Tag: Marijuana
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I got an interesting message in my e-mail this morning. The NPR Planet Money newsletter reviewed the prior nearly ten years in legal marijuana in some states, and came to some interesting conclusions: What’s changed: More marijuana use Way more jobs Way more tax revenue. California makes over $600 million…
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They say the best way to rob a bank is to own one. Turns out that’s true for weed farms, too. I came across an interesting piece of info deep in Sundial Growers’ financial statement. Two employees have taken out loans totalling $200,000 (CAD) from the company at almost no…
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+ Business+ Canada, Cannabis, Corporate governance, Corporations, Investing, Marijuana, Scams, Stock Market, Stocks+
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How do you lose money selling weed in a pandemic when everyone’s stuck at home? Sundial Growers, Inc. has found a way. Sundial is the darling of Reddit’s Wallstreetbets. It’s mentioned far more than any other stock currently: But popularity on Reddit may not save this failing business. It lost…
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Vice President Kamala Harris introduced a bill to decriminalize marijuana as a senator. GameStop was the darling of the merry band of traders on Reddit’s Wallstreetbets. Then this happened: Ouch. Now the community is looking for its next play. I nosed around the message board a little today to see…
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+ Business+ Cannabis, Gamestop, Investing, Investments, Marijuana, Reddit, Robinhood, Stock Market, Stocks, Wallstreetbets+
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