The legal marijuana sector could unfold and function like the beer industry, with small batch, artisanal varieties grabbing market share alongside larger brands
MARIJUANA: AMERICA’S NEXT GREAT INDUSTRY: The legal marijuana sector could unfold and function like the beer industry, with small batch, artisanal varieties grabbing market share alongside larger brands–potential precursors to public companies. Read more
STIGLITZ: US RECOVERY UNLIKELY THIS YEAR: The U.S. may have shown signs of a growth pickup last year, but Nobel Prize winning economist Joseph Stiglitz remains unconvinced the economy is in recovery mode. Read more
SAKS ON SECURITY: The massive credit card breach that’s ensnared Target and Neiman Marcus—and reportedly may have hit at least three other retailers—not only affected the stores that were directly impacted, but the retail industry as a whole, Saks president Marigay McKee told CNBC at the Financo CEO Forum. Read more
WALL STREET CELEBRATES RETAIL SALES; S&P 500 POSTS BEST DAY OF THE YEAR:Read more