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Beverage Companies Getting into the Weed Business

While you've been working on your 2018 resolutions all year (I hope you are) all your favorite crypto
Beverage Companies Getting into the Weed Business
By Hipsternomics  • Issue #37 • View online
While you’ve been working on your 2018 resolutions all year (I hope you are) all your favorite cryptocurrencies have lost 80% of value since start of 2018. I hope your resolution wasn’t to buy more cryptos.

Addictive streaming services race for Emmy wins
Addictive streaming services race for Emmy wins
Jeff Bezos, Amazon’s Chief and also the world’s richest person with a net worth of $164 billion, has announced a $2 billion initiative “to help homeless families and create a network of nonprofit preschools in low-income communities.” The Bezos Day One Fund will focus on two initiatives, first, to fund existing nonprofits and issue annual awards to organizations moving the needle to shelter and support the immediate needs of young families. Secondly, it will operate a network of high-quality, full-scholarship preschools in low-income communities. As Bezos wrote in his anouncement post, this initiative will have “intense customer obsession. The child will be the customer.”
Chart of the week
Does Geico really save you 15% or more on car insurance?
Does Geico really save you 15% or more on car insurance?
Interesting Quick Hits
  • Coca-cola wants to sell you weed drinks announcing its interest in CBD-infused drinks. Cannabis has recently become the latest trendy ingredient for beverage makers in attempt to boost their sales. Constellation Brands (makers of Corona beer) recently invested in Canopy Growth, while Diageo PLC, maker of Guinness beer, has expressed interest in Canadian cannabis producers. Heineken NV’s Lagunitas craft-brewing label has launched a brand specializing in non-alcoholic drinks infused with THC, marijuana’s active ingredient.
  • Rihanna goes after Victoria’s Secret lingerie market share with the launch of its Savage x Fenty lingerie brand. While Victoria’s Secret continues to lose its dominance on the lingerie market and its parent company, L Brands stock price has lost over 50% of value in 2018 alone.
  • Domino’s tattoos are forever The pizza chain announced a promotion in Russia that anybody who gets a tattoo of the Domino’s Pizza logo will get free pizza for life. People would then post a photo on social media of their tattoo in a visible place with the hashtag #dominosforever, and would receive a certificate allowing them to receive 100 free pizzas a year of any size for 100 years. 381 people were won this promotion before it was abruptly ended due to over subscription. What would you tattoo on your body for free food? lol
  • Netflix cleans up with 23 Emmy nods as the streaming services battle it out for the top awards and viewership race. Amazon with 5 Emmys, and HBO with 23 wins. Netflix stock has almost doubled just in 2018 alone.
Companies YTD: Coca-Cola +1%, Canopy +113%, Tilray +522%, Constellation Brands -7%, Domino’s Pizza +50%, L Brands -50%, Netflix +87%, AT&T -14%.
Resource of the Week
  • Art: “Soul of a Nation” exhibit opens up at the Brooklyn Museum. This exhibit is an introspective examination of the broad spectrum of Black artistry from 1963 to 1983, which includes more than 150 pieces directly addressing “the unjust social conditions facing Black Americans”.
  • Random: A day in the life of Maverick Carter Meet the man behind some of the business success of Lebron James, who helped negotiate Lebron’s $1bn Nike lifetime deal, and cofounded “Uninterrupted” and SpringHill entertainment.
  • Podcast: The Business of Hurricanes, by The Motley Fool podcast. This investment podcast discusses how hurricanes impcts local economies and which businesses stand to make a profit during disasters.
  • Podcast: Kobe Bryant Mamba Mentality, by Lewis Howes School of Greatness. Kobe’s known for what he calls his Mamba Mentality, but this interview digs into the human aspect, his competitive nature and the drive that makes him want to become a media powerhouse, after basketball.
  • Can You Afford to Retire? Check out this simulation by the WSJ to see how much you will need to stash monthly or annually in order for you to retire at your desired age.
  • Bonus: Here’s a full list of upgraded features with the Apple iOS 12 release.
This weekend’s brief was written at Novo Coffee in Downtown Denver, while vibing out to “Souletiquette Radio session 119” one of my favorite soundcloud groups, playing chill hip-hop and soulful vibes. Hope you enjoy!
Thank you for reading through this weekend’s brief! Drop a note to share what articles you found most interesting this week.
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