State Budget Virus Shortfalls Could Be Saved by Cannabis
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
Publication Date |
Jul 25, 2020
Episode Duration |
00:32:50

Boris Jordan, Curaleaf executive chairman, joined to talk about how our stay-at-home reality is delivering a boost to the cannabis industry with increased demand and more states considering recreational marijuana for revenue amid budget shortfalls, and what a Biden administration could mean for the sector. Entertainment mogul Steve Stoute, founder and CEO of UnitedMasters and Translation, came on to discuss his plan to upend the music industry by giving artists 100 percent royalties and how the entertainment industry is evolving without live events. Howard University President Dr. Wayne Frederick explained why the school's $209 million debt sale drew so much investor attention, the opportunity for HBCUs amid the push for racial equity, and the uncertainty facing colleges over the fall semester. Then Mooky Greidinger, the CEO of Cineworld, the parent company of Regal Cinemas, joined to discuss his plans to safely reopen theaters and why he thinks consumers will return for the in-person movie experience.

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