News — Startups

Obvious Ventures makes CBD sporty with beam, which sells cannabis products to the GNC set

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Athletes looking to take a break from all their worries over prescription painkillers and anyone who’s hankering to try out the new cannabinoid-based treatments for their conditions (without worrying about potentially getting dosed with some THC) can now turn to beam. The Boston-based company founded by two former athletes (who were friends at Boston College) is pitching a product that’s 100% CBD sourced from hemp plants without any of the psychoactive ingredients that are found in tetrahydrocannabinol. Matt Lombardi, a former minor league hockey player and serial entrepreneur, and Kevin Moran, who played baseball in the minors before taking an...

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2019-11-05

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Small- and medium-sized enterprises are vital in the Southeast Asian economy. However, access to credit remains a pervasive concern.  SMEs account for anywhere between 88.8 per cent and 99.9 per cent of all establishments and employ 51.7 per cent to 97.2 per cent of the labour force in the ten countries that make up the Association of Southeast Asian Nations (ASEAN). While such businesses are high in number, they contribute just 30 per cent to 53 per cent of the gross domestic products of the ASEAN-member states where they are located. Clearly, the economic potential of these enterprises remains largely...

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