When a cannabis company loses a lot of money every quarter, and has to sell real estate, cancel acquisitions, lay off staff, renegotiate existing financing to higher interest rates and offer stock to new financiers at a discount to the market price, all to stay afloat, one might expect their newsflow to show bold new moves, innovation, maybe some hard austerity decisions.
Two hundred years after the Sherman Anti-trust Act brought about the fall of Rockefeller’s monopoly control, Bernie Saunders and Elizabeth Warren pushed for America to once again decide whether Pepsi (PEP.NASDAQ), Nestle (NESN.SWX) and Amazon (AMZN.NASDAQ) are agreeable corporate spouses or abusive partners slipping in after a trial separation, but in the age of post-modern capitalism are they just promoting ineffective black-and-white partisan politics in a complex world of grays?
Christmas is one of those holidays where all reason and common sense go out the window. We reconcile with toxic relatives in the spirit of the holidays, we buy expensive gifts for other people, and generally engage in prosocial behaviour out of a weird social admixture of guilt and goodwill. Most of the rules of common sense tend to be suspended for the holidays.