Four cannabis companies are combining to create a new company, TILT, that will produce and deliver marijuana. As more states allow recreational marijuana, TILT can build infrastructure for production and distribution based on that individual market's demand and regulations, says Alexander Coleman, the CEO of TILT.
For full interview, [click here](https://cheddar.com/videos/new-conglomerate-in-marijuana-industry-wants-to-be-amazon-of-weed).
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
