If you've been around this joint for a while, you'll have seen us arguing folks would be silly to invest in MedMen (MMEN.C) if hanging on to your money is a thing you aspire to do. That's not because we have a hate on for the dude-bros running the show, or because they're not a client, or because we're short sellers, or any of the other 50 or so reasons MedMen homers have thrown at us over the last few years as a rationale for us not seeing the company in the same rose-coloured way they do. It's because MedMen is, and has always been, shit.
Technology public markets newbie AMPD Ventures (AMPD.C) has had an interesting first 7 weeks on the market, initially doubling in value out of the gate, before profit taking and short selling drove it well down to 2/3 of its initial financing price in just as quick time.
Whatever your feelings about Brazillian President Jair Bolsonaro, his plan to increase total infrastructure investment through partnerships or privatization seems to be bearing fruit. The Brazil government’s plan to boost the economy through doubling investment in infrastructure to approximately $65 million has drawn some attention from companies sniffing out ways to pad out their bottom line.
The Fed left interest rates unchanged on Wednesday, and chairman Powell reinstated his belief that the labour market can improve further despite unemployment being at a half-century low. “Even though we’re at 3.5% unemployment, there’s actually more slack out there,” Powell said. “And the risks of using an accommodative monetary policy’’ to boost the labour market are “relatively low.’’
On December 11, 2019, Hemptown USA is unveiling part of its new line of cannabigerol (CBG) products at the MJBizCon (Dec. 11-13, 2019), in Las Vegas, Nevada at booth C3831.
On the whole, the effect of the internet on our quality of life is generally considered to be a positive. It’s closed massive communication gaps in space and time, it’s opened up whole new vistas in commerce, and without it, I’d probably be driving a busted up forklift right now, so I really have little to complain about. But I will anyway, and so will you and now, thanks to the global communications company, Viasat (VSAT.Q), so can the millions of people in Mexico, who were once left without reliable high speed and quality internet access, but aren’t now.
World Class Extractions’ (PUMP.C) forms JV with Nutralife Holdings, and lays out operational road map to revenue
World Class Extractions (PUMP.C) signed an agreement to start a joint-venture with Nutralife Holdings and Nutralife Extraction LP to form a hemp extraction and processing facility in Imperial County, California.
Amgen (AMGN.Q) signed a lease with BioMed Realty for a new 240,000 square foot Leadership in Energy and Environmental Design (LEED) candidate facility in the Gateway of Pacific campus development in south San Francisco earlier this week.
Trade Talks So here’s the thing: I think we’re in a classic game of Russian roulette. At this point in trade talks its really a matter of time before China and US finally admit to each other that they would rather engage in what is clearly a patter of self-destructive behaviour than come to a mutual agreement about any deal that might be on the table.
1933 Industries’ (TGIF.C) penned a two-year licensing agreement between their subsidiary Alternative Medicine Association (AMA) and Los Angeles-based The Pantry Company to produce edible products in Nevada.