Diet Weed Alert & $300M to Kyiv

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Heyo, reader! We hope you’re having a good Wednesday morning!

2️⃣ This Morning’s Two Reports:

  • 🚨 Over 10% of High School Seniors Experiment with 'Diet Weed': Delta-8 THC Spotlight

  • 🛡️ US Rushes $300M in Emergency Military Aid to Ukraine Amid Munitions Crisis

📊 Market Snapshot

  • DOW: 🔼 0.61% (39,005.49)

  • S&P 500: 🔼 1.12% (5,175.27)

  • NASDAQ: 🔼 1.54% (16,265.64)

  • BTC: 🔽 0.88% (71,475.90)

  • ETH: 🔽 2.10% (3,980.88)

📎 Market Clips

  • European stocks end up after U.S. inflation figures

  • Gold faces headwinds amid skepticism over Fed's rate reduction following inflation statistics

*Stock numbers as of market close, cryptocurrency as of 8:00pm EST yesterday. Source for Market Clips.

First Report

🚨 Over 10% of High School Seniors Experiment with 'Diet Weed': Delta-8 THC Spotlight

In a surprising revelation, more than 11% of high school seniors report using delta-8 THC, a compound akin to marijuana yet legal under a loophole in the 2018 farm bill, leading to its nickname "diet weed" or "weed lite." This significant figure emerges from a study published in the Journal of the American Medical Association, conducted by the Keck School of Medicine at the University of Southern California. Utilizing data from the Monitoring the Future survey, which collected responses from February through June 2023, researchers uncovered the growing popularity of delta-8 THC among teens. Despite being chemically similar to delta-9 THC, the main psychoactive component in marijuana, delta-8's effects are purportedly milder, though research remains scant. The study’s findings suggest a curious trend of substance exploration among high school seniors, further emphasized by nearly 31% admitting to marijuana use in the past year. The legal gray area surrounding delta-8, resulting from the farm bill's omission, has facilitated its availability, especially in areas where marijuana remains illegal, highlighting an unexpected consequence of the legislation. 🍃🔞

TL;DR ⏳: Delta-8 THC, known as "diet weed," is used by over 10% of high school seniors, exploiting a legal loophole with uncertain health impacts.

Second Report

🛡️ US Rushes $300M in Emergency Military Aid to Ukraine Amid Munitions Crisis

The White House has stepped in with a $300 million stopgap military aid package for Ukraine, addressing the critical shortage of munitions as the country continues its struggle against Russian forces. This urgent aid, revealed by Pentagon officials, comes as existing funds for replenishing US weapon stocks dip $10 billion below zero, highlighting the intense pressure on American military resources. Despite this, the move marks a significant effort to support Kyiv, facing a dire situation on the frontline without enough ammunition to counter Russian advancements effectively. 🇺🇦 💵

TL;DR ⏳: Amid a munitions shortfall and stalled financial support due to political deadlock, the US commits $300M in vital military aid to Ukraine.

📜 The Corner

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⚡ Quick Hits

  1. 🇺🇸 Biden secures nomination while Trump narrows the gap, signaling the start of the general election

  2. 🚓 Uvalde police chief to step down after independent probe

  3. 🏛 GOP's Ken Buck announces resignation from Congress next week

  4. 🥣 California bill seeks to ban artificial dyes in school foods

  5. 👥 Aaron Rodgers, Jesse Ventura named in RFK Jr.'s VP considerations

  6. 🚨 Andrew Tate arrest linked to false livestreamer tip on departure from Romania

  7. ✈️ Passenger recalls turbulence: 'Bounced off the roof' on flight to New Zealand

  8. 💰 Reddit targets $6.4bn valuation with upcoming IPO

  9. 🕵️‍♀️ Suburban mom led theft ring, stole $8M in makeup for resale, say authorities

  10. 👶 Babies R Us to open in 200 Kohl’s stores nationwide

Games

Fun Fact: Did you know? In space, astronauts can't use regular stethoscopes because there's no air to carry sound. So, they have a special stethoscope that works by touching their bones to check health. Pretty cool space doctor trick! 🌌👨‍⚕️

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