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Friday, January 31, 2020

Pennsylvania dad goes viral for buying his daughter a vending machine

A Pennsylvania dad’s Christmas gift to his 10-year-old daughter went viral for helping her develop an entrepreneurial mindset and setting her up for financial success.

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Instead of the typical toys, electronics and clothes, Reco Oxendine, 28, bought his daughter her very own vending machine and now she’s learning the fundamentals of wealth building, reported Atlanta Black Star. Oxendine announced the unique gift on Facebook and the post has since been shared more than 18,000 times with roughly 2,000 comments from people who were eager to learn how they too could start their own vending business.

“I want her to be a boss,” Oxendine told Atlanta Black Star. “I want her to understand (the) value of being a business owner at a young age. So, when it comes to her growing up … and she has to make decisions about how she can earn money, she knows that a job isn’t the only way.”

Oxendine said he started his daughter down this path in 2016 when they began selling candy in their local community. Their business, “Candy Lovers,” would drop by barbershops, salons and community sporting events, where they would sell their concessions.

“I grabbed a cart from Walmart and some candy, and we just started selling (candy),” Oxendine told Atlanta Black Star. “The community fully embraced it, like they loved what we were doing.”

From there, Oxendine used the profits to start buying vending machines. He currently owns a dozen vending machines.

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According to DiscountVending.com, the cost of vending machines range from $1,500 to $3,000, depending on how many features it has and whether it also sells refrigerated treats.

Oxendine is using this moment to not only pass on his knowledge, lessons learned and entrepreneurial mindset to his daughter, but he is also now educating other children on the importance of building generational wealth through a new video series called Next Uplifted.

That’s what’s up.

The post Pennsylvania dad goes viral for buying his daughter a vending machine appeared first on TheGrio.



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Southern University Becomes First HBCU to Launch Hemp-Derived CBD Product Line

CBD

The Southern University Agricultural Research and Extension Center in Baton Rouge, Louisiana, has announced a partnership with Ilera Holistic Healthcare, as it releases a hemp-derived CBD product line called ALAFIA. This makes Southern University the first HBCU to launch a hemp product line.

Representatives from Southern University and Ilera Holistic Healthcare held a press conference—which included a ribbon-cutting ceremony at H&W Drug Store Dispensary in New Orleans. At the event, people were able to purchase ALAFIA.

“This is an exciting time for healthcare and business here in the state of Louisiana, and Southern University is honored to be a part of it all,” Ray L. Belton, president of the Southern University System said in a statement. “Southern has been a leader in agriculture and the sciences for 140 years while staying true to its mission of access. This CBD venture with Ilera encompasses all of that. We look forward to advancing this vision and serving as a model for other universities.”

ALAFIA, which means ‘inner peace’ in the Yoruba language, is scientifically formulated, lab tested, and pesticide-free. The CBD products will be available at dispensaries in Louisiana as well as other retail locations. ALAFIA will also be made available nationwide for sale and distribution.

“We are excited about the launch of ALAFIA,” said Osagie Imasogie, chairman of Ilera Holistic Healthcare. “Our team created a superior hemp-derived product with patients in mind. We are proud of this partnership with Southern and look forward to announcing the next phase of this groundbreaking rollout.”

The formulated PURE CBD tinctures currently on the market are: Isolate CBD with 500mg ($40) and 1000mg ($80) and Full Spectrum CBD with 500mg ($40) and 1000mg ($80). Additional CBD products will be released soon.

“Our vision has always been patient access and affordability,” said Chanda Macias, chief executive officer of Ilera Holistic Healthcare. “It was imperative for us to bring high-quality products that support health and wellness. Patients now can purchase ALAFIA over the counter without a prescription anywhere it is available.”

For additional information and to learn more about distribution and retail locations, click here.



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Friday's Best Deals: Jach's Sweaters, Cole Haan, Tactical Sporks, and More

An Anker wall adapter, LG monitor, an itty-bitty lighter, and New Balance shoes lead off Friday’s best deals from around the web.

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Austin Police Still Disproportionately Arrest Black and Latinx Motorists, Despite Attempts to Address Racial Disparity in Policing

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