In an apparent move to cut costs, Canadian producer Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) has closed two cultivation facilities in Nova Scotia.
Rep. Ed Perlmutter (D-Colo.) has attached the SAFE Banking Act, which would allow U.S. financial institutions to do business with legal cannabis entities, as an amendment to the America Competes Act.
Perlmutter made the announcement in a Tweet Friday afternoon.
New York City-based LEX Markets Corp. recently introduced a new platform for investors in commercial real estate by making available equity shares of individual commercial real estate assets. Investors would be able to trade these shares, without fees or required holding periods, on LEX’s fully-licensed securities platform.
The electric vehicle transition was well underway in 2021, as economies slowly but steadily recovered from the aftermath of the COVID-19 pandemic. Consumer sentiment has rebounded from its 2020 lows, helping to lift consumer spending.
Venture capitalist and businessman Stephen Jurvetson is joining an expanding group of prominent investors who are backing research into psychedelic ventures.