A court filing reveals Ulbricht is surrendering 69,000 Bitcoin along with Bitcoin Cash, Bitcoin SV and Bitcoin Gold to the federal government to satisfy the terms of a settlement. The crypto was initially taken from an individual referred to as “Individual X” after he had allegedly pilfered the funds from Silk Road a couple years […]
Though New Jersey residents had four full days to buy recreational marijuana in their home state, local head shops were still packed on Sunday. It is interesting to note one of the requirements mandated that New Jersey marijuana shops could meet demand and provide the plant to medicinal patients without interruption. Though some local dispensary […]
In our newest Trade To Black Podcast, Shadd Dales interviewed President and Chief Investment Officer of JW Asset Management, LLC, and TerrAscend Corp. A veteran of high finance, Jason has been an advisor to no less than five investment partnerships with over $2 billion in assets under management. We… I am, you know, really happy that […]
Now that New Jersey is preparing to launch its adult-use market for marijuana, several other states are likely to follow suit with marijuana legalization legislation of their own. If cannabis is legalized in six or more states in the year ahead, it will generate hundreds of millions of dollars for cannabis businesses, ultimately benefitting cannabis […]
The panel also explores this week’s unveiling of the “crypto bull” in Miami, Peter Thiel’s rebuke of Warren Buffett for his stance on crypto, DeFi TVL threatening new highs, New York lawmakers take on Cannabis 280e, the upcoming CAOA Act introduction and more. Ben has extensive experience covering both sectors in a capital markets capacity, […]
Now that the MORE Act passed the House and is likely to die on arrival in the Senate, beltway insiders and those interested in cannabis investing are shifting their attention to Chuck Schumer’s CAOA Act. Though the MORE Act might not reach the 60 Senate votes necessary to surmount a filibuster, Schumer’s proposed bill has […]
I believe the combination of TerrAscend and Gage has created one of the most compelling and differentiated operators in the North American cannabis industry. In addition, up to 25.8 million TerrAscend common shares are reserved for issuance in connection with the exercise or exchange of former Gage convertible securities that will be satisfied with TerrAscend […]
In this week’s Trade To Black Podcast, Shadd Dales, Benjamin A. A lack of big news meant the sector defaulted to movement in broader biotechnology stocks, which closed down nearly 4%. Ben has extensive experience covering both sectors in a capital markets capacity, and has previously Co-Founded a Montreal-based trading firm. …Read the full story
Since the first companies went public in 2020, investors have been betting on the “revolutionary” potential of psychedelic drugs for mental healthcare, with many jumping into the market believing it would mimic early days of Canadian cannabis stocks. For one, let’s look at the policies around cannabis and psychedelics. Although there have been some encouraging […]