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Looks like Disney (DIS) - Get The Walt Disney Company Report may win by losing Sky to Comcast (CMCSA) - Get Comcast Corporation Class A Common Stock Report . Moody's came out with a note Monday morning stating that Disney's "loss" in the bidding for British broadcaster Sky was credit positive. "A win of Sky would have been all debt-financed and therefore would have added even more leverage after the Fox acquisition is considered," wrote Neil Begley, Moody's Senior Vice President and lead media analyst. The House of Mouse could come out of the bidding in an even better position if it decides to tender the 39% stake in Sky that it acquired through the acquisition of 21st Century Fox's (FOXA) - Get Fox Corporation Report TV assets. "If they do decide to tender, the proceeds from Sky along with expected proceeds from Disney's regulatory required sale of Fox's regional sports networks may make Disney's acquisition of Fox nearly an all-stock transaction," Begley wrote. The deal would also "offer the company the best chance of avoiding weakening, even temporarily, its balance sheet and credit metrics." Alternatively, Moody's suggests that some retooling of Hulu's ownership could also be in order as Disney and Fox own 60% of the streaming service while Comcast holds 30% and AT&T (T) - Get AT&T Inc. Report holds the remaining 10%.

The first domino has fallen in the pot-infused drink game as Coke (KO) - Get Coca-Cola Company (The) Report is rumored to be exploring the possibility of some kind of foray into cannabis. And the micro-cap companies piled on Monday, as five different cannabis companies announced financing deals Sept. 24. New Age Beverages Corp. (NBEV) - Get NewAge Inc. Report and India Globalization Capital (IGC) - Get India Globalization Capital Inc. Report have at-the-market facilities of $50 million and $15 million, respectively, on the table, while Koios Beverage Corp. (KBEVF) checked in with an equity line of $21.5 million. Cannabis Pharmaceuticals Inc. is raising $7.5 million in a registered direct offering, and GB Sciences Inc. (GBLX) has completed a $4.1 million financing. Our sister publication The Deal is covering these companies from a PIPEs perspective and I am by no means recommending any of these stocks. I did however, want to flag these companies for TheStreet readers to show the hype that is seizing the cannabis industry. The similarities to the dot-com bubble are uncanny, but a better comparison might be to blockchain and bitcoin. Add cannabis to your name, or suite of offerings and you'll see an immediate pop. New Age, for instance, was formerly in the craft brewing business, but sold those assets off in 2016. It up-listed to Nasdaq last year and focused on healthy beverages and has been acquisitive. The company had spike almost 400% on news that it would soon unveil new cannabis-infused beverages but has since fallen back to earth with the new capital raise and offering. I'm not saying New Age and others aren't legit, but the extreme highs they are experiencing are going to be followed quickly by extreme lows until someone can figure out exactly how to make meaningful profits and achieve meaningful scale in the cannabis world.

Markets Today: Stocks ended mostly lower on Monday, Sept. 24, while oil prices surged to a four-month high as investors reacted to sharply worded attacks on Donald Trump's trade and energy policies as well as fresh turmoil in Washington. The Dow Jones Industrial Average fell 181, or 0.7%, to 26,562. The S&P 500 lost 0.4%.The Nasdaq gained 0.1%. Stocks had been down even before reports said U.S. Deputy Attorney General Rod Rosenstein was planning to resign in anticipation of being fired by Trump, according to Axios. The White House said Trump and Rosenstein would meet Thursday.

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, which Cramer co-manages as a charitable trust, was long DIS and CMCSA.