Companies will soon be able to obtain licenses for the production and sale of cannabis plants for medical purposes in Paraguay. World High Life Plc. (NEX: LIFE)is looking to benefit from the European market
2% of all received marijuana will go to the Ministry of Health, after that patients in need will get it for free. In particular, the drug will facilitate the condition of patients with epilepsy and Parkinson’s. In 2017, a law launched a national program in Paraguay. The program is about the use of cannabis herb and its derivatives for medical purposes. At the same time, the State began to procure cannabis oil for medical purposes.
The use of cannabis as a drug is legal in Argentina, Chile, Colombia, Mexico, Peru, and Puerto Rico. In Bolivia, Costa Rica and Ecuador, personal use is ok, but with restrictions.
Uruguay is the first country in the world to legalize the sale, use, and cultivation of cannabis herb.
Paraguay’s Congress passed a bill creating a state-sponsored system
Paraguay’s congress has passed a bill making it possible to import marijuana seeds and grow the plant for medical uses. A decision that follows the trends set by other countries in Latin America.
The landlocked South American nation had authorized the importing of cannabis oil in May under the control of the health ministry. Patients celebrated Tuesday’s decision for making it more readily available.
“We are very happy because this will also allow for the import of seeds for oil production,” said Roberto Cabanas, vice president Paraguay’s medicinal cannabis organization. His daughter has Dravet syndrome and the family was paying $300 a month for imported cannabis oil.
Peru, Chile, Argentina, and Colombia had already legalized marijuana for medical purposes. Uruguay has fully legalized growing and selling marijuana for any use.
The health ministry will sign the bill by the executive soon. Growing marijuana for recreational purposes in Paraguay is illegal, yet the country is a key source of illegal marijuana trafficked into Brazil and Argentina.
Paraguay’s booming marijuana export traffic attracting gangs and violence
Paraguay is a global marijuana powerhouse: The small South American country produces 9 percent of the world’s supply. But until recently, it wasn’t common to see drug raids or hear helicopters thumping overhead in search of plantations. That’s all changing.
Last June, Brazilian gang members killed Paraguay’s most prominent crime lord. He left behind a burgeoning marijuana and cocaine empire that is quickly becoming one of South America’s biggest drug-trafficking headaches, and the fight to control that trade is proving far more vicious than Paraguayan officials anticipated.
With thousands of square miles of farmland, Paraguay has a stable, agriculture-based economy – and the world’s fourth-largest crop of marijuana.
The investment company World High Life (NEX: LIFE)has recently made moves to acquire Britain’s top hemp producer, Love Hemp, in a transaction involving all shares valued at 9 million GBP.
WHL plans to help Love Hemp expand into other European markets, starting with Germany in 2020. Love Hemp produces a variety of CBD products such as sprays, vapes, oils, edibles, CBD-infused beverages, and cosmetics, and sells its products in 1,200 UK high street stores. The European medical cannabis market is predicted to be one of the most valuable in the world and will key a key export destination for Latin American countries.
Even so, Paraguay has traditionally lacked the rampant violence and corruption that has allowed expansive drug-trafficking organizations to take hold in other parts of South America. But its porous borders and central position on the continent, among other factors, have begun to attract increasing attention from major drug gangs.
Less than one percent of Paraguay’s population consumes marijuana, according to the country’s National Anti-Drug Secretariat, or SENAD. Viewing it instead as a high-risk, high-reward cash crop with a better yield than soybeans, one of the country’s main legal exports. That means nearly all of the marijuana grown in Paraguay enters the international black market, SENAD said.
Officials there said about 20 percent of Paraguay’s marijuana export to south Uruguay, Argentina, and Chile. Each country’s main supply of the drug – or west to Bolivia. The other 80 percent crosses the border to Brazil. Various gangs purchase it and distribute it throughout the country.
Ford’s market cap tops $100 billion for the very first time
Ford Motor’s market value topped $100 billion for the first time ever as the automaker’s stock hit a new 52-week high Thursday.
The organization’s shares hopped Thursday by as much as 5.7% to $25.87, hitting another 20 or more year high, prior to shutting at $25.02 a share, up 2.3%. Its fairly estimated worth dropped to $99.99 billion.
The additions have been energized by Ford’s plans to build production of electric vehicles, including the Mustang Mach-E crossover and an upcoming electric version of its bestselling F-150 pickup that is expected out this spring. The efforts are part for a Ford+ turnaround plan led by CEO Jim Farley, who assumed control over the helm in October 2020.
Ford’s presently worth more than crosstown adversary General Motors, at about $90 billion, as well as electric vehicle start-up Rivian Automotive, at $72 billion, which has failed to support acquires following a blockbuster IPO in November. Ford proceeds to altogether trail Tesla, which has a market cap of more than $1 trillion.
The automaker is evaluated overweight with a value focus of $21.83 an offer, as indicated by a normal of 22 examiners arranged by FactSet. Be that as it may, not all Wall Street examiners haven’t totally gotten tied up with Ford’s turnaround.
“The stock market’s attraction to the Ford EV story continues to take us by surprise,” Morgan Stanley analyst Adam Jonas told investors in a Thursday note called “Ford Market Cap Crosses $100bn: What’s In the Price?”
Morgan Stanley’s value focus for Ford is $12 an offer. Its bull case for the stock is $25 an offer, as indicated by Jonas.
“Ford’s share price movement is impressive and management deserve credit for changing the strategic narrative, triggering a re-rating,” Jonas said. “However, at this juncture, we believe the risks facing Ford and the sector are rising faster than the opportunity.”
Jonas refered to worries including the auto industry’s historically cyclical nature returning, challenges in scaling EV production and more competitive and engaging EVs entering the market against Ford.
Humble Beginnings to Raising millions
Naseeb Abbas, Also known as Prince Naseeb, a dedicated humanitarian aid worker and a talented faith inspired singer has raised a staggering total of £500,000.00 together on a personal Justgiving page in addition raised an estimate of £3,000,000 collectively in a 3 year period with the generous support of his faithful following gained by the widespread appreciation of his vocal talents.
With a following of nearly 60,000 on all social media platforms collectively, Naseeb has become somewhat of a household named and this together with his transparency on social media has led to thousands of people entrusting him with their charitable donations.
In the past he has worked closely with many reputable charities, including Human Relief Foundation with whom he undertook his first deployment to Jordan in June 2017. Adam Kelwick, International Fundraiser at Human Relief Foundation has previously described Naseeb as being ‘extremely likeable and humble, despite his many talents.’
The suffering and anguish of people that he saw in Jordan has led to his deployment to several other countries including Bangladesh, Yemen, Burma and Pakistan to hand deliver aid to thousands of more people.
Naseeb is currently working with Kashmir Orphan Relief Trust (KORT), a charity which provides for the needs of hundreds of orphan children in his hometown of Mirpur, Azad Kashmir as well as serving humanity in and around Pakistan.
He plays a fundamental part in raising funds for the charity through his various social media platforms and hopes to continue working in close association with KORT to serve humanity and help provide a safe and loving environment for the children in their care.
You have the power to shape your own luck says entrepreneur Mark Lachance
For many of us, life can feel like a never-ending cycle of hard work with little reward. Author-entrepreneur Mark Lachance’s new book “The Lucky Formula” offers a way out. In his book, he lays out the formula for attracting good fortune in both business and personal life by harnessing the power of luck. The book includes personal anecdotes and teaches readers how to use a variety of techniques such as visualization and meditation in order to attract success; all with an emphasis on keeping things positive.
With the goal of helping readers create their own luck, this book shares stories on how certain events in his past led him to unlock secrets for bringing success into one’s career path – all while revealing the misfortunes and trials he faced along the way.
Mark Lachance has been making waves in the social media marketing world for years now. He’s a pioneer of this niche, with a career that would inspire any rookie or contemporary to try their hand at entrepreneurship. His story is one that encompasses both passion and tenacity, as he has been in the trenches but always comes out on top.
His early years as a sports agent served him well, giving him insight into the world of branding and marketing. His time spent working with companies helped shape his ideas for entrepreneurship – launching multiple successful businesses under Mark’s belt including Maxy Media the number 1 digital marketing powerhouse in Canada when it comes to monthly spend on Tiktok.
Mark was living the dream. He had it all- until he lost everything. A few bad decisions led him into debt and depression, but this man refused to give up on himself or his dreams. When Mark found out that he could no longer pay his rent, he woke up one morning with a plan to start over from scratch. That day marked the first of many days that would lead him back into success.
For anyone who is down in the dumps, don’t give up hope. You are stronger than you think. Keep fighting through life’s struggles and see it through.
And if you’re interested to see the same success and attract more luck in your life, grab a copy of his upcoming book, The Lucky Formula, and learn how you can stack the odds in your favor and cash in on success. You can start with calculating your Lucky Score. Simply go to TheLuckyFormula.com/Quiz to calculate your ability to attract Luck and Success.
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