The 7th Trillion Dollar Company?

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

VIDEO: Huge Cannabis March In Brazil As Supreme Court Considers Decriminalization

Rolando García
June 17, 2024

Tens of thousands gathered in São Paulo, Brazil for the 15th edition of the Cannabis March, advocating for cannabis reform in Brazil. The event was part of a broader national movement pushing for cannabis legalization in the world’s 8th largest economy.

Motivation Behind The March

This year’s theme, “Anti-prohibitionism for Class Reasons – Reparation by Necessity,” stressed the need to end the war on drugs. “People from all walks of life use and sell drugs, but only some are stigmatized or criminalized.” The march strategically was held days before a crucial Supreme Court session that might reconsider broadening the decriminalization of cannabis for personal use.

Luiz Fernando Petty, a significant organizer, drew inspiration from societal injustices and Chico Science’s music for this year’s theme. Petty said the theme was meant to open discussions on issues such as racial and gender inequalities, mental health and diversity.

“The drug war primarily affects Black bodies, thus we focused on reparations—a key concept in the anti-racist movement. Anti-prohibition aims to liberate these oppressed groups and contemplate the consequences for those affected by this war,” Petty told Brasil de Fato. “Cannabis is legalized in Brazil. For those who have money,” pointing out the economic disparities in legal access.

Associated Press

Cannabis Regulations

Brazil still has stringent cannabis laws, with harsh penalties for offenses and prohibition against cultivation, including non-psychoactive hemp. However, since 2006, some progress has been made, such as decriminalizing small amounts for personal use, which leads to community service or educational programs rather than jail time. Driving under the influence is treated severely though.

On the medical front, Brazil has recognized the therapeutic benefits of cannabis, allowing the import and use of certain pharmaceuticals since 2015 under strict regulations. Yet, cultivation for any purpose remains illegal, underscoring the complex and often contradictory nature of cannabis laws in the country.

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