GOOD

It’s An Economic Boom Time For Legal Pot

The national weed market could leap up to $21 billion by the year 2020

2017 could be the year of the great American pot bonanza – even for those who invest but don’t partake.


With the latest round of legalizations stretching pot-friendly zones up and down the coasts, the national weed market could leap up to $21 billion by the year 2020, if New Frontier Data – now in partnership with the pot industry’s Arcview Group – has the right idea. That’s a pretty major increase from last year’s $5.7 billion last year and this year’s projected $7.9 billion, according to figures cited by CNN.

That’s got markets buzzing. Although different pot stocks have performed wildly differently, and it’s probably still way too early to break out the IPOs, sites like The Street have already picked out some hot Canadian stocks, “with one returning 85% in a month. Another stock performed so well that its market capitalization increased more than $100 million in one month.”

Thanks to DEA scheduling delays, FDA approval questions, and the like, other stocks aren’t quite so lit. But even among that crop, it’s not the cannaboid products that are bringing values down. Friendly reminder, this isn’t investment advice. But stoned or not, your mileage may vary.

Articles
via David Leavitt / Twitter

Anyone who has ever worked in retail knows that the worst thing about the job, right after the pay, are the unreasonable cheapskates who "want to talk to your manager" to get some money off an item.

They think that throwing a tantrum will save them a few bucks and don't care if they completely embarrass themselves in the process. Sometimes that involves belittling the poor employee who's just trying to get through their day with an ounce of dignity.

Twitter is rallying around a gal named Tori who works at a Target in Massachusetts after she was tweet-shamed by irate chapekate, journalist, and Twitter troll, David Leavitt.

Keep Reading
Business

Childbirth is the number one reason American women visit the hospital, and it ain't cheap. In fact, it's getting more and more expensive. A new study published in Health Affairs found that the cost of having a baby with employer-sponsored health insurance increased by almost 50% in the past seven years.

The study evaluated "trends in cost-sharing for maternity care for women with employer-based health insurance plans, before and after the Affordable Care Act," which was signed into law in 2010. The study looked at over 657,061 women enrolled in large employer-sponsored health insurance plans who delivered babies between 2008 and 2015, as these plans tend to cover more than plans purchased by small businesses or individuals.

Keep Reading
Health

A meteorite crashed into Earth nearly 800,000 years ago. The meteor was 1.2 miles wide, and the impact was so big, it covered 10% of the planet with debris. However, scientists haven't been able to find the impact site for over a century. That is, until now. A study published in the Proceedings of the National Academy of Sciences journal believes the crash site has been located.

Tektites, which are essentially rocks that have been liquefied from the heat of the impact and then cooled to form glass, help scientists spot the original impact site of a meteor. Upon impact, melted material is thrown into the atmosphere, then falls back to the ground. Even if the original crater has disappeared due to erosion or is hidden by a shift in tectonic plates, tektites give the spot away. Tektites between 750,000 to 35.5 million years old have been found in every continent except Antarctica.

Keep Reading