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Tag Archives: new business ideas

Cannabis growers in marijuana mega-merger

Two Canadian marijuana growers are hoping to get high on profit after agreeing to merge and create a $6bn (£4.2bn) company. Aurora Cannabis is buying smaller pot producer CanniMed Therapeutics after a far-from-mellow takeover battle between the firms. Canada plans to legalise recreational marijuana before July. And the dope …

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Pension probe

Over the past decade a bitter battle has been waged to shine a light into an industry that manages £6tn of savings including vast pension wealth. It is a fight to bring the underlying costs and charges of investing out of the shadows.Although individuals and pension funds have always …

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Blockchain advocate

Jamie Smith will never forget the precise moment she became interested in blockchain. “You can trace it to the exact age of my son,” says the former White House deputy press secretary, whose impressive CV includes stints working for Barack Obama, Hillary Clinton and Madeleine Albright.Two-and-a-half years ago, having …

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Earn, and breathe

It’s not just high powered meetings, networking and speeches at the World Economic Forum, some attendees are also taking part in meditation sessions. “There’s always a quiet place in your mind,” says Rick Goings, the boss of Tupperware Brands. Despite being at the helm of a company valued at …

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Carillion collapse: Insurers pay out £30m to suppliers

Insurers have said they will pay more than £30m to businesses owed money by collapsed construction giant Carillion. Sums ranging from £5,000 to several million pounds are being paid to firms which had insurance policies against bad debts.However, most of Carillion’s suppliers risk getting little or nothing back, as …

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Scandal-hit club shuts amid groping claims

Media playback is unsupported on your device The Presidents Club says it is to close following allegations that hostesses were groped at its men-only annual charity dinner.It said remaining funds would be distributed to children’s charities “in an efficient manner”.There was widespread outrage following claims about the event by …

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Meat supplier to Wetherspoon's probed over food hygiene

A meat wholesaler which supplies Wetherspoon pubs, schools and care homes is being investigated over food hygiene concerns. The Food Standards Agency (FSA) said it had stopped any meat leaving Russell Hume company sites and unused meat had been withdrawn from its customers.Wetherspoon pubs had removed steak from the …

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