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Cannabis CEO Calls for Reform

Ben Kovler, the Green Thumb Industries Founder and CEO joins Bloomberg Open Interest to break down why federal rescheduling of cannabis could transform the $30B industry overnight. From blocked access to capital markets to booming consumer demand, he explains how outdated regulations are slowing growth, and why change could unlock massive opportunity, especially for research and veterans.

Read more: Cannabis CEO Calls for Reform

Bloomberg

Airlines Face Massive Fare Surge: Analyst

Airlines are heading toward consolidation as soaring jet fuel prices threaten weaker players and could push fares up as much as 30%. Meanwhile, defense spending is booming globally, but contractors face political pressure, capacity limits, and uncertain profits. Sheila Kahyaoglu, Senior Equity Research Analyst at Jefferies joined Bloomberg Open Interest to break down why the aviation and defense industries are at a critical turning point.

Read more: Airlines Face Massive Fare Surge: Analyst
Bloomberg

Hedge Funds Get 'Gazumped' in New Poaching Strategy

The fight for talent in the hedge-fund industry has reached new extremes, with hedge funders using maneuvers like "gazumping" to grab more money for themselves, resulting in a vicious price spiral. Just how much gazumping is going on is unclear, but recruiters say some traders now are securing pay packages of $50 million or more. Clients end up footing the bill for these practices through opaque "passthrough" fees. Bloomberg's Tom Metcalf reports.

Read more: Hedge Funds Get 'Gazumped' in New Poaching Strategy

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