Jodie Emery, editor-in-chief of Cannabis Culture, discusses the merger of Canadian companies Aurora Cannabis and CanniMed, creating the largest cannabis company in the world. The deal is valued at $6 billion.
We talk about other potential mergers on the horizon as Canada prepares for marijuana legalization this summer. Emery also discusses regulations the Canadian government could impose once prohibition ends.
The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation.