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Paraguay will start producing and selling marijuana for medical purposes

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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.

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As US Dollar Drops, Vextrader Keeps Investors Ahead of the Curve

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Vextraders managed funds programs and innovative software have helped investors navigate the recent drops of the US Dollar following NFP and ADP releases.

BELIZE – With the release of new ADP and NFP reports this past week, forex investors have faced a reality check. Although the NFP report included a mix of indications for the future, investors were disappointed by the job creation report, which came in below the ADP forecast. The NFP reported 559,000 new jobs created in May, and the difference between this and the ADP’s predictions reflected the difficulty that companies have faced in hiring workers after the shifts of the pandemic.

In the near future, the US dollar may experience a short-term bottom. This may also be affected by the ECB decision and CPI report coming up this week. The last month’s CPI prompted concerns about a short-term inflation spike, but the Fed reassured investors that this will be a transitory phenomenon.

As uncertainty remains in the US Dollar indicator, Vextrader is helping investors anticipate new developments and manage their investments accordingly. Vextrader offers customers access to expert financial advisors, as well as state-of-the-art investing technology that provides quality trading solutions. Vextrader allows investors to adapt their strategies to developments like the recent changes in the dollar through a variety of risk-management strategies including long-term investments and diversification of investments beyond the forex market. 

About Vextrader

Vextrader was established in 2011 and has since become a global leader in forex trading. They work with major players in the financial industry and have over 20 years of experience in financial quantitative analytics and trading. They offer a variety of options for individuals, companies, and financial institutions, including investing tools, managed programs, and automated trading solutions.

More information on Vextrader and its services is available on the Vextrader website.

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Business Blurb Founder Brendan Cox Talks Social Media, His New Book And The Future of Influencers

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If you haven’t heard of Brendan Cox, you most likely have heard of Business Blurb. Cox founded the company alongside entrepreneur turned influencer Devin Caherly early last year. According to a Forbes interview, Business Blurb is solving “the gap between actual news and what gets said on social media.” The New Jersey based media company has been compared to a modern day “Forbes” targeted at Gen Z by various publications.

What’s next for Business Blurb:

When asking Brendan about the future of Business Blurb he told us, “Funny enough – I couldn’t give you a definite answer for the future of Business Blurb. We are a media start-up and with the social media industry changing so fast it’s hard to see where we will be in 5 years.” He gave us some insight on some of the futuristic projects that they are working on that cater heavily to the Gen-Z audience, “Our text-line is essentially a news aggregator that texts you the top 5 trending business headlines every morning. Our team understands the power of text marketing in comparison to email marketing and we wanted to hone in on instant reach, fast open-rates, and legitimate engagement.”

You recently launched a new book, tell us about it:

Cox recently launched his new book ‘365 Days of Social Posts For Real Estate Agents’ which is a social media marketing book targeted towards real estate agents. Cox explained his motivation behind the book, “I genuinely noticed a need for content ideas and strategy amongst real estate agents.” He continued, “Through my social media agency, Cox Visuals I work behind the scenes of business owners and realtors and this opened my mind to the concept behind this book. So many forward-thinking agents understand the power of building a digital footprint across various platforms but aren’t sure where to start or what to post, and this is exactly what my new book guides agents through.”

What does the future of influencer marketing look like:

Along with founding Business Blurb, Cox’s day-to-day is his social media agency, Cox Visuals. Cox works alongside both businesses and influencers to help them leverage the power of social media. Cox told us, “We help influencers understand the full potential of their platforms through delivering brand marketing and social media expertise that will cultivate growth and monetization opportunities.”

We hope to be able to keep you in the loop with his future endeavors here but also make sure to connect with him on Linkedin and Instagram. If you want to check out his latest book, grab a copy of ‘365 Days of Social Posts For Real Estate Agents’ on Amazon.

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BUGAEV ISLAM RUSLANOVICH: Entrepreneur turned influencer

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Bugaev Islam Ruslanovich is a social media Influencer, Tiktoker, Blogger, and a media influencer. Bugaev is super active on Instagram and Tiktok. He makes hilarious content with help of his wife and his child.

His content is becoming more popular in Tiktok and Instagram. Ruslanovich was born on 21.09.1999. He does wide range of content mostly fun videos. In one of the video he and his friends play basketball where if the ball doesn’t fall in basket then they hit the cream. Dance moves done by him are funny and attracts the youth very well.

Bugaev plays wide range of sports. The most funniest part of his videos is locking up his wife locking up his pant with a big lock. All the other videos of his also popular and has many views. His comics are elevating and will always make us giggle all the time. He has a following of about 2.3 Million and still counting in a very less span. His posts are interactive and creative with relatable ideas. His constituency in tiktok has garner him in a different place and reputation.

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