
Canada Cannabis Catastrophe – Ontario Loses $42 million in First Year of Legal Pot Sales
Ontario only managed to generate C$19 million in tax revenue compared with Colorado’s US$250 million [more]
Ontario only managed to generate C$19 million in tax revenue compared with Colorado’s US$250 million [more]
Bill would reclassify some contractors as employees targeting companies such as Uber & Lyft [more]
The attorney generals of all 50 U.S. states and territories announced antitrust investigations of Alphabet, Google’s parent company, Could Google face the same fate that happened to AT&T in 1984? [more]
Mastercard, a multinational financial service corporation, announced that it will acquire Denmark-based Nets Group, a payments platform that will be leveraged to support faster Business-to-Business (B2B) payments. [more]
Colorado reported US$1.5 billion in retail cannabis sales in 2018, compared with Canada which had only C$85.6 million of sales in May, annualized would equate to C$1.0 billion, for a population of 37.1 million – 6 times the size of Colorado! [more]
On August 15, 2019, NVIDIA reported earnings for FQ2/2020, as the Company’s stock price has declined by more than 45% from its high in October 2018. [more]
On August 14, 2019, Canopy reported FQ1/2020 earnings, the first earnings report after the Company’s board terminated Bruce Linton, the previous CEO of the Company. [more]
Large tech giants can’t ignore the amount of capital flowing into the blockchain industry anymore. According to Grand View Research, the blockchain industry’s market value is expected to grow at a CAGR of 69.4% from US$34 billion in 2019 to US$57 billion by 2025. [more]
The U.S. Federal government realized that new federal legislation was needed since the number of states with cannabis regulations in the past 5 years has grown from 8 legalized states in 2000 to more 30 states in 2019. [more]
E-scooter companies Neutron Holdings, Inc, which operates under the name Lime, and Bird Rides, Inc., were each valued at over US$2 billion during their latest financing rounds. [more]
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