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Why Europe is about to Become the Most Important Place in the World for Cannabis Investment

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cannabis investment

In North America, the cannabis sector has experienced ups and downs in the wake of relaxing regulations. Meanwhile, a new frontier market is opening up in Europe, and World High Life PLC (NEX: LIFE), is among the first cannabis companies to take full advantage of this opportunity.

When Florida residents approved the use of medical cannabis in 2016, the market has been growing rapidly. Florida currently represents the second fastest-growing medical cannabis market in the United States, according to actualidadradio.com. In one year, the number of patients who consume cannabis for medical purposes doubled. That also leads to a greater number of people who want recreational use to be legalized, explained Marijuana Business Daily.

Kristin Petrik, one of Florida’s 400,000 patients who have medical permission to smoke cannabis, says there are many more resources now. “From when we started in 2016 until now, the medical cannabis program has changed things completely,” she said.

In this regard, the political group Make It Legal Florida, continues to collect signatures with the goal of reaching 766,000, which are necessary to bring full cannabis legalization in front of voters, in November 2020.

For those who are in favor of cannabis legalization, the initiative will allow the use, regulated sale and purchase of cannabis from the age of 21, as well as authorizing people to grow it at home for personal use.

However, not everyone supports the proposal. For example, the group Moms Against Drugs, who, through its spokesperson, Miriam Menendez, says that places like Washington DC, where recreational use of cannabis is allowed, have seen the number of accidents increase considerably.

So far, the medical use of marijuana is permitted in 33 states of the United States.

World High Life plans to become the main player in the emerging European cannabis market

Following on the steps of the North-American cannabis market, a new frontier market is opening. The nascent European cannabis market has huge potential and cannabis companies, as well as investors, are turning their attention towards it.

One UK-based cannabis investment company that plans to become the world’s biggest CBD and medical cannabis player is World High Life PLC (NEX:LIFE). Founded by two highly experienced North-Americans, the owners of Supreme Cannabis ( TSX:FIRE) and 1933 Industries (CSE:TGIF), WHL brings the experience from the North-American cannabis market and applies it to the lucrative European cannabis sector.

World High Life is not just another cannabis company, it’s an investment company that focuses on identifying and acquiring companies from UK and other European countries that have the potential to dominate the cannabis sector in a few years. Many investors missed out on the opportunity of the Canadian cannabis market, but Europe represents a second chance for them. By purchasing a single stock, investors will have access to a portfolio of top companies from UK and other European countries.

Recently, World High Life has purchased Love Hemp, the UK’s leading CBD company, in a transaction valued at 9 million GBP. Love Hemp products are now on the shelves of 1,200 UK high street stores. Additionally, they have agreements with big networks such as Boots, Tesco, Superdrug and Sainsbury’s. The two companies are planning the expansion to other European markets, starting with Germany in 2020.

European countries are starting to take the lead in the cannabis industry. As a result, there is an increased interest among investors who want to capitalize on the trends they missed on the US cannabis market.

Dan Smith is probably best known for his writing skill, which was adapted into news articles. He earned degree in Literature from Chicago University. He published his first book while an English instructor. After that he published 8 books in his career. He has more than six years’ experience in publication. And now he works as a writer of news on Apsters Media website which is related to news analysis from entertainment and technology industry.

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Wicked Box Office Hits Global Milestone, Poised to Surpass Kung Fu Panda 4 and Godzilla x Kong

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The box office for Wicked hits a significant milestone worldwide as it gets ready to surpass Godzilla x Kong and Kung Fu Panda 4.

Wicked is still doing well despite recent box office releases that have caused significant disappointment. The most recent Wizard of Oz musical was too good for the Spider-Man villain and the Tolkien adaption to compete with Kraven the Hunter and The Lord of the Rings: The War of the Rohirrim in the same week. Wicked has already exceeded its $145 million budget following a record-breaking first weekend that raked in over $160 million globally.

It has achieved even more success this past weekend. Variety said that after making $359 million domestically, the musical adaption made over $524 million internationally. It is currently on track to surpass Godzilla x Kong: The New Empire and Kung Fu Panda 4, which brought in $547.6 million and $571.1 million, respectively. Having significantly outperformed Grease’s $188.62 million total, it is also officially the highest-grossing Broadway adaption in domestic box office history.

What the Box Office Success of Wicked Means

Musicals and animated blockbusters are regaining their position at the box office after ten years of action film supremacy. Inside Out 2 and Despicable Me 4 have taken first and third place for the entire year, while Moana 2 and Wicked are the top films this weekend. With a $1.3 billion box office total, Deadpool & Wolverine is still in second place, but it’s probably the only action film to stay in the top five globally. Dune: Part Two may lose its position when Mufasa: The Lion King is released the following week:

TitleDomesticWorldwide
Inside Out 2
$653 million$1.7 billion
Deadpool & Wolverine
$637 million$1.3 billion
Despicable Me 4
$360 million
$970 million
Moana 2
$338 million$717 million
Dune: Part Two
$282 million
$714 million

This pattern is probably due to the fact that, other from Deadpool & Wolverine, neither DC nor Marvel have released any successful films this year. With Joker: Folie à Deux, DC tried to duplicate its $1 billion triumph, but it only made $200 million globally. With the exception of Wicked, every film in the top 10 global releases for 2024 has been a sequel, creating a distinct market. Based on a Broadway musical and The Wizard of Oz, Wicked is not a completely original film, but its box office performance does demonstrate that non-sequels may be successful in theaters in today IP-driven landscape.

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Danny Ramirez on Joaquin Phoenix Leaving the Gay Romance Film Directed by Todd Haynes

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Todd Haynes was planning to cast Danny Ramirez and Joaquin Phoenix in a gay romance movie. However, Phoenix left the untitled production five days before Guadalajara, Mexico, filming got underway.

At the Academy Museum Gala on Saturday night in Los Angeles, Ramirez told Variety’s Marc Malkin, “It’s definitely disappointing.” “If anything,” he continued, “If anything, it just gave me more inspiration to keep driving, keep pushing, and knowing that I’m on the right path and approaching the work the right way. So that’s what I’m excited about.”

The movie, which depended on Phoenix’s casting, was in danger after it was revealed in August that he had quit the production, according to sources. Two guys in love in the 1930s who escape Los Angeles and travel to Mexico were the main subject of the NC-17-rated movie.

“It’s definitely a very complicated situation,” Ramirez stated. “The audition process was extensive, and so what I walked away with that was just the artistic validation of throwing down opposite of [Phoenix] in this chemistry read… There was a moment that I was like, ‘Oh, I’ve arrived as a performer.’”

“The most recent update is ‘hopefully.’” Ramirez said in response to a question about whether the movie is still in development with filmmaker Haynes.

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David Schwimmer Remembers Rejecting “Men in Black”: ‘That Would Have Made Me a Hollywood Star’

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Although David Schwimmer admits his “career would have taken a very different trajectory” if he had been the lead in the 1997 movie, he doesn’t regret declining Men in Black.

The actor said, “That’s not why I turned it down,” in response to a question on a recent episode of the podcast Origins With Cush Jumbo regarding whether he rejected down the successful franchise because it conflicted with his Friends filming schedule. Rather, he decided to become a feature film director.

Schwimmer said, “[It] was a brutal decision.” the actor chuckles. “I had just finished filming The Pallbearer, my first film with Gwyneth Paltrow, and there were high expectations of that, which didn’t come true (Laughs). It was kind of a bomb, but there were high expectations, and the studio, which was Miramax, wanted to lock me into a three-picture deal at a fixed price, and I said I would do that if I got to direct my first movie.”

After months of talks, the intelligence actor said that they had come to an agreement whereby he “would act in three more movies for them” in exchange for allowing him to “direct my entire theater company in the first film,” Since You’ve Been Gone from 1998. The film was told through the perspective of a doctor who was severely beaten up by a fellow graduate on graduation day, humiliating him and setting the stage for a ten-year class reunion.

“All these unknown actors but I was going to put them on the map, basically. I was going to let everyone discover the talent of this amazing company,” Schwimmer said, “We found this amazing script, and we were developing it. We started pre-production. All my best friends in the world in my theater company quit their jobs so they could be in this film over the summer, which was going to be a six-week shoot in Chicago.”

However, Schwimmer had to make a tough decision about his career because the production for his directing debut happened to coincide with the filming of Men in Black.

The Six Days Seven Nights actor recalls, “We’re in pre-production, hired the whole crew, everything’s going and that’s when I was offered Men in Black.” “It was a direct conflict with this. My summer window from Friends was four months. I had a four-month hiatus and Men in Black was going to shoot exactly when I was going to direct this film with my company. And of course, it was an amazing opportunity. However, my theater company and that relationship with all those people would probably have ended. I don’t think it would have recovered.”

Schwimmer stated that he is unsure if “he made the right choice,” but he firmly feels that in these kinds of circumstances “you have to follow your gut, you have to follow your heart.”

“Look, I’m really aware, whatever 20 years later maybe more, [Men in Black] would have made me a movie star,” he continued. “If you look at the success of that film and that franchise, my career would have taken a very different trajectory.”

In the end, Tommy Lee Jones and Will Smith played the key parts in the Men in Black franchise.

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