In the Empire State, recreational marijuana sales could balloon to $7 billion once the market is fully established. Seemingly every cannabis company in the country wants in.
Your big-picture run-down
Though sales are expected to begin sometime in 2022, New Yorkers can now possess and smoke marijuana if they re over the age of 21. Medical marijuana was already legal in New York.
Growing marijuana at home, cannabis delivery, and consumption lounges where customers can smoke cannabis in a designation location will also be allowed in the state, though an exact date is still not known.
The state s limited medical cannabis program will also see expansion under the new adult-use bill. The list of qualifying medical conditions for medical cannabis will be expanded, along with product options. Flower products, which are not allowed under the current program, may be permitted.
Why I have 21 credit cards, and how I decide which ones to keep
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Suit Supply
As vaccines roll out, companies are tapping into pent-up demand after a difficult, lonely year.
Sexy ad campaigns are on the rise, with Suitsupply promising a new normal full of swapping spit. Making out in ads has seen a 165% increase in click-through rates so far in 2021.
It started with Suitsupply.
The suit company released an advertisement in early March that showed an orgy of intertwined bodies, slotted on top of each other. One man his mouth wide open, being licked by a woman straddling him was wearing a suit. Everyone else was in various stages of undress, groping each other.
Review: Is the United Explorer the best credit card for you?
The United℠ Explorer Card is a great way to save money and get better access to United awards while earning United MileagePlus miles with every dollar you spend.
Regular United customers will love a free first checked bag for the cardholder and a companion on each trip, a statement credit worth up to $100 every four years for TSA PreCheck or Global Entry, and two one-time passes to the United Club each anniversary year.
The United℠ Explorer Card carries an annual fee of $95, waived the first year, which is on par with other entry-level airline credit cards. Since you ll get $95 in value with the free checked bags in one or two trips each year alone, it s easy to see how this card could be worth it for United flyers.
Here s what we wrote about this week:
Just months after breaking the record for the largest funding round in the psychedelics field, Atai Life Sciences has raised another $157 million to continue to develop treatments for mental illnesses like depression, addiction, and anxiety. CEO Florian Brand told Insider the money will be used to double down on the company s strategy.
Jason Wild had a pretty good year last year.
His hedge fund, JW Asset Management, returned over 146% in 2020 buoyed by significant investments in the cannabis industry. In an interview, Wild shared the six cannabis stocks he s betting on, including Trulieve and TerrAscend, Green Thumb Industries, and more.