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Cannabis sales are expected to surge this holiday season.That's according to research from enterprise software company Akerna.The company projects that in the week leading up to Christmas Eve, cannabis sales will generate 0 million. Sales on New Year's Eve are expected to generate million.The company believes males will account for 64% of those sales, and females will generate 36%. The company also expects people between the ages of 30 and 40 to account for 30% of sales.According to Akerna, cannabis flower is expected to be the most popular item bought, followed by cartridges and pens, concentrates, and infused edibles. 642
BURBANK (CNS) - The Walt Disney Co. reported sharp year-over-year third-quarter revenue drops today, thanks in part to the coronavirus-prompted closure of its theme parks, but the success of its streaming services, most notably Disney+, gave the Burbank company a needed boost.Disney reported third-quarter revenue of .8 billion, a 42% drop from last year's third quarter, but still ahead of industry expectations.Revenue losses were fueled largely by the closure of Disney parks worldwide, with the company's Parks, Experiences and Products segment seeing an 85% revenue drop from the third quarter of last year. The only Disney segment not to report a drop in revenue was the Direct-to-Consumer & International segment, which showed a 2% gain.In terms of operating income, the company's Media Networks showed a 48% jump.``Despite the ongoing challenges of the pandemic, we've continued to build on the incredible success of Disney+ as we grow our direct-to-consumer businesses,'' Disney CEO Bob Chapek said in a statement. ``The global reach of our full portfolio of direct-to-consumer services now exceeds an astounding 100 million paid subscriptions -- a significant milestone and a reaffirmation of our DTC strategy, which we view as key to the future growth of our company.''The company's streaming services are Disney+, ESPN+ and Hulu, with Disney+ representing more than half of the empire's 100 million subscribers, according to the company.Disney reported diluted earnings per share of 8 cents, down from .34 in the same quarter last year.The company had originally planned to reopen its Disneyland and California Adventure theme parks in Anaheim on July 17, but those plans were scrapped as the state saw a surge of coronavirus cases. That surge prompted a delay in the state's release of operating protocols for large venues such as theme parks.The Downtown Disney shopping and entertainment district reopened to the public on July 9, although some individual businesses remained closed. 2016
Caitlyn Jenner says she made a "mistake" in thinking she could work with President Donald Trump to benefit the LGBQT community and is now no longer a Trump supporter.In a Washington Post op-ed published Thursday, Jenner said at first she believed she could work with Trump and Republicans to change the party's stance on LGBQT issues."Sadly, I was wrong," Jenner wrote, adding, "The reality is that the trans community is being relentlessly attacked by this president."She argued that Trump "has shown no regard for an already marginalized and struggling community.""Believing that I could work with Trump and his administration to support our community was a mistake," Jenner wrote.She pointed to a New York Times report that the Department of Health and Human Services has a draft proposal to define gender under Title IX as solely male or female at birth, with no room for change.Jenner said her hope in Trump and Republicans was "misplaced" and that she "cannot support anyone who is working against our community.""I do not support Trump," she wrote. "I must learn from my mistakes and move forward."Over three years ago, the famed US Olympian came out as transgender in an interview with ABC's Diane Sawyer. Jenner voted for Trump in the 2016 presidential election and told E! in an interview Trump "would be very good for women's issues."However, Jenner began criticizing the President after the Trump administration announced a ban on transgender people serving in the military and withdrew Obama era guidance for transgender students in public schools that let them use bathrooms and facilities corresponding with their gender identity.The-CNN-Wire 1665
CARLSBAD, Calif. (KGTV) -- People took to social media New Year's Eve after a funnel cloud was spotted over Carlsbad. According to the National Weather Service, several reports of funnel clouds were reported along the coast Monday. The organization's Twitter account shared video of the funnel cloud. Throughout the video, the cloud can be seen forming before dissipating. RELATED: Snow in the forecast for San Diego County mountainsThe National Weather Service noted that the cloud spotted in Carlsbad is not a tornado because it didn't make contact with the ground. RELATED: Check today's forecastThere have been several reports of funnel clouds along the coast today. Here's the most recent one from #Carlsbad captured on video. Note: Not a tornado, as this requires contact with the ground. #cawx https://t.co/kPpZefgLCB— NWS San Diego (@NWSSanDiego) December 31, 2018 880
Cape Town may have narrowly avoided Day Zero -- the date at which the South African coastal metropolis of 4 million people would run completely out of water -- but the extreme water crisis it's facing is far from over.Draconian water restrictions remain on the city's residents, limiting their water usage to 50 liters a day per person, and if significant winter rains do not replenish the region's reservoirs, Cape Town will once again be faced with prospect of taps running dry in early 2019.With desalination efforts proving to be time-consuming and costly, unconventional water supply options are under consideration. 629