Cannabis News
StickIt releases new statement to clarify intentions of LoI
StickIt Technologies has released a statement to clarify the October 16, 2025 news release regarding the binding letter of intent with Capitalink.
The LOI is dated October 12, 2025 and was signed on October 15, 2025. As previously announced on October 16, 2025, Capitalink will acquire all rights to amounts owed to Mr. Eli Ben Harosh and Mr. Asher Holzer (Directors of the Company), totaling $380.0000. According to the Company’s interim financial statements for the six months ended June 30, 2025, this amount as of June 30, 2025 was $617,000. This amount is expected to be updated in the Company’s interim financial statements for the nine months ended September 30, 2025. Capitalink and its shareholders are related to the Company.
StickIt wishes to further clarify that it intends to complete a post-merger private placement of units of not less than $700,000 and not more than $1,050,000 (the “Units”) at $0.05 per Unit, each such unit consisting of one (1) common share and one (1) common share for each three-year warrant period (each purchase period of a 3-year warrant). date of issuance, paid $0.05 per additional common share of the Company.
Even if the operations foreseen by the LOI will allow the new shareholders to hold more than 50% of the voting securities of the Company, it is not expected that there will be a change of control of the Company. The transactions contemplated by the LOI are not expected to result in a Fundamental Change (as defined in the policies of the Canadian Securities Exchange) at the discretion of the CSE.
For more information:
StickIt Technologies
(email protected)
stickit-labs.com
Cannabis News
A steel roof transforms the silo into a solid building instead of a container with a cover on it
The future of steel roofs in water silos
The demand for steel roofs on water silos in the Netherlands is increasing rapidly. According to Bas van der Elst of silo producer Hendic, this development reflects a structural change in the market rather than a temporary trend.
“Growers are increasingly choosing the safety of steel over traditional covers,” he says. “This is largely driven by safety concerns, but also by more stringent requirements from insurers and authorities.”
Van der Elst explains that structural reliability is a key factor behind the growing interest. “It’s about the reliability of the construction. A steel roof can withstand significant snow and wind loads, much more than a traditional roof. However, certification is often the deciding factor. At Hendic, we include the steel roof in the structural calculations and the CE certification of the entire silo. This is essential compared to PVC roofs.”
© Hendic
Why has CE certification become so important?
The importance of CE certification has increased, especially in export markets. “In Germany and other countries, many municipalities will not issue a permit without a structural calculation that complies with local regulations,” explains Van der Elst. “Insurers are also increasingly requiring the silo to be assessed and insured as a single unit. The steel roof effectively turns the silo into a solid building, rather than a basin with a sheet on top. This provides producers with legal certainty and operational peace of mind.”
Is safety a factor in addition to construction?
In addition to structural resistance, local security plays an important role. “With a steel cover, a silo is completely enclosed. We equip them with a lockable access gate, so the silo can literally be locked. Compared to a tented cover, it’s a significant improvement in yard security.”
© Hendic
Does this mean the end of the popular PVC covers?
According to Van der Elst, steel roofs do not mean the end of PVC-based systems. “The various systems we offer, from simple tension roofs to floating roofs and domes, have proven their worth and remain highly functional in most situations. However, for producers dealing with strict building regulations or extreme weather conditions, steel roofs offer the greatest added value today.”
© Hendic (gn)
For more information:
Bas van der Elst
Hendic bv
(email protected)
https://www.hendic.nl/
Cannabis News
Florida Lawmakers Pass Bill To Provide Discounted Medical Marijuana Cards For Military Veterans
The Florida House of Representatives has overwhelmingly passed a bill to reduce the fee for military veterans to obtain medical marijuana registry identification cards.
The measure passed by Reps. Susan Valdés (R) and Michelle Salzman (R) unanimously on Wednesday in a 113-0 vote. The proposal comes after clearing three House panels and separate Senate legislation to reduce the cost of cannabis for veterans is also moving forward.
If enacted into law, HB 887 would require honorably discharged veterans to pay $15 to obtain a medical cannabis card, down from the current $75 rate for most eligible patients.
The $15 charge will also apply to replacement cards as well as annual renewals.
To receive the reduced fee, veterans must provide the state Department of Health (DOH) with a copy of the discharge form, a US Veterans Affairs (VA) identification card, or a Florida driver’s license with a “veteran designation.”
The law will come into effect on July 1 of this year.
“Medical cannabis has shown promise in relieving symptoms commonly experienced by military veterans, such as managing chronic pain, mitigating the effects of PTSD, improving sleep and reducing opioid addiction,” Valdés said on the House floor. “This bill greatly reduces veterans’ financial barriers to accessing medical marijuana, their health solution of choice.”
“Reducing the cost of access is not only a symbolic gesture to the veterans who serve us, it directly removes the often very high cost barrier that prevents already underserved veterans from participating in this program, and this is one way to show our veterans how grateful we are by turning that slate green,” he said. he saidas before notify By Florida Politics.
According to A invoice study, the reform “would have an unspecified negative fiscal impact on the DOH.” While there are currently 931,000 registered medical marijuana patients in Florida, “the number of veterans with an active medical marijuana use registry identification card is unknown” and thus “the amount of revenue reduction is unknown.”
That said, the analysis says the policy change “would have a positive fiscal impact on veterans who will see a $60 reduction in the cost of ID cards under the bill.”
Earlier this month, the Senate Health Policy Committee advanced a bill by Sen. Alexis Calatayud that would reduce medical cannabis registration fees for veterans to $15 and implement other reforms to expand access to medical marijuana.
Under that amended proposal, a physician would recommend a 70-day supply limit for cannabis, or a 35-day supply limit for marijuana smoking products for 10 supply limits. Under current law, they can recommend up to three 70-day supply limits for non-smoking cannabis and six 35-day supply limits for smoking marijuana.
The SB 1032 bill would also require doctors to evaluate patients to qualify for medical marijuana every 52 weeks, rather than the legal requirement of evaluations every 30 weeks.
Here’s an overview of some of the pending Florida marijuana bills:
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It’s Marijuana Time tracking hundreds of cannabis, psychedelic and drug policy bills in state legislatures and Congress this year. Patreon supporters by pledging at least $25/month, you’ll get access to our interactive maps, charts, and audio calendars so you never miss a development.
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Meanwhile, a Florida campaign seeking to put marijuana legalization on the ballot faces complications as the status of the 2026 signature drive remains in dispute. Lawyers are now asking the state Supreme Court to overturn the officials’ decision to quash the tens of thousands of applications submitted.
A new survey released this week shows that a A majority of Florida voters support the legalization of cannabis.
Max Jackson’s photo.
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New York State’s Office of Cannabis Management (OCM) has recalled several cannabis products after finding that reported results from a testing laboratory were “unreliable.”
OCM says it has found a total of 54 product lots that tested false positive for Aspergillus, the mold that causes disease. According to OCM, another batch of product had incorrect results for the heavy metal cadmium.
“When test results are inaccurate or unclear, product safety and, in turn, the safety of New York State consumers cannot be guaranteed,” said OCM Executive Deputy Director of Licensing, Enforcement and Laboratories Stephen Geskey. “It’s not a risk OCM is willing to take.”
This information comes from an audit of inspections and records conducted by Keystone State Testing New York between December 2025 and January 2026. According to OCM, there have been no reports of the effects of consuming any of the products.
Read more at News 10
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