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Alphabet Inc (NASDAQ:GOOGL) Leaps Into the Wearable Industry By Buying Fitbit Inc (NYSE:FIT) For $2.1 Billion

Alphabet Inc (NASDAQ:GOOGL), the tech giant that helped make it fun to sit around surfing the web, is leaping into the fitness-tracker market by buying Fitbit Inc (NYSE:FIT) for about $2.1 billion. This deal will put the California-based Corporation in direct competition with Samsung and Apple Inc. (NASDAQ:AAPL) in the highly competitive market for smartwatches […]

Libra Association Launched By Facebook, Inc. (NASDAQ:FB) Elects A Five Member Board Of Directors On Its First Meeting

Despite the exit of prominent payment processors, Libra Association launched by Facebook, Inc. (NASDAQ:FB) conducted its first meeting on Monday in Geneva. It has the support of 21 members that include Venture Capital Firms, Vodafone, Spotify, Lyft, and Uber. Facebook moves ahead with creating Libra Shrugging off the criticism from US politicians and regulators and […]

Medmen Enterprises Inc (OTCMKTS:MMNFF) Scuttles $682 Million Merger With PharmaCann: Medmen To Focus On Retail Operations

In a surprise move, Medmen Enterprises Inc (OTCMKTS:MMNFF) has announced the termination of the merger accord with PharmaCann. The deal is worth $682 million. According to Medmen, both the firms agreed to terminate the agreement mutually. In September 2019, Medmen announced that PharmaCann and Medmen have complied with the anti-trust obligations, which are mandatory under […]

Facebook, Inc. (NASDAQ:FB) Suspends 64,000 Apps From 400 Developers On Inappropriate Sharing Of Data

Facebook, Inc. (NASDAQ:FB) announced the suspension of several apps from 400 developers over a year on privacy concerns. According to the blog post released on Friday, Facebook said it banned the apps that indulge inappropriate sharing of data of users without their consent. It is a clear violation of the Facebook policies, and as a […]

Medicine Man Technologies Rolling Up to Be a Fully Vertically Integrated Cannabis Operator

Driving Colorado’s push for legislation supporting cannabis businesses Denver-based Medicine Man Technologies (OTCQX:MDCL) has been announcing acquisitions at a furious pace since the passage of Colorado’s HB 19-1090 just four months ago. The bill, a version of which had been vetoed last year by former Governor John Hickenlooper, was signed by current Governor Jared Polis […]

The Daily Buzz: Searching for Genuine Value in the Cannabis Patch (CBWTF, GTBIF, CWBHF)

Auxly Cannabis Group Inc (OTCMKTS:CBWTF) has become a first-tier story in the Canadian pot space, after being an also-rand for quite a few years. The latest suggesting of this new status, besides the action on the charts, is the company’s announcement this week that its wholly-owned subsidiaries, Dosecann Inc. and Kolab Project Inc. have both […]

The Daily Buzz: Three Interesting Ways to Close Out the Week (MMNFF, CRLBF, HEMP)

Medmen Enterprises Inc (OTCMKTS:MMNFF)is predicating its very existence on the fight for top-tier status in the US weed market. In that vein, the company just announced that it has closed its previously announced acquisition of MattnJeremy, Inc. d/b/a One Love Beach Club. According to the release, “this acquisition further enhances MedMen’s California footprint by adding […]

Colorado’s Star Cannabis Company is Outflanking Tilray and Canopy in the U.S.

Despite nationwide legalization, Canada’s cannabis market is suffering from growing pains As the first cannabis bull, Cowen’s Vivien Azer was a trailblazer on Wall Street. So, it made headlines when she admitted defeat on her lofty price target for Tilrayand other Canadian licensed producers. The analyst followed the path of peers and trimmed her price […]

Tesla Inc. (NASDAQ:TSLA) Announce Leather Free Model 3 Car Interior Days After Launching Tesla Insurance

Tesla Inc. (NASDAQ:TSLA) made headlines last week when the company announced that it will offer customers car insurance. Over the weekend, the company announced that it’s Model 3 car is free of leather. The company has indicated that the anticipated Model Y will be completely vegan once it debuts in 2020. Tesla’s leather-free cars For […]

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