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.
Elliot Wolf, EVP of Digital at Wolf Entertainment, and Ben Arnon CRO at Curio, join Cheddar News to discuss the new NFT project called the Wolf Society.
Darnell M. Hunt, Dean of Social Sciences at UCLA an co-author of UCLA's Hollywood Diversity Report, joins Cheddar News to discuss how the latest report reveals TV content from diverse writers and with diverse casts resonated with pandemic audiences.
Tony award-winning actress Anika Noni Rose joined Cheddar's "Between Bells" to discuss the upcoming third season of the podcast, Being Seen. As Rose's first time hosting the series, she explained that it was important for her to do so to offer a unique perspective potentially with the power to change narratives. "We have the ability in our media and our entertainment to change the space in which Black women are seen, to change the narrative of the strong Black woman, and to show a more humanistic view of Black women and Black femmes that will bring people to an understanding and a connection that maybe they didn't otherwise have," she said. Rose also touched on her role in the Netflix series "Maid."
Paid family & medical leave is left out of President Joe Biden's Build Back Better domestic policy plan. Abby Vesoulis, reporter for TIME joins Cheddar News to breakdown what this means for Americans.
Oatly Chief Sustainability Officer, Ashley Allen joins Cheddar News to talk about food waste and hows its been left off the table in the upcoming COP26 agenda. Ashley will be on the ground at COP26 and advocating for this conversation to get the attention it deserves.
Carlo's flying solo today, talking COP26 and climate change, another racially charged trial gets underway, SCOTUS takes on abortion and a stunning rise in traffic deaths points to a bigger societal breakdown sparked by the pandemic.
Apple reported strong fourth quarter earnings, but sales fell below expectations. CEO Tim Cook said chip shortages and manufacturing delays cost the company $6 billion. The issues have led to the newly-launched iPhone 13 Pro being in short supply around the world, as well as to back orders for Apple's new Macbook Pro. Exponential Investment Partners Managing Partner Kevin Riley joined Cheddar News' Closing Bell to discuss.
Electric bike company Dance recently raised $19.4 million, just weeks after rolling out its e-bike subscription service in Berlin. Dance allows users to subscribe to use an e-bike for around €79, or about $91, a month. Dance says its subscription model allows the company to reuse and refurbish its products, and further its mission to build more sustainable and livable cities. Dance founder and CEO Eric Quidenus-Wahlforss joined Cheddar News' Closing Bell to discuss.
How much real money would you pay for a virtual plot of land? Developing technology is introducing everyone in the real world to new, virtual worlds, like Decentraland. In this metaverse economy, users are buying virtual real estate at high value – and it’s not just the average Joe that’s looking to invest. Company's like Facebook are betting big.
