Bargain hunters fire up rally in cannabis stocks

Bargain hunters fire up rally in cannabis stocks
NEW YORK (Reuters) – Some cannabis stocks are seeing their prices surge as investors hunt for winners in the ashes of an industry shakeout that hammered share prices last year. FILE PHOTO: Chemdawg marijuana plants grow at a facility in Smiths Falls, Ontario, Canada October 29, 2019. REUTERS/Blair Gable/File Photo Shares of Tilray Inc (TLRY.O) and Canopy Growth Corp (WEED.TO)... Read More

Nestle teams up with Canadian plant-based ingredients makers

Nestle teams up with Canadian plant-based ingredients makers
FILE PHOTO: A logo is pictured during the 152nd Annual General Meeting of Nestle in Lausanne, Switzerland April 11, 2019. REUTERS/Denis Balibouse ZURICH (Reuters) – Food group Nestle (NESN.S) has teamed up with Canadian plant-based food ingredient makers Burcon (BU.TO) and Merit to speed up innovation in the fast-growing business segment, it said on Friday. The collaboration will allow Nestle,... Read More

Disruptive decade: Ten things the teen years brought world markets

Disruptive decade: Ten things the teen years brought world markets
LONDON (Reuters) – The 21st century’s teen years, bookended by a financial crisis at the start and the fintech revolution at the end, were a decade of disruption. From negative borrowing costs to bitcoin, here are ten trends that have upended traditional economic and investment models in the past decade: FILE PHOTO: A trader works on the floor of the... Read More

Dollar General to sell CBD cosmetics in select Tennessee and Kentucky stores

Dollar General to sell CBD cosmetics in select Tennessee and Kentucky stores
FILE PHOTO: A sign is seen outside a Dollar General store in Chicago, Illinois, U.S. May 23, 2016. REUTERS/Jim Young (Reuters) – Discount store chain Dollar General Corp (DG.N) said on Tuesday it would sell cannabidiol (CBD) cosmetic products in more than 1,000 stores in Tennessee and Kentucky, as demand for the products grows. CBD is a non-psychoactive chemical found... Read More

Could life insurance go up in smoke for some vapers?

Could life insurance go up in smoke for some vapers?
LONDON/NEW YORK (Reuters) – Global reinsurers are stepping up their warnings to life insurer clients about the potential risks of vaping, putting pressure on underwriters to charge certain vapers higher rates than smokers, or even exclude them altogether. FILE PHOTO: A man uses a vaping product in the Manhattan borough of New York, New York, U.S., September 17, 2019. REUTERS/Carlo... Read More

Wave of European Cannabis firms to list in 2020, analyst says

Wave of European Cannabis firms to list in 2020, analyst says
LONDON (Reuters) – Up to five companies active in the cannabis industry could go public in 2020 in Europe, a continent whose stock markets have largely missed out on the North-American “pot stocks” frenzy, a leading industry analyst said on Thursday. FILE PHOTO: Leaves of a Carmagnola hemp strain plant at a medical cannabis plantation in Trikala, Greece, August 26,... Read More

Pot stocks soar as U.S. House committee clears bill on federal weed legalization

Pot stocks soar as U.S. House committee clears bill on federal weed legalization
(Reuters) – Shares of marijuana companies rose on Thursday after a U.S. congressional committee passed a legislation to decriminalize cannabis, taking it a step closer to being approved by the Democratic-controlled House of Representatives. A marijuana leaf is displayed at a medical marijuana dispensary in Seattle, Washington, in a file photo. REUTERS/Anthony Bolante The bill, which was passed 24 to... Read More

Trump to meet with vaping industry as he mulls tighter regulation

Trump to meet with vaping industry as he mulls tighter regulation
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he will be meeting with vaping industry representatives as his administration considers tightening e-cigarette regulations amid a nationwide outbreak of vaping-related injuries and deaths. “Will be meeting with representatives of the Vaping industry, together with medical professionals and individual state representatives, to come up with an acceptable solution to the... Read More

Siemens CEO deplores admiration for ‘pot smoker’ after deputy praised Elon Musk

Siemens CEO deplores admiration for ‘pot smoker’ after deputy praised Elon Musk
FRANKFURT (Reuters) – Siemens (SIEGn.DE) Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his deputy praised Tesla CEO Elon Musk. FILE PHOTO: Siemens CEO Joe Kaeser looks on before visit of German Chancellor Angela Merkel at the company’s plant in Goerlitz,... Read More

Siemens CEO deplores admiration for ‘pot smoker’ after his deputy praised Tesla

Siemens CEO deplores admiration for ‘pot smoker’ after his deputy praised Tesla
FILE PHOTO: Siemens CEO Joe Kaeser looks on before visit of German Chancellor Angela Merkel at the company’s plant in Goerlitz, Germany, July 15, 2019. REUTERS/Hannibal Hanschke/File Photo FRANKFURT (Reuters) – Siemens (SIEGn.DE) Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after... Read More