The Supreme Court of British Columbia has given the green light for marijuana company Harvest Health & Recreation (CSE: HARV) (OTCQX: HRVSF) to combine its business with Verano Holdings, one of the largest multi-state operators (MSO) of cannabis facilities in the U.S. The $850 million deal was first announced in March as one of the […]
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Buffett and Munger from another Planet
The gorge between the investment world seems cavernous to me on the eve of the Berkshire Hathaway (BRK-A) pilgrimage so many millionaires make each year, and god bless them as they bask in the riches for the risks they took 10 or 20 years ago. You always hear the catcall of if you had invested […]
Public Blockchains have Major Flaws But it Doesnt Matter yet
Without pretending to know what goes on in the mind of Vitalik Buterin the Co-founder of Etherium who at age 25 is doing a replay of what Thomas Edison did at Menlo Park in 1876. Edison was disrupting electric power generation at 29 just as Buterin is disrupting the way we keep track of our […]
Portfolio Managers Cannot Keep Pace without Bitcoin in the Mix
If you are a money manager, your waking nightmare is a relplay of Q4 2017 and Q1 2018 when Bitcoin exploded into the year end mark for assets. If you were not long Bitcoin or an Alt-Coin you were at risk of losing investor capital as the media cycle rage for Bitcoin overwhelmed any investment […]
UnitedHealth Group Inc (NYSE:UNH) To Unleash Its First Blockchain Foray
The stock of UnitedHealth Group Inc (NYSE:UNH) closed at $222.88 gaining 2.63% in yesterday’s trading session. This US healthcare giant has moved ahead to collaborate with several industry players and essentially it seeks to keep records up to date. The new joint scheme provides that that the Optum subsidiary of the conglomerate will be working closely with a […]
Thai Finance Ministry Unveils the Final Version of Tax Framework for Cryptocurrency
The finance ministry in Thailand has unveiled the much awaited tax framework for the cryptocurrency this week. The Finance Minister of Thailand, Mr. Apisak Tantivorawong has said in the cabinet meeting on March 27, 2018, that the trades involving crypto will be taxed at 7% VAT (value added tax). He also favored for the capital […]
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