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.
If you are looking for a new job, you might want to start looking in a different city. A new report from indeed reveals how certain metro areas are seeing faster growth in job openings than others. Economist at Indeed Hiring Lab AnnElizabeth Konkel, joined Cheddar to discuss more.
Netflix beat its earnings projections for Q4 — but the stock still plummeted as the streaming pioneer cut back on its forecast for future subscribers. Michael Robinson, the chief technology strategist at Money Map Press, joined Cheddar to discuss the report and what's driving the downward pressure on its shares. "It's the growth is really what's worrying people," he said. "'A' we have slowing economic growth, and 'B' we've got slowing growth for this company, as 'C' we have an increase in competition."
On this episode of ChedHER: Podcast Host of 'That's Total Mom Sense' breaks down the biggest challenges mothers are facing today; CEO of Joro explains how her app can help users track, reduce, and automatically offset the carbon footprint of their purchases; Three ways to improve your financial wellbeing and set goals for yourself and your future.
Kanika Chadda-Gupta, TV Journalist and Podcast Host of 'That's Total Mom Sense,' joins ChedHER to discuss the challenges mothers are facing today and gives advice for changing up your career path.
Sanchali Pal, Founder and CEO of Joro, joins ChedHER to discuss how her app can help users track, reduce, and automatically offset the carbon footprint of their purchases, and gives advice for other women seeking careers in climate.
According to a recent analysis in the NYTimes, young Americans have begun to take on the habit of smoking cigarettes despite the decades of evidence showing just how dangerous they are. Contributor at New York Times John Ortved, joined Cheddar to discuss more.
Terrell Jermaine Starr, senior fellow with the Atlantic Council and host of the Black Diplomats podcast joins Cheddar News to discuss Russia's attempt to invade Ukraine.
Aditi Mayer, a climate justice activist joins Cheddar News to discuss her partnership with DoSomething.org and how a new PSA is working to shine a light on environmental racism.
Connected cars software development platform Smartcar announced this week it has raised $24 million in a Series B round led by Energize Ventures. Smartcar's software can be integrated into mobile and web apps from mobility businesses. It allows users to do things like locate and unlock a vehicle, as well as check its mileage, fuel level, and battery if the vehicle is electric. Smartcar's technology is compatible with 22 different vehicle brands in 31 different countries. Smartcar co-founder and CEO Sahas Katta joined Cheddar News' Closing Bell to discuss.
