Lemonis my name is marcus lemonis. On my show, the profit, i invest my own money in all kinds of companies. Everythings going to change. Everything. And help turn their fortunes around. Marijuana isnt my thing. Ive never even considered investing. Is the business easy for you . Andrea hell no. Theres nothing easy about this industry at all. Lemonis but the market here could reach 6 billion, and thats impossible to ignore. Adam we have this opportunity to create onceinalifetime, multigenerational wealth. Lemonis the risks are huge. Youre in a room filled with what the federal government considers illegal. Jeanette thats what makes it more exciting. Lemonis but so are the returns. Whats the end goal for you . Dan selling my company for 120 million. Lemonis im here to take you on a journey and show you where the profit is in pot. Im here in Desert Hot Springs, california. Now, many of you have probably never even heard of it. Its the forgotten son, the neighbor, to palm springs, where the
Sunshine and heat we expect on the way. How . Yeah. Another hot one. Just like this weekend. Youre going to be breaking a sweat stepping outside this afternoon. So get out there this morning while were still nice and mild for most areas, little taste of fog right down in the bay. But its pretty limited where youre seeing it from the east bay hills, which is normally one of our very fogged in views. Looking at a nice clear view, just that fog are right around the Golden Gate Bridge a few spots of the north bay. Otherwise temperatures are already quite mild. Some of us like brent would end up in vacaville, not even falling out of the 70s during your overnight hours. 50s 60s for the rest of us. So light jacket kind of stuff this morning. Moving into the afternoon. A couple spots make it to 100 degrees inland. So a whole lot like yesterday was 80s and 90s for most of the rest of us. Ill get to all those details in the forecast as we go. Reyna harvey standing by to look at the roads. Whats
Yesterday, but again we were talking about Massive Gains not just through the month of july but year to date as well well continue to keep an eye on this if youre watching treasury yields, this is where you would anticipate seeing moves if there were a downgrade if people were afraid of rushing into this. But it turns out u. S. Treasuries are still a safe haven and why the yields are still a bit lower. The 2year note trading at 4. 86 . Of course, all that related to what were seeing. Talk about the downgrade because it is our top story. Theyre citing what theyre calling an erosion of governance Emily Wilkins joining us now good morning to you. Good morning, andrew. Yes, shocking news yesterday at least for some of those in the Biden Administration seeing that downgrade in the u. S. Credit ratings from a aaa to a aplus this is only the second time the u. S. Credit rating has been downgraded like this treasury secretary janet yellen is quickly depending the Biden Administration she says
and the products are then sold to the uk. it s not illegal and does not breach the uk s russian oil ban, but critics say it undermines sanctions aimed at restricting russia s war funds. mai rosner leads the ukraine project at the charity global witness which is behind some of the research. she told me about the implications of the loophole. what it means is that countries like india and china and turkey are importing millions and millions of barrels of russian oil, which they then process into fuel products like diesel, jet fuel and gasoline. those products are then sold on to the west to countries that directly embargo russian oil. this means that western countries like the uk are still linked to supply chains that are fuelling kremlin revenues through these oil purchases and that uk flights and cars are still running on products that are derived from russian oil. how much money is that putting into the war chest for moscow, given that there is a reliance and some countrie