Marseille Banking – Mact Asso http://mact-asso.org/ Fri, 24 Sep 2021 04:23:33 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://mact-asso.org/wp-content/uploads/2021/04/default-150x150.png Marseille Banking – Mact Asso http://mact-asso.org/ 32 32 CVE Chili and Natixis sign a $ 95 million facility to finance a selected portfolio of photovoltaic power plants in Chile https://mact-asso.org/cve-chili-and-natixis-sign-a-95-million-facility-to-finance-a-selected-portfolio-of-photovoltaic-power-plants-in-chile/ Tue, 14 Sep 2021 13:00:00 +0000 https://mact-asso.org/cve-chili-and-natixis-sign-a-95-million-facility-to-finance-a-selected-portfolio-of-photovoltaic-power-plants-in-chile/ NEW YORK, September 14, 2021 / PRNewswire / – CVE Chile and Natixis, as Sole Principal Arranger, Hedge Provider, LC Issuing Bank and Administrative Agent, have successfully closed a $ 95 million senior secure installation for a portfolio of photovoltaic solar power plants in Chile with a planned capacity of 150 MWp. Natixis successfully financed […]]]>

NEW YORK, September 14, 2021 / PRNewswire / – CVE Chile and Natixis, as Sole Principal Arranger, Hedge Provider, LC Issuing Bank and Administrative Agent, have successfully closed a $ 95 million senior secure installation for a portfolio of photovoltaic solar power plants in Chile with a planned capacity of 150 MWp. Natixis successfully financed CVE’s first PMGD portfolio in Chile in November 2019, this is therefore Natixis’ second transaction with CVE, fully subscribed by Natixis.

CVE’s portfolio consists of solar projects that will operate under from Chile special regime for decentralized generation projects (known as “PMGD”). Each of the PMGD projects in the portfolio will have a capacity of up to 9 MWAC and is entitled to sell its energy production at the regulated stabilized price. The funding structure gives CVE the flexibility to add other projects to the portfolio, subject to meeting predefined eligibility criteria.

According to CVE, the Portfolio is in line with our vision of the renewable energy market, based on the decentralization of production and a model of direct sale of energy through over-the-counter contracts, in response to the needs of companies and local communities. This funding consolidates CVE’s long-term presence in Chile and its leading position in the PMGD market.

“Natixis has a long and successful financing infrastructure in the Latin America region, including around 15 transactions in the electricity sector in Chile over the past three years, ”said Ben koehler, Executive Director of Infrastructure & Energy Financing at Natixis. “This transaction marks our ninth PMGD term financing as the sole lead in just over two years. We are delighted that CVE has funded this second PMGD portfolio following our joint success on their first portfolio, and look forward to continuing to support their growth in Chile and elsewhere.”

“With this senior financing of our second PMGD portfolio, Natixis is strengthening its partnership with CVE Chile, in the service of energy transition by Chile. This transaction with a major player like Natixis demonstrates CVE’s financial expertise as well as the attractiveness of our Chilean projects ”, declared Cyril Gilot, Director of Financing and Investments at CVE.

The PMGD scheme was created in 2005 with the aim of encouraging more distributed and greener electricity production. The projects of the CVE PMGD portfolio also contribute to from Chile broader energy transition as the country gradually withdraws its coal-fired power plants en route to the long-term goal of carbon neutrality.

About CVE
The CVE Group is an independent French producer of renewable energies across several countries and energy sources. The Group develops, finances and builds solar and hydraulic power stations and biomethane units to operate them on their own throughout their lifespan. The Group’s ambition is to provide sustainable responses to the energy and environmental needs of businesses and communities, in a direct energy sales model. CVE is ISO 9001: 2015 and ISO 14001: 2015 certified. Situated at Marseilles, with 6 regional offices, CVE has an international presence in Africa and through its subsidiaries in Chile and North America. Its 441 MWp photovoltaic installations produce, in one year, the equivalent of the electricity consumption of a city of 321,000 inhabitants. The company employs more than 200 people for a turnover of 38 million euros in 2020. For more information: www.cvegroup.com

Press contact:
Cecilia Marguin
Financial communications officer
+33 628 584 586
[email protected]

About Natixis
Natixis is a French multinational financial services company specializing in asset and wealth management, corporate and investment banking, insurance and payments. Subsidiary of Groupe BPCE, the second largest banking group in France Through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis has more than 16,000 employees in 36 countries. Its clients are companies, financial institutions, sovereign and supranational organizations, as well as the clients of Groupe BPCE networks. Natixis has a solid financial base with CET1 capital under Basel 3(1) of 12.4 billion euros, a Basel 3 CET1 ratio(1) of 11.5% and long-term quality ratings (Standard & Poor’s: A / Moody’s: A1 / Fitch Ratings: A +).
(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise – without phase-in.
Figures at June 30, 2021

Press contact:
Meredith Zarithény
Prosek Partners
+1 212 818 9251
[email protected]

https://www.natixis.com
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Eksfin approaches NOK 10 billion in loan financing for green ship projects https://mact-asso.org/eksfin-approaches-nok-10-billion-in-loan-financing-for-green-ship-projects/ Mon, 13 Sep 2021 19:22:27 +0000 https://mact-asso.org/eksfin-approaches-nok-10-billion-in-loan-financing-for-green-ship-projects/ Norwegian export credit agency Eksfin (formerly Export Credit Norway and GIEK) is playing a major role in accelerating the ‘green shift’ at sea, providing loan guarantees approaching € 1 billion for construction of 35 environmentally friendly ships over the past four years. including “Le Commandant Charcot”, the world’s most exclusive polar exploration cruise ship recently […]]]>

Norwegian export credit agency Eksfin (formerly Export Credit Norway and GIEK) is playing a major role in accelerating the ‘green shift’ at sea, providing loan guarantees approaching € 1 billion for construction of 35 environmentally friendly ships over the past four years. including “Le Commandant Charcot”, the world’s most exclusive polar exploration cruise ship recently delivered to the French cruise company PONANT by the Norwegian shipbuilder VARD.

Step number

Our job at Eksfin is to promote Norwegian exports globally and to strengthen the financial capacity of Norwegian industry. In the field of maritime transport, we help shipowners, shipyards and equipment subcontractors to finance an increasing number of ships using alternative fuels or new technologies that reduce harmful emissions. We are now close to the NOK 10 billion milestone figure and will continue to pursue projects with a strong environmental profile reflecting the industry trend towards more sustainable operations.Said Eksfin CEO Ms. Tone Lunde Bakker.

The delivery by VARD Søviknes of ‘Le Commandant Charcot’ serves to underline Eksfin’s decisive role in funding such projects. VARD won the PONANT contract thanks in part to state-guaranteed loans and risk guarantees from Eksfin.

I am very proud of Eksfin’s involvement in securing this project for one of Norway’s main maritime exporters. Our export financing package was important in influencing the choice of shipowner in a context of fierce competition between Finnish, German and Norwegian shipbuilders.”Said Ms. Lunde Bakker.

Lunde Bakker, CEO, Eksfin

The PONANT company, based in Marseille, made a significant contribution to the position of the contract from its own resources, Eksfin ensuring the outstanding amount in cooperation with French banks. Eksfin’s loan amounted to 162.4 million euros, with risk guarantees still totaling more than 182.7 million euros.

“PONANT aims to provide a focused and sustainable luxury experience on board small vessels. “Le Commandant Charcot” is the newest and most iconic member of our fleet with an ultra-luxurious vessel sailing to never-before-sailed destinations with unique environmental characteristics. The efficient assistance of Eksfin and our lenders has helped make this extraordinary vessel a reality, ”said PONANT CFO, Mr. Alexis Blavette.

One of a kind

Eksfin previously helped finance six expedition cruise ships also built by VARD for PONANT, but this seventh vessel is unique and, as the world’s first LNG-powered hybrid-electric vessel with icebreaker capability , the first of its kind.

“The delivery of ‘Le Commandant Charcot’ and its superior environmental credentials further strengthen Norway’s position as a leading producer of high-end and high-value vessels and technology. This is a great example of how we can work with exporters and financial institutions to facilitate winning bids.”Said Ms. Lunde Bakker.

Environmentally friendly technology

PONANT estimates that the use of LNG will reduce emissions of sulfur oxides (SOx), nitrogen oxides (NOx) and carbon dioxide (CO2) respectively by 95%, 85% and 25% compared to conventional cruise ships. “Le Commandant Charcot” is also designed for optimum energy efficiency and a minimal footprint using innovative systems designed by VARD’s specialist business units. The ship’s complete electrical solution includes state-of-the-art battery technology from Norwegian company Corvus Energy.

“Own vessel” classification

PONANT will deploy the 245-passenger ship on polar cruises to the Arctic and Antarctica. Maritime activity in these very remote areas is subject to strict regulations. In accordance with PONANT’s emphasis on environmental considerations in all of its activities, “Le Commandant Charcot” has been certified by the French classification society Bureau Veritas not only with the PC2 polar ice class, but also with the “Clean” status. Ship ”and“ Comfort Class ”thanks to advanced technologies which reduce not only the environmental impact but also noise and vibrations while guaranteeing the highest level of safety.

Facilitate polar research

“Le Commandant Charcot” also has research facilities that will allow the scientific community to study and analyze water, air, ice and biological diversity at the extreme poles. It will access some of the most remote places in the world, including the geographic North Pole (90 degrees north), the Northeast Greenland National Park and the Svalbard Archipelago in the Arctic and the Bellingshausen Sea, the islands Pierre I and Charcot and the Larsen Ice Shelf in Antarctica.

Flamboyant green trail

Other Norwegian companies have used Eksfin funding for green ship projects, including Hurtigruten for hybrid cruise ships; ferry operators Norled, Boreal and Fjord1 for diesel-electric, hydrogen-electric and all-electric ferries; Color Line for the world’s largest hybrid cruise ferry; the Cetus fishing company for the electrical connection to land; and the tanker operator Altera Shuttle Tanker for LNG-powered tankers with recovery of volatile compound (VOC) emissions.

AAA post

Our new Eksfin structure makes it easier and easier for clients and exporters to access advisory services and state-supported funding for complex projects. As a trusted partner with a streamlined approach and minimal paperwork, our AAA rated financial instruments available at competitive rates are invaluable in securing contracts in a demanding market. We are also proud to work with forward-looking stakeholders, spearheading the transition to greener navigation of the future.”Said Ms. Lunde Bakker.

The top ten Norwegian exporters of renewable technologies

About Eksfin

Export Finance Norway (Eksfin) is a government finance company under the Norwegian Ministry of Trade, Industry and Fisheries. Eksfin promotes Norwegian exports by supporting Norwegian companies, foreign buyers and their banks with a wide range of state guaranteed loans, guarantees and expert advisory services. Eksfin’s financial solutions represent a state-supported complement to the private banking and finance market. Eksfin was established on July 1, 2021 through the merger of the Norwegian Export Credit Guarantee Agency (GIEK) and Export Credit Norway AS.

Source and images: www.Eksfin.no
Photo: © PONANT / Nicolas Dubreuil


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David Luiz refuses to join Saliba and Guendouzi in Marseille https://mact-asso.org/david-luiz-refuses-to-join-saliba-and-guendouzi-in-marseille/ Thu, 09 Sep 2021 09:10:25 +0000 https://mact-asso.org/david-luiz-refuses-to-join-saliba-and-guendouzi-in-marseille/ It seems that the French giants of Olympique de Marseille have been trying all summer to persuade David Luiz to join his former Arsenal teammates Saliba and Guendouzi in the south of France. The Brazilian was named a free agent when his contract with the Gunners expired in June, but despite Marseille’s best efforts, they […]]]>

It seems that the French giants of Olympique de Marseille have been trying all summer to persuade David Luiz to join his former Arsenal teammates Saliba and Guendouzi in the south of France.

The Brazilian was named a free agent when his contract with the Gunners expired in June, but despite Marseille’s best efforts, they failed to convince the 34-year-old to return to Ligue 1, where he has known from. many years of success by winning trophies with PSG.

The news that Luiz had turned down a move to Marseille was revealed exclusively at Le10Sport, and here is their report (translated by Google, of course)

EXCLUSIVE – Mercato: David Luiz will not come to OM

According to our information, OM continued until recently to try to sign David Luiz. But the negotiations will not succeed with the Brazilian.

Jorge Sampaoli and Pablo Longoria tried all summer to convince David Luiz to come to OM. Even very recently, the Marseille team relaunched the Brazilian to try to find a solution, as the Marseillais did for Amine Harit. Free from any contract, David Luiz listened to the many Marseille proposals. But according to our information, he will not come to OM. As he will not sign either in Salerno, with Franck Ribéry. His destiny should rather be written in Brazil, with a return to his native country.

The latest rumors say that Luiz has instead decided to follow Willian and return to Brazil, and he has reportedly been in close contact with Flamengo and Cruziero, although nothing official has been announced so far, but it now appears sure he won’t. spend next year in Marseille …


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Provepharm Life Solution raises € 120 million in financing https://mact-asso.org/provepharm-life-solution-raises-e-120-million-in-financing/ Wed, 08 Sep 2021 11:04:49 +0000 https://mact-asso.org/provepharm-life-solution-raises-e-120-million-in-financing/ Provepharm Life Solutions, a pharmaceutical company based in Marsille, France, which is finding new applications for known molecules, has raised 120 million euros in funding. Tikehau Capital will provide the funds joining the group’s pool of banking investors, including Societe Generale, BNP Paribas, Banque Populaire Méditerranée, Crédit Agricole Alpes Provence and Bpifrance. The company intends […]]]>

Provepharm Life Solutions, a pharmaceutical company based in Marsille, France, which is finding new applications for known molecules, has raised 120 million euros in funding.

Tikehau Capital will provide the funds joining the group’s pool of banking investors, including Societe Generale, BNP Paribas, Banque Populaire Méditerranée, Crédit Agricole Alpes Provence and Bpifrance.

The company intends with these funds to consolidate its position as an international and independent pharmaceutical group, in particular by hiring new employees in France and the United States, and by increasing the size of its laboratories in Marseille.

Founded in 1998 and led by Michel Feraud, CEO, Provepharm Life Solutions finds new uses for mature molecules, in particular antidotes and surgical dyes. The company’s platform is used to redefine the requirements for the purity of active ingredients and maximize their therapeutic potential, allowing it to explore new and untouched indications. Provepharm’s strategy first bore fruit with the development of a new patented method for synthesizing methylene blue. This new active ingredient has enabled the company to obtain marketing authorizations in more than 30 countries and to continue its international expansion.
The company, based in Marseille (France) and Philadelphia (United States), employs more than 90 people, achieved a turnover of 48.5 M € (57.5 M $) in 2020. After raising 42.5 M € (49.8 M $) in 2019, it benefited from a new investment. € 120 million ($ 142.3 million) in September 2021 from Tikehau Capital, which joined its group of historic banking investors, including Société Générale, BNP Paribas, Banque Populaire Méditerranée, Crédit Agricole Alpes Provence and Bpifrance.

FinSME

09/08/2021


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European banks still register profits in tax havens: report https://mact-asso.org/european-banks-still-register-profits-in-tax-havens-report/ Mon, 06 Sep 2021 18:00:00 +0000 https://mact-asso.org/european-banks-still-register-profits-in-tax-havens-report/ Reuters, London Tue Sep 7, 2021 12:00 AM Arrangement of various world currencies, including Chinese Yuan, US Dollar, Euro, British Pound. Photo: REUTERS / File “> Arrangement of various world currencies, including Chinese Yuan, US Dollar, Euro, British Pound. Photo: REUTERS / File Major European banks continue to use tax havens to account for profit […]]]>

Arrangement of various world currencies, including Chinese Yuan, US Dollar, Euro, British Pound. Photo: REUTERS / File

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Arrangement of various world currencies, including Chinese Yuan, US Dollar, Euro, British Pound. Photo: REUTERS / File

Major European banks continue to use tax havens to account for profit brackets, a trend that has changed little since 2014, despite the country-by-country disclosure requirement, the EU Tax Observatory said on Monday in a report. report.

The independent research body, co-funded by the European Union, said disclosures from 36 major European banks showed they had registered a total of 20 billion euros ($ 23.77 billion) or around 14% of total profits, in tax havens, even if little was used there.

For all the latest news, follow the Daily Star’s Google News channel.

The profits recorded by banks in tax havens amount to around 238,000 per employee, against 65,000 euros in non-tax havens, according to the report.

“This suggests that the profits recorded in tax havens are mainly transferred out of other countries where the production of services takes place,” he added.

Taxes have become a sensitive issue, with cash-strapped governments plugging holes in the economy due to Covid’s attempt to agree on a common rate to tax Big Techs, in particular.

Country-by-country reports aimed at shedding light on the inner workings of banks have failed to change behavior despite the rise of tax issues on the public agenda, according to the report.

“More ambitious initiatives such as a global minimum tax with a rate of 25 percent may be needed to curb the use of tax havens by the banking sector.”


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DEA increases cannabis and psilocybin quotas ahead of FDA approval (Newsletter: September 2, 2021) https://mact-asso.org/dea-increases-cannabis-and-psilocybin-quotas-ahead-of-fda-approval-newsletter-september-2-2021/ Thu, 02 Sep 2021 10:29:09 +0000 https://mact-asso.org/dea-increases-cannabis-and-psilocybin-quotas-ahead-of-fda-approval-newsletter-september-2-2021/ New York marijuana regulators have confirmed; Senators Receive Feedback on Cannabis Bill; Seattle Task Force: Decriminalize All Drugs; MA’s $ 2 billion in marijuana sales Subscribe to receive the Marijuana Moment newsletter delivered to your inbox every morning of the week. It’s the best way to find out which cannabis stories are shaping the day. […]]]>

New York marijuana regulators have confirmed; Senators Receive Feedback on Cannabis Bill; Seattle Task Force: Decriminalize All Drugs; MA’s $ 2 billion in marijuana sales

Subscribe to receive the Marijuana Moment newsletter delivered to your inbox every morning of the week. It’s the best way to find out which cannabis stories are shaping the day.

Your support makes Marijuana Moment possible…

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/ THINGS TO KNOW

The Drug Enforcement Administration has proposed a massive increase in the amount of marijuana and psilocybin that can be produced legally for research, which he says are “necessary steps towards the potential Food and Drug Administration (FDA) approval of new products medicated “.

Several major cannabis and industry advocacy organizations submitted comments on the federal marijuana legalization bill from Senate Majority Leader Chuck Schumer (D-NY). Marijuana Moment has compiled an overview of concerns about taxes, fairness, interstate commerce, licensing and more that have been raised by groups.

New York Governor Kathy Hochul (D) appointed – and the Senate has confirmed – two key officials who will be responsible for getting the legal marijuana market off the ground in the state.

Seattle, Washington’s Innovative Emergency Overdose Recovery Task Force recommends that the city decriminalize all drugs – and says psychedelics in particular could be a promising treatment to treat substance abuse disorders and mental health issues.

The Massachusetts Cannabis Control Board announced that retailers and delivery services have sold more than $ 2 billion worth of legal marijuana since legalization began.

/ FEDERAL

The United States Forest Service published an article on cleaning up illegal marijuana cultivation sites.

Representative Thomas Massie (R-KY) tweeted: “I will stand up for your right to ingest, consume or receive any vaccine, food, drug or treatment you wish whether the government approves it or not… I don’t care if you take mushrooms or marijuana .

/ STATES

California Gov. Gavin Newsom (R) signed a bill to exempt marijuana grown under a Drug Enforcement Administration research production license from state regulations. Separately, the State best cannabis regulator spoke of efforts to strengthen rule-making and oversight.

Florida Democratic gubernatorial candidate Nikki Fried, currently Commissioner of Agriculture, has filed a disclosure form showing she has an investment of approximately $ 130,000 in Harvest Health & Recreation, Inc.

The South Dakota The medical marijuana subcommittee of the legislature voted to recommend a ban on the domestic cultivation of medical cannabis.

a Illinois The judge left an order in place preventing regulators from issuing commercial marijuana licenses to recent lottery winners.

Colorado regulators have launched new online portals for the marijuana trade and employee Licence.

Nevada regulators launch ACH payment feature for marijuana agent card applicants and license fees.

Arizona regulators have published a list of certified medical cannabis testing laboratories.

new York regulators have published a list of authorized hemp research partners.

Ohio regulators have released updated data on medical cannabis licenses and employees.

Michigan Regulators will hold a social equity education and awareness session on marijuana on Thursday.

The New Mexico The Cannabis Regulatory Advisory Committee will meet on Thursday.

Oregon The Cannabis Testing Rules Advisory Committee will meet on September 9.


Marijuana Moment is already following more than 1,200 cannabis, psychedelics and drug bills in state legislatures and Congress this year. Patreon supporters pledging at least $ 25 / month have access to our interactive maps, charts and audience calendar so they don’t miss any developments.

Learn more about our Marijuana Bill Tracker and become a Patreon supporter to access it.

/ LOCAL

New York City Democratic mayoral candidate Eric Adams, when asked about the state’s new law to legalize marijuana, said: “Bring the joints.”

A San Luis Obispo County, California the review concluded that bribes from a marijuana producer may have influenced at least two decisions of the supervisory board.

Sonoma County, California officials are investigating cannabis vision.

/ INTERNATIONAL

from Canada The Liberal Party has said it will consult with medical experts on the possibility of allowing the therapeutic use of psilocybin. Separately, the Regina, Saskatchewan The Council of Police Commissioners approved a resolution calling for research into the potential decriminalization of drugs.

British Virgin Islands Prime Minister Andrew Fahie said the former governor of the territory should have voiced concerns about a cannabis bill before it was passed.

A South African Bill to legalize the use and cultivation of marijuana in accordance with court rulings is challenged by the plaintiff in this case.

a Australian Lawmakers tweeted: “Thousands of deaths from drug overdoses could be avoided if the government had the courage to legalize cannabis and decriminalize all other drugs for personal use. “

/ SCIENCE & HEALTH

One review concluded that “the use of cannabis for medical purposes decreases the duration and frequency of migraines and headaches of unknown origin ”and that“ patients with migraines and related conditions may benefit from medical treatment with cannabis because of its convenience and effectiveness ”.

A study found that the legalization of marijuana in Canada “was not associated with evidence of significant changes after legalization in Canada. circulation accident [emergency department] visits in Ontario or Alberta among all drivers or young drivers, in particular.

/ ADVOCACY, OPINION & ANALYSIS

Colorado NORML opposes a voting measure to increase taxes on marijuana and use the proceeds to fund education programs.

The National Center for Immigrant Justice tweeted: “As states move to legalize marijuana, it is essential that policymakers do not lose sight of the ongoing harm that many people will continue to face if we do not also tackle unfair laws on marijuana. immigration that criminalizes immigrants. “

/ BUSINESS

Amazon encourages its delivery partners to advertise that they do not test employees for marijuana.

A subsidiary of The Boston Beer Company, Inc. partners with WeedMD RX Inc. and Peak Processing Solutions to produce non-alcoholic cannabis drinks in Canada.

TerrAscend Corp. acquires Gage Growth Corp.

HEXO Corp. completed its acquisition of 48North Cannabis Corp.

Harvest Health & Leisure Inc. sells medical cannabis license in Florida to Planet 13 Holdings Inc.

Green Thumb Industries Inc. acquired GreenStar Herbals, Inc.

Ayr Well-being Inc. acquires PA Natural Medicine, LLC.

Greenlane Holdings, Inc. and KushCo Holdings, Inc. completed their merger.

Organigram Holdings Inc. has filed a final short form base shelf prospectus to authorize the distribution of up to C $ 500 million of shares, debt securities, subscription receipts, warrants and units.

/ CULTURE

Rosario Dawson spoke about joining Cann’s board of directors and the need for fairness in the marijuana industry.

Make sure to subscribe to receive Marijuana Moment Daily Shipment to your inbox.

Marijuana Moment is made possible by the support of readers. If you rely on our cannabis advocacy journalism to stay informed, please consider a monthly Patreon engagement.



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The seven questions Jeff Shi and Fosun must answer after Wolves flop on deadline day – Alex Dicken https://mact-asso.org/the-seven-questions-jeff-shi-and-fosun-must-answer-after-wolves-flop-on-deadline-day-alex-dicken/ Thu, 02 Sep 2021 07:00:00 +0000 https://mact-asso.org/the-seven-questions-jeff-shi-and-fosun-must-answer-after-wolves-flop-on-deadline-day-alex-dicken/ Wolverhampton Wanderers supporters want answers after the deadline day debacle that occurred earlier this week. As the last day of the summer transfer window approached, Bruno Lage wanted at least two new players to strengthen his ranks. The head coach was disappointed, however, as Wolves missed three targets to end the day empty-handed. The deals […]]]>

Wolverhampton Wanderers supporters want answers after the deadline day debacle that occurred earlier this week.

As the last day of the summer transfer window approached, Bruno Lage wanted at least two new players to strengthen his ranks.

The head coach was disappointed, however, as Wolves missed three targets to end the day empty-handed.

The deals for Lille midfielder Renato Sanches, Marseille utility Boubacar Kamara and Cardiff City striker Kieffer Moore did not come through, while Morgan Gibbs-White was loaned out to leave Lage with an even bigger squad. small.

Fan frustration has been directed at chairman Jeff Shi – who heads the club’s transfer team – and the Fosun owners after another window in which Wolves failed to excel in the market.

There are a lot of questions fans need answered …

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Why was Bruno Lage not supported in the market?

It’s clear to everyone that Lage didn’t get what he wanted. Just 48 hours before the window closed, Lage reiterated his desire for Wolves to recruit more players – they never arrived.

Lage shouldn’t make too much of a fuss at this point after patiently waiting for his chance to manage in the Premier League, but he has every right to be frustrated at being short-sold by his bosses.

In response to a question about the chances of Wolves joining their squad during his pre-Manchester United press conference, it was evident that Lage’s confidence was waning.

“I’m confident in the way we work – the way we work and the way we play – I’m confident about it,” he said.

The Wolves hierarchy have asked Lage to transform the team’s playstyle and develop the club’s youngsters, which he already does. The owners should have held their end of the bargain and given it a team capable of achieving “something special”.

READ: What the future holds for Adama after Wolves reject deadline offer

READ: The Wolves transfer Bruno Lage is banking on – and why it turns Fosun on

How have Wolves still failed to solve their two biggest problems in the transfer market?

A defender and midfielder, everyone who regularly watches Wolves has been able to spot what is needed.

Lage knew this and so did the recruiting team because the head coach had provided them with detailed profiles to find the players he wanted.

Lage is only reaffirming what his predecessor Nuno Espirito Santo knew, which is why Wolves have looked at defenders and midfielders over the past five transfer windows.

Yerson Mosquera could be the long-term answer at the back, but Wolves still rely on the same three midfielders they were in 2018. A two-man combination of Ruben Neves, Joao Moutinho and Leander Dendoncker did not always worked up to this point.

Wolves were linked with defenders throughout the window and made a few offers as well, but why did it take until the penultimate day for something to be done for Sanches?

He was clearly the midfielder Wolves needed and surely a deal could have been made before his knee injury even happened.



Wolves head coach Bruno Lage failed to receive the players he needed on transfer deadline day

Have Wolves reached a ceiling using almost exclusively Jorge Mendes?

Mendes ‘involvement in Wolves’ summer affairs will never be known to the public, but three of the five newcomers are Gestifute clients.

Jose Sa, Rayan Ait-Nouri, and Francisco Trincao are in Mendes’ books, while Mosquera and Hwang Hee-chan are not directly related to Gestifute.

Sanches is a man from Mendes, although Lage has reportedly pushed Wolves to open negotiations with Lille over the 24-year-old.

Shi insisted that wolves don’t depend too much on his “good friend” Mendes, another window passed where the club barely looked away from Gestifute’s annual catalog.


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How does FFP affect the club’s transfer activity?

A small part of the supporters came up to the owner’s defense and cited financial fair play as the reason for Lage’s lack of support.

On the #AskWolves series in May, Shi admitted that wolves have “hurdles to overcome” with FFP due to the loss of income caused by the pandemic.

Wolves ended the summer transfer window with a small profit of around £ 6million.

For the most part, the FFP is about Shi who claims to have been created by the business of the previous transfer windows. While there have been plenty of deals that have paid off, spending over £ 50million on Patrick Cutrone and Fabio Silva has not, no matter how talented the latter may be.

The chances of Shi sitting down and explaining the big picture are slim, but if FFP is going to excuse a lack of investment in the playing team, it just seems like fans have a better idea of ​​the ins and outs of. a complex subject.



Jeff Shi has been slammed by supporters after Wolves failed to sign player on deadline day

Is it possible to progress on the ground and to benefit from it?

The Wolves in the Window profit was a rarity in the Premier League, but it was not a rarity for Fosun. Aside from 2018, Wolves owners have been pretty strict on the transfer market so the team hasn’t made much progress.

Fosun is all about making money, but is it possible to do so and be successful in the Premier League?

While Wolves focused on low-risk transactions, others spent money and passed them. Aston Villa, for example, spent over £ 200million in the summer 2019 and 2020 windows combined and finished above Wolves in 2021.

It is becoming increasingly difficult for a club the size of Wolves, which does not have the income of a so-called ‘Big Six’ club, to monetize transfers and progress on the pitch.

READ: Reasons Wolves didn’t sign anyone on transfer deadline day

READ: Clement Grenier and other Wolves free agents could sign to help Lage

You told fans to “trust” Fosun in the window. What has been done recently to gain this trust?

Fosun has done a lot of good things for the wolves and, just as important, the city of Wolverhampton. Great confidence has built over the past five years and Shi called on fans to keep that confidence going ahead of the summer window after a disappointing 2020/21 season.

Fans weren’t expecting Fosun to break the bank, but they expected a lot more ambition to be shown in the transfer market.

Of course, the results are all going well, but Wolves haven’t shown much ambition in the transfer market since the summer of 2018. The starting XI has improved dramatically that year as ‘it hasn’t been since.

When Diogo Jota joined Liverpool, Nuno – the then head coach – insisted Wolves were not a stepping stone. But how can Neves and Adama Traore’s players hope to achieve their lofty long-term goals at Wolves now?

The Molineux redevelopment also seems off the agenda for the foreseeable future, despite the club’s overflowing membership waiting list.

Shi has expressed his wish that Wolves increase Molineux’s capacity to 50,000 once the club are comfortable in the Premier League. The club have been more than comfortable in the top flight for three years, but these big plans for Molineux are a pipe dream at the moment.

READ: Wolves could receive a heavy blow from Raul Jimenez after FIFA intervention

READ: Fosun Wolves’ ‘abysmal’ transfer plan ditched Bruno Lage

Why do you charge for a top six product when you haven’t been able to deliver it in the field?

Wolves’ cheapest season pass costs more than Manchester United’s and the club are fifth on the list of teams that charge fans the most to watch Premier League football.

Prices were increased in May, with the cheapest season ticket for an adult costing £ 549 and the most expensive – a seat in the upper Billy Wright – costing £ 733.

After being forced to dig deeper into their pockets, fans expected Wolves to act like a club that charges over £ 700 for a season pass in the transfer market.

Let us know your thoughts on the Wolves and Fosun transfer window in the comments section below …


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Biden Admin Allows Deported Cannabis Veteran Return To US (Newsletter: September 1, 2021) https://mact-asso.org/biden-admin-allows-deported-cannabis-veteran-return-to-us-newsletter-september-1-2021/ Wed, 01 Sep 2021 10:13:46 +0000 https://mact-asso.org/biden-admin-allows-deported-cannabis-veteran-return-to-us-newsletter-september-1-2021/ New York marijuana regulators have confirmed; Senators Receive Feedback on Cannabis Bill; Seattle Task Force: Decriminalize All Drugs; MA’s $ 2 billion in marijuana sales Subscribe to receive the Marijuana Moment newsletter delivered to your inbox every morning of the week. It’s the best way to find out which cannabis stories are shaping the day. […]]]>

New York marijuana regulators have confirmed; Senators Receive Feedback on Cannabis Bill; Seattle Task Force: Decriminalize All Drugs; MA’s $ 2 billion in marijuana sales

Subscribe to receive the Marijuana Moment newsletter delivered to your inbox every morning of the week. It’s the best way to find out which cannabis stories are shaping the day.

Your support makes Marijuana Moment possible…

Free to read (but not free to produce)! We take pride in our newsletter and the reports we publish on Marijuana Moment, and we are happy to provide them for free. But it takes a lot of work and resources to get there.

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/ THINGS TO KNOW

The Drug Enforcement Administration has proposed a massive increase in the amount of marijuana and psilocybin that can be produced legally for research, which he says are “necessary steps towards the potential Food and Drug Administration (FDA) approval of new products medicated “.

Several major cannabis and industry advocacy organizations submitted comments on the federal marijuana legalization bill from Senate Majority Leader Chuck Schumer (D-NY). Marijuana Moment has compiled an overview of concerns about taxes, fairness, interstate commerce, licensing and more that have been raised by groups.

New York Governor Kathy Hochul (D) appointed – and the Senate has confirmed – two key officials who will be responsible for getting the legal marijuana market off the ground in the state.

Seattle, Washington’s Innovative Emergency Overdose Recovery Task Force recommends that the city decriminalize all drugs and says psychedelics in particular could be a promising treatment to treat substance abuse disorders and mental health issues.

The Massachusetts Cannabis Control Board announced that retailers and delivery services have sold more than $ 2 billion worth of legal marijuana since legalization began.

/ FEDERAL

The United States Forest Service published an article on cleaning up illegal marijuana cultivation sites.

Representative Thomas Massie (R-KY) tweeted: “I will stand up for your right to ingest, consume or receive any vaccine, food, drug or treatment you wish whether the government approves it or not… I don’t care if you take mushrooms or marijuana .

/ STATES

California Gov. Gavin Newsom (R) signed a bill to exempt marijuana grown under a Drug Enforcement Administration research production license from state regulations. Separately, the State best cannabis regulator spoke of efforts to strengthen rule-making and oversight.

Florida Democratic gubernatorial candidate Nikki Fried, currently Commissioner of Agriculture, has filed a disclosure form showing she has an investment of approximately $ 130,000 in Harvest Health & Recreation, Inc.

The South Dakota The medical marijuana subcommittee of the legislature voted to recommend a ban on the domestic cultivation of medical cannabis.

a Illinois The judge left an order in place preventing regulators from issuing commercial marijuana licenses to recent lottery winners.

Colorado regulators have launched new online portals for the marijuana trade and employee Licence.

Nevada regulators launch ACH payment feature for marijuana agent card applicants and license fees.

Arizona regulators have published a list of certified medical cannabis testing laboratories.

new York regulators have published a list of authorized hemp research partners.

Ohio regulators have released updated data on medical cannabis licenses and employees.

Michigan Regulators will hold a social equity education and awareness session on marijuana on Thursday.

The New Mexico The Cannabis Regulatory Advisory Committee will meet on Thursday.

Oregon The Cannabis Testing Rules Advisory Committee will meet on September 9.


Marijuana Moment is already following more than 1,200 cannabis, psychedelics and drug bills in state legislatures and Congress this year. Patreon supporters pledging at least $ 25 / month have access to our interactive maps, charts and audience calendar so they don’t miss any developments.

Learn more about our Marijuana Bill Tracker and become a Patreon supporter to access it.

/ LOCAL

New York City Democratic mayoral candidate Eric Adams, when asked about the state’s new law to legalize marijuana, said: “Bring the joints.”

A San Luis Obispo County, California the review concluded that bribes from a marijuana producer may have influenced at least two decisions of the supervisory board.

Sonoma County, California officials are investigating cannabis vision.

/ INTERNATIONAL

from Canada The Liberal Party has said it will consult with medical experts on the possibility of allowing the therapeutic use of psilocybin. Separately, the Regina, Saskatchewan The Council of Police Commissioners approved a resolution calling for research into the potential decriminalization of drugs.

British Virgin Islands Prime Minister Andrew Fahie said the former governor of the territory should have voiced concerns about a cannabis bill before it was passed.

A South African Bill to legalize the use and cultivation of marijuana in accordance with court rulings is challenged by the plaintiff in this case.

a Australian Lawmakers tweeted: “Thousands of deaths from drug overdoses could be avoided if the government had the courage to legalize cannabis and decriminalize all other drugs for personal use. “

/ SCIENCE & HEALTH

One review concluded that “the use of cannabis for medical purposes decreases the duration and frequency of migraines and headaches of unknown origin ”and that“ patients with migraines and related conditions may benefit from medical treatment with cannabis because of its convenience and effectiveness ”.

One study found that the legalization of marijuana in Canada “was not associated with evidence of significant changes after legalization in Canada. circulation accident [emergency department] visits in Ontario or Alberta among all drivers or young drivers, in particular.

/ ADVOCACY, OPINION & ANALYSIS

Colorado NORML opposes a voting measure to increase taxes on marijuana and use the proceeds to fund education programs.

The National Center for Immigrant Justice tweeted: “As states move to legalize marijuana, it is essential that policymakers do not lose sight of the ongoing harm that many people will continue to face if we do not also tackle unfair laws on marijuana. immigration that criminalizes immigrants. “

/ BUSINESS

Amazon encourages its delivery partners to advertise that they do not test employees for marijuana.

A subsidiary of The Boston Beer Company, Inc. partners with WeedMD RX Inc. and Peak Processing Solutions to produce non-alcoholic cannabis drinks in Canada.

TerrAscend Corp. acquires Gage Growth Corp.

HEXO Corp. completed its acquisition of 48North Cannabis Corp.

Harvest Health & Leisure Inc. sells medical cannabis license in Florida to Planet 13 Holdings Inc.

Green Thumb Industries Inc. acquired GreenStar Herbals, Inc.

Ayr Well-being Inc. acquires PA Natural Medicine, LLC.

Greenlane Holdings, Inc. and KushCo Holdings, Inc. completed their merger.

Organigram Holdings Inc. has filed a final short form base shelf prospectus to authorize the distribution of up to C $ 500 million of shares, debt securities, subscription receipts, warrants and units.

/ CULTURE

Rosario Dawson spoke about joining Cann’s board of directors and the need for fairness in the marijuana industry.

Make sure to subscribe to receive Marijuana Moment Daily Shipment to your inbox.

Marijuana Moment is made possible by the support of readers. If you rely on our cannabis advocacy journalism to stay informed, please consider a monthly Patreon engagement.



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Myrto Zambarta new Head of European Commission Representation in Cyprus https://mact-asso.org/myrto-zambarta-new-head-of-european-commission-representation-in-cyprus/ Wed, 01 Sep 2021 07:00:00 +0000 https://mact-asso.org/myrto-zambarta-new-head-of-european-commission-representation-in-cyprus/ Cypriot national Myrto Zambarta took up her post on Wednesday as the new head of the European Commission’s representation in Cyprus. Zambarta has worked for the European Commission for over 15 years, during which time she gained in-depth knowledge of several EU policy areas, in particular international trade and investment issues, as well as humanitarian […]]]>

Cypriot national Myrto Zambarta took up her post on Wednesday as the new head of the European Commission’s representation in Cyprus.

Zambarta has worked for the European Commission for over 15 years, during which time she gained in-depth knowledge of several EU policy areas, in particular international trade and investment issues, as well as humanitarian aid and crisis management.

By virtue of her former functions, she has significant experience in management functions and in carrying out representation and international negotiation tasks.

Zambarta has been Head of Unit in the Directorate-General for Trade, responsible for Multilateral Affairs and the World Trade Organization (since 2017). In some of her most important former positions, she was Deputy Head of Unit for Services (2015-2017) in the Directorate-General for Trade, and member of the cabinet of Commissioner Stylianides for Humanitarian Aid and Crisis Management. (2014-2015).

Myrto Zambarta graduated in Law from the University of Cambridge and holds postgraduate degrees in Banking and Financial Law and Finance from the University of London.

The European Commission has representations in all the capitals of the EU Member States and regional offices in Barcelona, ​​Bonn, Marseille, Milan, Munich and Wroclaw.

Representations are the eyes, ears and voice of the Commission on the ground in the EU Member States. They interact with national authorities, stakeholders and citizens, and inform the media and the public about EU policies. Heads of Representation are appointed by the President of the European Commission and are his political representatives in the Member State to which they are posted.


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New Head of the Representation of the EC in Cyprus | Stockwatch https://mact-asso.org/new-head-of-the-representation-of-the-ec-in-cyprus-stockwatch/ Wed, 01 Sep 2021 07:00:00 +0000 https://mact-asso.org/new-head-of-the-representation-of-the-ec-in-cyprus-stockwatch/ Cypriot national Myrto Zambarta took up her post on Wednesday as the new head of the European Commission’s representation in Cyprus. Zambarta has worked for the European Commission for over 15 years, during which time she gained in-depth knowledge of several EU policy areas, in particular international trade and investment issues, as well as humanitarian […]]]>

Cypriot national Myrto Zambarta took up her post on Wednesday as the new head of the European Commission’s representation in Cyprus.

Zambarta has worked for the European Commission for over 15 years, during which time she gained in-depth knowledge of several EU policy areas, in particular international trade and investment issues, as well as humanitarian aid and crisis management.

By virtue of her former functions, she has significant experience in management functions and in carrying out representation and international negotiation tasks.

Zambarta has been Head of Unit in the Directorate-General for Trade, responsible for Multilateral Affairs and the World Trade Organization (since 2017). In some of her most important former positions, she was Deputy Head of Unit for Services (2015-2017) in the Directorate-General for Trade, and member of the cabinet of Commissioner Stylianides for Humanitarian Aid and Crisis Management. (2014-2015).

Myrto Zambarta graduated in Law from the University of Cambridge and holds postgraduate degrees in Banking and Financial Law and Finance from the University of London.

The European Commission has representations in all the capitals of the EU Member States and regional offices in Barcelona, ​​Bonn, Marseille, Milan, Munich and Wroclaw.

Representations are the eyes, ears and voice of the Commission on the ground in the EU Member States. They interact with national authorities, stakeholders and citizens, and inform the media and the public about EU policies. Heads of Representation are appointed by the President of the European Commission and are his political representatives in the Member State to which they are posted.


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