Walmart stock hits all-time high after announcing partnership with OpenAI

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Walmart stock hits all-time high after announcing partnership with OpenAI
Walmart (WMT) is flashing a historically bullish signal ahead of tomorrow's first-quarter earnings report
Here on the Marijuana Minute, you will find the top stories from around the industry in this week’s Cannabis Industry News Recap for the week of May 20th – 26th, 2019. The NFL Could be on the Verge of Allowing Cannabis for Pain Management The NFL has long been a staunch opponent of medical cannabis use. All players are tested for cannabis at least once per year, with positive results leading to steep fines, mandatory participation in substance abuse programs, and playing suspensions. But it looks like that could all change — and soon. Read full NFL article here CBD Industry Trembles After FDA Crackdown The widely popular cannabinoid called CBD (cannabidiol) has taken the nation by storm. Many have heard the FDA’s disapproval of CBD producers and sellers advertising the drug as a cure-all, from anxiety, pain management, inflammation, and the likes. The FDA has an iron fist that should be feared as it is powered by it’s $6 billion budget, over double that of the DEA’s previous $2.86 billion budget. The FDA continues to take a heavy stand as over the past month they charged three CBD companies after they violating the federal food and drug act. The charges came after the companies misbranded and made false or unsubstantiated …
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As the CBD industry continues to thrive, we see the advent of more players entering the space. From unique product offerings and verticals to big-box retailers, all sides of the equation are beginning to point towards a very large and budding CBD industry. As of recent, massive retailer, Walmart Inc. (NYSE: WMT) has been busy getting ready for the day that they can sell CBD. Reporters at The Post have been in communication with the executives of these major chains, including the executives at Target Corporation (NYSE: TGT), who have also been reportedly meeting with CBD product manufactures. Many of these big-box chains are quietly looking into drinks, gummy bears, topical creams and oils that are infused with Cannabidiol, or CBD. These seem to be the most popular product verticals among the masses and the more highly applicable. As an active ingredient without any psychoactive effects, chains like Walmart are excited to be able to offer other products that can relieve stress, anxiety or dull pain symptoms. Large supermarket chains such as Kroger Co. (NYSE: KR) and Safeway in the U.S. are also requesting samples of CBD products along with any up-to-date lab results and current health studies. Despite the …
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