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The Week In Cannabis: Good Policy News, Mixed Stock Performance, Strong Week For ETFs

On the markets front, Cronos Group Inc (NASDAQ: CRON) posted gains of up to 40% on Wednesday’s after-hours session. Aphria Inc (TSX: APHA) (NYSE: APHA) went on a rally after reporting net first-quarter revenue of CA$126.1 million ($95.3 million), up 849% year-over-year, on revenue for adult-use cannabis of CA$20million, up 8% quarter-over-quarter. The company posted positive adjusted EBITDA of CA$1 million and adjusted EBITDA from cannabis operations of CA$1.3 million in the quarter. …read more […]

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News Fix: Former CFTC Chair Suggests a Digital Dollar Will Uphold U.S. Dominance in Global Finance

This week, the Fix is thinking about change. And we’re inspired by the people across the world who are working to create it.
Before the United Nations Climate Summit on September 23, 16-year-old environmental activist Greta Thunberg led kids and adults from 150 countries in a massive strike to demand action be taken to address climate change. Around 7 million people participated in the strikes, which ran from September 20 to September 27.
Entrepreneurs are working to address the problem too. Climeworks, a Swiss environmental company, operates dozens of machines that suck in air, then filter out and collect the carbon dioxide …read more […]