U.S. Cannabis Industry in M&A Frenzy but Bottom Line Continues to Bleed
This week, numerous U.S. cannabis operators released Q2/2019 earnings, with companies reporting impressive top-line growth but most still are struggling to turn a profit. [more]
This week, numerous U.S. cannabis operators released Q2/2019 earnings, with companies reporting impressive top-line growth but most still are struggling to turn a profit. [more]
Klarna, a new online banking and payment service start-up from Sweden, recently announced US$460 million in funding, valuing the company at US$5.5 billion. [more]
The healthcare sector has been zestful with investment activity as new companies emerge to develop different ways to integrate technology into healthcare products and services to reduce costs, enhance patient experience, and improve medical processes. [more]
The renewable energy industry which includes alternative sources from solar, wind, water, geothermal, and nuclear, is ramping up as investors become more socially conscious and corporations start to understand the long-term benefits. [more]
Nouveau Monde Graphite (TSXV: NOU) secured a $4.25 million dollar technology commercialization grant from the Canadian government funded sustainable development technology program to build a graphite purification processing facility in Quebec, Canada [more]
UPS (NYSE: UPS; LSE: 0R08; DB: UPAB) announced that their subsidiary, UPS Flight Forward Inc., submitted an application for the Party 135 certification from the FAA, which would allow UPS to use drone delivery over people and out of sight from an operator in the U.S. [more]
Canopy (NYSE: CGC; TSX: WEED) announced that it has received an extraction license from Health Canada for its KeyLeaf Life Sciences facility in Saskatchewan, which is expected to have an extraction capacity of 5,000 kilograms (kg) per day. [more]
In an effort to revive the sagging fortunes of their solar business, Tesla (NASDAQ: TSLA) announced that they would offer the option of renting solar rooftop systems to customers. [more]
Disney reported FQ3/2019 financials with revenue below consensus estimates and significant operating losses from its recent acquisition of 21st Century Fox. [more]
Jack Ma is leading the charge in the alternative lending industry with his own online bank, which has provided US$290B to 16M small enterprises over four years in China. [more]
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