Our topic on todays edition of made. Lets start with one drug whose image has undergone a major make over in the last years cannabis in fact just recently the United Nations commission on narcotic drugs removed marijuana from its most dangerous drugs category now it took them just 59 years to make that move but its one that could trigger more research into cannabis is Medicinal Properties for this next story we take you to denmark where our reporter max sanda managed a rare visit to a cannabis production facility. But they have colorful names like. Pink kush or delays but whats grown in these greenhouses near the danish town of wooden wont end up in amsterdam coffee shops this is Medicinal Cannabis for an up and coming european market. It all started here just a few greenhouses down the road much speed as a Family Business is scandinavians largest producer of tomatoes and cucumbers now hes branched out into cannabis what drives him creating a product that can help people. For me person
Depending on what were talking about but theres one almost universal truth when it comes to drugs that theres money to be made from the business of drugs thats our topic on todays edition of made. Lets start with one drug whose image has undergone a major make over in the last years cannabis in fact just recently the United Nations commission on narcotic drugs removed marijuana from its most dangerous drugs category now it took them just 59 years to make that move but its one that could trigger more research into cannabis is Medicinal Properties for this next story we take you to denmark where our reporter max sanda managed a rare visit to a cannabis production facility. They have colorful names like. Pink kush born to lanes but whats grown in these greenhouses near the danish town of wooden wont end up in amsterdam coffee shops this is Medicinal Cannabis for an up and coming here pin market. It all started here just a few greenhouses down the road much speed as Family Business is scan
Upside. Looking at commodities. Crude moving to the upside. A big move to the downside with , on the vaccine and signs of Economic Growth in the u. S. Particularly helping people not to look for havens or avoid havens, get out of them. Gold down half of 1 . Bitcoin surging up again, it has above 18,500. Juliette lets get the first word news. The head of the u. S. Government Coronavirus Vaccine program says results of trials by astrazeneca show encouraging signs it may help block the most severe cases. No one given the vaccine developed severe covid, while 16 people on the placebo debt. He called the results excited. Nine, reports 70 process astrazeneca report 70 success. The centers for Disease Control a model shows weekly u. S. Cases and deaths rising every week for at least the next month. Italy is the Second European nation to report 50,000 total fatalities. The u. K. Is extending lockdown next week in favor of even tougher regional curbs. Reports from washington say the Trump Admin
Good thursday morning. Welcome to squawk alley. Im jon fortt with carl quintanilla. It is cloud week on squawk alley. If you were betting against snowflake, wur oyoure out in t cold this morning. That stock up is 12 same for Cloud Security and authentication specialist okta were going to talk to the ceo to see if this thing may stabilize from here or go higher splunk, that is the sound of a cloud stock dropping 22 after missing Sales Guidance for the third quarterer in quarter in a row. All this happening as amazons cloud conference is in full swing. Salesforce announced the second Biggest Software acquisition ever and we started the week on squawk alley talking to ibm president Jim Whitehurst who came to big blue in what and is still thelargest Software Acquisition ever redhat driven by a hybrid cloud. Julia, investors are betting on further growth from already heady levels we can certainly see that in what is happening with snowflake this morning it is reapproaching the highs that so
Welcome to squawk alley. Im Carl Quintanilla Julia Boorstin and jon fortt are with us for the hour the dow session alone was down 236. Were slightly off that s p 500 is off the early lows as well zoom helping to lead the nasdaq 100, john. Looking forward to disney and cisco earnings to night. That is definitely true, carl the big themes, protect investors today. Number one, game on. The play station 5 from sony is shipping and in stores as of today. Joining the x box series x this marks the start of the biggest console refresh. Really the only major console refresh in seven years its happening during pandemic lockdown and then youve got china. I mean coming off of a record breaking singles day where the chinese Online Consumer is flexing. We have to think about that exposed deadline for tiktok to do a deal in the u. S. For those assets i dont know if the president is interested in shutting down tiktok anymore fair to say his attention is elsewhere. Thats right, jon today was the day wh