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Best long-term reward vs. risk in cannabis is $VRNO.

Position: Long VRNO (S)

Today I’m going to speak from the heart, and tell you that we’re ruled by f…..g imbeciles.

AI is a perfect storm of failed concepts and organizations, and the apex of the Era of the Business Idiot, an epoch where we’re ruled by people so thoroughly disconnected from the actual workforce that it was inevitable that a technology would be created specifically to grift them.

Just ask Aaron Levie, CEO of Box: 

CEOs are uniquely prone to AI psychosis because they’re sufficiently distant from the last mile of work that still has to happen to generate most value with AI.

LLMs are dangerous for many, many reasons, but the under-discussed one is how well they play to a certain kind of executive imbecile. Generative AI is — to quote Mo Bitar — really good at doing an impression of work, much like most managers and c-suite executives, and even if it’s completely incapable of doing something, it’ll absolutely say it can and tell you you’re amazing for suggesting it.

And that’s why Business Idiots love it.” 

– Ed Zitron 

Here is more, read on:

Revenge of The Business Idiot

Position: None

Thanks goodness that I heard on the noon show (Slink) that the consumer is well:

Position: None

I am adding to my cannabis exposure and buying July (monthly) $4 calls.

I like the risk/reward.

Position: Long MSOS common (L) and calls (S) 

BREAKING: Micron stock, $MU, officially hits $1 trillion in market cap for the first time in history.

12 months ago, this stock was worth just $70 billion. pic.twitter.com/MDJxggjRKi

— The Kobeissi Letter (@KobeissiLetter) May 26, 2026

Position: None

Potential “outside day” for $MS and $GS.

Both made all-time highs and are now lower on the day.

Position: Short MS (M)