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Sweet Flower Expands Premium Cannabis Retail Footprint in Southern California with Multiple Competitive License Awards and Approvals

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Accelerating a rapid ascent to the forefront of the industry, Sweet Flowera cannabis lifestyle brand committed to modernizing the cannabis customer experienceannounces that the City of Culver City approved its application to proceed to Step 1(c) of the Culver City Business Permit Storefront Retail Application process.

Accordingly, subject to final approval, Sweet Flower is one of only three applicants approved to proceed further to obtain a retail license in Culver City, from a field of 23 applicants. In addition, Sweet Flower has been recently awarded a retail license in the City of Pasadena, one of only six retail licenses awarded in Pasadena, from a field of 122 applicants.

With these key approvals and awards in competitive license markets, Sweet Flower significantly expands its marquee presence in the premium Los Angeles cannabis retail market, joining its locations in Los Angeles – on Melrose, in Studio City, in Westwood, and in the Downtown Los Angeles Arts District – to build the most differentiated, scaled premium retail footprint in Greater Los Angeles.

Not only has Sweet Flower achieved a 100% success rate for competitive license awards, winning in all locations it has applied for, it is the only California cannabis company to secure key approvals and license awards in both Culver City and Pasadena. Both awards and approvals remain subject to location approvals, conditional use permits and final approvals by each city.

Our selection by both Culver City and the City of Pasadena validates our vision, our team and our execution, and demonstrates our ability to obtain premium licenses in the most competitive of markets and to compete with anyone, including large multi-state operators. Our team of seasoned professionals, from companies such as Google, Snap, Equinox and Time Warner, is focused on building the premier Southern California cannabis retail brand, with stores in premium locations, providing best-in-class service, education and experience to our rapidly growing customer base, states Tim Dodd, CEO of Sweet Flower. Its a privilege to be building and operating a responsible, licensed premium cannabis business in the largest legal market in the United States. We look forward to working together with Culver City, the City of Pasadena, the City of Los Angeles and neighboring cities to expand our independently owned and responsibly operated cannabis business, and to deepen our engagement with our customers and the communities we serve.

Once approved, the Culver City retail location will come to life at the heart of the city across from WeWork, Equinox, and the world-famous Sony Pictures lot. The Pasadena and Culver City markets afford Sweet Flower a significant strategic presence in the Los Angeles market, conveniently accessible to every Angeleno, complementing Sweet Flowers existing premium licensed locations to provide a best-in-class retail footprint in Los Angeles. Sweet Flowers geographical presence is bolstered by Westwood (serving West LA, Brentwood, Santa Monica, Pacific Palisades, projected Q4 2019), Studio City (Hollywood Hills, Mulholland, San Fernando Valley), Melrose (Beverly Hills, West Hollywood, Hollywood, Mid-Wilshire), and Downtown LA Arts District (DTLA, East LA, and Southland, projected Q4 2019).

About Sweet Flower

Sweet Flower is a cannabis lifestyle retail brand committed to modernizing the cannabis customer experience. The hallmarks of the Sweet Flower experience are unparalleled customer service, the highest quality, locally sourced products, and retail environments distinguished by their design and inviting ambience. Founded in 2018, the company is headquartered in Culver City, California. Sweet Flower is committed to being an inclusive and diverse employer and to addressing the needs of the communities it serves.

This news release contains “forward-looking information” within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein are forward looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects the current beliefs of Sweet Flower and is based on information currently available to Sweet Flower and on assumptions that Sweet Flower believes are reasonable. These assumptions include, but are not limited to, the ability of Sweet Flower to obtain the licenses and complete the buildout transactions described above and the anticipated benefits to Sweet Flower of the transactions described above. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Sweet Flower to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; general capital market conditions and market prices for securities; the failure of Sweet Flower to complete the transactions described above; the actual results of future operations; competition; and changes in legislation affecting Sweet Flower. The forward-looking information contained in this news release represents the expectations of Sweet Flower as of the date of this news release and, accordingly, is subject to change after such date. However, Sweet Flower expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

AZIONE PR

Emily Hecht

[email protected]

404.317.9841

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Mozambique: Team Europe provides EUR 110 million for Mozambique recovery from 2019 cyclones

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WASHINGTON, 04 December 2020 / PRN Africa / — EU and European Investment Bank support water and flood mitigation investment in areas hit by cyclones last year.

The €100 million loan, blended with €10 million grant, to improve public health and climate resilience, and reduce the spread of COVID-19.

EIB delivering on a pledge made by the EU at 2019 International Donors' Conference in Beira.

Financing agreed today is part of a €200 million pledge made by the EU during the 2019 Beira International Donor Conference. This backed Mozambique's Disaster Recovery Framework, which sets the vision, strategic objectives and principles for recovery and reconstruction following the devastations caused by Tropical Cyclones Idai and Kenneth.

The €100 million loan to the Ministry of Economy and Finance will allow the Cabinet for Post-Idai and Kenneth Reconstruction, responsible for managing and monitoring the operation, to build resilience for future adversity through improved water supply, wastewater and drainage infrastructure in affected cities. In addition to this loan, the EU provides €10 million in grant to add Technical Assistance to this operation. The agreement was signed today in a virtual event by the Minister of Economy and Finance, Adriano Maleiane, the EU Ambassador to Mozambique, António Sánchez-Benedito Gaspar, and EIB-director María Shaw Barragán.

EIB Vice-President, Thomas Östros said: “Security of supply of clean water, and ensuring that water infrastructure is protected amid the current climate emergency, are priorities for the European Investment Bank. As the largest international lender to the water sector worldwide, the EIB is glad to finance and provide its expertise to this project in Mozambique, this will make local water infrastructure safer and more efficient. EU backed investment will improve public health, even more important during the global COVID-19 pandemic.”

In turn, His Excellency the Minister of Economy and Finance, Adriano Maleiane, representing the Government of Mozambique, stated that “the government will invest in the infrastructure and sectors chosen for this financing, including water, sanitation and drainage, implementing the resilience component of 'Rebuild Better', in line with the commitments set out in the Sustainable Development Goals and the Disaster Risk Reduction Framework adopted in Sendai, which we assumed, under the principle of accountability and transparency in Resource Management.” The Minister added that “the investment will improve public health, make cities more resilient and cleaner, and reduce the risks of future disasters.”

This investment will be used to ‘Build Back Better' the infrastructure that was damaged by the cyclones and subsequent floods, improving public health and making cities more resilient to climate-related risks and extreme events. New wastewater infrastructure will also help to avoid untreated slop flowing into rivers, tying the project into the worldwide Clean Ocean Initiative.

Background information

The EIB has a long track record of financing operations in Mozambique both under own resources and third party resources, although this will be the first post-disaster climate change resilience operation structured by the Bank in Mozambique. The EIB is exceptionally financing 100% of the reconstruction work given the climate disaster nature of the necessary rebuilding work.

The EU has already mobilised € 90 million in humanitarian and development assistance for Mozambique in the aftermath of the 2019 disaster.

Copyright European Union, 1995-2020

SOURCE International Monetary Fund (IMF)

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How Governments Can Create a Green, Job-rich Global Recovery

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WASHINGTON, 04 December 2020 / PRN Africa / — Climate change and the COVID-19 crisis have a great deal in common. Both are human tragedies and economic catastrophes: The pandemic has taken more than a million lives, thrown hundreds of millions out of work, and is projected to wipe out $28 trillion in output over the next five years; climate change's effects, meanwhile, are upending lives and livelihoods. Both crises are most devastating for vulnerable people and communities around the world. And both punish nations for under-preparation and shortsightedness.

The two crises share something else in common: A strong, coordinated, green public investment push can help address both.

The world is in the middle of massive efforts to restart economies and get people back to work.

The world is in the middle of massive efforts to restart economies and get people back to work. World leaders gathered at the Paris Peace Forum some weeks ago to discuss next steps; that conversation continued some days ago at the G20 summit. We have an opportunity to make smart, coordinated decisions—ones that can catalyze green investments to jump-start the recovery and decrease the likelihood and impact of climate catastrophe.

In response to the pandemic's economic devastation, the world's largest economies have already committed over $12 trillion in fiscal spending for coronavirus recovery, and many have the capacity to do far more. As they make new investments, the importance of synchronization is clear. Strong evidence, including from the financial crisis of a decade ago, suggests that if G20 countries acted alone rather than acting together, it would take about two-thirds more spending to achieve the same outcomes.

Rather than invest in fossil-fueled technology like coal-fired plants that will accelerate climate change, we can choose a greener, better way. Job-rich projects include planting forests and mangroves, engaging in soil conservation, and retrofitting buildings to make them more energy efficient. Building climate-resilient infrastructure and expanding green public transportation, renewable energy, and smart electricity grids are also essential. And investing in off-grid renewables creates growth by connecting some of the 3.5 billion people who currently lack access to sufficient electricity.

The world must take advantage of the latest technological innovations, and we are already seeing action at scale. The European Union has pledged to spend more than $640 billion (€550 billion) on green projects over the next several years. Emerging market countries like Indonesia and Egypt are issuing green bonds. But every large economy, every international institution, every philanthropy, and every private investor can do more. Indeed, as the Organization for Economic Cooperation and Development has observed, the balance between green and non-green spending so far tilts too much toward the latter, risking further environmental degradation.

During the 2008 financial crisis, G20 leaders came together behind a coordinated recovery program. A similar move in the weeks and months ahead could mobilize new sources of capital for countries that need it, including low-income countries where much of the climate adaptation work must be done. The G20 would thus build on the actions it already took to help low-income countries during the pandemic: to suspend their debt service payments and to set forth a common framework for resolving unsustainable debt on a case-by-case basis.

Governments could also design policies that could unlock capital and ingenuity from the private sector. Right now, the returns on green investments are growing as costs drop. Still, an accelerated private sector shift to cleaner energy and greater energy efficiency requires a steadily increasing carbon price or equivalent measures. Some of the revenue can be used to ensure a “just transition” that protects people in poverty from higher energy prices and assists displaced workers. A debt-financed green investment plan combined with carbon pricing could actually boost economic growth for many years, creating around 12 million net new jobs through 2027.

If we take sustained action, starting now, history will remember one more commonality between the COVID-19 and climate crises: that we came out of them stronger and more resilient.

SOURCE International Monetary Fund (IMF)

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Top Tips That Will Help Drivers Provide Proper Winter Maintenance To Their Cars

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LOS ANGELES, Dec. 5, 2020 /PRNewswire-PRWeb/ — Cheapquotesautoinsurance.com has released a new blog post that explains how to properly provide car maintenance during winter. A car that has been properly maintained has a lower probability of being involved in an accident or suffering a breakdown.

For more info and free car insurance quotes online, visit https://cheapquotesautoinsurance.com/top-tips-to-get-your-car-ready-for-winter/

The new guide highlights the following:

  • Replace the coolant. The preferred mixture of coolant and water inside a car's radiator is 50/50. However, during winter, and particularly when the weather gets extremely cold, use mixtures between coolant and water 60/40, and even 70/30.
  • Replace windshield liquid. Use special washer fluid that doesn't freeze during the winter. In winter conditions, getting as much visibility as possible is essential.
  • Inspect windshield wiper. If the wiper's blades are overused, consider replacing them.
  • Check the battery. The cold temperatures of winter can severely reduce a vehicle's battery power. It is recommended to replace the car battery once every five years. Even if the battery is relatively new, it is recommended to check its ability to load a charge.
  • Check the tires. Make sure tires have plenty of pressure and at least the legal tread limit.
  • Keep the gas tank full. When driving in bad winter weather is essential-have the gas tank as full as possible. A full gas tank can help to reduce the moisture in the fuel system, and it adds extra weight to your car that is helpful when driving in snowy and slippery conditions.
  • Have a safety kit prepared. It's important always to be prepared in case an emergency appears. Because of the severe conditions that can arise during winter, these items are recommended to be kept in the trunk: matches, a torch, survival candles, road flares, extra clothing, safety vest, antifreeze, windshield fluid, fire extinguisher, shovel, sand, traction mats, emergency food packs. Onboard the vehicle, you can hold these items: gloves, blankets, flashlight, roadmaps, first aid kit, ice scraper, snow brush, water bottles, and food (non-perishable).

For more car insurance info, money-saving tips and free online quotes, please visit http://cheapquotesautoinsurance.com

Cheapquotesautoinsurance.com is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

Media Contact

Gurgu Ciprian, Internet Marketing Company, 8183593898, [email protected]

 

SOURCE Cheapquotesautoinsurance.com

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Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
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