Ateneo escapes FEU in OT, faces La Salle in UAAP Finals rematch

first_imgPhoto by Tristan Tamayo/INQUIRER.netAteneo survived Far Eastern University, 88-84, in overtime to book the last finals slot in the UAAP Season 80 men’s basketball tournament Wednesday at Mall of Asia Arena.The Blue Eagles leaned on Matt Nieto and Isaac Go in the endgame to overcome a gallant stand by the fourth-seeded Tamaraws.ADVERTISEMENT QC cops nab robbery gang leader, cohort He then, unleashed a booming triple with 46.9 seconds left that put the Blue Eagles up, 85-80.Go closed things out in improbable fashion, hitting a bank shot on one knee with 22.5 seconds remaining for an 87-82 edge.Ateneo assistant coach Sandy Arespacochaga said FEU’s 7-7 record in the elimination round was never a factor and that they expected to play a give-and-take game for 40 minutes.“We were ready to play a close game and that’s what happened, of course credit to our players who never gave up and stayed focus and stuck to the game plan,” said Arespacochaga.“There were ups and downs but what a great game and we’re happy that our players experienced that. We could see their growth in the game.”ADVERTISEMENT ONE: PH’s Corminal wary of ‘new’ Lepont For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Read Next Kris Aquino ‘pretty chill about becoming irrelevant’ Brace for potentially devastating typhoon approaching PH – NDRRMC Kammuri turning to super typhoon less likely but possible — Pagasa FEU had an eight-point, 67-59, lead midway through the fourth after Prince Orizu forced his way inside for a layup but Ateneo slowly cut it down and eventually tied the game at 69 with 3:41 left in regulation after Mike Nieto drilled a three-pointer.Thirdy Ravena paced Ateneo with 17 points and seven rebounds while Chibueze Ikeh had a 16-point and 11-rebound double-double.Matt also finished with 16 points, six coming off the overtime period, while Go had 13 points and nine rebounds.Jasper Parker had a game-high 19 points to lead to the Tamaraws while Tolentino added 13 points. MOST READcenter_img Typhoon Kammuri accelerates, gains strength en route to PH The No. 1 Blue Eagles set up a best-of-three finals rematch with the defending champions De La Salle Green Archers beginning Saturday.Go sent the game into overtime with a 3-pointer, 75-all, with 8.5 seconds left in regulation.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutNieto followed suit in the extra session.The gritty point guard punished Arvin Tolentino for five straight points first with a short jumper that gave Ateneo an 82-80 lead with 1:30 left in overtime. LATEST STORIES Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Stronger peso trims PH debt value to P7.9 trillion CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Japan ex-PM Nakasone who boosted ties with US dies at 101 Don’t miss out on the latest news and information. View commentslast_img read more

Sale of Marriage Licences Up

first_imgMinister of Justice, Hon. Delroy Chuck, says tourism has contributed to an increase in the sale of marriage licences.Speaking at the Ministry’s quarterly press briefing on October 11, the Minister noted that a total of 4,943 marriage licences were approved by the Ministry of Justice’s Criminal, Civil and Family Law Unit, for the first six months of the fiscal year.Mr. Chuck said that the cost of a marriage licence is $4,000, which is equivalent to less than US$40.00, and he would be requesting that the fee be adjusted by the Ministry of Finance to reflect the global cost of a marriage licence.A marriage licence authorises a Marriage Officer to conduct marriage ceremonies. In Florida, in the United States, the licence is priced at US$93.50, which is equivalent to J$12,582.00.“We are earning, for the Government, a fair amount of money from marriage licences here at the Ministry of Justice, but the fee is too small,” he said.The Minister highlighted that the sale of marriage licences can be ramped-up to generate more revenue for the country, and suggested that the Ministry of Tourism explore this lucrative opportunity.last_img read more

Update from Regina jail Inmates refusing to eat privatized food until demands

first_imgKenneth Jackson APTN National NewsJust like they said they would a group of inmates inside a Regina jail are refusing to eat the “gross” meals served to them sending back oatmeal at breakfast and bologna sandwiches at lunch Thursday.It’s believed the hunger protest is secluded mainly to one section of the Regina Correctional Centre’s remand wing where about 70 inmates are demanding better quality food they say is often old and stinky according to inmate Kenneth Morrison, 27, originally from the Muscowpetung First Nation in Saskatchewan.Morrison said all but one person, a diabetic, is taking part from his unit, 1C, and many are Aboriginal.“We haven’t eaten. We have sent the breakfast trays back and we have sent the lunch trays back,” said Morrison who is awaiting trial for assault, possession of stolen property and breaches in March. “Everybody has been really responsible about it and respectful. We’re just trying to get the point across, right?”Saskatchewan has been plagued with complaints from inmates across several of their institutions after privatizing food services in November to Compass Group, a company based in Mississauga, Ont., in an effort to save money – an estimated $12 million over the next five years.But almost immediately inmates threw their arms up or in the case of the RCC, their trays as this is the third food protest since just before Christmas.The institution is split into different sections, including convicted inmates serving sentences, who are kept from those awaiting trial on charges.Sentence inmates held a so-called hunger strike for a few days in December before the province gave them assurances food quality was being addressed. Another one erupted just after New Year’s, but was short lived.Then on Tuesday, Morrison called APTN National News saying he was organizing a protest on the remand side.Morrison told APTN Thursday afternoon he met with the jail’s warden Darin Reeves Tuesday to provide his demands and afterward was given a letter from Reeves outlining how inmate concerns were being addressed. Reading from a letter he told APTN jail staff had met with a representative from Compass Wednesday who promised to address food quality.That included better tasting milk and fixing kitchen equipment like the damaged coffee maker. The letter mentions the “turkey product” served to inmates would be improved immediately.Consistency is something they are looking to address too, right down to whether there’s mustard on bologna sandwiches.“They usually send mustard but it’s not consistent,” said Morrison.But he’s seen uncooked or stinky meat make its way to the inmates. Adding to the problem is that the food is served on dirty trays from a messy cart, he said.Compass has apparently promised to improve its cleanliness but maybe not by Thursday morning.“The cart they sent today stinks like garbage still. The stains are still on it. I don’t know if they washed it with a dirty rag, but it smelled very, very bad,” he said. The hunger protest has now gone political, at least on the inside, and appears to be the one thing in the way of ending the food protest.Morrison said they are demanding equal representation among inmates. Sentence inmates have representatives to express concerns to Reeves on behalf of all of them, but that doesn’t include remand guys said Morrison.“(It’s) to let them know we are in need of representation in remand, just to ensure things like this don’t happen anymore (by) ensuring communication,” he said. So if they get their political representatives, better food, new coffee maker and prove their point Morrison doesn’t see the protest lasting too much longer.“As long as the (other inmates) are okay with that then I don’t see it proceeding,” he said.kjackson@aptn.ca @afixedaddressKenneth Jackson can be reached at 613-325-6073, collect calls accepted.last_img read more

West Fraser notes higher firstquarter earnings despite weather transport woes

first_imgVANCOUVER – West Fraser Timber Co. Ltd. is reporting net earnings of $197 million in the first quarter of 2018 compared with $123 million a year ago.The company reported basic earnings per share of $2.53 versus $1.58 a year earlier. Analysts had expected $2.43 in reported earnings per share according to Thomson Reuters.Sales rose to $1.36 billion from $1.19 billion in the first quarter of 2017.The company says winter weather and transportation challenges, as well as full quarter of export duties, were a factor in its lumber segment’s operating earnings falling to $189 million from $232 million in the fourth quarter of 2017.It says it benefited from stronger prices for plywood and Canadian pulp.Companies in this story: (TSX:WFT)last_img read more

ATF price increased by 1 nonsubsidised LPG by 5

first_imgNew Delhi: Jet fuel price was on Monday hiked by over one per cent, the second straight monthly increase in rate coming on the back of firming global prices.The price of Aviation Turbine Fuel (ATF) was hiked by Rs 677.1 per kilolitre, or 1.07 per cent, to Rs 63,472.22 per kl in the national capital, according to price notification issued by state-owned oil firms. The increase comes on the back of a steep 8.1 per cent (Rs 4,734.15 per kl) hike in rates effected on March 1. Simultaneously, the price of non-subsidised cooking gas (LPG) was increased by Rs 5 per 14.2-kg cylinder. It now costs Rs 706.50 in the national capital. Also Read – Thermal coal import may surpass 200 MT this fiscalThis is the second straight increase in LPG rate. Price was hiked by Rs 42.5 per cylinder on March 1. The hike will add to the burden of cash strapped airlines that are already reeling under pressure from cut-throat competition in the sector. Non-subsidised LPG is the gas that consumer buys after exhausting their quota of 12 cylinders of 14.2-kg at sub-market or subsidised rates. Price of subsidised LPG was almost unchanged at Rs 495.86. LPG, as well as ATF prices, are revised on 1st of every month based on the average international rate for benchmark fuel and foreign exchange rate in the preceding month. Also, the price of kerosene sold through the public distribution system (PDS) was increased to Rs 32.54 per litre from Rs 32.24. This is in accordance with the 2016 decision to raise rates by 25 paise a litre every month till subsidy on the fuel is eliminated. Non-subsidised kerosene costs Rs 64,460.83 per kl (Rs 64.46 per litre) in the national capital.last_img read more

AAP West Delhi candidate files nomination

first_imgNew Delhi: The Aam Aadmi Party’s (AAP) west Delhi candidate, Balbir Singh Jakhar, who was the last of seven candidates announced by the party, on Thursday became the first to file his nomination in the national capital. The 45-year-old filed his nomination papers in the presence of senior party leaders Manish Sisodia and Gopal Rai among others at the District Magistrate’s office in Raja Garden. Jakhar is the President of the Dwarka Court Bar Association and Chairman of the Co-ordination Committee of the All Delhi District Court Bar Association. Also Read – After eight years, businessman arrested for kidnap & murder Starting from the West Delhi, the other AAP candidates will file their nominations in the coming days, Rai said. Before filing the nomination, the AAP leaders along with Jakhar held a roadshow in west Delhi appealing to people to vote for the party to take up the demand of full statehood for Delhi. Addressing the public, Sisodia and Rai explained to the people about the importance of full statehood for Delhi. “In 2014, you voted for BJP. Their MPs have not done any work for the city. The BJP promised statehood for Delhi and did not say a word in Parliament about that,” Rai said. Also Read – Two brothers held for snatchings He urged the people to vote for AAP to make the city a full state in just two years. The AAP had in March announced all its candidates for the national capital, where polling will be held on May 12. The AAP has fielded Pankaj Gupta from Chandni Chowk, Dilip Pandey from North East Delhi, Atishi from East Delhi, Brajesh Goel from New Delhi, Gugan Singh from North West Delhi and Raghav Chadha from South Delhlast_img read more

Martial and McTominay start against Newcastle

first_imgJose Mourinho has made some significant changes to his Manchester United squad for the Premier League showdown against Newcastle.Mourinho who is under intense scrutiny desperately needs three points today at Old Trafford in their last Premier League clash before the International break.The Portuguese boss has had spats with a number of his star players in recent times, including Paul Pogba and Eric Bailly, but both start the game.And following the club’s abysmal start to the campaign, reports suggested the former Madrid man was set for the axe irrespective of the Newcastle result.Roberto Firmino, LiverpoolVirgil van Dijk praises Roberto Firmino after Liverpool’s win Andrew Smyth – September 14, 2019 Virgil van Dijk hailed team-mate Roberto Firmino after coming off the bench to inspire Liverpool to a 3-1 comeback win against Newcastle United.Manchester United have quashed those rumours but Mourinho simply cannot afford another loss and has named a strong side on paper for the visit of Rafa Benitez’s struggling Magpies.MANCHESTER UNITED VS NEWCASTLE LINEUPSMan Utd XI: De Gea, Young, Bailly, Smalling, Shaw, McTominay, Matic, Pogba, Rashford, Lukaku, MartialNewcastle XI: Dubravka, Yedlin, Lascelles, Fernandez, Manquillo, Ritchie, Shelvey, Diame, Kenedy, Perez, Mutolast_img read more

Mourinho on new De Gea deal I am not confident it

first_imgManchester United boss Jose Mourinho has thrown David De Gea’s future into doubt after revealing he is not confident the Spaniard will sign a new contractThe 27-year-old has developed into one of the world’s greatest goalkeepers at United following his arrival from Atletico Madrid in 2011.But De Gea has just 18 months left on his current contract at Old Trafford and talks over an extension have been delayed by two months.De Gea had been close to sealing a switch to Real Madrid in 2015 – only for a technical problem in sending the paperwork during the final hours of the transfer window putting an end to it.But following Real’s capture of Thibaut Courtois from Chelsea in the summer, United were reportedly confident of sealing a new deal for De Gea.However, Mourinho appears to have suggested otherwise now ahead of the Red Devils’ Premier League clash with Everton.Daniel Fark, Norwich City, Premier LeagueDaniel Farke, From mid-table in the Championship to the Premier League Manuel R. Medina – September 14, 2019 Norwich City manager, Daniel Farke, has taken his team from the middle of the table in the English Championship to play with the big boys in the Premier League.“I am not confident, but I’m also not worried,” Mourinho told Sky Sports. “I cannot find the word in English, but let’s see what happens.“Only the club, David and his people can answer that. My comment is only that everyone knows how good he is, how important he is for Manchester United and if the club wants to be better than it is and not worse.He added: “Obviously it would be very important to keep David.”The Spain international has struggled this season for United and has conceded 16 goals in nine Premier League games.Juventus and Paris Saint-Germain have also been reportedly interested in De Gea.last_img read more

Klopp heaps praise on Alisson and Ederson

first_imgLiverpool manager Jurgen Klopp has heaped praises on Brazilian goalkeeping duo of Alisson Becker and Ederson Moraes.Klopp believes that Liverpool and Manchester City shot-stoppers could be the two best goalkeepers in the world.Both players will come up against each other on Thursday when Manchester City host Liverpool at the Etihad Stadium in a titanic tussle at the top of the table.Liverpool is currently seated in the first position on the standings with Pep Guardiola’s men in third place, seven points behind the Reds.Alisson has been impressive for Liverpool since signing from AS Roma in the offseason for £65 million (€73m/$85m).Klopp has praises performance of the Brazil first-choice goalkeeper and Ederson, who was back-up with Brazil at the 2018 World Cup, saying they have set a new standard for goalkeepers from their country.Jadon Sancho, Borussia DortmundCrouch: Liverpool could beat Man United to Jadon Sancho Andrew Smyth – September 14, 2019 Peter Crouch wouldn’t be surprised to see Jadon Sancho end up at Liverpool one day instead of his long-term pursuers Manchester United.“Alisson is unbelievably important,” he said, according to Goal.“(Claudio) Taffarel was the goalkeeper I knew from Brazil, an outstanding goalkeeper, but I do not remember a lot of world-class ones.”“Now they have two of the world’s best, if not the world’s best. It is incredible.”“Coming from Germany, I knew how important Manuel Neuer was with his football playing on top of his goalkeeping skills,” Klopp added. “You can’t imagine that two can come along with the same skills — and maybe even a bit better.”“They all have their specific importance, for sure, but Ali is not only the goalkeeper. He is an outfield player as well and that helps of course.”“What I would say is these two boys do not have to hide.”last_img read more

Murkowski Concerned About Border Policy

first_imgSen. Murkowski said that while they respect the goal of enforcing the law, she is uncomfortable with the consequence of children torn from their parents’ arms. Sen. Murkowski: “If we’re talking about young children here, young families and a forced separation for an indefinite period of time, I have concerns about it.”  Attorney General Jeff Sessions has said that the policy, enacted in April, was put in place to bolster border patrol efforts and crack down on illegal immigration. The Trump administration announced a zero-tolerance border policy, where immigrants face criminal prosecution for unlawful border entry. Charging immigrants who improperly enter the U.S. with a crime has for many resulted in their children being taken away by the federal government and sent to government shelters. Facebook0TwitterEmailPrintFriendly分享U.S. Senator Lisa Murkowski (R-AK) said during a press conference on Thursday that she is ‘troubled’ by the practice of removing a child from their parent when caught crossing the border illegally.last_img read more

Verdict against 6 Gaibandha war crimes accused Wednesday

first_imgThe International Crimes Tribunal (ICT)-1 on Tuesday set Wednesday to pronounce judgment in crimes against humanity case against six alleged war criminals from Gaibandha, including Jamaat leader and former lawmaker Abdul Aziz alias Ghoramara Aziz.The other five accused are Md Ruhul Amin alias Monju, 61, Md Abdul Latif, 61, Abu Muslim Mohammad Ali, 59, Md Nazmul Huda, 60, and Md Abdur Rahim Miah, 62. Of these, only Latif is in jail.“Verdict tomorrow,” said justice Md Shahinur Islam, chairman of the three-member panel of the tribunal.The tribunal on 23 October kept the judgment on CAV (curia advisory vult, a Latin legal term meaning the court awaits verdict) after concluding hearing the arguments of the case for second time.The recently reconstituted ICT-1 on 12 October on Tuesday fixed 22 October for rehearing the arguments in the case.Earlier, the tribunal on 9 May had kept the verdict in the case on CAV for the first time.“But due to death of justice Anwarul Haque, former chairman of the tribunal, government had to reconstitute the tribunal and the new tribunal decided to rehear the arguments,” prosecutor Syed Sayedul Haque Suman told BSS.last_img read more

TTC upgrades My Travel Portal platform for agents

first_img Posted by TTC upgrades My Travel Portal platform for agents Tuesday, May 7, 2019 Share Travelweek Group center_img Tags: Online, The Travel Corporation TORONTO — The Travel Corporation’s optimized MTP 2.0 version of its My Travel Portal platform for travel agents streamlines operations, meaning even less hassle for agents and clients, says the company.The Travel Corporation launched My Travel Portal (MTP) a year ago, enabling agents to help their clients personalize their trip and access day by day itineraries. MTP also hosts an e-documentation hub and supports agents by ensuring a reasonable duty of care for every client.With the optimization TTC says it has further enhanced the end-to-end experience with its brands. The platform now provides greater functionality and ease of usability following a 3,000+ travel agent research and initiative and in-depth customer study on use and feedback.The Travel Corporation is its part environmentally as well. When clients choose the option to view itineraries and documents on their mobile device rather than paper format, TTC plants a tree in partnership with One Tree Planted. Together, last year TTC and One Tree Planted were able to reforest several hundred acres of barren and devastated land.More news:  Marriott Int’l announces 5 new all-inclusive resorts in D.R. & MexicoTrafalgar agents and clients with bookings for travel in 2019 can now access the newly optimized travel portal, with Insight Vacations, Luxury Gold, Costsaver, Contiki and Uniworld coming soon.Additional tools will be added to MTP later this year and into 2020, to continue to enhance the platform in conjunction with continued travel agent guest feedback. << Previous PostNext Post >>last_img read more

October 22 2014Its been a while since we reporte

first_imgOctober 22, 2014It’s been a while since we reported on the upgrade work in the East Crescent Keystone area. You can see an elevation and a plan of this project in our report from August 15. and the beginning of the work is reported on 8/20/2014. Continuing reports were posted on 9/1, 9/3, and on 9/10, 9/12, 9/15, 9/22 9/26, 10/1 – 10/6/2014.[photos and text by Sue Kirsch]In our last report we talked about the completion of the staircase.The next step is landscaping of the area.The October workshop has a chance to get into the act during their seminar week synergy. Here we see workshop participants digging holes for foundations for light fixtures that will be planted along the middle path.The crew has leveled and packed the ground on both sides of the staircase. Ali Gibbs and Paolo Van Erp layed down fine gravel and are installing pavers.More to come.last_img read more

CNN is to launch a localised digital and mobile ve

first_imgCNN is to launch a localised digital and mobile version of its service for Greece in partnership with DPG Digital Media.The venture will bring CNN.gr, a localised digital and mobile version of CNN to the Greek people. CNN.gr’s remit will be to deliver local and national content from Greek digital network DPG Digital Media,, while also covering big international stories and world events through CNN’s reporting and affiliate network.“As the world’s global news leader, our ambition is to continue to develop the CNN brand and our unparalleled quality of journalism in key markets where there is both a gap and clear appetite for what we do best,” said Rani R. Raad, Chief Commercial Officer, CNN International. “From branded channels and content syndication through our affiliates to high-profile marketing and engagement initiatives, CNN is connecting with more consumers worldwide in a multitude of ways than ever before. In an increasingly digital world, I’m delighted to welcome CNN.gr as a standalone digital CNN-branded news service, launched with a valued partner.”last_img read more

TSX Venture 140505 149914 212568

first_imgTSX Venture1,405.051,499.142,125.68 Those who have already averaged down and find themselves, if not “all in,” then perhaps with less cash than they’d like, must hold and not lose their nerve. We’re in front of what may be the most spectacular buying opportunity in years. Sure, if a company suffers a major political setback, runs out of money, or shows in some other way that it’s unlikely to deliver, then sell – but do not sell just because the market is down. TSX (Toronto Stock Exchange)11,871.2312,178.6613,611.32 Gold Producers (GDX)44.0546.7058.34 Gold1,642.021,620.381,515.88 Gold and Silver HEADLINESTravelers to India Face Special Gold Scans at Major Indian Airports (Emirates24|7)Travelers to India are being scanned for gold and gold ornaments in the country’s major airports in an effort to collect duties on gold amounts exceeding a law-defined maximum.According to an Indian law enacted in 1967, people traveling to India are obliged to pay a duty for carrying any gold ornaments valued at more than Rs20,000 (roughly $375 at today’s exchange rate); for males the allowed amount is lower by half: Rs10,000 (roughly $185).At current gold prices, the amount of gold one can carry without paying additional custom duties is tiny. An Indian woman on average wears a gold chain weighing 16-25 grams at least, which at the current price would be worth at least US$845-1,320 and exceeds the tax-free allowance.People of Indian origin can carry up to 10 kilos of gold, provided they pay a duty. Recently the authorities have seen a spike in undeclared gold being smuggled into the country as gold prices, and the amount of applicable duties, rose.The market for gold in India is legendary, and since 2008, the metal has remained one of the preferred investments for Indians. The increasing amounts of gold smuggled into India are not accounted for in official statistics for gold imports, so we can only guess how much more gold Indians are buying than what is reported in government numbers, which must be seen as the lowest figures in a possible range.Indonesia Plans Export Tax on Copper, Gold, Silver Ores, up to 50% (CommodityOnline)Indonesia plans to impose a 20-50% export tax on a wide range of commodities sold in ore form. Fourteen minerals are subject to this legislation, including gold and silver. The justification?“We want miners to process and refine the ore in the country and therefore stimulate the construction of more smelters here,” stated Coordinating Economic Minister Hatta Rajasa who also added that the implementation of export tax was not aimed at increasing the country’s revenues but was targeted to deincentivize the mining companies from selling the commodities as ores.This initiative may look reasonable: the government attempts to maximize the use of the country’s natural resources and expand the value chain of the local mining industry, which would incentivize creation of new production facilities and consequently workplaces, as well as generate tax revenue.But changes in legislation – and Indonesia has already made some questionable decisions this year – do not encourage foreign investment and may strangle local industry. Such moves are certainly keeping our investment money out of the country. This Week in International Speculator and BIG GOLD – Key Updates for Subscribers International SpeculatorDespite rising costs, this company’s increasing production keeps cash flow up. We like the potential this play has for production growth and discovery – see our latest comment and recommendation update. Copper3.733.794.12 Rock & Stock StatsLastOne Month AgoOne Year Ago Oil102.54101.47109.24 Gold Junior Stocks (GDXJ)21.9722.8337.94 Silver Stocks (SIL)20.1421.2725.85 Those who are new to the sector should buy first tranches on great companies and prepare to average down with second tranches and stink bids, should they be so fortunate as to get opportunities to do so.What if I’m Wrong?At the close of our conference in Weston, David Galland polled our attendees, asking how many thought the US and global economies were actually recovering (implying that we should not be investing with further crisis in mind, but improving economic conditions). In the entire, packed room, only a handful of hands went up. Okay, we had just presented a lot of evidence for why the Casey consensus is for more crisis ahead, but there were different views among speakers, and the overwhelming majority of independent-minded thinkers present agreed that the fundamental trend we’re betting on remains solid.If they – and we here at Casey Research – are all wrong, and the bull market for metals is over, you may lose some money. This is why we always urge readers in the strongest terms not to speculate with money they cannot afford to lose. There is, however, no practical limit to how much money you can win, if we’re right – and that’s why we do urge readers in the strongest terms to embrace intelligent speculation.As Rick says, in these markets, you’re either a contrarian or a victim. Bear markets are for buying and bull markets are for selling. We believe we have entered an acute, but temporary, buyer’s market. Our path is therefore clear: we must buy the bear.Sincerely,Louis James Senior Metals Investment Strategist Casey Research Silver30.3531.3539.31 This company is one of our favorite takeover candidates. It’s well cashed up, consistently delivers high-grade intercepts from its multiple projects, and the shares are trading near 52-week lows. Here’s our latest take. BIG GOLDA number of BIG GOLD companies filed their quarterly reports last week – check out the latest on your favorites on the portfolio page. Dear Readers,Your metals team has just returned from the Casey Research Recovery Reality Check conference in Weston, Florida. I think the quality of the speakers was perhaps the best ever. There were clever tales and insights aplenty, but I’ll cut to the chase for investors in the metals and mining sector: The correction we’ve been experiencing was discussed at length, and while no one is sure when it will bottom, legendary investors in our sector are buying now.Some say my calls to buy the best of the best mining stocks in the midst of a continuing share-price decline evoke a fear akin to what one feels trying to catch a falling safe. It may help to know that investors today are buying alongside Rick Rule of Sprott Global, John Hathaway of the Tocqueville Fund, and Doug Casey, of course – among other legendary resource investors.I interviewed Rick in Florida, as you may have seen in last week’s Conversations with Casey. We both have a sense that the meltdown in our sector may well get worse before things get better. The “sell in May” conventional wisdom could collide with an already bearish sentiment and truly rustle the whole resource-sector herd to the share-price slaughterhouse.We Should Be So LuckyI’ve said that before: we should be so lucky as to get another 2008-style buying opportunity – and that’s what we’d have if the market melts down from this low point.I’ve also said “buy low and sell high” so often, it’s starting to sound like I’m stuttering. It sounds easy, but it’s not – if it were, everyone would do it, and there’d be no profit in it. Contrarianism 101: You have to buy when others are panicking and there’s blood in the streets. That means you have to master the fear and do the opposite of what everyone else is doing.Email from some unhappy readers whose recent share purchases are down have made me wonder if they thought we were joking or merely being rhetorical about this. The whole idea behind the tranche buying system we advocate is to take advantage of downward volatility, and the objective of placing stink bids is to capture “stupid” prices. I meant exactly what I said: we offered guidance on lower prices because we believed a major correction was a distinct probability. Well, here it is.I see the buying opportunities shaping up with fear and excitement. My fear is not that our speculations won’t work out: rather, it’s that – as happened in 2008 – too few investors will have the courage to follow through on their contrarian ideals. The excitement, of course, is that we face truly spectacular contrarian opportunities.“When Will the Pain Stop?”A friend, reader, and fellow speculator who attended our conference asked me half-jokingly when the market would bottom. He knows I don’t have a crystal ball, but the way he phrased it was interesting: “When will the pain stop?” It was delivered with a smile that showed he understood the long-term trend we’re betting on remains solid; when you believe in a better future but suffer pain in the present, you don’t want your life to end – you want the pain to stop.I said I saw the slaughterhouse potential mentioned above, and that I was hoping for a chance at phenomenally stupid prices on great companies. However, any number of factors could reverse the market’s current fear-dominant sentiment back to being greed-dominant again. Scary news on the geopolitical front – just one potential black swan among many – could send gold shooting north in short order. With many gold companies severely undervalued, that could bring greed back to the forefront with a vengeance.I also interviewed John Hathaway (coming soon to an inbox near you), who said he thinks we’re close to the bottom now. Gold stocks are already undervalued and he’s buying.He may be right. I had dinner with a friend the other night who is a much more mainstream investor than I am. He told me he’d just bought Newmont for the reasons Jeff Clark outlined in BIG GOLD last month – but he’s not a subscriber. He reasoned that while gold is up over the last year, the retreat from last fall’s peak has producers so beaten down, many are deeply undervalued relative to the strength of the underlying commodity. He saw an opportunity, liked Newmont’s dividend structure, and took it.If mainstream investors are waking up to the opportunities in oversold gold stocks, Hathaway could be right: We have bottomed, and the time to buy is now.Rick, by the way, says my anecdote matches his observations; he thinks more mainstream investors are becoming aware of today’s specific opportunity in gold stocks, as the high-visibility gold indices such as the HUI have diverged substantially from the gold price. He says that’s bullish, but suspects that present market negativity will take a while yet to reverse – and that that’s a great thing. He likes to buy what others are afraid to touch; usually, that means grassroots plays, but now he’s very pleased to be able to buy advanced developers and even producers that are on sale. Rick shares my excitement at the prospect of 2008-style prices – he seemed almost gleeful when I spoke with him.I talked about this with Doug, of course, and he agrees – he said he looks forward to seeing my shopping list.What to DoIf John is right and we are at a cyclical bottom, now is the time to buy.I would not go “all in” even if I were positive John is right, because no one knows the future for certain. Still, I would move aggressively, deploying more cash into gold stocks. In fact, the divergence between gold and gold stocks has become so great, some of our conference speakers mentioned selling some of their gold to buy more gold stocks.[Some of the biggest institutional and mutual fund managers believe that gold miners are severely undervalued, and they’re urging their clients to load up.]If I were sure Rick is right about lower prices in the months just ahead, that would not make buying some undervalued stocks now a bad idea. Again, no one can be sure – a point Rick himself made. If the companies are solid, well financed, and have projects of genuine merit and the right people to push them forward, today’s buyers should come out well, regardless of the fluctuations along the way – as long as they don’t panic and sell at the real bottom, when they should be buying with gusto.Key point: no one can call the exact market bottom, except in hindsight.That means you have to buy when prices are low and not worry too much about how much lower they could go. That takes discipline and nerves of steel – the DNA of the contrarian mind. This is precisely the rare and difficult ability that makes fortunes for speculators – and the reason they deserve to make those fortunes.Profiting from 2008 was only “easy” in hindsight – many people chickened out at the moment of truth, when share prices went into freefall and I was putting “BEST BUY” on many stocks. Others were willing but lacked the liquidity to follow those recommendations. I know – I got the agonized emails.So, here we are in 2012, potentially on the verge of a similar sell-off within an underlying trend that remains as bullish as ever. What to do:Those who’ve taken our advice to take profits along the way and maintain a cash reserve should remember 2008, hold on to their courage, buy first and second tranches where appropriate, and prepare to buy low in a big way with stink bids.last_img read more

Bad Boy Billionaires Next Big Investment…

first_img “Bad Boy” Billionaire’s Next Big Investment… He was investigated by the FBI for hacking at age 16… By age 19 he cofounded the fastest growing business of all time… Then at just 24, he became founding president of the world’s largest social media website… Now he’s funding the first ever human trial of a revolutionary new technology that could ultimately end all disease… And you could make ten times your money on this breakthrough, if you act BEFORE midnight, Monday, October 17… Click here to learn more. AR Is the Future The problem with virtual reality that requires headsets or expensive computers to power the experience is that it greatly limits where and how the technology can be used. It also limits the market potential. This is where augmented reality, or AR, has an extraordinary advantage. AR is just what it sounds like… technology that is used to augment the real world. It enables, through some form of goggles or eyewear, the user to see information, graphics, messages, etc. overlaid on top of his view of the real world. And this is exactly why AR is the next smartphone, in terms of a consumer electronics product that will ship a billion-plus units a year. You may remember the Google Glass product from a few years ago—one of the first attempts at selling AR to the public. It never achieved mass adoption, but most first-generation products don’t. Google Glass Just think of the first personal digital assistant, the Apple Newton, released in 1993. It was a fantastic product at the time, but it was large, bulky, black and white, required a stylus, and had no wireless connection to the internet. It just wasn’t compelling enough. But Apple took that learning, combined it with a cellphone, and years later launched a product that revolutionized personal communications… the iPhone, of course. While it certainly won’t take more than a decade for AR to reach that level, the important thing is that the technology has already taken many of its first steps toward mass adoption. AR devices are like simple eyewear, so they do not limit or constrict a user. Quite the opposite: AR improves a user’s experience with the real world, it simplifies life, and it will save us time and frustration in doing simple tasks, like taking out a smartphone to check the weather, replying to a text message, or receiving a phone call. Imagine this: You are sitting in a café enjoying your morning latte and a message comes in from a friend asking about dinner this evening. You can speak a command, verbally reply to the message with a response, and instruct the message to be sent. Just like that. Users wouldn’t even have to lift a finger. Or how about this: Two friends are sitting in a park for their weekly chess match… but there is no chessboard in sight. They are both wearing augmented reality glasses, which look like normal glasses. Through this special technology, they can both see a chessboard in front of them and move the pieces on the board, just as if they were playing with a real chess set. Imagine the work, educational, and gaming applications of a technology like this. Imagine schoolchildren studying our solar system being able to “fly” from Earth to Mars to Jupiter’s moons and learn about them in a deeply visual, immersive way. The potential applications are nearly limitless, and the best part is that AR improves the basic things in life that we do every day. Communicating socially, sending messages, searching for and receiving information, and entertainment. AR will quickly become the next computing interface, the next-generation computing platform, and a completely new way to experience data, video, information, and entertainment. It will be prolific, pervasive, and profound for society. And the market could be as big as $120 billion by 2020. Regards, Jeff Brown Editor, Exponential Tech Investor P.S. Augmented reality is just one sector of technology that will someday bring life-altering returns to early investors. You can learn more about another world-changing technology with the potential to create fortunes for early investors by watching my brand-new video presentation right here. Recommended Links – Editor’s note: There’s an innovative technology that will replace your smartphone in the not-too-distant future. In today’s Weekend Edition, tech guru Jeff Brown, editor of Bonner & Partners’ Exponential Tech Investor, details this fascinating product… As he says, “It will be prolific, pervasive, and profound for society. And the market could be as big as $120 billion by 2020”… By Jeff Brown, editor, Exponential Tech Investor Simplicity… ease of use… convenience… a meaningful improvement of some daily task or activity… These simple things are the hallmarks of successful technology adoptions. The difference between a billion people using a new product or service or just 100,000 people. It’s the difference between a smash hit and a niche product offering. And it’s how I identified the innovative technology that will replace your smartphone in the not-too-distant future. Think about something as simple as the telephone. After it was introduced in 1900, it took about 50 years to reach 90% penetration in the United States, as a basic communications infrastructure was being built out. And when it was done, it greatly simplified and improved life. Or the television… It took about 15 years or so for the TV to reach 90% penetration. This allowed people to receive real-time news, information, and entertainment from the comfort of their own homes. The cellphone took about 12 years. This extraordinary improvement to our standard of living enabled communications and accessibility pretty much anywhere. Once Apple came out with its revolutionary iPhone in 2007, it took less than eight years for pretty much everyone to have a smartphone of some kind or another. But what was really important here was that the technology was developed by a company whose background was in personal computers and software, not one of the giant cellphone makers. All of these technological developments brought convenience, simplicity, and improvements to our everyday lives. But what’s next? Smartwatches, like the Apple Watch, are nice to have, as are fitness trackers like the Fitbit. But they are really not that transformative. The benefits received are simply not compelling enough for a billion-plus people to adopt. When looking for products and technologies that have the potential to attract a billion-plus users, it’s critical to think about the things that most people do every single day. And today, communicating socially, sending messages, searching for and receiving information, and enjoying entertainment top the list of what modern consumers spend their time doing. Just think of smartphone applications you and your friends and family use most often… They likely include apps for social media, messaging, and entertainment. Following Facebook Perhaps no company understands this better than Facebook. In 2012, Facebook acquired Instagram – and its 30 million users – for $1 billion. Instagram is a social media application that allows users to post photographs so others can see them. Many thought the acquisition was crazy. But today, Instagram has over 500 million users and was recently valued at $35 billion. Not so crazy after all. A 35-times return on investment in only a few years. Incredible. Facebook didn’t stop there. In 2014, it spent $19 billion to acquire an early-stage messaging application company called WhatsApp. WhatsApp simply allows users to send messages and pictures back and forth for free. It now has more than a billion users and is forecast to generate $5 billion in annual revenue by 2020. A third acquisition that is much more telling about the future is Facebook’s $2 billion purchase of Oculus, also in 2014. Oculus is a pioneering company in a technology called virtual reality, or VR. As the name suggests, the technology revolves around computer-generated environments viewed through eyewear that blocks out the real world so that the wearer is immersed in a virtual world. Oculus delivers VR experiences via an integrated audio and video headset that looks like this: — Oculus’ VR headset Essentially, the headset is connected to an expensive personal computer system that can run highly immersive games, entertainment, and educational applications. If you haven’t tried one before, it creates a very realistic environment where you can feel physically in touch and more involved in the media that you are consuming. Hillary Linked to Secret Account Benghazi. The email scandal. Now this… A close look at Hillary’s “Financial Disclosure Report” (form 278) reveals Hillary and husband Bill have now invested over $1 million in controversial account that lets bankers earn up to 37 times more interest than they pay you, the general public. Click here to continue reading…last_img read more

And if one needed more evidence of the readily ava

first_img And if one needed more evidence of the readily available capital for the cryptocurrency and blockchain markets, look no further than what is happening with initial coin offerings (ICOs). ICOs are analogous to IPOs (initial public offerings) in that they are a way to raise capital to be used in growing a business. One important distinction, though, is that in an IPO, an investor receives shares in the company, actual equity. In an ICO, an investor receives no equity at all, just the cryptocurrency (or digital token) that the company is issuing in the ICO. Take a look at the growth of ICOs vs traditional venture capital funding: Capital raised by ICOs slowly started to increase throughout 2016, and by the third quarter of this year, funding raised by ICOs exceeded funding raised through traditional venture capital channels. In fact, in 2017, blockchain-related companies raised only $349 million via venture capital channels, compared to more than $2 billion via ICOs. That’s almost six times more via ICOs versus venture capital. All in the span of seven quarters. Unbelievable. And here is the kicker: Almost every single one will fail. The Trouble With ICOs A recent study showed that less than 9% of blockchain-related companies that issued their own cryptocurrency are actually using those cryptocurrencies in running their networks. Investors who do not understand the underlying technology, the utility of the specific blockchain and/or application, and the credibility of the founders and management team are just gambling. The odds are worse than early-stage venture capital investing, which sees anywhere between 80% to 90% of all companies failing. But if investors can take the time to get educated and differentiate between the credible deals with great utility and the bad ones, it is possible to stack the odds in your favor. And it is not too late. It is most certainly not too late. We are just getting started. The Future of Blockchain In the late ’90s, runaway optimism for internet technology created a bubble, and crash, of epic proportions. But here’s the thing… the internet DID revolutionize the world. We already know this. The way we communicate, conduct business, work, transact, and even shop changed dramatically. While some companies like Pets.com and Webvan failed completely during the market crash, other companies like eBay and Amazon did fulfill on their visions. eBay is up 4,900% since October of 1998. Amazon is up more than 78,000% since June of 1997. Blockchain technology will revolutionize the world the way internet technology has over the last 20 years. I would argue that the impact will be even more profound than what we experienced with the internet. But along the way, we will undoubtedly experience some pullbacks. I recommend taking the time to educate yourself and invest in cryptocurrencies that are solving real-world problems. These will be your safest way to profit from the blockchain revolution. By focusing on assets that provide invaluable utility, you’ll position yourself to profit as blockchain technology transforms entire industries. Regards, Jeff Brown Editor, The Near Future Report P.S. Blockchain technology will revolutionize our society the way the internet did more than 20 years ago. Smart investors stand to make 21 times their money over the next few years. But 99% of investors are so distracted with bitcoin that they’re missing the bigger picture. You don’t have to be one of them. I’ve uncovered three ways to profit safely from the blockchain explosion without ever downloading a digital wallet or logging onto a cryptocurrency exchange. Click here to see how. Reader Mailbag Have you started investing in bitcoin or other cryptocurrencies? Let us know how it’s going right here. We’re at the start of the biggest marijuana mania of our lifetime The marijuana market is on fire. With the craziest gains hitting 7,820%… 17,300%… and even 69,000%, pot stocks like these averaged peak gains of 29,000%. And on January 1, when recreational marijuana goes on sale in California, the market could virtually DOUBLE overnight. This is a once-in-a-lifetime bull market. Learning From History I don’t bring this up to worry you or to open old wounds. I simply want to provide some context for another situation that we are presented with today. There are certainly some stark parallels between the internet boom and what is happening right now in another asset class. Much of the speculation during the internet bubble was caused by runaway optimism for how the internet would transform business and the world. Combine this with speculators who wanted to “get in on the action” and you had the makings of an asset bubble of epic proportions. Today, we face a similar situation. An industry-altering technology with nearly limitless applications has burst onto the scene. And just like the dot-com bubble, assets associated with this technology are soaring. The technology I’m referring to is the blockchain, the decentralized ledger technology underpinning most cryptocurrencies. The assets that are soaring are digital tokens, digital coins, cryptocurrencies, and the companies behind them. A Remarkable Run I’ll be the first to say it, the run-up in many cryptocurrencies this year has been nothing short of spectacular. Bitcoin, at the time of writing, is up more than 1,000% since January 1 of this year, and Ethereum is up about 5,500% during that same window. It leads to natural questions like, “Are we in a bubble?” and “What is driving such an extraordinary increase in these cryptocurrency prices?” Well, aside from the value and utility that well-designed blockchain technology provides, there is one other reason… Money… and a lot of it. More specifically, as industry, enterprise, financial institutions, and even governments began to discover the immense potential of distributed-ledger technology and the kinds of applications that can be deployed on blockchains, the financial world took notice. And that has driven billions of dollars of private capital into the new asset class of cryptocurrencies. And yes, cryptocurrencies and digital tokens are quickly becoming their own asset class. That will lead to even more money flowing into this investment class. — Recommended Link Justin’s note: Lately, a lot of you have written in asking about cryptos. Some of you may even be thinking about investing in them soon. That’s why I’m featuring this important new essay from Bonner & Partners technology analyst Jeff Brown. Jeff is an expert in his field with over 20 years of experience. And he understands exactly what’s causing this boom. Below, he explains how you can profit safely… By Jeff Brown, editor, The Near Future Report On March 10, 2000, the Nasdaq Composite Index closed at what was then an all-time high of 5,048. It was the height of the dot-com bubble. Bolstered by the potential applications of the internet, technology companies were seeing unprecedented returns. On December 16, 1998, Henry Blodget, head of the global internet research team at Merrill Lynch, predicted that Amazon, which was trading below $250, would hit $400 within a year. The company shot past $400 within two weeks. A young tech company called VA Linux Systems went public on December 9, 1999. The stock climbed 698% in one day. I could go on and on. But we all know how it ended. In late March 2000, the Nasdaq began a momentous crash. The index fell 78% in the next 30 months. Roughly $5 trillion in market capitalization was lost. It was, and remains, one of the worst market crashes in history. Silicon Valley Rocket Scientist’s December 19th Prediction Could Lead to 35,000% Growth Jeff Brown is a real-life rocket scientist and one of the most tuned-in angel investors in Silicon Valley. Not only has Jeff been an executive for companies like Qualcomm and NXP Semiconductors, but he’s also completed 89 private deals. Right now, he’s predicting that a new biotech breakthrough could skyrocket this market niche 35,000%… All because of a little-known FDA anomaly happening around December 19. Click here to see him lay out his bold prediction in full detail. Recommended Link —last_img read more

Neda Billie has been waiting to turn on lights in

first_imgNeda Billie has been waiting to turn on lights in her home for 15 years.”We’ve been living off those propane lanterns,” she says. “Now we don’t have to have flashlights everywhere. All the kids have a flashlight so when they get up in the middle of the night like to use the restroom they have a flashlight to go to [the outhouse].”Billie, her husband and their five kids live in a tiny, one-room hogan, a traditional Navajo home. Their three sheep graze on sagebrush that carpets the rolling hills of Dilkon, Ariz., on the Navajo Nation, the largest Native American reservation in the U.S.They watch two men in a cherry picker hook up the last power line to their home. Billie says they’ve gone through too many generators to count.”My two boys, they have really bad allergies and they have asthma, so sometimes they need the nebulizer,” Billie says. “So we usually go to my mom’s house, travel in the middle of the night over there back and forth.”The Billies are not alone. About 10% of Navajos on the reservation live without electricity. And as much as 40% of them have to haul their water and use outhouses. A poll of rural Americans conducted by NPR, the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health found that more than a quarter of Native Americans have experienced problems with electricity, the Internet and with the safety of their drinking water.Northern Arizona University professor Manley Begay Jr., who is Navajo, says the numbers are probably even higher. Begay says electricity provides more than just light. With electricity, a family can pump water, charge their phone, store food, even get and maintain a job.”Electricity itself provides a tremendous amount of convenience and having access to the world at large,” Begay says. “You can just imagine if you were to fill out an application for a job, you do it online and you send it in. Or you’re Googling for information — if you don’t have electricity, you’re in trouble.”Begay says he recently saw something strange when he pulled into a hotel parking lot in Window Rock, Ariz., the capital of the Navajo Nation. He noticed a bunch of teenagers in their cars.”You could tell that they were high school students,” Begay says. “They were doing their homework outside this hotel in the parking lot. They had the light on in their cars and doing their homework. It became quite clear that they didn’t have Internet.”Outside the Billies’ home, the couple waits patiently for the crew to finish the job. Brian Cooper from PNM Electric has an update.”We’ll get a meter going and you should have electricity,” Cooper says. “Can’t wait to see the real smile here in a minute. Don’t cover it up! I want to see it! That’s what joy looks like.”Cooper traveled from New Mexico along with several other crews from around the country volunteering their time to connect people like the Billies to the power grid.On the Navajo Nation, the homes are so spread out that it costs $40,000 on average to hook up one home to the grid. And half the tribe is unemployed. So you can’t raise rates to energize all those homes. The Navajo Tribal Utility Authority and the nonprofit American Public Power Association have put a call out to utilities across the U.S. to help.”I had no idea there were people still in 2019 without power,” Cooper says.Finally, after waiting for so long, the Billies watch the foreman turn on the meter behind their house and snap the cover shut. Neda then runs inside to flip the switch.”It’s so exciting to finally have electricity here after so many years without it,” Billie says. “My kids are going to be so happy. They keep asking every day. … They go, ‘Mom we’re going to have light! We’re going to finally have light!’ “Now the family will wait and pray for running water and Internet. Copyright 2019 KJZZ. To see more, visit KJZZ.last_img read more

Last weeks reverse at Huddersfield was a setback

first_imgLast week’s reverse at Huddersfield was a setback as his side look to close the gap to the top four.It means Friday’s game with Salford is crucial as Saints enter a tough fixture period.“I can’t panic,” he said. “I can only judge on the last five weeks since I arrived here. Whilst Friday was definitely unacceptable I don’t think wholesale changes are the answer. All 17 need to play better this Friday, that is obvious, but I don’t think anyone deserves not to be there based on last Friday’s game.“As a team, all in all, it was disappointing to lose, but up until three or four minutes to go we had a chance to win that game had we pulled out something. It is a fine line winning and losing; to make it as hard as we did last week and nearly have the chance to win, that is the positive we can take out of it.”Saints are relatively healthy heading into the match with Salford, with only Ryan Morgan missing out with a knee injury.“We got some really good news on him,” Holbrook added. “It was nowhere near as bad as we thought. He may only miss one game, which is fantastic news. He hurt his knee and it looked pretty bad at the time but it ended up a really good result for us and he won’t be out too long.“Salford are coming off a great win last week and I’m sure they will be pretty happy with that. For us we need to play well. We are aware of their talent; they sit second and are a very good team. But the focus has to be on getting our own game in order.“It is probably better for us to play four of the five top sides now. Everyone looks forward to playing in the harder gamse and they are all in a row for us now.“I think that is a good thing. It tests where you are at and if you’re good enough you will beat them – and if not, you won’t.“It will be good for us and we are looking forward to it.”Tickets for Friday’s game are now on sale from the Ticket Office at the Totally Wicked Stadium, by calling 01744 455 052 or online here.last_img read more

The Next Big Thing in Cannabis Terpenes

first_img This story appears in the May 2019 issue of Green Entrepreneur. Subscribe » The future of the industry is all in the nose. Free Green Entrepreneur App Innovation –shares Download Our Free Android App Image credit: Sharon Mccutcheon | EyeEm | Getty Images CEO of Orchid Essentials Magazine Contributor 3 min read Corey Mangold The Next Big Thing in Cannabis? Terpenes Next Article Looking for a new angle to approach the cannabis business? While medical and lifestyle entrepreneurs have been homing in on the active cannabinoids THC and CBD, many say the plant’s real potential has been right under our noses. Literally.They’re talking about terpenes, organic compounds that exist in the essential oils of all kinds of plants. Terpenes are what give herbs, flowers, and fruits their signature aromas. They also create, when processed, the distinct character of flavorings, perfumes, and colognes. You may be familiar with the calming effects of lavender extract and chamomile tea, or a citrus body wash that wakes you up in the morning and clears the mind. Similarly, cannabis is bursting with terpenes. Without them, the plant has no soul. Related: 3 Ways Cannabis Brands Can Make a Powerful First ImpressionThe Scented BuzzTo date, some 350 terpenes have been identified in cannabis. The reason one strain smells and tastes different from another is because of its unique terpene profile. While the flower is most often associated with the scent of skunk (also caused by a terpene!), depending on the strain, it may share terpenes with other botanicals, like lavender, chamomile, lemon, wood, grass, grape, orange, mango, pine needle, and even banana. The sedating indica varieties, for example, often contain high levels of terpenes called linalool and myrcene, creating a fragrance that’s often described as deep and low. Sativa strains, which are more uplifting, may smell like fresh-cut grass or pine, and sweet citrus, thanks to the terpenes pinene and limonene. Whether it comes down to aromatherapy, or some other characteristic of the compounds (we need more science), terpenes also seem to affect the mind and body. They’re thought to work in tandem with CBD and THC to create the full cannabis experience, known in the industry as the entourage effect. The combination in one strain might make you feel sleepy; the mix in another, alert. Or you might get paranoid, giggly, hungry, or none of the above. What does this mean for entrepreneurs? Understand terpenes and you have a whole new palette to craft the next generation of cannabis products. Related: 5 Things You Should Know About CBDCashing InGreen founders are already beginning to harness the power of these beguiling compounds. Cannabis cultivators can boost the natural levels of various terpenes for a certain effect through growing techniques. However, it’s easier to add specific formulas of the compounds to finished products such as vaporizer cartridges and CBD oil. Companies like Los Angeles Refinery are making terpene concentrates from cannabis; Global Cannabinoids does too, using hemp, while True Terpenes produces cannabis-like formulas from other botanicals, which are much cheaper. (Purely cannabis-­derived terpenes are selling for hundreds of dollars per gram—and you’d better believe that a true connoisseur can tell the difference.)Another promising market, with legalization, is perfume. A trend for cannabis-inspired fragrances is already taking hold in the beauty aisles, and at least one product, Fog & Tree, actually uses the plant’s terpenes in its men’s cologne. As scientists find out more about the impact of individual terpenes, both psychological and potentially medical, whole new wellness opportunities may open up. So as the laws change and research builds, follow the scent!Related: The Rise of the Ganja Sommelier Add to Queue Keep up with the latest trends and news in the cannabis industry with our free articles and videos, plus subscribe to the digital edition of Green Entrepreneur magazine. September 26, 2018last_img read more