Top 5 Rock-Solid Dividend Stocks With High-Yield

Dividend stocks are not as volatile as growth stocks, making them suitable for almost any investor! These top dividend stocks from time-tested businesses offer high yields along with massive growth potential!

By clicking the link above you will automatically opt-in to receive emails from SmartMoneyTrading

Kentucky governor announces lottery to award initial round of medical cannabis business licenses

BRUCE SCHREINER
April 18, 2024

FRANKFORT, Ky. (AP) -- Kentucky will use a lottery system to award an initial round of licenses to businesses competing to participate in the state's startup medical cannabis program, Gov. Andy Beshear announced Thursday.

The governor called it a fair way to give each applicant that clears the screening process an opportunity to land a license for the program, which launches statewide at the start of 2025.

The lottery, set for October, should remove any temptation to lobby in an effort to "get a leg up in different ways that we don't want to see," Beshear said at his weekly news conference.

"It reduces or eliminates litigation, and it creates a more fair process, not one where people bid against each other and only then the big companies can be a part of it," the governor said. "But one that provides at least a chance for everyone who can meet the criteria."

The state initially will issue 48 medical cannabis dispensary licenses, divided among 11 regions. The goal is to ensure the shortest possible drive times for Kentuckians with qualifying health conditions, said Sam Flynn, executive director of the medical cannabis program.

Each region will be allocated at least four dispensary licenses, and counties will be limited to one dispensary with the exception of those that are home to Louisville and Lexington, which can have two licenses, Flynn said.

Limited numbers of cultivator and processor licenses will be issued.

Caps on licenses are meant to avoid flooding the market with medicinal cannabis products and exceed demand, which would hurt businesses and patients, the governor said.

"You can see this is not about having a dispensary on every corner," Beshear said. "It is a limited program that we can monitor and fulfill the promise we made of doing this safely, but also having access in each region for people that do qualify."

The program can be expanded with more businesses in the future depending on demand and whether more qualifying medical conditions are added.

"This is likely the minimum that you will see on the program moving forward," Beshear said. "But again, you can always scale up. Scaling back hurts businesses, hurts people and hurts access."

"We don't start huge. We start with a manageable program that, yes, can grow," he added.

On Wednesday the Democratic governor signed legislation moving up the timeline for licensing cannabis businesses by six months, with the window for applications running from July 1 through the end of August. The change makes it likely that at least limited supplies will be available in January when they become legal, Beshear said.

Medical marijuana supporters overcame years of setbacks in Kentucky when lawmakers passed the measure last year legalizing medical cannabis for people suffering from a range of debilitating illnesses, including cancer, multiple sclerosis, chronic pain, epilepsy, chronic nausea and post-traumatic stress disorder.

The governor has advocated for adding more conditions to the qualifying list, but the bill he signed Wednesday did not do so.

Local governments and schools can decide not to participate in the state program.

Continue Reading...

Popular

Elon Musk Gives One-Word Response To Joe Biden's Dig At Donald Trump At White House Correspondents' Dinner

Elon Musk reacted to President Joe Biden's recent comments at the White House correspondents' dinner with a one-word response that sparked some discussion on social media.

Top 3 Tech Stocks That May Explode This Month

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

Mysterious Gold Leverage Just Announced - Ad

Ex-Goldman Sachs VP reveals a secret of the rich and connected that lets you tap into the upside of a huge amount of real, physical gold for just a few dollars at a time. He says the upside could be near 1,000% in the coming future.

Delta Flight Returns To Atlanta After Takeoff: Boeing 757 'Yawing Aggressively'

Delta Air Lines flight from Atlanta to Ft. Lauderdale diverted back to Atlanta due to Boeing 757 yawing aggressively.

Olympic track uniforms spark online debate about who designed them and why they're so skimpy

PARIS (AP) — U.S. track and field athletes have around four dozen pieces to choose from when assembling their uniforms at the Olympics. The one grabbing the most attention is a high-cut leotard that barely covers the bikini line and has triggered debate between those who think it is sexist and others who argue they don't need the internet to make sure they have good uniforms.

Titanium Shortage Threatens Industry Titan - Ad

A titan of the aerospace industry announced it would no longer purchase titanium from Russia, a key supplier. With a global shortage of the lightweight "wonder metal" already in play, aerospace-grade titanium has become particularly scarce.

Trump vs. Biden: Nationwide Poll Shows Key Issue Decidedly Tilts Equation In Favor Of One Candidate

Even though the economy has been relatively stable despite challenges, voters remain unconvinced about the Biden administration's performance.

Shiba Inu Army Cheers As Burn Rate Soars 172%, Price Rebounds

Dogecoin killer Shiba Inu (CRYPTO: SHIB) has experienced a significant surge in its burn rate, increasing by an impressive 172%.

Crypto Reboot Finally Makes An 8,788% Return Possible [NOT Bitcoin] - Ad

A crypto millionaire is revealing that a different cryptocurrency is going to do even better... It's not simply "buy the dip." Instead, it's a strategy that James learned during the dot com stock market crash. Not only has this strategy worked in a crash... it needs a crash to work best.

Southwest Airlines is considering changes to its quirky boarding and seating practices

DALLAS (AP) — Southwest Airlines is studying changes to its quirky boarding and seating policies as it searches for ways to .

Biden Reveals Personal Struggles After First Wife's Death: 'Let Me Just Go To The Delaware Memorial And Jump'

In a candid interview with radio host Howard Stern, President Joe Biden revealed his thoughts of suicide following the tragic death of his first wife and daughter.

Buy Alert: Invest in This Coin Before... [Details Inside] - Ad

Today, Ian issued a new "buy alert. He's calling this one "the greatest investment in history," and adds: "All my data is clear. It will be 20X bigger than bitcoin. "But you'll want to invest before the upgrade date.

The world's largest 3D printer is at a university in Maine. It just unveiled an even bigger one

ORONO, Maine (AP) — The world’s largest 3D printer has created a house that can cut construction time and labor. An even larger printer unveiled on Tuesday may one day create entire neighborhoods.

Jim Cramer Turns Bullish On Palantir: 'Make A Move And Buy Some'

CNBC’s “Mad Money” host Jim Cramer has given a thumbs up to Palantir Technologies Inc. (NYSE:PLTR), sparking interest among investors.

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

NY AG Letitia James Seeks To Void Trump's $175M Bond In Civil Fraud Case

The New York Attorney General Letitia James' office has moved to invalidate the $175 million bond secured by former President Donald Trump.

Germany's Scholz calls for fair competition and warns against dumping during China visit

BEIJING (AP) — German Chancellor Olaf Scholz called for fair competition in trade relations with China while warning about dumping and overproduction as he spoke to students in Shanghai on Monday.

Bitcoin Gained 164% in 2023 but Crypto Millionaire Abandoned It for This - Ad

A certain crypto genius and millionaire has been praising Bitcoin since it was trading for $61. Even though it gained 164% last year, he's now recommending a different cryptocurrency. In fact, he's betting his own money on and buying it like crazy.

Missouri's $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses

The Missouri cannabis market set a new monthly sales record in March, reaching nearly $125 million. According to the latest data from the Missouri Department of Health and Senior Services (DHSS), the adult-use cannabis sector contributed $108.7 million in March, with medical cannabis adding another $16 million, culminating in a total of $124.7 million.

Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota

A Native American-led nonprofit has announced that it purchased nearly 40 acres (16.2 hectares) of land in the Black Hills of South Dakota amid a growing movement that

MUST SEE By May 1: Beware Biden's Trojan Horse - Ad

It could usher in the most radical transformation of our money we've ever seen in America's history... trigger a surprise election outcome in the coming months... and fundamentally alter the value of your savings forever. One 24-year market veteran warns that most Americans simply aren't prepared for what's coming on May 1.

Apple CEO says that he wants to increase investments in Vietnam

HANOI, Vietnam (AP) — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub.

Joe Biden Reverses Stance, Agrees To Debate Ex-President Ahead Of 2024 Rematch: 'Trump Makes Fun Of Me'

President Joe Biden indicated his willingness to debate Donald Trump in the upcoming 2024 general election, reversing his earlier hesitation and responding to Trump's open challenge for a debate under any conditions.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

Elizabeth Warren Says Trump Had Only 2 Accomplishments As President: 'Huge Difference Between' Biden, Trump

Elizabeth Warren thinks Donald Trump only accomplished two things when he was president and neither is highlighted as a positive by the senator.

Why Media Company Omnicom Shares Are Trading Higher Premarket Today

Omnicom Group reported 5.4% revenue growth, with organic growth of 4.0%. Adjusted EPS beat expectations.

Central Banks Buying Gold in Record Numbers - Ad

Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can... Stacking it in their locked vaults on pallets in record numbers. Find out why right here (and see what you can do to get in too with just a few dollars).

First major attempts to regulate AI face headwinds from all sides

DENVER (AP) — Artificial intelligence is helping decide which Americans get the job interview, the apartment, even medical care, but the to reign in bias in AI decision making are facing headwinds from every direction.

Elon Musk Debunks Tucker Carlson's Alien Theory, SCOTUS On Trump's Immunity, North Korea's Military Pledge And More: This Week In Politics

The week was filled with intriguing stories, from Elon Musk's dismissal of alien theories to the U.S. Supreme Court's deliberation on former President Donald Trump's immunity claims.

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

EXCLUSIVE: Industry Leaders Predict How The Bitcoin Halving Impacts Prices And Mining

As the cryptocurrency world braces for the upcoming Bitcoin halving, industry leaders told Benzinga they expect significant market shifts, voicing concerns over mining centralization.

5 cars from the Beijing auto show that reflect China's vision for the future of driving

BEIJING (AP) — China's vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing .

The Man Who Bought Bitcoin at $5 Reveals His Next Tiny Crypto Gem for 2024 - Ad

Early Bitcoin Millionaire Charlie Shrem just revealed his five little-known crypto coins that he believes could create generational wealth over the next 12 months. What's more, some of these tiny cryptos he's discovered trade for less than $1!

Apple, Rivian, Amazon, Nikola, Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Thursday, the primary U.S. stock market benchmarks closed higher, with the S&P 500 increasing by 0.74% to reach 5,199.06.

Biden's Closed-Door AI Meeting - Ad

Things are moving so fast, President Biden just met with 8 of the top AI experts in the world to figure out how to regulate it. And this small-cap is at the center of this AI-biotech revolution.

RTX Soars Above Estimates in Q1, Reiterates FY24 Outlook

RTX Corporation (NYSE: RTX) reported 12% increase in Q1 FY24 net sales to $19.3 billion, beating consensus. Collins Aerospace and Pratt & Whitney drove the growth.

Russian Government-Linked Hackers Stole Federal Email Correspondence With Microsoft: CISA

Russian government-linked hackers, identified as Midnight Blizzard, have stolen email correspondences from several U.S. federal agencies and Microsoft, marking a significant cybersecurity breach.

The Military Is Handing You This Win - On a Silver Platter - Ad

The Ukraine war isn't being won just by its soldiers, it's being won by software. This "living software" has been such a difference-maker, the U.S. Army just signed a $1 billion contract with the company.

Nvidia Robotics Expert Praises Tesla FSD's 'Human-Like Maneuvers' As Magical

Tesla's latest FSD feature has impressed users like Nvidia employee Yuke Zhu who called it 'magical'. Tesla has made FSD more accessible with price cuts and free trials.

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 trendadvisor.net
Privacy Policy | Terms of Service