Blue Mountain Capital

Coffee is one of the most traded commodities in the world, with massive global consumption rates and rising demands for luxury coffee exports. But with it comes rising prices. And in the next few years, coffee commodity prices are expected to double again. At the center of this price surge is...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1942, Japan firebombed Oregon. Where The Market Was: The Dow Jones Industrial Average traded at around 107 and the S&P 500 traded at around 9. What Else Was...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Last summer, big players in cannabis agriculture, like the Canadian conglomerate Aphria Inc. (NASDAQ: APHA), couldn’t take the...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Coffee, like homebrew and sourdough bread, proved to be an essential commodity—in fact, an essential luxury—in 2020. As...

Another snowstorm is about to slam the Pacific Northwest (PNW) after Mother Nature finally decided to give the region a break for the past week or so. The PNW has been battered by rounds of heavy snow, flooding rain and fierce winds since the beginning of 2020, which led to accidents, road...

Business, finance and policy leaders from around the globe convened this week in Chicago for the Benzinga Cannabis Capital Conference to hear from the main voices in the space, from Bruce Linton, executive chairman of Gage Cannabis, and Jessica Billingsley, CEO of Akerna Corp (NASDAQ: KERN),...

Chart of the Week: U.S. Customs Import Shipments – Retail, Freightos Baltic Exchange Rate Index – China to North American West Coast SONAR: CSTM.RETL, FBXD.CNAW The U.S. trade war with China has disrupted supply chains across the world by creating layers of uncertainty around how companies will...

Insider buying can be an encouraging signal for potential investors. The new earnings season has closed buy windows for many insiders. One insider kept up a recent streak of purchases. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason —...

This week marked one year since the rollout of the adult-use cannabis program in Canada, and America’s hat celebrated by adding edibles, beverages and vapes to the list of approved products. Legally accredited cannabis producers in the country sold about $1.1 billion of legal weed during the...

In yet another week packed with cannabis news, we saw Aleafia Health Inc. (OTC: ALEAF) terminate a cannabis supply agreement with Aphria (NYSE: APHA) subsidiary Emblem Corp. after it said the latter failed to provide Aleafia with the equivalent of 175,000 kg in cannabis products. Aphria said...

Insider buying can be an encouraging signal for potential investors. An unloved yieldco saw a beneficial owner make a big buy. A couple of companies saw insiders returning to increase their stakes. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one...

Class 8 truck orders posted their worst month since July 2016, according to ACT Research, barely topping 10,000 units in May. Class 5-7 medium-duty orders followed suit, dropping 21 percent year-over-year in the month, according to preliminary data. Final numbers will be reported by ACT in mid-...

Despite pleas from shareholders and weeks of speculation by Wall Street analysts, PG&E Corporation (NYSE: PCG) followed through with its pledge to file for Chapter 11 bankruptcy. Earlier this month, PG&E indicated it was facing roughly $30 billion in wildfire liability and was preparing a...