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This is Nick, this is Jack, and this is Snax Daly. Welcome back. It is Monday, September 21st. Nick, let's get right to this. We happen to have the best one TV. Why? What? We got four story over here. The most annoyingly politically driven business story ever is over for now. For now, within 48 hours, snackers tick tock went from being banned to not banned. For our second story in Farm, a Berlin based company, just AGD one hundred seventy million dollars to scale their vertical farming business.

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Honestly, this is why I'll think of a farm where you pick your own produce. But in the grocery store next to the dairy section, none of the apples are bruised.

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None of the apples are there.

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In final story, Jack, AT&T wants to test the limits of where they can stick and put them in your VMAX account and on your phone every time you open it. But first, snackers, Nick and I want to acknowledge a hero for the fight for women's equality in America before we get to those wonderful stories.

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Ruth Bader Ginsburg, born nineteen thirty three, mid depression, passed away on Friday. Twenty twenty.

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This legal icon was born in Brooklyn and enrolled as a mother at Harvard Law School.

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We're talking about someone who is one of just nine women in her class of five hundred people in law school. Now, she used her law degree to get a teaching job at Rutgers University teaching law. Yeah, but she was paid less than her male colleagues because they said her husband's income justified her getting paid less, the exact type of sexism that motivated her to fight for equal treatment under the law and in the workplace.

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As a lawyer, Ruth Bader Ginsburg found herself in front of the Supreme Court arguing that single fathers deserved parental benefits. Really, because once judges agreed that a man deserved those rights, it became indefensible to treat women any differently.

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That is the brilliant mind at work of Ruth Bader Ginsburg as a lawyer and as a women's rights activist. So she fought for certain men's rights because that was the best way to get certain women's rights. Reminds us of Thurgood Marshall's similar strategic dismantling of racial discrimination. Oh, and by the way, Snackers, when Ruth Bader Ginsburg did become a Supreme Court justice, there was only one bathroom at the Supreme Court on site men's room. Sandra Day O'Connor was already a Supreme Court justice and they hadn't installed a women's bathroom.

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That's how messed up the times were back then. Oh, also, when she became a judge, the gender pay gap was sixty cents to the dollar. Today, it's eighty cents to the dollar. So we're not done yet.

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We're not a dollar to a dollar, but we do have a whole lot to thank. Our big four, Ruth Bader Ginsburg.

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Let's hear three stories you tuned in this next day. He spoke to the lawyers and we got to get some legal out of the way about the here rain food to see candy. They don't reflect the views of her family. It's all formational. Just so you know, we're not recommending any securities. Nope. It's not a research report or investment advice, not an offer with the sale of security by what's next is digestible business news Finance LLC member, Fagbug APC.

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For our first story, the most flippy floppy political drama is over.

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Mic never say it's over for now. Trump is not banning tick tock. Nope, and he's caving on his demand for it to be sold to a US. All right, snackers.

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Jack and I are going to be fully transparent with you. We always we always are. But we're going to have an extra full disclosure here. On Friday, we recorded a ticktock story for today's podcast. Full full disclosure. It's Sunday morning.

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Now, Nick and I are about to play golf together, but we decided to record a news story because of a change in the news.

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You know, when big news happens on Friday, Snackers Jaconi jump in recorded on Friday so we can relax over the weekend. Nothing wrestle larynx like forty eight hours off. So on Friday, this is the headline Nick and I saw Trump administration band downloads of Tick-Tock, but lets the app continue operating on your phone until November 17th.

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That was the news. We should cover it. It's Friday. So we did. We recorded a podcast, so we recorded that story and we knew there was like a forty percent chance. Something happens over the weekend that requires us to delay our golf game and rerecord the story.

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When that news came out, it seemed that President Trump was appearing tough on China by banning new downloads of Tick-Tock.

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But at the same time, he wasn't upsetting potential voters who use Tic-Tac because he was letting the app continue operating until after the election. He also, by the way, banned WeChat straight up, which is a Chinese messaging app, because that would look tough on China, too. And there's very few American voters who use WeChat. So there were a few political consequences. All right. So then snackers, Friday night, the sunset, the sun rises on Saturday.

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Always a great thing. And we had an entirely new Tick-Tock story Saturday morning.

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We were all still mourning the death of Ruth Bader Ginsburg and wondering what was going to happen to her seat on the Supreme Court.

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But then, very quietly, President Trump approved TTIP talks, proposed partnership with Oracle, which changed a bit. Now, snackers, expect Oracle stock to jump today because it is getting a twelve and a half percent ownership of Tic-Tac and. Billion dollars in annual revenue by managing the cloud computing business of Tic-Tac, and that isn't just like brand new business. That business used to be with Amazon and Google, but now it's with Trump friendly Oracle. Oh, by the way, Wal-Mart makes a cameo in this story out of nowhere.

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Wal-Mart's coming in take in seven and a half percent of Tick-Tock stock and becoming their official e-commerce partner straight out of Arkansas. This story is like Ocean's Twelve started with just George Clooney and Matt Damon. Now we got every male actor over 30 with a chiseled chin involved in this thing. Oh, by the way, by the way, a judge said on Sunday morning that Trump's ban of WeChat, that's not OK. WeChat is going to keep operating. So, Jack, what's the takeaway for our buddies over a tick tock?

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Tick tock, not getting bad, period, unless Trump changes his mind to go astray. So snackers, the national security concern that had us talking about Tock in the first place, it appears it's actually still there. Right. With this new deal that got approved by Trump on Saturday, China's bite dance will continue owning 80 percent of ticktock. So what my dad says my dad gets, but maybe not, because if you think about bite dance, it's actually 40 percent owned by US venture capital firms.

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And if you combine that with Wal-Mart and Oracle's little ownership stakes and tick add it all up, technically, tick tock is 50 percent owned by US investors.

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It looks so that if we go to the actual problem, which President Trump was so concerned about, if the Chinese government asked abidance to hand over American user data, we don't really know if it would comply or not. Still snackers. This story, however, is a political circus and we're not going to cover it again, we promise you, unless things officially happen in the meantime. But you need to know is Tock was going to be banned on Friday, but now it's not banned for our second story.

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Can you hear me now? By the way, check it out. Yeah. AT&T is testing the limits of where you can put ads.

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They'll drop the price of your phone plan by up to ten dollars a month if you agree to get pummeled by ads snackers. This brings us to our rule.

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Looks like rule number. I think it's one hundred and seventy two of economics. Jack rule run. Seventy two ads are annoying and you can pay to not see them. Case in point, next page, Hulu, five dollars a month with ads. Twelve dollars a month to never see ads following paid Spotify is free ads or ten dollars and you'll never hear an ad again.

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Honestly that we really wish Facebook and Instagram offered an ad free version right. Then we'd stop accidentally googling something and then seeing ads for that something for the next eight months. Hey Larry Page and Sergey Brin. I already have an air purifier.

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I bought it a month ago, so we saw last week AT&T is taking rule one. Seventy two of economics and putting it in reverse. Yeah, here's what it looks like to rule out one seventy two part B, you can pay less if you agree to C at Snackers.

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AT&T has an unlimited wireless phone plan that costs fifty dollars a month and then boom.

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Their CEO said this last week, they're considering dropping prices by five to ten bucks a month in exchange for you staring at some ads.

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Imagine you could save one hundred dollars over the course of the year if you agree to see like an ad, let's say every time you open your smartphone, here's a here's how this would go down.

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Jack walks out the door. He's having a nice Saturday stroll. He's walking out. He looks like he's getting a text. He opens up his phone only Masire Whitlock's.

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He clean. You can't get that guy. You can't skip that ad. So that's the first part of the story. The second there's also a bunch of items that are predicting AT&T is going to launch a discount, Biomax streaming, if you're willing to see ads to probably five dollars off of AT&T is basically trying to stick ads in all these places where it never used to stick at your phone and HBO.

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It's not TV. It's HBO Macs with a commercial interrupting The Sopranos. Kelsey Bell's Dagres. Let's say you're a little bit more carbon client.

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Here's what this is like. It's like you say, excuse me, waiter, how much is the fettuccini Alfredo special? Oh, that's fifteen ninety nine. It's our house special. Nice but it's twelve ninety nine if you agree to let an insurance salesman sit at the table with you the whole meal.

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So Jack, what's the takeaway for our buddies over at AT&T? Tiered pricing lets companies win a whole new group of customers snackers back when like movie theaters were a thing and colleges were a thing, college students got pretty big discounts to movies. Now movie theaters want to charge fifteen dollars for each ticket. But let's be honest, it's also a win. If a whole bunch of college kids come and pay twelve bucks, ipso facto, AT&T wants fifty bucks a month for phone plans, but it's happy with forty bucks a month and a little bit of ad revenue from someone else to now premium customers of AT&T.

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They're probably going to stick with the fifty dollars a month plan because they don't want to see ads. Yeah, Billy Mays is kind of intense, but AT&T would love to steal some lower income customers from Boost Mobile or US Cellular with tiered pricing. Tiered pricing like this unlimited wireless with ads snags a whole new bunch of customers for AT&T.

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For our third and final story, this one's wild. We've got our almost unicorn of the. Berlin, based in farm, just raised one hundred and seventy million dollars for instore vertical farming emphasis on the instore. Yes, this is the most innovative thing in German engineered food since. Yeah, I know what you're thinking, Jack.

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Putting the bra in a role is simple, but it did the trick because we actually had a snack that tweeted in today by Kelly Johnson in Chicago, Illinois. We promoted it to this story because it was so relevant. Jack, the snack factor, the average distance traveled for your produce to get to your grocery store in America is one thousand five hundred miles. That's right.

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Snackers technically going farm to table, but with fifteen hundred miles in between the two. Which brings us to inform the seven year old German company that's already in ten countries and promises zero miles from farm to table.

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And that's because their core product is vertical farms. They are literally growing vegies upward in a vertical space in the grocery store. According to Infogrames website, they're the largest off farm farming network in the world.

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Unverified, but Italian basil, scarlet kale may be Jack. Where is the baby? Bok choy orchard?

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All three of those lovely herbs and greens are growing on aisle three.

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You can go see them and pick them yourself next to dairy snackers. You heard of SAS software as a service companies. This is fast.

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We're talking farming as a service in farms. Product is literally a mini farm, growing herbs and greens in the produce section in the grocery store. That's why all the and Kroger have signed up to put these vertical farms in about 1000 of their grocery stores by twenty twenty five. So Jaconi jump in stacks. Now we're looking at the business model and in farm scream sustainability. But it's real competitive advantage, we noticed is that it crushes costs. It's a cost crusher.

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Produce produced by in farm requires ninety five percent less water and ninety percent less transportation cost because it's literally grown on aisle three. And the way they're able to pull this off is with hydroponics, which control the water usage. And that's all happening within the store, within the product. And your typical produce, let's say Florida oranges, they require a truck driver to drive three thousand miles to your Safeway San Francisco grocery store. Nice little real estate advantage in farm has is that it's growing those same oranges all the way down to oranges yet in your San Francisco Safeway in the store.

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So, Jack, what's the takeaway for our buddies over it in Farm Retail's not dead neck bad retail is dead snackers.

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We've said it before, but in farm is not running out some industrial space like on the outer edges of Brooklyn.

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They actually just took over a small section within a Whole Foods grocery store on the island of Manhattan. And when you walk in there and you see this in farm, it feels like a like a green Wonka factory before your eyes. A problem with grocery stores. They got complacent. Their stores lost their experiential magic, even nothing having to do with covid-19. Yeah, so many of us are thinking like, hey, if I'm doing grocery delivery now, I'll just continue doing online grocery delivery after the pandemic.

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So one key to get grocery shoppers back in stores is to make the shopping experience worthwhile. Case in point, all birds, the innovative shoe company did this to fashion retail.

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They have a human hamster wheel in their Soho New York City store. So you can try on the shoes and run in a hamster wheel. It is adorable, but in farm can do the same thing for food retail. Think about it. You could take your kids grocery shopping and show your kids wear bib. Lettuce comes from Jack. Can you whip up the takeaways for us to start the week? Tick tock was getting banned for twenty four hours. Now it's not getting better.

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Tick tock. That became political football. It appears it won't get thrown again away for a while. Tick tick tock. Isn't getting tick textile. No Jack. Liam Neeson. Tick tock not get a tick. Take it for a second story. AT&T is thinking about replacing customer revenue with ad revenue instead of lower price. Plus ads could unlock a whole new set of low income customers.

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For our third and final story, nowhere near billion in farm is trying to reduce the distance from farm to table to zero.

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Jack, we said it before. We'll say it again. Retail's not dead bad. Retail's dead. Now time for our snack fact of the day. This one tweeted in by Kristen, who we didn't get her hometown.

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She's kind of a citizen of the world, it seems like Kristen tells us that Walter Frederick Morrison invented the Frisbee in nineteen forty eight and originally called it the Pluto Platter like a dinner platter. But on the planet Pluto, it had a great run.

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And then in twenty ten, at the age of 90, he passed away. But his family cremated him and turned his ashes into a Frisbee, actually into a series of Frisbees which he wanted to sell to raise funds to make a Frisbee museum. We don't know where Christens from, but we do know that Walter is from Richfield, Utah, a great Utah.

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Now, before we go, snackers, congrats to Justin Bree, their anniversary up in Toronto, Canada. And we're having a digital housewarming party for Maria and Alex, who just moved into a new place in Morristown, New Jersey. And Emmanuelle in Cleveland, Ohio, happy one year snacker Verstraete. Been listening for a year. And let's pop a bottle for Britney. Idol who just bought a home in Cookeville, Tennessee. Ali and Joe are impressed because they just got married on Saturday in lovely Baltimore, Maryland.

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Happy anniversary to Lee and Mary Borallon in North Carolina and to Sidney and John just got engaged on the boardwalk near Philadelphia, Pennsylvania. Happy fiftieth to Aaron Tankersley in San Diego, California. And happy birthday to Christina Zayla and Edna, Minnesota, and Adam Fuda. I love the food in the name. Thirty five years old from Oxford, Maryland. And John Jenckes turning 30 in Jersey City. Patashnik, Happy Birthday in Akron, Ohio. Antivenin in Bradenton, Florida.

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And Paul Roshe, happy birthday. Not just outside of Boston. Now in Boston, where you don't see that often. Jacket's rare snackers. Nick and I love doing this. Thanks for listening.

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We'll see you guys tomorrow. The Robin Hood Snacks podcast you just heard reflects the opinions of only the hosts who are associated persons of Robinhood Financial LLC and does not reflect the views of Robin Hood Markets Inc or any of its subsidiaries or affiliates. The podcast is for informational purposes only is not intended to serve as a recommendation to buy or sell any security and is not an offer or sale of a security. The podcast is also not a research report and is not intended to serve as the basis of any investment decision.

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Robin Hood Financial LLC member, FINRA, SIPC.