New Jersey gets high on its own supply as legal weed sales begin | Reuters

Industry executives and analysts expect the market will eventually exceed $2 billion. Only medical marijuana dispensaries can sell to adults for now, but the commission is weighing hundreds of applications from start-up businesses. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every […]

Self-proclaimed bitcoin inventor’s award worth $47 bln challenged by ex-partner’s estate | Reuters

Kleiman’s brother Ira brought the lawsuit on behalf of the estate in 2018, and said at the time that the bitcoin were worth more $10 billion. Kleiman had requested a new trial on the grounds that Wright’s lawyers told jurors several times that the brothers were estranged, including by noting Ira had not seen David […]

Bitcoin miner PrimeBlock to go public via $1.25 bln SPAC deal | Reuters

The U.S. Securities and Exchange Commission recently unveiled a new draft rule that would require SPACs to disclose more details about their sponsors, their compensation, conflicts of interest and share dilution in an effort to curb such companies from issuing overly optimistic earnings projections. Reuters, the news and media division of Thomson Reuters, is the […]

Canada creates carbon-capture incentives, critical mineral plan to cut emissions | Reuters

“This in and of itself probably isn’t enough for a final investment decision, but it’s a very important step. The government will extend a C$5,000 incentive for buying electric vehicles – begun in 2019 – to March 2025. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching […]

More than half of Europeans support cannabis legalization -report | Reuters

Many European countries, including Germany, have legalized cannabis for limited medicinal purposes, while others have decriminalized its general use. The European cannabis market is expected to cross 3 billion euros in annual revenue by 2025, up from about 400 million euros last year, according to a report from research firm Prohibition Partners. Reuters, the news […]

EXCLUSIVE Cannabis producer Cresco nears $2 bln purchase of Columbia Care – sources | Reuters

The industry, still in its infancy, continues to operate in a regulatory environment defined by a patchwork of laws that vary from state to state. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. …Read the full story

Five cannabis cases to watch in 2022 | Reuters

Unsurprisingly, industry players continue to push the envelope, with the hope that courts will begin recognizing the “realities on the ground,” notwithstanding congressional inaction. As a result of federal prohibition — tempered by an annual congressional budget rider commonly known as the “Rohrabacher Amendment” which prohibits the Department of Justice from using appropriated funds to […]