Green Mountain Coffee Roasters, Inc. Climbs Forbes’ “200 Best Small Companies in America” List WATERBURY, Vt.–(BUSINESS WIRE)–Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) has been named by Forbes as one of the “200 Best Small Companies in America” for the seventh time since 2000. The Company was ranked 55th on the list, up from 88th in 2007.Forbes singled out GMCR as an “Every Day Tech Star” for using technology that affects people’s every day lives. “Its Keurig Single-Cup Brewer has revolutionized coffee making for those not interested in making a whole pot,” the article says. “Single-cup penetration is still only 5% of U.S. households, leaving lots of room for growth.” Keurig is the single-cup market leader at retail in dollar sales and units sold, according to the NPD Group.”We are excited to be recognized for our performance, especially during a turbulent year for the market,” said Larry Blanford, President and CEO of Green Mountain Coffee Roasters, Inc. “It’s gratifying to know that our strategy of creating a superb coffee experience, and leading with single-cup coffee, keeps us on the Forbes list, year after year.”The criteria used to screen the Forbes list of the “200 Best Small Companies in America” were rigorous. The ranking is based on return on equity, sales growth, and profit growth over the past 12 months, and over five years. A company’s stock performance was compared with that of its industry peers.About Green Mountain Coffee Roasters, Inc.Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) is recognized as a leader in the specialty coffee industry for its award-winning coffees, innovative brewing technology and socially and environmentally responsible business practices. GMCR manages its operations through two wholly owned business segments: Green Mountain Coffee and Keurig. Its Green Mountain Coffee division sells more than 100 high-quality coffee selections, including Fair Trade Certified(tm) organic coffees, under the Green Mountain Coffee(r) and Newman’s Own(r) Organics brands through its wholesale, direct mail and e-commerce operations (www.GreenMountainCoffee.com(link is external)). Green Mountain Coffee also produces its coffee as well as hot cocoa and tea in K-Cup(r) portion packs for Keurig(r) Single-Cup Brewers. Keurig, Incorporated is a pioneer and leading manufacturer of gourmet single-cup coffee brewing systems for offices, homes and hotel rooms. Keurig markets its patented brewers and K-Cups(r) through office distributors, retail and direct channels (www.Keurig.com(link is external)). K-Cups are produced by a variety of licensed roasters including Green Mountain Coffee. Green Mountain Coffee Roasters, Inc. has been recognized repeatedly by CRO Magazine, Forbes and SustainableBusiness.com as a good corporate citizen and an innovative, high-growth company.
Also Read | Warriors Make A Touching Gesture; Invite Gilroy Garlic Festival Shooting Victims To A GameMLB: No more suspensionsLos Angeles Times journalist Bill Shaikin added more information about the meeting which happened in October. Shaikin informed that commissioner Dan Halem stated that the minor league would be open to allow tests for opioids in the 2020 season. Shaikin added that marijuana and opioids were both considered as ‘drugs of abuse’ under baseball’s policies. However, major leaguers were only being tested for performance-enhancing drugs and not for marijuana or opioids. The fact that minor leaguers face suspension for ‘marijuana and opioids’ was completely uneven. According to Shaikin’s report, 13 minor leaguers have faced a suspension for testing positive for marijuana in 2019. Minor League Baseball has removed marijuana from its list of banned substances. The Athletic’s journalist, Ken Rosenthal reported that Major League Baseball is eliminating marijuana from its list as part of a negotiation with the player’s union regarding a new agreement on opioids. Effectively, it means that marijuana would be legalized across baseball. Deputy Commissioner Dan Halem said the league would “absolutely” like to test for opioids during the 2020 season. Minor league baseball to stop testing for marijuana.Not performance enhancing & while only anecdotal evidence in US, it’s efficacy is being proven every day.https://t.co/UiDOA0s8VR@realbramw @andypollin1 @espn630dc @carolmaloney4 #MedicalCannabis pic.twitter.com/Jjm382beXw— Shad from DC (@shadfromdc) December 10, 2019 SUBSCRIBE TO US Abhishek Shetty Last Updated: 11th December, 2019 20:42 IST MLB To Allow Use Of Marijuana Across Baseball; Even Minor Leaguers Exempt From Tests MLB: According to Shaikin’s report, 13 minor leaguers have faced a suspension for testing positive for marijuana in 2019. Read on for more information. FOLLOW US LIVE TV First Published: 11th December, 2019 20:42 IST Also Read | Diego Maradona Loses His Cool And Goes Berserk During Gimnasia’s 2-1 Win COMMENT An article published by CBS Sports states that under the current regulation, minor leaguers who are there in their team’s 40-man roster are excluded from marijuana tests. Whereas those who are not there in the 40-man roster are actively tested for the use of the substance. Those who test positive for the first time in the non 40-man list are suspended for 25 games. Non 40-man players are handed a 100-game suspension when they test positive for the drug three times. If they are tested positive the fourth time, they are banned for life.Also Read | ISL: Points Table At Halfway Mark After Gameweek 7, ATK And Bengaluru FC Rule The RoostAlso Read | Chelsea Suffer Major Injury Blow Before Their Crucial Champions League Clash Against Lille Written By WATCH US LIVE