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Transcripts For CNBC The Profit 20240712

In a place with a mysterious name, the emerald triangle. At its heart, the infamous humboldt county, with thousands of illegal pot farms. We are the center of Marijuana Production right now. In the United States . Yes, the United States. But thanks to a new law, things are changes. Proposition 64 has passed in california. Lemonis as of new years day, any adult can buy pot here without a prescription, and the black market is starting to go legit. Im marcus lemonis. This summer, i traveled to l. A. Were ending prohibition and were mainstreaming pot. And the desert. Did the vote passing increase the odds of you becoming a billionaire some day . Absolutely. Now ive come to where it all began and where the money is pouring in. So all the real estate you work on is for the Marijuana Industry . Yeah. Its going to be a huge market. Californias now the largest Legal Marijuana market in the world. Will the feds step in and try to stop it, or is it time for me to invest . My journey began on the

Transcripts For CNBC Power Lunch 20240712

Hi, everybody hello, melissa its great to be with you, sort of, here back in the kitchen the s p at its highest level in about a months time. You have amazon, you have apple, youve got alphabet. Aaa right there. Facebook and netflix as earning season kicks off this week the big banks starting tomorrow. Lets get to bob for more. A little bit of a milestone just about 40 minutes or so ago. We turned positive for the year on the s p 500 i know its hard to believe we started the year on the s p about 3231 were a bit below that we did hit it about 40 minutes ago. We positive for the year the low for the year, 2191 that was on march 23rd the high, february 19th, 3393. Were still below that but not by an awful lot. Quite a remarkable run if we with close over 3232, that will break out to its highest level since february the bottom line is markets on an upswing here tyler told you about the new highs if faangs. Some of the stay at home names. Walmart x costco clorox also intraday high. Were ta

Transcripts For RT Boom Bust 20240712

This comes as regions across the country allowed for more businesses to reopen and with an increase in Consumer Spending well President Trump wasted no time celebrating the government report and took a victory lap as he said the recent number proves the countrys economy is roaring back todays announcement proves that our economy is roaring back its coming back extremely strong all coming back coming back faster bigger and better than we ever thought possible these are the numbers these are not numbers made up by me these are numbers and as i said you are going to have a fantastic 3rd quarter it will be the 3rd quarter the likes of which nobody has ever seen before in my opinion. And the good thing is the numbers will be coming out just prior to the election so people will be able to see those numbers the 4th quarter like was will be extremely good and maybe most importantly from the standpoint of our country itself next year will be. Stuart year next year is going to be an incredible y

Transcripts For RT Boom Bust 20240712

This comes as regions across the country allowed for more businesses to reopen and with an increase in Consumer Spending well President Trump wasted no time celebrating the government report and took a victory lap as he said the recent number proves the countrys economy is roaring back todays announcement proves that our economy is roaring back its coming back extremely strong its all coming back its coming back faster bigger and better than we ever thought possible these are the numbers these are not numbers made up by me these are numbers and as i said you are going to have a fantastic 3rd quarter it will be the 3rd quarter the likes of which nobody has ever seen before in my opinion. And the good thing is the numbers will be coming out just prior to the election so people will be able to see those numbers the 4th quarter like was will be extremely good and maybe most importantly from the standpoint of our country itself next year will be. Historic year next year is going to be an in

Transcripts For RT Boom Bust 20240712

Up the latest job numbers are out but actually show where the economy is today. That would take a lot of. Catching up to the global market. Its thursday and the numbers are in for u. S. Unemployment well according to the Labor Department the country saw a job gain of 4800000 for the month of june while unemployment fell to 11 percent this comes as regions across the country allowed for more businesses to reopen and with an increase in Consumer Spending well President Trump wasted no time celebrating the government report and took a victory lap as he said the recent number proves the countrys economy is roaring back todays announcement proves that our economy is roaring back its coming back extremely strong all coming back coming back faster bigger and better than we ever thought possible these are the numbers these are not numbers made up by me these are numbers. They said youre going to have a fantastic 3rd quarter itll be the 3rd quarter the likes of which nobody has ever seen before

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