Connect with us

Banks

Did Cannabis Legalization Help Canadian Stocks?

Published

on

This article was originally published on Cannabis & Tech Today, and appears here with permission.

Canada is one of just two countries that have legalized cannabis for adult use. The other country is Uruguay.

Unlike Uruguay, Canada’s legalization model allows for sales to tourists. Canada is also home to a thriving cannabis export market.

As the only G-7 country to have legalized cannabis for adult-use, Canada was looked at very closely by cannabis investors all over the globe.

Many Canadian cannabis companies offer stocks, with some having done so prior to legalization in 2018. Did legalization help those stocks?

Canadian Stocks Post-Legalization

team of researchers in Canada and China recently teamed up to examine the effect of, if any, cannabis legalization on cannabis stock prices in Canada.

It is …

Full story available on Benzinga.com

Source Here: benzinga.com

Banks

Anonymous Crypto Wallet Moves $731M Worth of Bitcoin

Published

on

What happened: $731,200,591.00 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction.

This mysterious person’s bitcoin wallet address has been identified as: 3N8L2e9EApmGiogarLwdUTpuEqqJWYa5V2

$731 million worth of Bitcoin was sent to an unknown recipient, with Bitcoin wallet address: 3CpcVodog9VKvWCXZhrJPxtVbsFna3SHWb

Why it matters: Cryptocurrency whales that own millions of dollars in Bitcoin tend to move markets single-handedly. If the …

Full story available on Benzinga.com

Source Here: benzinga.com

Continue Reading

Banks

Ohio Republicans File Cannabis Legalization Bill, Activists Prove No Errors in Their Petition

Published

on

Ohio lawmakers filed a bill to legalize cannabis in the state recently.

The move comes on the heels of a recent push to place a full marijuana legalization initiative on the Ohio ballot, with activists nearing completion of the first phase of their signature drive for the cause.

The legislation was formally introduced by Reps. Jamie Callender (R) and Ron Ferguson (R), almost two months following the first announcement of their plan to legalize the plant.

Ohio Adult Use Act would allow adults 21 and older to purchase and possess up to 50 grams of cannabis. Moreover, the cultivation of up to six plants, with only three being mature, would be permitted for personal use under the new bill, as well as gifting up to 25 grams of marijuana between adult consumers without remuneration.

Money from a 10% tax on marijuana sales would go to …

Full story available on Benzinga.com

Article: benzinga.com

Continue Reading

Banks

This Wallet Just Transferred $746M Worth of BTC

Published

on

What happened: $746,420,516 worth of Bitcoin (CRYPTO: BTC) was just moved between 2 anonymous cryptocurrency wallets in a single transaction.

This mysterious person’s bitcoin wallet address has been identified as: 3H3CvScj1ga86RXhdF6QaQMGbwfMrTUWJB

$746 million worth of Bitcoin was sent to an unknown recipient, with Bitcoin wallet address: 3EKhyccdmFnHim9zPTvndwzxE2UjduutkD

Why it matters: Cryptocurrency whales that own millions of dollars in Bitcoin tend to move markets single-handedly. If the whale …

Full story available on Benzinga.com

Original Source: benzinga.com

Continue Reading

Trending

Chimed.com