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Monday’s edition of Forbes Daily covers simmering conflict in the Middle East, the GOP’s embrace of cannabis, Adam Neumann’s latest venture in Saudi Arabia and more.

Elliott Hill auctioned off an attic’s worth of memorabilia he collected in a 32-year career at Nike. A football cleat signed by Nike cofounder Phil Knight. A basketball autographed by Michael Jordan.

Incoming Nike CEO Elliott Hill appears to be well positioned to inspire its workforce. Elliott Hill's challenge as he takes ...