An oligarchy can only succeed in maintaining a system of hidden influence over the vast majority of the population IF a veil can be cast over the natural powers of human creative reason.
If a veil of ignorance cannot be imposed by force, then the next best thing is to mis-direct humanity’s IDEA of the mind itself. Instead of being a power that mediates humanity’s relationship to the universe driven by creative leaps into discoveries, oligarchical agencies strive to lock the minds of their victims into radical forms of sense perception (ie: the belief that human thinking is shaped by rules associated with our five sense perceptions sometimes dubbed ‘empiricism’).
This caging of the mind into sensory experience, mediated by axioms which we are expected to believe with blind obedience, deprives its victims of the ability to leap beyond the limits of deductive/inductive computerized logic.
Without this ability to cultivate a quality of creative reason which transcends the limited forms of deductive/inductive (aka: apriori/aposteri) logic, it becomes impossible to assert that computers are not superior to human thinking.
Such is the destructive consequences of the thing dubbed ‘radical empiricism’ and its bastard cousin ‘logical positivism’… both forms of false logic promoted vigorously by Nikola Tesla.
Sense Deception and the Destruction of Free Will
In a 1915 interview to New American published under the headline ‘How Cosmic Forces Shape our Destinies’, Tesla outlined his belief in the non-existence of free will, and postulated that humans were simply machines governed by cold mechanical laws of nature:
“The human being is a self-propelled automaton entirely under the control of external influences. Willful and predetermined though they appear, his actions are governed not from within, but from without. He is like a float tossed about by the waves of a turbulent sea.”
It was in that same interview that Tesla also posited his belief that even wars are caused by cosmic forces instead of looking to the causal hand of oligarchs saying: “A war can never be caused by arbitrary acts of man. It is invariably the more or less direct result of cosmic disturbance in which the sun is chiefly concerned.”
Tesla later said:“I am proving constantly, by every thought and act of mine, that I am nothing more than automaton, responding to external stimuli and passing through an infinitude of different existences from the cradle to the grave.”
Tesla quite literally believed himself to be a soulless automaton, entirely shaped by deterministic forces far removed from any act of free volition. Tesla re-emphasizing the point in another location stating: “Every thought I conceive, every act I perform, is the result of external impressions on my senses.”
Like his hero Sir Isaac Newton who banned any hypothesis formation in the practice of acceptable science[1], Tesla advocated a worldview that rejected the existence of universal ideas beyond matter and material forces.
While British Empiricism attempted to shackle science to the limits of sense perception (proposing that all discoveries were effected by Baconian analysis of radical sensual experience, pattern formation and extrapolation of said patterns into universal “laws”), Tesla’s theory of knowledge went further by relegating all senses EXCEPT sight as useless for any scientific discovery.
In an 1893 lecture delivered to the National Electric Light Association, St. Louis, March 1893, Tesla unveiled what could only be considered a strange fetish for the eyes as the root of all knowledge saying:
“All knowledge or form conception is evoked through the medium of the eye, either in response to disturbances directly received on the retina or to their fainter secondary effects and reverberations. Other sense organs can only call forth feelings which have no reality of existence and of which no conception can be formed.
There is no way of acquiring knowledge except through the eye. What is the foundation of all philosophical systems of ancient and modern times, in fact, of all the philosophy of men? I am I think; I think, therefore I am. But how could I think and how would I know that I exist, if I had not the eye? For knowledge involves; consciousness; consciousness involves ideas, conceptions; conceptions involve pictures or images, and images the sense of vision, and therefore the organ of sight.”[2]
Beyond advancing the idea that the eye alone is the gateway to all knowledge, and banning notions of free will, or higher creative reason from his calculus of human beings, Tesla explicitly denied the soul itself saying to his satanic friend George Sylvester Viereck in 1937:
“what we call ‘soul’ or ‘spirit,’ is nothing more than the sum of the functionings of the body. When this functioning ceases, the ‘soul’ or the ‘spirit’ ceases likewise”.
The curious mind is left to ask: was Tesla reincarnated in the figure of Yuval Noah Harari?
After all, WEF-darling Harari not only re-stated Tesla’s 1937 claims as a sacred atheistic credo but added a caveat that the only heaven which truly scientific minds should look forward to is Google’s Cloud?
This nearly supernatural fetish for digitizing humanity promoted by such modern transhumanists as Harari, or even Tesla CEO Elon Musk is both creepy as well as in total alignment with the philosophical outlook of the modern divine being, Nikola Tesla.
We will continue to explore this topic in the next installment as we plunge into Tesla’s defense of Newtonian Space and the battle between two opposing ideas of the ether as shaped by the worldview of Tesla on the one hand, and Albert Einstein on the other.
[1] In the preface to his Principia Mathematica (1687), Newton explicitly states his objection to the use of hypothesizing saying: “I have not been able to discover the cause of those properties of gravity from phenomena, and I frame no hypotheses… and hypotheses, whether metaphysical or physical, whether of occult qualities or mechanical, have no place in experimental philosophy.”
[2] Of course, Hellen Keller might have something to say about this claim, as her mastery over multiple languages, literature, and philosophy was among the highest calibre during her lifetime despite having lost both hearing and sight as a small baby. See Cynthia Chung’s exposition On Optimism: A Chant of Darkness for more on Keller’s story
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Historical analysis, geopolitics, cultural warfare and other studies in Conspiracy Science
Historical analysis, geopolitics, cultural warfare and other studies in Conspiracy Science
“In the supramental creation, there will no longer be any religions. The whole life will be the expression, the flowering into forms of the divine Unity manifesting in the world.”
– The Mother
Let All The Religions Perish.
Let It All Go.
All the dogma, institutions, and organizations with their hierarchies, titles, silly hats, turbans, and costumes.
All the churches, temples, mosques, and synagogues.
All the mechanical rituals, ceremonies, holidays, and superstitions that are based on a nostalgic, outdated past, corruption of spiritual truths, and distortions of scripture.
Religion has been used for social control for thousands of years via projecting human morality and characteristics on a judging external God. The biggest deception of all.
Even now, we see the resurrection (pardon the pun) of an exoteric dogmatic medieval wetiko-infused fundamentalist Christianity [trad movement] that is far removed from the deeper esoteric Christian teachings.
It will all perish anyway, and no one can stop it as we enter a new cycle in this cosmic unfolding and descent of the supra-mental divine consciousness—beyond the mind’s grasp.
It’s the end of the age of Pisces, the end of all belief systems, and the end of religion.
Once you stop calling yourself a Christian, Muslim, Buddhist, Hindu, or whatever Faith, Scripture, or Religion you identify yourself with, then the path to the Divine of full embodied Self-Realization is completely open without external man-made distortions, mental images, ideas, and savior projections.
Divine Truth cannot be organized or compiled in a “written word by God.” Scriptures can serve as a guide to an extent, but distortions and dogma are inevitable, especially if one is very identified with a certain teaching and Faith.
Whenever there is an attempt to organize it, the anti-divine forces succeed in manipulating humans through a grain of Truth and vector them to seek salvation outside themselves, like the Jesus savior program – the most cunning traps of all distorted spiritual truths.
Remember the story of how the devil and a friend of his were walking down the street when they saw ahead of them a man bend down, pick up something from the ground, look at it, and put it away in his pocket?
The friend said to the devil, “What did that man pick up?” “He picked up a piece of Truth,” said the devil. “That is a very bad business for you, then,” said his friend. “Oh, not at all,” the devil replied, “I am going to let him organize it.”
Or, as Satprem noted:
“The real mischief of the devil is not to sow falsehood and hatred in the world, such as Attila or the Nazis have done – he is far too clever for that – but to lay hands on a grain of Truth and then to twist it ever so slightly. Nothing is more intractable than a perverted truth because the falsehood is made that much stronger by the power of Truth it contains.”
Yet, we still have a long way to go, for humans are very attached to their beliefs and identification, and we are still like kindergarten children regarding the evolution of consciousness.
We are still distracted by external progress and technological gadgets. We look for god in letters in a book but never sincerely go deep within ourselves.
We neglect our inner lives while identifying with the outer superficial ego-personality, the false persona with all its identifications and attachments.
Nor do we need a one-world religion, a “unification” of all the core ideas of all religions. That is still limited, distorted, and is already being hijacked by the anti-divine forces who bring forth falsehood as “Truth” to introduce a new world [New Age] religion, just as dogmatic Christianity has been hijacked to sell the “savior” program and divert people from Truth.
Atheism, along with Communism, neo-Marxism, and the Religion of Transhumanism, will also eventually perish. Materialistic Science and Darwinism will be an archaic relic of a kindergarten past. None of them can stand in the presence of the Divine Truth and Divine Will.
We don’t need merely a shift in consciousness but a complete transmutation – the divinization of matter and life. It’s not about escaping life, being raptured in “heaven,” escaping “Maya,” or entering “paradise” in the afterlife. All these ideas are religious distortions of the old world.
The supramental Divine Truth outshining all religions is not a teaching, not moral conduct of rules and principles; it’s not an idea or idealogy, a system, a dogma, or an -ism.
It can’t be organized, controlled, imposed, or taught.
It is nothing the mind can even begin to comprehend. It’s the end of the mind [hence supra-mental] and the beginning of the Divine Gnostic Being [not to be mistaken for Gnosticism], embodying the supramental consciousness – the aim of the evolutionary process of humans embodying God’s Will, fully and integral.
All the dark shadows, errors, imperfections, pathologies, ignorance, secrets, evil, and lies in the world, AND WITHIN YOU, need to come to light and be purified and transmuted in the fire of Agni.
As long as you see only dark, imperfections, and evil in the world and others but don’t face yourself, the anti-divine matrix forces have you in their hidden hands while you “dream of being awake,” but you are still asleep.
This process requires tremendous humility and courage at the same time.
Everything will be “forced” to come to light in the presence of the Divine Truth. Nothing can stop it in the long run. This process manifests “externally” in the world and within you, for all is ONE.
But the process will take many more lifetimes and cycles, and it takes conscious Alignment and Work.
It requires the descent into the proverbial “underworld,” battling demons within and without including your “dark persona,” the shadow that you project externally on others—all of which are your teachers, for all is the play of the Divine. Nothing can exist outside the Mind of God.
But be careful now. The higher Truth of “All is One” can be easily abused for spiritual bypassing, as it’s common in New Age circles.
We didn’t come here for vacation, mindless indulgence, and just manifestations of our “desires.” Your ego may want certain things and experiences – tempted by the matrix forces, but your soul has a different plan, trajectory, and purpose.
For some people, the soul is already ripe enough to engage in this Work consciously, no longer driven by conditioned desires; for others, it may take a few more lifetimes to “grow the soul” until it “comes to the front” and takes charge and answers the call of the Divine.
Yet, you signed up to be here right now, and it’s your call to embrace this adventure of consciousness into the unknown and the Great Work we are called to participate in. The outcome still depends on YOU, even though it is guaranteed.
Welcome to the paradox of it all, which the mind won’t be able to reconcile.
“When the time comes that man no longer wishes to remain a child but wants to grow up and become an adult, then he must understand and neither deceive himself nor others.
Then he will see that God is to be found not in any particular form but in all forms, not in any particular place, but everywhere, not through any single vehicle, faith, cult, religion, building, or man, but in the Infinite.
You will never find God anywhere else but in those conditions; the rest is merely your idea of God, your mental picture. These are purely intellectual things, they are not God or Reality.
So if man wishes to awaken, if he wants to understand himself, he must face the fact that the real avenue to contact with God is not outside himself but within, directly inside. He must find his own way to God through and within himself.
That is, if he seeks God there is no other way, but if he is looking for ideas, concepts, or mental images, then he can take what orthodox religions and cults offer him.
And because most people have been content to let others do their thinking and their questing for them, they have been satisfied with those conditions.”
– Paul Brunton, The Inner Reality
Places of Worship and Occult Forces Feeding on Humans
Growing up in Europe, I visited several famous churches and cathedrals in France, Italy, Spain, and Germany. Despite their amazing architecture, art, and esoteric symbolism, I’ve always felt something off in those places of worship. Perhaps it was a different energy and intention when they were first built.
However, I couldn’t ignore a very dark life-force-sucking energy in virtually all of those places. It became even more apparent a few years ago when I revisited some of those old churches and cathedrals.
Tuning into the energy of these places was truly disturbing and icky; literally made me physically nauseous in some instances. Very heavy and depleting. I couldn’t stay inside for long.
While I’m not a clairvoyant, I felt the same dark energy that Mirra Alfassa (The Mother) described in her experience, and what she describes helped me understand my visceral experience visiting these places of worship:
“I saw in one of the most beautiful cathedrals of France, which, from the artistic point of view, is one of the most magnificent monuments imaginable – in the most sacred spot I saw an enormous [non-physical] black, vital spider [occult hostile force] which had made its web and spread it over the whole place, and was catching in it and then absorbing all the forces emanating from people’s devotion, their prayers and all that.
It was not a very cheering sight; the people who were there and were praying, felt a divine touch, they received all kinds of boons from their prayers, and yet what was there was this, this thing. So, truly, if I had gone and told them “Do you think you are praying to God? It is an enormous vital spider that’s feeding upon all your forces!”, that would really not have been very charitable.
And that’s how it is most of the time, almost everywhere; it is a vital force that is there, for these [hyperdimensional] vital entities feed upon the vibration of human emotions. The majority of people [visit these places] only because of superstition, egoism, and self-interest and create an atmosphere of this kind, and that is what you breathe in when you go to a church or temple. And all these people believe this is something holy! But it is a web of the hostile vital forces which use all this to feed upon.
Besides, in the invisible world hardly any beings love to be worshipped, except those of the vital [lower astral world]. These, as I said, are quite pleased by it. And then, it gives them importance. They are puffed up with pride and feel very happy, and when they can get a herd of people to worship them, they are quite satisfied.
I know them, those entities. I know them very well, but they are vital beings, vital forms which, so to say, are given a form by human thought, and what forms! And to think that men worship such terrible and monstrous things.
From this point of view, it is good that for some time, men get out of this religious atmosphere, so full of fear and this sort of blind, superstitious submission of which the hostile forces have taken a dreadful advantage.
It is only when one comes out of that and the abject submission to monstrous vital forces that one can rise to truly spiritual heights, and there become the collaborator and true instrument of the forces of Truth, the real Consciousness, the true Power. One must leave all this far behind before one can climb higher.”
– The Mother Mirra Alfassa, The Hidden Forces of Life
You don’t need any man-made building nor any dogmatic religion (with a hierarchy of priests, bishops, and popes) to connect to God, the Divine, or whatever you may want to call it. It’s nothing outside of yourself, either.
Do you know what the most magnificent and powerful “cathedral” that I visited brought me “closer to God” within me, seeing the Divine in all and everything? It was sitting at the edge of the Grand Canyon in silence. It was pure nature, nothing man-made. There were no crosses, deities, images, or any forms of symbols to worship and pray to.
It’s also fairly obvious that all dogmatic monotheistic religions have been created and used for social control and suppression for centuries. Organized dogmatic religion is an archonic creation designed to suck your life force, harness your energy, and give away your power out of your own “free will,” feeding on guilt and shame for the “sinner” you are based on the lie that God is outside yourself – some being in the sky and judging your every step.
The Birth of A New World and A New Spirituality
“The old spirituality was an escape from life into the divine Reality, leaving the world just where it was, as it was, whereas our new vision, on the contrary, is a divinization of life, a transformation of the material world into a divine world.
It is not the old one transforming itself; it is a new world that is born. And we are right in the midst of this period of transition where the two are entangled — where the other still persists all-powerful and entirely dominating the ordinary consciousness, but where the new one is quietly slipping in, still very modest, unnoticed — unnoticed to the extent that outwardly it doesn’t disturb anything very much, for the time being, and that in the consciousness of most people, it is even altogether imperceptible. And yet it is working, growing — until it is strong enough to assert itself visibly
In any case, to simplify things, it could be said that characteristically, the old world, the creation of what Sri Aurobindo calls the Overmind, was an age of the gods and, consequently, the age of religions.
As I said, the flower of human effort towards what is above it gave rise to innumerable religious forms, to a religious relationship between the best souls and the invisible world.
And at the very summit of all that, as an effort towards a higher realization, there has arisen the idea of the unity of religions, of this “one single thing” which is behind all these manifestations, and this idea has truly been, so to speak, the extreme limit of human aspiration.
Well, that is at the frontier; it is something that still belongs completely to the Overmind world, the Overmind creation, and which from there seems to be looking towards this “other thing,” which is a new creation it cannot grasp — which it tries to reach, feels coming, but cannot grasp. To grasp it, a reversal is needed. It is necessary to leave the Overmind creation. It was necessary that the new creation, the supramental creation, should take place.
And now, all these old things seem so old, so out-of-date, so arbitrary — such a travesty of the real truth.
In the supramental creation, there will no longer be any religions. The whole life will be the expression, the flowering into forms of the divine Unity manifesting in the world.
When the physical substance is supramentalised, to incarnate on earth will no longer be a cause of inferiority; quite the contrary. It will give a plenitude which cannot be obtained otherwise.
But all this is in the future; it is a future… which has begun but which will take some time to be realized integrally. Meanwhile, we are in a very special situation, extremely special, without precedent.
We are now witnessing the birth of a new world; it is very young, very weak — not in its essence but in its outer manifestation — not yet recognized, not even felt, denied by the majority. But it is here. It is here, making an effort to grow, absolutely sure of the result.
But the road to it is a completely new road which has never before been traced out — nobody has gone there, nobody has done that! It is a beginning, a universal beginning. So, it is an absolutely unexpected and unpredictable adventure.
There are people who love adventure. It is these I call, and I tell them this: “I invite you to the great adventure.”
It is not a question of repeating spiritually what others have done before us, for our adventure begins beyond that.
It is a question of a new creation, entirely new, with all the unforeseen events, the risks, the hazards it entails — a real adventure whose goal is certain victory, but the road to which is unknown and must be traced out step by step in the unexplored.
Something that has never been in this present universe and that will never be again in the same way. If that interests you… well, let us embark. What will happen to you tomorrow — I have no idea.
One must put aside all that has been foreseen, all that has been devised, all that has been constructed, and then… set off walking into the unknown. And — come what may! There.”
The U.S. Department of Justice (DOJ) is once again urging a federal court to reject a lawsuit filed by prominent cannabis companies aiming to halt the enforcement of federal laws against marijuana activities permitted by states. According to the government, the legalization of cannabis encourages tourism across state lines, giving it the constitutional authority to intervene.
In its recent submission to the United States District Court of Massachusetts, the DOJ disapproved assertions made by marijuana businesses, refuting the notion that federal policies contradict enforcement practices. It further contended that the plaintiffs lacked standing to file the complaint.
According to the DOJ, the plaintiffs contend that the goal of federal cannabis policy is no longer to outlaw the cannabis trade. But even if that claim is accurate, decreasing the marijuana trade is still a worthwhile goal, regardless of whether the government aims for total eradication.
The DOJ also emphasized that the plaintiffs were unable to show that the federal marijuana regulation was illogical. According to its claims, federal regulations give priority to law enforcement resources focused on marijuana-related activities that pose a serious risk to government interests, such as public safety and the prevention of violence.
The lawsuit is spearheaded by Verano Holdings Corp., a multistate operator, along with Massachusetts-based marijuana companies Wiseacre Farm and Canna Provisions, and Gyasi Sellers, CEO of Treevi. Legal representation is provided by Lesser, Newman, Aleo, and Nasser LLP and Boies Schiller and Flexner LLP. David Boies, known for his representation of various high-profile clients, including former Vice President Al Gore, is the lead litigator.
According to the DOJ, the plaintiffs’ claim of harm under restriction, citing the reluctance of financial institutions to engage with their businesses, is unsubstantiated. They pointed out that the department has not coerced any third parties to refrain from transactions with the plaintiffs.
Moreover, the DOJ asserted that the lower court lacked jurisdiction to overturn the 2005 Gonzales vs. Raich Supreme Court ruling, which maintained federal prosecution despite state-level marijuana regulations. The filing highlighted the constitutional holding of Raich, emphasizing Congress’s power to regulate activities with a substantial impact on interstate commerce.
The DOJ contended that Massachusetts’ regulated cannabis industry stimulates cannabis tourism, contributing to interstate commerce. Despite strict controls, the department argued that some cannabis produced in Massachusetts inevitably finds its way into the illicit market.
The plaintiffs’ claim that a congressional rider forbade the DOJ from using funding to impede state medical cannabis programs was also refuted by the DOJ. It maintained that such laws facilitate cooperation between state and federal governments, allowing states to accumulate experience in handling medical cannabis, which can inform future policy decisions.
In addition, the DOJ referenced a letter from the Obama administration instructing federal prosecutors not to intervene in state cannabis laws, which was later revoked under the Trump era. The department justified its alleged policy to focus law enforcement resources on federal interests as rational.
These developments occur amid a U.S. Drug Enforcement Administration (DEA) review of cannabis scheduling, with the recommendation from the U.S. Health and Human Services (HHS) to reclassify marijuana from Schedule I to III. Despite the Biden administration’s stance against criminalizing cannabis use and possession, the DOJ continues to oppose reform efforts, including challenges to the prohibition of marijuana users’ gun rights.
It would be interesting to hear the views about the DOJ position in this case from companies that have an interest in the cannabis industry such as Astrotech Corp. (NASDAQ: ASTC) since the federal department seems determined to do everything in its power to block any calls for marijuana law reform.
NOTE TO INVESTORS: The latest news and updates relating to Astrotech Corp. (NASDAQ: ASTC) are available in the company’s newsroom at https://cnw.fm/ASTC
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In its most recent quarterly report, Avant Brands reported $8.1 million in net revenue and $1.2 million in net income.
The BC-based company behind cannabis brands like BLKMKT, Tenzo, Treehugger, Flower, Cognoscente, and GreenTec, recently shared the financial results of its first quarter ended February 29, 2024 (Q1 2024).
Net revenues increased by 15% compared to the same quarter in the previous year, and international sales into markets like Israel, Australia, and Germany increased by 21% for a record $3.3 million. International sales represented 37% of the company’s total gross revenue.
Revenue on sales into the Canadian non-medical market was $3.4 million, a decline of 19% compared to Q1 2023, while B2B sales increased from $60,000 to $1.3 million in the same period.
The company also produced a record amount of cannabis in the most recent quarter, with 3,231 kg of cannabis, a 23% increase from Q1 2023. Sales of cannabis also hit record levels for the company, with 2,785 kg sold.
The average sales price for cannabis Avant sold into the international market was $4.30 a gram, while the average price after excise taxes was $5.49 a gram. The company is also seeking partnerships in the UK, Switzerland, and other emerging markets.
The company’s cash flow increased to $3.8 million, while SG&A and Corporate Expenses decreased 14% from the same quarter in 2023 to $2.5 million.
“I’m thrilled by Avant Brands’ outstanding Q1 2024 performance,” says the company CFO, Jeremy Wright. “I’m impressed by the efforts of our sales and operations teams, which are driving record-breaking results. Our strong financial performance, including record net revenue and substantial growth in cash flow from operations, reflects the effectiveness of our strategies. With continued focus, we’ll sustain this momentum and drive further growth. It’s an exciting time to be back with the team.”
Avant operates cultivation and processing facilities in Chase, Vernon, and Kelowna in BC, and in Edmonton, AB, and Tiverton, ON, and is approved for sale in all provinces except Alberta and Nova Scotia.
Avant also recently welcomed Sukhie Chahal (previously at Canopy Growth) as its new VP of Revenue Strategy and Tyson Macdonald (previously at Acreage Holdings) to its Board of Directors.
(Newsfile) Toronto — Red Light Holland Corp., a company engaged in the production, growth and sale of functional mushrooms and mushroom home grow kits in North America and Europe and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands, in compliance with all applicable laws, is pleased to announce significant progress in its collaboration with CCrest Laboratories Inc., a cGMP-certified pharmaceutical laboratory based in Montreal, which possesses a Controlled Drugs and Substances Dealer’s License and PharmAla Biotech Holdings Inc., following the successful shipment of psilocybin truffles to Canada.
On April 8th, 2024, Red Light Holland initiated its largest shipment to date, sending 5 kg (5,000 grams) of freshly cultivated natural psilocybin truffles from its farm in the Netherlands to CCrest Labs in Montreal, Canada. This milestone shipment, facilitated by a 5th Health Canada approved psilocybin import permit, marks a pivotal moment in the company’s commitment to advancing psychedelic research.
“We are excited to continue our work with CCrest Laboratories and PharmAla as we delve deeper into the therapeutic potential of psilocybin,” said Todd Shapiro, CEO and director of Red Light Holland. “This largest and most significant shipment to date, underscores our dedication to research and development in the psychedelic space. We anticipate near term insights and updates to emerge from this collaboration.”
The truffles will be utilized in an experimental research project aimed at developing a process for commercial manufacturing of natural-source Active Pharmaceutical Ingredient (API) derived from Red Light Holland’s psilocybin truffles. This project represents a critical step towards expanding access to standardized psilocybin products and exploring their potential therapeutic applications.
There are more cannabis dispensaries than McDonald’s outlets in the United States today, a reflection of the ongoing shift in consumer trends and legal frameworks across America
Over 74% of Americans now live in a state which permits either, the medical or recreational consumption of marijuana
Zoned Properties has emerged as an early leader in facilitating the transition of U.S. cannabis businesses towards developing a physical retail footprint with a portfolio of cannabis-focused investment properties across Arizona, Michigan and Illinois
The company recently updated the market with the release of a positive set of FY 2023 annual results
In 2019, McDonald’s launched a nationwide marketing campaign across the nation entitled, ‘Around the world is now around the corner’ (https://cnw.fm/BrsKg). Celebrating the fact that some of the chain’s most popular global offerings were now easily found in everyone’s local participating McDonald’s, the campaign hinged on the seemingly ubiquitous availability and presence of the restaurant’s outlets across the United States. Remarkably and in representation of America’s rapidly changing attitude towards cannabis today, the number of cannabis dispensaries dotted across the United States have now surpassed those of McDonald’s Corp restaurants, a reflection of the United States’ dramatic and ongoing evolution in consumer trends and legal frameworks.
A recent study by the Pew Research Center have revealed that over half of Americans now live in areas permitting recreational cannabis use, a statistic made even more noteworthy as it comes only twelve years after Colorado and Washington led a landmark decision towards legalizing marijuana usage. Meanwhile, 74 percent of Americans reside in states where marijuana use, whether for recreational or medical purposes, is now legal – a shift which has driven to the establishment of nearly 15,000 cannabis dispensaries nationwide (https://cnw.fm/vpqax).
“It’s all about location and good capitalization” explained Joe Lustberg, managing partner at Upwise Capital, which has been amongst the pioneers in financing the United States’ burgeoning cannabis industry. Retail has rapidly emerged as an essential sales vertical within the cannabis ecosystem, with cultivators and processors alike seeking viable outlets for their products.
Zoned Properties (OTCQB: ZDPY), a technology-driven property investment company focused on acquiring value-add real estate within the regulated cannabis industry in the United States, has been amongst the early leaders in facilitating the transition of the cannabis industry towards the physical retail space. The company maintains a portfolio of six investment properties located across Arizona, Michigan and Illinois; with each of its leased properties occupied by commercial cannabis-linked businesses, the company currently enjoys a 100% occupancy rate with a weighted average lease term of over 10 years. In addition to maintaining four properties leased and repurposed as regulated cannabis retail dispensaries, the company presently leases two properties which are operated as regulated cannabis cultivation and processing facilities.
Zoned Properties recently updated the market following the release of their annual financial results for 2023 (https://cnw.fm/Mobyi). The company revealed that top-line revenues had grown to $2.89 million in FY2023, representing an increase of 8.5 percent relative to the previous year. Meanwhile, operating expenses had marginally declined to $2.72 million compared to $2.77 million in FY2022, a year-over-year decrease of 1.9%. Zoned Properties also announced that its net losses had narrowed to $540,248 for the 2023 fiscal year, down from $574,355 the prior year.
Additionally, the company revealed that its operational results had enjoyed a marked acceleration in the latter half of the year, with fourth quarter 2023 revenues rising by 16.2 percent year over year with quarterly losses decreasing by -10.4 percent relative to the fourth quarter of 2022.
“As we reflect on our Full Year 2023 results and our recent strategic updates, it’s clear that Zoned Properties is firmly on a trajectory of sustainable growth and value creation,” said Bryan McLaren, Chief Executive Officer of Zoned Properties.
Furthermore, McLaren elaborated on the company’s decision to list its cultivation property located in Arizona’s Chino Valley for sale at a purchase price of $16 million; the proposed sale forms part of Zoned Properties’ ongoing move towards refocusing its efforts towards its core direct-to-consumer property assets, a shift which has seen the company recently acquire a further two investment properties for use as potential dispensary sites.
“The listing of our Chino Valley property is an important step unlocking the potential opportunity to raise significant non-dilutive capital and reflects our commitment to seizing market opportunities with a dedication to enhancing shareholder value,” he continued. “Our journey is guided by a clear vision: to utilize our property technology competitive advantages to drive scale and innovate within our industry, delivering tangible, long-term value to our shareholders. We’re excited about what the future holds and remain dedicated to our strategic growth path, and operational excellence as we move forward.”
NOTE TO INVESTORS: The latest news and updates relating to ZDPY are available in the company’s newsroom at https://cnw.fm/ZDPY
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In the last two months, federal officials have seized hundreds of pounds of cannabis intended for retail sale from state-licensed businesses in New Mexico. This is in addition to detaining workers in the industry in what appears to be an escalation of enforcement of prohibition at the national level.
This is despite the fact that the federal government has thus far avoided interfering with the implementation of legalization laws at the state level.
Reports from cannabis businesses in the state show that more than 12 seizures by U.S. Customs and Border Protection (CBP) have occurred, particularly at checkpoints inside the state of New Mexico. CBP is allowed to conduct its activities within 100 miles of the United States border. This move by the feds has perplexed many, especially because New Mexico launched recreational cannabis sales in 2022 with operators revealing that they have had no issues transporting their products to retailers and testing facilities across the state.
In a recent interview, the executive director of the state’s Cannabis Chamber of Commerce, Ben Lewinger, revealed that numerous successful marijuana producers and manufacturers operated near the CBP checkpoints. Lewinger explained that most roads taken from the southern to northern parts of the state required individuals to pass through a checkpoint, noting that this made it impossible for operators in New Mexico’s southern region to transport their products to the northern or central parts of the state.
Since February, CBP has carried out no less than 13 stops and seizures of state-legal cannabis products, particularly around the Las Cruces area. Lewinger believes that this number is underreported, particularly since most people still have some stigma and fear over cannabis and its use.
Matt Chadwick, Top Crop Cannabis Co. CEO, revealed that in February his employee was delivering 22 pounds of product with a total value of roughly $139,000 to the company’s locations in Albuquerque when he was stopped at a checkpoint. A dog then alerted CBP agents to the smell, leading to a secondary inspection.
Chadwick revealed that the employee ended up being detained for a number of hours before being released with no documentation and none of the product. When the employee inquired about the product, an agent informed him that he would receive information on how he would be reimbursed for the seized product via mail.
Other affected businesses include Schwazze, which did receive documentation on its seized product but has no hope for possible reimbursement.
Industry actors such as Curaleaf Holdings Inc. (CSE: CURA) (OTCQX: CURLF) will be waiting to hear what explanation the feds give for seizing cannabis products from licensed companies going about their legitimate state-sanctioned activities.
About CannabisNewsWire
CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from CNW, text CANNABIS to 888-902-4192 (U.S. Mobile Phones Only)
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: https://www.CannabisNewsWire.com/Disclaimer
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