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Body of missing man located in Sydney CBD

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A man reported missing from Sydney’s CBD has been located deceased.

The 21-year-old man left his home in Marsden Park on Wednesday (25 November 2020) and was last seen at a Sydney hotel around 4pm on Thursday (26 November 2020).

Officers from Sydney City Police Area Command were notified and commenced inquiries to locate him.

As part of inquiries, police conducted a search operation at Cockle Bay about 10am today (Saturday 28 November 2020), and a man’s body was retrieved from the water.

While the body is yet to be formally identified, it is believed to be that of the missing man.

Inquiries into the incident continue, however his death is not being treated as suspicious.

Police would like to thank the public and the media for their assistance.

A report will be prepared for the information of the coroner.

Anyone with information about this incident is urged to contact Crime Stoppers: 1800 333 000 or https://nsw.crimestoppers.com.au. Information is treated in strict confidence. The public is reminded not to report information via NSW Police social media pages.

/Public Release. The material in this public release comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here.

Source: https://www.google.com/url?rct=j&sa=t&url=https://www.miragenews.com/body-of-missing-man-located-in-sydney-cbd/&ct=ga&cd=CAIyGjQ2MzM1ZTBkNWQyZmIyYzc6Y29tOmVuOlVT&usg=AFQjCNHOp_lXbGdeA9BXu1thr7K2utyM_Q

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A Cannabis Grower’s Advice On Choosing The Right Strain

Editors Note: This is a guest post. If you have just started your journey with cannabis, the choice of the right strain will be the most overwhelming part. You will be surprised to see the variety on display at most dispensaries and online stores, and deciding on the face value is more challenging than you […]

The post A Cannabis Grower’s Advice On Choosing The Right Strain appeared first on Green Market Report.

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Editors Note: This is a guest post.

If you have just started your journey with cannabis, the choice of the right strain will be the most overwhelming part. You will be surprised to see the variety on display at most dispensaries and online stores, and deciding on the face value is more challenging than you imagine. It is something you need to learn because your experience depends on this selection. While strains can be confusing in the beginning, you can master them eventually and learn to pick the ones that promise the most incredible results. However, some guidance can take you a long way initially. Here is a cannabis grower’s advice that can guide you about choosing the right strain. 

Know the basics

First and foremost, you need to understand the attributes that make a weed strain unique. The plant contains different cannabinoids, with THC and CBD being the most significant ones. High-THC strains make you high, while those having more CBD are not intoxicating. You need to consider the THC-CBD ratio to pick a product that suits your needs. Another aspect to know is the terpene content, which gives a strain its characteristic aroma and flavors. Terpenes also support the effects of cannabinoids. Once you know these basics, you can choose a strain option according to your expectations. 

Consider your objective

While the profile of a cannabis strain is vital when it comes to picking the best option, you also need to consider the objective for consuming it. Cannabis works for medicinal or recreational purposes. While some strains offer extensive medicinal benefits for specific conditions, others have a recreational appeal. Yet others deliver on both fronts. For example, wedding cake strain is great for relieving mental issues such as anxiety, stress, and depression. It also offers a sedative and relaxed feeling if you only want to use it for recreational purposes. Your medical marijuana doctor will recommend a specific strain depending on your condition. Alternatively, you can seek advice from a budtender too.

Check the potency

Cannabis growers also recommend checking the potency of the strain before you start using it for your objective. Potency refers to the concentration of cannabinoids, particularly THC, in a weed strain. The ones with a higher potency give a more intense experience as compared to those with a lower potency. While you check the potency, you also need to be aware of your tolerance levels so that you do not end up getting intoxicated with a product you cannot handle.

Apart from the composition and effects of specific strains, another factor determining the choice is your budget. They come at different price points, from budget-friendly to high-end, and you need to opt for one that does not burn a hole in the pocket. Still, it makes sense to spend a little more on a strain that gets you a step closer to your expectations and delivers the benefits you look for. Finally, patience is the key when it comes to picking a strain that works for you. It is often a hit and trial process, and you only get better with time.


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Source: https://www.greenmarketreport.com/a-cannabis-growers-advice-on-choosing-the-right-strain/?utm_source=rss&utm_medium=rss&utm_campaign=a-cannabis-growers-advice-on-choosing-the-right-strain

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Flower One Names New CEO, Restructures Debt

Flower One Holdings Inc.  (OTCQX: FLOOF) completed an initial debt restructuring, closed on $10 million of a non-brokered convertible debenture offering that could rise to $25 million, and made changes to its Board of Directors and executive management team. The company recently defaulted on payments such as $262,500 due on January 1, 2021 in connection with […]

The post Flower One Names New CEO, Restructures Debt appeared first on Green Market Report.

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Flower One Holdings Inc.  (OTCQX: FLOOF) completed an initial debt restructuring, closed on $10 million of a non-brokered convertible debenture offering that could rise to $25 million, and made changes to its Board of Directors and executive management team. The company recently defaulted on payments such as $262,500 due on January 1, 2021 in connection with a loan from RB Loan Portfolio I, LLC  and lease payments in the amount of $526,677 due on January 5, 2021 in connection with the company’s lease of the greenhouse facility located at 3950 North Bruce Street in North Las Vegas.

Flower One had also not paid the January lease payment of $248,268 in connection with the lease of its cultivation and production facility at 343 Neeham Road in North Las Vegas, and interest payments due on two other loans (totaling $152,306 and $27,575), all of which were due January 1, 2021.

“Coupled with the Board and Management changes, the combination of the cash infusion, debt conversions, and debt and lease restructurings better positions the company’s Balance Sheet and debt service obligation,” said Interim CFO Richard Groberg. “With these steps, as well as recent cost rationalizations, Flower One has more flexibility to further its evolving cultivation, production, and sales strategies to serve the expanding Nevada market for cannabis consumption.”

New CEO

Kellen O’Keefe has been appointed from his previous position of Chief Strategy Officer to Flower One’s President and Interim Chief Executive Officer. Ken Villazor stepped down as Flower One’s Chief Executive Officer, President, and Chairman of the Board, positions he has held since January 1, 2018. Salpy Boyajian has been appointed as Executive Vice President, from her previous position of COO of Nevada Operations, and also has been appointed as Chairman of the Board.

“Today marks a transformational moment in Flower One’s history as we welcome prominent, industry-leaders to our Board of Directors as well as further strengthening our management team,” said O’Keefe. “We have taken the first steps towards properly capitalizing the business, restructuring our debt, and better positioning the Company for long-term success. We are excited about the future for cannabis in Nevada and are committed to our promise to deliver exceptional quality cannabis at accessible prices.”

Debt Restructuring

Flower One reached a modification agreement with its secured lender, RB Loan Portfolio II with respect to its existing $30 million term debt and with RB Loan Portfolio 1, LP, for an existing $16.9 million equipment financing. The company extended the maturity date from June 27, 2021, to December 21, 2021, and modified the interest rate to 14%, with 12% paid monthly and 2% paid at maturity, and the addition of an “Exit Fee” of $1 million payable upon payment in full of the Term Loan on the Maturity Date. Certain conditions were placed on the loan modification and the company listed them as follows:

  • the requirement that the Company pay certain previously defaulted obligations
  • that the Company complete of at least the Initial New Equity and the Subsequent New Equity by March 5, 2021
  • a Loan Modification Fee equal to 3% per annum on the outstanding principal of the Term Loan from May 19, 2020 until the “Effective Date” of the Term Loan Modification (January 25, 2021)
  • Flower One common shares in an amount equal to US$1,200,000 (with such common shares is subject to a six month lock-up agreement)
  • the grant of one-half warrant for each share granted, such warrants being exercisable for three years at a price of C$0.31, and reimbursement of Lender expenses

The company also entered into a Lease Modification Agreement with regard to the Master Lease Agreement dated February 1, 2019, for equipment lease financing of certain equipment at the Bruce St. Facility, pursuant to which the Lessor has agreed to forbear existing events of default and make certain modifications to Master Lease. The company was able to reduce the monthly payments. In connection with the Loan Modification Agreement, the company has issued US$1,200,000 worth of equity units.

Flower One closed on $10 million of a non-brokered Convertible Debenture Offering of up to $25 million “Debenture Units”. The company said expects to close the second tranche of the Offering at or about the end of February 2021. The net proceeds are intended to be used for working capital, previous debt obligations, and general corporate purposes. In connection with the initial closing under the offering, the company issued a total of 12,824 Debenture Units at a price of C$1,000 per Debenture Unit.

New Board Members

New additions to the Board include Mitchell Kahn, Eliza Gairard, and Kellen O’Keefe, effective January 26, 2021. Mr. Kahn, Mrs. Gairard, and Mr. O’Keefe will join the Board in addition to current Directors, Salpy Boyajian and Nitin Kaushal. Nitin Kaushal, who was recently appointed to the board, will serve as the Chair of the Company’s Audit, Risk and Finance Committee. Effective January 26, 2021, Amit Varma, David Wesley, and Ken Villazor have stepped down from the Board.


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Source: https://www.greenmarketreport.com/flower-one-names-new-ceo-restructures-debt/?utm_source=rss&utm_medium=rss&utm_campaign=flower-one-names-new-ceo-restructures-debt

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CBD Oil time to work

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So I’ve just consumed a 500mg £35 5% full spectrum CBD oil tincture in 3 days (I’ve been taking full droppers instead of ‘drops’ as recommended by accident) and I haven’t even had the benefits from that that I was looking for. I emailed the place I bought it from who are a really nice company that I’ve seen recommended on here quite a few times, and they said it’s better to take the drops in lower doses as they work slowly and better over a long period of time, is this correct? The dose in this case would be 5 mg twice a day. Also if I bought the 10% from their store and did a lower dosage like recommended would my tolerance be a bit ruined from taking such a high dose for the past few days?

I’m taking it for my anxiety and depression which I have struggled to find the right help for (tried therapy, anti depressants for years but nothings worked) and I was really hoping that CBD was going to work for me like I’ve seen it do for others. I appreciate any help!

Source: https://www.reddit.com/r/CBD/comments/l64e6r/cbd_oil_time_to_work/

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