*By Madison Alworth*
There's a lot to keep track of when you're getting high, so three enterprising college seniors started Hemper in 2015 to ship stoners whatever they needed ーminus the pot .
"We'll do smoking accessories, Birchbox style," recalled the Hemper's co-founder and CEO Bryan Gerber in an interview recently with Cheddar.
The company raised $1 million in seed funding. The service has 10,000 subscribers and has shipped 200,000 boxes, bringing in about $6 million in revenue ー $2.6 million of that last year. Part of the company's growth can be attributed to Hemper's retail push: Boxes are available in 700 stores, with the goal to be in 3,000 stores by the end of 2019.
Hemper boxes, which cost around $30 a month, change up every month with different products.
"It's a discovery tool for cannabis users," Gerber said.
For full interview, [click here](https://cheddar.com/videos/subscription-box-to-help-you-get-high).
Orangetheory Fitness is redefining the future of workouts with smarter tech, strength-based programming, and community-driven studios built for what’s next.
Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."