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.
Carlo and Baker preview President Biden's address to the nation as Omicron becomes the new dominant Covid strain. Plus, Trump gets booed for getting his booster and the White House gets a new puppy.
Briana Marbury, Executive Director of the Interledger Foundation, joins ChedHER to discuss how she's creating pathways to financial access, and advice for pursuing a career in philanthropy.
Sharon Marcil, North America Regional Chair of Boston Consulting Group, joins ChedHER to discuss how she's paving the way for women in leadership positions, and advice for career advancement.
On this episode of ChedHER: North America Regional Chair of Boston Consulting Group breaks down how she's closing retention gaps in business, and advice for advancing in your career; Executive Director of the Interledger Foundation explains how she's working to create pathways to financial access; A look at how JPMorgan Chase is helping business owners in the Harlem community.
Ian Rogers, Chief Experience Officer, Ledger, joins Cheddar News to discuss innovation in crypto security, and why a hardware wallet is a critical tool for protecting digital assets.
Carlo and Baker cover the latest developments after a devastating tornado outbreak over the weekend, plus an eye on Omicron and inflation, and not even Spielberg can save the box office.
Reusable rocket developer Stoke Space Technologies raised $65 million in a Series A round led by Breakthrough Energy Ventures, a firm founded by Bill Gates. Stoke says its reusable rockets provide the satellite industry with low-cost, on-demand access to and from orbit. As companies like SpacX and Blue Origin are also making commitments to rocket reusability, Stoke says it is taking a different approach with a system designed to be 100% reusable, comprised of rockets designed to fly daily, like an airplane. Stoke co-founder and CEO Andy Lapsa joins Cheddar News' Closing Bell to discuss.
