Third straight monthly decline puts U.S. existing-home sales at 3-year low
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US existing home sales fall sharply to 3-year lowThe U.S. housing market has been stymied by a sharp rise in mortgage rates since 2016 as well as land and labor shortages.
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Weed grower Canopy Growth set to rally after legal pot sales buoy revenue by 282%Cannabis producer Canopy Growth was set to rally Friday after it reported third-quarter revenue rose 282 percent over the last year.
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Canopy Growth is rallying after beating on revenue, thanks to huge legal-marijuana sales in CanadaShares of Canopy Growth were up 5.57% to $48.69 apiece early Friday after the company reported Q3 revenue that topped Wall Street's expectations.
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Drug company used rap video to push for higher doses, salesBOSTON (AP) — Employees at a drug company accused of bribing doctors rapped and danced around a person dressed as a bottle of the highly addictive fentanyl spray in a video meant to motivate sales reps into getting patients on higher doses. The video was shown to jurors this week in the closely watched trial in Boston of wealthy Insys Therapeutics Inc. Founder John Kapoor and four other onetime executives, including a former exotic dancer who prosecutors say was hired as a regional sales manager even though she had no pharmaceutical experience.
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Pot company Canopy Growth posts nearly 300% sales jumpCannabis company Canopy Growth reported strong sales thanks to legal marijuana in Canada. The company, backed by Corona owner Constellation Brands, is hoping to expand in the US with hemp and CBD products following the passage of the Farm Bill.
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