VividGro Increasing its Stake in Agricultural Tech for Cannabis
Agricultural technology company VividGro announced Tuesday it has acquired a home grow marijuana app. The company's President David Friedman explains how this acquisition is helping VividGro expand its footprint in the horticulture industry especially for weed.
"This gives us access to the home grow market, which is a quicker and more rapid penetration point," says Friedman. "Eventually we will grow into the commercial side of the market."
Friedman says much of the infrastructure being built in the marijuana space is being borrowed from other industries. "That means the opportunity is limitless," says Friedman. "We recognize the growth in cannabis right now is going to fuel our ascent."
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Disney content has gone dark on YouTube TV, leaving subscribers of the Google-owned live streaming platform without access to major networks like ESPN and ABC. That’s because the companies have failed to reach a new licensing deal to keep Disney channels on YouTube TV. Depending on how long it lasts, the dispute could particularly impact coverage of U.S. college football matchups over the weekend — on top of other news and entertainment disruptions that have already arrived. In the meantime, YouTube TV subscribers who want to watch Disney channels could have little choice other than turning to the company’s own platforms, which come with their own price tags.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
