North Carolina Marijuana News

A homeowner in North Carolina received a life sentence on Thursday, Feb. 22, for killing a man in his front yard.

Chad Copley, 40, was convicted of first-degree murder for the 2016 death of Kouren-Rodney Bernard Thomas, 20.

Thomas was leaving a house party down the street from Copley’s home when he was shot, reported WRAL.

Prosecutors said that Copley called 911 to let them know he was “locked and loaded” and on his way to secure his neighborhood from what he described as a “bunch of hoodlums.”

“‘I’m going to kill ’em,’” Copley said, Wake County prosecutor Patrick Latour told jurors.

Defense attorneys said that the party was rife with unruly people and deputies found smelled marijuana on some of the partygoers.

One of the people who testified for the defense, Justice Evuka, is an accused drug dealer who is in jail on felony marijuana charges, reported the Charlotte News-Observer.

And a police officer said that officers found a gun in the vehicle that Evuka rode to the party.

Jurors deliberated for less than two hours before unanimously reaching

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CONYERS — With cooperation from two North Carolina law enforcement agencies, the Rockdale County Sheriff’s Office made a traffic stop on Ga. Highway 138 Thursday, seizing 30 pounds of marijuana. The investigation then led to a search warrant at a home on Jessica Way where 10 more pounds of marijuana were found. Two people have been arrested and charged, with more arrests pending.

“I am proud to announce that the deputies at Rockdale County Sheriff’s Office are working hard for the citizens of Rockdale,” said Sheriff Eric J. Levett. “We will not allow people to traffic drugs to or through our county.”

According to a news release from the Sheriff’s Office, the Rockdale County Special Investigation Unit (RCSIU), along with officers from the Gastonia (N.C.) Police Department and the Charlotte (N.C.) High Intensity Drug Trafficking Area (HIDTA) concluded a three-month investigation into the drug trafficking activities of several individuals at the Jessica Way residence.

Thursday the RCSIU conducted a traffic stop on a pickup truck on Highway 138 near Eastview Road. Approximately 30

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After a flat financial year in 2016, Nixon Peabody saw its bottom line grow 3.4 percent last year, to $473 million.

Revenue per lawyer at the firm, which as a result of a 1999 merger has its roots in Boston and Rochester, New York, grew 6.4 percent in 2017, to $787,000, up from $740,000 the year before. Profits per partner jumped 13.4 percent, to $1.1 million, up from $980,000 in 2016.

“We were very proud of our year,” said Nixon Peabody’s CEO and managing partner Andrew Glincher, who assumed leadership of the firm in early 2011 after scuttled merger talks with Locke Lord.

Glincher attributed the firm’s bolstered bottom line to organic growth fueled by a commitment to a strategy designed to deliver better value to clients.

“We had a great year because of strategic investments we’ve been making in our talent, in our focus on the marketplace, [making] our collaborations better,” Glincher said. “We’re providing newer and better value to our clients in different ways.”

Part of that investment was setting up an office in Raleigh, North Carolina,

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February 22, 2018 – By Jan Rainey

KAYA HOLDINGS INC (OTCMKTS:KAYS) had a decrease of 82.49% in short interest. KAYS’s SI was 5,900 shares in February as released by FINRA. Its down 82.49% from 33,700 shares previously. The SI to KAYA HOLDINGS INC’s float is 0.01%. The stock decreased 5.28% or $0.0085 during the last trading session, reaching $0.1525. About 256,390 shares traded. Kaya Holdings, Inc. (OTCMKTS:KAYS) has 0.00% since February 22, 2017 and is . It has underperformed by 16.70% the S&P500.

Maryland Capital Management decreased Schwab Charles Corp New (SCHW) stake by 7.29% reported in 2017Q3 SEC filing. Maryland Capital Management sold 34,530 shares as Schwab Charles Corp New (SCHW)’s stock declined 7.92%. The Maryland Capital Management holds 438,957 shares with $19.20M value, down from 473,487 last quarter. Schwab Charles Corp New now has $69.95B valuation. The stock decreased 0.23% or $0.12 during the last trading session, reaching $52.18. About 2.78 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since February 22, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Kaya Holdings,

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At a recent meeting of the Winston-Salem City Council, Tim Lounsbury, a Winston-Salem resident and deputy director of NC NORML asked local leaders to sign on to a resolution supporting the legalization of medical cannabis. Cannabis is currently legal in 29 states and in Washington, D.C. After much consideration, I have concluded that if we want to increase the state and local tax bases, address the escalating opioid crisis, and promote bi-partisan criminal justice reform, North Carolina should consider medical cannabis.

The potential financial gains for state and local governments through increased retail sales, payroll and business taxes are staggering. Cannabis is projected to infuse over $130 billion into US tax coffers by 2025. Colorado, for example, raked in over $1.5 billion dollars in 2017 and collected just under $250 million in taxes and fees.  As legislators in the NC General Assembly continue to stall on approving a bill that would allow for the use of medical cannabis, taxpayers will continue to miss out on the surplus revenues that would create jobs, increase teacher salaries, and fund desperately needed infrastructure

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Two men pleaded guilty Wednesday in U.S. District Court in Bluefield for their roles in a drug trafficking conspiracy, announced United States Attorney Mike Stuart.

Shawn Akiem Anderson, 44, of Mount Hope, pleaded guilty plea to conspiracy to distribute and possess with intent to distribute less than 50 kilograms of marijuana.

Karl Funderburk, 31, of Teays Valley, pleaded guilty to using and carrying a firearm during a drug trafficking crime.

Anderson and Funderburk are two of 23 defendants indicted in June 2017 after a comprehensive investigation of drug trafficking in southern West Virginia, Stuart said.

Anderson admitted that between May 2017 and June 28, he conspired with others to distribute cocaine, heroin and marijuana. Anderson admitted to working with Detria Carter and others to distribute marijuana in and around Raleigh County and admitted that he distributed or possessed with the intent to distribute approximately 44 kilograms of marijuana during this time frame.

Funderburk admitted that between August 2016 and March 1, he assisted Velarian Carter, Detria Carter, and others, in operating a drug trafficking organization.

Funderburk told the court that

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More than 250 hemp happenings take place in early June, when Hemp History Week arrives.

The campaign — set for June 4–10 — is coordinated by the Hemp Industries Association and Vote Hemp. HIA is a nonprofit trade group representing hemp companies, researchers, farmers and supporters. Vote Hemp is a nonprofit advocacy group.

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The logo for Hemp History Week.

Image: Courtesy hemphistoryweek.com

Hemp History Week is an industrywide effort sponsored by brands such as Dr. Bronner’s, Manitoba Harvest, Nature’s Path Organic, Nutiva, Pacific Foods and Plus+ CBD Oil.

A focus will be on lobbying in Washington, D.C., and at state capitols, but some 250 other grass-roots events also are planned — plantings, markets, film screenings and more.

Last year, more than 25,000 acres of hemp were planted and harvested in the United States. That’s a record in the few years since passage of the 2014 Farm Bill, which has resulted in 34 states lifting a ban on industrial hemp farming at the state level.

States that legalized industrial hemp farming — per provision

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Photo by Vitaly on Unsplash

The president of a medical marijuana wholesaler, an investor whose son lobbied the White House on behalf of Venezuela and Boston Celtics general manager Danny Ainge’s wife made the list.

So did the CEO of an L.A.-based video game company, a wealthy student in Oregon and a Texas retiree who made over 1,400 distinct donations in 2017.

Twenty-seven new donors broke onto the scene last year by giving at least $100,000 to political causes after contributing no more than $20,000 from 1989 to 2016. It’s an eclectic group to say the least.

The only obvious through line between these top donors is that the vast majority — 23 of the 27 — gave to Republican causes.

Top 27 new donors (2018 cycle) Donor Occupation / Employer 2017 1989 – 2016 Diff. Top Recipient(s) Greg Lindberg Eli Research $622,500 $7,900 $614,600 North Carolina Republican Party Michael Porter Retired $500,000 $0 $500,000 #ProjectRedTX Austin Marxe AWM Investment $350,050 $11,275 $338,775 Senate Majority PAC Lianbo Wang Thompson Education Center $339,500 $6,050 $333,450 Trump Victory R.W. Habboush

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A 45,000-square-foot Publix will anchor the project, located at the corner of Peace and North West streets in Raleigh’s central business district.

RALEIGH, N.C. — Williams Realty & Building Co., in conjunction with Kane Realty Corp. and capital partner Lionstone Investments, has received construction financing for the development of a high-rise mixed-use project in Raleigh’s central business district. Colby Mueck, Roger Edwards and Travis Anderson of HFF arranged the construction loan through New York Life Insurance Co. Other terms of the financing were not disclosed. The property is located at the southwest corner of West Peace and North West streets, next to the future 16-acre Devereux Meadows Park. The first phase of the project will include a 45,600-square-foot Publix store, 5,340 square feet of inline retail space, 417 multifamily units and a 735-space structured parking garage. The residential portion will include studio to three-bedroom units averaging 898 square feet. The development team expects to deliver the first phase in mid-2019. Future phases will include additional residential and retail space, along with office and hotel space.

Tagged ,

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Third Point Reinsurance Ltd. (NYSE:TPRE)

Third Point Reinsurance Ltd. (NYSE:TPRE) represented a move of 0 percent or $-0.05 per share and closed its previous day trading session at $14.15. 652623 Shares were traded in the last trading session with an Average Volume of 813.89 Million Shares. The stock currently has a Market Capitalization of 1.52 Billion.

Third Point Reinsurance Ltd. is a property and casualty reinsurance company. The Company operates in two segments: Property and Casualty Reinsurance and Catastrophe Risk Management. Third Point engages in underwriting property, auto, workers compensation, and crop quota share contracts for insurance and reinsurance companies. It also underwrites property catastrophe exposures and writes excess of loss catastrophe reinsurance. Third Point Reinsurance Ltd. is based in Bermuda.

The stock traded between $11.45 and $17.10 over 1-Year time period showing its price to sales ratio of 1.69. Third Point Reinsurance Ltd. (NYSE:TPRE) is currently showing an DECREASING volatility over a period of 10-Days while the 20-Days Volatility showing a INCREASING trend.

Right now, the stock has a 50-Day Simple Moving Average of $-2.25 and 200-Day Simple Moving

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