Latest news for Ventura Cannabis (OTC:CVHIF) Stock

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.

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VENTURA CANABS & WELNESS by Ventura Cannabis and Wellness Corp.

Ventura Cannabis and Wellness Corp

Zepp Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZEPP#NYSE">ZEPP</a>) reported quarterly losses of $(0.15) per share. This is a 15.38 percent decrease over losses of $(0.13) per share from the same period last year. The company reported $40.60 million in sales this quarter. This is a 54.59 percent decrease over sales of $89.40 million the same period last year.

Earnings

ZEPP

Zepp Health Q2 EPS $(0.15) Down From $(0.13) YoY, Sales $40.60M Down From $89.40M YoY

The lawsuit accusing Elon Musk&#8217;s Twitter, now known as X, of discriminating against employees with disabilities has been dismissed by a federal judge.
What Happened: On Wednesday, U.S. District Judge Araceli Martinez-Olguin in San Francisco dismissed a lawsuit against X, which alleged that the company forced out employees with disabilities after Musk took over and prohibited remote work, Reuters reported. 
The judge stated that the plaintiff, Dmitry Borodaenko, failed to demonstrate how Musk&#8217;s return-to-office mandate specifically affected employees with disabilities.
Borodaenko, a former engineering manager and cancer survivor, claimed he was fired for refusing to return to the office during the COVID-19 pandemic after Musk acquired X, then known as Twitter. The lawsuit alleged that X violated a federal law that requires employers to accommodate workers&#8217; disabilities.
&#8220;Borodaenko's theory improperly relies on the assumption that all employees with disabilities necessarily required remote work as a reasonable accommodation,&#8221; Martinez-Olguin wrote.
See Also: <a href="https://www.benzinga.com/markets/equities/24/08/40453581/nvidia-amd-alzamend-neuro-palo-alto-networks-tesla-why-these-5-stocks-are-on-investors-radars-to?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">NVDA, AMD, ALZN, PANW, TSLA: Top 5 Trending Stocks Today</a>
Martinez-Olguin ruled that the ban on remote work did not constitute disability discrimination, giving Borodaenko four weeks to file an amended lawsuit with more detailed claims. This lawsuit is one of several filed by former employees following Musk&#8217;s $44 billion acquisition of the company. Approximately 85% of X&#8217;s <a href="https://www.benzinga.com/news/24/07/39702644/elon-musks-x-corp-wins-500m-severance-lawsuit-judge-rules-laid-off-twitter-employees-claims-not-cove">workforce was laid off</a> after Musk acquired the company.
Why It Matters: The dismissal of Borodaenko&#8217;s lawsuit comes amid a broader debate on remote work policies. Starbucks and other major companies have faced scrutiny for allowing <a href="https://www.benzinga.com/news/management/24/08/40444800/will-remote-work-come-back-starbucks-ceo-says-rules-for-thee-not-for-me">top executives to work remotely</a> while requiring lower-level employees to return to the office. This disparity highlights ongoing tensions in the corporate world regarding remote work.
Kevin O&#8217;Leary has publicly challenged <a href="https://www.benzinga.com/news/23/07/33133111/kevin-oleary-challenges-elon-musks-immoral-view-on-remote-work-they-aint-coming-into-the-office-peri">Musk&#8217;s view on remote work</a>, labeling it &#8220;immoral.&#8221; O&#8217;Leary&#8217;s stance resonates with a significant portion of the American workforce, as a McKinsey &amp; Co. study revealed that 87% of U.S. employees prefer flexible work arrangements.
Musk&#8217;s return-to-office <a href="https://www.benzinga.com/news/22/06/27537769/elon-musks-return-to-work-or-quit-notice-to-tesla-employees-flops-in-germany-report">policies have met resistance</a> in the U.S. and beyond. In Germany, Tesla Inc. employees in 2022 opposed similar mandates, backed by the IG Metall union.
Additionally, a survey by Bamboo HR found that some executives use <a href="https://www.benzinga.com/24/07/39945751/bosses-admit-using-return-to-office-mandate-to-get-workers-to-quit-survey">return-to-office mandates</a> to induce voluntary resignations, a tactic seen during the &#8220;Great Resignation.&#8221;
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40453739/elon-musk-sends-dogecoin-spiking-with-ai-generated-image-says-willing-to-serve-in-governme?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Sends Dogecoin Spiking With AI-Generated Image, Says &#8216;Willing To Serve&#8217; In Government Department That Spells D.O.G.E.</a></li>
</ul>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

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Elon Musk's X Gets A Win Amid Legal Troubles As Judge Tosses Out Disability Discrimination Lawsuit Citing Insufficient Evidence Tied To Remote Work Ban

<ul>
<li>The AWS Asia Pacific (Malaysia) Region gives customers more choice to run workloads and securely store data in Malaysia while serving end users with even lower latency</li>
<li>New Region reflects AWS&#39;s long-term commitment to meeting high demand for cloud services in Malaysia and across Asia Pacific</li>
<li>AWS plans to invest more than&nbsp;$6.2 billion&nbsp;(approx. MYR 29.2 billion) and support an average of more than 3,500 full-time equivalent jobs annually in Malaysia through 2038</li>
<li>Active customers in Malaysia include Bursa Malaysia, CelcomDigi, GX Bank Berhad, PayNet, Petroliam Nasional Berhad, the Department of Broadcasting Malaysia, Tenaga Nasional Berhad, and many others innovating on AWS</li>
</ul>

AMZN

Reported Earlier, AWS Expands Asia Pacific Presence With New Malaysia Region, Pans To Invest Around $6.2B

VRAX

Reported Earlier, Virax Biolabs Announces $5M Registered Direct Offering Of 1,108,892 Common Shares At $4.50/Share

YOTA

Reported Earlier, Yotta Acquisition And DRIVEiT Financial Auto Group Ink Definitive Merger Deal

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Econ #s

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France Services Purchasing Managers Index Preliminary For August 55.0 Vs. 50.2 Est.; 50.1 Prior

France Manufacturing Purchasing Managers Index Preliminary For August 42.1 Vs. 44.4 Est.; 44.0 Prior

AI firm Midjourney has announced that its web experience is now available to everyone, amid ongoing controversy over unauthorized use of artists&#8217; work.
What Happened: Midjourney made a public announcement stating that its web experience is now open to everyone and is temporarily offering free trials. 
In a video posted on X, Midjourney explained how to use the tool on its website. The new website comes after years of being confined to Discord and allowing selective accessibility for an &#8220;alpha&#8221; website for those who generate a certain number of images.
David Holz, founder of Midjourney, wrote on<a href="https://discord.com/channels/662267976984297473/952771221915840552/1275863945051377734"> Discord</a> that the website will allow free trials of up to 25 images. New users can sign up using either their Google or Discord logins and can merge both accounts.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The Midjourney web experience is now open to everyone. We&#39;re also temporarily turning on free trials to let you check it out. Have fun! <a href="https://t.co/rcmP0UD8PV">pic.twitter.com/rcmP0UD8PV</a>
&mdash; Midjourney (@midjourney) <a href="https://twitter.com/midjourney/status/1826305298560418171?ref_src=twsrc%5Etfw">August 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/general/gaming/24/08/40472835/take-two-interactive-software-shares-are-trading-higher-today-whats-going-on?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Take-Two Interactive Software Shares Are Trading Higher Today: What&#8217;s Going On</a>
Why It Matters: This announcement comes in the wake of a series of controversies that have plagued the company. Earlier this year, Midjourney was embroiled in a scandal when a<a href="https://www.benzinga.com/news/24/01/36528377/from-van-gogh-to-walt-disney-to-andy-warhol-and-even-a-6-year-old-kid-midjourney-ais-massive-art-dat"> Google Sheet surfaced</a>, revealing a list of artists whose work was used to train its AI program. This sparked widespread backlash as it included a range of artists, from contemporary and modern blue-chip names to successful illustrators for corporations like Hasbro and Nintendo, even including a six-year-old child.
The controversy escalated when a<a href="https://www.benzinga.com/general/24/02/37398914/the-4-700-artist-ai-controversy-artists-accuse-midjourney-and-other-ai-firms-of-unauthorized-use-in"> lawsuit was filed </a>accusing Midjourney and other AI firms of unauthorized use of copyrighted works. The companies were alleged to have used a list of over 4,700 artists, including renowned figures like Norman Rockwell and Wes Anderson, to train their generative AI systems to produce artwork.
The AI art generator industry has been under scrutiny, with other companies such as Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Elon Musk-led xAI&#8217;s chatbot Grok also facing criticism. Microsoft launched its <a href="https://www.benzinga.com/news/24/07/39830846/microsoft-outpaces-apple-introduces-designer-ai-image-generation-tool-for-the-iphone">AI image generation tool</a>, Microsoft Designer, as a free iOS app, while Grok stirred controversy by <a href="https://www.benzinga.com/news/24/08/40389015/elon-musks-grok-ai-chatbot-creates-controversy-by-allowing-users-to-generate-no-filter-images-includ">generating offensive and bizarre images</a> of political figures and celebrities.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades" target="_blank" rel="noreferrer noopener">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Image by Wesley Fryer via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

Tech

MSFT

Midjourney Opens Web Experience To All Amid Controversy Over Unauthorized Use Of Artists' Work

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