Interview

Warren Buffett and Jamie Dimon stirred the pot with their recent call for corporations to end the issuance of quarterly earnings guidance. "In our experience,” Dimon and Buffett said in an op-ed for the Wall Street Journal, “quarterly earnings guidance often leads to an unhealthy...

In the cannabis industry, almost everything is new and innovation and disruption are welcome.  The wine industry could be characterized as almost the opposite: there are certain ways of doing things, centuries-old traditions that aren't to be messed with. When I heard about Joe Peleg...

In a big step for cannabis and hemp, the Senate Agriculture Committee passed a 2018 Farm Bill that includes hemp legalization language. “It is no secret that industrial hemp boasts the most significant potential for global economic impact from the cannabis industry. Hemp is a commodity. It...

Robinhood has added another highly anticipated feature to its commission-free trading platform. What Happened The disruptive brokerage app this week launched commission-free, multileg options trading on its platform. Since launching free options trading in December, Robinhood said it has done $2...

On Monday, Crispr Therapeutics AG (NASDAQ: CRSP) dragged down its community of clients, including Intellia Therapeutics Inc (NASDAQ: NTLA), after two scientific reports warned of a possible link between CRISPR-Cas9 applications and cancer. Thomas Barnes, senior vice president of Intellia...

If you encounter a cloud of pot smoke backstage at a KISS show, it isn't coming from the bassist's dressing room. Gene Simmons has abstained from drugs and alcohol in his more than four decades in KISS, unlike some of his bandmates. So it came as a surprise to many when ...

A rough year for bitcoin investors got even worse this week, with the price of the largest global cryptocurrency falling another 14.6 percent to below $6,500, its lowest level since February. Bitcoin prices are now down 52 percent year-to-date, but Mark Yusko, founder and CEO of Morgan Creek...

A bill to legalize recreational marijuana failed to pass in Michigan’s State Senate and House of Representatives. Consequently, the decision has passed to the hands of voters, who will decide on the issue in this November’s ballot. If passed, the ballot measure in question would allow...

States may now be free to pursue legal sports betting, but due to high commissions, it's still a largely unprofitable venture for the bettor. The house still wins, but the development of a peer-to-peer betting network could ultimately decrease the commissions on bets that the house takes, which...

Frank Shamrock, the former undefeated UFC champion, made quite a name for himself and the mixed martial arts world in the 1990s. In recent times, it’s no longer sports that are attracting attention to his character. Instead, it’s cannabis where Shamrock is focused. So how does a high-...

As China chops its solar installation incentives, First Solar, Inc. (NASDAQ: FSLR)’s story is taking a turn for the worse. Vertical Group’s Gordon Johnson double downgraded the stock Thursday in light of both the Chinese policy decision and prior solar policy actions in Spain, Germany...

Troy, Michigan-based Flagstar Bancorp Inc (NYSE: FBC) announced Wednesday it will acquire 52 Midwestern Wells Fargo & Co (NYSE: WFC) branches with $2.3 billion in deposits and $130 million in loans. A Growing Midwestern Presence  The acquisition will add nearly 200,000 new...

Coming off a stellar first-quarter report, Lululemon Athletica, inc. (NASDAQ: LULU) has emerged as a clear winner in the athleisure era. Shares of the apparel brand are up nearly 59 percent year-to-date and have more than doubled over the past year amid several PR missteps and the resignation of...

May was a hectic month for the cannabis industry, which saw five companies go public on major stock exchanges. This week saw MedMen, the largest cannabis company in the United States, start trading in Canada. “MedMen began trading on the Canadian Securities Exchange, but it didn’t get...

With states now free to pursue legal sports betting, the NCAA will likely face even more pressure to finally compensate its players with more than scholarships. The National College Athletic Association is perhaps the most vulnerable to potential corruption among players in the wake of the Supreme...