The Business of Marijuana, History of Legalization
Cheddar kicks off the start of CannaBiz. The weekly special is dedicated to the business of marijuana. We will dive into the growing marketplace, landscape for regulation, and ways people and businesses are capitalizing on the space.
Last week, recreational marijuana became legal in California. "It accounts for about 40 percent of the retail market," says GreenWave Advisors Founder and Managing Partner Matt Karnes. GreenWave Advisors predicts the recreational marijuana industry in California to generate $5.2 billion in 2018.
Las Vegas based Cannabis consumer company, Altitude Products, is capitalizing on the growing legal recreational market. "Cannabis consumers are looking for more education, and they are looking for curated experiences," said Altitude Products CEO Krista Whitley. "There continues to be opportunities for small business ownership, and savvy entrepreneurs."
Social media platform MassRoots is growing a social community around Cannabis. "We are developing products and features specifically for Cannabis consumers that larger social networks like Facebook or Twitter wouldn't spend time and resources on to develop for such a small portion of their user base," said MassRoots CEO Isaac Dietrich. He says he hopes the app helps consumers to make educated cannabis purchasing decisions through community-driven reviews.
You can catch the weekly series, CannaBiz, every Tuesday from 3:30 to 4:00 pm EST on Cheddar.
Cheddar's own Shannon LaNier speaks with Paige Siegwardt, guest experience director at The Standard Plaza, about the Manhattan restaurant's 1960s-inspired roller rink.
2023 Tony Award nominee Kevin Cahoon speaks with Cheddar's own Baker Machado about joining the musical 'Shucked' and the peaks and valleys of his long career on Broadway.
Guinness World Records says the world’s oldest dog recently celebrated his 31st birthday. Bobi's owner says a party was held Saturday for the purebred Rafeiro do Alentejo, a breed of Portuguese dog.
Swedish singer Loreen won this year's Eurovision competition on Saturday night with her song "Tattoo." The singer beat acts from 25 other countries and became the second performer to take the prize twice after winning previously in 2012, but it was the Princess of Wales, Kate Middleton who stole the show before the competition got started.
One especially enthusiastic dog, named Fuzzybear, is gung-ho about getting his North Carolina owner's mail, darting across the lawn when the mail truck arrives and carrying back a mouthful of envelopes.
Cheddar's own Shannon LaNier visited The Paris Café at the South Street Seaport in downtown Manhattan to get a taste of the perfect Mother's Day brunch and sample the historic brasserie's DIY flower bar.
Cheddar's own Shannon LaNier visited The Paris Café at the South Street Seaport in downtown Manhattan to get a taste of the perfect Mother's Day brunch and sample the historic brasserie's DIY flower bar.
