Jul 14, 2014, 12:11 pm EDT
Marijuana stock Enertopia (ENRT) boomed Monday morning thanks to the approval of medical marijuana in Burlington, Ontario.
The company announced that the city of Burlington has legalized the cultivation, production and sale of medical marijuana in zoned locations. Toronto had already legalized the sale of medical marijuana but Burlington had yet to open a facility until now.
“It needs to be mentioned that there was no negative feedback during the public hearing process, a true testament to growing acceptance of Medical Marihuana being used as a medicine for people in pain or other chronic conditions,” said Robert McAllister, CEO of Enertopia Corp. Read
Jul 10, 2014, 11:29 am EDT
The amount of government waste in 2013 was still sky-high as the U.S. made roughly $100 billion in improper payments.
This massive figure includes a number of improper payments such as unqualified tax credits, unemployment benefits given to citizens who are employed and medical payments for those who don’t need it.
The U.S. government waste can be attributed mostly to overpayments which account for roughly $97 billion. About $9 billion in underpayments also occurred. Read
Jun 30, 2014, 11:44 am EDT
In a 5-4 decision handed down on Monday, the U.S. Supreme Court ruled in favor of a company that objected to paying for workers’ birth control under an Affordable Care Act mandate.
Hobby Lobby, owned by a Christian family, argued that forcing it to pay for birth control under employee health insurance infringed on its religious rights. The court’s conservative justices agreed, finding that closely-held companies like Hobby Lobby would have their free exercise of religion mitigated by the law, USA TODAY notes.
However, the majority limited the scope of its ruling to companies owned by a small group of people, like Hobby Lobby. The majority also noted that the Obama administration has already created a work-around to provide contraceptive coverage to women who work for religious non-profits, under which insurers pay for the birth control. Read