Debra Borchardt, author at Seeking Alpha, discusses the marijuana packaging company Kush Bottles and its 258% year-over-year rise in Q1. She discusses what that level of growth could mean for the company as more states legalize marijuana. Borchardt weighs in on the impact states like California and Nevada could have on the company's business. She also points out that many states are using sales from marijuana legalization to solve their budget problems.

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Nestlé dismisses CEO after he has relationship with a subordinate
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
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