Tennessee Marijuana News

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By Jack Gillum and Shawn Boburg,

Fusion GPS bills itself as a corporate research firm, but in many ways it operates with the secrecy of a spy agency. No sign marks its headquarters above a coffee shop in Northwest Washington. Its website consists of two sentences and an email address. Its client list is closely held.

The small firm has been under intense public scrutiny for producing the 35-page document known as the Trump dossier. Senior executives summoned to testify before Congress in October invoked their Fifth Amendment right against self-incrimination, and the firm is resisting a congressional subpoena for bank records that would reveal who has paid for its services.

But hundreds of internal company documents obtained by The Washington Post reveal how Fusion, a firm led by former journalists, has used investigative reporting techniques and media connections to advance the interests of an eclectic range of clients on Wall Street, in Silicon Valley and in the nation’s capital. The firm has played an unseen role in stories that dominated headlines in recent years.

In the years before

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The biggest problem with an effort by Tuscaloosa leaders to relax penalties for marijuana possession is that it makes entirely too much sense. Well, that, and the fact that Tuscaloosa leaders don’t have home rule and can’t make such a change without the Legislature voting to approve it. That means it would be needlessly politicized with the usual banter of misinformation that often stymies any effort for sensible change in our state.

Last Thursday, Tuscaloosa Mayor Walt Maddox and the City Council hosted state lawmakers from West Alabama for an annual breakfast that traditionally happens shortly before the legislators begin a session.

One of the topics discussed was the problem Tuscaloosa has with jail overcrowding. This city is not alone in that. It is a problem throughout the state, but here locally it is at a crisis level. The mayor noted that the criminal justice system is overwhelmed. A huge contributing factor in that problem is that in Alabama if you’re caught with even a small amount of marijuana, state law says you’ve got to be locked up.

More than

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THE FLOODGATES ARE OPEN

Good morning, Term Sheet readers.

All eyes are on bitcoin futures today — even to the point that the Chicago Board Options Exchange (CBOE) website crashed.

The launch of bitcoin derivatives is part of Wall Street’s nifty solution to make people more comfortable with the cryptocurrency … and to let big banks and retail investors trade bitcoin. And why wouldn’t they? The virtual currency has risen more than 1,500% this year, and about 85% just in the past two weeks, driven largely by demand from individual investors. Note that CBOE futures do not involve actual bitcoin — they’re securities that will track the price of bitcoin on Gemini, which is one of the major bitcoin exchanges.

On their first day of trading Sunday evening, bitcoin futures opened at $15,850 in New York and surged past $18,000, while bitcoin itself hovered at around $16,415. The CBOE crashed once due to volume and halted trading twice to cool volatility.

Meanwhile, the bubble chatter continues. While it appears bitcoin is gaining more mainstream acceptance, it remains very divisive. Cameron

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Most people, regardless of their stance on marijuana, are probably not following the saga of the latest federal government shutdown threat closely, if at all. That’s okay, we’re here to let you know what’s going on. Thanks to the complicated nature of funding government entities, a renegotiation the current budget could effectively strike down the legal safe haven afforded to states with legal medical and recreational marijuana.

Cannabis Business Times reports legal marijuana protections could end under any new budget deal that Congress votes to authorize.

As of press time, the government shutdown has been temporarily averted with a two-week stopgap measure, according to the Washington Post. But that measure runs out December 22, 2017, and the new funding deal may give the U.S. Department of Justice the ability to prosecute cannabis business owners, even in legal states.

Among the many unresolved issues in the current federal budget is the continuation of a small but incredibly significant rule called the Rohrabacher-Blumenauer amendment. This amendment prohibits the U.S. Department of Justice from spending money to prosecute legal operators in medical or recreational-use states.

Great

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December 9, 2017 – By Vivian Park

Sentiment for Terra Tech Corp (TRTC)

Terra Tech Corp (TRTC) institutional sentiment increased to Infinity in 2017 Q2. Its up Infinity, from 1 in 2017Q1. The ratio increased, as 4 investment managers opened new and increased equity positions, while 0 reduced and sold equity positions in Terra Tech Corp. The investment managers in our partner’s database now possess: 475,178 shares, up from 213,829 shares in 2017Q1. Also, the number of investment managers holding Terra Tech Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 0 Increased: 0 New Position: 4.

Terra Tech Corp., through its subsidiaries, engages in the design, marketing, and sale of hydroponic equipment with proprietary technology to create sustainable solutions for the cultivation of indoor agriculture. The company has market cap of $210.07 million. It operates through two divisions, Hydroponic Produce and Cannabis Products. It currently has negative earnings. The Hydroponic Produce segment offers produce, herbs, and floral products.

The stock increased 3.27% or $0.008 during the

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September 9, 2016 – Jeremy Drewery (center) is seen leaving after his court hearing in U.S. District Court in Memphis.(Photo: Stan Carroll/The Commercial Appeal)Buy Photo

Errick Bearden said he was a longtime drug dealer selling marijuana, Xanax and promethazine syrup, when he was arrested by then-Shelby County Sheriff’s deputy Jeremy Drewery in August 2016. 

According to Bearden, who testified this week in federal court in Memphis, the deputy asked him if he wanted to work as an informant by setting people up and turning them in. 

“I told him I can’t do that, and he got mad, started rubbing his beard,” Bearden said. “(He) asked ‘how much does it mean to you then?'”

CLOSE

Former Shelby County Sheriff’s deputy Jeremy Drewery is on trial in federal court in Memphis charged with extorting a drug dealer in a church parking lot in Cordova last year, with unlawfully taking money from a person in 2013 and with trying to have a witness killed. Wochit

The two men negotiated

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NEWPORT—Traversing across East Tennessee this week, Tennessee House Speaker and Republican gubernatorial candidate Beth Harwell visited Newport for several hours on Tuesday evening.

During her time in Newport, Harwell visited the Newport Kiwanis Club’s annual Bean Dinner, as well as spoke to members of the Cocke County Republican Party.

Over the past few days, Harwell has spent time in several communities in upper East Tennessee, including Kingsport, Greeneville and Mountain City.

Harwell (R-Nashville) has spent the past seven years as Speaker of the House in the Tennessee General Assembly, and says she hopes to make that experience count for her during a crowded race for the August Republican Primary and nomination for the November General Election. Five other candidates have come out to join the pursuit for the Republican nomination in August, as well as two others seeking the Democratic nomination.

“I think while I’ve been speaker, I’ve helped lead on some of our state’s boldest, most successful reform movements when it comes to education, tax reform and a number of other things,” Harwell

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James Ursery (Metro Police)

NASHVILLE, Tenn.–A Nashville father is behind bars after police say he was driving his three-year-old son around with an open bottle of vodka, crack cocaine, marijuana, and other drugs.

According to the arrest affidavit for James Ursery, police say they watched him drop off his child to a woman outside the Community Market on Trinity Lane. Driving without a seat belt, police pulled Ursery over and could smell marijuana coming from inside.

A search of the car found 2 grams of crack cocaine, 18 grams of marijuana, 28 Adderrall pills, another plastic bag filled with pills, and an open bottle of vodka in the back seat floorboard. Officers also found $3,386 on Ursery which they say is consistent with street level narcotics sales.

Police say while being searched Ursery kicked one of the detectives in the shin and made threats along with a homophobic statement towards police. He was also found to be driving on a suspended driver’s license.

TRACK

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Headed back to town for a special “Merry Christmas, Baby” performance of hits and seasonal takes Sunday at Arcada Theatre in St. Charles, I spoke with Melissa Etheridge about responding to the world in song, change from within and much more. Sunday’s concert benefits Toys For Tots and fans are encouraged to bring an unwrapped gift or donation to the venue… 

“If you disrespect anybody
That you run in to,
How in the world do you think
Anybody’s s’posed to respect you?”

Those are the words sung by Pops Staples to open one of the most recognizable Staple Singers hits, “Respect Yourself.” In 1971, the song crossed over, acting as a self-empowering anthem for both African Americans and women during the post-Civil Rights era.

Sadly, 46 years later, the song remains about as relevant in America as it’s ever been.

In 2015, Melissa Etheridge began combing through the archives of famed Memphis soul label Stax Records in preparation for her Memphis Rock and Soul album, a collection of cover songs which bridge the gap between R&B, soul and rock and roll. Collaborating with singer Priscilla Renea,

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With America caught in the throes of the opioid epidemic, researchers and drugmakers alike continue to suggest that the answer lies in marijuana-based painkillers. In fact, a number of studies also hint that medical cannabis might be the magic bullet everyone is looking for.

Not so fast, some key experts said at the Forbes Healthcare Summit. Dr. Tom Frieden, the former head of the Centers for Disease Control and Prevention (CDC) under President Obama, leveled sharp criticism at the idea of marijuana replacing opioids as viable painkillers. Frieden, who now spearheads the non-profit Resolve to Save Lives—a $225 million, five-year global health campaign—was quick to say medical marijuana won’t end the crisis.

“The huge problem with legalization is that in the current legal context of the U.S., if you legalize a product you cannot restrict its market, and what we’re looking at is the prospect of having Big Tobacco paralleled by Big Marijuana actively promoting marijuana use,” Frieden said. “It could be very harmful for some people and some communities. That said, there may be a role for some individuals, and

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