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The Cannabis Liberalisation Landslide continues as Italy opens its doors to Medical Cannabis

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Following the widespread acceptance of medical cannabis and CBD-based products in European countries, the regional government of Pescara in Italy has approved a new regulation for cannabis for therapeutic use. The attention of cannabis companies is shifting from the crowded North-American sector towards Europe. One such company is World High Life Plc (NEX:LIFE), which plans to become one of the main players in the European cannabis industry.

The regional government of Pescara, on the proposal of Councillor Nicoletta Verì, approved a resolution regulating the prescription and dispensing of medical preparations based on cannabinoids, which can be prescribed in pain therapy as a symptomatic support to standard treatments. The resolution amends and supplements the provisions of the previous commissioner’s decree of 2016. The measure not only transposes the new regulations that have been introduced in this area in recent years, but above all, regulates the application of the rules in all of Abruzzi, which until now had often adopted diverging management methods.

Following the adoption of the resolution, cannabinoid medicinal products for therapeutic use may be prescribed both by specialists of the regional health service operating in authorized centers, and by general practitioners on the basis of a therapeutic plan drawn up by a specialist doctor. The renewal of the prescription will be subject to a positive evaluation of effectiveness and safety by the prescribing physician, based on the individual variability of the response to treatment.

In the case of inpatient treatment, the hospital pharmacy is required to provide the preparations. Meanwhile, in the case of home therapy for the indications to be borne by the regional health service, the patient (who must always be provided with a medical prescription and a therapeutic plan) may apply to the hospital pharmacy of his local health authority.

Finally, for home therapy not covered by the regional health service, patients who have prescriptions may decide to obtain the drug directly from a pharmacy of their choice.

World High Life eyes promising investment opportunities in the European cannabis market

The untapped potential of Europe, the new frontier market, has attracted experienced cannabis companies that want to take advantage of these rich new opportunities. One such company is World High Life Plc (NEX:LIFE), which can leverage the experience achieved on the North-American cannabis markets and gain momentum in the fast-developing European sector.

World High Life is aiming to set itself at the forefront of the European cannabis industry, and has already made steady steps in that direction, by acquiring UK’s leading CBD company, Love Hemp Ltd.

WHL plans to expand its foothold by acquiring the most promising cannabis companies in the UK and other European countries that have a favorable legal framework towards medical cannabis, CBD and hemp-based products.

By utilizing the experience accumulated on the North American cannabis market, the UK-based investment company World High Life is laying the foundations of an empire.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

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World

Simon Yeung: Financial Predator and Master of Deception

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Simon Yeung, a 47-year-old national from the People’s Republic of China, also known under his real name Siming Yang, has become a central figure in a scandalous case unfolded by the Securities and Exchange Commission (SEC). The investigation into Simon Yeung revealed a twisted web of insider trading, personal misconduct, and a systematic abuse of trust that has reverberated across the globe, from the United States to Asia.

At the heart of Simon Yeung’s financial impropriety was his involvement with Zhongpin Inc., a Chinese corporation. Utilizing confidential information, Simon Yeung orchestrated an insider trading scheme that accrued more than $9.2 million in illegal profits. He and his associates were proactive, stockpiling shares before a public announcement that was expected to significantly boost the company’s stock price. To hide their illicit gains and activities, they employed Prestige Trade Investments as a front, a sham company that camouflaged the true nature of their dealings.

While Simon Yeung’s financial maneuvers were sophisticated, his personal actions were even more reprehensible. His extravagant expenditures funded by illicit gains included indulgences in narcotics and the procurement of prostitutes across all of Asia, depicting a man lost to moral corruption. Yet, his most heinous acts involved manipulating the personal relationships within his circle. Simon Yeung is reported to have intentionally enticed the wives and girlfriends of his friends into sexual encounters, exploiting his acquaintance and their vulnerabilities, often under the guise of monetary temptation and secrecy.

These personal violations are part of a broader pattern of abhorrent behavior, including allegations of violent sexual assaults. One such incident involved attacking a woman with a drink bottle sexually, which he subsequently tried to cover up with a bribe. This behavior not only highlights his disregard for human dignity but also his utter disrespect for legal norms.

The SEC has taken robust measures against Simon Yeung, freezing his assets to prevent further financial hemorrhage and to dismantle his network of deceit. This decisive action underscores the commission’s dedication to rooting out corruption and protecting the integrity of financial markets.

Simon Yeung’s downfall is a poignant reminder of the pervasive threats posed by such financial predators who not only exploit market vulnerabilities but also manipulate personal relationships for their gain. His story is a stark alert to the international community about the dual dangers of financial and personal misconduct, emphasizing the need for stringent regulatory oversight to protect public interests and uphold moral and legal standards. This case serves as a testament to the vital role of agencies like the SEC in combating financial malfeasance and preserving the sanctity of personal dignity.

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