Why Constellation Brands Earnings Are Surviving Thursday’s Market Chaos
Thursday's drop in the broad markets might drive some to get a drink, and in the same vein it seems that this one beer giant has been cashing in big over the most recent…
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What to Look For in Nike Q4 Earnings
Nike is scheduled to release its fiscal fourth-quarter financial results after the markets close on Thursday.
Dole Food IPO: Adds More Underwriters and Maybe More Funding
One of the world’s leading producers, marketers and distributors of fresh fruit and vegetables has amended its filing with the SEC regarding its initial public offering.
Marijuana Consumers: Young, Well-Paid, College-Educated
Marijuana delivery service Eaze surveyed 10,000 of its California customers, painting an interesting portrait of the Golden State's cannabis users.
Marijuana News Roundup: Fed Threat Causes Bank to Close Pot Group’s Accounts
This week's roundup of marijuana-related news includes stories on supply problems in Canada, Mexico's new federal law approving medical marijuana, and a new study linking marijuana to higher levels of car crashes in states…
Marijuana Price Rises 2% to $1,578 a Pound
The U.S. wholesale spot price for a pound of marijuana rose last week to $1,578. The average spot price for a gram was unchanged at $3.99 and the retail price of a gram was…
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 scandal that threatens to…
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 agreement to acquire the…
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.
Marijuana News Roundup: Bill to Ease Pot Restrictions Introduced in US Senate
A 2015 bill easing restrictions on marijuana was re-introduced in the U.S. Senate last week, co-sponsored by 16 Democrats, three Republicans and one Independent. We've also noted other top marijuana-related news.
Marijuana Price Down 3% to $1,543 a Pound
The wholesale spot price for a pound of marijuana dropped nearly 3% last week to $1,543 and the average retail price of a gram rose slightly to $11.14.
Why One Key Analyst Expects Little Growth From a Streamlined Nike
Nike has 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 the global workforce.
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. However the match-up was not just on the court.
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 Kenya.
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 more than 2% to $1,589, according to the analysts at Cannabis Benchmarks.