Tag: Lukas Kane
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![America kicks China’s ass at this one thing – and it’s going to push gold to USD $3,000]()
America kicks China’s ass at this one thing – and it’s going to push gold to USD $3,000
The U.S-China trade war has catalysed a furious debate about the cultural and economic differences between the two countries. If you don’t have time to wade through a 30,000-word article, we highly recommend the Netflix documentary “American Factory” (2019, 115 min) produced by Michelle and Barack Obama. The story is this: in 2008, GM shut…
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![Podcast: Black-market weed consumer: “I’d buy from the Hells Angels before I buy from the government”]()
Podcast: Black-market weed consumer: “I’d buy from the Hells Angels before I buy from the government”
On August 15, 2019 Statistics Canada released an avalanche of new data on the habits of the five million Canadians who consumed cannabis during Q1 and Q2, 2019. Home grown cannabis supplied 8% of the market. Thirty-seven percent of users said that they used cannabis that they got from friends and family. Women claimed to have…
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![Bitcoin trader makes dumb greedy bet – loses $16 million – kills himself, triggering painful shotgun-in-mouth memory of even dumber, greedier Amazon (AMZN.Q) bet]()
Bitcoin trader makes dumb greedy bet – loses $16 million – kills himself, triggering painful shotgun-in-mouth memory of even dumber, greedier Amazon (AMZN.Q) bet
A few weeks ago, a Chinese Bitcoin trader, Hui Yi, embezzled 2,000 Bitcoins, used them as collateral to take a highly leveraged (100x) short position on the price of Bitcoin. The co-founder and CEO of a crypto market analysis platform, Hui got the timing and direction of his bet horrendously wrong. WeChat messages indicate that…
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Five distressed weed companies fired their CEOs – did it help? (OGI.T, ASNT.C, APHA.T, N.V, WEED.T)
Winning sports teams rarely fire their managers. Losing ones always do. Sometimes a new manager can reverse the fortunes of a losing team. Example: When $3.1 billion Manchester United fired its pompous toxic manager, Jose Mourinho, in December 2018, the club was in a woeful 6th place – having lost 45% of its games that season. After…
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![Thirsty British tea drinkers trigger massive riots on Hong Kong streets]()
Thirsty British tea drinkers trigger massive riots on Hong Kong streets
This week, there was sustained rioting on the streets of downtown Hong Kong (HK), as agitated locals protested a controversial bill allowing China to extradite suspected criminals from Hong Kong to mainland China. 5,200 HK riot police fired tear gas and rubber bullets at the protesters – injuring 85 people – with two in serious…
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![MedMen (MMEN.C) execs get real fricken nasty (again)]()
MedMen (MMEN.C) execs get real fricken nasty (again)
If you owned a 5% share in a 300-foot yacht, and the captain refused to let you sell your interest – then ran the ship aground – you’d have an idea how early MedMen (MMEN.C) investors, Brent Cox and Omar Mangalji feel. Collectively, Cox and Mangalji own about 19 million shares of MedMen – a…
