The ‘Apple store of weed’ may soon be toast
February 7, 2023
MedMen, which operates a chain of cannabis stores, has gone from being compared to Apple’s retail business to the verge of failure. The chain points to falling prices, excessive debt and competition from illegal sellers as contributing factors that have brought it to the point where it has only $15.6 million in cash and $137.4 million in debt.
Recent News
NHTSA Investigates Tesla Autopilot Again After Recent Software Update
Tesla Autopilot is once again the subject of an NHTSA investigation.
Home Depot Holds Halfway to Halloween Sale: Skelly’s Back
It’s halfway to spooky season, and Home Depot is celebrating.
Kaiser Discloses Health Insurance Data Breach
Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter).
Satirical Site The Onion Acquired by Global Tetrahedron
The satirical news website, The Onion, has been sold by G/O Media to a group of digital media veterans.