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☕️Trump MugShot Mugs: Anything For A Buck
💸Stocks Soar Despite The Fed
🏠Home Affordability At Lows
🚘Your EV Made By Chinese Slave Labor
🛩️Wagner Group Commander Killed In Plane Crash
☕️Trump MugShot Mugs: Anything For A Buck
Donald Trump capitalizing on his mugshot after being arrested and processed at Atlanta’s Fulton County Jail.
Trump’s 2024 campaign released a line of merchandise with his mugshot and the slogan, “NEVER SURRENDER!”
Trump is now Fulton County Jail inmate #P01135809. He has been booked on felony charges related to his efforts to overturn the 2020.
Trump was photographed, fingerprinted and if you bet on his weight via an online gambling site, the ‘under’ bet won. Authorities listed him as having “blond or strawberry” hair, a height of 6-feet-3inches and a weight of 215 pounds — 24 pounds less than the White House doctor reported Trump weighing in 2018. These numbers were filled out in advance by aides, according to someone familiar with the preparations, not by officials at the jail.
Trump’s weight left many users on X, formerly known as Twitter, incredulous. “215? That’s an insane lie,” tweeted Rick Wilson, co-founder of the Lincoln Project, an anti-Trump political action committee.“If Trump weight (sic) 215lbs, then I have flowing blond locks past my shoulders,” Wilson, who is bald, snarked in a second tweet.
Trump briefly spoke to reporters before leaving Atlanta, Saying he had done nothing wrong, he called the charges a “travesty of justice” and added “we have every right to challenge an election we think is dishonest.”
Trump returned to Twitter (now X) to display his mugshot:
This is Trump's fourth indictment this year, but it's the first time he's had his mugshot taken. “He’s scared $hitless,” former White House chief of staff John Kelly told the Washington Post.
Trump, who opted out of a Republican primary debate on Fox News attracted 74 million views in an interview with Tucker Carlson, according to statistics on X, the platform formerly known as Twitter. The debate on Fox averaged 12.8 million viewers, a larger than expected audience given the notable absence of Trump.
Former New York Mayor Rudolph Giuliani surrendered at the Fulton County, jail in Atlanta following an indictment handed down last week in connection with attempts to overturn the 2020 election. Giuliani's legal team met with staff from Dist. Atty. Fani Willis' office Wednesday afternoon to negotiate a $150,000 bond before he surrendered at the Fulton County jail.
Trump’s bond has been set at $200,000 in the Georgia case accusing the former president of scheming to overturn his 2020 election loss. Trump and 18 others have been indicted by an Atlanta grand jury in a sweeping racketeering case, accusing the former President and his former top aides of orchestrating a “criminal enterprise” to reverse the results of the 2020 presidential election in Georgia.
The indictment, an unprecedented challenge of presidential misconduct by a local prosecutor, brings charges against some of Trump’s most prominent advisers, including Rudolph Giuliani, his former personal lawyer, and Mark Meadows, who served as White House chief of staff at the time of the election.
Unlike federal or Manhattan courts, where the former president appeared for his three previous arraignments, Georgia law requires that cameras be allowed into judicial proceedings with a judge’s approval.
🗓️Trump’s Trial Date ‘Dance Card’ is filling up:
August 28:Federal Court DC Hearing
Oct. 2: New York civil fraud trial
Jan. 15: Second E. Jean Carroll civil defamation trial, NY
March 25: Manhattan hush-money trial
May 20: Federal classified documents trial in Florida
🎢Stocks 🆙 Despite The Fed
Stocks soar even as Federal Reserve Chairman Jerome Powell’s Jackson Hole speech kept the door opening for further action from the central bank. But the substance of what Powell said indicated that if another hike comes, it probably won’t occur when policy makers meet next month.
The Dow closed up 247 points, or 0.7% at 34,346.90. The S&P 500 gained about 0.7% to close at 4,405.71, while the tech-heavy Nasdaq advanced 0.9% to 13,590.65, which was enough to help both indexes snap a three-week losing streak. However, the Dow logged a second-straight week of losses.
GisermanGroup.com client, Mario Veneroso, of Kingsview Wealth Management tells Fox Business stocks are waining after a bang-up first half of the year:
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🏠Home Affordability At Lows
Housing affordability is at its lowest level in 40 years. Existing Home Sales in July hit the lowest in 13 years, with the average price of a home sold soaring above $400,000. The average rate on a 30-year mortgage hit 7.48%, the highest level since 2000, according to Mortgage News Daily. But Sales of new single-family homes rose in July as an acute shortage of existing homes drove buyers to new units as prices dropped by nearly 10%.
Warnings now that mortgage rates are headed to 8%. Consumers and economists surveyed by the Federal Reserve expect mortgage rates to rise to 8.4% by next year, and 8.8% in three years’ time.
SitusAMC’s Tim Rood, a GisermanGroup.com client, breaks it all down to Fox’s Neil Cavuto:
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Demand for homes around the country continues to outpace supply, despite a rapid rise in borrowing costs.
Rood, on Scripps News says Housing is the Cinderella Story of the Year:
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🚘Your EV Made By Chinese Slave Labor
Your Electric Car and Truck may include parts manufactured by Chinese Slave-Labor.
Electric-vehicle batteries and other car parts are the latest products under scrutiny in Washington's effort to stamp out U.S. links to forced-labor in China.
China and Supply Chain Expert, Exiger CEO Brandon Daniels, a GisermanGroup.com client, says, "If you're a car manufacturer and you have not started mapping your supply chains for the parts made in China and where they are getting their goods from, you are running a real peril as we go into the back half of the year.”
Daniels says, “Increased inspection of products destined for auto assembly plants by U.S. Customs and Border Protection could signal difficult times ahead for automakers who will need solid proof that their supply chains are free of links to a region where Chinese authorities have established labor camps for Uyghurs and other Muslim minority groups.”
🔻Bitcoin Sinks
Bitcoin slipped sharply, tumbling by as much as 9% to just over $26,000., the slide began after bearish minutes of the Federal Reserve’s July policy meeting were released.
Exiger’s Samar Pratt, a GisermanGroup.com client, Client, on FinTechTV says Crypto had recently gained a foothold at BNY Mellon:
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🛩️Wagner Group Commander Killed In Plane Crash
U.S. officials are increasing certainty that Yevgeny Prigozhin, the mercenary chief, was killed in Wednesday’s plane crash near Moscow and that Russian President Vladimir Putin ordered the killing of Prigozhin, who mounted June’s short-lived mutiny against his authority.
Russia’s civil aviation authority confirmed that the Wagner founder was on the flight.
Social-media channels close to the Wagner Group claim Russian air defenses shot down the jet. Video footage posted by onlookers showed what looked like the trail of a missile and the plane falling from the sky with one wing missing.
💻TikTok Ban
New York City has banned TikTok on government-owned devices, citing security concerns, joining a number of U.S. cities and states that have put such restrictions on the short video sharing app.
The Biden administration is demanding TikTok’s Chinese-owners sell their stakes in the video-sharing app or face a full U.S. ban.
Matt Hayden Former Cybersecurity Czar at the Department of Homeland Security and a GisermanGroup.com client on Scripps News says TikTok is dangerous:
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💉COVID’s Back-New Strains, Vaccines
Three new COVID-19 variants are now spreading across the country.
Levels of COVID-19 hospitalizations and deaths for now remain far below previous peaks seen during past summer and winter waves of the virus, but have been climbing steadily for several weeks.
Public health officials have said that they're well-equipped for the latest seasonal uptick in the virus, with COVID-19 tests and forthcoming vaccines expected to work for the variants on the rise around the country.
But the appearance of a new "highly mutated" variant has raised questions among virus trackers about what the coming months could hold.
🌀It Never Rains In Southern California, Tropical Storm, Quake Hits
As the song goes: ‘It Never Rains In Southern California’…But Pounding rain and ferocious winds flooded roads and brought down trees across Southern California as Tropical Storm Hilary unleashed its wrath on the region.
The historical storm, previously classified as a hurricane, put millions under flash-flood watches and warnings as the heavy rain trapped dozens of cars in rising floodwaters in Palm Springs and the surrounding communities.
Before the storm impacted the area, residents were startled by a 5.1 magnitude earthquake and ensuing aftershocks that rocked Ojai, a city about 80 miles northwest of Los Angeles, Sunday afternoon.
As the storm moves up the coast, it is forecast to deliver a year’s worth of rain to California’s Death Valley and parts of southern Nevada.
🔥Maui Wildfire
It’s the deadliest U.S. wildfire in 100 years. Burning across Maui, killing over 100 with at least 1,000 still unaccounted for. More than 1000 buildings destroyed. Electricity is out to much of the island. Financial losses are approaching $6 billion.
The legal fallout has begun. A lawsuit blames equipment from the Hawaiian Electric Industries,
Fast-moving blazes prompted thousands to evacuate, forced some residents to flee by swimming into the Pacific Ocean and reduced a historic town to ashes.
Among the many challenges the authorities are now facing is identifying the victims and searching for survivors. Days after the fires broke out, canine teams have been able to scout only 3% of the disaster zone.
Hawaii has become more vulnerable to disastrous wildfires because climate change has reduced rainfall.
In 2014, a wildfire-protection plan for the area was written by the Hawaii Wildfire Management Organization, a nonprofit that works with government agencies. It warned that Lahaina was among Maui’s most fire-prone areas because of its proximity to parched grasslands, steep terrain and frequent winds. It was mostly ignored.
📉Shocker: Christie Beats DeSantis in NH Poll
Former New Jersey Gov. Chris Christie has surpassed Florida Gov. Ron DeSantis in the critical early presidential primary state of New Hampshire, according to an Emerson College survey.
Christie leapfrogged DeSantis for second place in the Granite State, garnering 9 percent support. DeSantis’s support, on the other hand, fell to 8 percent from 17 percent in March.
Trump still leads with 49% of Republican New Hampshire voters.
🧨Hunter Biden Special Counsel
Hunter Biden is now facing the threat of a trial during the heat of his father's re-election campaign.
The appointment of U.S. Attorney David Weiss as special counsel in the case included the news that Hunter Biden's plea agreement was at an impasse.
Attorney General Merrick Garland said Weiss told him the investigation had "reached the stage" where the powers of a special counsel were necessary, and a trial a real possibility.
The decision caught Democrats by surprise. So much for those who thought Hunter Biden’s legal woes would be taken care of in a plea agreement, leaving them to contend only with attacks from Republican lawmakers with a record of overstating their findings.
⛽️Gas Prices Pump Higher
Gas prices hit $3.82, according to the AAA, with the price of the crude oil benchmark West Texas Intermediate hovering at around $80 per barrel over the last week.
The increase in national average gas prices stems partly from hot weather, which is exacerbated by climate change, with AAA spokesperson Andrew Gross saying: “Last month’s extreme heat played a role in the recent spike in gas prices due to some refineries pulling back.”
🐖Pig Kidney Working In Human
A genetically modified pig kidney transplanted into a brain-dead patient over a month ago is still working normally..
The procedure was carried out by a team of surgeons in New York on 14 July, and researchers are now tracking the kidney's performance for a second month.
It is the longest period a gene-edited pig kidney has functioned in a human.
"Is this organ really going to work like a human organ? So far it's looking like it is," said Dr Robert Montgomery, director of NYU Langone's transplant institute.
The deceased patient, Maurice "Mo" Miller from upstate New York, died suddenly at 57 with a previously undiagnosed brain cancer - ruling out routine organ donation.
The possibility that pig kidneys might one day help ease a dire shortage of transplantable organs is what persuaded his family to donate his body for the research.
But is it Kosher?
🎄Christmas Sales Starting Now
Ho, ho, ho or no, no, no?
Lowe's announcing that it's starting to sell Christmas-themed items including wreaths, inflatables and trees. The move comes after Home Depot's holiday merchandise debuted.
Look for hot toy lists in the coming weeks.
Amazon will hold a sale for Prime members in October — well ahead of Black Friday.
This is the earliest we can remember. Deck the halls
✋Amazon’s Pay-By-Hand Tech
Ready to Hand it to Amazon?
Amazon rolling out new technology that allows you to scan your palm to pay, instead of using a credit card or your cell phone. And the company has plans to expand use of the tech all the way to accessing your medical records.
Instead of pulling out a credit card or even a phone for Apple Pay, subscribing customers hover their palms over an Amazon One device to pay.
The technology is already available at 200 locations across the U.S. from supermarkets to stadiums.
Not everyone is happy with the idea of one of the world’s biggest tech conglomerates scanning everyone’s hands and storing that data in its cloud.
🚕RoboTaxis Get Green Light
RoboTaxis now have the green light to operate in San Francisco.
After a contentious public hearing with hours of public comment, the California Public Utilities Commission has authorized GM’s Cruise and Google’s Waymo to begin offering paid rides to the public at all hours of the day and across San Francisco.
The historic decision makes San Francisco the first city in the world to have two companies offering fully operational paid autonomous driving taxi services and put autonomous vehicles on the fast track towards widespread use in California
Self-driving cars are popping up in more cities in the U.S. but as they spread, so do concerns about their safety.
🐭Disney Raises Streaming Costs
The Mouse needs more cheese, so Disney+ streaming prices are going way up!
CEO Bob Iger says Disney+ streaming prices will rise for the second time in less than a year, increasing the monthly cost of its ad-free plan by $3 to $13.99 in October. Hulu, which Disney owns a majority stake in, will also increase the monthly cost of its ad-free subscription by $3 to $17.99.
Iger acknowledged that the price hikes are intended to steer consumers toward cheaper ad-supported versions of these services, whose subscription prices are not changing. The advertising market for streaming is “picking up,” he said, noting that it’s healthier than traditional TV ads.
Netflix, Paramount, Warner Bros. Discovery, and Peacock have all raised prices this year in a drive toward profitability. And as Iger announced Wednesday for Disney, password-sharing crackdowns are also ahead.
💊Oxi Settlement Blocked by SCOTUS
The Supreme Court has blocked a $6 billion bankruptcy settlement by Purdue Pharma that would protect its Sackler family owners from civil lawsuits related to opioid abuse.
The order questions whether U.S. Bankruptcy courts can approve a Chapter 11 reorganization that releases claims by non-debtors against not-debtor third parties “without the claimants’ consent.”
The order is likely to delay any payments to the thousands of plaintiffs who have sued the Sacklers and Purdue, the maker of the prescription painkiller OxyContin, which is widely blamed for igniting the opioid crisis. Under the deal, the Sacklers had agreed to pay billions to plaintiffs in exchange for full immunity from all civil legal disputes.
The story was featured in the streaming series “Dope Sick”.
👧Billion Dollar Barbie
Barbie topped more than $1 billion in estimated global box-office receipts as of this weekend, according to research firm Comscore. It is now the first U.S. film directed by one woman to reach the billion-dollar mark.
Movies haven’t taken in this much since before Covid!
“Barbenheimer” remains red-hot at the box office.
The combined force of “Barbie” and “Oppenheimer” has led to more than $1.15 billion in global ticket sales since July 21st.
💉Employers Squeezed By Costs of Weight-Loss Drugs
So many people have turned to drugs used for weight loss that some employers are cutting off insurance coverage to head off climbing bills.
Use of drugs such as Ozempic and Wegovy has exploded as word has spread about their weight-loss benefits. Demand has risen so high so fast that Novo Nordisk, the maker of the drugs, hasn’t been able to manufacture enough, while analysts have been revising multibillion-dollar sales estimates upward.
The cost of the drugs can run as much as $1,350 a month for a patient, have quickly leapt into the tens of millions of dollars for insurance plans. The outlays are straining the finances of some plans, including those funded by employers.
Meantime the makers of the drugs, Novo Nordisk and Eli Lilly, are being sued for failure to adequately warn patients about the possible risk of severe stomach problems associated with Ozempic and Mounjaro.
⛱️Take That August Vacation
Offices are emptying out this week.
Even President Biden is at the beach for the week and Congress is out until September.
Company vacation calendars show more workers are checking out, and for longer stretches, this summer. The number of employees logging vacation days climbed 11% in June compared with the same month in 2022 and 20% compared with June 2021, according to Gusto, which tracks time-off requests from workers at more than 300,000 small and midsize businesses.
Some companies are even pushing their staff to take more time off this summer, in some cases by giving them no choice.
Call it ‘Fun-Flation’
This summer consumers are splurging on through-the-roof airfare, expensive concert tickets, soaring hotel prices and pricey meals.
Some call the phenomenon “revenge spending,” the zeal to indulge in experiences now that Covid lockdowns are far in the past. It helps that many still have pandemic savings to draw on, or have seen their wages surge in the past year.
We’ll probably pay for it down the road, but what the heck —have fun!
See you at the beach!
🔥CannaBIZ Cash Only
Mastercard moving to block cannabis purchases using its debit cards.
The payments giant told banks to bar such transactions, citing the illegality of marijuana on a federal level. It’s a further blow to the cannabis industry.
Many weed businesses placing ATM’s in their stores to smoke Mastercard’s move.
It’s a trying time for all of us.
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McConnell Freezes Mid-Sentence
Republican Leader, Senator Mitch McConnell froze mid-sentence during an appearance at his weekly news conference in the Capitol on Wednesday and was briefly escorted away from the microphones to recover.
The situation was just the latest reminder of the advanced age and frail condition of the top Republican in the Senate, raising questions about his future and that of his party.
McConnell returned 12-minutes later to take reporters questions, saying he was ‘just fine.’
McConnell, who became the longest-serving Senate leader in history at the beginning of the year, has moved more slowly and struggled with hearing loss since he fell at a Washington hotel sustaining a concussion. His allies have rejected any suggestion that his abilities have declined, saying he remains in charge in private sessions. They expressed confidence again on Wednesday.
💸The Taxman Cometh No Longer
The IRS is immediately ending the practice of sending agents to make surprise visits to homes and businesses to collect unpaid taxes. It comes amid political backlash and increasing threats to IRS agents.
It also coincides with increased scrutiny of the tax collection agency, which has faced criticism from Republicans over perceptions of political bias and from taxpayers who claim that IRS tactics are overly aggressive.
🎤Taylor Swift Economics
Wherever she goes Taylor Swift’s fans are following, bringing big bucks to cities hosting her concerts
The Eras Tour, which started in March and ends in the U.S. on Aug. 9, is on track to become the biggest in concert his-tory, potentially grossing $1 billion. It’s filling football stadiums that hold more than 70,000 people, and Swift is often staying in town for several days, giving local businesses time to soak up the Swiftie money.
Her fans have been filling hotels, packing restaurants and crowding bars during Swift’s 20-city tour which has helped them recover from the economic toll of the pandemic by bringing back tourists.
👅Sympathy For The Devil: #Jagger Turns 80
And so we give you our favorite Stones Song:
“X” Marks Twitter
Twitter overnight began rebranding itself as X, replacing its longtime logo with a stylized symbol that was projected onto its San Francisco headquarters.
The move underscored Elon Musk’s ambition to make the social network a key part of his longtime goal of creating an “everything app.” But it is also another risky gamble to reinvent a business that has struggled since he paid $44 billion for it last year.
Musk and the chief executive he brought aboard just a month ago to run Twitter say the social media network will ditch the bird logo, rebrand the platform with the name ‘X’ and move quickly into payments, banking and commerce.
Shares of Facebook parent Meta down after It hit a 52 week high.
New data from Similarweb finds that app engagement with Threads has decreased by roughly 75% since its peak on July 7, two days after it officially launched , half the original users have disappeared.
Meantime, TikTok is taking on Twitter and Threads with a new feature that lets users add text posts. “With text posts, we’re expanding the boundaries of content creation for everyone on TikTok, giving the written creativity we’ve seen in comments, captions, and videos a dedicated space to shine,” the company said in announcing the new feature.
It’s a trying time for all of us.
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🥵It’s So HOT Electric Power Grid Threats
How hot is it?
Extreme heat has blanketed other parts of the West and South, with temperatures soaring above 110 degrees in Phoenix for more than 20 consecutive days
The punishing heat wave is pushing electricity demand to record levels but the power grid has held up.
Arizona Public Service, which provides electricity for much of the state, saw a record 8,191 megawatts of electricity demand on July 15. The company offered customers en-ergy-saving tips to reduce costs and support grid reliability.
The heat wave is testing the aging electric grid, which is being asked to deliver more power for running air conditioners without much of a break for routine maintenance. A forecast from the North American Electric Reliability Corporation, a nonprofit that monitors the health of the bulk power system, says large portions of the U.S. could face blackouts this summer.
The National Energy Assistance Directors Association estimates home energy bills will rise 11.7% to an average of $578 this summer, up from $517 last summer.
Even the hottest place on Earth, California’s Death Valley, could reach rare highs, with 130 degrees possible. It has only happened a handful of times, one of which isthe all-time global record high temperature of 134 degrees.
North of Philadelphia, emergency crews are still searching for a 9-month-old boy and his 2-year-old sister after flash floods hit.
🎥Actors Strike
Tens of thousands of Hollywood Television and Movie Actors are on Strike
SAG-AFTRA’s national board of directors voted unanimously to approve a strike action, widening the scope of labor unrest in an entertainment industry that is already facing numerous headwinds.
Media titan Barry Diller delivered a devastating forecast for Hollywood, if the writers and actors’ strikes are not resolved soon.
Appearing on CBS’ Face the Nation Sunday, Diller — the head of the media conglomerate IAC, who previously served as CEO for Paramount and 20th Century Fox — weighed in on the state of the industry amid the SAG-AFTRA and Writers Guild of America strikes. Diller called the current challenges facing the industry a “perfect storm.”
“You had Covid, which sent people home to watch streaming television and killed theaters,” Diller said. “You’ve had the results of huge investments in streaming which have produced all these losses for all these companies that are now kind of retrenching. So at this moment, it’s kind of a perfect storm.”
📺ABC For Sale?
Disney CEO Bob Iger has opened the door to selling the company’s traditional TV assets.
Disney owns a portfolio of TV networks, broadcast stations, the ABC network, and cable TV channels like ESPN.
Disney is going to be “expansive” in its thinking about the traditional TV business, leaving the door open to a possible sale of the networks. “They may not be core to Disney,” Iger said on CNBC, adding the creativity that has come from those networks has been key for Disney.
It comes as the linear TV business struggles during the media industry’s transition to streaming and digital offerings.
🕊️Meta Stock @ 52 Week Hi as Musk-Zuckerberg War Gets Elon Musk-owned Twitter, meanwhile, had about 107 million users on July 14, according to Similarweb, which tracks usage only on the social media platform’s Android app.
Elon Musk is letting the personal insults fly as the social media feud with Mark Zuckerberg heats up.
Musk Tweets:
“Zuck is a cuck,” the Twitter chief writes on Twitter…he goes on:
“I propose a literal dick measuring contest.”
Zuckerberg says his new sight ‘Threads’ hit 100 million sign-ups less than a week after launching, but usage is way down from the peak.
Twitter’s lawyer wrote a letter to Meta accusing the company of “systematic” and “unlawful misappropriation” of trade secrets following the launch of Threads.
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🏛️Newsom, Kennedy In?
California Gov. Gavin Newsom’s rising media profile in recent weeks has renewed speculation over his Democratic presidential aspirations.
He’s made appearances on the national media with NBC’s “Today” show and Fox News’s “Hannity,” raising renewed interest in his political future.
Some of that national spotlight has been used to go after Republican Presidential candidate Rob DeSantis over several dozen migrants who were flown to California.
Meantime, Robert F. Kennedy Jr., the anti-vaccine activist with a celebrated Democratic lineage has emerged with unexpected strength in early polls even as he spreads conspiracy theories and consorts with right-wing figures and billionaire donors.
Kennedy’s support from Democrats, as high as 20% in some surveys, serves as a bracing reminder of voters’ appetite for a Biden alternative.
💻U.S. Government Hacked
Several U.S. government agencies, including the Energy Department, have been hacked, and a Russian group is demanding ransom.
The data-stealing cyberattack exploitEd a software bug that had already compro-mised major businesses in the U.K. and elsewhere is blamed. So far none of the information has shown up on the dark web or elsewhere.
📺Tucker’s Twitter Show
Fox News notified Tucker Carlson's lawyers that the former prime-time anchor violated his contract with the network when he launched his own Twitter show on Tuesday, according to a copy of a letter obtained by Axios.
A breach of contract claim sets Fox News up to explore potential legal action against Carlson. Carlson’s lawyers told Axios that any legal action by Fox would violate his First Amendment rights.
🏓PickleBall Coming To YOUR Mall
Pickleball is coming to your local mall, replacing shuttered Bed Bath & Beyond, Old Navy and Sears stores.
It’s an effort to fill vacant spaces and draw in customers to shop.
Consumers are craving fun, social experiences after years of limited gatherings during the pandemic, and they have shifted their spending from goods to experiences like theaters, arcades and amusement parks.
Malls are responding to these trends by turning to a wider range of tenants and activities to draw traffic, real estate investment firm JLL said in a report this week that malls are drawing on the huge PickleBall crowds and building courts.
🍀Americans Spend More On Weed Than On Beer & Chocolate Combined
U.S Legal sales of marijuana and marijuana products -- like edibles -- reached an estimated $30 billion in 2022, according to a report from MJBizDaily.
That total is more than Americans spent on chocolate and craft beer combined, -- $20 billion and $7.9 billion, respectively.
And get this — legal sales are still vastly outweighed by illicit ones – Whitney Economics estimates that legal transactions constituted just 25% of total cannabis market in 2021.
💻They Want Your Password
Warning-New Scams to steal your passwords.
If you've had a password hacked recently, you aren't alone. The volume of password attacks has soared to an estimated 921 attacks every second. That's a 74% rise in one year, according to the latest Microsoft Digital Defense Report.
Exiger's Robert Kolasky with more on Bloomberg & CBS:
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GisermanGroup.com will design a campaign to get you and your business in front of the public.
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