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).
Apple posted better-than-expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter, including a drop in revenue for iPads and iMacs.
The Federal Trade Commission is accusing Amazon of using an algorithm to raise prices for some of its products, thereby causing other shopping sites to do the same.
Customers fell for Starbucks' fall menu in the fiscal fourth quarter, with Pumpkin Spice Lattes and apple croissants helping the company achieve record revenue.
