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REUTERS/Nadja Wohlleben/File PhotoApril 20 (Reuters) - From cannabis-infused flowers to edible weed gummies, marijuana companies are pulling out all the stops as they eye bumper sales on April 20 - a day referred to as "4/20" in weed culture. Industry insiders expect highest single-day sales ever for the cannabis sector on Thursday even as the industry faces increased scrutiny from lawmakers in the United States. 4/20, derived from a trope for smoking marijuana, typically sees cannabis companies such as High Tide, Canopy Growth (WEED.TO), and Trulieve Cannabis Corp (TRUL.CD) amp up promotions, throwing in exclusive deals and discounts to lure customers. Wholesale cannabis platform Leaflink expects sales of infused flowers and pre-rolled joints to jump 500%-1,000% compared to 2022. According to seasonality data from cannabis data firm BDSA, cannabis retailers see more sales on Thursdays than on Wednesdays and Tuesdays.

☆ Legal pot sales eclipse sales of chocolate in the US as Americans reach for joints and berry edibles instead
▼ + stars: | 2023-04-14 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Legal pot sales could top $33 billion this year – more than chocolate and craft beer combined. Last year's total also exceeds the combined total sales of chocolate and craft beer, which saw $20 billion and $7.9 billion, respectively. If trends continue, MJBizDaily projects cannabis sales could reach as high as $33.6 billion this year and climb to nearly $57 billion by 2028. Of course, legal sales are still vastly outweighed by illicit ones – Whitney Economics estimated that legal transactions constituted just 25% of the total cannabis market in the US in 2021. Robust as the total US sales numbers are, recent years have not been kind to the cannabis industry.

☆ I tried Kourtney Kardashian's wellness gummies that promise more energy, improved focus and less stress—here's what I thought
▼ + stars: | 2023-03-25 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

If you're familiar with the Kardashian brand, it may not come as a surprise that Kourtney Kardashian Barker is wading even deeper into the wellness space. Kardashian Barker, who founded Poosh in 2019, recently launched Lemme, her own brand of vitamins and supplements. The Lemme essentials bundle includes three different kinds of gummies: "Lemme Matcha," for energy, "Lemme Focus," for concentration and "Lemme Chill," to de-stress. Those all seemed intriguing to me, so I purchased a bundle and decided to give the supplements a try. And for a better understanding of the ingredients and the promises Lemme makes — to improve my focus and decrease my stress, for example — I spoke to Jen Scheinman, registered dietitian nutritionist and senior manager of Nutrition Affairs at Timeline Nutrition.

☆ Premarket stocks: From Wile E. Coyote to edibles: Recession forecasts are getting weird
▼ + stars: | 2023-03-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +12 min

And for the US economy, it could likely mean a “Wile E. Coyote moment,” Summers said — if we run off the cliff, gravity will eventually win out. AntibioticsWhen describing the state of the economy, Summers doesn’t just rely on Looney Tunes. “Will working people be better off if we just walk away from our jobs and inflation remains 5% or 6%?” Powell replied. Before the Bell: Is it necessary to increase the unemployment rate to successfully fight inflation? In a related action, the government shut down Signature Bank, a regional bank that was teetering on the brink of collapse in recent days.

☆ Alex Jones is trying to swing a bankruptcy plan where he still gets paid $520,000 a year
▼ + stars: | 2023-03-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Conspiracy theorist Alex Jones filed for bankruptcy, but he wants to be paid $520,000 per year. Jones owes around $1.5 billion to the relatives of the Sandy Hook shooting victims. Jones and his company, Free Speech Systems — which he fully owns — filed for bankruptcy separately in December and July, respectively. As part of the bankruptcy proceedings, Free Speech Systems filed a reorganization proposal on Tuesday. It sources some of its products from a company called PQPR Holdings, to which Free Speech Systems owes $54 million.

☆ Fact Check-Oprah has not launched weight loss gummies, contrary to online posts
▼ + stars: | 2023-02-16 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Oprah Winfrey has called out as false and fraudulent posts on social media that say she has launched or is selling Keto weight loss gummies. “TIME did not publish this article.”In October 2022, Winfrey advised social media users on her Instagram (here) and Facebook page (here “Fraud alert! Please don’t buy any weight loss gummies with my picture or name on them. There have been social media ads, emails, and fake websites going out and I want you to hear it straight from me, that I have nothing to do with them. Posts online do not show weight loss gummies officially promoted by Oprah Winfrey.

☆ Breakfast giant Post is making a bet on cereal designed to put you to sleep
▼ + stars: | 2023-02-16 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

The company behind Grape Nuts has a new cereal designed to be eaten before bed. Post's "Sweet Dreams" is designed to stoke your body's melatonin production. It's the latest new food or beverage product designed to help you sleep. Post Consumer Brands will start selling "Sweet Dreams" across the US, the company said on Thursday. Those ingredients make the cereal "designed to be part of a healthy sleep routine while still satisfying those nighttime food cravings," Post said in an announcement.

☆ I'm a virtual therapist who booked $350,000 in revenue last year. Here's how I built my business with patients, coaching clients, and social media.
▼ + stars: | 2023-02-03 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

Kelly McKenna started her own virtual therapy practice in February 2021. Her longing for customer connection and her experience with telehealth prompted McKenna to launch a virtual therapy practice in February 2021 called Sit With Kelly. The telehealth industry grew in popularity during the pandemic, and virtual therapy and mental-health services saw substantial increases. There has never been a better time to start a virtual practice, McKenna said. The course comes in three tiers, which focus on specific aspects of running a virtual business.

☆ CBD Gummies, Beer Are Trashed as Hong Kong Bans Cannabis Compound
▼ + stars: | 2023-01-31 | by ( Dan Strumpf | ) www.wsj.com time to read: 1 min

Hong Kong’s ban on products containing CBD threatens penalties of up to seven years in prison for possession. HONG KONG—Businesses and residents are dumping their CBD products ahead of a new law starting Wednesday that criminalizes possession of the cannabis derivative, ranking it alongside heroin and cocaine. Products like oils, drinks and gummies infused with CBD, or cannabidiol, have been disappearing from store shelves in recent weeks. Authorities placed disposal boxes around the city for users to offload CBD-laced items. Business owners are slashing prices on remaining stock, throwing fire-sale parties and converting storefronts as they shift into new lines of business before the law takes effect.

☆ Weed’s next frontier is in Asia
▼ + stars: | 2022-12-23 | by ( Thomas Shum | ) www.reuters.com time to read: +3 min

HONG KONG, Dec 23 (Reuters Breakingviews) - Asia is beginning to warm up to the use of cannabis. Thailand legalised marijuana cultivation at home in 2022, while South Korea, Japan and Malaysia are paving the way for pharmaceutical applications. South Korea was the first country in East Asia to legalise pharmaceutical cannabis, and Japan, Malaysia and Taiwan are all considering similar moves. If American experience is any guide, regulated pharmaceutical use will inevitably trickle into the recreation market, boosting aggregate demand. Cannabis in Asia will burn slowly, but where there is smoke there may eventually be fire.

[1/5] A person enters a cannabis shop near the venue of the Asia-Pacific Economic Cooperation (APEC) Summit in Bangkok, Thailand November 17, 2022. Since Thailand decriminalised cannabis this year shops selling homegrown and imported strains, pre-rolled joints and gummies sprang up rapidly. A cannabis regulation bill to govern cultivation, sale, and consumption has been delayed in parliament, causing confusion over just aspects will be legal. The president of Thailand's association of forensic physicians, Smith Srisont, petitioned a court last week to re-list it as a narcotic. Akira Wongwan, the chief executive of a medical cannabis business, Adam Group, said profit margins for recreational cannabis were "super high".

☆ Bethenny Frankel: I went from a 'Real Housewife' to a credible businesswoman. It took me a while to realize my success wasn't a fluke.
▼ + stars: | 2022-11-03 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +7 min

I used to joke and say I'm a beauty influencer. It took a while for me to realize that my success wasn't a fluke and that I wasn't a one hit wonder. Now that I've proven myself in business, I'm actually ready to switch gears. As a mother, I think accountability is what I'm talking about, because these toxic messages are being sent to my daughter. I may not always know what the hell I'm talking about, but we're going to figure it out together.

☆ Oprah Winfrey wants fans to know that she doesn’t endorse weight loss gummies or pills
▼ + stars: | 2022-10-31 | by ( Toyin Owoseje | ) edition.cnn.com time to read: +2 min

CNN —Oprah Winfrey is warning fans against falling victim to companies selling weight loss products using her name and image. On Sunday, the 68-year-old former talk show host and media mogul took to Instagram to distance herself from gummies being sold online, saying she does not endorse edible weight loss products. In the short video, Winfrey said she felt compelled to address the online scams after being approached five times in one week by people looking for weight loss gummies. “I have nothing to do with weight loss gummies or diet pills and I don’t want you all taken advantage of by people misusing my name,” she told her 21.6 million Instagram followers. Please don’t buy any weight loss gummies with my picture or name on them.

LONDON, Oct 28 (Reuters) - Fresh vegetables and fish are falling off the menu. Joanne Farrer used to regularly serve her three children roast beef dinners or stews packed with fresh vegetables. Volume sales of fresh vegetables fell by more than 6% and fresh meat by over 7% in August, for example, while sales of snacks and candy rose almost 4%. "We also know that cheap highly processed foods are the ones most likely to cause obesity." "If fresh food is cheaper then we'll get that, but it's not often on offer."

☆ Cannabis company inks deal with Circle K to bring weed to Florida gas stations
▼ + stars: | 2022-10-20 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Select Circle K locations in Florida will begin selling marijuana for medical use in 2023. In Florida, citizens may receive a medical marijuana card for PTSD, cancer, and Parkinson's disease, among other conditions, Axios reports. "The opening of RISE Express stores at Circle K locations is a game-changer. Florida's current laws around marijuana use only permit the drug for those who possess a medical marijuana card typically issued for chronic conditions. Over 700,000 Floridians are currently registered active cardholders in the state's medical marijuana program, according to the Florida Department of Health.

☆ A weed gummy theory for the Fed’s high-stakes interest rate gamble
▼ + stars: | 2022-10-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

Here’s the thing: The Fed right now is wearing blinders, and it only cares about bringing down inflation, my colleague Paul R. La Monica writes. The Weed Gummy TheoryThere’s an analogy offered by investment analyst Peter Boockvar last month that I can’t stop thinking about. He compared the Fed to an eager but inexperienced consumer of weed gummies, which, notoriously, take longer than anyone expects to kick in. Bankruptcies: Rate hikes make it more expensive for companies to pay down debt, increasing the risk of corporate bankruptcies and defaults. The so-called PPI, which tracks what suppliers charge other businesses for goods and services, showed prices going up 8.5% from a year ago.

☆ Major League Baseball strikes sponsorship deal with CBD maker Charlotte's Web
▼ + stars: | 2022-10-12 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +1 min

The league is teaming up with Charlotte's Web Holdings Inc., a maker of CBD products, in an exclusive multi-year partnership. Charlotte's Web makes CBD products like gummies and topical sprays. Charlotte's Web will become the "Official CBD of Major League Baseball." The agreement between MLB and Charlotte's Web came after a "rigorous approval process," the league said in a release. Although the Food and Drug Administration has not certified CBD products, their popularity has grown exponentially.

☆ Comedians sue over drug search program at Atlanta airport
▼ + stars: | 2022-10-11 | by ( Kate Brumback | ) www.nbcnews.com time to read: +6 min

Lawyers for the two men filed a lawsuit Tuesday in federal court in Atlanta alleging that they were racially profiled and illegally stopped by Clayton County police at Hartsfield-Jackson Atlanta International Airport. The Clayton County Police Department did not immediately respond Tuesday to an email seeking comment. Clayton County police said at the time that it was “consensual.”“Mr. The lawsuit names Clayton County and the police chief, as well as four police officers and a district attorney’s office investigator. The comedians seek a jury trial and ask that the Clayton County police jet bridge interdiction program be declared unconstitutional.

☆ How the $36 billion vitamin industry tricked a generation of adults into believing sugary gummies were the ticket to good health
▼ + stars: | 2020-10-07 | by ( Rachel Premack | ) www.businessinsider.com time to read: +21 min

But some consumer advocates and doctors worry that those supplements don't have as many benefits as people think. "Our gummy vitamins have been on fire," CEO Matt Farrell told investors in a July earnings call. He said that Hero Nutritionals, founded in 1995, created the first gummy vitamin for the American market. A Perrigo representative said it no longer manufactured gummy vitamins, and it did not respond to further inquiries.) But the doctor had something to admit: He takes a gummy vitamin every day.

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