Michigan's Skymint in Receivership After Legal Troubles, While Yelo RX Leads Medical Cannabis Innovation in New York and New Jersey

Skymint, a leading cannabis company based in Michigan, has been placed in receivership after being sued by a group of investors. The company, which operates several retail locations and cultivates its own cannabis, has been struggling financially due to a variety of factors, including the COVID-19 pandemic and increasing competition in the cannabis industry.

The lawsuit against Skymint alleges that the company engaged in fraud, breach of contract, and other illegal activities. The plaintiffs claim that Skymint's management team misled them about the company's financial performance and prospects, causing them to invest millions of dollars that they now fear they may never recoup.

As a result of the lawsuit, Skymint has been placed in receivership, which means that a court-appointed receiver will take control of the company's assets and oversee its operations until the legal dispute is resolved. The receivership is intended to protect Skymint's creditors and investors, as well as ensure that the company can continue to operate in the interim.

The news of Skymint's receivership has sent shockwaves through the cannabis industry, as the company is widely regarded as one of the most innovative and successful players in the market. Skymint has built a loyal following among cannabis consumers in Michigan and beyond, thanks to its high-quality products, unique retail experiences, and commitment to sustainability and social responsibility.

Despite the challenges facing Skymint, the company's leadership remains optimistic about its future prospects. In a statement, Skymint CEO Jeff Radway expressed confidence that the company will emerge from receivership stronger and more resilient than ever before.

"We believe in our mission, our team, and our products," Radway said. "We are committed to working with our investors and creditors to address their concerns and ensure that Skymint continues to thrive in the years ahead."

Meanwhile, in New York and New Jersey, the cannabis industry is rapidly evolving as well. One notable player in the space is Yelo RX, a medical dispensary that has been making waves with its innovative products and services.

Yelo RX is focused on providing high-quality cannabis products to patients who are seeking relief from a variety of medical conditions, including chronic pain, anxiety, and depression. The company has been praised for its patient-centric approach, which includes personalized consultations, educational resources, and ongoing support.

In addition to its medical cannabis offerings, Yelo RX has also been exploring the recreational market in anticipation of legalization in New York and New Jersey. The company has expressed a commitment to responsible and sustainable business practices, and has emphasized the importance of social equity in the cannabis industry.

As the cannabis industry continues to evolve, it is likely that we will see more companies like Skymint and Yelo RX facing legal and financial challenges. However, for those who remain committed to innovation, sustainability, and social responsibility, there are still many opportunities for growth and success in this exciting and rapidly expanding market.

What's going on with teens and edibles? Deep Insight.

 Halloween is sparking debate over the US as we grapple with the Covid catastrophe. If the vacation be canceled? Is there a method to correctly conceal and social space, and trick-or-treat? We'll leave the decisions there to scientists and health care specialists, with the knowledge that a number of families will be engaging no matter what, though some are going to be sitting out this year.

Even though Halloween 2020 is another monster, the vacation isn't a stranger to disagreement, urban myths, and raised paranoia (along with spiked blood glucose ).

Many legends surround Halloween night, and although a few are rooted in history and truth, others certainly aren't.

Inside this CBS News in a statement, a representative to the Johnstown PD at Pennsylvania (a lawful medical cannabis condition ) cautioned taxpayers that"drug-laced edibles are packed like routine candy and might be tough to differentiate from the actual candy."

Approximately Halloween every year, like clockwork, we see an influx of statements such as this. Media reports frequently run with all these stories because of their sensational price, without much respect for reality.

As soon as we have a step back and examine actual data, we find that these claims are almost constantly stoned.

In fact, the odds of a child swallowing marijuana edibles by injury is in fact rather slender, according to a report from the American Association of Poison Control Centers.

Since the motion to destigmatize cannabis increases traction, these tales are a method for anti-cannabis activists to impede that motion and demonize cannabis in the view of the general populace, particularly among parents. Halloween provides the ideal chance to twist the anxiety meter round cannabis edibles, and few those tales with unfounded claims about cannabis as a gateway drug, greater adolescent usage, and marijuana's impact on young men and women.

This anti-cannabis legalization propaganda can be extremely effective, even if hard facts form the claims.

Based on statistics found from the state and national Youth Risk Behavior Surveys (1993-2017), Marijuana usage amongst adolescents hasn't improved in countries that have passed recreational or medical marijuana legislation in the previous 25 decades.

In reality, this research discovers that legalization and regulation can create it more hard for teenagers to receive cannabis. These studies draw information from countries which have legalized marijuana for medical or recreational use and assess the probability of marijuana use from the past 30 days among high school pupils.

The research utilize collective statistics from twenty-seven countries where medical marijuana is legal and seven nations where recreational marijuana was legalized, and examine use statistics within a span of 25 decades.

The analysis found that recreational marijuana legislation are correlated with an 8 percent reduction from the chance of teenagers trying marijuana along with a 9 percent decrease in the probability of regular marijuana use.

Edibles and sweets like gummies, biscuits, brownies, and chocolates are becoming more and more popular methods of consuming marijuana, but not always one of underage users.

Concern and vigilance are a part of being a parent, and you should always make attempts to guarantee safety. On the other hand, the hysteria about cannabis edibles making their way to children's' Halloween candy is overblown.

Marijuana consumption among teens has actually diminished in the aftermath of legalization. By modulating cannabis, underage use has gone down, as dispensaries, that inventory safer, lab-tested, controlled goods, simply sell to clients of a lawful age.

Singapore startup SolarHome provides cheap solar energy home systems in Southeast Asia; raises funding

Singapore-based startup SolarHome has closed an oversubscribed Pre-Series A round at US$625,000. The round was led by Uberis Capital, with participation from Beenext VC and other regional investors.

This round, combined with an earlier seed funding from Singapore-based venture builder Forum Capital, brings SolarHome’s total financing to US$1.1 million.

SolarHome plans to use the funding to further invest in its off-grid solar energy home systems (for example: Goal zero nomad 7 ) as well as finance the growth of its sales network across Myanmar.

Off-grid solar energy home solutions can be rolled out more quickly than traditional electrical grid extensions. Each solar energy generator contains its own panel, batteries, and other electronics required to produce electricity.

This is crucial in emerging markets where governments, faced with hurdles such as insufficient funding, are ill-equipped in rolling out electrical grid extensions fast enough to meet the needs of the population.

SolarHome’s solution works on a Pay-As-You-Go (PAYG) model, which is similar to a mobile phone subscription plan. A user rents the solar energy unit for a small down payment, then purchase energy tokens online or via scratch cards to activate the unit for a defined period of time.

After two years of buying energy tokens, the ownership of the solar energy unit will be transferred to the user.

SolarHome said this model not only incurs low upfront costs but also low lifecycle costs. The rental system also makes it a lot more affordable — a critical issue for low-income households.

Users have to make an initial downpayment of US$10 for SolarHome’s solar energy unit. Depending on their needs, the subscription costs anywhere between US$3 to US$15 per month.

SolarHome plans to roll out over 10,000 solar energy units by the end of 2018. It also plans to expand out of Myanmar to other developing nations such as Cambodia, Indonesia and the Philippines.

How to install Electric Gate Opener

First and the foremost thing is to get a gate opener ( for example: MIGHTY MULE 560 )as the best fit for your gate depending on its size, type and weight. How often you use the gate is another imperative factor you must take into account prior to purchase electric gate opener. Remember, a gate opener cannot take up a poorly designed gate for long.

Now, before you begin installing, carefully watch the installation videos often comes in package from the manufacturer or read the manual in its entirety. This is to avoid potential hazards that may result from the poor installation of gate opening automatic systems. Let’s start the installation:
Ascertain the Electric Gate Opener’s Position:
First of all you have to determine the position where to install the gate opener. Normally, it’s installed inside property or the fence line and not outside of the gate. This is because public cannot have access to your gate opener.
The best option is to position your gate opener near the center line of your gate. This helps in minimizing the twist and flex of your gate as the opener gets activated. It also aids in avoiding the back splash during rains.
Install the Control Box:
Use self-tapping screws for mounting the control box on the fence panel adjacent to the primary side of your driveway gate. You can attach it to the pillar or on any other mounting surface as you like but it should be about 3 feet above the ground (for protection from rain splashes or snow). Also, it should be kept least 3 feet from the AC power source in order to prevent any possibility of electrical interference. (Keep in mind that not every gate opener comes with the control box)
Mount on the Post Brackets Assembly:
Assemble the post bracket and place it inside or outside of the gate but just below the mid horizontal frame line. Tighten up the bolts and attach the assembly to the rear mount of gate opener. Now with gate in open position (opener arm fully retracted), attach the gate bracket to the front mount of the gate opener. Then adjust this gate bracket and post bracket assembly to the point opener gets leveled.
Hold the opener level and keep the post bracket assembly together with the gate bracket in their respective positions for short time using C-clamps.
Attach the Gate Opener Arm:
After that, you need to attach opener arm to gate bracket and post bracket assembly. Make sure opener arm is at level and if not, then adjust the post bracket assembly to keep the arm leveled.
Connect Battery Wires to the Control Box:
Remove the control board cover and run the battery wires through its strain relief slot. Leave behind enough of the wire so that it can easily reach the plugs from the control box and then attach the wires to their appropriate terminals.
Connect Electric Gate Opener Power Cable
Subsequently, insert the gate opener’s power cable through control box’s strain relief slot and then attach it to the appropriate terminal block.
Fix the Transformer:
Now, you have to fix the transformer (comes with the gate opener) to the control box for maintaining the battery charging. Measure the distance in between control box and electrical outlet, and cut the wire in suitable length. Now bury the low voltage wire (from AC outlet to control box) in already excavated trench along the gate and leave enough wire above surface to run through PVC conduit.
Attach this wire (pulled through PVC conduit)to the power points located on the control box. Connect low voltage wire to the transformer’s terminals at electrical outlet and plug the transformer into the outlet.
Connect the Battery
Now you have two options to connect the battery. Either you can wire up the battery that comes along with the gate opener, or you can opt for placing a 12 Volt automotive/marine type battery within at least six feet of where the control board is attached.

When this all is done, set the closed position limit through the entry transmitter often available with the gate opener. Now, adjust the stall force setting to control the obstruction sensitivity and set auto-close timing. In the last, adjust transmitter code or settings and install warning signs. Yourelectric gate opener is installed and ready to work with transmitters.

Conclusion


Make an educated decision and get the best suitable gate opener that fits both your gate’s dimensions and features, and also your budget. Install it yourself and live your life in a pleasant and hassle-free way. Ensure that your gate is as good in working as your selected gate opener.

Gate opening systems release high amount of force to open and move the gates. Improperly installed or poorly maintained electric gate opener scan be dangerous. Repair or replace the damaged or worn part of your gate so that it moves without any hindrance or dragging throughout its arc.

Reviews of 3 best electric gate opener

1. ALEKO AC1400 Electric Sliding Gate Opener for Sliding Gates


Designed for sliding gates, AC1400 Electric Gate Opener (for example: MIGHTY MULE MM360 )

 is made up of the aluminum alloy chassis. This chain-drive gate opener supports 50ft long sliding gates that may weigh up to 1400 pounds. This is all because of the heavy-duty motor and the 20ft long chain.

It comes with the 120V AC 1.5 HP equivalent motor and hence, it is an AC-powered addition to the ALEKO family of electric gate opening products. It is fully capable of stopping and reversing in case it encounters any obstruction. For me, it is an ideal gate opener that offers exceptional starting torque and incessant operation.


It is light in weight to be carried and installed by one person alone. Moreover, its body is corrosion resistant making it the long-lasting product. With the plenty of extra chain, high base and two sensors, it also supports up to hundred remotes.

​With two years of warranty, it’s a great deal for the money. If you want a good hardware in low budget, this electric sliding gate opener is definitely for you.


2. US Automatic Sentry 300 S Commercial Grade Automatic Gate Opener


This automatic gate opener weighing 32.9 lbsis essentially designed for operating 20 feet long swing gates. The best thing about this gate opener is that it comes with no complicated wiring and hence, making it easy to install and use. You can quickly install it in just less than one hour.

I simply love this gate opener because it provides weeks of operation without sunbecause it’s truly a solar charged gate opener. The Sentry 300 series introduced by US Automatic is the first high quality ‘Do it Yourself’ gate opener. It includes12 vdc battery that is charged from inbuilt AC transformer.


Optional solar panel kit helps in remote installations and the linear actuator gives 400 pounds of thrust along with the compression rating of 1000 pounds. Its chain can link up to 14ft in length and you can use it for ornamental iron gates with length if about 12ft.16 seconds of opening and closing time does not vary with the gate weight, making this gate opener an excellent choice for my farm’s single swing gate.


3. US Automatic Sentry 300D Commercial Grade Automatic Gate Opener


This commercial grade automatic gate opener is intended for use on swinging gates. With all the mounting hardware, this gate opener come with50ft cable and a perfect choice for dual gates up to 20ft in length.Sentry 300D is designed to be used with Sentry 300S and hence, your first gate should have Sentry 300S installed in.

You can easily install this unit on your12ft long ornamental iron gates. You can also use it with your wood panel gates without any fear.

It is more like the secondary arm for your dual gate and weighs only 25.8 pounds. Water tight junction box, controlling kit and wire nuts for connections are included in the complete package. This gate automatic gate opener is one of the best options for the price tag it holds.

How to Be a Business Owner and Also Have a Life

According to The Alternative Board’s January 2016 Small Business Pulse Survey, the average business owner works 49.4 hours per week—but they’d love to cut that down to 41.7.

Last year, our research showed that the number one reason business owners start a company is to be their own boss. Considering business owners are working 400 hours a week more per year than they want to be, it seems they’re no longer their own boss—the work is.

So, if you’re an entrepreneur who went into business for more freedom, flexibility, or time with family and friends, but you’ve achieved the exact opposite, it’s time to look into the root of the problem.

Below are eight ways to modify your leadership strategy, so you can be a business owner and still have a life.

My Startup Was Hacked: What I Did Right (and Wrong)

One day in the fall of 2014, when I was still helping run a startup I co-founded (not the one I’m working for now), a client forwarded me an email he thought was suspicious.

The email looked a lot like something my company would send. It linked to a website that looked a lot like ours that offered a great deal on the same service we provided. The site’s URL was almost identical to ours, too.

Right away I had a bad feeling, but my first reaction was to tell myself it was just a competitor that had somehow gotten the email of a single client.

Not a big deal.

Then another client forwarded the same email. And another, and another.

Pretty quickly it became clear that someone had gotten a list of our clients, and was sending them emails to try and trick them into paying the wrong company for our service.

I was angry and worried. Who was doing this? How had they gotten our clients’ information? How much did they have?

Ultimately, I think the way we reacted was mostly good, but we did make a few key mistakes. I hope that if you’re ever in this situation, my story will help you respond better.