Friday, August 24th, 2018

Krogers Looks to Phase Out Plastic Bags
Press Release

The grocer announced that it plans to phase out single-use plastic bags at all of its stores and transition to reusable bags by 2025.

According to the company, some estimates suggest that 100 billion single-use plastic bags are thrown away in the United States every year.

Currently, less than five percent of plastic bags are recycled annually in America, and single-use plastic bags are the fifth-most common single-use plastic found in the environment by magnitude.

Aurora Cannabis Plans to Launch Soft Gel Capsules in Canada
Press Release

The company announced that it has received Health Canada authorization to produce cannabis softgel capsules.

Aurora stated that it will begin production of its softgel capsules immediately, in partnership with Capcium Inc., a Montreal-based manufacturer that specializes in high-volume softgel encapsulation.

The company anticipates significant consumer demand for encapsulated cannabis products once cannabis is legal for adult recreational use in Canada.

Volkswagen Looks to Invest Billions in its Digital Transformation
Press Release

Volkswagen announced that it will invest 3.5 billion Euros (or $4 billion) through 2025 to build digital products and initiatives that will help boost its product line. The investment includes creating new a cloud-based ecosystem for services such as car sharing.

The company also stated that it will introduce a new operating system, caled “vw.OS” to its electric fleet starting in 2020.