A federal ban on hemp-derived THC-infused products that was recently passed as part of a bill to end the government shutdown has brands in the industry contemplating how best to work with lawmakers to avoid upending their business model.
Pattern, an e-commerce company that helps online merchants sell on third-party marketplaces, has filed for an initial public offering, reigniting debate about the viability of marketplace-reliant business models.
Since last August, Ruggable has shifted about 10% of its overall spend from performance channels, like Meta, into brand channels, like influencers and connected television. The brand plans to grow that spend by another 15% to 20% next year, chief marketing and creative officer Lauren Sherman-Kaoud said.