The CEO of Whole Foods just dropped a hint that the grocery chain could soon start carrying marijuana products. It's a sign that the biggest consumer companies are 'looming' over the industry.

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The world's largest consumer companies are scrambling to try and figure out how to ride the upside of the cannabis craze.

Apart from beermakers, more traditional food-and-beverage companies are"looming" over the sector, said Korey Bauer, a managing director at Foothill Capital Management and the portfolio director for the newly-launched Cannabis Growth Fund

Bauer said he's spoken to executives at a number of consumer-packaged goods companies who've signaled that they're interested in cannabis.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

LostBolton They would probably go after $TGOD, the biggest organic cannabis producer in the world.

Great, I will stop shopping there altogether..

Sweet dreams anyone SHORT $TGODF, to Infinity and Beyond BuzzDankyear

$TGOD and $OGI be like

Organic and fair trade certified! 😎

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Aramco CEO says oil industry facing 'a crisis of perception'Saudi Aramco's chief executive said on Tuesday the oil industry is facing &... Wow I just can't think of why that may be... Good! 'Crisis of perception' very interesting sentence/view 👌👌👌 lots of things are going through this crisis around the world!!
La source: Reuters - 🏆 2. / 97 Lire la suite »

Weak investment climate main 5G risk, not security fears: EricssonWeak investment climate main 5G risk, not security fears, says Ericsson CEO MWC2019 via JC_Stubbs Busvine jc_stubbs Busvine
La source: Reuters - 🏆 2. / 97 Lire la suite »

How A 172-Year-Old Company Is Innovating Life Insurance: Interview With CEO Eileen McDonnellEileen McDonnell is one of the great leaders of our time. In an industry where innovation is usually not the standard she has built a remarkable culture of flexibility and inclusion and many practices. 🎩 😁 👕👍Great! 👖 Awake_Aileen THIS! “I listen closely to employees and we frequently survey them, conduct roundtable lunches and have executive manager meetings. ...We have worked hard to develop an environment that people take pride in and a culture where people enjoy interacting with their coworkers.” 👍🏼 True
La source: Forbes - 🏆 394. / 53 Lire la suite »