Author: nick

[ad_1] When Missouri legalized recreational marijuana in 2022, it put laws on the books to prevent monopolization of its weed market. Now, one cannabis provider is allegedly skirting these regulations to take over the state’s market and establish a monopoly, according to two recent lawsuits filed within weeks of each other.  The first suit was filed in April by Local Cannabis and VIBE, two Missouri cannabis wholesalers, accusing Arkansas-based marijuana company Good Day Farm of using its employees and 48 different LLCs to circumvent Missouri’s marijuana licensing cap. The second case, filed in May by Damon Frost Jr., a Missouri…

[ad_1] Ray Dalio joins the privacy debate, saying Bitcoin’s full transparency makes it less likely to be adopted by central banks. What to know: Ray Dalio joins the privacy debate, saying Bitcoin’s full transparency makes it less likely to be adopted by central banks. He added that bitcoin’s correlation with tech stocks and relatively small market size put it at a disadvantage compared with gold as a reserve hedge. Bitcoin’s transparency was once considered one of its greatest strengths. Now, Ray Dalio says, it may be the very reason central banks won’t adopt it as a reserve asset, even though…

[ad_1] During my recent trip to Italy, I did a talk on “The Legal Battle Against Trump’s Tariffs” at the Bruno Leoni Institute in Milan. BLI is a leading Italian libertarian/classical liberal think tank. I covered the legal issues in the case, currently ongoing litigation over Trump’s new Section 122 tariffs, and also some broader implications for emergency powers, the rule of law, executive power, and other issues – including some points specifically relevant to European. The video of the event is available below. The first 3-4 minutes (in which Italian political scientist Alberto Mingardi, Director General of the Bruno…

[ad_1] An already controversial settlement of President Donald Trump’s lawsuit over leaked tax files would permanently halt existing tax audits of Trump and several associates. The Justice Department announced the move May 19, a day after releasing details of a $1.776 billion fund to pay for claims of federal government “weaponization.” Critics have called it a “slush fund” for Trump supporters, such as those convicted of, and later pardoned for, crimes during the Jan. 6, 2021, storming of the U.S. Capitol.  The fund was designed to resolve a $10 billion lawsuit by Trump and his sons Donald Jr. and Eric…

[ad_1] From today’s Ninth Circuit 2-1 panel decision in Doe v. Ventura Unified School Dist., by Judge Richard Paez and Consuelo Callahan: [1.] To proceed pseudonymously, a “plaintiff must show both (1) a fear of severe harm, and (2) that the fear of severe harm is reasonable.” These are the “two most important factors,” id., because a plaintiff must establish “a need for the cloak of anonymity.” The district court’s determination that Doe failed to show she reasonably feared severe harm was not an abuse of discretion. Doe’s interactions with public officials do not establish that the media or community…

[ad_1] The U.S. Department of Justice indicted former Cuban President Raúl Castro on Wednesday for his 1996 order to shoot down two planes from Brothers to the Rescue, a Cuban-American organization involved in dropping anti-communist pamphlets over Havana. Why reopen a 3-decade-old murder case now? The Trump administration has made no secret of the fact that it wants to overthrow the Cuban government—and is willing to go to war to do so. While President Donald Trump and Secretary of State Marco Rubio issue thinly veiled threats to Cuba, administration officials have been anonymously telling the press that yes, they mean…

[ad_1] A photo of a sunglasses-clad President Barack Obama casually chatting up then-Cuban President Raúl Castro at a 2016 baseball game resurfaced on social media after the U.S. indicted Castro on May 20. Acting Attorney General Todd Blanche announced the indictment of the 94-year-old Castro for the 1996 shootdown of two civilian planes just north of Cuba’s airspace that killed four people, including three U.S. citizens, from the Cuban exile humanitarian group Brothers to the Rescue.  Castro was defense minister at the time of the shootdown, and the indictment said he “authorized the use of deadly force.” The current Cuban…

[ad_1] In the 2024–2025 school year, 60.2 percent of grades awarded at Harvard were A’s, according to the school’s Office of Undergraduate Education. For context, only a quarter of undergraduates received A’s two decades ago, reported The Harvard Crimson.  Harvard students are undoubtedly bright, but should professors be giving them that many A’s? According to Harvard’s new grade inflation policy, no. On Wednesday, the school’s faculty voted 458–201 to put a 20 percent cap on A grades starting in the 2027–2028 school year, reports the Crimson. The plan, the outlet reports, would also allow for professors to give four additional…

[ad_1] Last October, Minnesota state Sen. Matt Klein (D–Mendota Heights) wagered $50 on the prediction market Kalshi that he would win his congressional primary this August. After Kalshi flagged the bet, Klein was fined $539.85 and received a five-year suspension from the platform in April.  While he tried to frame his experience as similar to that of “many other Minnesotans,” there should have been no ambiguity to Klein that his actions ran afoul of Kalshi’s rules and federal regulations against insider trading. Rediscovering his morals, Klein then co-authored a bill in the Minnesota Legislature to ban prediction markets in the…

[ad_1] The US intelligence community believes that Iran is reconstructing its military facilities at a surprising pace.  CNN reported on Thursday, speaking with four US officials familiar with intelligence that indicates that Iran has rebuilt its military production facilities faster than estimated. Two sources said that Tehran has already started producing new drones.  While President Donald Trump and other top US officials have claimed that Iran was nearly militarily defeated during the first five weeks of the war, multiple intelligence leaks to the press suggest that Tehran retains most of its critical military resources.  Over the past month, sources said…