Consumer Products

Concept photograph of cannabis leaf made of US dollar bills

Marijuana News Roundup: Biggest US Banks Are in the Cannabis Business

One of the biggest issues facing cannabis businesses in states with legalized marijuana is their inability to find a bank willing to handle their money. Because marijuana remains illegal under ...
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cannabis plants

Marijuana Price Rises 2% to $1,595 a Pound

For the week ended Friday, January 20, 2017, the spot price index for a pound of cannabis increased by 1.7% from $1,568 in the prior week to $1,595. According to ...
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100 dollar bills

Procter & Gamble Solid Q2 Earnings, Upbeat Organic Sales Outlook

Procter & Gamble Co. (NYSE: PG) reported its fiscal second-quarter financial results before the markets opened on Friday. The company posted $1.08 in earnings per share (EPS) and $16.86 billion ...
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Cigarettes

People Can Still Sue Tobacco Companies Over Health

The proposed $49 billion acquisition by British American Tobacco PLC (NYSEMKT: BTI) of the 58% of Reynolds American Inc. (NYSE: RAI) that it does not already own will, if approved, ...
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medical cannabis

Marijuana News Roundup: The Rewards and Risks of Cannabis Use

The National Academies of Sciences, Engineering, and Medicine last Thursday released a 400-page review of more than 10,000 research abstracts published since 1999 on the health impacts of cannabis and ...
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whisky

America’s 10 Most Popular Liquors

The sales of distilled spirits is a huge industry, and a major contributor to the tax base, particularly at the state level. Ten liquors dominate the sales of distilled spirits ...
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cannabis plants

Marijuana Price Rises 2% to $1,568 a Pound

For the week ended Friday, January 13, 2017, the spot price index for a pound of cannabis increased by 2.3% from $1,532 in the prior week to $1,568. According to ...
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Jessica Alba

Jessica Alba’s Honest Co Recalls Product, Threatens IPO or Sale

Honest Company, Jessica Alba's consumer products company, has proven itself to be less and less honest over time. It appeared to be a successful unicorn, on its way to an initial ...
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Lululemon Athletica

Was Lululemon Guidance Really Good Enough for Its Valuations?

When companies raise guidance, or at least when they lift the lower-end of their prior targets, investors usually cheer. But in the case of Lululemon Athletica Inc. (NASDAQ: LULU) there ...
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Marijuana, Joint, Bud, Pot, Nug

Marijuana News Roundup: California’s Cannabis Crop Worth $23 Billion

The value of California's marijuana crop in 2015 has been estimated at $23.3 billion. That's more than the combined value of the state's next five largest crops. And that's before ...
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cookies

Food Prices Expected To Rise Only 1%

If inflation picks up this year, food prices paid at the supermarket level will not be the cause. The USDA Economic Research Service expects them to rise only 1%, after ...
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graph

Nike Has Best 2017 Dow Performance, Up 6%

It may be a dead-cat bounce. After a horrible 2016, shares of Dow Jones Industrial Average component Nike Inc. (NYSE: NKE) are up 6.1% so far this year to $53.91. The ...
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cannabis plants

Marijuana Price Drops 5% to $1,532 a Pound

For the week ended Friday, January 6, 2017, the spot price index for a pound of cannabis decreased by 5.1% from $1,615 in the prior week to $1,532. According to ...
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Procter & Gamble

How a Slimmer Procter & Gamble Might Fare in 2017

The Dow Jones Industrial Average closed out 2016 at 19,762.60 on December 30. It may not have hit the elusive 20,000 mark, but it ended the year with a gain of ...
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Nike running shoe

How Nike, Under Armour and Lululemon Can Recover for Investors in 2017

In 2015 it seemed as though nothing could go wrong in the sportswear and athleisure sub-sector in apparel. Then came 2016 and something hit the proverbial fan. Investors in Nike ...
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