Rafina Innovations (OTC:VICA) Stock, Quote.Headers.trade-ideas

Rafina Innovations Inc through its subsidiaries is involved in the development of monitoring technologies, set up of rehabilitation centers, development of intellectual property related to everyday fields such as healthcare, sports, automotive and gaming as well as the creation of full-service Prosthetics and Orthotics and Diabetic foot clinics chain in Europe and the Middle East. The firm's main products include Flexisense technology and Rehabilitation clinics etc. It has Clinics and Technology operating segments and derives a majority of its revenues from Clinics segment.

News

Movers & Shakers

Intraday Update

Markets

Movers

Trading Ideas

General

ABML

AGHC

AITX

AMCF

AMHPF

AMLH

AMMJ

ARDS

AVLP

BERK

BONTQ

BOSQF

BSPM

BYDDF

CAMP

CGOTF

CNNXF

CYCA

DLOC

DXBRF

ECDP

EKSO

ELIO

ELLXF

EMBI

FERL

FNCTF

FPAFY

FWDG

FZMD

GCFB

GLGLF

GLRI

GNBT

GRPN

GTII

HBGRF

HBSI

HMLN

HMPQ

IGXT

IMEXF

INSYQ

IPICQ

KGET

KGRSY

KMPH

KUKAF

LATF

MAGS

MGXMF

MMJJF

NABIF

NEWA

NIMU

NSANF

NSANY

NVFY

OECCF

OGDCF

OTLK

PBMRY

PRSEY

PSRU

PTOTF

REFG

RIGH

SBFM

SCIL

SCOO

SELR

SFET

SGLRF

SMBMF

SPHS

STTH

SVBL

SYZLF

TCHC

TGRO

VCSY

VICA

VLRX

WRLD

YTRA

LCTX

Stocks That Hit 52-Week Lows On Monday

ACNNF

AESE

AFTM

ASCENDANT RES INC ORD by Ascendant Resources Inc.

ASDRF

ASHXF

ARTEMIS THERAPEUTICS INC by Artemis Therapeutics, Inc.

ATMS

BSAC

BWLVF

CADMF

CAMZF

CAPR

CFWFF

CHLKF

CLPHY

CLXT

CRLI

CRPOF

CTRA

DIDAY

DRRSF

ENDV

ETST

EVAHF

EXTN

FAVO

FLOOF

GOTRF

GWEFF

ICOA

IDRA

IMMR

INCAF

INDXF

INPX

IRBT

ISRJF

LKSD

LORL

MAYNF

MMJFF

MMNFF

MRTMF

MTFBF

NAII

NKRKF

NRGMF

NSCO

NTGN

NWKFF

OSTK

OWCP

PHVAF

PREA

RAIL

RASFQ

RCKHF

RDWD

RITE

SARSF

SNNAF

SPLIF

SRAX

SRCAF

SYAAF

TIGR

TTMZF

UVSE

TPHS

BMIN

RAIO

AXPWQ

Stocks That Hit 52-Week Lows On Friday

RAFINA INNOVATIONS INC by Rafina Innovations Inc.

Rafina Innovations Inc

VICAPSYS LIFE SCIENCES by Vicapsys Life Sciences, Inc.

Vicapsys Life Sciences Inc

Vicarious Surgical Inc. Class A Common Stock

Vicarious Surgical Inc

Vicarious Surgical Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share

SA DES CIMENTS VICAT by Sa des Ciments Vicat

Vicat SA

Three of the leading U.S. banks have reported significant data breaches, compromising the personal and account information of hundreds of their customers.
What Happened: The banks that have fallen prey to these security breaches include Citizens Bank, Truist Bank, and First National Bank. The banks have informed their customers and the relevant authorities about these incidents.
In a <a href="https://ago.vermont.gov/sites/ago/files/documents/2024-09-26%20Citizens%20Bank%20Data%20Breach%20Notice%20to%20Consumers.pdf">disclosure</a> to the Office of the Vermont Attorney General, Citizens Bank revealed that it was hit by a data breach in the first half of 2024, impacting around 100 customers. The compromised data includes names, account numbers, social security numbers, and other personal details.
Truist Bank <a href="https://oag.ca.gov/system/files/TruistBank.NoticeLetter.pdf">reported</a> a security incident to the Office of the Attorney General of California, involving a third-party debt collection agency.
The bank stated that the nature of the compromised data varied by customer, potentially including names, addresses, account numbers, dates of birth, and social security numbers.
Meanwhile, First National Bank <a href="https://www.maine.gov/agviewer/content/ag/985235c7-cb95-4be2-8792-a1252b4f8318/90f12ac4-f655-4029-9dd8-a5dc15f23231.html">disclosed</a> that 107 customers had their account information exposed due to physical card skimming devices installed on two of its ATMs.
Also Read: <a href="https://www.benzinga.com/news/earnings/24/10/41293190/us-banks-top-q3-earnings-estimates-jpmorgan-delivers-robust-beat-financial-sector-stocks-hit-record">US Banks Top Q3 Earnings Estimates: JPMorgan Delivers &#8216;Robust Beat,&#8217; Financial Sector Stocks Hit Record Highs</a>
The stolen data included names, card numbers, card expiration dates, PINs, and card verification value (CVV) numbers. The bank confirmed that some customers have already experienced fraudulent withdrawals, which are being reimbursed.
Why It Matters: The recent data breaches at these major banks underscore the growing threat of cybercrime in the banking sector. The compromised data can potentially be used for identity theft, fraudulent transactions, and other cybercrimes, putting the financial security of the affected customers at risk.
These incidents also highlight the need for stronger cybersecurity measures and protocols within the banking industry to protect customer data and maintain trust in the banking system.
Read Next
<a href="https://www.benzinga.com/news/23/11/35740187/us-banks-are-struggling-with-650-billion-in-unrealized-losses-on-bond-holdings-heres-how-they-can-ge">US Banks Are Struggling With $650 Billion In Unrealized Losses On Bond Holdings — Here&#8217;s How They Can Get Out</a>
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Major Banks Suffer Data Breaches: How Safe Is Your Information?

Massachusetts cannabis regulators have fined two prominent companies, Ascend Wellness Holdings (CSE:<a class="ticker" href="https://www.benzinga.com/stock/AAWH#CSE">AAWH</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AAWH#OTC">AAWH</a>) and Curaleaf Holdings (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CURA#TSX">CURA</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CURLF#OTC">CURLF</a>), for violations related to consumer safety practices. The fines, totaling $165,000, were issued after both companies self-reported the incidents, <a href="https://www.bostonglobe.com/2024/10/10/business/curaleaf-ascend-cannabis-fines-massachusetts/?event=event12">according to</a> The Boston Globe.
<ul>
<li>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter&nbsp;<a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. You can&#8217;t afford to miss out if you're serious about the business.</li>
</ul>
<h3 class="wp-block-heading">Ascend Wellness Faces Track-and-Trace Compliance Issues</h3>
Ascend Wellness, which operates three dispensaries in the state, was fined $85,000 for failing to properly comply with <a href="https://www.benzinga.com/topic/massachusetts-cannabis">Massachusetts&#8217;</a> track-and-trace system. Regulators were unable to verify the delivery of nearly 900<a href="https://www.benzinga.com/cannabis"> cannabis products </a>due to discrepancies in Ascend&#8217;s tracking processes. 
The state's Cannabis Control Commission (CCC) deemed the violations significant, but Ascend's president and co-founder, Frank Perullo, reassured that the company has implemented corrective measures. &#8220;Ascend is fully committed to adhering to the regulations set forth by the CCC and places great importance on compliance,&#8221; Perullo said in a statement. &#8220;We have already implemented most of the necessary actions and remain dedicated to restoring trust.&#8221;
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/10/41282624/major-cannabis-merger-approved-in-new-york-can-weed-stock-investors-take-advantage">Major Cannabis Merger Approved In New York: Can Weed Stock Investors Take Advantage?</a>
<h3 class="wp-block-heading">Curaleaf Placed On Probation After Contamination Issues</h3>
Curaleaf, another major player in the Massachusetts <a href="https://www.benzinga.com/cannabis">cannabis industry</a>, was fined $80,000 for not adhering to best practices in preventing contamination at its cultivation sites in Amesbury and Webster. Violations, dating back to 2021, included facility maintenance issues such as unsecured doors and gaps in ducts. 
The CCC placed Curaleaf on a six-month probation, during which the company must report any pesticide detection and could be subject to third-party testing to ensure compliance. 
In response, Curaleaf expressed its dedication to customer safety. &#8220;The health and safety of our patients and customers remains our number one priority,&#8221; the company said, adding that they have made necessary changes to prevent future issues.
Both companies have committed to improving their operations and working closely with regulators to ensure compliance moving forward.
Read Also:<a href="https://www.benzinga.com/markets/cannabis/24/10/41255544/buy-a-t-shirt-get-busted-loophole-in-minnesota-cannabis-market-could-cost-retail-operators-a-5-y"> Buy A T-shirt, Get Busted: Loophole In Minnesota Cannabis Market Could Cost Retail Operators A 5-Year Ban</a>

Cannabis

Government

Regulations

Legal

AAWH

CSE:AAWH

CURALEAF HLDGS INC by Curaleaf Hldgs Inc.

CURLF

TSX:CURA

Massachusetts Slaps Big Cannabis With $165K Fines For Safety Failures

The U.S. retail industry is set to face another blow with a predicted drop in Halloween spending, adding to the woes of debt-laden retailers grappling with increased overheads and a consumer shift towards cheaper products.
What Happened: As per a recent report <a href="https://www.bloomberg.com/news/articles/2024-10-12/halloween-is-crunch-time-for-troubled-retailers?srnd=homepage-americas&amp;sref=TBDibEcD">by</a> Bloomberg, the National Retail Federation anticipates a 5% decrease in US Halloween expenditure, amounting to $11.6 billion this year.
The most significant decline is expected in the sales of greeting cards and costumes, which could hit merchants relying on seasonal spending in an already tough year for the retail sector.
Higher unemployment rates and persistent inflation have particularly impacted lower-income households. During a recent earnings call, Michaels Cos. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIK#NASDAQ">MIK</a>) pointed out that households with earnings below $100,000 are tightening their belts, resulting in smaller shopping baskets.
Also Read: <a href="https://www.benzinga.com/news/24/06/39447544/impending-recession-us-consumer-spending-shows-worrying-signs">Impending Recession? US Consumer Spending Shows Worrying Signs</a>
Several struggling companies, including Michaels and At Home Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOME#NYSE">HOME</a>), are under the ownership of private equity managers. These firms are facing difficulties due to poorly timed buyouts during the pandemic, which coincided with surging interest rates and inflation that strained household budgets.
Despite the hurdles, both Michaels and At Home remain hopeful about securing a larger portion of holiday spending. However, the overall spending cutback is posing challenges for the wider industry, leading to a series of high-profile bankruptcies this year.
Why It Matters: The predicted decrease in Halloween spending is a reflection of the ongoing economic challenges faced by US households. 
The retail sector, already hit hard by the pandemic, is now grappling with reduced consumer spending due to inflation and high unemployment rates. This scenario is particularly concerning for firms owned by private equity managers, who are already struggling with the repercussions of ill-timed buyouts during the pandemic. 
The situation underscores the need for strategic planning and innovative solutions to navigate the current economic landscape.
Read Next
<a href="https://www.benzinga.com/news/24/08/40431394/brighter-outlook-goldman-sachs-optimistic-on-u-s-economy-cuts-recession-risk-down-to-20">Brighter Outlook: Goldman Sachs Optimistic On U.S. Economy, Cuts Recession Risk Down To 20%</a>
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Economics

HOME

Struggling Retailers Brace For Halloween Consumer Spending Slump

Robert Kiyosaki, renowned investor and author, has expressed concerns over a potential stock market crash and highlighted the importance of <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40431598/rich-dad-poor-dad-author-robert-kiyosaki-urges-shift-to-bitcoin-amid-economic-uncertainty-">investing in gold, silver, and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).</a>
What Happened: On Saturday, Kiyosaki took to X to share his views on the current state of the market. He noted that the price of gold has reached an all-time high, indicating that investors are becoming more pessimistic and shifting their investments to defensive assets. &#8220;So higher gold prices are not necessarily a good sign,&#8221; he said in the post.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The price of gold has hit all time highs. Since 2000 the people who invested in gold have done very well. I am one of those investors. I own physical gold…. No paper gold ETFs. Unfortunately higher gold prices generally means investors are becoming pessimistic. Many…
&mdash; Robert Kiyosaki (@theRealKiyosaki) <a href="https://twitter.com/theRealKiyosaki/status/1845009105997660599?ref_src=twsrc%5Etfw">October 12, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He further warned of a looming stock market crash, stating, &#8220;If a major stock market crash occurs… Which I am expecting… Because the stock market has been high for too many years… This is not good news for people who do NOT own gold, silver, and Bitcoin.&#8221;
Also Read: <a href="https://www.benzinga.com/news/24/09/40869188/robert-kiyosaki-rings-alarm-bells-over-soaring-us-debt-the-dollar-is-trash">Robert Kiyosaki Rings Alarm Bells Over Soaring US Debt: &#8216;The Dollar Is Trash&#8217;</a>
Why It Matters: Kiyosaki&#8217;s comments come at a time when the stock market has been experiencing a prolonged bull run. He emphasized that those who have not invested in the bull market should learn from their inaction. 
&#8220;When this market crashes…and you have nothing because you did nothing…I would do what smart investors will be doing….Which is to take my time… study…join an investment club….watch for bargains….and start buying assets at low prices…carefully,&#8221; he advised.
He concluded his thread by encouraging potential investors to be patient, join investment clubs, avoid greed, identify bargains, and strive to become richer. &#8220;The lesson is: &#8216;smart investors get rich….regardless if markets are going up or down.'&#8221;
Read Next
<a href="https://www.benzinga.com/news/24/08/40147003/rich-dad-poor-dad-author-robert-kiyosaki-sees-wealth-accumulation-in-market-declines-markets-are-cra" target="_blank" rel="noreferrer noopener">‘Rich Dad Poor Dad&#8217; Author Robert Kiyosaki Sees Wealth Accumulation In Market Declines: ‘Markets Are Crashing, Great News, This Is Your Turn To Get Richer&#8217;</a>
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

$BTC

Robert Kiyosaki Predicts Stock Market Crash, Says Invest In Gold, Silver, And Bitcoin

Cannabis legalization continues to gain momentum across the U.S., with states like Minnesota, Delaware and Ohio embracing <a href="https://www.benzinga.com/markets/cannabis/24/08/40403847/delaware-opens-application-process-for-legal-weed-businesses-ahead-of-schedule">recreational</a> in 2023 and 2024, while Florida prepares <a href="https://www.benzinga.com/markets/cannabis/24/08/40418144/florida-cannabis-legalization-one-poll-shows-weed-going-legal-in-november-ballot-another-thumbs-">to vote</a> on a similar measure in November.
Despite widespread public support and state-level reforms, the Senate remains a major roadblock for federal cannabis legalization. 
As 34 Senate seats are up for grabs in the 2024 election, the outcome could significantly affect cannabis reform in the U.S. Senate.
<h3 class="wp-block-heading">The Senate: A Major Roadblock For Cannabis Legalization</h3>
The Senate has long posed a challenge to cannabis reform efforts, despite growing public support. For example, the Marijuana Opportunity, Reinvestment, and Expungement (<a href="https://www.benzinga.com/markets/cannabis/22/04/26428239/us-house-approves-bill-to-end-federal-cannabis-prohibition-more-act-what-does-this-mean">MORE</a>) Act, which aimed to decriminalize cannabis at the federal level and expunge certain cannabis-related convictions, passed the House in both 2020 and 2022 but stalled in the Senate. The bill <a href="https://www.benzinga.com/markets/cannabis/22/04/26566924/senators-rick-scott-james-lankford-and-ted-cruz-openly-against-federal-cannabis-legalization-her">faced opposition</a> largely due to the Senate's filibuster rule, which requires 60 votes to advance most legislation​.
Other cannabis-related bills, such as the <a href="https://www.benzinga.com/markets/cannabis/23/09/34958558/exclusive-the-safer-banking-act-is-a-long-awaited-first-step-towards-the-economic-legitimacy-of-">SAFE Banking Act</a>—which would allow cannabis businesses access to banking services—have also struggled to make it through the Senate despite bipartisan support.
Read Also: <a href="https://www.benzinga.com/general/politics/24/03/37884006/trump-vs-biden-key-swing-states-arizona-nevada-michigan-wisconsin-show-close-races-heres-the-rol">Trump Vs. Biden: Key Swing States Arizona, Nevada, Michigan, Wisconsin Show Close Races: Here&#8217;s The Role Undecided Voters, Robert Kennedy Jr. Could Play</a>
<h3 class="wp-block-heading">5 Swing States Could Shape Cannabis&#8217; Future</h3>
At the moment, out of the 100 seats, 49 are GOP, 48 are Dems and 3 are Independents (Bernie Sanders, Angus King and Kyrsten Sinema).
In the 2024 elections, five swing states with strong cannabis reform momentum—Arizona, Michigan, Nevada, Pennsylvania, and Wisconsin—are renewing their Senate seats. How these states vote could dramatically alter the Senate's stance on cannabis. Other key <a href="https://www.benzinga.com/general/politics/24/03/37884006/trump-vs-biden-key-swing-states-arizona-nevada-michigan-wisconsin-show-close-races-heres-the-rol">swing states</a> like Georgia and North Carolina won&#8217;t be renewing seats in the Senate in the next election.
In Arizona (a State that leans conservative), Kyrsten Sinema has been supportive of cannabis reform. She voted <a href="https://www.billtrack50.com/legislatordetail/19250">in favor</a> of the MORE Act, <a href="https://www.billtrack50.com/legislatordetail/19250">sponsored</a> the SAFE Act, and supported Arizona's legalization of recreational cannabis in 2020. While Arizona's GOP leans conservative, they have largely accepted the current cannabis laws without pushing for further restrictions​.
In Michigan, Debbie Stabenow (D) is retiring, according to CNN. She has consistently supported cannabis reform, including co-sponsoring the SAFE Banking Act. She is an advocate for federal decriminalization and has backed Michigan's cannabis laws. Her replacement, however, could influence the state's future stance on cannabis​.
In Nevada, Jacky Rosen (D)&nbsp;is another pro-cannabis senator who supports federal legalization. She <a href="https://www.benzinga.com/markets/cannabis/24/04/38321517/sen-jacky-rosen-introduces-bill-seeking-fed-grants-to-cover-expungement-costs-for-people-unjustl">has voted</a> in favor of removing cannabis from the Controlled Substances Act and has aligned herself with Nevada's growing recreational cannabis market​.
In Pennsylvania, Bob Casey (D), while more cautious, has shown openness to cannabis reform. He <a href="https://www.casey.senate.gov/news/releases/casey-paul-introduce-bipartisan-legislation-to-seal-records-of-low-level-nonviolent-offenses">supports</a> medical cannabis and criminal justice reforms.
In Wisconsin, Tammy Baldwin (D)&nbsp;has been a strong advocate for cannabis reform. She has voted in favor of various cannabis-related bills, including the MORE Act, and <a href="https://www.benzinga.com/markets/cannabis/23/11/35900433/gop-in-wisconsin-under-pressure-to-legalize-weed-as-state-sen-agards-new-petition-gains-traction">supports</a> both medical and recreational cannabis legalization in Wisconsin.
<ul>
<li>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter&nbsp;<a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.</li>
</ul>
<h3 class="wp-block-heading">A Potential Shift Senate</h3>
If these states elect more pro-cannabis senators—or even moderate Republicans—it could increase the chances of federal cannabis reform passing in the Senate. 
However, a shift toward GOP control in these states might hinder reform efforts. Historically, many Republican senators have <a href="https://www.benzinga.com/markets/cannabis/24/05/38596342/gop-senators-slam-cannabis-banking-reform-cartel-cash-and-oklahoma-at-chinese-money-laundering-s">resisted </a>comprehensive cannabis legalization.
None of the seats in these five swing states currently held by senators supportive of cannabis reform are held by Republicans. Thus, a Republican victory in any of these states could slow down the progress toward federal cannabis legalization, given the more conservative stance of many GOP lawmakers on this issue.
Should pro-cannabis candidates retain or win Senate seats, the likelihood of passing comprehensive cannabis reform increases. With both presidential candidates—Vice President Kamala Harris and Donald Trump—expressing support for cannabis reform, the potential for progress exists.
<ul>
<li>Read Next: <a href="https://www.benzinga.com/24/09/40815292/the-election-issue-no-one-saw-coming-trumps-weed-gamble-in-swing-states">The Election Issue No One Saw Coming: Trump&#8217;s Weed Gamble In Swing States</a></li>
</ul>
Cover: AI-generated image

Pro-Cannabis Senators' Seats At Stake In Upcoming Election Could Affect Future Of Cannabis Legalization

Top Stock Ideas Sent Daily — Join and Gain Your Edge

Top Stock Ideas Sent Daily — Join and Gain Your Edge

Comments

Rafina Innovations

Rafina Innovations (VICA) Forecast

Rafina Innovations (OTC:VICA) Stock, Quote.Headers.trade-ideas