Saturday, September 13, 2014

He made his fortune capitalizing on our sugar addiction, now he's going to pot!

One thing you can say about Obama supporter Warren Buffet: he knows how to make a buck. Bloomberg News:
Buffett, 84 and the world’s third-richest person, amassed his fortune through Berkshire’s acquisition of companies such as Dairy Queen and See’s Candies, and by taking leading stakes in others, such as Coca-Cola Co.

So what now? Pot, of course!
Ice cream, candy and soft drinks helped make Warren Buffett a billionaire. Now a subsidiary of his Berkshire Hathaway Inc. is seeking to profit from pot.

Cubic Designs Inc., a unit of Berkshire’s MiTek business that makes platforms for maximizing usable floor space in warehouses, sent about 1,000 fliers to weed dispensaries in recent weeks, offering to help growers expand the number of plants they cultivate.

Read more here.

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