You're About to Lose the Majority of Your Wealth

Whether you want to admit it or not... America is headed over the cliff. That's why I put this presentation together at great personal risk. Because starting on Nov. 5th you could lose everything you're entitled to as an American, including the majority of your wealth.

Is Mayor Adams' Crackdown On Illegal Cannabis Working? NYC Council Weighs In After 1,000+ Store Closures

Franca Quarneti
September 17, 2024

New York City is intensifying its efforts to curb illegal cannabis sales as a City Council committee meets today, Sept. 17, to assess the impact of Mayor Eric Adams“Operation Padlock to Protect.”

Launched in May of 2024, the initiative grants law enforcement the authority to inspect smoke shops and cannabis retailers, padlocking any stores found selling illegal cannabis.

See Also: NY City Council To Hochul: Stop Cannabis Buffer Zone Loosening Because ‘It Encourages Illegal Sales’

Authorities have shuttered 210 stores in the Bronx alone under the program, including Family Deli on East Tremont Avenue, where they confiscated over 170 pounds of cannabis, News12Brooklyn reported.

Mayor Adams recently confirmed that by the end of August, officials had sealed 1,000 illegal cannabis shops citywide.

Operation Padlock’s Impact On Legal Cannabis Businesses

Operation Padlock has been a game-changer for licensed cannabis retailers in New York. Many shop owners reported a substantial increase in sales after the crackdown began.

According to statements made to Governor Kathy Hochul’s office, legal cannabis businesses experienced a 72% rise in sales within three months of the operation’s launch.

Licensed cannabis operators have long struggled to compete with unlicensed retailers that have been able to undercut prices. By shutting down illicit businesses, the city is helping to level the playing field for those following the rules.

Next Steps For Operation Padlock

The City Council will review the overall effectiveness of Operation Padlock, focusing on how authorities store and dispose of seized products. As enforcement continues, the city hopes to prevent illegal businesses from reopening under different names or in new locations.

City officials encourage New Yorkers to report concerns about illegal cannabis sales to the 311 hotline. Still, some question the legality of the proceedings.

Read Next:

  • New York’s Legal Cannabis Market Surpasses $500M After Crackdown On Illegal Shops
  • Unlicensed Cannabis Sellers Fight Back, Suing NYC For ‘Unconstitutional’ Crackdowns

Continue Reading...

Popular

Why Is Cancer-Focused Immatics Stock Trading Lower On Thursday?

Immatics announced updated Phase 1b data for its IMA203 therapy in metastatic melanoma. A deep tumor reduction response was observed in about half of the patients, with positive survival benefits shown. Phase 3 trials are set to begin by December 2024.

Indonesia arrests a suspect wanted by China for running a $14 billion investment scam

JAKARTA, Indonesia (AP) — Indonesia's immigration officers on the tourist island of Bali have arrested a Chinese suspect sought by Beijing for helping run over $14 billion investment scam to clients in China, officials said Thursday.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Nasdaq-Listed Cannabis Company Eyes Germany's New Hemp Legislation With Intense Interest

Flora Growth Corp. (NASDAQ: FLGC) plans to enter Germany's hemp market, following new legislation that liberalizes industrial hemp cultivation

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

The EV Evolution Goes On With New Developments

Tesla Inc (NASDAQ: TSLA) is having its Robotaxi Day this week. The ‘We, Robot’ event will be held on October 10th in Hollywood as Tesla booked the massive Warner Bros. Discovery Inc. Studios to unveil its latest model.

For migrant women who land in Colorado looking for jobs, a common answer emerges: No

AURORA, Colo. (AP) — East Colfax Avenue was the best place to find a job. That's what everyone told Sofia Roca.

AI's "iPhone Moment" - Ad

Apple is making a major move. And what they're doing could be bigger than the launch of the first iPhone. Destroying and creating fortunes in the process.

Top 3 Health Care Stocks That May Explode This Month

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

Ray Dalio Issues Stark Warning As Investors Get Optimistic About China Again: 'There's Something Big Going On...'

Renowned investor Ray Dalio, founder of Bridgewater Associates, has raised concerns about the complexities of investing in China amid the country's shifting economic policies.

Why We Just Sold Half of Our Stocks - Ad

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Social Security's scheduled cost of living increase 'won't make a dent' for some retirees

WASHINGTON (AP) — Sherri Myers, an 82-year-old resident of Pensacola City, Florida, says the Social Security cost-of-living increase she'll receive in January “won't make a dent” in helping her meet her day-to-day expenses.

This Hidden Player Runs the Country Now - Ad

Let's face it: Joe Biden was never in control of anything. Neither is Kamala Harris. So, who's really calling the shots? This hidden player who exercises power behind the scenes. That's why I've sent you this note at great personal risk because he will not quit until he takes everything you have.

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

The Crypto Whisperer Just Sounded the Alarm - Ad

Ian King just made a surprise prediction that these 3 cryptos will take off immediately after the election. Today, Ian predicts one specific event will send Bitcoin on one final bull run...And when it does...Three specific "alt" coins will ride the Bitcoin bull...Far exceeding Bitcoin's gains.

Top 3 Tech Stocks That Are Ticking Portfolio Bombs

Three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Early Nvidia, AMD, and Tesla Investor Shares New AI Picks - Ad

Jeff Brown, the tech expert who recommended Nvidia, AMD, and Tesla, is now releasing new AI stock picks. He believes they could deliver even bigger gains than before.

In Philadelphia, Chinatown activists rally again to stop development. This time, it's a 76ers arena

PHILADELPHIA (AP) — Vivian Chang works on a narrow Philadelphia street that would have been consumed by a Phillies stadium had Chinatown activists not rallied to defeat the plan in the early 2000s. Instead of 40,000 cheering fans, the squeals of young children now fill the playground at Folk Arts-Cultural Treasures Charter School, which opened in 2007.

Authorities are investigating after a Frontier Airlines plane lands with fire in one engine

LAS VEGAS (AP) — Federal authorities said Sunday that they are investigating the emergency landing of a Frontier Airlines plane in Las Vegas.

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity

When Cindy Taff was a vice president at the giant oil and gas company Shell in Houston, her middle schooler Brianna would sometimes look over her shoulder as she worked from home.

Gold at $2,600... But This Stock Gives You More for Under $20 - Ad

Gold just soared over $2,600 an ounce. But what if I told you there's a way to get exposure to MORE than an ounce of gold... for less than $20? I've found a little-known gold play that gives you a way to claim a stake in over an ounce of gold for a fraction of the price. But I don't expect this to last long.

SpaceX launches rescue mission for 2 NASA astronauts who are stuck in space until next year

CAPE CANAVERAL, Fla. (AP) — SpaceX for the two stuck astronauts at the International Space Station on Saturday, sending up a downsized crew to bring them home but not until next year.

Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad

Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.

Ex-'Apprentice' candidates dump nearly entire stake in owner of Trump's Truth Social platform

A Florida firm owned by former contestants on “The Apprentice” has disposed of nearly all its 5.5% stake in Trump Media & Technology Group, which owns former president Donald Trump's Truth Social platform.

Vista, Blackstone buying software maker Smartsheet for about $8.4 billion

Private equity firms Vista Equity Partners and Blackstone are buying software maker Smartsheet for approximately $8.4 billion in cash.

Tesla Execs Are Freaking Out - Ad

You might not believe what you're about to see is real, but I assure you the video has been left unedited. It's so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity.

Elon Musk Urges Rally Crowd: 'Vote For Trump To Save Democracy'

Elon Musk appeared at a Donald Trump rally in Butler, Pa., on Saturday, where he made a fervent appeal to Trump supporters to register and cast their votes in next month's election.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright smartmoneytrading.net
Privacy Policy | Terms of Service