Cheddar's weekly series "CannaBiz" focuses on the business of marijuana, and market opportunity in this space. Cheddar Anchor's Brad Smith and Baker Machado dive into the latest trends in this space.
This week Vermont became the ninth state to legalize recreational marijuana. It's also the first state to enact this through legislation. Marijuana Policy Project's Director of Communication Morgan Fox explains the state of regulation, and how his organization is pushing for greater legalization.
"If you look at polling in every state, and nationally there is majority support for making marijuana legal," said Fox. In October 2017, a Gallup poll found 64 percent of Americans support making marijuana legal.
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.
Multiple U.S. owners of Hyundai's popular Ioniq 5 electric SUV have complained of completely or partially losing propulsive power, many after hearing a loud popping noise, the National Highway Traffic Safety Administration said Saturday.
Ford Executive Chairman Bill Ford told CNN's 'Fareed Zakaria that despite recent gains the U.S. was still not in a position to compete with China in the production of electric vehicles.
Global stock markets followed Wall Street lower Monday after the top U.S. diplomat met China's leader but the two sides gave no sign of progress on an array of conflicts.
Supergoop! is a skincare brand whose products are what the company says is 100% dedicated to sun care. Amanda Baldwin, CEO of Supergoop!, joined Cheddar News to discuss why sunscreen is important to add to daily routines. "What I love about this company is ... it really is based on scientific fact," Baldwin said. "90% of the signs of aging comes from the sun ... one in five of us will be diagnosed with skin cancer in our lifetime so making sunscreen a daily habit is probably one of the most simple things you can do for your health."
College enrollment rates for high school graduates in the U.S. has been on the decline since 2009. Sean Behr, CEO of Fountain a high-volume hiring platform, joined Cheddar News to discuss why high school graduates are benefitting from the value of attending a trade school, especially in today's economy.
Artificial intelligence is revolutionizing how people work, including in creative industries. The famous Tribeca Film Festival featured some projects recently that used A.I. that some filmmakers say make it more creative. Cheddar News took a peek at some of those films.
