When the San Francisco 49ers face off against the Kansas City Chiefs in Super Bowl LIV next Sunday, co-founder Jake Bullock wants Bay Area fans to pick hometown cannabis-infused Cann drinks to bring to viewing parties.
The company, which just announced it raised $5 million, hopes its cannabis-infused "social tonic" makes its way to football parties alongside alcohol or in place of alcohol, Bullock told Cheddar Friday.
Cann launched in California, so Bullock said there were only 600 places "where we can legally sell in the entire state. Compare that to alcohol, which is hundreds of thousands."
He said the company is looking to "change the way people socialize," by providing a social drink.
As the 'sober curious movement' continues to gain steam, Bullock sees an opening for Cann.
Consumers are "tired of having to drink alcohol to be social," he said. "What we do with Cann is we're starting to give folks a social beverage that's better for their bodies."
Bullock also hinted that the company has something "spicy" in the pipeline of beverage flavors coming later this year.
A Gallup poll finds that now 7.1% of American adults identify as LGBTQ, jumping from 3.5% in 2012. The increase is driven by Generation-Z – those born between 1997 and 2003 – of whom one out of five identify as LGBTQ. Cheddar News speaks with Washington Blade reporter Chris Johnson about the significant shift.
Bamboo-based toilet paper company Cloud Paper raised $5 million in a recent funding round. Its product is a bamboo-based alternative to traditional toilet paper made from trees, and its mission is to end the deforestation caused by traditional paper products. Cloud Paper says the raise will allow it to make significant investments in its supply chain, product development, and hiring. Ryan Fritsch, a co-founder of Cloud Paper, joined Cheddar News' Closing Bell to discuss.
Anne Price, president of the Insight Center for Community Economic Development, discusses how Black Americans have been adversely impacted by rising home prices and offers tips for wealth building.
Ellen Goodwin, Co-Founder and Chief Solutions Officer of Artifcts, joins ChedHER to discuss how she's creating a platform to preserve the history of your belongings, and her experience succeeding in male-dominated industries.
Keren Sachs, Founder and CEO at The Luupe, joins ChedHER to discuss how her platform bridges the gap between diverse creators and brands, and what the future of the creator economy looks like.
Thelma Ferguson, Managing Director & Northeast Segment Head at JPMorgan Chase Commercial Banking, joins ChedHER to discuss the upcoming Women Presidents Organization's "50 Fastest-Growing Women-Owned/Led Companies" ranking, and what kind of impact women entrepreneurs have on the overall economy.
On this episode of ChedHER: Artifcts Co-Founder breaks down how she's creating a platform to preserve the history of your belongings; The Luupe CEO explains how her platform bridges the gap between diverse creators and brands; Managing Director & Northeast Segment Head at JPMorgan Chase Commercial Banking discusses the upcoming Women Presidents Organization's "50 Fastest-Growing Women-Owned/Led Companies" ranking.
