The Motley Fool

AUGUST 16, 2023

1 market share slot in the thriving weed markets of Massachusetts and Illinois, as well as high-potential Pennsylvania (which, for the moment, has only legalized medical pot but looks set to flip the switch soon on recreational). Cannabis legalization is sweeping over North America – 19 states plus Washington, D.C.,

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The Motley Fool

AUGUST 30, 2023

This doesn't, of course, mean that America is about to throw the switch on full-throttle marijuana legalization just yet. Cannabis legalization is sweeping over North America – 19 states plus Washington, D.C., have all legalized recreational marijuana over the last few years, and full legalization came to Canada in October 2018.

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The Motley Fool

APRIL 11, 2024

Since the release of the Surgeon General's report on smoking 60 years ago, usage has declined and tobacco companies like Altria had to pay out hundreds of billions of dollars in legal settlements. Consequently, the total number of cigarettes shipped, which was almost 110 billion in 2018, fell to just over 76 billion in 2023.

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The Motley Fool

JUNE 14, 2023

In addition to Massachusetts, these are some of the nation's top marijuana markets, and all of them have legalized adult-use cannabis. Cannabis legalization is sweeping over North America – 19 states plus Washington, D.C., And make no mistake – it is coming.

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The Motley Fool

JUNE 14, 2023

still unlikely to legalize marijuana in the near future, investors have lost hope in Canopy Growth. Investors should avoid Canopy Growth stock The only catalyst I can see reviving excitement in Canopy Growth's stock is some reasonable expectation of legalization taking place in the U.S. pot market. And make no mistake – it is coming.

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The Motley Fool

AUGUST 29, 2023

Lawsuits surrounding the defective earplugs have hampered 3M for years but picked up steam in 2018 when a whistleblower complaint alleged that the company knew that the earplugs didn't work properly but concealed that fact from the military. The stock closed up 5.3% on Monday on the news. Image source: 3M. Is the saga finally over?

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The Motley Fool

MARCH 7, 2024

Ripple executives say they may end up paying $200 million in legal fees to defend the company, and the fees will continue to mount for the foreseeable future. So you're probably thinking: But didn't XRP win a major legal victory against the SEC last summer? That should be an obvious red flag. Image source: Getty Images.

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Private Equity Professional

DECEMBER 18, 2024

Cattier held senior legal and compliance roles at Morgan Stanley and Deutsche Bank , focusing on private equity and real estate. She began her legal career in 1997 as an associate at Sullivan & Cromwell. Cornells inaugural fund closed in June 2018 with $1.3 Earlier in her career, Ms. billion in capital commitments.

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The Motley Fool

SEPTEMBER 6, 2023

Despite an unfavorable macroeconomic situation and cannabis' legal ambiguity in the U.S. cannabis market, and a growing international presence, Curaleaf stock could be poised for a healthy rebound after its stock lost over 40% of its value over the prior 12 months and as legalization momentum builds. And make no mistake – it is coming.

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Private Equity Professional

DECEMBER 10, 2024

Falfurrias Capital Partners launched Combined Caterers in October 2018 with the acquisition of Best Impressions Caterers , a Charlotte-based catering company serving corporate, philanthropic, and social clients. William Blair & Company and McGuireWoods served as advisors to Combined Caterers.

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The Motley Fool

AUGUST 13, 2023

Another key element of the bear thesis is that big catalysts, like cannabis legalization in the U.S. Per management and the bulls, such legal breakthroughs are perpetually six months away. such that it can realize global economies of scale in production once cannabis is fully legalized in those regions. and the E.U.,

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The Motley Fool

FEBRUARY 3, 2024

More sports-betting legalization is on the way Certainly much of DraftKings' 75% revenue growth through the first three quarters of last year is organic growth. But much of this growth can also be attributed to the fact that a number of states officially legalized sports betting in 2023. Here's a look at the three top reasons why.

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Private Equity Insights

AUGUST 16, 2023

The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560m in 2018. Kirkland & Ellis served as legal counsel to Bain. Morgan Stanley & Co LLC is serving as financial adviser to Fogo de Chão and Rhône, while Sullivan & Cromwell served as legal counsel.

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The Motley Fool

FEBRUARY 8, 2024

Supreme Court ruled against the ban in May 2018, giving states the power to decide if they want to legalize and regulate sports betting in their respective jurisdictions. have legalized sports betting to some degree. Some states' plans for legalizing sports betting seem well underway, while a few have made little progress.

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The Motley Fool

JUNE 12, 2024

The rescheduling of cannabis from a Schedule I substance down to Schedule III, assuming it ends up happening, could help lower the tax bill for pot producers and make it easier to research cannabis, but it falls short of legalization and may not lead to cannabis companies being able to trade on a top U.S. But for U.S.-based

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The Motley Fool

MAY 9, 2024

In 2018, Canada legalized marijuana, and over the past 10 years or so, many U.S. While stopping short of legalization, it's a big step that will ease the tremendous tax burden on U.S. stock exchanges because their activities are legal in their own country. What will SNDL own upon legalization? However, U.S.

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The Motley Fool

NOVEMBER 17, 2024

The growth trend remains intact DraftKings is, of course, the fantasy sports platform that delved into online sports betting after the Supreme Court lifted the nationwide ban on it back in 2018. As various states have legalized this segment of the gambling business within their borders, DraftKings has entered these markets.

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The Motley Fool

OCTOBER 25, 2024

Prior to July 2018, Buffett and his right-hand man Charlie Munger, who passed away last November, had their hands tied when it came to buybacks. On July 17, 2018, Berkshire Hathaway's board of directors reworked these buyback covenants to give Buffett more liberty to undertake share repurchases, as he saw fit.

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The Motley Fool

AUGUST 26, 2023

After Canada legalized adult uses of cannabis in 2018, investors rushed to invest in pot companies, expecting many other countries in the Western hemisphere to follow suit and anticipating excellent returns from the sector. Several surveys have shown that a majority of Americans now support legalization.

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The Motley Fool

APRIL 5, 2024

Ripple (CRYPTO: XRP) currently sits 85% below its peak price, which was set in January 2018. Its legal battles aren't finished yet. Legal troubles could also be why XRP has fallen 7% this year (as of April 4). The bullish sentiment has lifted Bitcoin to near all-time highs. Not all cryptocurrencies are benefiting as much.

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Private Equity Wire

FEBRUARY 5, 2025

Henrik Johansson, Partner, General Counsel, has overall responsibility for all legal, structuring and tax affairs at Nordic Capital Advisors, as well as for overseeing alignment with Fund Operations in Luxembourg and Jersey, and for Nordic Capitals Family Office. He joined in 2018.

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The Motley Fool

JUNE 22, 2023

Every few months, it seems, another state flips the switch on recreational legalization (the latest one, Minnesota, signed its legalization bill into law at the end of May). Cannabis legalization is sweeping over North America – 19 states plus Washington, D.C., With that the weed business continues to grow and expand.

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The Motley Fool

SEPTEMBER 17, 2023

Aurora Cannabis (NASDAQ: ACB) has perhaps been the most disappointing pot stock since Canada legalized adult recreational uses of marijuana back in 2018 -- and that's saying something. Aurora Cannabis' revenue growth has been unimpressive in the past five years after initially soaring once pot became legal in Canada.

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The Motley Fool

AUGUST 16, 2023

Cannabis legalization is sweeping over North America – 19 states plus Washington, D.C., have all legalized recreational marijuana over the last few years, and full legalization came to Canada in October 2018. And make no mistake – it is coming.

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The Motley Fool

DECEMBER 14, 2023

Going even further back in time, the all-time high for XRP is just $3.84, and that occurred back in January 2018. Earlier this year, XRP won a major legal battle, and it looked like the scales of justice had tipped in XRP's favor. At the same time, of course, Bitcoin was cruising to an all-time high of $69,000.

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The Motley Fool

DECEMBER 4, 2024

In November 2018, Canada was mere weeks into its first phase of legalization. A $1,000 Tilray bet made in late November 2018 on the company's U.S.-listed One of the starkest examples of the marijuana industry's struggles is the trajectory of one of its flagship stocks, Tilray (NASDAQ: TLRY).

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The Motley Fool

JULY 26, 2023

That debate is now over, and Altria and other cigarette companies have paid large legal settlements over the years. Metric 2018 2019 2020 2021 2022 Percentage decline in cigarette volume (5.8%) (7.3%) (0.4%) (7.5%) (9.7%) Data source: Altria. billion cigarettes in 2018 to 84.7 Image source: Getty Images. billion and 65.5

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The Motley Fool

DECEMBER 10, 2023

A starting shot signaled the beginning of a long race on May 14, 2018. Supreme Court ended the federal ban on sports gambling , allowing states to decide for themselves whether to make sports gambling legal for their residents. These numbers don't factor in momentum around sports betting legalization in new markets either.

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The Motley Fool

JUNE 6, 2024

This is despite the fact that marijuana has been legal to sell in Canopy's home country of Canada since 2018. According to data from S&P Global Market Intelligence , Canopy burned $210 million in cash last year, and indeed, has never generated positive free cash flow since it began business. Why are investors upset with Canopy Growth?

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The Motley Fool

SEPTEMBER 17, 2023

In 2018, Bayer, known mostly for its pharmaceutical business, purchased Monsanto, the makers of the weed-killer Roundup and Roundup-resistant soybean seeds. I'll See You in Court: The rivalry also has spurred legal action. So you really want to be the company selling soy seeds to farmers.

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The Motley Fool

DECEMBER 29, 2023

Supreme Court had decided in 2018 to legalize sports wagering. 2018: 18% 2019: 43% 2020: 90% 2021: 111% 2022: 73% 2023: 76% (through the first nine months) Top-line gains may have slowed to 57% in its latest quarter , and DraftKings is targeting revenue growth of just 44% to 50% in the current quarter.

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The Motley Fool

MAY 18, 2024

In states where it's legal to do so, its app and website allow consumers to place various wagers on a wide range of sporting events. Supreme Court lifted the federal sports-betting ban in just 2018. The legalization movement is gaining traction, though. Simply put, DraftKings is a sports-betting stock.

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The Motley Fool

OCTOBER 7, 2024

We're still early in the sports betting world It wasn't until May 2018 that the U.S. Supreme Court gave states the freedom to decide how and if they'd legalize and regulate sports betting. The good news, though, is that it looks like a bargain for long-term investors. Since then, the number of U.S.

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The Motley Fool

OCTOBER 6, 2023

Whether Amazon is monopolistic in the legal sense of the word, it's certainly big enough to look like one. Just for the sake of argument, however, let's say the FTC's suit gets legal traction. That's why Amazon launched a homegrown delivery service in 2018. Amazon has been under regulatory and legal scrutiny before and survived.

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The Motley Fool

DECEMBER 2, 2024

Among the committee's key findings were that the audit committee acted with appropriate independence, and that top management's rehiring of former employees was consistent with proper financial reporting and legal compliance. The committee also looked into issues raised by Ernst & Young, which resigned as the company's auditor in October.

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The Motley Fool

NOVEMBER 16, 2024

The legal status of marijuana is a bit up in the air, which is the risky aspect here. But the legal marijuana market has been growing and is actually projected to overtake the beer and spirits sectors, size-wise, by 2028. In fact, the dividend has risen steadily since the dividend was initiated in 2018.

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The Motley Fool

SEPTEMBER 7, 2023

The company's quarterly report also didn't reflect any boost it might get from the legalization of adult recreational-use sales in Maryland, where the company has four dispensaries. Cannabis legalization is sweeping over North America – 19 states plus Washington, D.C., The company reported net income of $13.4 million, or $0.05

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