*By Jacqueline Corba*
Canopy Growth may live inside a vestige of the past ー an abandoned Hershey's chocolate factory in Canada's eastern Ontario ー but the company has been anticipating the future for several years, according to its co-CEO and president: namely, marijuana.
"We've been working for a number of years to be ready for this moment," Mark Zekulin told Cheddar's CannaBiz. "This has not been done on this federal scale before."
More than 800 employees at Canopy's ($CGC) headquarters have been working around the clock to meet demand on the first day of the drug's recreational legalization in Canada, which dawned on Wednesday morning.
"We've used almost every form of transportation that there is in Canada except for dog sleds to be able to get everything to the store," said Canopy Growth's VP of communications, Jordan Sinclair.
Cheddar visited what Canopy has dubbed the "vault," a single room that houses about half a billion dollars worth of cannabis products, from buds to oils to pills.
Sinclair said the product only stays on shelves for a matter of days or weeks before it's shipped to dispensaries or retailers across Canada.
Canopy is betting on what [some have speculated](https://www.thestreet.com/investing/canopy-growth-and-constellation-brands-say-cannabis-will-be-a-200-billion-dollar-industry-14743772) may become a $200 billion industry over the next decade.
But that's not all the company is doing.
Canopy also hopes in the long haul to transform cannabis culture ー and perhaps launch a new image campaign for the drug.
The entrance of its headquarters in Smith Falls, Ontario, now offers an educational tour that details the effects and differences between each strain of cannabis.
The lobby looks like more of a craft brewery than the center of the largest marijuana manufacturer ー which might not come as a surprise, given the investment Canopy recently got from Corona-maker [Constellation Brands](https://cheddar.com/videos/why-constellation-brands-is-betting-big-on-marijuana).
"When you come in you see that excitement, that culture of growth, and a part of making history," Zekulin said.
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
At 100 years old, the Goodyear Blimp is an ageless star in the sky. The 246-foot-long airship will be in the background of the Daytona 500 — flying roughly 1,500 feet above Daytona International Speedway, actually — to celebrate its greatest anniversary tour. Even though remote camera technologies are improving regularly and changing the landscape of aerial footage, the blimp continues to carve out a niche. At Daytona, with the usual 40-car field racing around a 2½-mile superspeedway, views from the blimp aptly provide the scope of the event.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
