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.
Adidas is bracing for a $1.3 billion loss in revenue and $535 million drop in profit in 2023 if efforts to sell off its inventory of Yeezy-branded sneakers fails.