Zenabis (ZENA.T) has taken on an additional $25M loan in secured debt financing, bringing their senior secured debt load to $50M.
Alibaba Group Holding (BABA.NYSE) delayed opening it’s $15 billion listing in Hong Kong because of the ongoing political unrest. The company states that it’s eventually going to open there, but it’s not the right time.
The most important phase of the life cycle of any ecosystem is where the inhabitants realize they can get sustenance and advantage from killing the lifeforms around them, rather than cohabiting. Monkeys turn cannibal when food supplies are low, ants go to war with other ants, ivy strangles the trees hosting it, influenza kills the body it lives in.
Overstock.com (OSTK.Q) subsidiary, tZERO, now offers Ravencoin on their mobile wallet, and the real question is – why?
I’ll say it. Vapes aren’t as fashionable on the cannabis investor markets as they once were. Right now you guys really like, well, nothing, but a few years back, if you went to Alibaba Express and got a shipping container of pink vapes sent over by the guy who usually does fidget spinners, the markets would reward you and your 6c shell with great valuations, figuring you’d flip your fire hazard robot dicks to a 7/11 by next Wednesday and all the kids would be high before their Monster Energy buzz wore off and, step 3: profit.