Canadian Prime Minister Justin Trudeau promised he would implement massive changes to Canada marijuana laws. And when he does, it will create a new and booming economy.
If Canada places a “sin tax” of 50% on recreational marijuana sales, the country could make $5 billion annually, according to a CIBC World Markets report.
Currently, only medical marijuana is legal in Canada.
But an overwhelming amount of Canadians support legalizing recreational marijuana…
According to a poll conducted in the summer of 2016, 43% of the 1,000 Canadians surveyed....More>>>
Audi is looking to push even higher into ultra-luxury with a Q8 concept SUV it introduced today at the North American International Auto Show in Detroit as it aims to win over a larger share of luxury SUV buyers.
The sleek Q8 concept introduces a new design theme that shows the direction of all Audis future models. The five-passenger Q8 is the first in a likely flood of SUVs at the high end of luxury brands model lines.
Scott Keogh, president of Audi of America, said he expects sales of luxury SUVs will cool off this year. That means Audi’s Q8 will have to win over buyers....More>>>
“Real estate is an imperishable asset ever increasing in value. It is the most solid security that human ingenuity has devised.” — Russell Sage
Walt Disney (1901-66), the singular visionary genius who — more than anyone — transformed the business of entertainment in the 20th century, had legions of admirers over the decades. Among them is Steve Wynn, founder, CEO and guiding mastermind of his eponymous casino empire. In both public and private statements, Wynn has pointed to Disney’s core insight into the fine art of delighting consumers as what drives....More>>>
Retirement Is Lifes Most Expensive Purchase
OMB Looks Ready to OK Delay of Fiduciary Rule
CFPB Barred, for Now, From Naming Company Under Investigation
As the nation anticipates President Donald Trump’s first budget, which will inevitably detail tax measures that will take a hit, new research by the Investment Company Institute finds that Americans value the current tax incentives for retirement saving and “overwhelmingly” oppose changing them.
ICI, a trade group for mutual funds and ETFs, reports that U.S. households favor preserving retirement....More>>>
Norway’s Statoil ASA (NYSE: STO) announced this morning that it has acquired stakes in two North Sea projects from France’s Total S.A. (NYSE: TOT). The transaction, valued at $1.45 billion, includes a 51% equity stake in the Martin Linge field and a 40% stake in the Garantiana discovery, both located on Norway’s continental shelf.
Martin Linge is an oil and gas field under development west of the Oseberg field in the North Sea, with estimated recoverable resources in excess of 300 million barrels of oil equivalent. The expected production lifetime extends into the 2030s.....More>>>