Newsletter
Netflix is going after users that share their accounts
It seems like the fun is over for people who have been watching Netflix Inc. (NASDAQ: NFLX) for years with a borrowed account as the company plans to crack down on password sharing. It seems Netflix was aware of what was going on and now it's time to put an …
Neptune Wellness will commercialize PanHash in Quebec
Neptune Wellness Solutions Inc. (NASDAQ: NEPT) announced that it has signed a letter of intent with Societe Quebecoise du Cannabis (SQDC) to sell its new cannabis brand PanHash ™. SQDC is the only legal recreational cannabis retailer in Quebec. Michael …
First Majestic Silver takes over gold mine in Nevada
First Majestic Silver (TSX: FR) (NYSE: AG) is acquiring the Jerritt Canyon gold mine in Elko County, Nevada from Sprott Mining for $ 470 million in shares and five million share purchase warrants. As part of the deal, Sprott Mining President Eric Sprott will …
The Chinese communists are likely to go after Alibaba
Chinese President Xi Jinping has cracked down on Alibaba, which happens to be the most successful company in China. The government wants to focus on stepping up its anti-monopoly efforts so that it can stem the disorderly capital expansion among the top …
Hexo launches new CBD beverages in Colorado
Hexo Corp (NYSE: HEXO) posted revenues of $ 32.8 million in the 2nd quarter of 2021, up 94% year over year. The company had sales of $ 3.2 million in UP cannabis for the quarter. Sebastien St-Louis, Hexo CEO, said the company launched CBD beverages powered by …
Lingling Technologies will be launching new EV soon
China's Geely will launch high-end cars under the - Zeekr brand to compete with established EV player Tesla Inc (NASDAQ: TSLA). Volvo (OTCMKTS: VLVLY) owner Geely will produce the new line of electric vehicles in a JV called Lingling Technologies. Geely also …
Colombia will continue to subsidize its coal industry for decades
The world's fifth largest coal exporter, Colombia, is confident that continued demand for coal in Asia will warrant the Colombian government's support for the industry for at least two more decades, even after Glencore said it would give up its mining …
Israeli producer of meat substitute goes live on Nasdaq
Israeli cultured meat company MeaTech 3D Ltd. (Nasdaq: MITC; TASE: MITC) has set the price for its initial public offering on Nasdaq and raises $ 22 million. The amount will rise to $ 25.4 million if the underwriter exercises his options. MeaTech is offering …
A quarter of Parkinson patients in the US are using cannabis
Almost 25% of patients with Parkinson's disease reported in a survey by the Parkinson's Foundation that they had used cannabis in the past six months. A report on the survey, "Weeding through the haze: A survey on cannabis use among people living with …
Uber invests in Robotics company
Uber Technologies Inc (NYSE: UBER) is channeling its efforts and resources into a deal to outsource Postmates' delivery robot operations. The company aims to create a separate startup that will help increase its profits. Uber confirms that it will lead efforts …