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Mexico's Cannabis Legalization Bill Will Boost Business, But There Are Concerns
2020 Nov 23, 10:32am | 615Read More...Mexican Senators approved a historic adult use cannabis legalization bill on Nov. 19, with an 82 to 18 vote. This doesn't legalize adult use just yet, but Mexico appears well on its way to becoming the third nation to do so and potentially the largest legal marijuana market in the world....
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Facebook Prepares To Cozy Up To The Biden Administration: FT
2020 Nov 23, 6:53am | 546Read More...Facebook, Inc (NASDAQ: FB) is looking to warm up to the incoming Biden administration in a bid to fend the threat of heavy regulations or a break-up during President-elect Joe Biden's term in office, the Financial Times reports. What Happened: The Mark Zuckerberg-led social...
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Apple Is Trying To 'Water Down' Bill Against Forced Labor In China: Washington Post
2020 Nov 21, 1:26pm | 516Read More...Apple Inc (NASDAQ: AAPL) is trying to limit the impact of a bill aimed at fighting child labor in China, according to a Washington Post report. What Happened: The lobbying firm Fierce Government Relations hired by the tech giant has had meetings with government representatives...
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Social Equity Measures Are Crucial On Day One Of Legalization, Cannabis Advocates Say
2020 Nov 20, 1:07pm | 914Read More...While the cannabis industry celebrated five states passing reform initiatives on Election Day, advocates noticed that the bills lacked key parameters to address social equity. In New Jersey, legislators sought to quickly pass adult use legislation after voters approved the ballot question. But...
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A Right-Leaning Supreme Court Won't Impede Cannabis Reform, Legal Experts Say
2020 Nov 20, 12:23pm | 686Read More...Justice Amy Coney Barrett's Oct. 27 confirmation to the Supreme Court may feel like ages ago after a historic election season complicated by President Trump's attempts to reverse the results. Under a month into the role, Justice Barrett stands poised to weigh in on a myriad of pressing...
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Markets On The Fence: Vaccine Optimism Vs. Worries About Virus, Stimulus, Fed Lending
2020 Nov 20, 10:16am | 1647Read More...Investors this morning seem to be continuing to weigh competing forces. On the one hand, surging coronavirus cases and related state restrictions to curb the virus’s spread seem to be weighing on sentiment, exacerbated by news that California has banned nonessential work and gatherings...
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Friday's Market Minute: Treasury And The Fed Are At An Unnecessary Impasse
2020 Nov 20, 9:56am | 425Read More...Equity markets are set to open down on news that the Fed's corporate credit, municipal lending, and Main Street Lending Program will not be renewed by Treasury Secretary Mnuchin. Despite Fed Chair Powell's desire for them to remain in place, Treasury has declined to extend several emergency...
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Zuber Lawler Sits Down With Akerna CEO To Discuss Cannabis Reform Initiatives
2020 Nov 20, 9:24am | 811Read More...This special presentation from Zuber Lawler comes from Benzinga’s Virtual Cannabis Capital Conference that took place on October 15. Click here for more coverage of this event with presentations from some of the top CEOs, investors and lenders in the cannabis space. Zuber Lawler is a legal...
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Facebook Faces The Ax In Billion-Dollar Market Vietnam: Report
2020 Nov 20, 12:46am | 420Read More...Facebook Inc’s (NASDAQ: FB) operations in Vietnam face a shut down unless the social networking company complies with enhanced censorship requirements, Reuters reported Thursday. What Happened: An official of the Mark Zuckerberg-led company said the Vietnamese government told the...
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This Is How Much Prediction Markets Made On Presidential Election
2020 Nov 19, 12:30pm | 531Read More...The 2020 US Presidential election has acted as a Super Bowl for prediction markets. Will Donald Trump be inaugurated for his second term as President of the US on Inauguration Day, Jan. 20, 2021? Or Will Donald Trump formally concede the 2020 US election before Dec. 1, 2020? These are just...
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Lowe's, Target Earnings Looks Solid, But Shares Go Different Directions In Early Trading
2020 Nov 18, 10:39am | 2563Read More...Retail week keeps rolling along with a mixed shopping cart of earnings this morning. Despite that, stocks look ready to resume their rally thanks in part to more optimism surrounding vaccines and finally some good news for the country’s biggest airplane builder. Target Corporation (NYSE...
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Wednesday's Market Minute: Wall Street Buys A Ticket To The Bitcoin Lotto
2020 Nov 18, 10:15am | 504Read More...There are two unique things about this rally in bitcoin. The first is that it’s happening without much retail excitement. The second is that it’s happening almost entirely on its own – unaccompanied by stocks, gold, or other cryptocurrencies. That’s particularly interesting...
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Facebook, Twitter CEOs Defend Their Election Actions To The Senate
2020 Nov 18, 3:06am | 495Read More...Facebook, Inc (NASDAQ: FB) CEO Mark Zuckerberg and Twitter Inc (NYSE: TWTR) CEO Jack Dorsey appeared before the Senate in a virtual meeting to defend their actions surrounding the 2020 presidential election on Tuesday. Senators grilled the social media honchos on questions...
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'Newsmax Would Never Become Trump TV,' CEO Says
2020 Nov 16, 7:15am | 524Read More...In an interview with Variety, conservative news portal Newsmax Media Inc’s CEO Christopher Rudy said that Newsmax is not actively looking to sell itself. A Wall Street Journal report claimed that private equity firm, Hicks Equity Partners, was planning to acquire Newsmax...
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Social Media Platform Parler Gets Funding From Rebekah Mercer, Gains Momentum From Conservatives: WSJ
2020 Nov 15, 1:28pm | 373Read More...Parler has received major backing from Rebekah Mercer, daughter of hedge fund manager Robert Mercer, the Wall Street Journal has reported. What Happened: John Matze, Parler’s founder, confirmed Rebekah Mercer is the lead investor, according to WSJ. The Mercers are...
