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CannaBus tour sets out to educate Texans on medical marijuana

(goodblend)

A dispensary on wheels is trekking around Texas to educate residents about the state’s medical marijuana program.


Austin-based goodblend has kicked off its Ride For Your Rights tour that will be traveling on a “CannaBus.” The 36-foot bus has been retrofitted with a private consultation room and medical cannabis product displays.

As a subsidiary of parent company Parallel and one of just three licensed medical cannabis operators in Texas, goodblend is promoting the tour as a way to destigmatize cannabis, energize advocates and connect with legislators.

"The medical cannabis program will never change unless Texans stand up and make it change," Parallel CEO Reece Fulgham said in a press release. "The 'Ride For Your Rights' CannaBus Tour was designed to educate and galvanize support for expanding access to Texans in need. We hope the support rallied will convince Texas policymakers that there's strong public demand for real, lasting change."

While the CannaBus appears at the University of Texas at Austin tailgates, the tour aims to grow support for expanding Texas' medical marijuana program ahead of the Nov. 8 elections. It will include stops in San Angelo, Abilene, Dallas, Houston and elsewhere and end Oct. 20 in Killeen.

This tour comes after the passage of House Bill 1535 in 2021, which added post-traumatic stress disorder and all forms of cancer to the list of conditions that qualify people for the Texas Compassionate Use Program. Fewer than 30,000 patients are currently registered in it, and goodblend says many are unaware of the benefits it can have to address pain, inflammation, muscle spasms, stress and anxiety and sleeplessness.

“We want to listen, educate, and hopefully change minds about the power of this plant,” goodblend said in an Instagram post.

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With deposition and trial looming, Elon Musk has offered $44B for Twitter, again
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Elon Musk has proposed once again to buy Twitter for $54.20 a share.

The news that Musk is offering to carry on with the $44 billion buyout was first reported by Bloomberg. Now, a filing with the Securities and Exchange Commission shows Musk made the proposal in a letter to the tech giant on Monday.

The New York Stock Exchange temporarily halted trading in Twitter stock twice Tuesday, first because of a big price move and the second time for a news event, presumably the announcement of Musk's renewed offer.

While the per share offer price on this latest proposal remains the same as the original offer, it’s unclear if Musk has made other term changes or if Twitter would reject it. According to other reports, a deal could be reached this week.

The stock closed at $52.00/share Tuesday, indicating market uncertainty around the $54.20 offer.

After Musk informed Twitter of plans to terminate the original agreement in July, Twitter sued. A trial has been expected in Delaware Chancery Court on Oct. 17.

With the proposition of a buyout on the table again, it revives the question of whether Musk might move Twitter from San Francisco to Central Texas.

He’s done so with some of his other companies. Tesla’s headquarters in southeast Travis County had its grand opening earlier this year and tunneling business The Boring Company moved to Pflugerville. At least two other Musk companies, SpaceX and Neuralink, have a Central Texas presence without being headquartered here.

Technology journalist Nilay Patel this afternoon voiced concerns that owning Twitter and Tesla together could be problematic for Musk, as his Tesla manufacturing facilities in Germany and China are both in countries that have disputes with Twitter over content moderation and censorship.

Telsa shares fell after the Twitter news became public, before rallying to close up, at $249.44.