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Today's edition is sponsored by Range. Their CFPs and CPAs build wealth plans where the tax strategy and the investment strategy actually talk to each other. Their support keeps these briefings free and focused on what actually matters.
Cannabis produced its first true hostile takeover attempt yesterday. Curaleaf put a $272 million offer for Aurora Cannabis directly in front of shareholders after two private letters went nowhere, and Aurora answered with a special committee. The hemp beverage bill introduced Monday picked up the endorsement that changes its odds, from the wholesalers and retailers who already run the alcohol aisle. In Roanoke, a judge heard arguments that will decide whether Virginia's 2-milligram cap reaches shelves on Saturday. A Madison Heights parking lot, meanwhile, is showing Michigan what happens when a city makes surveillance a condition of selling cannabis.
🏢 Curaleaf calls the shareholders directly
🥤 The alcohol aisle signs on
📸 A parking lot with a long memory
It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest.
You're Invited: Investing Moves to Boost After-Tax Returns
You've worked hard to fund your portfolio — your investment strategy should work just as hard to maximize your after-tax returns. On August 20, join Range's CFPs and CPAs live for the practical moves that put more of your returns back in your pocket.
What we'll cover:
• Investment moves to maximize your after-tax returns
• How tax-loss harvesting can lower the taxes you owe
• When direct indexing works (and when it doesn't)
• How to build a diversified portfolio that reduces tax drag.
Range is all-in-one AI wealth management — tax, investments, retirement, and estate in one place. Bring your questions for the live Q&A. Free to attend, and seats are limited.
This webinar is for informational purposes only and does not constitute investment advice or a recommendation to buy, hold, or sell any security. Forward-looking statements involve risks and uncertainties. Past performance is not indicative of future results. Range defines "high earners" as households with income over $300k.