VPR Brands Letter to Shareholders
As we look ahead to the remainder of 2017, I wanted to take the time to provide an update on the Company’s progress since our last shareholder update letter in November 2016. In July 2016, our Company acquired certain assets and the wholesale business of Vapor Corp. Since the acquisition, we have successfully integrated the wholesale operations and streamlined the administrative sales and support staff to maximize the Company’s bottom line in a manner that we believe supports sustainable long-term growth of the business.
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Marijuana Laws Could Save Taxpayers A Billion Dollars
Last year, a study in Health Affairs by a father-daughter pair of public policy researchers found that Medicare prescriptions for things like painkillers, antidepressants, and anti anxiety medications dropped sharply in states that introduced a medical marijuana program. The implication? Offered the choice between taking medication prescribed by a doctor and self-medicating with marijuana, many older patients opted for the marijuana.
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Republican Attorney Pushing To Reschedule Marijuana To Schedule III
Matt Gaetz is a 34-year-old attorney who, while in the Florida legislature, pushed for accelerated executions and blocked any revision of the stand-your-ground law following Trayvon Martin’s shooting death. He now represents most of the Florida Panhandle in Congress. Most of us would call those solid conservative bona fides “textbook reactionary,” but back at home in Gaetz’s First Congressional District, they’re local mores. His district is so solidly Republican, it’s an island of dark red floating in a less-red sea.
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