Recently, the psychedelic market garnered the attention of investors as the industry was catalyzed by IPOs from MindMed Medicine and Champignon Brands with both companies quickly reaching market caps of over $100M due to significant demand in this new space. [more]
In this past week’s PGC Conference, a key topic of discussion was the changing trends in the gaming industry, with speakers and keynote presentations from companies including Doppio Games, Gameloft, Headup, and Netmarble. [more]
In this past week’s PGC Conference, multiple panels and keynote speakers discussed the state of the gaming industry’s M&A and funding environment considering the COVID-19 pandemic, including speakers from companies such as Agnitio Capital, CVCapital, Execution Labs, Fundamentally Games, NCSoft, Stillfront Group, and Transcend Fund. [more]
At the PGC Conference, the topic of COVID-19 and its effects on the gaming industry was brought up numerous times, as the industry experienced a surge in user activity and engagement due to consumers staying isolated at home with more free time. [more]
This week, Eric Bernofsky, COO of Enthusiast Gaming, presented a session called “Navigating the Current eSports Environment” at the 2020 PocketGamer Connects Digital #2 conference. [more]
As the COVID-19 pandemic continues, technology companies focused on platforms for communication and data management experienced a surge in demand as businesses announced a full shift in operations to remote environments. [more]
Recent news on the micro-mobility industry: Uber sells bike & scooter business to Lime; Lime lays off most Canadian employees; Gotcha experiences increase in demand and launches Gotcha TO GO service, an alternative in food delivery. [more]
Canopy Growth, the largest cannabis company in the world based on market cap, reported full year earnings for F2020, with a 73% increase in revenue year-over-year, however, its bottom line reached over C$1 billion in losses due to restructuring initiatives, costing upwards of C$700 million. [more]
Zynga, an American game developer best known for its Facebook game Farmville, acquires Peak Games with 100 game developers, puzzle makers and a game portfolio that includes Toon Blast and Toy Blast. [more]
This week, major Canadian banks reported Q2/2020 earnings, with banks such as TD, who have a strong focus on consumer and commercial banking, impacted the most by the pandemic. Nevertheless, most Canadian banks are struggling to maintain bottom lines as PCL on loans were significantly increased to prepare for uncertainties in the economy. [more]
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