Stormy Simon was the President of Overstock.com before she left the position in 2016 to start working in the cannabis industry. Simon is a huge advocate for medicinal marijuana and the state adoption of cannabis legalization.
Simon says that she sees a lot of similarities between the start of the e-commerce industry and the start of the legal cannabis industry. Simon was ready for a new challenge and wanted to champion an industry that she believes will revolutionize healthcare.
Simon does say that the federal government could have a large hand in the future of cannabis. However, the country-wide adoption seems inevitable to her at this point.
The Fed chair seems pleased with how far inflation has fallen, but according to this analyst, we could be waiting until 2025 to hit that crucial 2% goal.
While the Fed has made it clear that it won’t consider cutting rates until at least September, one analyst is expecting a whopping seven cuts in a row.
The NASDAQ’s Executive Vice President of Corporate Platforms breaks down why you’ll probably see a lot of companies going public in September and December.
