*By Madison Alworth*
There's a lot to keep track of when you're getting high, so three enterprising college seniors started Hemper in 2015 to ship stoners whatever they needed ーminus the pot .
"We'll do smoking accessories, Birchbox style," recalled the Hemper's co-founder and CEO Bryan Gerber in an interview recently with Cheddar.
The company raised $1 million in seed funding. The service has 10,000 subscribers and has shipped 200,000 boxes, bringing in about $6 million in revenue ー $2.6 million of that last year. Part of the company's growth can be attributed to Hemper's retail push: Boxes are available in 700 stores, with the goal to be in 3,000 stores by the end of 2019.
Hemper boxes, which cost around $30 a month, change up every month with different products.
"It's a discovery tool for cannabis users," Gerber said.
For full interview, [click here](https://cheddar.com/videos/subscription-box-to-help-you-get-high).
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
