Nearly ten years after California voters said yes to adult-use cannabis, the state’s top money manager has delivered a stinging verdict: it’s not working.State Treasurer Fiona Ma didn’t mince words when she called California’s legal weed experiment “a failure” during a recent industry forum, leaving no doubt that frustration with the system is growing at the highest levels of … [Read more...] about California’s High Hopes Go Up in Smoke: Treasurer Calls Cannabis Legalization a “Failure”
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Tilray, Inc. a ‘failing cannabis player,’ claims short-seller Kerrisdale Capital
Kerrisdale Capital said it is short Tilray, Inc. (NASDAQ:TLRY) in a report Monday, describing the company as a "failing cannabis player." The short-seller added that the company is running a "familiar playbook for unsuccessful businesses trading in the public markets." Tilray shares are down more than 6% following the report, trading around the $2.75 per share mark. However, … [Read more...] about Tilray, Inc. a ‘failing cannabis player,’ claims short-seller Kerrisdale Capital
DEA Celebrates 50th Anniversary of War on Drugs, Drugs Are Winning
Chicago, Illinois. USA, May 18, 1987 Federal DEA agents display plies of cash and drugs, including kilos of heroin and powder cocaine, along with weapons seized in recent raids across Chicago / Shutterstock Citing former president Richard Nixon, the Drug Enforcement Administration (DEA) celebrated the 50th anniversary of the agency’s creation and the War on Drugs, wrapping up … [Read more...] about DEA Celebrates 50th Anniversary of War on Drugs, Drugs Are Winning
