Accessories, including beauty and wellness products, is a growing category for DSW and the company said that it will continue to be a component of its growth strategy.
As institutional investors warm up to the cannabis industry, high-profile mergers and acquisitions are beginning to shape the multi-state cannabis market outlook.
Although this proposal has been in the works for a while now, it’s looking like cannabis consumption lounges will be legal at some point this year. Â
For one, the cannabis and hemp consumers are going to become more discerning, both in terms of the quality of product as well as the purity, safety and reliability of product.
In the two states where cannabis is cheapest, Washington and Oregon, there is currently a glut of cannabis cultivators; leading to low prices and oversupply.
Altria, the parent company of Philip Morris USA and maker of the Marlboro cigarette brand, is reportedly considering a bold move to join the cannabis industry.