7 days agoMan Utd chief Woodward: Solskjaer job secure

first_imgMan Utd chief Woodward: Solskjaer job secureby Paul Vegas7 days agoSend to a friendShare the loveEd Woodward says Ole Gunnar Solskjaer will remain Manchester United manager no matter what happens against Liverpool on Sunday.Supporters are growing restless after United’s spluttering start which sees them in 12th with nine points from eight games.But Woodward insists the club have a long-term plan that includes Solskjaer at the helm.”Ole has also instilled the discipline back into an environment where we may have lacked it in recent years,” said Woodward in an address to staff at Old Trafford. “He is building a squad that respects the club’s history, in which players work hard and respect their team-mates.”No one is bigger than the club. The changes we saw over the summer have resulted in a very young squad. But it’s also a squad, with the players and the culture, that provides a base camp for us to build and grow from as we start our new journey.”He added: “Ole’s vision maps exactly to the core three football objectives we have: we must win trophies, we must play attacking football, and we must give youth its chance,” said Woodward.”The middle section of last season, after Ole’s arrival, feels most relevant to what we want to achieve and where we want to be, we saw a team playing fast, fluid football, with a clear representation of the style and philosophy the manager wants.” TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

Video: Watch TCU RB Aaron Green Do LeBron James’ Powder Toss During A Snowstorm

first_imgAaron Green does LeBron-style powder toss with snow.It’s surprisingly snowing quite hard in Fort Worth, Texas, this afternoon. TCU running back Aaron Green is using the rare snowfall to channel one of his favorite athletes – LeBron James. Standing on the Horned Frogs’ campus, Green did the Cleveland Cavaliers’ star’s famed pre-game powder toss, using a snowball in place of the chalk. Check it out:  Well done, Aaron. TCU opens its season Sept. 3 against Minnesota in Minneapolis.last_img

I will never forgive this – Two men found guilty in murders

first_imgRED DEER, Alta. – Relatives of three members of a central Alberta family who were murdered and their bodies burned lashed out at the two men convicted of first-degree murder in their deaths Wednesday.Jason Klaus and Joshua Frank were found guilty on all three charges by Justice Eric Macklin.The bodies of Gordon Klaus and his daughter, Monica, were found in their burned-out farmhouse near Castor, Alta., in December 2013. Sandra Klaus was never found, although police believe her body was also in the house.The victims were Jason Klaus’ father, mother and sister.His aunt, Marilyn Thomson, said she was sickened when she watched the two men confess to an undercover RCMP officer during the trial.“Jason is also dead to me. The whole family is gone,” Thomson said outside court.“My hatred is immeasurable. I was absolutely devastated to hear and watch the arrogance, the bragging, the conceit — the cockiness and the sheer happiness of Jason and Josh who are obviously buddies and proud of what they had done.”Nicole Thomson said her Uncle Gordon and Aunt Sandra were almost second parents to her.“Part of me will always live in a state of devastation because of what you’ve done,” she said to her cousin Jason, choking back tears.“You are not worthy of the Klaus name. May God have mercy on you two depraved souls. To forgive you would be to sully their worth and I will never forgive this.”During the trial, Klaus and Frank each blamed the other for the murders and gave different versions of what happened.Macklin said he was satisfied beyond a reasonable doubt of their guilt.“Together they planned and carried out the three murders,” he said. “Each one played a crucial role in executing the plan.”Macklin said if the Klaus family dog hadn’t been shot, police may never have known the victims had been murdered. Fire crews arrived at the farm and found the brown Labrador retriever dead.RCMP found two shell casings outside the burning home and two bodies inside. Macklin said police later found the handgun in the Battle River — it belonged to Klaus and matched the bullets found in the family dog.During the trial court heard that Klaus was having problems with his father and offered Frank money to kill the family.Klaus had a cocaine and gambling addiction. He forged cheques on his parents account, promising to pay them back.Macklin said the men’s confessions “fit together like a puzzle and together they form the big picture.”“Mr. Frank intentionally shot Gordon, Sandra and Monica Klaus on Dec. 8, 2013, and set the house on fire to conceal the crime. Mr. Frank knew exactly what Mr. Klaus expected of him and he carried out the murders in accordance with their plan,” Macklin said.“Mr. Klaus did not actually shoot the Klaus family members. However, the Crown has established beyond a reasonable doubt that he planned and deliberated the murders.”Macklin wanted to move immediately to sentencing arguments, but the defence requested more time because the Crown is seeking no chance of parole for 75 years.Life in prison with no chance of parole for 25 years is automatic for first-degree murder, but there are provisions in the Criminal Code to have sentences served one after the other for multiple murders.Crown prosecutor Doug Taylor said he hopes the family and friends of the dead can find some peace once the case is over.“I struggle with this because it’s not my role as a Crown prosecutor to characterize the offence. That’s the role of the court,” Taylor said.“With that said, the word that comes to mind to me and it always has since I learned of the case and got involved is this is a despicable crime.”Follow BillGraveland on Twitterlast_img read more

Pleasant morning in Delhi 34 degrees likely

first_imgNew Delhi: It was a bright and cool morning in the national capital on Tuesday with the minimum temperature recorded two notches below the season’s average at 16.2 degrees Celsius. The maximum temperature was expected to hover around 34 degrees Celsius. “The sky will remain clear throughout the day,” an Indian Meteorological Department official said. At 8.30 a.m. the humidity was recorded at 65 per cent. On Monday, the maximum temperature was recorded at 33.7 degrees Celsius, while the minimum was recorded a notch below the season’s average at 17.6 degrees Celsius, both season’s average.last_img read more

Kylian Mbappés 2018 gets crowned with the Kopa Award

first_imgFrench sensation Kylian Mbappé, was the first ever young player to receive the brand new Kopa Award during the Ballon d’Or gala last Monday.The world of football journalism is learning that they have to be more inclusive in order to evolve, they didn’t only give the first ever Ballon d’Or to the best female player of 2018 but they also gave the new Kopa Award to Kylian Mbappé.Created in the name of football legend Raymond Kopa, this prize is delivered to the best under 21 player in the world and the PSG forward was the obvious choice.Kylian Mbappé had already started his career two years ago when he mesmerized the whole world after making his official debut for AS Monaco, two years later he is already a World Cup champion with France and one of the most expensive football players in history after PSG paid a staggering €180 million for his services.His already impressive numbers from the first year as a professional have done nothing but grow since he moved to the French giants, he has even eclipsed Neymar during his time there and has even managed to earn a better spot in this year’s Ballon d’Or selection.Mbappé already is the future of world football, the true heir to Cristiano Ronaldo and Lionel Messi.I just want to follow my dreams…🖤 pic.twitter.com/By6KXDjTnZ— Kylian Mbappé (@KMbappe) December 4, 2018We would advise you to not confuse this new award with the Golden Boy prize, which is also delivered by the press but it was actually created by Italian newspaper Tuttosport.The France Football Kopa Award is brand new and Mbappé is the first-ever player to receive it, he was right there next to Luka Modric and Ada Hererberg taking all the pictures that confirm he is the best young player in the world right now.But Kylian Mbappé’s year is even more impressive by a few other factors, one being that he even beat Lionel Messi on the list of player voted by the press to be the best in the world this year.While Leo was ranked fifth with 280 points received, the French youngster was fourth with 347 votes in his name.Kylian was only 67 points behind the third place in the podium, which was his compatriot Antoine Griezmann and 131 points behind the second-placed Cristiano Ronaldo.Neymar responds to PSG criticism with a stunning winner Tomás Pavel Ibarra Meda – September 14, 2019 Despite all the backlash he got today at Parc des Princes, Neymar responded by scoring a stunning winner vs Strasbourg.We all knew that Neymar’s…Mbappé’s credit is huge given that he is still very young and his career is only getting started.Always together 😍.. pic.twitter.com/V4RcQzZhLD— Kylian Mbappé (@KMbappe) December 4, 2018With this position inside the list for the adult players, it was pretty obvious that Kylian Mbappé would be the first-ever Kopa Award winner as he stepped on stage to receive the huge honor.This young talent is the one who is leading the brand new generation of very talented footballers to the new era, but he is not the only one who is performing at an alarmingly high level as there are many other great players who have the skill to deliver results and trophies for their club or country.However, despite how impressive the new generations of talented players appear to be right now, Mbappé still seems like the very best star inside a whole constellation of truly amazing talents.We are all in awe with the potentially dominating career that he will have in the next decade, we are also eager to know if he will decide to remain at PSG for his whole career or if he will choose to make the jump to one of the biggest clubs in the world such as FC Barcelona or Real Madrid.We saw him cross paths with president Florentino Perez during the ceremony, maybe they spoke about the future, maybe not.Trophée KOPA 🏆✅ pic.twitter.com/eWAyrgcuGV— Kylian Mbappé (@KMbappe) December 3, 2018How long do you think it will take Kylian Mbappé to win his first Ballon d’Or? Please share your opinion in the comment section down below.last_img read more

Sonic Temple 2019 Lineup With System Of A Down Lamb Of God

first_img Facebook System Of A Down Reunite For Sonic Temple 2019 sonic-temple-2019-lineup-system-down-lamb-god-more Email https://twitter.com/SonicTempleFest/status/1067059068550828032 Twitter Sonic Temple 2019 Lineup With System Of A Down, Lamb Of God, More News Ohio hosts 2019’s inaugural hard-rock festival experience — its stacked lineup reveals a debut with a pedigreePhilip MerrillGRAMMYs Nov 26, 2018 – 1:51 pm Danny Wimmer Presents has announced the lineup for the Sonic Temple Art & Music Festival to be held in Columbus, Ohio on May 17–19, 2019, including the reunited System Of A Down, plus other GRAMMY winners  Foo Fighters, Ghost, Halestorm, and Tom Morello.While replacing the successful 12-year run of Rock On The Range, Sonic Temple aims to be more than just a festival with expanded art, comedy and food experiences.”Although in its inaugural year, Sonic Temple’s pedigree is proven, and its roots are strong,” said System Of A Down’s Shavo Odadjian. “It made total sense for us to be involved.”That pedigree has also drawn GRAMMY nominees Disturbed, Gojira, Joan Jett And The Blackhearts, Killswitch Engage, Lamb Of God, Mark Lanegan Band, Meshuggah, and The Prodigy. The exciting array of rockers also includes Action Bronson, Beartooth, The Black Dahlia Murder, Bring Me The Horizon, Chevelle, The Cult, Pussy Riot, Yungblud, and many more.The fest’s SiriusXM Comedy & Spoken Word Tent will host, among others, GRAMMY winner Henry Rollins, GRAMMY nominee Andrew Dice Clay and Pauly Shore.Tickets for the inaugural experience go on sale at the Sonic Temple Festival website on Nov. 30 at noon, eastern time.Black Dahlia Murder: For The Love Of Melodic MetalRead morelast_img read more

Sri Lanka freezes 41 bank accounts of alleged terror suspects

first_imgSecurity forces patrol outside St. Anthony’s Church, one of the targets in a series of bomb blasts targeting churches and luxury hotels on Sunday, in Colombo, Sri Lanka, on April 27, 2019.Xinhua/A. Hapuarachchi/IANSWith Sri Lanka still reeling in the aftermath of the Easter Sunday terror attacks, the government has frozen the bank accounts of 41 terror suspects. The suspects are mainly those with alleged links to the National Thowheed Jam’aath, which was behind the suicide blasts on April 21. The blasts had killed over 250 people and injured more than 500. The blasts targeted churches and high-end hotels across the country.PTI reports that the 41 bank accounts have a total of $759,000 while $79,333 was seized from the possession of the alleged terrorists during the time of their arrest.Ruwan Gunasekara, the Sri Lanka Police spokesman, was quoted as saying by Time Online that the 41 suspects are in the custody of the Terrorist Investigations department as well as the Criminal Investigations Department.The CID is also looking into the assets of the suspects which amount to USD 30 million.A state of emergency was imposed on the island nation of Sri Lanka since April 23 and the president, Maithripala Sirisena, extended by another month on Wednesday.The Islamic State of Iraq and Syria claimed responsibility for the attack but the country has not let the NTJ due to its alleged links to the ISIS. The attack’s mastermind, Zahran Hashim found dead in a hotel after the suicide blasts. Hashim was a key operative of the NTJ as well.Two days after the bombings, the ISIS, through its news agency al-Amaq, claimed responsibility for the attack saying that it was revenge for the mosque shooting which took place in New Zealand in March. They said that the bombings were a “bloody gift to you”.last_img read more

Dear Comrade box office collection in USA premieres Vijay film beats F3

first_img2NTR Kathanayakudu$482,599 8Jersey$144,687 3Dear Comrade$273,000 1Maharshi$516,441 2Mahanati$303,456 7Oh Baby$148,589 5NOTA$128,760 1Geetha Govindam$377,930 4F2 – Fun and Frustration$259,433 RankMovieCollection RankMovieCollectioncenter_img 3Dear Comrade$273,000 4Arjun Reddy$194,051 Dear ComradeTwitterVijay Devarakonda-Rashmika Mandanna’s Dear Comrade started with a bang and made a superb collection at the USA box office in the premiere shows. It has beaten the record of F3 – Fun and Frustration and become the third biggest opener of 2019 in the country.Geetha Govindam is a blockbuster at the USA box office and the sparkling chemistry between Vijay Devarakonda and Rashmika Mandanna is one of the biggest factors, which contributed to its huge success. The hit couple is back together with Dear Comrade and their presence created a lot of hype. Besides the film is simultaneously released in Telugu, Tamil, Malayalam and Kannada languages.Hence there was a huge demand for the overseas theatrical rights of Dear Comrade and several leading distribution houses were vying their hands for its rights. But Sarigama Cinemas clinched them for a whopping price of Rs 3.50 and planned to release it in over 220 screens across the USA, the UK, the UAE, Australia and other foreign markets in a bid to cash on huge hype surrounding the movie.The hype helped Dear Comrade to make a good advance booking for its opening weekend with its pre-sale business crossing 250,000 hours before its preview shows began. The distributors held a large number of premiere shows across the USA on Thursday, a day before its release in India. The movie witnessed massive response in all the cinema halls and some centres ran to packed houses.The distributors are yet to reveal their business details. If we are to go by early trends, Dear Comrade has collected $273,000 at the USA box office in the premiere shows. A film critic with Twitter handle @benny_speaks tweeted, “#DearComrade USA premiere Gross at 8 PM: $273,000 from 172 locations @TheDeverakonda @MythriOfficial @iamRashmika @bharatkamma.”When the final figures are revealed, Dear Comrade will easily cross $300,000 mark at the USA box office in the premiere shows. The movie has beaten the records of Arjun Reddy, Nota and Taxiwaala and become the third biggest opener for Vijay Devarakonda after Mahanati and Geetha Govindam.Here are Vijay Devarakonda’s top five biggest openers at the USA box office.RankRankMovieMovieCollectionCollectionRank1MovieGeetha GovindamCollection$377,930Rank2MovieMahanatiCollection$303,456Rank3MovieDear ComradeCollection$273,000Rank4MovieArjun ReddyCollection$194,051Rank5MovieNOTACollection$128,760Rank6MovieTaxiwaalaCollection$94,270 5Vinaya Vidheya Rama$181,118 6Majili$162,542 6Taxiwaala$94,270 9NTR Mahanayakudu$102,234 If we are to go by the early trends, Dear Comrade has already beaten the opening records of Varun Tej’s F2 – Fun and Frustration and Ram Charan’s Vinaya Vidheya Rama at the USA box office. It has become the third biggest opener of the year. Here is the list of top 10 biggest opener Telugu Movies in USA – 2019.RankRankMovieMovieCollectionCollectionRank1MovieMaharshiCollection$516,441Rank2MovieNTR KathanayakuduCollection$482,599Rank3MovieDear ComradeCollection$273,000Rank4MovieF2 – Fun and FrustrationCollection$259,433Rank5MovieVinaya Vidheya RamaCollection$181,118Rank6MovieMajiliCollection$162,542Rank7MovieOh BabyCollection$148,589Rank8MovieJerseyCollection$144,687Rank9MovieNTR MahanayakuduCollection$102,234Rank10MovieLakshmi’s NTRCollection$90,770 10Lakshmi’s NTR$90,770last_img read more

We Must All Play a Role in Ending Childhood Obesity

first_imgWe all want our kids and grandkids to grow up happier and healthier than we did. Instead, today’s children are the first generation of young Americans to face the prospect of living their entire lives in poorer health and dying younger than previous generations.The reason is no mystery. Too many of our children—one in three, according to studies—are overweight.The childhood obesity epidemic is having a devastating effect on too many families. Obese and overweight children are sick more often. They too often endure prejudice and bullying at school, leaving them embarrassed and depressed. They miss more school. When they grow up, they have more difficulty leading productive work lives. And they are more likely to suffer from chronic illnesses directly linked to obesity, such as diabetes and heart disease.All of society pays a stiff price for childhood obesity. Twenty percent of the United States’ total expenditures on health care can be linked to conditions associated with obesity. Obesity costs our society more than smoking or drinking.But there is reason for hope.Parents, educators, business leaders, government officials, health care professionals, and nonprofits have launched remarkable initiatives to end this epidemic. The Robert Wood Johnson Foundation has been a leader in these efforts, ever since its dramatic $500 million initiative in 2007 to reverse trends in childhood obesity. And there are signs that we are already creating a brighter future for our children.Parents are getting out and doing things with their kids—hiking, jogging, cycling, swimming, throwing a ball or Frisbee around—and both parents and kids find themselves feeling better. Schools are offering healthy lunch choices, and making good food, including breakfast, available for students who might otherwise be able to afford only junk food, or no food at all. Cities and states are requiring fast-food outlets to post nutrition information. Large retail chains are building fresh-food grocery stores that represent oases of healthy nutrition in “food deserts.” Hospitals and clinics are emphasizing preventive care programs. Foundations such as RWJF, with its efforts to build a Culture of Health, are promoting innovative pilot programs and partnerships. All these efforts, taken together, are truly making a difference.But there’s no question that we have a long way to go. That’s why RWJF is pledging another $500 million over the next 10 years to expand efforts to ensure that all children in the United States―no matter who they are or where they live―can grow up at a healthy weight.Senator Bill Frist, MDWhat can you do? Take a kid bowling, or for a hike. Suggest alternatives to fried foods at the next covered-dish supper held at your church. Write your elected representatives expressing your support for programs to fight childhood obesity. Present a petition to the school board asking that physical education be reinstated or expanded, and that unhealthy snacks and drinks be removed. Ask the city council to ensure that all kids and families have access to safe parks and playgrounds. Donate money or volunteer your time to programs fighting childhood obesity. Buy and serve healthy foods for yourself and your family, and do your best to let everyone in the food chain know—from the local grocery manager to the big brand-name food companies to the farmer at the local greenmarket—that you want healthy, fresh food.It’s been shown time and again, all across the country: If we make healthy food and exercise options easy and affordable, those are the choices that most families will make for their children. Please do your part to help America’s kids. Here at the Foundation, we’ll be supporting you all the way.Bill Frist, a heart surgeon, is a former U.S. senator (R-Tenn.) who has long been involved in promoting good health across America. He is a member of the Board of Trustees of the Robert Wood Johnson Foundation.last_img read more

Water to be released from Tenughat dam only after green signal from

first_imgKolkata: Damodar Valley Corporation (DVC) chairman P K Mukhopadhyay assured on Thursday that water will be released from Tenughat dam in Jharkhand, only after consultation with Damodar Valley River Regulation Committee (DVRRC), which looks after water discharge.Making it clear that DVC has been maintaining very good relations with the Bengal government, Mukhopadhyay said that talks have already been held with the officials of the state Irrigation department and another meeting is scheduled to be held very soon, to ensure that Bengal is not inconvenienced by any means due to release of water from Tenughat dam in the monsoon season. Also Read – Heavy rain hits traffic, flightsIt may be mentioned that Chief Minister Mamata Banerjee and state Irrigation minister Rajib Banerjee has alleged time and again that DVC officials did not inform the government before releasing water from the dams, resulting in flood-like situation in a number of districts in Bengal.”If we are informed some time before the release, then we can make arrangements to shift the people from vulnerable areas,” an official in the state Irrigation department said. Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killedResponding to a poser on the blame game between state government and DVC, Bandyopadhyay said, “I am not aware of any such things in the recent past. We maintain a very cordial relationship and we are hopeful that there will be absolutely no problem in this regard this year.”It may be mentioned that there is a committee comprising representatives of DVC, Central Water Commission and governments of Bengal and Jharkhand. “We usually provide updates on release of water from different dams to the committee every three hours,” a DVC official said.It may be mentioned that in July 2017, several areas of Bankura, West Midnapore and Hooghly were flooded due to alleged indiscriminate release of water by DVC. The situation had reached such a flashpoint that state Chief Secretary Malay De had to speak to his Jharkhand counterpart Raj Bala Verma and request her to maintain a check on the release of water.last_img read more

Drinking coffee may lead to longer life

first_imgYour daily cup of joe may help you live longer, say scientists who have found that drinking coffee may lower the risk of death due to heart disease, cancer, stroke and diabetes. People who consumed a cup of coffee a day were 12 per cent less likely to die compared to those who did not drink coffee. This association was even stronger for those who drank two to three cups a day – 18 per cent reduced chance of death. Lower mortality was present regardless of whether people drank regular or decaffeinated coffee, suggesting the association is not tied to caffeine, said Veronica W Setiawan, associate professor at University of Southern California (USC) in the US. Also Read – Add new books to your shelfThe study, published in the journal Annals of Internal Medicine, used data from the Multiethnic Cohort Study, a collaborative effort between the University of Hawaii Cancer Center and USC’s Keck School of Medicine. The ongoing Multiethnic Cohort Study has more than 215,000 participants and bills itself as the most ethnically diverse study examining lifestyle risk factors that may lead to cancer. “Until now, few data have been available on the association between coffee consumption and mortality in nonwhites in the US and elsewhere,” researchers said. Also Read – Over 2 hours screen time daily will make your kids impulsive”Such investigations are important because lifestyle patterns and disease risks can vary substantially across racial and ethnic backgrounds, and findings in one group may not necessarily apply to others,” they said. Since the association was seen in four different ethnicities, Setiawan said it is safe to say the results apply to other groups. “This study is the largest of its kind and includes minorities who have very different lifestyles,” Setiawan said. “Seeing a similar pattern across different populations gives stronger biological backing to the argument that coffee is good for you whether you are white, African-American, Latino or Asian,” he said. Previous research by USC and others have indicated that drinking coffee is associated with reduced risk of several types of cancer, diabetes, liver disease, Parkinson’s disease, Type 2 diabetes and other chronic diseases. Setiawan said any positive effects from drinking coffee are far-reaching because of the number of people who enjoy or rely on the beverage every day. “Coffee contains a lot of antioxidants and phenolic compounds that play an important role in cancer prevention,” Setiawan said. “Although this study does not show causation or point to what chemicals in coffee may have this ‘elixir effect,’ it is clear that coffee can be incorporated into a healthy diet and lifestyle,” he said.last_img read more

French cable operator Numericable launches its IPO

first_imgFrench cable operator Numericable launches its IPO today, one of the biggest public offerings in France since 2009.Numericable is offering about a quarter of its total capital on the Paris stock exchange and is hoping to raise about €650 million with a price range between €20.30 and €24.80, valuing the company at between €5.06-5.57 billion including €2.75 billion of debt.The IPO will allow private equity investors Carlyle and Cinven a partial exit, while Patrick Drahi’s investment vehicle Altice will increase its stake in the operator from 24% to 30%.By 10:00 Numericable’s shares were being traded for €26.39, according to financial daily Les Echos.last_img read more

Sky has announced plans to commission and acquire

first_imgSky has announced plans to commission and acquire exclusive rights to original films, in its latest push into original content.Sky announced the launch of Sky Cinema Original Films along with its half year results, and said its plans involve showing its original films in cinemas at the same time as they become available for Sky Cinema customers.Sky’s first film will be Monster Family, an animated comedy that will launch in March. This will be followed by action move The Hurricane Heist in April, and sci-fi crime thriller Anon and British production Final Score later this year.“Sky Cinema already offers Hollywood hits, cult classics and local legends, and with Sky Cinema Original Films we’re going to bring our customers even more laughs, shocks, tears and memories than ever before,” said Ian Lewis, group director of Sky Cinema.“Sky’s original content strategy has already been successful across eight genres of television – now we’re taking it to film to give our content-hungry customers even more reasons to keep coming back.”Announcing results for the six months ended December 31, Sky said that viewing of Sky channels increased by 6% following both critical successes and record audiences for Sky Original productions like Riviera and Tin Star.“In content, our focus on high quality, differentiated local programming to complement what we acquire through our partners is working well,” said Sky CEO Jeremy Darroch. “We will be increasing our investment in original content each and every year.”Detailing its plans for 2018, Sky said that it will grow its Sky Originals investment as it expects that, over time, it will be “spending less on second tier sports, linear only entertainment channels and niche movies”.Sky plans to showcase more than 50 Sky Original productions across eight genres in 2018 – including four ‘key dramas’ per quarter across its territories. Sky said it has a “distinct focus on creating content that is local to our key markets”.Overall for the six-month period Sky reported a 5% increase in like-for-like revenue to £6.7 billion and a 15% increase in established business EBITDA to £1.2 billion.Over the six months it attracted 365,000 new customers bringing the total to 22.9 million. It also added 2 million products to 61.7 million and 20 million pay-as-you go buys, up 8%.last_img read more

Recommended Link

first_imgRecommended Link Recommended Link Watch now Click here to for the latest update — Transfer the funds you’ve set aside for crypto to the exchange and buy bitcoin. Justin’s note: Today, we have a big-picture update on the crypto market from Casey Research’s in-house crypto specialist, Marco Wutzer. Below, Marco shows us why the blockchain and cryptos are still going to create a huge amount of wealth for smart speculators… why the next bull market will be more powerful than the last… and how you can start profiting today. By Marco Wutzer, senior analyst, Disruptive ProfitsEight seconds.That’s how long you have to grab someone’s attention before they mentally drift off to the next thing. That’s one second less than a goldfish.Thanks to constant interruptions by smartphones and multitasking, our attention spans are getting shorter all the time.This is also reflected in absurd investor behavior…Over the last five decades, the average holding period for a stock has steadily declined. It’s fallen from eight years to a mere four months since the 1960s. You can see this in the chart below:I wouldn’t be surprised if that average is even shorter in the fast-paced, 24/7 crypto market.Why am I telling you this?Put simply, if you want to be a successful crypto speculator, you need to take a long-term view. Download and install a crypto wallet. Exodus is my personal favorite. — Will Donald Trump Be Your Last President?…A major political coup is unfolding in America that will topple Donald Trump’s presidency… Only those who prepare will be able to live in peace in a new socialist America. In this video, we lay out the simple steps you can take right now to protect your assets but survive the next recession…center_img The Future Takes Time to BuildThe internet took 30 years to become mainstream. Blockchain technology is barely 10 years old and has only received serious attention for the last three years or so.Rewiring the global financial system and the larger economy takes a long time. Still, the Blockchain Ecosystem is developing fast. And it’s spreading like a virus.Eventually, it will take over all the aspects of our daily lives in which it makes sense to use a trust-minimized system.You see, nature is trending towards higher orders of complexity.In short, blockchain technology is peer-to-peer, immutable, and censorship-resistant. This enables us to build a freer, more complex society outside the limitations of nation-states.Building the future takes time. It’ll be another three to five years or so until cryptocurrencies reach mass adoption.But luckily, we don’t have to wait for this to fully play out to profit as speculators.That’s because markets move in cycles. Each cycle brings in a new wave of cryptocurrency adopters.I deal with the Blockchain Ecosystem on a daily basis. So it’s easy for me to forget that there are billions of people on this planet that have never even heard of blockchain technology.I was reminded of this recently at Doug Casey’s estancia in Uruguay. We were having dinner with a cosmopolitan, affluent Uruguayan couple.She is a lawyer and real estate broker, and he is retired with a background in many business ventures, including being a stock broker at one time.In other words, they’re wealthy, educated people who travel the world… not local, isolated farmers.When Doug asked them what they think about cryptocurrencies, it turned out they had never even heard about bitcoin.This goes to show that we still have a very long way to go. Most of the growth is still ahead of us. Transfer a small amount of bitcoin – the equivalent of a few dollars – to your crypto wallet. Open an account with an exchange where you can trade your fiat currencies to crypto. (I recommend itBit or Bitstamp to my Disruptive Profits subscribers.) Congratulations!You’re now part of the still small and exclusive club of crypto pioneers… And you’ll be ready to take advantage of the next bull market when it kicks off.To disruptive profits,Marco Wutzer Senior Analyst, Disruptive ProfitsJustin’s note: Once you’ve got some bitcoin, you can start speculating on the future of blockchain technology… the plays that will mint a new generation of millionaires.Marco is on top of all of the most exclusive developments in this space. Go here to check out how to get access to his best picks.Reader MailbagAre you buying bitcoin today? Do you think that digital currencies are a big money-making opportunity right now? Share your thoughts at feedback@caseyresearch.com.You’re Invited…To spend time with your favorite investing masterminds in southern California… the only time this year that all of Casey Research’s gurus will be together on one stage…And as a Dispatch reader, you’ve got an exclusive invitation to join us at the second annual Legacy Investment Summit on September 23-25.Join the smartest minds in finance – like the legendary Doug Casey, former hedge fund manager Teeka Tiwari, master trader Jeff Clark, and angel investor Jeff Brown – for their exclusive, in-person insights.And for a limited time, you can secure your tickets for hundreds less than everyone else will pay… Make sure you back up your recovery phrase so you can restore your wallet if something goes wrong. (Think of the recovery phrase as your password.) 5-Billion-Year-Old Bacteria Unlocks the Way to Beat Cancer at the Genetic LevelIt’s hard to fathom a bacteria from the dawn of Earth holding the key to curing cancer, but then again, it is the starting point of all known life… and these 3 companies hold all the key patents to this bacterial breakthrough. Superior Solutions, Growing AwarenessA crypto seed was planted in the Uruguayan couple’s heads that evening.They might not investigate the topic much further right away… But two more people on the planet are now aware that cryptocurrencies exist and offer superior solutions to many problems.Think about that for a moment. Variations of this conversation play out thousands of times a day across the globe.That’s why from 2015 to the end of last year, the number of people who use blockchain wallets grew over 900%.That means almost 29 million more people use blockchain wallets today than just four years ago.No matter if we are in a bull or bear market, the crypto meme is spreading and reaching more people.Even during the current bear market, more people learn about blockchain technology every day. The couple Doug and I talked to in Uruguay is a case in point.When the market eventually turns bullish again, this growing pool of new adopters will be ready to participate in the new world of the Blockchain Ecosystem for the very first time.That means that when the next bull market starts, the network effects will be even stronger than the last time.And where will new adopters go for their first dive into crypto? They’ll buy the most well-known cryptocurrency… the reserve of the crypto world – bitcoin.That’s why, whether you’re buying bitcoin for the first time or already own some, now is a great time to buy.How to Start Profiting If this is your first time buying a cryptocurrency, I recommend the following: Once you’re familiar with the process and have made sure everything works the way it should, transfer the rest of your funds to your crypto wallet.last_img read more

The presence of Juul ecigarettes in high schools

first_imgThe presence of Juul e-cigarettes in high schools across the country is increasing — and so is Juul Labs’ lobbying presence in the nation’s capital.The company, which bills its product as “a satisfying alternative to cigarettes,” spent $750,000 on lobbying during the last three months of 2018, according to lobbying disclosure forms filed with Congress on Tuesday. According to the filing, Juul advocated on the issue “regulation of e-cigarettes and vaping products designed to improve the lives of adult smokers.” This most recent filing was also the first quarter when Juul indicated it lobbied to support legislation that would stop businesses from selling tobacco products to people younger than 21.The company started its D.C. lobbying operations during the second quarter of 2018, though it only spent $210,000 then. It has increased its spending in the two quarters since.”We have grown our D.C. team to engage with lawmakers, regulators, public health officials and advocates to drive awareness of our mission to improve the lives of the world’s one billion smokers and to combat underage use so we keep JUUL out of the hands of young people,” Juul spokeswoman Victoria Davis said in an email to NPR. “As we said, the numbers tell us underage use of e-cigarette products is a problem that requires immediate action.”The Food and Drug Administration cracked down on stores selling e-cigarettes to minors in September of last year, declaring use of the products had reached “epidemic” levels among America’s youth. The Center for Disease Control says 1 in 5 high school students used e-cigarettes in 2018.In addition to regulatory issues, Juul also indicated it lobbied on tariffs of products manufactured in China. Because of filing procedures, it is unclear how much of its lobbying spending went toward this issue versus e-cigarette policy.The company’s lobbying roster includes Jim Esquea, who was assistant secretary for legislation in the Department of Health and Human Services during the Obama administration. (The FDA is part of HHS.)Juul also used outside firms to influence legislation, as companies commonly do. These included S-3, Empire Consulting and Sims Strategies.After Juul’s lobbying boost in the most recent quarter, Juul came in as the fourth-highest spending cigarette manufacturer. Other top companies included Altria Group ($3.2 million spent on lobbying), Philip Morris International ($1.2 million) and Reynolds America ($790,000). Copyright 2019 NPR. To see more, visit https://www.npr.org.last_img read more

The 10 FastestGrowing New or Redesigned Apps in 2018

first_img July 18, 2018 Image credit: Mixmike | Getty Images The era of ‘Angry Birds’ is over. Add to Queue The 10 Fastest-Growing New or Redesigned Apps in 2018 Opinions expressed by Entrepreneur contributors are their own. Apps 3 min read Editorial Interncenter_img Enroll Now for $5 Madison Semarjian Forget the useless, though wildly popular and entertaining, apps that previously filled up our smartphones or computers. People now want apps with function and purpose.Here are the fastest-growing new or recently redesigned apps of 2018, according to business app platform Zapier, which compiled the data using its platform.1. DiscordNostalgic for the days you stayed up late playing The Sims and messaging with your friends? Discord is a voice and text chat app that connects more than 14 million daily players in the gaming community through video and audio.2. Things 3If you need help organizing your busy schedule but don’t have a personal assistant, check out Things 3. This award-winning personal task manager app can help you get things done and achieve your goals in an organized manner.3. LeadpagesNot your typical email marketing service, Leadpages helps you create customized landing pages, webinars and ads to generate leads. It focuses on growing your email list, then links to a third-party site, such as MailChimp, to send your campaigns to those that signed up.4. KlayivoKlayivo pulls in data from your ecommerce platform, point-of-sale software or other marketing tools and helps you create highly targeted and super-relevant email, Facebook and Instagram marketing. You can set up automated trigger emails for when customers sign up, abandon shopping carts and check out.5. SquareSquare handles all of your company’s digital finances. With four different platforms (Payments, Point of Sale, Payroll and Capital), Square helps you track all of your money on your smart device. Compatible with both Apple and Android, you can make customer transactions, pay employees and fund your company.6. SalesflareIf you feel like you waste too much time updating your CRM, Salesflare is for you. A CRM that basically fills out itself, Salesflare inputs data for you so you can focus on making sales. It reminds you what follow-ups are the most important and who talked to what customer, so your team can efficiently work together to increase profit.7. CodaIf you want to build your own website instead of relying on Squarespace or Weebly, Coda lets you hand-code with a little help. It edits your text to make sure your coding is in tip-top shape.8. LandbotLandbot creates a Chatbot for you within minutes that lives in your website and enhances your customer’s experiences.  9. ClickUpClickUp’s easy-to-use product management software keeps your team productive, efficient and headache-free. It lets you integrate with more than 1,000 other services, such as Slack and Zapier, to keep everything your company needs in one convenient place.10. GhostA modern-publishing toolbox, Ghost helps you create and manage an online blog or publication. It edits, manages content, schedules, builds proper SEO and more, all through its simple platform. Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. –shares Next Article Fireside Chat | July 25: Three Surprising Ways to Build Your Brandlast_img read more

Podcast Cannabis Investing Tips for NonMillionaires

first_imgPodcast Get 1 Year of Green Entrepreneur for $19.99 Image credit: Codie Sanchez Podcast: Cannabis Investing Tips for Non-Millionaires 15+ min read Jonathan Small Next Article Add to Queue May 23, 2019center_img Cannabis stocks are all the rage. IPOs valued at billions of dollars are popping up on Wall Street and the Canadian Stock Exchange, and private equity funds are investing multiple millions in cannabis companies.If you’re watching all this from the sidelines, wondering if you’re missing out on a golden opportunity but not sure what to do about it, you’re not alone. Many potential investors believe they don’t have the cash to get in the game, and in some instances they’re correct. Due to regulations, many funds are not even permitted to accept investments for less than $200,000.On this week’s Green Entrepreneur podcast, we talk to Codie Sanchez, a partner at Cresco Capital Partners, about how to invest in cannabis companies even if you don’t have a lot of cash. This is a full transcript of our interview. Related: Why Former NBA Star Al Harrington is Betting On CannabisYou started your career with lots of spreadsheets and more traditional investing, and have now transitioned to the cannabis industry and business. I’m curious to know why you made that change.I think there might be some parallels to a lot of people’s story in this space in that once you figure out investing, and particularly if you’re trained to do it, once you figure out how to find dislocations in markets – something where everything just doesn’t fit together perfectly so that people smarter than you and who have more money than you do can take advantage of it – when you see those dislocations, you learn to jump on them quickly. In investing we call this arbitrage. That’s when something typically costs less than it should or costs more, and you can take advantage of those things happening.So I saw that happening in this space. I’m certainly no genius or clairvoyant in it; it really just came down to the math and looking at math in this space as an investor and saying there’s a real, tangible generation of wealth creation event happening here.But I have to say that probably math would not have been enough if I was going to call my mom and tell her I was going to go into the cannabis game. [laughs] It was a little bit deeper than that.I started off my career, even before I was traditionally investing at firms like Goldman or State Street or Vanguard or doing some of the venture stuff, I was actually an investigative journalist. I don’t know if we talked about this before, but I worked at the U.S.-Mexico border. We were writing stories about human trafficking and drug smuggling.Wow, that’s intense. What part of the border?The part that you would probably know is right across the border is a place called Juárez, [across] from El Paso, Texas.Yes, it’s notorious.Exactly. They call it Ciudad de la Muerte, the city of death. It’s a pretty tough place to be young and female. Thy have hundreds and hundreds a year of murdered women there for some reason.But what that taught me, besides to be relatively jaded, is that as an investigative journalist you really don’t take anything at face value. You have to question everything, find the root of why things happened, and then dig deeper. You really can’t let stigma get in the way, or people’s assumptions; otherwise you’ll never write a good story.This tendency taught me to do this deep diving, and that’s when I got to the math, and also a little bit of the heartstrings. I think anybody in this space has a story – and I know you’ve shared some of yours too – about the impact that it’s had. I dug into that a little bit in particular with veterans, which we can talk about later. We fund an initiative called Texans for Veterans, which is trying to give veterans in Texas access to research and medicinal marijuana.How many times in your lifetime do you get a chance to be a part of a generational wealth creation event where there’s massive dislocation so little guys can play too, because the big guys aren’t all allowed to with their legal background, and then in tandem you get to make a huge impact – I think in multiple areas, but certainly with mental health and veterans, which I’m very aligned with since my partner is one.Your partner is a veteran?Yeah. My significant other. He’s active duty military right now, in the Navy.Has cannabis made an impact in his life?No, they’re very, very highly regulated. He does some particular things for the military in which that’s not allowed. Actually, for the military overall, if you use cannabis, you can lose your VA benefits, be fired. There are huge repercussions. But what he and I both have done is be a part of this nonprofit that essentially is trying to push for access for veterans.He’s the first one to say, “Gosh, if I could use it, I absolutely would,” for the chronic inflammation that you get from being deployed so many times, and certainly from – everybody comes back with some type of hyperawareness and certainly that stress that comes from being in a warzone.And you’ve seen firsthand that cannabis has helped veterans with those symptoms you’re talking about?Oh, absolutely. There’s one gentleman whose name is Keith who’s a bronze medal winner. He served in three different branches of the military, lifelong veteran. He was actually here in D.C. when the Pentagon was hit and was one of the first responders because he was a trained nurse. He’ll very publicly say – so I can say his name – that without cannabis, he doesn’t know if he’d still be around because of the opioid cocktails that they were giving him. He just wasn’t reacting well to them. He had a lot of anger and anger issues.Now with cannabis, he has a lovely family and wife and a cute dog. I think, while that is not quantifiable because there’s not enough research on it, there is certainly a lot of qualitative human interaction that you can see that it makes a differenceI know there’s no such thing as easy money, but I think people who are not necessarily directly involved in the industry, whether they’re touching the plant or not touching the plant, might have some interest in investing, at least, in the industry. That is what you do. Your clients are generally big spenders, right? To get into your fund – tell me a little bit about the fund that you work with.It’s called Cresco Capital Partners, and it’s a private equity or growth equity fund in the cannabis space. What’s interesting is due to the regulations around a lot of how these funds are structured, they actually mandate that you have higher minimums, typically because you’re only allowed so many investors in the fund and they have to be accredited. So even if I wanted to allow everybody in at $5 or $10, it’s very hard to do that at this stage.Now, that changes, and as you get more funding you can create a more complex fund business. But at this stage, this is our second fund, which is $55 million. The first one was around $25 million. We have co-investments, so we’re probably right around somewhere like $100 million in assets. The minimum is $200k, so that does make it difficult for everybody who wants to invest. It’s still one of the lowest in the space. I’ve tried to keep it lower. It’s an administrative nightmare to do so.Image credit: Codie SanchezBut I think the whole point of this industry is democratizing access, right? I think that’s what we’re going to talk about today – how to do that, whether it’s investing with somebody like us, or ramping up to invest with somebody like us, or doing it on your own. We can talk about all of the above and how I started investing in cannabis.Let’s talk first of all a little bit about what you do with the money that people invest with you. Who has Cresco invested in and some of the companies that are under your purview?This is where I get excited. There’s nothing more fun than giving the lifeblood, which is capital, to really incredible organizations. In this industry in particular, it all moves so fast, you get to see what that money does that you give these companies quickly and all the people you’re able to serve one way or the other.We’ve invested in a lot of interesting companies. We’ve had about seven exits thus far, which means companies that have been sold or gone public or done some sort of merger. We invested in some names probably people know, like Acreage, one of the biggest companies out there, who’s had a little bit of news.They recently merged or were acquired by Canopy Growth.Yeah, for a tiny amount, $3.5 billion. We’ll see. It’s the right to buy them, so it’s pending that legalization happens – but you covered that well.Then we invested in GTI, which other people probably know. We invest in a company called Ebbu that was bought by Canopy Growth for just shy of $500 million. We invested in another company called Form Factory, which was also sold. That one’s interesting. It’s kind of a co-packing business and a branding company. And then we have lots of up-and-coming companies in the portfolio, like Prohibited, which is a big media company. You guys have done stuff with them. I think that company is fascinating because they’re doing brands too and leveraging this medium platform to maybe figure out who will be the future brands of cannabis. And then we invest in another company called Sublime. Great product.I love their music.Oh, the music? [laughs] Well, these guys are not of the ’90s. They were probably born around that time period. But they do these little things called Dosies, which are micro-dose, almost. They look like Tic-Tacs. They’re manufactured by the same manufacturer of Tic-Tac to do the candy coating that they do. So they taste like orange Tic-Tacs, and they’re great for sleep. My grandmother has a problem with her hip and she can’t sleep, so she uses Dosies now. I got turned onto it. One of my partners, who’s another woman and a mom, said after you have kids you really never sleep again, and these helped her. So I thought it might work for my grandma, too.You oversee a $100 million dollar fund. I’m sure you get pitches all day long. What are some of the main things that you look for in a company? I’ll tell you one thing, my inbox never gets to zero, that’s for sure. We’ve screened over 1,800 companies and hundreds a year, and what we look for is twofold. One, we’re not seed stage, meaning we don’t invest on the early side of the business like a tech company might when there is no revenue yet or no product. We invest in the growth equity space. Typically we’re looking at companies that are already generating anywhere from $1-$20 million in revenue. We need them to be revving a lot in order for us to invest.We definitely are interested in companies that first and foremost – which I think any good investor will tell you –you’re really betting on the team. The idea is important, but as any entrepreneur knows, there are going to be pivots, there’s going to be heartbreak, there’s going to be backstabbing. It’s like Lifetime TV if you want to go run a company. You have to pick people that are resilient to do it. So we do a ton of time on due diligence on the teams. I was just talking to a big MSO today, actually, and one of the sales points for them –That’s a multi-state operator, for those taking notes at home. Good one. The thing that sold me was they are a multi-state operator and their COO is one of the smartest operators I’ve ever seen. That’s always a good trick if you’re looking to invest: figure out, can they actually operate? Because cannabis is not a simplistic business. It’s highly complex. You want to make sure you have somebody that can handle it. Let’s get to the million dollar question, which is: I don’t have a million dollars, but I want to be a player in this business, or at least I want to invest in this business. Where do I start? What do I do? If I know that a lot of the really successful funds such as yours have a pretty high bar of entry, unless I have $200,000 – which I don’t. I think the goal here is to do just that, to get your seat at the deal-making table and to get you deals and access into the space that really outstrips your network. The secret is, I really believe wealth is made on the private side. If you look at anybody who has accumulated wealth – not just rich, but real wealth – it’s because they’ve done investing either on real estate or in their own company on the private side. That’s just the “why” of this even mattering.Explain that a little bit to me. On the private side, meaning they’re not public companies that they invest in? It’s very hard to make generational wealth or real wealth by investing in public stock markets. You can see that very quickly. Say you put all the faces from the Forbes 100 list, billionaires out there, on one page. What you would notice if you went through all their bios is not a single one of them made their money from smartly investing in public stocks.The brilliant Warren Buffett, Carl Icahn, they only move when they have three things. The first one is an unfair advantage. For instance, Carl is an activist  . He can go bother the founders of the company until they make changes to the actual company and make him money. So you need an unfair advantage in some way.Your unfair advantage, Jon, might be that you have really incredible deal flow because all these entrepreneurs want to pitch you all the time. So you might be able to see trends and know people and be a connector because of all this deal flow that you see.So one is your unfair advantage. That’s what you need. The second thing that you need is intimate knowledge. Not insider knowledge. You can’t have anything illegal. But you need intimate knowledge of the industry, the company, whatever you’re investing in. You really can’t get that with public stocks because otherwise it would be insider information. So intimate knowledge meaning you have some access to their financials, or just that you know an industry intimately?I believe access to their financials or access to the actual founders or access to their actual distributors. Something beyond what the news and Jim Cramer could scream at you on CNBC. So you need that.Then the third thing that you need is the ability to affect the outcome. That’s how we invest on the private side because by giving them capital, we can talk to them about how they’re going to exit, who’s going to buy them, if we could help them structure the exit on the backend, all of that.Those three things are really key to massively investing. But we’re talking at a super high level. We’re not all going to have that on Day 1, but you should always have that in the back of your mind. It’s why I’m really worried about anybody who’s a price speculator.What does that mean?Price speculator basically means – everybody knows about the cryptocurrency crisis. The housing crisis really was no different, and there was also the internet bubble, and then if we go way back there was tulip mania, which was where people were paying hundreds of dollars for a tulip bulb. Nuts.It’s all the same thing, though. It’s all called price speculation, which basically means people invest in something just because they think the next guy is going to buy at a higher price and they’ll be able to sell after he gets in. But they don’t believe that there’s real value in what they’re investing in. They’re price speculating that the price is going to go up no matter what.We’ve got to be careful about that. There’s a little bit of that in cannabis, so on the public side I’m really cautious about investing. We talk about price a lot. Warren Buffett talks about that too.It seems really out of whack right now on the public side, the valuations of the companies. Yeah, I think so. I think you’re nailing it. I don’t have a crystal ball. If I did, we’d be on my yacht while we’re recording this podcast. But what I think is important to think about on the public side, or any time valuations or the price of stocks is concerned, is it might be really exciting the numbers that they’re at, and they might do all the things they need to do in order to grow into that price, but I’m always looking at the downside.Does it make sense for the top 10 cannabis stocks to be worth 4x more than the top 10 biotech, tobacco, pharma, or healthcare stocks, from a price-to-sales perspective (which just means the price that they’re worth versus how much they actually sell)? I would say I don’t know. It’s a growth industry; it could be, but probably not. The key to investing there is always buy low, sell high, and train your brain on that, to focus on price first before excitement.You gave us the three attributes or the three keys to think about and ways to position yourself. You had also mentioned you need to make relationships, you need to network outside of your network. How do you recommend doing that?Codie: I think there are a couple different ways. One, if you want to invest, in my opinion, or if you want to do anything – say you want to play baseball. The first thing that you should probably go do is watch a baseball game. Then you should probably go try to play a baseball game amongst you and your friends. Then you should probably try to figure out who are the reporters that cover baseball. Then you should probably try to go to three or four conferences of people who are talking about baseball or selling baseball gear or something related to baseball.It’s not dissimilar to investing. You go where the game is played. In cannabis, in my opinion, that would be places like ArcView, which is kind of like AngelList, if you know what that is. AngelList is where you can go and invest in lots of different startups, but at very low dollar amounts. ArcView is similar but for cannabis, and they also have conferences. So I think you go to a couple ArcView conferences, you join that.They should be, in my opinion, getting smart. They’ve got to listen to all the podcasts on Green Entrepreneur, and then go over to CannaInsider podcast, and then go and look at some of the investor intelligence reports like Cohen. Don’t spend a lifetime; do this in a weekend. You can binge-listen to a couple podcasts, binge-read all the investor intelligence on MJBiz or Green Entrepreneur or Cohen.Then you start reaching out. Then you try to go to an ArcView event. Schedule one. Then you email all the speakers at the ArcView event. Give yourself a timeline. You have 30 days to get smart on it.What’s crazy is, after you do those three things – listen to a ton of podcasts, read as much as you can about the industry, and then get hooked up to an industry group and go to one of their conferences – you are smarter than 90% of the population on cannabis.What’s the conversation you have with these people that you connect with through ArcView or these different platforms that you have recommended? Is that the moment when you present yourself, about who you are and what you have to offer?I think you have to first have a belief that I’ve found to be true across every industry I’ve been in, which is that if you go where the game is played because you want to be in the game somehow, you will have opportunities presented to you that you never otherwise would.That’s my promise to you. If you do these three things and you go to where the game is played with a curious and open mind and dig in, you’re going to have stuff come up that you didn’t exactly realize how the opportunity was presented to you, and you wouldn’t have picked it exactly this way, but it’s even better than you thought.If you have that belief, then when you go, I think there are two things that are super important. One is curiosity. We’re all egoists, right? I like to have my ego stroked. I’m sure you do [laughs] Never. But the truth is, if somebody comes up to me and says, “Codie, I’ve been reading your stuff, listening to your podcast here, I saw you speak here, and I’m really curious as to what you meant here” or “I’m really curious, what do you think about this?” or “how would you enter this space?” or “why did you do this particular move?” – those small, tailored questions to somebody’s ego, showing that you’re truly curious, not faking it – that goes really far. If you do that to five or ten people, the likelihood is you have two to three to four who want to engage with you. So that’s where I’d start. Curiosity.But then I think the second thing you’ve got to do if you actually want to get in – I just interviewed an analyst today, actually, for our firm. The way he came to me was similar to this. Reached out, said he had listened to a few things. But he did something different that I loved, which was “I’ve been doing research and analysis on the space. I’m in grad school right now and did some models on vertically integrated companies” — which are companies like Acreage, let’s say.So he said, “I did some research on these guys. Would that be useful to you?” I was like, “Huh, that’s interesting. Yeah, sure, I’ll take a look.” I looked at it. The models were actually really good, so I followed up with him. Right now I’m looking at the lab testing space, for example. Every time somebody wants to sell you cannabis, they’ve got to go make sure that they take it to a third-party lab to see if it has any sort of pesticides in it or if it actually is THC at the level that they say it is. I’m interested in that space. So I said, “Why don’t you try to apply your thought process to this lab space?” He did it, did a great job, and I’ll probably offer him a job.So that second key is not what they can do for you, but what you can do for them. If you provide value to people who are in positions of power, that is so rare – so rare – that they are going to want you in their circle.Right. There’s an example of somebody who might not have had $200,000 to invest in the fund, but had an expertise that you appreciated and needed.Absolutely. And if you’re an employee in a fund, you get an allowance where you can invest much less, so you don’t have to put in $200k if you actually work at one of these funds. Even if you’re in admin.What are some common mistakes that you see people making?First is be careful with public stocks. If you’re going to do it, be fine losing the money and be prepared for a lot of volatility. I say that because there are also some great public stocks, so I’m not saying you shouldn’t do it; just be cautious.The second thing I see people do that makes me nervous is they just go and invest in one company right off the bat. Everybody’s raising for cannabis something or other these days. Even if it’s just the $1,000 that you have to invest, it’s really risky to throw that out there. It’s called angel investing, but it’s risky to do that with the first couple companies you’ve seen especially.So I think the biggest thing you’ve got to get used to if you want to be an investor is saying “no” upfront. You’re like the hot girl at the bar. “No, no, no, no.” You want to go on a lot of first dates, but you don’t want to get married to somebody – you don’t want to give them your money – until you’ve gotten a feel for this weird industry and how to do some investments. Don’t make your first investment when it’s been given to you.And Lord, I made some bad investments when I first started, so don’t feel bad if you did. But I think they say that the best way to make a million dollars in angel investing is to start with three, which is the same for vineyards too.So diversify. Do a fund.Yeah, do a fund. ArcView is the only one that I know of in the cannabis space. I don’t want it to feel like I’m doing a commercial for them. But you can go to these angel investing groups. The goal that I had when I first started investing was to invest alongside somebody that’s smarter than I amHow do you do that? Well, you can go to something like ArcView and listen to all of the companies pitch. It’s like YCombinator, which is famous in tech circles as being an incubator. Go to ArcView, listen to everybody pitch, and then see and ask them what other investors are investing in their company besides you. Then you very easily reach out to those people and say, “Hey, I’m Codie and I’m looking to invest in XYZ Cannabis Company too. Do you have a minute to talk so I can understand why you’re investing?”Once you are in the investing circle, it’s much easier to get doors open for you. So invest alongside people that are smarter than you. You can do that by starting at something like ArcView, or I think you can do that in a fund structure.Or you can do that by following some of the big names in this space, like what is Steve DeAngelo investing in? He probably has interesting insight, being in this industry for a long time. What is Jonathan investing in? He’s seen a lot of different cannabis companies. So look for those influencers and then see if you can get a little piece of the pie and put in a small amount of what you can.Should we apply the same sort of criteria that you apply when you’re looking at companies? You said that you say “no” a lot. What are some red flags that you would say “no” to? What would you see in a company that you would be like, “no”? Or what should I see in a company where I might have second thoughts? I think when you’re an early angel investor, you should never invest in a company that doesn’t have revenue. There’s too much deal flow, especially in cannabis, there’s too many companies to invest in somebody that has never made a dollar. So I would not do that. Look for companies that at least have a couple hundred thousand dollars to a million plus in revenue.What you’ll be amazed by is they’ll take your money – you might not have much, let’s say, but if you can provide some other type of value, some sweat equity – these startups are usually strapped for cash and for help. So you can probably even leverage your sweat equity a little bit there. But I would start with don’t invest if they’re pre-revenue. I think that’s way too much risk upfront.Then I would say also, be really careful about investing in friends who are not absolute rock stars who have already done this before. Maybe they had already run an alcohol distribution company, so now they’re going to go into cannabis distribution. That makes a lot of sense. But otherwise, be careful about funding friends early on, before you really know how to analyze if they’re capable or not. That’s where a lot of people lose money.You said that you want to make sure that you like the team and are impressed by the team that is running a company. Will you have that kind of access as somebody who’s new to the game? It’s not like you can call up every CEO. You’ll have access because of who you are and your status in the industry, but how does one – should you just do your own research online? How do you find out more about who these people are?One way you can get access is through special purpose vehicles. What a lot of people do when they don’t want to invest or don’t have a ton to invest is they might pool their assets. It’s pretty inexpensive. You create an LLC, which basically costs nothing online these days, and that LLC allows you – say you have $10,000 that you could invest, and a couple other people have $10,000 that they could invest, and you pool it together and now you have $100,000.You can make yourself sound very fancy. “I am in charge of Cannabis, Inc., which is an LLC of investors in the cannabis space. We’re analyzing companies.” So with very little work and with very little money, you can actually get a seat at the table and say “We have $100,000. We’re looking to deploy it, and maybe it’s with your company.” Then you can get better access, certainly.Or you can join into somebody else’s syndicate or join angels groups. There’s CannaAngels – almost every city has a cannabis angel network, and if you join one of them and you pool all your resources together – but you don’t have to do the actual work – then you can get real access.How quickly will you see an ROI?Well, in cannabis it’s been faster than it typically is. Most venture capital or private equity funds are 5-year funds, so your money’s locked up for 5 years with a 2-year extension, meaning they can extend that 5 years by 2 years if they want to. That’s typically because it takes that long for a company to have a liquidity event, which means when they sell or you get your money back in some way.So the typical thought is 5 to 7 years, which I know to all of us who use Uber Eats and expect our food to get delivered in 7 minutes, seems like an eternity. [laughs] But that’s standard. If you’re going to do this, it has to be long money, and in my opinion, you have to want to learn and make money.Our first fund, we returned the capital in 3 years because cannabis is moving so fast. But that is what draws people to public stocks, I think, a lot. It’s short-term, there’s an ability to make money, and it’s a lot more rewarding to that endorphin-heavy brain of ours that wants immediate feedback loops. If you’re seeing it too quickly, there might be something going on here that’s not right?In my opinion, yeah. I don’t like price speculation, which I think is entirely what crypto is about. I think blockchain is different, but yeah. You always worry if you’re at an airport somewhere and the shoeshine guy is giving you stock tips about cannabis companies or about cryptocurrency companies.The stock market is really there to help investors beat inflation over the long term. You earn your 10% per year, which helps you beat inflation, and compounding investing over time leads to you making enough money to retire, theoretically. So I’m always nervous if the stock market is looked at as an immediate cash cow. That’s probably not sustainable.As far as the type of cannabis companies to invest in. Tell me the top 3 that you should be looking at and top 3 that maybe you should pass on?I got offered a really interesting deal in Colombia, actually, by descendants of Pablo Escobar to grow cannabis in Colombia [laughs] I passed on that one. But in all seriousness, cultivation is something that I worry about as the price of flower or the actual cannabis smokeable plant goes down. That’s just natural. It is a plant and it is agriculture, so that’s going to happen as the markets get more efficient. So I’m not running to give money to people who are purely doing grows. I would stay away from that. I don’t think I’m the only one doing that.I would stay away from brands that are not amazingly executed and with the ability, proven and actual, to scale. There’s a lot of little micro-brands around, and I think many of those will die a death of a thousand papercuts with California regulations and others. So be careful about that space.I also think I would be careful about any sort of tech that mimics something that’s done by a company outside of the cannabis space. People say to me, “I’m going to be the oracle of cannabis,” and my response is, “Oracle will be the oracle of cannabis.”I wouldn’t do that because eventually this game will change and those companies – perhaps they get bought, and there are some instances where that could be the case. But I’m hesitant of that space. So those would be the three I would stay away from.And the three that seem to have a lot of opportunity?Up until now — and I think it’s still the case — multi-state operators have done incredibly well. They’re out there doing a land grab, trying to grab as many different dispensaries and the grows associated with the licenses in each state for them.So these are cannabis brands that operate in many different states because they have, like you said, dispensaries and grows in a bunch of different states? Exactly. It’s not dissimilar to a company that distributes, like Whole Foods for instance, across multiple state lines and grows all their own produce and has a ton of white label brands and everything, like you see in Whole Foods. Not dissimilar entirely for these multi-state operators. Those I think are going to continue to have a lot of value, if done really well and if they scale. I think the small one-off operations I wouldn’t be as interested in.The second space that we’re really focused on is everything to do with biotech in this space and the ability for cannabis to be used for medicinal purposes, whether that’s biosynthesis or being able to actually create cannabis in a lab through things like yeast or algae. It’s way above my paygrade from a science understanding perspective, but we have somebody on the team that that’s their specialty, so they dive into those companies. So I think anything in biotech and that sector could be really interesting if you get the real plays. Then the third area is really well-executed brands who are able to scale nationally and hopefully globally. We’ve made a few of those bets in the brand space, but gosh, we have to see a lot.Explain to our audience exactly what you mean by brands in this context.That basically means who’s going to be the Coca-Cola, Pepsi, Frito-Lay, Blue Moon of cannabis. These are cannabis brands that will become household names, hopefully. We don’t really have any of those right now. I don’t really think you could argue that there is a nationally recognized cannabis brands I can’t tell you the amount of times I get pitched, individual small CBD brands or THC brands, and they might have really nice packaging or make you feel good – I mean, a lot of times it’s the same product. We’re all dealing with the same brands, so why is this one product going to break out as opposed to the other hundred that I get pitched? It’s very hard as an investor to know. Is it the people attached to it? It’s the difference between RC Cola and Coke. How do you know which is the one that’s going to stand outSometimes it’s very hard to tell whether it’s all hype or if there’s something real there. What would be your way to dig a little deeper?First, I would want to see real revenue. If we’re dealing with a company like Sublime, for instance, we’re talking about double-digit millions in revenue, so then you know that there’s something there. They’re able to operate, people are buying these companies.Then the second thing — I have two good friends that run a company called Windy Hill Brands, and they sold an alcohol company that I’m blanking on, but it was something Moonshine, to the guys who created Deep Eddy Vodka. They’re just brand geniuses. So one of the things is having people in your corner who understand this space.The most important part there is also their ability to distribute. I’ve made mistakes before in investing in brands – not at Cresco, but when I was investing at different venture funds. There was a brand that I loved and I wanted this product to exist in the world, but I realized that the management team didn’t have the distribution chops. So they weren’t able to get it on the shelves of Whole Foods, for instance, or CVS or whatever the case may be – and they didn’t have that crazy sales drive to do it.What you really need in the brand space is it’s all about your distribution, and can you actually get your product in the hands of the distributors, or can you get your product, through ecommerce, sold online in a big way? A lot of founders are pretty lazy about getting their sales out in that way, and they want to do some of the fun stuff. Nobody likes cold calling.Say you have no money to invest in cannabis. Not a dollar. I’ve totally been there; my dad didn’t get to go to college, so I remember having nothing to invest and worried about my debit card not going through.The one thing that you can do is look for sweat equity into these companies. That is basically where you start doing all the stuff we talked about – meeting people, reading about it, reaching out to them via email – and then you say, “I’m Codie,” for instance, and say I’m a graphic designer. “I could do some graphic design work for you. You don’t have to pay me. I’ll just do it for you, but how about I work for some percent ownership in the company, and you pay that to me over this time period?”Or you could say, “I, Jonathan, am really good at copywriting because I’m a journalist. Why don’t I help you write some of your copy for your website or to your clients, and in exchange for that you give me some equity?” So there are certainly ways to use your skillset as your capital. I would think about that. If you google “sweat equity,” you’ll get a million different ways to do it.That’s great advice. Is it helpful to make a list of what you have to offer? Like, are you a graphic designer, are you a good publicist? What are a lot of these companies looking for?I think everything. Totally all of them are looking for help from a marketing – the two things that almost every company needs immediately is sales, so they need somebody to go out and bring them more revenue, and they need help with marketing. They need, just like you said, people to pitch publishers, people to write copy. Social media somewhat, because social media is tricky in this space. But yeah, somebody who’s good with social media in a way that won’t get them banned from Instagram. Exactly. And you can always say, “What are things that you need to have done that are terrible, that you don’t want to do? I’ll do that.” You can also offer it more broadly if you don’t have a direct solution.I would say what they don’t need is like “I’m really good at strategy. Let me give you strategy.” Nope, we’re executing. We don’t have time for third-party strategy. So that’s probably not as useful. But introductions to capital, sales, marketing, graphic design, anything like that is really valuable to a startup. Would you recommend having a formal agreement with a company? What I would be concerned about is that – most people are good people, but there’s going to be some bad apples, and they’re going to take advantage of you and then sell and not give you anything. Should you have some sort of contract with them?Yeah. We all watched the Facebook story, right? How I’ve done it in the past, before I was a bigger investor, was I would have a little something drafted up. Again, you can find this online, like a sweat equity contract.But essentially I would have a little contract that basically says “Codie is going to provide the following services. For these services, she is going to be given X percent of equity,” for them to fill in – and it’ll be vested, which means I actually own it – “over a 6, 12, or 18 month period,” whatever period you choose.But what I would say upfront is, “Hey, why don’t I do this for you, work for you for the next 30 days for $free.99? Free, totally. I’ll do this work for you for 30 days. I believe in what you’re doing. This is the contract that I’d like to sign at the end of 30 days for me to keep helping you like this. Does that sound good?” Typically they’ll be good on that front. You might get burned once, but you’re going to learn a ton, and then you’ll learn who not to trust next time.I think in tandem with that, then you can actually start adding some cash components of it. Once they see your work and how useful you are, if you crush it for them, people don’t want that to stop. Entrepreneurs aren’t stupid. So if you’re doing good work and you had your little equity thing drawn up, you can ask for cash as well so you’re not slaving away for free for 5 years.  –shares Entrepreneur Staff Want to invest in the cannabis industry but barely have enough to buy your own weed? Cody Sanchez of Cresco Capital Partners has suggestions. Subscribe Now Editor in Chief of Green Entrepreneur Green Entrepreneur provides how-to guides, ideas and expert insights for entrepreneurs looking to start and grow a cannabis business.last_img read more

Zeus launches Tie Layer polymer solution for medical device manufacturers

first_imgFeb 1 2019Zeus Industrial Products, Inc. (Zeus), a leading polymer extrusion manufacturer and material science innovator, has launched its latest polymer solution for medical device manufacturers. “Tie Layer” is an ultra-thin thermoplastic coating applied over a catheter liner during catheter construction. The coating creates a melt-bondable substrate that improves adhesion to both the liner and the catheter jacket during the reflow process.Zeus developed Tie Layer to reduce delamination between materials that are otherwise not melt-compatible for bonding. Delamination is a challenging failure mode in catheter construction and carries both risk and cost burden for many device manufacturers. Detection typically occurs during final testing, after production of the complete catheter assembly, resulting in significant final product yield loss.More importantly, delamination can lead to failures in the field and product recalls. By creating a stronger bond between the outer catheter jacket and inner liner, Zeus’ Tie Layer solution enhances and increases consistency in catheter performance and ultimately improves patient safety. Also, it reduces inspection requirements, increases product yield, and lowers manufacturing costs. Reduced cost and improved performance make Tie Layer a true total solution in catheter design and manufacturing.Zeus’ Tie Layer solution follows on the heels of another recent innovation. The company’s new FEP 2:1 heat shrink offers a pure FEP heat shrink in a ratio larger than current 1.3:1 or 1.6:1 options. The expanded capability of this Class VI approved product minimizes the need for manual stretching and makes covering uneven and angular surfaces easier, faster, and more reliable.Zeus will showcase both new solutions at Medical Design & Manufacturing (MD&M) West, the largest conference in North America for global medical device professionals. The event will take place February 5-7, 2019 at the Anaheim Convention Center. Zeus is exhibiting in booth 3113.Comments Source:https://www.zeusinc.com/company/news/zeus-introduces-tie-layer-polymer-solution-to-enhance-catheter-performance Improving patient safety and reducing manufacturing costs represent top priorities for the medical device industry. For over 50 years, Zeus has developed and delivered polymer solutions that help address these concerns. Our latest Tie Layer innovation creates a melt-bondable surface to improve adhesion and allows our customers to elevate the performance of their devices.”Matt Allen, Sr. Global Endovascular Market Manager, Zeus Industrial Products, Inc. Tie Layer will allow us to expand the Zeus portfolio of products and services to the markets we currently serve and enhance our already best-in-class polymer solutions. Because this process is applied to a variety of substrate materials, it will also unlock new opportunities and applications in both the medical and industrial markets.”Daryl Leach, Director of Global Market Management, Zeus Industrial Products, Inc.center_img Quick FactsRelated StoriesImprove Patient Safety with Tie LayerZeus introduces new MRI-compatible LCP monofilament for vascular interventions Zeus’ new Tie Layer solution is a thermoplastic polymer coating as thin as 0.0001″ (0.0025 mm), allowing devices to maintain their overall profile. Tie Layer was developed to improve the bonding of liners to materials that otherwise are difficult to bond, such as polymer jackets, metallic braids, coils, and hypotubes. Tie Layer can be applied to legacy and next-generation PTFE liners and other substrate materials. The ultra-thin coating is available in various durometers, as well as Class VI approved materials including Pebax®, nylons, and polyurethanes. Multiple durometer options allow design engineers to tailor the performance of the finished catheter. By creating a stronger bond between the outer jacket and liner, Tie Layer enhances catheter performance, improves patient safety, increases yield, and reduces manufacturing costs. Zeus provides medical device manufacturers unmatched capabilities, including the highest quality rating in extruded PTFE liners in the widest range of sizes, the thinnest walls in the world, the shortest lead times in the industry, and the largest capacity available. Now we offer a Tie Layer coated liner that addresses the market’s need for reducing or even eliminating delamination. Our new Tie Layer solution provides product designers and engineers with an excellent option for addressing these challenges.”Bob Chaney, Senior Vice President, Global Sales & Marketing, Zeus Industrial Products, Inc.last_img read more

EU is unimpressed by threats of nodeal Brexit BBC

first_imgLONDON (Reuters) – The EU’s chief Brexit negotiator said in an interview to be published on Thursday that he was unimpressed by threats of no-deal Brexit but that if the United Kingdom opted for such a course it would have to face the consequences. FILE PHOTO: EU chief Brexit negotiator Michel Barnier speaks during a news conference at the Ministry of Foreign Affairs in Nicosia, Cyprus May 20, 2019. REUTERS/Yiannis KourtoglouAsked by the BBC what would happen if London tore up its EU membership card, Michel Barnier said: “The UK will have to face the consequences.” “I think that the UK side, which is well informed and competent and knows the way we work on the EU side, knew from the very beginning that we’ve never been impressed by such a threat,” Barnier said. “It’s not useful to use it”. Barnier spoke to the BBC before Britain’s Conservative Party leadership contest. Boris Johnson, who is the frontrunner in the contest to replace Prime Minister Theresa May, has pledged to leave the EU with or without a deal on Oct. 31. If Johnson wins, the three-year Brexit crisis could deepen as the EU has refused to countenance changing the Withdrawal Agreement and the British parliament could try to block a no-deal Brexit. Barnier said the Withdrawal Agreement “is the only way to leave the EU in an orderly manner”. EU Commission’s first vice-president, Frans Timmermans, told the BBC that UK ministers were “running around like idiots” when they arrived to negotiate Brexit in 2017. Timmermans said he was shocked by the standard of the British negotiation after initially expecting a brilliant show. “We thought they are so brilliant,” he said. “That in some vault somewhere in Westminster there will be a Harry Potter-like book with all the tricks and all the things in it to do.” But then: “I thought, ‘Oh my God, they haven’t got a plan, they haven’t got a plan.’” “Time’s running out and you don’t have a plan. It’s like Lance Corporal Jones, you know, ‘Don’t panic, don’t panic!’ Running around like idiots.” Reporting by Guy Faulconbridge; editing by Costas PitasOur Standards:The Thomson Reuters Trust Principles.last_img read more