Inside the Biggest Marijuana Stock Gainers of 2018
Several marijuana companies are kicking off 2018 strong in the public market. Green Market Report's CEO and Editor-in-Chief Debra Borchardt explains the companies she see's capitalizing on the growing cannabis market.
Toronto-based Med Releaf is up nearly 20 percent in 2018. Borchardt says this company stands apart by being one of the lowest cost cannabis producers. "This is where we are seeing the real race in the marijuana community," says Borchardt.
Two other companies on Borchardt's watch list are Kush Bottles, and Aurora Cannabis.
New Jersey Governor Phil Murphy on Tuesday signed an executive order expanding access to medicinal marijuana. "They are expecting that it could generate 300 to 500 million in tax revenue," said Borchardt.
White Claw helped make hard seltzer a staple for American drinkers. Now it's getting into the spirit business with its own vodka brand because of new rules passed during the pandemic.
TikTok is banning deepfakes amid increasing pressure from the U.S. government over privacy and security concerns. CEO Shou Zi Chew announced the policy in a TikTok video on Tuesday two days ahead of his scheduled appearance before congress.
Cheddar News looks ahead to The Day Ahead as the Federal Reserve meets to decide on a rate hike. Earnings are also on tap from Petco, Chewy and KB Home.
Language app Duolingo last week launched a new subscription tier, called Duolingo Max, that uses an artificially intelligent chatbot to provide more personalized feedback to learners.
