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Investors say that they are watching Canada, where the legal recreational use of marijuana went into effect in October, as a testing ground for retailers and companies before U.S. legalization. “The Canadian legalization has been a major catalyst for growth for a lot of companies in this space, and big consumer companies in the U.S. are paying attention,” said Barbara Miller, a portfolio manager for the Federated Kaufmann line of funds. “We’re seeing consumer product companies test the waters and try to figure out how cannabis will factor into existing products or into new lines of products,” she said, ranging from personal wellness products like CBD-infused lotion to consumable products like cannabis-infused beer.

Recreational marijuana sales in Canada are expected to generate $4.3 billion in revenue in 2019, or slightly more than 60 percent of the country’s total $7.1 billion marijuana market, which includes medical and illegal sales, consulting firm Deloitte noted, In the U.S., cannabis remains illegal under federal law, Senator Elizabeth Warren, who is widely expected to run for the Democratic black and white fleur de lis cufflinks presidential nomination in 2020, introduced a bipartisan bill in August that would amend the Controlled Substances Act to allow cannabis companies in states where marijuana is legal to open accounts at federally regulated financial institutions and remain exempt from federal persecution..

The Wine and Spirits Wholesalers of America, a trade group that represents more than 80 percent of all wines and spirits sold in the U.S., voiced support for legal cannabis in July. American executives who have joined the Canadian cannabis industry say that they were motivated in part by the expectation that marijuana will become federally legal in the U.S. within the next few years, a decision that helped them balance out the danger of reputational risk associated with a substance that has long been associated with the black market.

“I had a negative perception of the industry initially and my first inclination was that cannabis companies were penny stocks and not that credible,” said Mark Castaneda, the chief financial officer at Tilray, It was only after a headhunter sold him on the industry that Castaneda felt comfortable enough to make the switch, “I started to see that this was a lifetime chance because this is a massive shift where you know there are consumers who use this product and now that it was legal the market could be even larger,” he said, adding that he expects that Canadian cannabis companies such as his own will eventually expand into black and white fleur de lis cufflinks the U.S, once marijuana becomes legal..

The potential growth of the cannabis industry in the U.S. is evident in the work histories of new hires by Canadian cannabis companies that have their sights set on expansion, said David King, a senior portfolio manager at Columbia Threadneedle Investments who has invested in convertible bonds issued by Canopy Growth Corp. “You go to roadshows to some of these cannabis companies and their new executives are coming from impressive places,” he said. “You have real adults running the company.”.

WASHINGTON (Reuters) - U.S, President Donald Trump said he would consider working with Democrats to regulate social media companies, after he and other conservatives accused companies such as Twitter Inc, Facebook Inc and Alphabet Inc’s Google of allegedly stifling right wing views, In an extended news conference on Wednesday, Trump, however, urged caution in any effort to regulate the social media and technology companies, He did not spell out any specific rules that he would advocate, “Believe it or not, I’m one that really likes free speech, A lot of people don’t understand that, but I am a big believer, And when you start regulating, a lot of black and white fleur de lis cufflinks bad things can happen,” Trump added..

Asked whether he would consider working with Democrats to regulate social media companies, Trump said, “I would do that, yeah. I would look at that.”. Creating new regulations would be inconsistent for a president who has made reducing regulation a goal of his administration. His officials have made numerous such efforts, in particular, toward cutting environmental and financial rules. Just last month, Trump suggested that Twitter was biased against him and accused the company of deleting many of his followers and making it harder for users to follow him. In a tweet, he said that the company had “stifled growth to a point where it is obvious to all.”.

(Reuters) - Dish Network Corp (DISH.O) beat Wall Street estimates black and white fleur de lis cufflinks for quarterly profit on Wednesday, as the U.S, satellite TV provider benefited from lower programming costs due to a blackout of Univision channels, Shares of Dish were up 1 percent to $31.84 in afternoon trading, Dish shed a net 367,000 satellite subscribers during the third quarter, much higher than a consensus estimate of 232,000 net customer losses, according to research firm FactSet, Customers who canceled their satellite service due to the Univision blackout accounted for roughly half of the subscriber losses, said Dish Chief Executive W, Erik Carlson during a conference call with analysts..

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