Stormy Simon was the President of Overstock.com before she left the position in 2016 to start working in the cannabis industry. Simon is a huge advocate for medicinal marijuana and the state adoption of cannabis legalization.
Simon says that she sees a lot of similarities between the start of the e-commerce industry and the start of the legal cannabis industry. Simon was ready for a new challenge and wanted to champion an industry that she believes will revolutionize healthcare.
Simon does say that the federal government could have a large hand in the future of cannabis. However, the country-wide adoption seems inevitable to her at this point.
A ransomware attack has prompted a health care chain that operates 30 hospitals in six states to divert patients from at least some of its emergency rooms to other hospitals, while putting certain elective procedures on pause, the company announced.
Online fashion retailer Sheen is reportedly said to go public. Multiple media outlets reported that the Chinese-founded company has filed confidentially for an initial public offering in the U.S.