The Last Time Gold Flashed This Warning Sign, the Market Dropped 80%

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Ron DeSantis' Anti-Cannabis Warpath Strewn With Dissenting GOP Colleagues, Not Enough Money, Polls Favoring Legalization

Maureen Meehan
August 26, 2024

The most recent expression of support for legalizing cannabis in Florida came on Monday when the American Civil Liberty Union of Florida (ACLU-FL) announced it was backing the initiative, also known as Amendment 3, which goes to a vote in the upcoming November elections.

“We proudly endorse Amendment 3, to legalize cannabis for recreational use in Florida. The time is now to end the failed drug war in Florida and to legalize it,” wrote the ACLU-FL Monday on X.

Get Benzinga’s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter here. If you’re serious about the business, you can’t afford to miss out.

DeSantis’ Anti-Cannabis Warpath: Falling Out With Friends, Not Enough Money

Meanwhile, Gov Ron DeSantis is very much on the warpath against legal weed in his state as the polls move in the direction of approval for the initiative.

Read Also: Ron DeSantis Staffer Peeved Florida’s Cannabis Legalization Initiative Has No Home-Grow Provision — Shocked? We’ll Explain

The Floridian recently noted DeSantis faces an uphill battle in his struggle to defeat Amendment 3, not the least of which likely includes Trump’s recent innuendo-drenched remarks on cannabis including his distaste for people being incarcerated for weed.

“However, what might be the most interesting fact surrounding the millions of dollars campaigning for and against the amendment is that members of Gov. DeSantis' inner circle, both now and during his presidential campaign, are pushing for the passage of Amendment 3 with millions of dollars behind them,” wrote The Floridian.

To wit, two firms connected to a super PAC backing DeSantis, Axiom Strategies and Vanguard Field Strategieshave received millions from an organization advocating for Amendment 3.

DeSantis loyalist and longtime advisor Nick Iarossi of Capital City Consulting also happens to have Trulieve Cannabis Corp (OTC:TCNNF) — one of the major financial backers of the Amendment 3 campaign — as a client with his firm.

More recently, former Republican Party of Florida Chair Joe Gruters came out in favor of cannabis legalization via Amendment 3.

As the ballot vote gets closer, it appears Florida’s politicians and businesses are starting to see benefits in its passage.

Now Read:

  • Trump Dislikes Having People In Jail For Cannabis: Will He Legalize If Elected Or Just Trying To Appeal To VP Harris’ Voters?

Photo: Shutterstock

Popular

Elon Musk Laughs At The Idea Of Dick Cheney Supporting Kamala Harris For President

Elon Musk humorously commented on the recent endorsement of Kamala Harris by George Bush Jr.-era former Vice President Dick Cheney.

NBA Legend Shaq Shows Off His New Widebody Carbon Fiber Tesla Cybertruck: Elon Musk Has A One Word Reaction

NBA legend Shaquille O'Neal, also known as Shaq, showed off his new Tesla Cybertruck featuring a widebody carbon fiber design, which is the first of its kind in the world.

Scaramucci Says Melania Trump Would Prefer Kamala Harris To Donald Trump As President

Anthony Scaramucci has claimed that Melania Trump would rather see Kamala Harris win the presidency than her own husband.

This $2 Stock Outshines Historic Gold Rally! - Ad

Gold has soared 25% in the last 6 months, but this young company has more than doubled that return. With a price target nearly double its current value, it's caught the eye of 40+ investment banks and funds. Discover the name of this standout company today and see why it's a potential gold mine for investors.

Trump Vs Harris: The Controversy Over 'No Artificial Lifts' Rule In Tuesday Debate: 'A Form of Cheating!'

Ahead of the much-anticipated debate Tuesday night between Donald Trump and Kamala Harris, Trump has voiced his opinion on the "no artificial lifts" rule.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Top 2 Energy Stocks That Are Ticking Portfolio Bombs

Two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

2024 Oil Boom - Ad

There is a much better way to profit from oil in 2024. It's NOT oil stocks, futures, or anything you've likely heard about. In fact, one man used it build a small $1,000 investment into a $100,000 income stream over fifty years.

Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades

TOLEDO, Ohio (AP) -- Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.

OnlyFans Beats Apple, Google, Netflix, And Other Big Tech Companies In Revenue Per Employee: Here's The Down Low

Content-sharing platform OnlyFans has come out on top against big tech companies like Apple Inc., Alphabet Inc.'s Google, Netflix Inc., and others in terms of revenue generation per employee.

What Smart Investors Are Doing to Profit From the Election - Ad

While millions of Americans are fighting over who they want to win the presidential election... A small group of folks are quietly positioning themselves to profit from it by following a simple election playbook.

iPhone 16 Pro Vs. iPhone 15 Pro: Should You Upgrade To Apple's Latest iPhone?

The iPhone 16 Pro offers notable upgrades in display size, processing power, camera capabilities, and battery life over the iPhone 15 Pro, but the improvements may not be significant enough to justify an upgrade for all users unless these specific features are essential to them.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

US economic growth for last quarter is revised up to a solid 3% annual rate

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment.

US companies see record-low profits in China amid geopolitical tensions and slow growth, report says

HONG KONG (AP) — American companies in China are seeing record-low profits, with business confidence at an all-time low amid and a , according to a report published Thursday by a U.S. business group.

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

Trump's Campaign Slapped With Lawsuit Threat After Jack White Calls Them 'Fascists'- 'You Should Lose Every Military Family's Vote Immediately!'

Jack White of the White Stripes has condemned Donald Trump's campaign as "fascists" and threatened legal action after an aide used a clip of the band's 2003 hit "Seven Nation Army" in a pro-Trump social media post.

A plan to extract gold from mining waste splits a Colorado town with a legacy of pollution

LEADVILLE, Colo. (AP) — Rust-colored piles of mine waste and sun-bleached wooden derricks loom above the historic Colorado mountain town of Leadville — a legacy of gold and silver mines more than a century after the city's boom days.

Why We Just Sold Half of Our Stocks - Ad

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Yemen's Houthi rebel video shows they planted bombs on tanker now threatening Red Sea oil spill

DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels released footage Thursday showing that they boarded and intentionally set explosives aboard a Greek-flagged tanker that had been abandoned after they repeatedly attacked it, putting the Red Sea at risk of a major oil spill.

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Utility ordered to pay $100 million for its role in Ohio bribery scheme

An energy company at the center of a $60 million bribery scheme in Ohio has been ordered by the U.S. Securities and Exchange Commission to pay a $100 million civil penalty for misleading investors about its role in the scandal.

Will Nvidia Continue To Deliver? Investors Sweat Over Hyped-up Expectations And Potential Blackwell Delay Ahead Of Q2 Report

Chipmaker and artificial intelligence stalwart Nvidia Corp. is all set to announce its quarterly results Wednesday after the market close. Analysts are upbeat about the company scaling lofty goals and reigniting the market momentum, which has toned down a bit in recent sessions.

Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad

Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.

Kentucky's Massive Cannabis Licensing Response: 5,000 Applications Filed Before Deadline

Nearly 5,000 medical cannabis license applications were filed in Kentucky by the August deadline, showing immense interest.

Investigators say dispatching errors led to Union Pacific train crash that killed 2 workers

OMAHA, Neb. (AP) — Dispatching errors combined with the failure of two backup systems allowed a Union Pacific train to that had been parked on a side track for nine months in Southern California two years ago, killing an engineer and a conductor, according to a report issued Thursday.

A New Drug Set to Outgrow Zoloft and Metformin--Invest Now - Ad

A new breakthrough drug is predicted to hit 250 million subscriptions in the next SIX YEARS, according to Morgan Stanley. Even better, a tiny company - trading for only $7 - holds key patents on this new drug. But it won't stay under the radar for much longer.

Arthur Hayes: 'Plentiful Filthy Fiat Money' Could Stimulate The Economy Ahead Of November Election

Cryptocurrency industry veteran and BitMEX co-founder Arthur Hayes on Wednesday suggested that the Federal Reserve’s upcoming monetary policy decisions could be strategically aligned with the November U.S.

Executives Buying Core Scientific And 2 Other Stocks

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain.

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

NASDAQ Cannabis Titan, Aurora, Could Boost 31% Sales Surge With This New CBD Lozenge Partnership

The cannabis company on Nasdaq has partnered with Vectura Fertin Pharma, to launch a dissolvable tablet that delivers a precise dose of CBD.

Oil Surge Predicted...But Are You Ready? - Ad

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

Judge allows smoking to continue in Atlantic City casinos, dealing blow to workers

ATLANTIC CITY, N.J. (AP) — A judge on Friday allowed smoking to continue in Atlantic City’s casinos, giving some measure of relief to the city's struggling casino industry while rebuffing workers who have long sought to be able to breathe clean air on the casino floor.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service