Altria— the parent company of Phillip Morris who makes Marlboro cigarettes, has invested a massive amount of money into medical and recreational marijuana. Altria reportedly invested $2.4 billion into Canadian medical and recreational marijuana company Cronos Group. As a result, Altria now has a 45 percent stake in the company. Another round of $1.4 billion
Audi has announced a new electric vehicle called the E-Tron GT Concept. It is a sedan that runs on the same drivetrain and battery platform that will be in Porsche’s first EV, the Taycan. Sitting up on 22s, the E-Tron GT is powered by a 90kWh battery pack generating 434 kilowatts of power, or 590
Michigan became the first state in the Midwest to legalize marijuana for recreational use after Proposal 18-1 passed on Tuesday (November 6). Medical marijuana was first approved by the state in 2008, making it the 13th state to legalize medical cannabis. Michigan is also one of two states, the other being Alaska, where households are
2 Chainz recently announced that he has started his own cannabis company called The Gas Cannabis Co. The company is in partnership with Mazel Management Group and Green Street Agency, and will include a variety of products. 2 Chainz issued a statement speaking on his brand, saying “I know quality GAS by the look, the
James Prince recently sat down with the L.A. Leakers on Power 106, where he addressed Drake and Pusha T’s beef yet again. This time around, Prince was asked about Drake speaking about the rules of battle rap during a sit-down on LeBron’s HBO show, The Shop. Prince responded by saying, “I think that you can
According to a report, Sears filed for Chapter 11 bankruptcy on Monday. The company has plans to shut down 142 more stores in addition to the spots they’ve already closed. Reuters noted that the company had 70,000 employees at one point, but has not turned a profit since 2011. Sears said that it has $6.9
The social media platform Snapchat is apparently experiencing a financial downturn after rapidly losing money according to a Wall Street analyst. CNBC initially reported the story showing that Snapchat, Snap Inc., dropped five percent and are hovering around $7 per share. This is the lowest share price Snapchat has experienced all year. “While it is
In this VladTV clip, Jermaine Dupri spoke on recording his first album in 1996, and how “Money Ain’t a Thang” came about. Jermaine Dupri then dived into how he and Jay-Z became friends. The two met in Harlem during a XXL shoot, and maintained a friendship after. Dupri also spoke on how he and Jay
Amazon announced that they will be raising the minimum wage for their U.S. full-time, part-time, seasonal and temporary employees to $15 starting on November 1. There are currently 250,000 people that work for Amazon with plans to hire another 100,000 for the upcoming holiday season. CEO Jeff Bezos commented on the decision, stating, “We listened
In what is surely a groundbreaking policy, Los Angeles International Airport is now allowing travelers to fly out of the airport with marijuana. TSA says they will not stop or arrest anyone who has weed on them during the security check. In a statement regarding the new policy, LAX stated, in part, “[i]n accordance with
