investment

Cryptocurrency whales, who own millions of dollars in Bitcoin (CRYPTO: BTC), have the power to move markets. Their activities also influence the price performance of Bitcoin. On Saturday, Twitter user @Capital15C shared data about an account on the Bitcoin network that invests around $1,000,000 in...

Mexico’s third-richest man and a strong bitcoin advocate, Ricardo Salinas Pliego has said that Bitcoin is a good place to be investment-wise.  During a recent conference, he said that the majority of his liquid portfolio is in Bitcoin (CRYPTO: BTC).  He also mentioned that he...

Last week, movie theater chain AMC Entertainment Holdings Inc (NYSE: AMC) purchased a major stake in Hycroft Mining Holding Corp (NASDAQ: HYMC).  AMC spent $27.9 million in cash for the deal and received roughly 23.4 million shares in the company.  Now, two weeks following the...

Cansativa Group has closed a $15 million Series B investment round. The funding round was led by Casa Verde with participation by Argonautic Ventures and Munich-based family office Alluti, and it represents Casa Verde's largest investment in Germany and in Europe to date. Cansativa Group has...

Ark Invest founder Cathie Wood’s flagship ARK Innovation ETF(ARCA: ARKK) has seen a significant decline over the last week, dropping back to a level last seen in mid-2020. The fund is currently down by more than 15%.  The holdings of the ARK Innovation ETF are down...

Ascend Wellness Holdings, Inc. (CSE:AAWH.U) (OTCQX: AAWH) has filed a lawsuit in the Commercial Division of New York's Supreme Court against MedMen NY, Inc. and MM Enterprises USA, LLC (CSE:MMEN) (OTCQX: MMNFF) in which AWH is seeking an order compelling the specific...

Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH) announced Monday that MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) has materially breached the previously announced definitive investment agreement between AWH, MedMen NY, Inc., MM Enterprises USA, LLC, and AWH New York, LLC. The move...

Almost a year after announcing its plans to invest $73 million in MedMen Enterprises Inc.‘s (CSE: MMEN) (OTCQX: MMNFF) subsidiary in New York, the vertically integrated cannabis Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH) received the final New York state approval. The company...

Everest Transportation Services has all the main ingredients for producing a disruptive freight brokerage.  In 2015, founders Jake Elperin, Lev Krasnopolskiy, and Philip Weber pulled on their combined decades of experience from Echo Global Logistics, Optimal Freight, and Custom Companies to...

With last week’s strong U.S. jobs data and expected high levels of consumer and producer prices, bond yields have risen to their highest in more than three weeks. The Consumer Price Index for all items less food and energy rose 4.3% over the last 12 months, which was relatively in line with...

CBD producer Brains Bioceutical Corp. has raised $31.9 million through an investment round. DSM Venturing, the corporate venture arm of Royal DSM, a company focused on health, nutrition, and sustainable living, was a lead investor. Del Morgan & Co. acted as Brains’...

On Wednesday morning, Austin, Texas-based freight brokerage Arrive Logistics announced that ATL Partners, a New York City-based private equity firm focused on aerospace, transportation and logistics, led a funding round of more than $300 million to become Arrive's largest minority owner. ATL...

Curaleaf Holdings, Inc. (CSE:CURA) (OTCQX: CURLF) has purchased EMMAC Life Sciences The Wakefield, Massachusetts-based company said Wednesday it has completed the previously announced acquisition of one of the largest cannabis companies in Europe. Transaction Details: Under the deal, Curaleaf...

Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) has backed up a California-based cannabis company LPF JV, LLC with $5 million. The Oakland, California-based cannabis company completed a strategic investment in Loudpack via a 15% secured convertible note that's due December 2022. In return,...

Cannabis consumer packaged goods company Green Thumb Industries Inc. (OTCQX: GTBIF) is getting yet another tranche of financing. After raising some $100 million by selling 3.1 million shares at $32.03 per share earlier this month, the Chicago-based company secured an additional $56 million in...