

“Talk to anyone under 22,” she says, “and they’re not on Facebook.”

FINISH READING: After the biggest stock market sell-off in history, what’s next for Facebook? | CBC






 

AT&T Chief Attacks Lawsuit to Block Time Warner Merger 

By Cecilia KangApril 19, 2018

WASHINGTON — AT&T’s chief executive, Randall Stephenson, on Thursday attacked the Justice Department’s lawsuit to block its merger with Time Warner, saying that a combined company would be no different from the Silicon Valley giants that make and distribute video content.

As the last witness for the defense in the Justice Department’s legal battle against AT&T’s $85.4 billion deal to buy Time Warner, Mr. Stephenson portrayed the 140-year-old phone giant as being in an existential crisis and in need of the deal with Time Warner to compete against tech companies.

He called the blockbuster merger a “vision deal” that would allow AT&T to better match up against Facebook, Amazon, Apple, Netflix and Google, which he referred to as “F.A.A.N.G.”

“The F.A.A.N.G. are all focused on premium video,” Mr. Stephenson said, comparing the proposed merger to the businesses of tech giants. “All of them are vertically integrated.”

The Justice Department sued to block the union of AT&T and Time Warner last November, saying it would hurt consumers who would likely see their monthly cable bills increase. The trial is being closely watched as a barometer of how the Trump Administration may treat mega-mergers, and for the implications of the case on antitrust policy and the entertainment landscape.

The trial is expected to wrap up in coming days after rebuttal arguments by the Justice Department and closing statements by both sides. Judge Richard J. Leon of the United States District Court for the District of Columbia, who is presiding over the case, is expected to make a decision on the suit as early as the end of May…

FINSH READING: https://www.nytimes.com/2018/04/19/technology/att-ceo-time-warner-merger.html?partner=IFTTT






 

Where’s the beef? For Impossible Foods it’s in boosting burger sales and raising hundreds of millions

Where’s the beef?

For Impossible Foods it’s in boosting burger sales and raising hundreds of millions

Jonathan Shieber,TechCrunch Tue, Apr 3 5:38 PM EDT

Any company that’s looking to replace the more than 5 billion pounds of ground beef making its way onto tables in the U.S. every year with a meatless substitute is going to need a lot of cash.

It’s a big vision with lots of implications for the world — from climate change and human health to challenging the massive, multi-billion dollar industries that depend on meat — and luckily for Impossible Foods (one of the many companies looking to supplant the meat business globally), the company has managed to attract big-name investors with incredibly deep pockets to fund its meatless mission.

In the seven years since the company raised its first $7 million investment from Khosla Ventures, Impossible Foods has managed to amass another $389 million in financing — most recently in the form of a convertible note from the Singaporean global investment powerhouse Temasek (which is backed by the Singaporean government) and the Chinese investment fund Sailing Capital (a state-owned investment fund backed by the Communist Party-owned Chinese financial services firm, Shanghai International Group).

“Part of the reason why we did this as a convertible note is that we knew we would increase our valuation with the launch of our business,” says David Lee, Impossible Foods chief operating officer. “We closed $114 million in the last 18 months.” The company raised its last equity round of $108 million in September 2015.

Lee declined to comment on the company’s path to profitability, valuation or revenues.

Impossible began selling its meat substitute back in 2016 with a series of launches at some of America’s fanciest restaurants in conjunction with the country’s most celebrated young chefs.David Chang (of Momofuku fame in New York) and Traci Des Jardins of Jardiniére and Chris Cosentino of Cockscomb signed on in San Francisco, as well as Tal Ronnen of Crossroads in Los Angeles.”When we launched a year ago, we were producing out of a pilot facility,” says Impossible co-founder Pat Brown. [Now] we have a full-fledged production facility producing 2.5 million pounds per month at the end of the year.”

The new facility, which opened in Oakland last year, has its work cut out for it. Impossible has plans to expand to Asia this year and is now selling its meat in more than 1,000 restaurants around the U.S.Some would argue that the meat substitute has found its legs in the fast-casual restaurant chains that now dot the country, serving up mass-marketed, higher price point gourmet burgers. Restaurants including FatBurger, Umami Burger, Hopdoddy, The Counter, Gott’s and B Spot — the Midwest burger restaurant owned by Chef Michael Symon — all hawk Impossible’s meat substitute in an increasing array of combinations.

“When we started looking at what Pat and the team at Impossible was doing we saw a perfect fit with the values and mission that Impossible has to drive a stronger mindset around what it is to be conscientious about what is going on,” says Umami Burger chief executive Daniel del Olmo.Since launching their first burger collaboration last year, Umami Burger has sold more than 200,000 Impossible Burgers. “Once people tried the burger they couldn’t believe that it was not meat,” says del Olmo. “They immediately understood that it was a product that they could crave. We are seeing 38 percent increase in traffic leading to 18 percent sales growth [since selling the burger].

“At $13 a pop, the Impossible Umami Burger is impossible for most American families to afford, but pursuing the higher end of the market was always the initial goal for Impossible’s founder, Patrick Brown.

A former Stanford University professor and a serial entrepreneur in the organic food space (try his non-dairy yogurts and cheeses!), Brown is taking the same path that Elon Musk used to bring electric vehicles to the market. If higher-end customers with discerning palates can buy into meatless burgers that taste like burgers, then the spending can subsidize growth (along with a few hundred million from investors) to create economics that will become more favorable as the company scales up to sell its goods at a lower price point.

Brown recognizes that 2.5 million pounds of meat substitute is no match for a 5 billion-pound ground-beef juggernaut, but it is, undeniably, a start. And as long as the company can boost sales for the companies selling its patties, the future looks pretty bright. “To get to scale you have to sell to a higher price-point,” says Brown.That approach was the opposite tack from Beyond Meat, perhaps the only other well-funded competitor for the meatless crown. Beyond Meat is selling through grocery stores like Whole Foods, in addition to partnerships of its…

FINISH READING: Where’s the beef? For Impossible Foods it’s in boosting burger sales and raising hundreds of millions







 

WeedMD and Phivida To Enter Into Joint Venture for Cannabis-Infused Beverages

WeedMD and Phivida To Enter Into Joint Venture for Cannabis-Infused Beverages

CanBev Inc. positioned to become the premiere cannabis-infused bottling plant in Canada.

Toronto, Canada and Vancouver, Canada, March 8th, 2018  WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE) (“WeedMD”), a federally licensed producer and distributor of medical cannabis and Phivida Holdings Inc. (CSE:VIDAOTC:PHVAF) (“Phivida”), a premium brand of cannabidiol (“CBD”) infused functional beverages and clinical health products, are pleased to announce the signing of a letter of intent (“LOI”) to form a joint venture focused on cannabis-infused beverages. The new joint venture company, Cannabis Beverages Inc. (“CanBev”), plans to develop a production facility at WeedMD’s state-of-the-art greenhouse in Strathroy, Ontario. …

FINISH READING: Free Email Addresses: Web based and secure Email – mail.com






 

Phivida Appoints Former Red Bull President as CEO

Phivida Appoints Former Red Bull President as Chief Executive Officer

VANCOUVER, B.C. — February 28th, 2018 — Phivida Holdings Inc. (“Phivida” or the “Company”) (CSE: VIDA; OTCMKTS: PHVAF) has appointed Mr. James Bailey as the new Chief Executive Officer (CEO), commencing March 19th, 2018.  As former President of Red Bull Canada, Mr. Bailey stewarded the development of an entirely new category of alternative beverages, an experience which lends great value to Phivida as it prepares to launch into the global market.

Mr. Bailey will be responsible for building Phivida into an internationally recognized brand and replicating his success with building a new alternative beverage sector at Red Bull.

Mr. Bailey also brings proven executive leadership and extensive expertise in brand marketing and athletic endorsement for multinational consumer brands. Under his leadership, Mr. Bailey established Red Bull as the national brand leader in its category and grew annual sales revenue from $0 to over $150 million.

In addition to Red Bull, Mr. Bailey also served as the Chief Marketing Officer for Merrell Outdoors and has senior executive experience with Adidas and Salomon ski equipment…

FINISH READING: Phivida Appoints Former Red Bull President as CEO






 

Coca-Cola sales plunge as drink maker sheds bottling biz

ATLANTA (AP) — Coca-Cola swung to a fourth-quarter loss after being hit with a $3.6 billion tax charged tied to a sweeping overhaul of the nation’s tax laws.

Revenues also plunged as the world’s largest drink maker sells off its bottling operations. Industry analysts have anticipated both as the company reshapes operations, and shares headed higher in early trading Friday.

“We achieved or exceeded our full year guidance while driving significant change as we continued to transform into a total beverage company,” said CEO James Quincey. “While there is still much work to do, I am encouraged by our momentum as we head into 2018.”

The Atlanta company reported a loss of $2.75 billion, or 65 cents per share. Earnings, adjusted for one-time gains and costs like the tax hit, came to 39 cents per share, which was a penny better than analysts had expected, according to a survey by Zacks Investment Research…

FINISH READING: Coca-Cola sales plunge as drink maker sheds bottling biz






 

U.S. food distributors allege Tyson Foods, rivals fixed chicken prices

U.S. food distributors allege Tyson Foods, rivals fixed chicken prices

Tom Polansek

CHICAGO (Reuters) – Top U.S. food distributors Sysco Corp and US Foods Holding Corp have joined retailer Winn-Dixie Stores [BILODW.UL] and other poultry buyers suing the country’s biggest chicken processors for allegedly conspiring to inflate prices.

REUTERS/Carlo Allegri

The distributors sued companies including Tyson Foods Inc, Pilgrim’s Pride Corp, Sanderson Farms Inc and Perdue Farms in separate complaints filed in federal court in Illinois on Tuesday.

The U.S. chicken sector, which is dominated by these large meat processors, has come under increased scrutiny in recent years as customers and farmers have alleged antitrust violations relating to pricing, production and compensation.“This is a case about how a group of America’s chicken producers reached illegal agreements and restrained trade,” the lawsuits from Sysco and US Foods said.

Tyson, the biggest U.S. chicken company, and Pilgrim’s Pride denied the allegations on Wednesday. Sanderson Farms said it will defend itself against the claims. Privately held Perdue declined to comment.U.S. poultry buyers previously claimed in a 2016 lawsuit that Tyson and its competitors had colluded since 2008 to reduce output and manipulate prices. Winn-Dixie, which operates grocery stores throughout the southeastern United States, sued the chicken companies earlier this month.“We expect the industry to fight the allegations and come out successful,” Mizuho analyst Jeremy Scott said.

Sysco and US Foods allege processors curbed the supply of chickens by colluding to limit breeder birds that produce flocks that are ultimately slaughtered for meat consumption.

Data provider Agri Stats participated in the conspiracy, according to the lawsuits, by distributing information about chicken production that gave processors insights into rivals’ supplies. Agri Stats, which the complaints say is a subsidiary of Eli Lilly & Co, did not immediately respond to a request for comment…

FINISH READING: U.S. food distributors allege Tyson Foods, rivals fixed chicken prices






 

Tyson Invests in Cultured Meat Maker Memphis Meats

Tyson Invests in Cultured Meat Maker Memphis Meats

By Dave Fusaro, Editor in Chief

Jan 31, 2018

Tyson Ventures, the venture capital arm of Tyson Foods, revealed on Jan. 29 it has invested an unspecified amount in Memphis Meats, one of the startup companies creating “cultured meat,” produced directly from animal cells.

“The investment is an example of Tyson Foods’ commitment to explore innovative, new ways of meeting growing global demand for protein,” the company said in a statement.

While the terms were not disclosed, Tyson Foods investment represents a minority stake in the business. Tyson joins a diverse group of investors in Memphis Meats, including DFJ, Atomico, Cargill, Bill Gates and Richard Branson.“We’re excited about this opportunity to broaden our exposure to innovative, new ways of producing meat, especially since global protein demand has been increasing at a steady rate,” said Justin Whitmore, executive vice president of corporate strategy and chief sustainability officer of Tyson Foods. “We continue to invest significantly in our traditional meat business, but also believe in exploring additional opportunities for growth that give consumers more choices.”

FINISH READING: Tyson Invests in Cultured Meat Maker Memphis Meats

Cultured Meat Info > http://www.futurefood.org/in-vitro-meat/index_en.php

Memphis Meats > http://www.memphismeats.com/






 

Hemp-infused Iced Tea Now Available

Hemp-infused Iced Tea Now Available

Phivida Holdings Inc. is rolling out a line of single-serve functional iced teas.

All of the company’s products are designed for those seeking cannabinoid-based functional benefits without the psychotropic side effects of tetrahydrocannabinol from marijuana.

This is accomplished through the use of hemp-derived cannabinoids, which enable the products to be eligible for sale across the U.S.

The new 16-oz. ready-to-drink teas come in three flavors: green tea mint, lemon ginger and peach passionfruit. Low in sugar, the drinks are sweetened with agave, monk fruit extract and stevia. They are made with nanoencapsulated organic hemp extract containing up to 25mg of naturally occurring phytocannabinoids.

This format maximizes the body’s ability to absorb the orally ingested cannabinoids, according to the company’s development team, which includes naturopaths, nutritionists and food scientists.

The drinks are designed for gut health and contain a proprietary organic phytonutraceutical blend inspired by ancient eastern traditions of Ayurvedic plant medicine. The blend includes L-alanyl-L-glutamine, organic Indian gooseberry, ashwagandha root and leaf extract, coconut water powder, resveratrol, and a vitamin and mineral complex.

The drinks are vegan, free of soy and gluten, and made with all non-GMO ingredients.

FINISH READING: Hemp-infused Iced Tea Now Available

Phivida Holdings Inc. > https://phivida.com/






 

A World Without Coffee?

A tenacious fungus is threatening the global coffee supply. Can genetics save our morning cup?

A World Without Coffee?

I write about biology and nanotechnology. Opinions expressed by Forbes Contributors are their own.

If you’re drinking a good cup of coffee as you read this, take a moment to savor it. Hug the cup, if you’re so inclined. After all, coffee may not always be so easy to come by.

Coffee rust is a significant problem in almost every coffee growing region in the world, and in recent years, countries in Central and South America have been hit particularly hard. One of these is Colombia, which cultivates around one million hectares of coffee plants to produce more than 65,000 tons of coffee each year. Consequently, Colombia is one of the biggest coffee producers in the world.

Colombia’s primary coffee crop is the highly valued Coffea arabica. Indeed, Arabica beans are the most popular and widely consumed type of coffee in the world. The combined global production of Arabica accounts for around 70% of the world’s coffee.

Unfortunately, it’s not just coffee drinkers who like it. A particular species of Coffee Leaf Rust (CLR) also has an affinity for C. arabica, and with devastating effect.

Coffee producer Adrian Hernandez looks at a plant infested with the coffee-eating fungus roya, at his farm Altamira, in Barva Heredia, Heredia, 17 km north of San Jose, on August 25, 2015. Hernandez does not remember a year as dry as this one and says that only a rigorous management plan has allowed him to stay afloat. Coffee growers in Central America are having to adapt to global warming, including high temperatures and drought, as well as fighting the fungus known as roya, in order to keep in the business. The fungus, hemileia vastatrix, which began to spread in 2012 due to a lack of preventive measures and the effects of climate change, discolors and dries up coffee leaves, an effect that also gives roya the name of ‘leaf rust.’ AFP PHOTO / EZEQUIEL BECERRA (Photo credit should read EZEQUIEL BECERRA/AFP/Getty Images)

 What are rust fungi?

They are notorious plant pathogens that disrupt the growth and reproduction of healthy plants. The airborne spores make infection hard to control. Once rust has entered a region, it’s incredibly hard to get rid of.

Read On: A World Without Coffee?






 

Jane West’s New Marijuana Product Line Might Be A Game Changer For Women

If we had to pinpoint one characteristic that stands out in Jane West,it would be her attention to detail. After all, being an events organizer, details are central to standing out among the crowd.

Jane transitioned from a successful career in traditional events organization to the marijuana industry four years ago and has since rarely looked back with regret, even though she was fired from a $90,000-a-year job and been charged with six crimes just for participating in the cannabis space.

Over this period, Jane launched a company of consumption-friendly cannabis events organization; founded Women Grow, one of the largest and most influential organizations in the marijuana industry; collaborated in the design of a glass, weed products line with GRAV, generating millions in revenue; and created her own line of branded products, which now sell under the Jane West brand.

“Everything I’ve accomplished, I’ve accomplished over a short four years time span. I think that really speaks to the opportunity that the cannabis industry offers,” West told Benzinga during a recent conversation.

If we had to pinpoint one characteristic that stands out in Jane West, it would be her attention to detail. After all, being an events organizer, details are central to standing out among the crowd.

Jane transitioned from a successful career in traditional events organization to the marijuana industry four years ago and has since rarely looked back with regret, even though she was fired from a $90,000-a-year job and been charged with six crimes just for participating in the cannabis space.

Over this period, Jane launched a company of consumption-friendly cannabis events organization; founded Women Grow, one of the largest and most influential organizations in the marijuana industry; collaborated in the design of a glass, weed products line with GRAV, generating millions in revenue; and created her own line of branded products, which now sell under the Jane West brand.

“Everything I’ve accomplished, I’ve accomplished over a short four years time span. I think that really speaks to the opportunity that the cannabis industry offers,” West told Benzinga during a recent conversation…

Finish reading: Jane West’s New Marijuana Product Line Might Be A Game Changer For Women






 

Kraft Heinz Sells Oscar Mayer Plant to Reich Bros.

The Madison, Wis., plant made hot dogs, cold cuts and Lunchables products; Reich Brothers specializes in acquiring turnkey manufacturing plants.

 

Kraft Heinz Sells Oscar Mayer Plant to Reich Bros.

By Lauren R. Hartman, Product Development Editor

Oct 23, 2017

The Kraft Heinz Co., Chicago, and Reich Brothers Holdings, LLC., White Plains, N.Y., have completed an agreement by which Reich Brothers will purchase a former Oscar Mayer facility in Madison, Wis.

Kraft Heinz closed the factory in June 2017 after an extensive review of its North American supply chain footprint, capabilities and capacity utilization. Oscar Mayer hot dogs, cold cuts and Lunchables previously produced in Madison were transitioned to other Kraft Heinz facilities in the U.S.

“We’re pleased to announce that Reich Brothers has agreed to purchase the historic Oscar Mayer facility,” said Michael Mullen, senior vice president of corporate and government affairs at Kraft Heinz. “… Oscar Mayer is a special brand, and remains an important and successful part of the Kraft Heinz portfolio. We will always be grateful to Madison and the dedicated employees whose work contributed to this brand’s wonderful history over the years.”

Reich Brothers specializes in acquiring turnkey manufacturing plants and provides for the bulk purchase of equipment packages and monetization through auction sales.

The property is an integral part of Madison’s history, noted Adam Reich, co-CEO of Reich Brothers Holdings, LLC. “We understand the importance of the facility and the impact that its closing has had on the area. We look forward to repositioning it for future use, taking into account the values, desires and needs of the community. We will work closely with local officials to achieve these goals.”

Finish reading: Kraft Heinz Sells Oscar Mayer Plant to Reich Bros.





 

Twitter (TWTR) Increases Character Limit for Tweets to 280

Twitter (TWTR) Increases Character Limit for Tweets to 280

Zacks Equity Research November 10, 2017

Recently, Twitter Inc. (TWTRFree Report) rolled out a 280-character limit for tweets, doubling it from the traditional 140 limit, in an attempt to make tweeting easier for people and to enable them to express more in a tweet.

The company has been testing the feature in a small group of users since September.

The character expansion has been made across all languages except Chinese, Korean and Japanese. Per Twitter, these three Asian languages convey more information in a single character compared to others and that is why they have not been considered for the increase.

Notably, shares of Twitter have gained 22.1% year-to-date, underperforming the industry’s gain of 28.5%.

Twitter (TWTR) rolls out a 280-character limit for tweets in order to enable users better express themselves…

Finish reading: Twitter (TWTR) Increases Character Limit for Tweets to 280






 

Marijuana social media company Massroots is making a big bet on software

(Compliance is a huge problem facing cannabis companies.REUTERS/Andres Stapff)

Massroots, a technology platform for cannabis consumers, is acquiring CannaRegs in a stock deal for $12 million, multiple sources told Business Insider on Wednesday.

The acquisition allows MassRoots to become a one-stop shop for cannabis businesses to connect with customers and ensure they’re in compliance with all state and federal regulations, Massroots CEO Isaac Dietrich told Business Insider in a phone call on Wednesday.

The acquisition is part of a larger push to consolidate Massroots’ business-to-business offerings. Massroots, founded in 2013, is a user-driven social media platform for marijuana consumers. The company is now seeking to expand its software services.

It “expands MassRoots’ compliance offerings, consolidating the most important operations for cannabis businesses into one central platform,” Dietrich said.

CannaRegs, started in 2014 by Amanda Ostrowitz, a former Federal Reserve regulator and licensed attorney, is a subscription-based service that provides businesses access to all local, state, and federal cannabis-regulations.

Dietrich notes that CannaRegs is cash-flow positive and debt-free, and it’s one of the few cannabis companies with majority-female leadership…

Finish reading: Marijuana social media company Massroots is making a big bet on software






 

Corbion Wins Court Approval to Buy TerraVia for $20 Million

5:03 pm ET September 15, 2017 (Dow Jones) Print
By Peg Brickley

Netherlands-based biotechnology company Corbion NV has won approval to pay $20 million for TerraVia Holdings Inc., once a highflying pioneer that promised to transform algae into fuel.

Judge Christopher Sontchi approved the sale at a hearing Friday in TerraVia’s bankruptcy case. Approval from the judge clears the way for Corbion to add TerraVia’s algae-based technology to a portfolio that includes products to prevent food spoilage and chemicals derived from sustainable sources.

TerraVia’s aspirations to become a biofuels giant never panned out. The San Francisco-area company struggled to get its algae-based consumer business into successful commercial operation.

After going public in 2011, TerraVia stacked up losses, ringing up an accumulated deficit of $734 million as of the end of March, according to a filing with the Securities and Exchange Commission. TerraVia’s stock was delisted after the Aug. 2 bankruptcy filing.

Once known as Solazyme and backed by Sir Richard Branson and other advocates of clean technology, or clean tech, TerraVia gained ground as a promising startup intent on delivering biofuel made from algae. It also became a food, nutrition and specialty-ingredients company, developing algae-based products for consumer use. Last year, TerraVia switched to focus on the food and consumer lines of business.

By the time it filed for bankruptcy in August, TerraVia was low on cash, having failed to rapidly commercialize and profit from its algae-based food product lines. It had a “stalking horse” offer from Corbion for the bulk of its business, and other contenders that showed up at a bankruptcy auction failed to beat Corbion’s offer.

TerraVia raked in significant tax dollars in its clean tech heyday, a factor that snarled Friday’s sale hearing in the U.S. Bankruptcy Court in Wilmington, Del. The U.S. government backed Solazyme’s technology with contracts and grants, and the company did work for the Energy Department and the Defense Department.

Justice Department lawyer Ellen Slights protested that it was difficult for the government to make sure contracts that implicate U.S. federal interests weren’t on the list of assets being sold.

Corbion had agreed to leave behind any U.S. government-related contracts, but Ms. Slights said sorting through TerraVia’s research and development pacts to ascertain whether federal interests were tied up in them was a challenging task. TerraVia inserted a clause providing that any agreement with federal interest wouldn’t be included in the deal.

Last year, TerraVia sold 80% of its Algenist cosmetic and skin-care brand to Tengram Capital Partners for $18.8 million, plus stock. At the auction, Tengram picked up the 20% TerraVia still owned, for $900,000.

Sale proceeds will fall far short of the more than $170 million TerraVia owes bondholders. Once the sales are closed, TerraVia will file a chapter 11 plan setting out how its assets will be distributed among creditors.

Write to Peg Brickley at peg.brickley@wsj.com

(END) Dow Jones Newswires

September 15, 2017 17:03 ET (21:03 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.