Cheddar's "CannaBiz" program is dedicated to the business of marijuana. In each episode we explore the growing market, landscape for regulation, and ways people and businesses are capitalizing on the space. During this episode Cheddar Anchors Hope King and Brad Smith explore pending legislation in Vermont, and a company expanding deeper into the medical marijuana market.
According to a new report by New Frontier Data, Cannabis could create more than $130 billion dollars in federal tax revenue by 2025. That's if the federal government legalizes the drug. It could also ad 1.1 million jobs by 2025.
Vermont could be the next state to change it's current marijuana laws. Vermont Governor Phil Scott planning to sign a bill to legalize marijuana for those 21 years or older. This will make Vermont the first state to do so through legislation. Montpelier, Vermont Mayor John Hollar explains how this could impact the growing market.
"People generally think its an inevitability in our state that we will have a legalization," says Hollar. "I think people understand and recognize that its going to happen."
Now that cannabis is legal in California, many people are wondering how to add it to their recipes in the kitchen. Cheddar's Alyssa Julya Smith joined Jeff the 420 Chef in the kitchen to talk about his specific technique to clean cannabis and make sure you are taking out all the smells and flavors to seamlessly add to your food.
Namaste Technologies is rolling out a telemedicine portal to connect doctors to medical marijuana patients virtually. The company's co-founder and CEO Sean Dollinger explains how they are bringing this technology to the Canadian market.
"NamasteMD is the first application allowed by the app store for telemedicine in Canada ever for cannabis," said Dollinger. He explains his hope for Namaste Technologies to become a global leader in cannabis by leveraging its technology for partners in the market.
Unity Technologies is set to go public as it becomes one of the most successful game developing platforms with over two billion active users. Cheddar's Michelle Castillo reports.
Walmart said Thursday it may join Microsoft to buy the U.S. business of TikTok, the popular Chinese-owned video app that has come under fire from the Trump administration.
Gamelancer launches a new platform to help gamers connect with other user and monetize their time online. CEO Razvan Romanescu and COO Darren Lopes talk players' ability to connect with users whether they want to simply make friends or get their gaming skills up.
TikTok CEO Kevin Mayer has resigned amid U.S. pressure for its Chinese owner to sell the popular video app, which the White House says is a security risk.
Bingie is making it easier to discover new shows and share recommendations with friends and family. Joe Lane, CEO, joined Cheddar to discuss the launch of the app.
Desktop Metal, 3D printing company, is set to go public. Ric Fulop, CEO, joined Cheddar to discuss the company's success in various industries.
Climate investing platform Raise Green on Tuesday announced a new initiative to provide upstart solar projects with the knowledge, know-how, and intellectual property to hit the ground running. Called the Originator Engine, the software was developed in partnership with IBM to aggregate and "templatize" thousands of documents and contracts necessary to do business.
Circle-K convenience stores are in for a makeover following a new partnership with Standard Cognition to make the customer experience easier with cashierless checkout.
Video app TikTok is waging a legal fight against the Trump Administration’s efforts to ban the popular, Chinese-owned service over national-security concerns.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
