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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Zacks Investment Research. The Buffett Indicator has gone haywire of late. Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry.
The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And it looks like the anticipated changes could happen faster than initially expected.
The statement feeds expectations that the Democratic Congressional majority will pass — and that President Biden will sign — a bill to legalize marijuana. Investors are also looking at further state-level legalization moves; one key state in this regard is New York. So, the cannabis industry is looking up. There is an expanding network of state legalization regimes, and expectations of a change in federal policy; both are putting upward pressure on cannabis shares.
Both have posted impressive year-to-date performances, and stand to rise even more in the year ahead. The company started out as a farmer, producing high-quality greenhouse vegetables year-round for sale in the North American market.
That background fit the company well for a transition to the cannabis industry — Village Farms has experience in greenhouse production and industrial-scale growing. Two important pieces of news precipitated the surge since the end of January. The move increases the international reach of Village Farms, and its ability to increase Altum holdings in the future.
The company was able to fund these moves because it had a successful equity sale in January, putting an additional In addition to its strong capital and expansion positions, Village Farms has been reporting solid financial results. VFF has historically been undervalued compared to less profitable peers, but we expect shares to continue working higher … as the prospect for US reform increases throughout the year. The company is involved in both the medical and recreational sides of the market, and both grows and produces cannabis and markets a range of products through numerous brand names.
Growth has been fueled by expansion of the cultivation operations in California and Pennsylvania, and by the move into the adult-use recreational market in New Jersey. Last month, TerrAscend closed a non-brokered private placement stock sale, putting more than 18 million common shares on the market. We have been bullish on the company since initiating coverage last year and are happy to say the TRSSF team has exceeded our expectations, generating rapid increases in margins and operating leverage that have earned them a place solidly in the Top Tier of MSOs," Des Lauriers noted.
Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Sun founded blockchain business Tron in and has since expanded into other decentralization technologies and platforms such as BitTorrent Inc.
Sun said he advised Buffett to buy Bitcoin and Tesla when he dined with him last year. DLive, the live-streaming platform that was bought by BitTorrent late last year, has also come under scrutiny from American lawmakers for its role in broadcasting the U. Capitol riots. Sun declined to comment on the controversies.
For more articles like this, please visit us at bloomberg. The change to the tax code could allow millions of working families to save thousands on their taxes, but only if they are savvy about how they file this year. Retirement account owners have long had trouble translating the money in their k into income. Bloomberg -- Apple Inc. The secret project has gained momentum in recent months, adding multiple former Tesla Inc. The initiative, known as Project Titan inside Apple, is attracting intense interest because of its potential to upend the automotive industry and supply chains, much like the iPhone did to the smartphone market.
The following companies -- whose representatives declined to comment -- are possible candidates:FoxconnFoxconn Technology Group already has a close relationship with Apple. For well over a decade, it has been the U. It also plans to release a solid-state battery by MagnaMagna, based in Ontario, Canada, is the third-largest auto supplier in the world by sales, and has a contract-manufacturing operation with years of experience making entire car models for a variety of auto brands.
Magna produces everything from chassis and car seats to sensors and software for driver-assistance features. Magna also pitches its engineering and manufacturing services to EV startups. Last fall, it agreed to provide Fisker Inc. Hyundai or KiaHyundai Motor Co. Hyundai and Kia both have plants in the U. While the two sell EVs derived from existing models, they will start selling vehicles based on the dedicated EV platform from March, helping to bring down costs and improve performance efficiency.
They plan to introduce a combined 23 new EV models and sell 1 million units globally by The big disadvantage Hyundai and Kia have is the recent back-and-forth on whether they are developing a car for Apple, a notoriously secretive company.
After pursuing a strategy of volume at any cost that ate into profit, Nissan needs to attract higher-paying customers largely with the technology inside of its cars. StellantisOne factor in determining the suitability of a partner for Apple may be availability of production capacity. Stellantis is under pressure to find synergies after forming last month through the merger of PSA Group and Fiat Chrysler.
For all the attention given to the argument that the stock market is in a bubble, it is important to point out that not everyone shares that view. In a monthly webinar, Wood made the argument against stocks being in a bubble. Futures signaled gains as Tilray leads climax-type stocks. The Tesla stock retreat could end up being bullish.
Top news and what to watch in the markets on Thursday, February 11, Congress is keeping the same stimulus check formula, though that could change. State Supreme Court Justice Charles Daniels told the Legislative Finance Committee on Tuesday that spending cuts so far for the judiciary could result in employee furloughs. Chief Public Defender Bennett Baur also said his office is leaving jobs unfilled and is turning away some new clients.
Smith said lawmakers have been more conservative in their budget outlooks than Martinez as a way to try to get ahead of any necessary spending cuts. So far during the budget crunch, they have been right. Smith was among those who called for a special session last summer. Rodriguez said new economic data, including projections of tax revenue, for fiscal years and will be released early next month by a group of forecasters that meet quarterly.
That move will probably lead to slightly higher borrowing costs for state and local governments. Rodriguez told the Legislative Finance Committee that Martinez will present a budget to the Legislature in January that would restore general fund operating reserves to 5 percent by June The governor also plans to raise that to 10 percent at the end of the fiscal year.
Smith disputed that. The tracking shows that gross receipts tax revenue in the state was down 8 percent from a year ago, but some of that is already baked into the pared-down budget. Smith and other Democrats in the Legislature have been saying for two years that the state cannot dig out of its fiscal crisis without new tax revenue.
Several efforts to do that — from increasing the gasoline tax to taxing sales from out-of-state internet companies such as Amazon — were rejected by Martinez and the House of Representatives, which has been led by Republicans since As a result of the Nov. That means some of the tax-revenue measures can move forward but likely will face a veto from the governor. Martinez has pledged not to increase taxes. Lawmakers said Wednesday that efforts are underway to identify revenue-increasing measures that would be supported by both Democrats and Republicans.
With bipartisan support, the House and Senate could override any Martinez veto. This should be a good document to answer student questions, and can also serve as a script if students call or e-mail you. Second, Dr.
This forum will help address the Retention Probation Area of the HLC concerns, as we work together to find better ways to make data-driven decisions to help our students succeed here at Highlands. Please drop by some or all of the summit. The Campus Life initiative continues to find success. More and more students are checking out equipment and engaging in healthy on and near campus recreational pursuits.
A photo left of one of our student athletes, John Pine from Olympia Washington, who checked out some fishing equipment, biked a few yards to the Gallinas, and well…caught a fish. I think that is one of our bikes in the background. Another group of students rented our paddle boards and did a Rio Grande River trip over the weekend.
A nice photo of that adventure on right. Yoga on the water…. I could try that move, I suppose, but it would result in me flailing around in the water in a very undignified manner, no doubt. I also liked what the author had to say about how bad news is handled in too many organizations.
This passage also reminded me of a discussion I had several years ago with one of my mentors. He asserted that when something bad or negative occurs in an organization and I defy anyone to find a complex organization where such a thing does not occur from time to time , you can often group people into two camps—those who reflect on what they did or did not do to make the bad thing happen and those who immediately play the blame game and lay everything at the feet of someone else or some group of people.
His advice to me was that those inthe first group were good leaders or could be grown into good leaders and those in the latter group were not and probably had low potential to become good leaders. I am not one to be guided by generalizations, but in this case, I have to say that over the years his advice to me has been very helpful…and true. The meeting concluded with a demonstration and discussion of a new system to assess co-curricular activities at HU one of the HLC concerns and a discussion of some proposed initiatives to recognize extraordinary efforts of staff members.
All faculty, staff, and students are welcome. If you have any other ideas on how to best reach students, e-mail me at bkempner nmhu. A brief update for the week of September 5-September 9, Bad actors and bad decisions are unavoidable in any large and diverse system, but these still seem to me the exception and not the rule. Most faculty members and most administrators appear to me to want what they have always wanted: to create vibrant and supportive environments within which the work of teaching and learning can be carried out at a high level.
Achieving this goal has become increasingly difficult as the economic model of higher education has come under more intense stress, and this has cast the long-present messiness of the shared governance model into sharper relief. It has never been easy to maintain equilibrium within such a complex system of institutional decision-making, but today the stakes seem higher and the cost of missteps or inaction much greater.
His point—it is really not shared governance at all—it is divided decision making. He writes:. I believe that it can and that improvement must begin with a better understanding of where the fault lines in the current system lie. Imagine that two people are charged with the completion of two tasks. Depending on the nature of the tasks — and the people — one or another of these approaches may be the more effective.
Shared governance at most colleges has evolved into a model that more closely resembles the first than the second of these approaches. It is common to find the faculty charged with the design, oversight, and teaching of the curriculum, with some minimal level of input from administrators.
Virtually all other matters — co-curricular programming, student life, and, above all else, decisions about the spending of institutional dollars — are chiefly the purview of administrators, with some minimal level of input from faculty.
We have, that is, a system of sharing through division more than a system of sharing through deep collaboration. We had a good discussion about all of this. At HU, do we have something closer to shared governance or divided governance? How much real decision making is made by the faculty or do they mostly just make recommendations? How much do administrators have to say about the curriculum? Or, do they basically wait around to see what the faculty want to do with that?
Wherever we are on all this, does anyone really want to change? Should we? The discussion evoked a vivid memory of an effort I made at another institution. In an attempt to move from divided decision making, I restructured the sabbatical program in such a way that the faculty made the decisions.
I told them what was in the budget and they met and made the final decisions regarding who was and was not funded. It was a really nice discussion with many points of view. It led into a related discussion about the pace of decision making. It is very common for faculty to express concerns that administrators tend to decide things much too quickly and without full vetting.
Administrators commonly bemoan the fact that problems, challenges, and the like fly into their offices and in some but certainly not all cases, must be acted on very quickly. But, still…what to do about it? Can anything be done? Should we even try? If yes, how on earth would that work? Plus, in many cases, I spend lots of time thinking of a possible response to solve a challenge that in the end, fades away and ultimately requires no solution at all.
I welcome your thoughts on all this. As I wrote…an interesting discussion. The meeting concluded with a discussion of promotional materials available to recruiters, an update on ticket sales for the upcoming concert by Gabriel Iglesias, and updates from the VPs. I hope everyone is off to a good fall term. It is so nice to see the students back on campus and good colleagues who were away for the summer.
Campuses are pretty lonely places without students, staff, and faculty around. I am optimistic about things on campus, but troubled about the state budget and the implications of the budget for HU. We will need to work closely together and in the most highly collaborative manner to address the budget situation.
A brief update for your perusal. My first year will come to a close in just a few days and as you probably know, I had several goals stipulated by the board. In addition to doing the best I could on those, I also focused on campus life via the Division of Student Affairs , Strategic Enrollment Management a new division here at HU , and a reengineer of Advancement.
These three area were not chosen randomly nor were they chosen because I thought they would be easy to improve. Quite the contrary, really. I chose them because, in my view, they held the most promise to address what I considered and still consider our most daunting challenge—moving from a historical reliance on state funding to a situation where we rely more on our own efforts to accrue revenue and remain vibrant and strong.
That means— getting more students recruited and retained and improving our performance in private giving. New Mexico remains one of the states where state funding continues to support a large percentage of higher education funding, but the national trend is quite clear. Even though New Mexico devotes more than that percentage-wise , the state trend is also clear—state funding is going down over time. Hence, my concerns. I am rarely satisfied with performance at least my own , but I am generally pleased with progress in the three areas of campus life, enrollment management, and advancement.
All are trending in the right direction. We will have a more vibrant campus life this fall thanks to student and board support of the new Campus Life fee. At this point, our recruitment is looking good with more admitted students and more students enrolled and more housing deposits made. Advancement has also secured other major gifts in addition to the HIPs campaign. A few details about all this and other updates appear below:. Our Provost, Dr. Teresita Aguilar, will be leaving HU effective July 1, The plan is to name an Interim Provost to begin July 1 or some negotiated date near July 1.
The Interim Provost will focus on two main tasks— 1 the effective and efficient management of Academic Affairs and 2 making progress relative to the various issues noted in our HLC report. If you have any interest in serving in this role, please let me know by p. An email is fine.
Also please attach a CV. I may also name an external person to serve in this capacity. I will make a decision by p. Ideally, the Interim Provost will serve until January 1, , but depending on the outcome of the search for a new Provost, the interim may serve a bit longer. However, the ideal start date is January 1.
It is my plan to keep the current Academic Affairs administrative structure intact during this interim period. I or my designee will manage Academic Affairs from now until the Interim Provost is in place. We will immediately commence a national search for a new provost. Assuming the individuals in the roles noted below agree to serve, the search committee will consist of:. I want this process to move along and I have established a tight, but I think reasonable timeline:. Initially, the search committee will devise a matrix consisting of all required and preferred attributes of the new provost.
Each applicant will be reviewed in relation to the attributes on the matrix. Those not meeting the minimum qualifications will not advance. Those meeting the minimum qualifications will advance and be rated in relation to the preferred qualifications. Ultimately, the search committee will rank the applicants and a subset of the applicants will advance. It is my expectation that a representative from HR will work closely with the committee to make certain the selection process moves along smoothly and adheres to best practices in personnel selection.
Great leadership in the higher education sector has never been more important. The challenges we face are daunting and in some cases, unlike any we have seen in the past. Public higher education is facing a major shift in our resource base. We are forced to behave more and more like private institutions as our reliance on state support.
Simply hoping that state governments will recover from the Great Recession and fund public higher education as it was funded in decades past is very unwise, in my view, and doing so puts institutions at great risk. Our other major sources of revenue, modern enrollment management and private giving, are more important than ever.
The professoriate is changing rapidly. I am not particularly happy with this trend, but again, the fiscal realities we face suggest to me that the trend is likely to continue for some time. Calls for greater scrutiny and accountability increase every year.
Today, anyone with an inexpensive computer and a strong signal can learn from the best minds in the world. Both learning and access to knowledge are now ubiquitous. Student demography is changing. Others have been less successful and in some cases, even unwelcomed. That is changing and I along with many colleagues welcome those changes, but it does require some new thinking.
Shifting from a mindset that the learner is not ready to benefit or perhaps even capable of benefitting from university to a new mindset where we seriously examine our own behaviors in relation to student success can be challenging i. The focus on modern instrumentalism often requires us to justify our programs in relation to outcomes such as first destination job or graduate school placement and or lifetime earnings. How do the traditional liberal arts and sciences fit into that scheme, if at all?
Issues of governance have always been debated in the academy, but today, due to the many factors previously noted, the debate has become even more vigorous and important. Many other positions fall along this continuum and at this point, the best path forward is not at all clear. Sorting this out will take very good leadership. All of these issues, and more, require bold thinking, creativity, and leadership courage in the face of rapid change.
An individual embodying those characteristics is highly prized in the higher education job market and of course, that is precisely the kind of person we seek. Finally, I believe that the job here will present an interesting opportunity for many applicants. The combination of mission, campus size, student focus, and location was certainly attractive to me and I bet it will be to others as well.
We want top applicants to apply and we want our 1 choice to join us. We must strive to convince the top applicants that HU is a good place to work. We have many assets here and that argument is not a tough one to make, but we should be mindful of it as we move forward in the search process.
I informed everyone that I would not be sending weekly messages over the summer, but that I would send the occasional message. I recently received updates from our Advancement Office as well as some enrollment data and wanted to share that information.
The best data we have at this point regarding enrollment remains the number of new students admitted to HU. We still have about six weeks before the fiscal year ends. I should note that Vice President Law and her new team have only been working together for about four months and the new team in Strategic Enrollment Management has been at it about the same time period. It is my hope that the performance in these two domains, limited as it is over only a few months, portends even more performance improvements to come.
Let us hope. I recently received information from the Legislative Finance Committee LFC noting very weak performance in state tax receipts and overall revenue. It is very early, but if that trend continues we may be looking at no new funds or worse, another cut next year. That only highlights the importance of doing all we can to generate resources from our other sources of revenue—private giving and enrollment improvements. I too will try to take a day or two.
My son will be doing an internship in Santa Fe and I hope to do a fishing trip or two with him. Joan and I hope to get to Maine at some point to spend time with our daughter, granddaughter, and son-in-law. Summer in Maine is not bad.
Our granddaughter, Mabel, is playing T-Ball for the first time and that should be interesting. I try to see the St. Louis Cardinals play at least once each summer. Photo by Margaret McKinney. Photo by Joan Minner. I hope everyone had.. All the best, my colleagues,. A brief update of activities for the week of Monday, March 7-Friday, March A brief update for the week Monday, February Friday, February We also discussed the issue of promoting a friendlier and more efficient campus environment and what we might do to work on that.
I have attended many of these types of meetings. Some I thought were a waste of time and some I thought were at least somewhat valuable. Personally, I thought this one was worthwhile. In my view, you are wither trying to improve yourself and function more effectively as a team or you are not. If you are not, things might improve over time as you get to know each other better and trust within the team improves, but again, in my experience, it mostly does not work that way.
Things are too busy each work day and at the end of those days, people have little or no energy left for reflection or thinking deeply about how things are going on a macro level. My opinion only—reasonable people might disagree. I built in enough time for people to tour the refuge and see the sites and most people did that. Many thanks to Dr. Joe Zebrowski for his kind assistance to make all this happen.
Many of you know the Refuge, but for those who do not, it is a fabulous local asset. It encompasses about 4, acres and was designated as a refuge in The U. I should also note that the Pueblo Pojoaque owns and manages a herd of bison there.
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According to The College Board, tuition and fees for public four-year schools rose percent between the —85 school year and —15 school year. He found out that he lost his job as a sales training manager for a Silicon Valley tech company only a few days ago. In addition, he lives on Long Island, where housing is expensive. His ex-wife works as a teacher and she has car and mortgage payments. He added that helping them pay for graduate school is definitely not an option. Department of Education.
She says she was the first in her family to go to college and graduate. Her parents, who emigrated from Puerto Rico, did not graduate from high school. I went to [New York University]. I took out a student loan and I worked on campus. Salerno says it would be a mistake to treat student debt like other kinds of debt, such as credit card debt. She has worked for the company for 38 years and her husband, Verne Camenga, is a lab technician at Kraft Inc.
One of her daughters attended Nazareth College in Rochester, which was particularly expensive for the family. Senators continue searching for a way to extend a key nuclear production tax credit as the clock ticks for utilities to decide whether to continue or abandon construction on delayed and expensive reactors at two plants in the South.
Under current law, nuclear reactors can only receive the production tax credit if they become active by Dec. But Senate backers of the same language have yet to pass it and are exploring options ranging from advancing a stand-alone bill, which is still stuck in committee, to tacking a rider to must-pass legislation. Lindsey Graham R-S. Senators have a few potential vehicles. One is the must-pass Federal Aviation Administration reauthorization.
Tim Scott, said last month he was considering it a vehicle for the nuclear tax bill, S. The language could also go into an end-of-the-year spending measure or even an infrastructure package, said Jeremy Harrell, policy director at the ClearPath Foundation, a conservative clean energy group. He noted that the House's fast-tracked approval of its version of S.
Securing the incentive now is critical as Southern Co. The utilities have stepped up to take over completing Plant Vogtle and V. Summer following the bankruptcy of mega-contractor Westinghouse Electric Co. Westinghouse's financial troubles are directly tied to those projects, which were already years behind schedule and billions of dollars above their forecast budgets.