Stocks fight for gains as earnings reports roll in – Yahoo Finance

Thanks a lot, Big Blue. IBM drags on the Dow while the S&P and Nasdaq maintain gains as earnings season rolls on. Plus, a market warning sign is flashing red for the first time since 2007. And, Roku gets slammed as Amazon and Best Buy team up, but is the sell off overdone for the streaming device maker? Plus, ‘metal fatigue’ is blamed for yesterday’s Southwest mid-air accident. Are GE and Boeing set for blame? Catch The Final Round at 3:55 ET p.m., with Jen Rogers and Yahoo Finance markets correspondent Myles Udland and editor-in-chief Andy Serwer.

Winners and losers

Stocks in the red include Altria as Citi downgraded shares to neutral claiming e-cigarette sales are disrupting the industry; Juniper Networks as Goldman cuts the network equipment maker to Sell citing shrinking revenue and sales; and IBM, with shares sinking despite an earnings and revenue beat as full-year EPS guidance missed the mark, as its hardware business continues to hit margins.

Stocks in the green include United Continental on an earnings beat as higher fares helped offset rising fuel prices; CSX as earnings topped Wall

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Medical Marijuana, Inc. Reports Fourth Quarter and Year End 2017 Financial Results and Operational Highlights … – Markets Insider

SAN DIEGO, April 18, 2018 /PRNewswire/ — Medical Marijuana, Inc. (OTC PINK: MJNA), the first-ever publicly traded cannabis company in the United States, today announced financial results for the quarter and year ending December 31, 2017 and provided an overview of recent operational highlights.

The Company continued to show strong growth throughout the year, as 2017 revenue increased to over $26.5 million, an increase of more than 230% over 2016. Quarterly revenue for Q4 2017 grew to more than $9.4 million, an increase of more than 250% over Q4 2016 and a sequential increase over Q3 2017 of 17%.

Additionally, Medical Marijuana, Inc. subsidiary Kannaway® experienced significant growth with 2017 revenue of $15.9 million, an increase of nearly 270% over 2016.

“2017 was a historic year for cannabis legalization across the United States and the world and Medical Marijuana Inc. is proud to be on the forefront of groundbreaking industry lines,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “It is clear that the botanical and pharmaceutical side of cannabis is here to stay, which strengthens our belief in our long-term plans

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New York Teens Explain How They Created A Huge Vape Trend – The Cut

By now you’ve probably heard of the Juul, the vape that looks like something between a USB drive and a pack of Doublemint gum. It’s used with pods that are filled with an e-liquid, which delivers the highest possible concentration of nicotine outside of a cigarette. It’s flat, sleek, about the size of the average lady’s middle finger, and designed, specifically, to not look like a cigarette so as to help its intended customer with their No. 1 goal: quitting smoking.

But something different happened: the same teens who’d been taught their whole lives that cigarettes were truly disgusting started picking up the Juul. Specifically, New York teens enjoyed the nicotine headrush without the cancer-causing smoke and chemicals. As of the last week in February, Juul was responsible for 54 percent of vape sales in the United States, and now these New York City teens would like their due: the Juul wasn’t cool or really all that worthy of attention until they picked it up.

By the time the Juul epidemic was covered in the New York Times, Wall Street

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Town To Vote On New Restrictions For Vape Shops, Hookah Lounges – Patch.com

SMITHTOWN, NY – The Town of Smithtown is considering changing the town zoning code affecting businesses that sell or use electronic cigarettes, vape pens, e-liquid nicotine, and other marijuana derivatives.

The proposed law would require business such as Hookah lounges and vape stores to be within 1,500 feet of any park, playground, religious institution or school.

The initiative was led by Councilwoman Lisa Inzerillo and gained support from members of the community as several new vape shops began to open up along the main business districts throughout the town.

Town officials claim they began to receive letters and emails from parenting networks requesting some sort of restriction on businesses that sell or use vapes and e-cigarettes.

After receiving those messages, Inzerillo began coordinating with the Town Attorney’s office, officials from the Smithtown Youth Bureau, Horizons Center and various community coalitions to gauge concern.

“There are literally Youtube videos teaching young kids how to use e-cigarettes while sitting in class,” Inzerillo said. “While we have a responsibility as parents to know what our children are doing at every minute

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Vape Up or Ship Out: Two of Our Favorite Vaporizers – The Portland Mercury

MR. HOTBOX

In stoner parlance, to “hotbox” means to fill a car, room, tent, or other confined space with cannabis smoke to the degree that those occupying said space who are not actively consuming can still obtain a high.

I share this to be clear that when I reference Mr. Hotbox, I’m not speaking of a dude who has smoked out so many places as to have earned that moniker. Rather, this Mr. Hotbox is a very user-friendly, high-end desktop e-nail and vaporizer (with option for portability) that’s designed and built in Washington. It comes complete with a cutesy “robot from the future” narrative and looks a little like a futuristic satellite radio for your car.

Each unit is made with components, features, and functions demonstrating the care that its designers put into Mr. Hotbox—such as a built-in safety timer in case users forget they have left it on (and we’re talking about cannabis users, so… yeah); a cleaning function for the nail; an optional “Herb Oven” attachment that allows for full convection vaporization of flower; and

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