Author: Eddy Elfenbein

Get Ready for Cannabis 2.0

Get Ready for Cannabis 2.0

One year ago, on October 17, 2018, Canada legalized marijuana for recreational use. But that was only the first step. Now we’re at “Cannabis 2.0.” This comes exactly one year later, on October 17, 2019. Cannabis 2.0 is when Canada will legalize edibles, drinks, vapes, plus a few other categories. The idea with the Canadian […]

Will Nancy Pelosi Kill the Market?

Will Nancy Pelosi Kill the Market?

Last week, House Speaker Nancy Pelosi announced a formal impeachment inquiry into President Trump. According to The New York Times, the inquiry will look at “charging him with betraying his oath of office and the nation’s security by seeking to enlist a foreign power to tarnish a rival for his own political gain.” I won’t discuss […]

The Truth About Tesla’s Share Price

The Truth About Tesla’s Share Price

I have to admit something to you—I love Tesla (TSLA). I think it’s an amazing car company. I’m a big believer in the product, and I realize that Tesla is radically upending the global auto industry. Not only that, but Tesla is changing the world energy market. I think the company will grow and grow. […]

Indianapolis - Circa 2016: ADP Location. ADP is a Provider of Business Outsourcing Services I

ADP: 43 Consecutive Dividend Increases

Recently the U.S. government reported that the U.S. has 501,000 fewer jobs than previously reported. To be precise, the Bureau of Labor Statistics politely calls this a “downward adjustment.” Mind you, the jobs weren’t really lost. We never had them in the first place. The Labor Department, which is the government agency that’s in charge […]

This WeWork Killer is Profitable Right Now and It’s Raised Dividends for 20 Years Straight

This WeWork Killer is Profitable Right Now and It’s Raised Dividends for 20 Years Straight

The filing prospectus for WeWork’s IPO contains this sentence, “Our mission is to elevate the world’s consciousness.” I’m not kidding you. It actually says that. In addition to raising the world’s consciousness, they’re raising cash — a lot of it. Ever since WeWork’s S-1 filing form was released, Wall Street has entertained itself by highlighting […]

Which Stock Is the Next Chipotle?

Which Stock Is the Next Chipotle?

Shares of Chipotle (CMG) have rallied more than 70% this year. Don’t feel bad if you missed it, you’re not alone. After all, shares of the burrito joint got hammered a few years ago. In general terms, it’s typically not good for business to have your company name and the phrase “E. Coli outbreak” in […]