Cannabis companies of all sizes are struggling to increase their profit margins and to make that happen, they're implementing different strategies. Lowering prices and premiumizing products are among the alternatives to create value. In addition, cannabis companies might look at risk mitigation as an alternative to achieve higher quality and prevent losses.
One of the big ideas for Ark Invest is the continuation of video games having end-to-end virtual entertainment. Gaming fits into the ETF management company’s thesis that time spent on games and digital goods could continue.
The use cases for artificial intelligence continue to rise, with ChatGPT among the most-discussed topics at the start of 2023. One area that could use AI is sports with use cases for sports betting, fan engagement and more. Here’s what one Ark Invest portfolio manager told Benzinga.
Since acquiring social media platform Twitter for $44 billion, Elon Musk has been busy at work, making changes like job cuts and focusing on monetization efforts. Here’s what one Ark Invest portfolio manager thinks of the job Musk has done so far with Twitter.
The sports betting sector has become incredibly competitive, with many operators competing for market share in the legalized states. A portfolio manager for Ark Invest told Benzinga why DraftKings (NASDAQ: DKNG) stood out for years and could be the long-term winner.
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) has broadened its brand portfolio with the launch of 1988, a new line of flavored, tobacco-free blunts that feature the company's top-tier flower.
A new collection of non-fungible tokens (NFTs) will offer holders access to bathrooms and bars during the Mardi Gras activities in New Orleans.
The NFTs will also provide additional benefits and could help launch New Orleans as a Web3 hub.
SHF Holdings, Inc. ( d/b/a/ Safe Harbor Financial) (NASDAQ: SHFS) confirmed Wednesday that Karl A. Racine has commenced active participation on the company’s board of directors following his January 2023 departure from office.