Cannabis co-CEO fired by beer board, Walmart’s Jet.com drama, and Lee Iacocca changed cars forever

The Best One Yet

Nick & Jack Studios

Business News, Tech, News, Finance, Business, Pop Culture

4.6 • 9.8K Ratings

🗓️ 8 July 2019

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Canopy Growth is the world’s largest cannabis company and it suddenly fired its co-CEO — but it looks like Corona owner Constellation Brands was all over this one. A Recode report revealed major drama within Walmart as its ecommerce arm led by Marc Lore clashes with classic brick-and-mortar Walmartians. And our “Icon of the Week” Lee Iacocca changed the auto industry forever, so we’re looking at his legacy as he passed away.Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick, this is Jack, and this is Snacks daily.
0:04.6	It is Monday, July 8th.
0:07.0	We're bringing the best one yet to Snacks Nation.
0:09.6	This is actually the best snacks we've ever done, and it happened on a weekend.
0:12.6	While markets touch record highs, we had a short week thanks to Independence Day.
0:16.3	We had like three and a half weeks.
0:17.3	Really short.
0:18.3	You got that extra vacation, you got the half day, the day off, whole confusing thing.
0:21.5	All we know is you weren't working for.
0:22.7	But now it's Monday and we got three beautiful stories.
0:24.9	We're kicking it off with a report that Walmart is having a culture clash with Jet.com
0:29.9	The e-commerce puppy startup it acquired to take on Amazon.
0:33.6	This is New School Mark Lore versus Old School wall martians.
0:38.0	That's where it comes from.
0:39.0	I like that nickname.
0:40.5	Second story, co-CEO of Cannabis Giant Canopy Growth got suddenly fired on Wednesday.
0:46.5	It's an awkward situation.
0:48.4	Awkward because it reveals a big fight between alcohol and weed.
0:51.7	This is about canopy and corona-owner constellation brands.
0:55.8	And then third and final, Jack, we got a special one here.
0:58.4	The icon of the week is Lee Iacocca.
1:01.1	He was a legendary leader in the automotive industry and he just passed away last week.
	...

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