After its public listing last October, shares in Canbud appear poised to move higher as it executes on its three-pronged business model: 1) Hemp for cannabinoids (CBD) production, (2) Mushrooms for both psychedelic pharmaceuticals and non-psychedelic nutraceuticals, and (3) Plant-based products. [more]
The video game and esports industry is experiencing high growth as multiple companies list publicly and raise capital. In addition, the number of users playing video games has surged as consumers stayed home due to the COVID-19 lockdowns. [more]
The EV market is experiencing high activity as more EV-focused companies list publicly, expand product offerings, and create partnerships. However, EV sales growth has significantly declined in the past year. [more]
The S&P/TSX Composite Index has reached an important point at its current level. Right now, we have the forming of a possible Double Top around 18,000. A break-down from here could possibly lead to many months before the Index challenged the 18,000 level again. [more]
Cryptocurrencies have regained market interest as Bitcoin reached an all-time-high price of $41,940 per BTC at the beginning of this year. As digital currencies experience stronger adoption, more capital is flowing into investments related to crypto. [more]
Last week, Fandom Sports Media announced plans to undertake the development of Non-Fungible Tokens (“NFTs”) to reward esports fans on its All-Age Prediction Platform. [more]
The cannabis industry recently saw heightened activity as the United States moved closer towards federal regulation while several M&A deals were announced. In addition, the cannabis edibles market sharply increased as more consumers tried edibles for the first time. [more]
Last month, Real Luck Group, the parent company of LuckBox, an eSports betting platform, listed publicly and opened at C$0.80 per share. Global eSports betting market forecasted to reach $18B by 2026. [more]
Upstart Holdings, an AI-driven lending platform, launched its IPO at $20.00 per share on the NASDAQ at an approximate valuation of $1.5B. On the first day of trading, Upstart’s stock increased by 47% from the IPO price to $29.47 per share. [more]
Last month, Hyundai Motor Group, a South Korean multinational conglomerate, announced an agreement to acquire a controlling interest in Boston Dynamics from SoftBank. [more]
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