Consumer Products

Marijuana Consumers: Young, Well-Paid, College-Educated

As more states approve laws permitting medicinal or recreational marijuana use, a California start-up that has been described as the "Uber for pot" decided to profile its customers to try ...
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PetIQ Files for IPO

PetIQ has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were mentioned in the filing but the ...
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Marijuana News Roundup: Fed Threat Causes Bank to Close Pot Group’s Accounts

PNC Bank will close the bank accounts of the Marijuana Policy Project (MPP) on July 7, citing the risk of the bank faces from the hard-line U.S. Attorney General Jeff ...
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Marijuana Price Rises 2% to $1,578 a Pound

For the week ended Friday, June 23, 2017, the spot price index for a pound of cannabis rose 2.3% to $1,578. According to the analysts at Cannabis Benchmarks, the simple ...
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US Ban of Brazil Beef Blow to Nation Reeling From Economic Woes, Political Scandal

The U.S. suspension of beef imports from Brazil is a blow to a nation reeling from the worst economic downturn since the Great Depression, as well as from a political ...
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George Clooney Makes More on Tequila Than on Movies as Casamigos Sells to Diageo

If you think the appetite to acquire niche brands in beer, wine and alcohol is over, guess again. Diageo PLC (NYSE: DEO) announced that it has entered into a definitive ...
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Cigarette Use Among Young Drops, Posing Threat to Tobacco Industry

Teenagers are smoking and using e-cigarettes much less now than a year ago. The trend is a threat to the financial success of the tobacco industry, which needs younger smokers ...
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Marijuana News Roundup: Bill to Ease Pot Restrictions Introduced in US Senate

Senators Rand Paul (R-KY), Corey Booker (D-NJ) and Kirsten Gillibrand (D-NY) on Friday introduced a bill in the U.S. Senate that would remove the federal prohibition on medical marijuana and ...
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Marijuana Price Down 3% to $1,543 a Pound

For the week ended Friday, June 16, 2017, the spot price index for a pound of cannabis fell 2.9% to $1,543. According to the analysts at Cannabis Benchmarks, the simple ...
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Why One Key Analyst Expects Little Growth From a Streamlined Nike

Nike Inc. (NYSE: NKE) announced several operational and organizational changes in what it calls its Consumer Direct Offense. Perhaps the biggest highlight of this release was the 2% reduction in ...
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Under Armour vs Nike: NBA Postseason Wrap-Up

The Golden State Warriors won the NBA Finals Monday night over Lebron James and the Cleveland Cavaliers. This was the highly anticipated rematch in which the Warriors redeemed themselves after ...
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Cannabis Industry Poised to Rise to $70 Billion, Topping Economies of Kenya, Dominican Republic

The U.S. cannabis industry may grow to as much as a $70 billion by 2021, which would make the sector as big as the economies of the Dominican Republic and ...
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Marijuana Price Rises Over 2% to $1,589 a Pound

For the week ended Friday, June 9, 2017, the spot price index for a pound of cannabis rose 2.3% to $1,589. According to the analysts at Cannabis Benchmarks, the simple ...
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Why BMO Capital Markets Is Downgrading Beverage Stocks

This past week, one analyst issued a few calls that might be game changers in the beverage industry. In fact, the firm believes that a couple of these stocks are ...
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Why One Key Analyst Thinks Beverage Stocks Are About to Slow Down

It could be difficult to argue for a meaningful multiple expansion for any industry from the current levels, considering the broad markets are near all-time highs after the “Trump trade.” ...
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