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–Surterra Wellness opened their storefront Monday at 1523 Alton Road after a “big effort” to get it opened.
–It is the company’s first South Florida dispensary and one of only a handful in the region.
–The shop technically opened on April 20 (4/20, duh)- but was forced to relaunch on April 23.
–Florida is one of 29 states have legalized medicinal marijuana.
–A petition drive to get a measure to fully legalize marijuana for recreational use on the November ballot failed earlier this year.
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About the AuthorRich Robinson is the CEO and publisher of Rise News. He is also a journalist and a native of Miami. Robinson graduated from the University of Alabama and can be followed on Twitter @RichRobMiami.
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The Japanese government announced that their economy shrank by 0.8% in the second quarter of the year and therefore into recession for the fifth time in seven years.
The announcement of the figures that covered economic growth (or the lack thereof) from July to September of this year came on the heels of a 0.7% loss in the previous quarter.
The back to back contractions have sent a shockwave across the world’s third largest economy and may increase the pressure on Japan’s Prime Minister Shinzo Abe and his tough fiscal policies.
Abenomics as the suite of policies are referred to, is basically a shock therapy meant to revive the stagnant growth rates in Japan.
“The central plan is built on unprecedented monetary easing, government spending and business deregulation to snap Japan out of its malaise. He calls it a “three-arrow” strategy, borrowing the image from a Japanese folk tale that teaches that three sticks together are harder to break than one.”
A recent IMF study on Abenomics made it clear how much was at stake for Japan, and how hard it would be for the Prime Minister to actually pull it off.
From the IMF study:
“What was being attempted under Abenomics was unprecedented, and nothing less than a leap from a low-growth deflationary equilibrium to a new equilibrium characterized by positive inflation and higher sustained growth. This requires a parallel shift toward more risk taking, requiring changes in expectations and behavior by businesses, consumers, and financial institutions. Confidence would be key, in both Japan’s growth prospects as well as the government’s ability to carry out needed reforms.”
So what caused the retraction and most recent recession in Japan?
“A big drop in inventory was the largest factor behind a third-quarter contraction. Weak capital spending was a concern, but excluding these factors, the GDP figures were not so bad,” Takeshi Minami, the chief economist at Norinchukin Research Institute told Reuters.
Despite the bad news, Japan is somewhat used to the up and down nature of growth in the country and faces larger long term causes for the crisis- including a dangerously rapidly graying nation.
But will Abe and his bold form of reform survive to find another day? Only time will tell.
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By Kyle Jones
Scientists claim that they may have just found evidence of the existence of an alternate universe.
The discovery was made while mapping the cosmic microwave background (CMB), which is the left over light from the early universe.
Ranga-Ram Chary, an astrophysicist at the European Space Agency’s Planck Space Telescope data center at Caltech, discovered while studying the CMB that certain light spots were glowing 4,500 times brighter than expected, as reported by Russia Today (RT).
According the International Business Times, Chary has said that while there is a 30% chance the fluctuations are nothing unusual, there is also the possibility they provide evidence of a collision of our Universe with an alternate Universe.
This sort of collision should be possible, according to modern cosmological theories that suggest the universe we see is just one bubble among many, according to New Scientist.
“Our universe may simply be a region within an eternally inflating super-region,” Chary wrote in a recent study. “Many other regions beyond our observable universe would exist with each such region governed by a different set of physical parameters.”
The multiverse theory has been based on the widely accepted idea of cosmic inflation, which suggests that the early universe expanded exponentially in an instant following the explosion of the Big Bang. Theoretically the inflation would continue until multiple universes are ultimately created.
Although the initial findings have proved promising, verification of the anomalies as evidence of an alternate universe could prove to be difficult.
Chary himself noted that, “Unusual claims like evidence for alternate universes require a very high burden of proof.”
Further analysis of the data collected will be required in order to prove or disprove Chary’s potential discovery.
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By Staff Report
UPDATED: 10:45 AM EST
In a stunning video announcement Wesdnesday, Alabama Gov. Robert Bentley said that he would calling a special session of the state legislature for the purpose of bringing about a lottery in the Yellowhammer State.
In the five minute video announcement of the special session, Bentley referred to Alabama’s chronic budget shortfall as a “crisis” and called on the legislature to move to pass legislation that would allow for a statewide referendum.
Bentley said that the proposed lottery would generate $225 million annually for the state.
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