North Carolina Marijuana News

Companhia Brasileira de Distribuicao (NYSE: CBD) and Ingles Markets, (NASDAQ:IMKTA) are both retail/wholesale companies, but which is the better business? We will compare the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, profitabiliy, institutional ownership and valuation.

Dividends

Ingles Markets, pays an annual dividend of $0.66 per share and has a dividend yield of 2.1%. Companhia Brasileira de Distribuicao does not pay a dividend. Ingles Markets, pays out 26.8% of its earnings in the form of a dividend.

Profitability

This table compares Companhia Brasileira de Distribuicao and Ingles Markets,’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Companhia Brasileira de Distribuicao -0.68% 3.17% 0.95% Ingles Markets, 1.20% 9.73% 2.71%

Risk & Volatility

Companhia Brasileira de Distribuicao has a beta of 1.8, suggesting that its share price is 80% more volatile than the S&P 500. Comparatively, Ingles Markets, has a beta of 0.6, suggesting that its share price is 40% less volatile than the S&P 500.

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“On average, a Black person is 3.73 times more likely to be arrested for marijuana possession than a white person, even though Blacks and whites use marijuana at similar rates. Such racial disparities in marijuana possession arrests exist in all regions of the country, in counties large and small, urban and rural, wealthy and poor, and with large and small Black populations. Indeed, in over 96% of counties with more than 30,000 people in which at least 2% of the residents are Black, Blacks are arrested at higher rates than whites for marijuana possession.”

(T)he War on Marijuana, like the larger War on Drugs of which it is a part, is a failure. It has needlessly ensnared hundreds of thousands of people in the criminal justice system, had a staggeringly disproportionate impact on African-Americans, and comes at a tremendous human and financial cost. The price paid by those arrested and convicted of marijuana possession can be significant and linger for years, if not a lifetime. Arrests and convictions for possessing marijuana can negatively impact public housing and student financial aid

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COLUMBIA, N.C. (WNCT) — Eight Tyrrell Prison Work Farm inmates have been arrested after the sheriff’s office said synthetic marijuana was being brought into the prison.

All of the inmates were charged with felony possession of controlled substance on prison premises as part of an investigation the Tyrrell County Sheriff’s Office dubbed “Operation Suitcase.”

In the last several months, the sheriff’s office said EMS responded to the prison for possible drug overdoses by inmates. Officials believed the overdoses were a result of the use of K-2.

K-2, or spice, is dried plant material and chopped up herbs in a mixture of colors and synthetic chemicals (cannabinoids) the sheriff’s office said can be 100 times stronger than the THC found in marijuana.

Side effects of K-2 include high blood pressure, blurred vision, heart attack, vomiting, seizures, hallucinations and severe anxiety and paranoia.

Those charged were:

Billy G. Barringer 44, charged with possession of 8.5 grams of K-2 Synthetic Cannabinoids. Antonio L. Carr  29, charged with possession of 1.9 grams of marijuana. Dennis R. Oxendine 40 charged with possession of .1 gram

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Asheboro Police Report

On June 17, Asheboro Police pulled over a 2007 Toyota into the parking lot of Auto Zone, South Fayetteville Street, Asheboro, for a burned out left brake light. Officers detected the odor of marijuana from the vehicle and questioned the driver about the presence of drugs in the vehicle. After a consent search, officers discovered a plastic bag with 3.9 grams of marijuana and a .40-caliber Glock pistol in the door pocket. Gavin Wayne Fields, 24, 5130 Seagrove Plank Road, Seagrove, was charged with misdemeanor possession of marijuana and carrying a concealed weapon.

Recent reports

* June 16: Tameaka Danielle Lee, Center Street, Asheboro, reported someone jammed something into the keyhole of her driver’s side door and opened her 2015 Kia parked at her residence. Missing was a prescription medication.

* June 17: Adrian Jamal Brown, Tremont Drive, Asheboro, reported he was the victim of an assault. Shannon Leigh Spaul, 30, 403 Virginia Ave., Asheboro, was charged with simple assault.

* June 17: Rafaela Vazquez Duenas, Hughes Street, Asheboro, reported she was the victim of an assault.

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Jeronimo Yanez stands outside the Ramsey County Courthouse while waiting for a ride in St. Paul, Minn. (David Joles/Star Tribune via AP, File)

The officer who fatally shot Philando Castile during a traffic stop last year told investigators that the smell of “burnt marijuana” in Castile’s car made him believe his life was in danger.

“I thought, I was gonna die,” Officer Jeronimo Yanez told investigators from the Minnesota Bureau of Criminal Apprehension fifteen hours after the shooting. “And I thought if he’s, if he has the, the guts and the audacity to smoke marijuana in front of the five year old girl and risk her lungs and risk her life by giving her secondhand smoke and the front seat passenger doing the same thing then what, what care does he give about me. And, I let off the rounds and then after the rounds were off, the little girls was screaming.”

This isn’t the first time a police officer has cited the alleged danger posed by pot to justify a confrontation that turned deadly. Last year North Carolina police officers decided to

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Hemp seedlings planted in late May emerge at Fen Rascoe’s farm in Bertie County. Photo: Kip Tabb

WINDSOR – Bertie County farmer Fen Rascoe was late getting his hemp seed in the ground – not so late that it will damage the crop, but he had hoped to have his seed planted by early May. It was almost June before the first 10 acres were planted.

There are still more acres to plant. There is seed from Kentucky that will cover another 40 acres. As the first week in June rolled around, it was a waiting game, with Rascoe hoping the rains would ease off just enough to work the fields.

Seed is also coming from Italy, but that was delayed, lost somewhere between North Carolina and Italy and just found recently in Raleigh.

Fen Rascoe plants hemp seed at his farm in Bertie County. Photo: Kip Tabb

It’s been a long road, confusing at times, stressful, expensive. But when Rascoe finally did plant his hemp seed, there was a sense of accomplishment.

“It was an

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Pressing pause on an historic detente, President Donald Trump puts the United States and Cuba back on a path toward hostility and decreased ties with a blistering denunciation of its communist government

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Pressing pause on an historic detente, President Donald Trump puts the United States and Cuba back on a path toward hostility and decreased ties with a blistering denunciation of its communist government

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SPRING HOPE, NC–(Marketwired – Jun 21, 2017) – Hemp, Inc. (OTC PINK: HEMP) executives announced today that North Carolina farmers are picking up the pace in planting what they believe will be the next cash crop… industrial hemp. The “Carolina Gold,” as one North Carolina fourth generation farmer referred to industrial hemp, is expected to bring in a huge potential source of income among farmers in the state. Thus far, Hemp, Inc.’s licensed farming associates in North Carolina have secured over 150 pounds of CBD-rich hemp seeds which are currently being planted in order to be harvested by September/October. CEO of Hemp, Inc. (OTC PINK: HEMP) Bruce Perlowin says that amount of CBD-rich hemp seeds along with the 17 acres of high-CBD clones they are planting in North Carolina and Colorado will be one of, or, the largest CBD hemp grows in the United States (approximately 550 acres total).

To see 1-minute daily video updates (from Hemp, Inc. CEO Bruce Perlowin) on the final phases of completion of Hemp, Inc.’s 70,000 square foot industrial hemp processing facility, milling operation, planting and farming industrial

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A former Navy SEAL is facing federal criminal charges for his ties to a major marijuana drug smuggling operation.

This arrest comes on a heels of an April CBS News investigation that revealed widespread drug use among Navy SEALs.

James Dennis “JD” Smith Jr. was arrested Saturday in Charlotte, North Carolina. He’s charged with conspiracy to distribute andpossession with intent to distribute at least 700 kilograms (over 1,540 pounds) of marijuana, according to a criminal complaint filed Friday.

Smith, who served 16 years as a Navy SEAL, was awarded a bronze star during his tour in Iraq and a Special Operations Medic of the Year Award, according to the website of a global security and crisis management consulting firm where he was listed as a Principal Associate of Security Operations. A company official told CBS News that the firm had not heard from or employed Smith for the past five years.   

In an affidavit, DEA Special Agent Doug McElwain describes Smith supplying marijuana via aircraft to Bryon Rye, 43, and Carl Rye, 40, of Columbia, South Carolina.

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NORTH AUGUSTA, S.C. (WJBF) – North Augusta city leaders were hit with a costly surprise in the Riverside Village construction.

About a month ago, construction workers came across contaminated soil when they were moving dirt around center field.

“When they started digging they could even smell the fumes from it,” said City Administrator Todd Glover.

The future home of the Augusta GreenJackets used to be what we’ve come to know as an industrial park.

North Augusta Heritage Council President Milledge Murray says over the years many businesses have been located on South Carolina’s riverfront.

In the very same place where Riverside Village is being built.

So, he wasn’t to shocked to learn contaminated soil was found in that area.

“One of the early businesses that was here, but I don’t know that we can completely blame it on, but the People’s Oil Company was right on this side of the bridge.” Murray told WJBF NewsChannel 6.

Murray says Riverside Village used to be the home of the Industrial Lumber Company.

At one point it was the North Augusta Dispensary and

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