Stevie Kaye
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In The News
NFL's Clint Johnson Joins Cannabis Advocacy Group, Says Helping Others Is 'Lifelong Mission'
Athletes for CARE recently hired Clint Johnson, former football player for the Atlanta Falcons (NFL), Edmonton Eskimos (CFL) and Notre Dame.
Johnson will be the organization's Director of Development.
Athletes for CARE is focused on advocating for research, education, and compassion around health issues, with a focus on cannabis. Johnson will bring a wealth of experience from a dynamic career focused on the growth, development, and expansion of organizations that directly benefit the community, to his role at Athletes for CARE.
Entrepreneur
The Week In Cannabis: GrowGeneration’s Spike, Big Earnings, Stocks In Decline, And Dutchie’s Funding
GRWG) managed to close in the green, with gains of 24%. This still meant giving up some of the gains accrued between Aug. 12 and Aug. 19.
The rally started last Friday when the grow supplies company reported its second-quarter financial results, establishing a new revenue record for the tenth consecutive quarter.
GrowGeneration continued to spike on Monday after Jim Cramer interviewed CEO Darren Lampert on CNBC, describing its business model as the “most exciting” he’s seen in retail.
Following a five-day rally, GrowGeneration’s stock hit a peak of $22.30 on Wednesday, and commenced a small decline as excitement around its earnings wore off and some investors looked to take profits. On Friday, shares took a dive of more than 9% after Hindenburg Research published a report arguing the “Euphoric Retail Stock Has The Brightest Management Red Flags” that analysts have “ever seen,” saying downside surpasses 70%.
Benzinga
With CFL season scuttled, Bergman enjoys 'just being a dad'
The silver lining for Norfolk County native Shane Bergman in COVID-19 upsetting plans for the 2020 Canadian Football League season is the extra time he got to spend with his nine-month-old son, Asher.
The season, originally scheduled to begin in June, was officially cancelled this week.
The CFL had asked the federal government for a $30-million interest-free loan with the intention of creating a hub city (Winnipeg) to host games with no spectators. But the loan was turned down and the CFL put the brakes on plans for a six-game regular season, followed by playoffs and a Grey Cup.
“I had no idea what was going on with those talks between the CFL and the federal government,” said the offensive lineman for the Calgary Stampeders. “I didn’t know about the final decision but I thought it was going (to be cancelled) just because it took so long. It was inevitable.”
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