MedMen VP Daniel Yi On How Recreational Marijuana in California Has Affected Business
Recreational marijuana has been legal in California since January 1 and since then cannabis stores like MedMen in West Hollywood have been a significant bump in sales and foot traffic. Alyssa Julya Smith visited the MedMen location in West Hollywood one month after the store first started selling recreational marijuana.
Yi explains that month-to-month MedMen has been triple the amount of foot traffic and revenue in January as they had from December. He explains that more people than ever before are buying edibles and trying different forms of cannabis.
Los Angeles was slow to start granting recreational marijuana licenses but has continued to issue them. As of the end of January, the city had approved more than 20 stores and is still awaiting approval from the state. According to some analysts, the cannabis industry in California is expected to be worth $5.1 billion in 2018.
Indianapolis Colts owner Jim Irsay is displaying his world-renowned collection of historic memorabilia to the public for the first time in the Big Apple. Irsay joined Cheddar News to talk about why he's bringing artifacts from the Beatles to Jerry Garcia to light now. "I borrow all this stuff, you know, and I just feel kind of an obligation to share it with the public and make it come alive if you will," he said.
Catching you up on the entertainment headlines of the day with Justin Timberlake selling his entire musical catalog to IP management firm Hipgnosis, Ellen DeGeneres airing the final episode of her show, Alanis Morissette making a guest appearance on Olivia Rodrigo’s ‘Sour’ tour, and more.
Cheddar recently teamed up with Amazon Bestseller Jamie Hopkins to explore the term 'Rewirement' while highlighting those who didn't let retirement be the end of their journey... Instead, they used it as a new beginning.
Today, Jamie is speaking with Linda Lombri, a former home economist and marketing executive, and Virginia Cornue, a former cultural anthropologist. For them, retirement didn't mean stopping work--it meant re-inventing themselves and living out their dreams of becoming mystery authors, even though neither had written fiction before. Together, Linda and Virginia began an e-book series, the Sandra Troux Mysteries.
Brightseed Co-Founder Sofia Elizondo breaks down what plant bioactives are, and how they're using the latest technology to study human's biological connections with plants.
On this episode of Cheddar Innovates: Brightseed Co-Founder breaks down what plant bioactives are, and how they're using the latest technology to study human's biological connections with plants; Esper Bionics CEO breaks down how they re creating a mind-controlled bionic hand that guest smarter the more you use it; Cheddar gets a look at Curiosity Stream's 'Capturing A Black Hole In Our Milky Way.'
The number of births in the U.S. increased last year for the first time in seven years. According to a new federal report, about 3.6 million babies were born in 2021, only about a 1% increase from 2020. Ted Rossman, a senior industry analyst for creditcards.com, joined Cheddar's Opening Bell to discuss why the pandemic baby boom was more like a baby bust, and how to raise kids while on a tight budget.
Following the mass shooting at the Robb Elementary School in Uvalde, Texas, that left 19 children and two adults dead, the debate over gun control has been reignited. While studies have shows most Americans agree on some additional regulations, there hasn't been much legislative traction even as gun violence worsens in the country. Brian Lemek, the executive director of Defend The Vote and the former executive director at Brady PAC for gun control, joined Cheddar to discuss reform efforts. "The lawmakers that we have aren't passing these at the federal level," he said. "That's the problem. We have the wrong people in charge."
