Transcript for New Outfits Tracking Your Baby's Health to a Startup Cashing in on Cannabis
Hello and welcome to real thing -- I'm Rebecca Jarvis here in New York City -- yes. It is cold outside it is very cold outside but we're heating things up in here and this is what's on our radar profiting. From -- we have Smart jammies they're hitting the strip and what happens to your money in 2014 we're gonna talk to -- -- Wall Street's top analysts. Want to get right to it right now smoking pot now legal in Colorado and Washington at least for recreational purposes. And no surprise here investors an -- advertisers want their cut and they are rushing. To cash in on Canada's a multi billion dollar business companies like start -- road dog. Which is making childproof packages for marijuana we have the founder and CEO Josh Gordon he's the brains behind the operation and he says. He just wants to class up -- -- And make wrote on the great use of marijuana it's nice heavy Josh thanks for having us -- the so Harry did become the -- use of pot. -- well let's it's. It's -- lofty goal but some really word we're all about just providing a quality product. Safe using all FDA material FDA approved materials. Child resistant packaging. -- we we know really took a look at the industry and we're not satisfied with you know them standard plastic. -- you carry -- around. These are people walk into stores and there -- walking out with a lot of the times link you sent a plastic baggy. You have some your products here but there's a sort of 2.0 generation of the products on your website we have some pictures of that. But how is your product going to be child proof to what ages -- childbirth. So -- childproof. According to the consumer product safety control board is has two pass an exhaustive. Testing process. Usually kids under the ages of five. I believe it's about 90% of those kids can not get into the package. Interestingly enough about 85% of senior citizens. Have to be able to get into that package. Now -- to and a four year old and I just telling you where have they tried to I didn't imagine -- -- Bentsen does not qualify as you know actual approval and it I -- -- -- -- -- -- end. They cannot get into a packages OK so so basically what you're doing here is creating the packages. To make pot transportable. Well you know what it is is you know when you walk into a liquor store and you -- nice -- cognac it's well branded comes in a nice glass bottle sometimes even felt case. When you walk into marijuana establishment you should really -- that -- same experience and have the child resistant. Closures incorporated. You know assure a safe offering and you know that's that's really what the whole company is premised on -- providing aesthetically pleasing -- rentable packaging solutions that. You know exceed all of the -- requirements in the legal states. When you think about the great who smuggled out. Grade kids did that the Smart thing by marketing -- felt they were not just selling the packaging but they were selling the vodka in it. But were selling the vodka -- kinds of the packaging. Do you see yourself ever actually getting into the physical -- business and why are you there yet. It's a good question and -- get that many times. You know currently our focus is is strictly on the packaging. Less risk less risk only recently did recreational marijuana become -- illegal and those two states. It's it's something we have our eyes done something that I and don't want to rule out as you know being in -- future opportunity for us but. You know right now we've got our our hands full just you know making sure that. -- we could help you know other marijuana companies really build a brand road what is your name. We Rhode delegates it's it's kind of funny actually mean it really just -- You know back and growing up. All all of our friends used to call each of the road dog is just a pet name when we. In over a fool around and whatnot and when we needed to come -- -- name for our our LLC. We Saturday road outfits. I mean -- -- I'm literally made up name it's not part of like you wouldn't find in the urban dictionary a little on the sort of connection to -- -- -- -- like that it. Exactly and and we we really liked it because because it's made up. It gives us the opportunity -- you know to branded herself as opposed to taking a name that's already in existence and -- this preconceived notion that. You know whatever that name is now with its don't -- for instance if you're thinking a dog buried dirty -- have something. My mind -- Google created Google out of thin air apple I mean we haven't impression of what an apple was but Google is -- perfect example exam was no Google. So ultimately what you want your company to be and and in terms of where a lot of people are thinking right now it's -- -- -- they see a lot of for example small business owners who might be making a product it has nothing to do with pot but all of a sudden they're saying maybe -- need to find a way to get into the pot game because. Like the interest that it is a multi billion dollar business. Sure sure so you know wanting that we didn't talk about we we talked about how we -- this packaging offering and notes and we're really trying to. Help introduced you know professionalism and class into the the medical marijuana and now the until he's now one industry. But we also this lifestyle brand of products accessories apparel. Position for that discerning -- -- as opposed to the stereotypical -- if you will discerning socialite not hipster -- -- its players. Not not he had stern Williamsburg but has you know little edge to them and and we really see that there's just this underserved demographics you know -- It would really the majority and think of people you know -- mainstream clientele you professionals are doctors lawyers. You know businessman. -- marijuana has not -- -- -- catered to those you know people as of yet and we really want to. Introduce a much more fashion -- you know appropriate way of of offering you know products and in addition to a. And more expensive. Which is our -- -- a -- but that's. It's your business -- Josh -- thank you so much for coming meeting with us today real thanks again for have a great and happy new year. -- -- -- -- -- -- -- One of the most talked about innovations buzzing at CES Smart ones the mayor shipping this week in their brought to you by Intel and you can monitor your baby's breathing. And -- skin temperature -- Danny -- -- -- -- tech -- and analysts is joining us now live on the phone from CES in Las Vegas. And Intel -- getting what does being -- Well let's. It's one of many things actually be -- we talked about a new technology actually in September. We launched into Tulsa technology called Intel quirk technology and a series of -- They're gonna power a number of dead including where polls and -- product that we also talked about this week. Intel -- -- a small literally computer and chip SMC decides that and SD card standard nasty car and that type of techno. -- powers. Periods. -- technologies like twenty he retired and -- this -- he has. Conducted incarnate and with the addition of this small -- tell at Edison Howard. Module clips and monitors the baby's heart rate. Respiration activity and so can wirelessly transmit the state of the baby to others -- devices. Whether it be Smart coffee cup for example let parents know that that the navy's subtle and sleeping or not. When I don't hold it up so people can see -- because I it's it's it's really. And that the little chip that Intel is providing here is hidden inside of is that green turtle. So it makes it looks pretty innocuous -- looks like a little turtle but it's sending out tons of information. And I'm thinking that a lot of my friends who recently had babies would love it. Except it might drive them crazy with the level of that you might be calling -- ER or the doctor immediately. I don't know that it's it's it's it's the extreme or would you be that concerned as a parent and you -- one one of the examples of what to -- and technology like this is not just monitoring the state of the baby but you know -- not I've got kids myself that that late night wake up you you get up as a parent rocky. If this can wirelessly sent. The signal to be Smart maybe a -- and get them all out before we get about a bat. Kind. Usage smaller technology like this can can really. I can see where that would come in handy and I appreciate the fact that as a father your thinking about that technology and not just as the mom. It is though you think about wrapping your baby your new born child. In a bunch of wireless technology. That doesn't exactly -- safe where hasn't been tested for safety and how rigorously has Intel -- -- through the paces. We're you know we're using standard you know what -- protocols. In terms. The actual materials here. I mentioned this particular this particular one -- Is conducted -- so there's not a you know wires or other. -- this this this housing -- -- you know small magnetic. To the side generally. In a place where it's not necessarily a pressure point that maybe when the babies you know sleeping -- I think that that folks ever -- devices in this particular. -- company -- one Z they're doing a good job at their design begins another huge and great example. The types. Smart wearable devices that that the -- and your citizenship and our technology to power. We have very cool stuff and then that you mention where -- being a huge component of CES and what we're seeing. How much is that the security baked in cities where bulls and how many more iterations -- -- think about it the phone the Internet so many things that we've just come. To exit to use every day now have a lot of security baked and do don't wearable is that are coming out today have the same degree of security in them that all of the products were -- accustomed to using a. To an extent yes but you know it's our combatant and we announced this week it's -- -- -- re branding you well. -- security. Packet feeds now Intel security and we've got a commitment now. From our CEO that every mobile device that we develop is going to -- With McAfee security of some sort you -- that the -- -- security. In our PCs and her -- works not necessarily the same types of securities. Systems that we're gonna find once you bet absolutely we want to make sure that that the data especially network were sharing with ourselves in our home. But -- otherwise kept secure. Danny -- on now Intel's tech and Angela is joining us from -- -- -- waking up -- early during CES we really appreciate it thanks so much scary. Thank you. Larry take care. -- -- returned to the most anticipated predictions there any impact your money this year he's one of the most highly sought after strategists on Wall Street Bob doll chief equity strategist and senior portfolio manager and you mean asset management Bob. So nice to see you happy new year same -- -- can you come out with these ten predictions every year and you've got a couple of them to share with us today one that really caught my -- Was the question about -- Because everybody's wondering how we gonna grow this year and -- -- really pick up and that's speed the velocity of growth pick up the when he say that. My answer is yes the theme for this year is less fear and more confidence. And to the extent Rebecca that's true. That will permit encourage allow. Faster growth and where is cedar -- specifically like for example housing has been a big chapter of growth this year -- last year should -- He will continue and it will continue to grow steal from low levels. We forecast the house. -- new home construction across one million units this year. We haven't seen that for five years -- prior to these five years 1950s. Last time housing starts were below a million -- so all we're saying is growth is picking up but in some areas like housing for very low levels so if -- -- homeowner right now what would you say that's going to mean for me and especially for a seller or someone who wants to it probably means home prices are gonna continue to rise. Now we saw in the last couple years some very strong price gains I'm not sure won't keep up at that pace -- for most areas of the country. Home prices a year from now will be hired and they are today which -- Hires perspective -- it's not as fast of -- that's actually for a buyer's perspective a decent -- employment. I love this prediction you say employment is going to -- to all time highs in a good way. Yes that is. Private employment -- people working for private companies in a few months absent I don't foresee a recession hit -- new all time high. All this noise about how much trouble we're in how bad jobs are there -- a statistic that pretty important one. Not obscure any way shape or form that's about to hit and new all time. Which would be great to see it would it would mean that corporate America is going to really be spending money on its employees training its employees expanding. Internally and not just on stock buybacks -- -- -- -- you talk about stop. Acts absolutely right so the last few years with all the cash they have -- all the free cash flow corporate America has the combined -- stock and raising their dividends. I think they'll continue to do those things but to your point. They have a little more confidence -- less fear my theme and as a result they will do more capital expenditures more reinvestment. In their business. To help it and therefore the economy grow -- key ingredient. If that wasn't the case let's just say corporate America decides it's not going to do the kinds of investment in its people and in its actual business. And it does continue to invest in the stock market do you think. That this economy is going to grow at the levels you're suggesting. If that doesn't happen as part of my thesis to get to a 3% growth -- level hires in the two where we've been living now for some time so we need that ingredient to get the -- you also have some predictions about politics -- We do this is a political year every other year we have a prediction it is that Republicans capture. I think additional seats in the house. Take more seats but fall short in the senate as you know the Republicans need six seats to win the senate our guess is they get for maybe only three. Why is this important. I think for most of us Washington DC we need to forget two things one we have a very accommodative Central Bank the Fed. And the federal budget deficit falls every day Washington DC is not as bad for the investment economic climate -- lot of people think. But the big question of the year will -- asset management have a one NC a Smart ones it. They take your great great great point. I don't brands something that I think it's there where there is Smart Smart idea after all the subject you've been talking about it show. Right but thank you so much -- -- -- thanks for hearing your predictions. Bob dollar Nubian and they -- so much for joining us for real -- until next time this is Rebecca Jarvis from New York have a --
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