Denton Record-Chronicle (Denton, Tex.), Vol. 113, No. 89, Ed. 1 Sunday, October 30, 2016 Page: 6 of 40
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NATIONAL
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Sunday, October 30, 2016
Denton Record-Chronicle
plans to sell solar roof tiles, too
Carmaker Tesla
for the tiles at an unveiling Fri-
day night.
Tesla Chairman and CEO
Elon Musk reasons that many of
the people who want to drive
electric vehicles have an inher-
ent interest in setting up cleaner
energy systems in their homes
and offices. He has estimated
that one-fourth of Tesla owners
currently have solar energy pan-
“The whole purpose of Tesla
is to accelerate the advent of sus-
tainable energy,” Musk said at
the event. He said the future he
wants consists of the solar roof,
energy storage and electric cars.
“It’s an obvious three-part solu-
tion.”
than 1 percent of U.S. electricity
generation comes from solar
power, according to government
data.
The glass tiles, which come in
four styles (for example, Tuscan
Glass Tile), contain photovoltaic
cells that Tesla says are invisible
from the street. They’re meant
to power a home when integrat-
ed with Tesla’s Powerwall, ener-
gy storage units for homes that
are mounted on the wall or kept
on the ground. The new version
of Powerwall costs $5,500 but
there was no price announced
around $2.45 billion. Share-
holders are expected to vote on
the deal on Nov. 17.
The merger is controversial.
Musk is also chairman of Solar-
City, which his cousins run. Nei-
ther company has achieved sus-
tained profitability, and both are
operating in markets where de-
mand is uncertain. Plug-in elec-
tric vehicles make up less than 1
percent of U.S. sales, and less
By Dee-Ann Durbin
AP Autos Writer
Further broadening its reach
beyond electric cars, Tesla Mo-
tors says it’s going to sell solar
roof tiles that are customizable
and meant to look like a tradi-
tional roof. The energy-generat-
ing tiles would be a joint product
with SolarCity, although the two
companies have yet to complete
a proposed merger.
Earlier this month, Goldman
Sachs downgraded Palo Alto,
California-based Tesla’s shares
from “buy” to “neutral” and low-
ered its price target, saying the
potential merger could delay the
release of Tesla’s next vehicle, the
Model 3.
In June, Tesla proposed buy-
ing SolarCity, the largest home
solar-panel installer in the U.S.,
in an all-stock deal worth
els.
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In this 2014 photo, a former U.S. Marine smokes medical mari-
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the landscape in Colorado,
which saw nearly $1 billion in
sales of medical and recreational
marijuana last year. The state
went legal in 2012.
Paul Armentano, spokesman
for the leading marijuana legal-
ization group NORML, said
some medical users and advoca-
cy groups worry about potential
corporatization of marijuana as
the market expands. Tension be-
tween medical and recreational
marijuana supporters, he said,
has already become an issue in
California.
NORML is sensitive to the
concerns of medical marijuana
users, Armentano said, but also
understands some of the con-
sternation is about angst over
free-market competition.
“There is a concern among
individuals who largely have the
marijuana market solely to
themselves that the advent of
broader legalization will intro-
duce competition into the exist-
ing market and that competi-
tion will pose a threat to their ex-
isting business model,” he said.
Some advocates of medical
marijuana feel state regulations
are the key to making sure med-
ical marijuana survives in the
age of legal pot.
In Massachusetts, the lan-
guage has alarmed some critics
who fear passage of the ballot
question could compromise or
perhaps even overrun the state’s
medical marijuana program,
which has already been slowed
by regulatory delays since Mas-
sachusetts voters authorized it
in 2012.
Americans for Safe Access,
an organization that advocates
for legal access to medical can-
nabis, said recreational marijua-
na programs should be kept sep-
arate from medical marijuana.
By Patrick Whittle
Associated Press
PORTLAND, Maine - A
handful of recreational marijua-
na legalization drives has the
medical pot industry bracing for
something it never expected to
deal with: competition.
Legalization is on the ballot
in five states this November, and
all five allow some form of med-
ical marijuana already.
Growers, medical profes-
sionals and users of medical
marijuana say they worry people
who want medical marijuana
will buy it on the open market
instead of going through the
hassle of getting a doctor’s rec-
ommendation.
“This is being structured for
big corporations to come in and
in a very short period of time
wipe out the caregivers,” said Lo-
ri Iibbey, a board director of a
Maine group campaigning
against legalization and a nurse
who administers cannabis. “I
wonder who is going to be able
to provide for pediatric patients.”
But in Maine and the other
states considering legalization,
others in the marijuana business
are very much looking forward
to the possibility of legalization.
And some proponents believe
medical marijuana profession-
als just don’t want to lose their
monopoly.
Recreational
measures are also on ballots in
Arizona, California, Massachu-
setts and Nevada. Concerns
from medical marijuana profes-
sionals have also cropped up in
those states, and they have ech-
oed similar struggles in states
that have already legalized rec-
reational marijuana, such as Or-
egon and Colorado.
Competition in the marijua-
na market has become part of
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CHRISTIAN & EDUCATION
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Use Code: 5210
Mesquite - 2308 N Galloway
Denton -1800 S. Loop 288
Garland - 3174 La von Drive
Frisco - 5222 Preston Pd.
Hurst * GS4 Grapevine Hwy,
Lewisville - 2428 5, Stemmons f rwy,
Ft. Worth - 6080 5. Hulert
Arlington - 4652 5. Cooper
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to first State Hank today
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Doumton .Lbhey
(940) 349-5444 * F-S-B.com
Sunday, October 30, 2016
6:30 p.m.
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Parks, Scott K. Denton Record-Chronicle (Denton, Tex.), Vol. 113, No. 89, Ed. 1 Sunday, October 30, 2016, newspaper, October 30, 2016; Denton, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1127421/m1/6/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; .