*By Amanda Weston*
One packaging company is helping cannabis-lovers go doubly green with sustainable, multi-use containers. The mission of [STO Responsible](https://www.storesponsible.com/) is to combat the cannabis industry's single-use plastic problem ー and boost its sales in the process.
"Packaging drives sales. That's just something we know in all business," Sandra Elkind, co-founder and chief creative officer, told Cheddar Tuesday.
"But it's one of the only industries that has such strict regulations on packaging, that producers have a hard time being able to create packaging for their products, so they are stuck using what's on the market. And in addition, they have very little choices for sustainability."
The company's containers were specifically designed for the the cannabis industry, achieving what Nicole Elkind, co-founder and CEO, called the "first line of sustainability."
"We see the first line of sustainability \[as\] being something that will be multi-use rather than single use, which we've designed it to be exactly that," Elkind told Cheddar.
"In addition, it's recyclable. On top of that, we have partnered up with a product that coats this in basically enzyme food. So when this product ends up in a landfill ー similar to a fish tank where you put the food on the top and all the fish come swimming and are eating the food ー this becomes food to the micro-organisms and the enzymes that are in the landfill."
Sandra said her products' end of life is less than five years ー compared to material that would take up to 500 years to break down.
The Elkinds said they took steps to ensure the packages are child- and pet-resistant.
For full interview [click here](https://cheddar.com/videos/sto-responsible-creates-eco-friendly-cannabis-packaging).
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
Online broker Robinhood Markets will join the S&P 500 index Online broker Robinhood Markets will join the S&P 500 index as its stock rides higher on a cryptocurrency wave.
Trump wants interest rates to plummet to make borrowing cheaper and boost growth. Fed chair Jerome Powell and his allies say not so fast, they need to bala