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.
Johnson & Johnson is earmarking nearly $9 billion to cover allegations that its baby power containing talc caused cancer, more than quadrupling the amount that the company had previously set aside to pay for its potential liability.
The founder of the student loan assistance startup company Frank that J.P. Morgan Chase acquired for $175 million has been arrested on charges that she duped the financial giant.
President Joe Biden said Tuesday it remains to be seen if artificial intelligence is dangerous, but that he believes technology companies must ensure their products are safe before releasing them to the public.
JPMorgan CEO Jamie Dimon said the U.S. and the banking industry should amend regulations following the collapse of Silicon Valley Bank and Signature Bank last month, saying that the financial system needs to be adjusted so that one bank's failure does not “cause undue panic and financial harm.”
