Design a site like this with WordPress.com
Get started

Category: investing

Marijuana Businesses Could Soon Be Listed On Stock Exchanges

State-legal marijuana businesses would be able to be listed on national stock exchanges and access key financial services under a bipartisan congressional bill that was filed on Thursday.

The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act is being sponsored by Reps. Troy Carter (D-LA) and Guy Reschenthaler (R-PA).

While a main thrust of the legislation is to free up cannabis industry access to financial lending and investment opportunities, in part by providing protections for private financial institutions and government agencies that provide such services to traditional markets, one section stands out as especially novel.

It would provide safe harbor for national securities exchanges and market participants that “have listed, list, or intend to list, or permits the trading, or facilitates the offering, listing, or trading on a national securities exchange, of the securities of a cannabis-related legitimate business or a service provider.”

That’s a wordy way of saying that cannabis businesses would be permitted to list on major stock exchanges like Nasdaq and the New York Stock Exchange (NYSE). It would represent a boon for the burgeoning industry, legitimizing their presence on Wall Street.

Continue Reading

The Cannabis Connoisseur Strain Review Journal

Advertisement

The Only 3 Things You Need To Start Investing

As you begin learning about finances you will see that the techniques to start making money are pretty much the same.

Now, people create their own rules, use their own methods but overall you are not doing anything much different from people earning more money than you.

You just have to decide one day that you want to develop the skills to be successful.

Join Robinhood with my link and we’ll both pick our own free stock 🤝 https://join.robinhood.com/kadeshc-cc2017

Open a crypto account here: https://coinbase.com/join/carter_uk9?src=ios-link

Best Regards,

Aura Of Wealth

Do This With Your Bank Statement If You Want To Change Your Life

Financial obedience and repair is not as scary as it sounds. You want to know what is scary? Looking back a year from now regretting that you didn’t take action.

You may have received your most recent statement a few days ago, so check your mail, or online banking documents. My bank issues theirs on the 16th of each month.

When you know better, you can start to do better. And, the first step is admitting what money habits are keeping you from reaching your financial goals.

Teaching You That Wealth Is In Reach,

Aura Bea Carter

👉🏾Follow Instagram.com/AuraOfWealth for all things personal finance & business success 🙋🏾‍♀️

How Covid Revolutionized The Investments Market

2 of 3 Investment App Users Got Started During Covid, Revolutionizing the Market

The fintech revolution is here and investment apps are leading the charge. 

Robinhood, Acorns, Betterment and other apps have simplified the investment process for everyday Americans by removing once-common barriers to access, like complex jargon and high trading fees. 

Investment apps shook up the archaic financial landscape by giving people user-friendly platforms to access the stock market with as little as $5. 

Then came the COVID-19 pandemic, which coincided with economic worries, stimulus checks and growing interest in investing apps and cryptocurrency.

This proved to be a perfect environment for app use to accelerate — especially among new and young investors. In a new survey of nearly 2,000 Americans conducted by The Penny Hoarder, 66% of respondents only began using an investment app in 2020 or 2021, and two out of three said the pandemic led them to become more serious users. 

The Penny Hoarder’s survey found more striking findings about investment app users, who are getting their feet wet in a stock market once roped off for white collars and Wall Street elites. 

  • They’re new to the scene: About half said they had little to no investing experience prior to using an app.
  • They’re starting small: About half of respondents have less than $1,000 invested on an app.
  • They’re using this new access to: Dabble with crypto, fractional shares and meme stocks.
  • Social media is a primary source of investing advice: Most investment app users flock to Facebook and YouTube for investment advice, although 18-to-24-year-olds also heavily favor TikTok and Instagram.
  • Celebrities also hold sway: 44% of all respondents said they would be more likely to invest in a stock if Elon Musk tweeted about it. Among high-income earners — those earning over $150,000 — 67% said they’d be likely to follow Musk’s advice.

Continue Reading Here