Chicago’s United Center partners with Rythm to become the first U.S. arena to offer hemp-derived THC beverages at live events for adults 21 and older. Consumer interest in THC products is rising, with 14% of U.S. adults using them. The drinks will debut in early February, aligning with Illinois laws on safety and compliance. Congress passed a funding bill capping THC, potentially impacting hemp-based beverages like those sold at the United Center. Lawmakers are introducing bills to keep intoxicating hemp products legal until 2028. The Trump administration’s move to reclassify cannabis under the Controlled Substances Act could pave the way for more cannabis-related products in mainstream venues. Investing in cannabis remains volatile and challenging.

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1. The U.S. economy added 943,000 jobs in July, exceeding expectations. The unemployment rate dropped to 5.4%, the lowest since the start of the pandemic.

2. Apple became the first company to reach a $3 trillion market cap, driven by strong iPhone sales and a booming services business.

3. The Federal Reserve announced plans to taper its monthly bond purchases, signaling confidence in the economy’s recovery. This move could lead to interest rate hikes in the future.: Chicago United Center will sell THC beverages at concessions