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Daily Archives: June 3, 2022
VIDEO: The Weekly Weed Report (05-31-22) – Investing Daily – Investing Daily
Posted: June 3, 2022 at 12:13 pm
Welcome to my latest video presentation. The article below is a condensed transcript; the video provides additional details as well as several charts.
For decades, the establishment waged a relentless propaganda war against marijuana. Consider this 1905 Washington Post article, in which an anthropology professor describes his experimental smoking of marijuana and the symptoms that he claims to have experienced:
Everything seems to move around the smoker, this whirl becoming faster and faster, until all sense of his surroundings is lost
The next step of his intoxication is full of terrors. Troops of ferocious wild animals march before the vision of the smoker. Lions, tigers, panthers, and other wild beasts occupy his vision. The wild animals are then attacked by hosts of devils and monsters of unheard of shapes. The smoker becomes brave and possessed of superhuman strength. It is at this stage of the debauch that murders are committed by the smoker.
Mmmkay! Fast forward to 2022, and marijuana is increasingly legal, as well as lucrative and socially accepted. Based on New Frontier Datas latest analysis of state legalization campaigns, U.S. legal sales of recreational and medical pot (combined) are on track to exceed $72 billion on an annual basis in 2030. Lets look at the latest news in the mainstreaming of what used to be called the devils weed.
Marijuana and Federal Law. Several major cannabis companies, lobbyists, and investors are joining forces to sue the federal government over what they decry as unconstitutional policies harming their operations. Theyve retained a prominent law firm led by attorneys who have been involved in several highly publicized federal cases.
The marijuana companies, many of them large multi-state operators (MSOs), have retained the high-powered law firm of Boies Schiller Flexner LLP. David Boies, the firms chairman, boasts a long list of famous and powerful clients, including Al Gore and Jeff Bezos.
One of the goals of the coalition is repeal of a tax provision called 280E that prevents the marijuana industry from taking tax deductions that are available to any other non-marijuana company.
Among members of the coalition is The American Trade Association for Cannabis and Hemp (ATACH). The plan is to file lawsuits in federal district court sometime this summer.
Massachusetts. Adult-use marijuana sales in the Bay State have officially surpassed $3 billion (as of May 14), since the market launched in 2018, the states Cannabis Control Commission reported last week.
Massachusetts marijuana tax revenue is now exceeding that being generated from alcohol sales. Thats a welcome development for marijuana advocates who have long argued that marijuana is less harmful than alcohol and should be viewed as a favorable substitute.
Michigan. In a minor setback for the movement to legalize psychedelics, the East Lansing, Michigan City Council last week rejected a resolution to decriminalize psychedelics in the jurisdiction. The mayors office, city attorney, and local lawmakers expressed concerns about legal blowback of the reform proposal.
But the vote in Michigan represents a mere speed bump for the fast-growing psychedelics industry. A slew of jurisdictions across the nation have decriminalized psychedelics, laying the groundwork for a new industry. In coming years, the psychedelics industry could capture a major slice of the $28.6 billion global antidepressant market.
New Jersey. One month into the implementation of legal marijuana in the Garden State, consumers have bought $24 million in recreational marijuana, state regulators reported last week. Jeff Brown, executive director of the states Cannabis Regulatory Commission, stated: Its really only a beginning, and I think it shows that theres a lot of growth left in this market.
Rhode Island. The governor of Rhode Island signed a bill last week to legalize marijuana, making it the 19th state to end prohibition. Gov. Dan McKee (D) signed the measure just one day after the legislature sent it to his desk. Adults 21 and older can now legally possess up to one ounce of cannabis in the Ocean State and grow up to six plants for personal use, only three of which can be mature.
Consumer Behavior. A recent study shows that younger generations are purposely choosing cannabis over alcohol. The study, conducted by New Frontier Data, underscores the argument of pro-marijuana advocates that pot is better for public safety and health than alcohol. Indeed, physicians increasingly make the claim that weed is far healthier than booze.
Read This Story: Marijuana and Money: An Insider Interview
Worried about inflation, recession, and rising interest rates? The trends Ive just described are resistant to short-term ups-and-downs. The mainstreaming of marijuana is making investors rich, in good times or bad.
Your portfolio needs exposure to marijuana stocks, but selectivity is key. Thats why I urge you to read my new book: The Wide World of Weed and Psychedelics. Its your definitive guide for making money in the thriving cannabis and psychedelics industries. Click here to get your free copy.
John Persinos is the editorial director of Investing Daily.
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VIDEO: The Weekly Weed Report (05-31-22) - Investing Daily - Investing Daily
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New Zealand PM Jacinda Ardern in Singapore for 3-day visit
Posted: at 12:12 pm
SINGAPORE New Zealand Prime Minister Jacinda Ardern is in Singapore from Monday (April 18) to Wednesday for an official visit.
She is accompanied by her partner Clarke Gayford, New Zealand Minister for Trade and Export Growth Damien OConnor and senior officials.
This is Ms Arderns second official visit to Singapore, following her first in May 2019. It is also her first official overseas visit since the start of the Covid-19 pandemic.
In a press statement on Monday, the Ministry of Foreign Affairs (MFA) said that Ms Arderns visit reaffirms the excellent relations between both countries, underpinned by the SingaporeNew Zealand Enhanced Partnership, which was established during Ms Arderns first visit to Singapore.
During her visit this week, Ms Ardern will attend an official welcome ceremony at the Istana on Tuesday and call on President Halimah Yacob.
Following that, Ms Ardern will meet and hold a joint press conference with Prime Minister Lee Hsien Loong. Mr Lee will also host her to an official lunch.
Ms Ardern will have a new orchid hybrid named in her honour during her visit, said MFA in its statement.
Ms Ardern will visit Japan after her trip to Singapore.
In a statement last Monday, the New Zealand Government said that the visits aim to reconnect New Zealand with two of its closest Indo-Pacific economic and security partners.
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Jacinda Ardern returns to New Zealand as the mood reverts to the mean – The Spinoff
Posted: at 12:12 pm
After a US trip that ticked all the boxes, the PM arrives to a more prosaic set of challenges and a familiar message from the polls.
Jacinda Ardern is New Zealands Gorbachev. That was the headline on the Australian edition of The Spectator this week. An improvement, at least, on the assessment of a US politician who six months ago called her a Lenin with hair, in league with satanic communists, or the fabulist headline in the reliably swivel-eyed Trump media bible Breitbart yesterday: New Zealand Socialist Jacinda Ardern, in Power After a Sham Election, Gets Warm Welcome from Biden.
Hyperbole notwithstanding, the Spectators central argument was uncontroversial. For Ardern, like a lot of leaders including the former Soviet president, there is a considerable disconnect between her high regard internationally and the discontent she is facing domestically. And with the exception of, say, the Spectator Australia, wingnut Republican state senators and Breitbart, thats true enough. At the end of a highly successful US trip which exceeded any reasonable expectations, the scene back in Aotearoa will be more prosaic, the mood grumpier. The adrenaline runs slower.
Labour Party president Claire Szab tried to harness some of the DC feel-good factor by firing out an email to supporters even as Ardern was making her way to the airport, praising our amazing PM, a landmark White House meeting and a hugely successful first trip to the US since Covid, as well as a a truly incredible speech at Harvard that no other world leader could have delivered. It was an opportune moment to shake the tin for donations, but the afterglow will be brief; in more ways than one, immediately upon landing Ardern goes from international to domestic.
While there may be more geopolitics than usual across the months to come an in-person meeting with Albanese is a priority and New Zealand will have an important part to play at next months Pacific Islands Forum for the most part the focus is local. Three Waters. Fair Pay Agreements. He Waka Eke Noa and the formula to bring farming into the Emissions Trading Scheme. Co-governance. The health system overhaul. Housing. And so on. Coursing through it all: inflation and the cost-of-living crisis.
The 2020 election was an aberration. There will be no Covid election sequel. MMP was built to avoid majority one-party governments. Elections are almost always close. The pandemic is not over, but politically were inching back to the norm. The last four opinion polls provide a clear picture, and its a picture of a knife edge. In most, but not all, of those polls, National and Act are a whisker ahead of Labour and the Greens. The Mori Party is suddenly being sighted wandering the halls of parliament with a shining crown under its arm.
With, say, 16 months to the election, the parties in parliament today all look likely to be returned.While Act might have lately bobbled up and down, in large part according to Nationals level of competence, David Seymour has hauled the party out of purgatory. Across the five elections before 2020, Act averaged less than 1.5% of the vote. Today, pending some calamity, theyre assured of a return to parliament, comfortably above the 5% threshold. The Greens, meanwhile, are defying naysayers and the gravity of small parties that support governments to sit around 10%. Neither Act nor the Greens has ever been part of a formal governing coalition in New Zealand. One will, Id wager, by the end of next year.
All of which means were in for an early start to the long season of pre-election rulings-out and bottom lines all round. A National government will hinge on Act support. A Labour government on the Greens. Reasonably enough, were going to want to get a sense of how they might look and what they would prioritise. The same goes for Te Pti Mori.
Its useful in that light to look not just at the individual parties in the polls, but for want of a better word the blocs. Take TVNZ-commissioned Colmar/Kantar polling, the most recent of which was this week: if you splice out the urn-shaped two worst years of the pandemic, you can see a kind of reversion to mean. True, New Zealand First isnt included, but you get the drift.
Another Labour message issued this week, one much less upbeat that Claire Szab's, came in the form of an attack ad on National leader Chris Luxon, zooming desperately into his face to upbraid a shortage of new policy announcements.
It contained at least a couple of clues to Labour's thinking. First, theyre moving already into campaign mode. Second, theyre determined to goad National out of the small-target strategy the approach that worked for Anthony Albaneses Labor Party in the Australian election. It might not make for exciting elections, but its not hard to see why Team Luxon would go the same way: steer away from big, sweeping pledges; talk about economic management; let the election be decided as a referendum on The State of Things.
From that standpoint, the most hopeful data point for Ardern revealed this week came in the Talbot Mills corporate poll, as published by the NZ Herald. That showed the "right track/wrong track" gauge moving in the governments favour, with 51% saying the country was on the right track against 40% picking the wrong track. The previous poll had 48% to 42%. It's still a much lower "right track" figure than the peak of the pandemic, when it was in the high 70s. But it could mean something. Or it might just be a burst of turbulence on the way back down to Earth.
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Matthew Hooton: Ardern decisively positions NZ with the US in a new Cold War – New Zealand Herald
Posted: at 12:12 pm
Prime Minister Jacinda Ardern meets US President Joe Biden in the Oval Office. Photo / Supplied
OPINION:
There is historic symmetry that it's a Labour Prime Minister who has decisively positioned New Zealand with Washington as the Great Game between the US and China unfolds, most especially across the Pacific.
It was the great Labour war leader, Peter Fraser, who forged the military alliance with the US after the fall of Singapore in 1942, which later led to Anzus in 1951.
Four decades later, it was another Labour Prime Minister, the brilliant but flawed David Lange, who broke the same alliance.
Just two years short of the 40th anniversary of Lange's election, Jacinda Ardern is the third Labour Prime Minister to be fated to have to choose sides in a Cold War. The symmetry between her and Fraser was noted by California Governor Gavin Newsom when he met Ardern in San Francisco last week.
If some Labour supporters are unsettled with how firmly Ardern has positioned New Zealand with Washington, some National supporters were similarly startled when party doyen John Key went on TV3's AM show on Monday and declared Beijing would be in the South Pacific "forever" and argued New Zealand should partner with them.
Fraser, Lange and Ardern's historic moves were more forced on them than planned.Fraser spent 1917 in jail for sedition, after criticising William Massey's introduction of conscription, before introducing it himself in 1940.
Lange never intended his anti-nuclear theatrics to cause our suspension from Anzus, but the mishandling of our informal invitation and the US's formal request for the USS Buchanan to visit New Zealand in 1985 meant he bumbled into it.
Ardern has always been more of an Americophile, with her Mormon background and semester spent at Arizona State University in 2001. Those present in their meetings say she even managed to build a professional rapport with former President Donald Trump.
Yet Ardern's earliest political experience was as a staffer for Helen Clark and Phil Goff when they were working towards the free-trade agreement with China, when the multilateral rules-based system was still operating adequately, and before Xi Jinping became President of China. Ardern became Prime Minister before Xi transformed himself into president-for-life and when Russia launching a full-scale invasion against a European state remained unthinkable.
The Prime Minister can never have expected it would fall to her to choose between Washington and Beijing, but choose she has, as clearly understood by the great powers. If Ardern's planned visit to China proceeds this year, it will, at best, be awkward.
Despite Key's insouciance, keeping less friendly great powers out of the South Pacific has always been one of New Zealand's major foreign policy goals. The United Tribes of New Zealand's communications with the British leading to the signing of Te Tiriti o Waitangi were partly about limiting French and American influence in Aotearoa. Fraser's alliance with the US and then Anzus were about keeping out Japan and Chinese and Russian communists.
In its 2021 Defence Assessment, the Ministry of Defence identified "the establishment of a military base or dual-use facility in the Pacific by a state that does not share New Zealand's values and security interests" to be the first of the most threatening developments to New Zealand's defence and security interests.
That is code for China and only the most naive observers could misunderstand the increasingly less long-term objectives behind its activity in the South Pacific, including the current 10-day jaunt through the region by Foreign Minister Wang Yi. Great-power foreign ministers don't visit island micro-states out of curiosity or carry gifts borne with altruism, but because they have strategic intent.
ACT's foreign affairs spokesperson, Brooke van Velden, put it best, when she asked Parliament of Foreign Minister Nanaia Mahuta on Tuesday, "Why is she still here and not visiting the Pacific?" Van Velden received no useful answer, although Ardern is set to announce a no-expenses-spared visit to New Zealand by new Samoan Prime Minister, Fiame Naomi Mata'afa, this month. Similar invitations should be extended to other Pacific leaders as soon as possible.
But van Velden is right that Mahuta should seldom be in New Zealand now that borders have reopened. Mahuta's background and connections make her perhaps the perfect New Zealand foreign minister to get on a plane and better Wang's Pacific swing.
So too should the Prime Minister plan a major tour of South Pacific capitals. Even her harshest critics know her interpersonal skills are unmatched. If anyone can trump Wang's goodwill tour it is Ardern and Finance Minister Grant Robertson, a former diplomat, surely also appreciates cash is needed to secure New Zealand's defence and security interests in the Pacific.
Looking ahead, Ardern has promised a Cabinet reshuffle before the end of the year. That would be routine in any government, but the polls demand she refresh her team.
Mahuta needs urgently to become a full-time foreign minister and is, in any case, perhaps the worst possible person to sell the Government's Three Waters proposals. That job will presumably fall to Robertson, because of his political skills and that Three Waters ultimately falls under his job as Infrastructure Minister.
Kiri Allen would be a potential replacement as Local Government Minister, but without Three Waters.
Elsewhere in the Cabinet, Police Minister Poto Williams has mature ideas about modern policing but Ardern will need a more traditional law and order conservative to front the portfolio in election year.
Kieran McAnulty could fulfil that role. Next in line for elevation, the Wairarapa MP clearly identifies with what remains of Labour's non-woke, provincial working-class bloke constituency.
With Covid now just one of several winter viruses putting the elderly and others at risk, expect Chris Hipkins' Covid-19 Response job to go back to ordinary health ministers Andrew Little, Peeni Henare and especially Ayesha Verrall.
Little has an enormous job ahead with his vision of centralising the health system. After his first jab at Pharmac this week, look for it to be fully integrated into Health New Zealand so that trade-offs can finally be made between pharmaceutical and more expensive and dangerous surgical interventions.
Ardern's trip to the US went as well as she could have hoped. On the business side, Trade Minister Damien O'Connor another more conservative, working-class Labour MP has won a big and perhaps surprising fan in his boss. Businesspeople accompanying Ardern were impressed that she opened doors to no less than Larry Fink, chairman and CEO of BlackRock, managing over US$10 trillion in investment funds. They are grateful for the publicity stunts she performed to promote their products.
A good week's work. But next week, of course, it's back to the price of cheese and deteriorating polls.
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Matthew Hooton: Ardern decisively positions NZ with the US in a new Cold War - New Zealand Herald
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Experts think China pulled punches in muted reaction to Jacinda Ardern-Joe Biden meeting – New Zealand Herald
Posted: at 12:12 pm
President Joe Biden and Prime Minister Jacinda Ardern in the Oval Office of the White House - China's reaction was muted. Photo / AP
China's reaction to Prime Minister Jacinda Ardern's meeting with US President Joe Biden was been relatively muted in the view of longtime China watchers - despite a Government spokesman accusing New Zealand of spreading "disinformation" as a result of the visit.
Ardern met Biden at the White House on Wednesday morning, New Zealand time.
The meeting produced a joint statement that noted New Zealand and the United States' close ties on matters of security and singled out China's recent inroads in the Pacific as concerning.
"We note with concern the security agreement between the People's Republic of China and the Solomon Islands," the declaration read.
"In particular, the United States and New Zealand share a concern that the establishment of a persistent military presence in the Pacific by a state that does not share our values or security interests would fundamentally alter the strategic balance of the region and pose national-security concerns to both our countries," it said.
After that meeting, China's foreign affairs ministry spokesman Zhao Lijian said the statement was a "hype-up" and had "ulterior motives to create disinformation and attack and discredit China".
University of Canterbury Professor Anne-Marie Brady, an internationally renowned expert on the propaganda system of the Chinese Communist Party, said there had not been much fallout from the meeting.
"It's a very bad look for the Xi Government to have got NZ-China relations to the point that they'll say their concerns in public," Brady said.
Brady said China's recent diplomatic push into the Pacific was beginning to look like an act of hubris, particularly after it failed to get Pacific island nations onboard with a cooperation agreement, which leaked last month, while Chinese Foreign Minister Wang Yi was touring the region.
"The Xi government's strategic overreach in the Pacific is turning into a diplomatic failure. They don't want the Chinese public to be raising questions about the failure of BRI [the Belt and Road Initiative - President Xi's key foreign policy platform].
"The Wang Yi trip to the Pacific has been a disaster for China. Almost every Pacific state he has visited has politely rebuffed the plan to create a cross-Pacific security agreement led by China that excluded New Zealand and Australia," Brady said.
Former diplomat, and former executive director of the NZ China Council Stephen Jacobi, who led programmes in New Zealand on BRI agreed the reaction from China was fairly soft.
"You've got to see [the reaction] in the context of the rivalry and strategic competition with the US," Jacobi said.
Jacobi said it was only the very end of China's official response to the meeting, which urged New Zealand to hew to its historically independent foreign policy, which was directly addressed to New Zealand, rather than jointly at New Zealand and the US.
"Of course this is the first thing they've said. We're going to have to watch to see if something else happens," Jacobi said.
Jacobi noted that he had spent the day at the China International Import Expo, where China's ambassador to New Zealand Wang Xiaolong had not once mentioned the growing tension between the two countries.
"The ambassador made no mention of it at all in his speech - which was focused on Chinese growth, the success of Covid, the opportunity for New Zealanders to do more business in China," Jacobi said.
He said there was no indication yet that China would look to apply informal sanctions against New Zealand exports. Australian exporters have struggled at times to get goods into China. It has often been presumed this is in retaliation at Australia's more hawkish stance on relations with the superpower.
"There is no suggestion that is a problem at the moment," Jacobi said.
"Of course, we just signed the FTA upgrade, which gives us new procedures to manage difficulties if they arise," he said.
He said the next step in the relationship with China was having a high-level ministerial visit, either the prime minister or the foreign minister. This was difficult at the moment given China's zero-covid policy.
"We have to maintain the direct discussion and engagement," he said.
Jacobi said China had some understanding for New Zealand siding with the United States on particular issues.
"We are who we are, right - we are a Western democracy. That's kind of what we do. The Chinese, however, are quite capable of reading between the lines on these things," he said.
University of Otago Professor Robert Patman agreed the fallout from Ardern's visit had been muted.
"The Chinese continue to make the distinction between Australia and New Zealand in terms of their respective relationships with Washington," Patman said.
He said that while New Zealand was close to the US, it was not in "lockstep" on certain issues like Australia was perceived to be.
"We have a different worldview from both Australia and the United States," he said.
Patman said this difference fed all the way into things like the recently announced Aukus security agreement between Australia, the US, and the UK. He said not being part of the agreement had benefits to New Zealand.
"It gives us a chance to diversify economically," he said.
Patman said Ardern's foreign policy appeared to recognise that China, as a superpower, was going to be involved in the region one way or another, so New Zealand would have to find a way to strengthen the democracies of the Pacific to respond to that challenge.
"We can't contain China, and nor can we take a top-down position, where we say to them 'we know what's best for you'... that's not going to work," Patman said.
"If you're a micro-state you've got opportunities. There's more than one game in town," he said.
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‘Seventy years of grit, grace and glory’: NZ tribute to Queen – Otago Daily Times
Posted: at 12:12 pm
The Queen is a woman "who smiles with her eyes" and relates easily to people from all walks of life, former Commonwealth secretary-general Sir Don McKinnon has told those at a service of tribute in Wellington.
Prime Minister Jacinda Ardern was among dignitaries marking the milestone of seven decades on the throne at St Paul's Cathedral in Wellington.
She was joined by the government's administrator Dame Helen Winkelmann.
Attention then shifted to representatives of the Defence Forces as they marched to the cathedral's altar.
The deputy Speaker, Cabinet Ministers, members of the diplomatic corps and members of the public were then formally welcomed to the service.
Bishop Duckworth reminded the congregation Elizabeth was just 25 when she became Queen, and during her 70 years of service "the world has changed dramatically".
"The Queen remains a symbol of our constitutional arrangements."
She has visited Aotearoa 10 times and laid the foundation stone of St Paul's Cathedral during her first visit, he said.
Former deputy prime minister and ex-Commonwealth secretary-general Sir Don McKinnon gave the keynote address, describing the Queen as "a remarkable woman" who was probably the most photographed person in the world.
He did not want to "upset the Buckingham Palace courtiers" with anything he said, recalling the regular meetings
He would always try to "have a laugh" with her and regularly discussed the All Blacks and other topics that would lighten the occasion.
"Her interests were far and wide" but talking about horses and cattle always engaged her interest.
"She had an immense knowledge of horse breeds all over the world."
This was a response he would expect from horse people everywhere, he said.
On Commonwealth Day a reception was always held at Marlborough House in London and he saw her genuine warmth and her ability to relate to people from all walks of life.
"Incredibly warm personality, very calm all the time, smiled with her eyes very vividly and serene when you think of all that was going on around her.
"Seventy years of grit, grace and glory," he said in conclusion.
Ardern did a short reading from an entry into Hansard in 1952 written by former prime minister Sidney Holland who attended the funeral of George VI, Elizabeth's father, and saw her write her signature as queen for the first time.
Holland observed in his Hansard entry that perhaps it was the start of a new Elizabethan era and Ardern said his words were prophetic as she has become the first monarch to be queen for 70 years.
The Queen had been staunch and a comfort during times of tragedy, she said.
It concluded with prayers and the singing of God Save the Queen.
The cathedral's bells rang as people left.
Overnight the UK began four days of pageantry, parties and parades to celebrate Queen Elizabeth's reign.
The first day included the traditional Trooping of the Colour and a flypast of 70 aircraft over The Mall and Buckingham Palace.
Senior royals joined the Queen on the palace balcony to watch the flypast.
However, at the end of the day the palace issued a statement saying the Queen will not attend a National Service of Thanksgiving at St Paul's Cathedral tomorrow because she was suffering "some discomfort" after a full programme earlier today.
The 96-year-old monarch has cancelled several appearances in recent months because of mobility issues.
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Skier Lindsey Vonn to ask IOC to give 2030 Olympics to Salt Lake City – Salt Lake Tribune
Posted: at 12:11 pm
Lindsey Vonn poses with her career's medals in the finish area after the women's downhill race at the alpine ski World Championships in Are, Sweden, Sunday, Feb. 10, 2019. Vonn, a Park City resident and the most decorated female skier in the world, will travel with a delegation from the Salt Lake City-Utah Committee for the Games to IOC headquarters in Switzerland to lobby for the 2030 Olympics to be held in Utah. (AP Photo/Marco Trovati)
| June 3, 2022, 12:56 p.m.
The group angling to bring the Winter Olympics back to Utah has found one sure-fire way to snag the attention of the International Olympic Committee during a meeting in Lausanne, Switzerland, later this month. Its bringing along Lindsey Vonn.
Theyll be paying a lot more attention to her than they will to us, Fraser Bullock, the president and CEO of the Salt Lake City-Utah Committee for the Games, half-joked Thursday after a committee board meeting at Vivint Arena.
Vonn, the most decorated female skier in history, will be part of the committees five-member delegation that is scheduled to meet with IOC members on June 14-16. The delegation, along with members of the United States Olympic and Paralympic Committee, will be making a final push to convince the IOC to designate Utah as the host of the 2030 Winter Games over the likes of Sapporo, Japan, and Vancouver, Canada.
The IOC is expected to narrow the field to one or two sites during a Dec. 5-7 meeting. The host of 2030, and perhaps 2034, will be announced during the IOC general session in Mumbai on May 31-June 1, 2023.
Last year, Vonn was one of 10 athletes named to the SLC-Utah groups strategic governing board, joining the likes of skiing icon Ted Ligety and gold-medal figure skater Nathan Chen. Vonn first competed in the Olympics in Salt Lake City in 2002 and she currently lives in Park City.
Local organizers want to emphasize that their bid is athlete-focused and athlete-driven. Catherine Raney-Norman, the SLC-Utah committees chair and a four-time Olympic speedskater, said having Vonn along will drive home that message.
The best part of my role is when I get to call the athletes and ask them to be a part of the Olympic bid process, Raney-Norman said. And she was instantaneously, Absolutely! How can I be involved? This is something Im passionate about.
And so just to have her as a part of this effort is amazing, right? And for her to be championing what were trying to do and to make time in her schedule to come with us. I think shes going to share an incredibly unique experience as an athlete, as a global leader in sport, as a champion of mental health. And I think its going to be a huge thing.
Vonn, 37, wont need many introductions at IOC headquarters, and not just because of her celebrity status. IOC President Thomas Bach invited Vonn, who retired in 2019, to join him in thanking the people of South Korea during the closing ceremony for the 2018 Olympics in Pyeongchang. In 2015, he expressed admiration for her determination after she won four World Cups in her return from a knee injury that kept her out of the 2014 Winter Games in Sochi. She finished her career with three Olympic medals.
Ninety percent of athletes being in this position would have said, OK, this is it. I would have loved to have another end to my career, but its finished, Bach told USA Today. To take this decision, to be back and to be back in this form, now being the most successful skier ever, its a great achievement.
Im really full of admiration.
Athletes from various nations including Pita Taufatofua, of Tonga, at left, United States' Lindsey Vonn, third from left, and Thomas Bach, president of the International Olympic Committee, fifth from left, pose during the closing ceremony of the 2018 Winter Olympics in Pyeongchang, South Korea, Sunday, Feb. 25, 2018. (AP Photo/Kirsty Wigglesworth)
Organizers of Utahs Olympic bid hope that still holds true.
A study released last month by the IOC reported Utah is one of two Olympic sites, alongside Vancouver, that still uses all of its venues. In addition, the 2002 Games were one of the few in Olympic history that netted a profit. Many of the people behind those Games, including Bullock are heading the push for 2030, and a recent report by the Kem C. Gardner Institute estimated the next Utah Olympics would have an economic impact of $3.9 billion.
Those are the qualities the local delegation, which also includes Nubia Pea, the director of the Utah Division of Multicultural Affairs, and Utah Games advisor Darren Hughes, will try to talk up during their June 13-16 visit.
Were going to go over there, Bullock said, to see if we can really utilize the strength of our bid to get continued serious interest in continuing a dialogue with the United States.
With so much ground to cover in such a short time, Vonns speed may prove as useful as her celebrity.
Whatever tools she uses, Bullock said he thinks shell be a valuable asset.
With Lindsey Vonn, [shes] the most successful female competitive skier in history and shes well known and well respected, Bullock said. And so her voice carries weight, and its important. And the fact that shes willing to take the time to go with us and spend time advocating for us shows that she believes that Salt Lake would be a great host.
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Decision to add women’s Nordic combined to Olympics approaches – Steamboat Pilot & Today
Posted: at 12:10 pm
In three weeks, the fate of gender equality at the Olympics will be decided.
Sometime during its executive board meeting on the weekend of June 24, the International Olympic Committee will decide if womens Nordic combined will be an Olympic sport. Nordic combined, which features ski jumping and cross country skiing, is the only sport in both the summer and winter Olympics in which women do not compete.
The decision, expected to come on June 26, is almost a decade in the making and will have serious consequences no matter which way the board sways.
Best-case scenario, the sport is included in the 2026 Olympic Games in Italy.
For a while, the worst-case scenario would be pushing that goal back yet another four years, but lately, there have been rumors circulating that there could be an even more drastic outcome.
In the aim for gender equality, adding women is one option and nixing the men is another.
Blake Hughes, the interim chief operating officer at USA Nordic, the governing body of Nordic combined and ski jumping in the United States, said even having the conversation about removing men is surreal and extreme.
That rumor started circling the last couple weeks, said Hughes. Its an even more frustrating way to just put a Band-Aid on something so they can fix inequality by taking mens Nordic combined out. I think its a quick and easy way for the older generation of men and women who are running the Olympic committee to force their hand and say, This is how were going to make it equal by taking mens Nordic combined out, which I dont think is appropriate at all.
I dont want to think about it, said USA Nordic womens Nordic combined head coach Tomas Matura.
Annika Malacinskis future is in the fate of the IOC executive board. The Steamboat Springs skier and womens national team member joined a large portion of the international womens Nordic combined community earlier this week with a collaborative social media post calling for the inclusion of the sport.
Malacinski said she hopes the posts inform more people of the upcoming decision and puts some pressure on the board by showing a lot of people have their eyes and ears on them. People can also express their opinions by reaching out to an IOC member.
I feel like everyones had very high hopes of it being in 26, and now that the decision is coming closer, I think its kind of scaring everyone, Malacinski said. It will be the end of womens Nordic combined if they do not put it in the Olympics.
National team members Tess Arnone and Alexa Brabec also hail from Steamboat Springs.
The men are set to compete in the 2026 Olympics, but the exclusion of women, or even the men, could start a domino effect that could add up to the end of Nordic combined.
Of course, there are many options in between the best- and worst-case scenarios, including the men competing in the Olympics, but perhaps the popularity of the sport declining due to inequality or the newfound insecurity of the sport. Women could leave the sport of Nordic combined for hopes of making an Olympic debut in ski jumping or another discipline, knocking back the sports progression and potentially dashing future hopes of Olympic inclusion. Without the option to compete in the Olympics, athletes may no longer have sponsors and may question the purpose of spending so much time, effort and money to compete at the World Cup level.
On paper, the decision to include womens Nordic combined in the Olympics appears obvious.
The International Ski Federation published a womens Nordic combined strategy in November 2016, which included a structured pathway for growth and a calendar marking anticipated milestones.
The strategy document says Nordic combined is the smallest of the Nordic disciplines, but its also an original sport, having appeared in every Winter Olympics, the first of which took place in 1924.
Five of the six milestones established in the strategy were met. In 2018, Rena, Norway, hosted the first-ever womens Continental Cup. Steamboat Springs hosted the second in December of that year. In early 2019, Lahti, Finland, hosted the Junior World Ski Championships in which young women competed in Nordic combined for the first time.
The next winter marked the first appearance of womens Nordic combined in the Youth Olympic Winter Games and the World Cup, and in 2021, womens Nordic combined was added to the FIS Nordic World Ski Championships docket.
However, the sport did not debut in the 2022 Olympics as initially hoped. The IOC denied the inclusion of the sport in 2018, due to a lack of athletes and not yet having a World Cup circuit, knocking the sport off its original trajectory. Nevertheless, the sport continued to grow and prove that it was worthy of inclusion on the biggest stage.
The IOC is pushing to equal participation: the same amount of women and men athletes, Matura said. I cant see why they wouldnt add womens Nordic combined.
Since 2015, the sport has grown from 77 registered athletes to 190, according to the 2022 progress report. While the decision has to be made now whether the women will compete in 2026, Hughes said the board should consider how the sport will continue to grow.
By the time we get to 26 in Italy, itll be ready to be in the Olympics, Hughes said. I believe its ready to be in the Olympics now, but for sure in four years.
Malacinski, who is the top American womens Nordic combined athlete and a consistent top-15 finisher at World Cups, may have to reconsider her career path if the decision does not allow women to compete in the Olympics.
Its going to be taking a lot of girls dreams away and show younger girls to not get into the sport, which would be even worse, she said. There would be no future for womens Nordic combined.
I dont want to send the message to say, If you dont get your way, just quit, she added. But at this point in time, I invest so much of my time and energy and money into the sport that if we are not getting recognized for what we are I dont know if I would continue Nordic combined.
To reach Shelby Reardon, call 970-871-4253, email sreardon@SteamboatPilot.com or follow her on Twitter @ByShelbyReardon.
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Lia Thomas plans to keep swimming – with an eye on Olympics – The Associated Press – en Espaol
Posted: at 12:10 pm
Transgender swimmer Lia Thomas said she intends to keep competing, with the ultimate goal of reaching the Olympics.
In an interview that aired Tuesday on ABCs Good Morning America, Thomas also disputed those who say she has an unfair biological edge that ruins the integrity of womens athletics.
Trans women are not a threat to womens sports, she said.
Thomas became a leading symbol of transgender athletes stirring both opposition and support when she joined the Penn womens swim team after competing for three years on the mens squad at the Ivy League school.
In March, Thomas won the womens 500-yard freestyle at the NCAA championships in Atlanta, becoming the first transgender woman to claim a national title in swimming. She has since graduated from Penn and plans to attend law school, in addition to pursuing her goal of qualifying for the 2024 U.S. Olympic swimming trials that will determine the team for the Paris Games.
I intend to keep swimming, Thomas told ABC. Its been a goal of mine to swim at Olympic trials for a very long time, and I would love to see that through.
USA Swimming has used a review panel to make individual determinations on a case-by-case basis since 2018. Thomas would need approval from the governing body to attempt to qualify for the next Olympic trials.
Thomas, who grew up in Austin, Texas, said she fell in love with swimming at age 4 but felt increasingly disconnected from her body as she grew older.
I didnt feel like I was a boy, she said.
After high school, Thomas earned a spot on the mens swimming team at Penn. But by her sophomore year, she struggled with deep depression and suicidal thoughts.
I was barely going to classes. I could really barely get out of bed, she recalled, finally telling herself: I cant live like this anymore. I want to live again. I want to be able to do things I enjoy.
Thomas said a fear of not being able to compete in the sport she loved kept her from transitioning initially. But at the end of her sophomore year, she began hormone replacement therapy.
The mental and emotional changes actually happened very quickly. I was feeling a lot better mentally. I was less depressed, she said. And I lost muscle mass and I became a lot weaker and a lot, a lot slower in the water.
Thomas began swimming on the Penn womens swimming team at the start of her senior year, following NCAA guidelines in place at the time that athletes must complete one year of hormone replacement therapy to change gender categories.
The scrutiny over Thomas grew as she achieved far more swimming success competing against women than she did before.
Transgender athletes have now become a prominent political target, with many conservative states pushing through laws that require high school athletes to compete as the sex they were assigned at birth.
Republican Florida Gov. Ron DeSantis signed a proclamation that declared the NCAA runner-up, Florida-born Emma Weyant, as the real winner of the womens 500 title.
The NCAA has changed its transgender eligibility guidelines to allow each sport to follow the rules set by each sports national governing body.
Thomas, in the interview with ABC, pushed back on some of the criticism she received particularly during her senior season, when she rarely spoke to the media. She scoffed at the notion that she transitioned in order to have more success as a swimmer.
We transition to be happy and authentic and our true selves, she said. Transitioning to get an advantage is not something that ever factors into our decisions.
Thomas also said its not fair to prevent transgender people from competing in sports, or to limit them to competing only against each other.
In addition to not allowing the full athletic experience, thats incredibly othering to trans people who already face immense discrimination in other parts of our lives, Thomas said.
She said the highlight of her college graduation was hearing her name called as Lia Thomas.
When I actually got to walk across the stage and hear them say my name, she said, it was very cool.
___
More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports
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USA Softball POY Jocelyn Alo: ‘You will be seeing me in the 2028 Olympics’ – Just Women’s Sports
Posted: at 12:10 pm
Some days, Oklahoma softball star Jocelyn Alo still has a hard time wrapping her head around all that shes accomplished. She sat down with Whistles No Days Off series, where she discussed her off-the-charts hitting, what its like playing for Patti Gasso and more.
Its still kind of surreal, said Alo of the home run that broke Lauren Chamberlains record for the most in college softball, revealing that she was so locked into the moment that she didnt hear the crowd. But it was special, she said, that her record-breaking home run come in her home state of Hawaii.
Since then, Alo has hit more home runs, becoming the all-time leader in home runs across baseball or softball in the NCAA. Also said that the work she puts into her hitting helps to set her apart from the rest.
She further cemented her legacy Wednesday when she was named the 2022 USA Softball Collegiate Player of the Year after helping lead Oklahoma to its sixth-straight Womens College World Series. Shes the fifth player in history to win back-to-back Player of the Year honors.
Alo heads to the WCWS in Oklahoma City leading the nation with a 1.163 slugging percentage and .634 on-base percentage.
There is pressure, for sure, but our coach [Patti Gasso] always says that pressure is a privilege, Also said. I manage pressure by staying within myself and not trying to make the moment too big.
She then said that playing for Gasso is everything I ever wanted in a coach and a whole lot more.
To play under a woman, a boss lady, was something different for me, said Alo, noting that Gasso has helped her grow not just as an athlete but also as a woman.
Having won just one national championship during her time at Oklahoma, Alo will look to add one more as her college career comes to a close. But she also is looking ahead, aiming to play in Los Angeles at the 2028 Olympics.
You will be seeing me in the 2028 Olympics, I know that, she said. Both baseball and softball are not a lock for the 2028 Games, with cheerleading, cricket, flag football and lacrosse also looking for inclusion, but dont bet against Alo.
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USA Softball POY Jocelyn Alo: 'You will be seeing me in the 2028 Olympics' - Just Women's Sports
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