Newsletter
Faraday Future plans 3.4bn IPO
Electric vehicle company Faraday Future announced Thursday that it will go public through a merger with Property Solutions Acquisition Corp, a special-purchase acquisition company (SPAC). The transaction, backed by a private investment of $ 775 million, is …
Cannabis exports from Canada increase by 300%
While licensed producers grapple with an illegal domestic market that is still thriving, Canadian cannabis companies are taking advantage of the first-mover advantage overseas, increasing their exports by over 300 percent in the past year, according to data …
Less crime regarding crypto currencies
Crimes targeting the cryptocurrency sector fell by more than half in 2020, according to blockchain security firm CipherTrace. Largely due to improved security systems, CipherTrace, a cryptocurrency crime and anti-money laundering report, found that losses from …
Aphria increases activities in Germany
The soon to merge Canadian mega-producers Tilray Inc. (Nasdaq: TLRY) and Aphria Inc. (TSX: APHA) - expand their international activities to France and add brands in Germany. On Tuesday, British Columbia-based Tilray said it was selected by the French National …
World gold production to increase strongly in 2021
After falling in 2019, global gold production was impacted by the Covid-19 pandemic in 2020, while the suspension of expansion work and the shrinking of mines that were about to close also exacerbated the decline. According to UK analyst GlobalData, total …
Ford will recall up to 3m vehicles
Ford Motor Co. (NYSE: F) has announced that it will recall approximately 3 million vehicles in the US and Canada for $ 610 million because of an airbag inflator problem that has been linked to 18 deaths in the US has been. The recall affects the 2006-2012 …
Tilray turns first medical cannabis provider in Portugal
Tilray, Inc. (NASDAQ: TLRY), a global pioneer in cannabis research, cultivation, production and distribution, today announced that it has received the necessary approvals and marketing authorization under Portuguese law to sell Tilray medical cannabis products …
Clubhouse Media is the next Reddit target
Have you lived under a rock in the past two weeks? If not, then you have certainly been inundated with news telling of emerging retail investors who are suddenly becoming an unstoppable force in the stock market. Hedge fund portfolio managers everywhere are …
The latest oil boom targets the north of Latin America
The small South American countries of Guyana and Suriname are at the center of the recent oil boom in Latin America. A series of oil discoveries that ExxonMobil has made in its Stabroek block off the coast of Guyana since 2015, where the global energy giant …
Johnson & Johnson will public vaccine study in the coming week
Johnson & Johnson (NYSE: JNJ) will announce key clinical results from the vaccine against the coronavirus in the week beginning February 1, 2021. The company expects to make 100 million doses of the vaccine available to the US population if the results are …