Update on Volkswagen Diesel Fraud Case

We filed an action in Butte County on May 17, 2018 with the intent of having a jury decide punitive damages. We would be the first party to bring the defeat device case to jury trial.  Peer reviewed studies proved thousands of people with lung diseases died from the fraud.  

 

McKay Tract, Property Values, Tourism, and 2016

Posted by Fred Fletcher on Friday, January 9, 2015
It's no secret our coastal Redwoods are a big draw for tourists. The uniqueness of these specimens on our lost coast can't be denied. The McKay tract is nearly 1,000 acres which dwarfs comparable parks. Multiple trails are being constructed for naturalists of all types. Surrounding property values and home sales are experiencing a modest rise which should continue into the foreseeable future. Eureka in many respects is a city experiencing a resurgence which the McKay Tract will hasten. 

Pundits who claim the sky will fall in Humboldt in 2016 with legalization simply do not understand emerging markets or the regulations being drafted. The price of Humboldt's largest commodity, marijuana, will drop once markets and regulations are established which will take approximately a decade. Colorado and Washington have experienced a price increase of legal cannabis since legalization. Eventually the price of cannabis will drop to a fraction of today's cost but not necessarily this decade. 

Humboldt and Eureka are antifragile to use a term invented by Nassim Nicholas Taleb, the man who predicted the financial meltdown of 2008. Our natural resources, coastline, and artisans will offset any loss of revenue after legalization. Small cities tend to be robust during economic upheavals. 

Continuing to invest in our natural resources, our education system, and economic development will ensure Humboldt continues to experience growth. The McKay Tract may be the most significant addition in the history of Eureka. If you'd like to volunteer to help develop the McKay Tract please follow this link:

http://www.humtrails.org/mckay.html


Tags: mckay tract  eureka  humboldt  marijuana  economy  cannabis 

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