equity

Bitcoin (CRYPTO: BTC) treasury companies like Michael Saylor‘s Strategy Inc. (NASDAQ:MSTR) (formerly MicroStrategy) were in focus as Brett Winton, the chief futurist at ARK Investment Management LLC, highlighted that trouble could be brewing for such companies in the long run. What Happened:...

OpenAI’s CEO Sam Altman has made a surprising revelation. He chose not to take any equity in the company when it was established in 2015. What Happened: Altman, a co-founder of the artificial intelligence firm, expressed at the New York Times’ DealBook Summit that his...

Ford Motor Co. (NYSE:F) has revised its diversity, equity, and inclusion policies, as confirmed by CEO Jim Farley on Wednesday. What Happened: CEO Farley informed employees via email about the changes. The company has refocused its employee resource groups and ceased participation in external...

In a considerable move to reshape New Jersey’s cannabis industry, the newly formed New Jersey Cannabis Equity Association (NJCEA) is setting the stage for a more inclusive and fair market. This initiative is designed to tackle long-standing disparities resulting from historical drug...

Entrepreneur Mark Cuban recently defended a social media user’s rant about diversity and inclusion, emphasizing the importance of understanding and empathy in the workplace. What Happened: On Thursday, Cuban responded to a social media post criticizing diversity and inclusion at work. The...

Elon Musk, CEO of Tesla, called his fellow billionaire entrepreneur Mark Cuban an ‘insufferable tool’ on X, formerly Twitter. What Happened: The tweet from Musk came on a Tuesday, amid a longstanding debate between the two tech giants concerning the operations of X, under Musk’s...

A small town in Western Maryland with equity in the local cannabis operation run by medical marijuana giant Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF) is seeking its fair share of the profits, reported The Washington Post. What Happened Hancock, population 1,543, got into the...

Equity cannabis licensees and applicants from New York and New Jersey are urging Senate Majority Leader Chuck Schumer (D-NY) to get the United States get the Secure and Fair Enforcement (SAFE) Banking Act passed in the Senate. A total of 40 signatories joined that call to demand the...

Like any industry, scores of cannabis companies face difficult decisions as the market trends down. In many cases, roles are reduced or made redundant, as evidenced by the ongoing wave of cannabis layoffs announced in recent months. Often, non-essential and non-revenue generating components,...

By Jordan Lams Cannabis consumers are in a unique position to be able to influence the future market by identifying brands that align with their personal ideals concerning health, the environment, and equity issues. BDSA is projecting legal cannabis sales will hit $30 billion in 2022 and your hard-...

Massachusetts Senators have approved a sweeping Social Equity Cannabis Bill, which would create a fund to support equal rights in the cannabis industry. The measure is now heading to the Massachusetts House of Representatives for further consideration. The Bay State is also seeking to...

This article was originally published on WeedWeek, and appears here with permission. For years, progressive cannabis activists have called for “equity.” They mean that the communities of color who have suffered most from the war on drugs and mass incarceration should profit from...

By Steven Palmer (a.k.a. Hazey Taughtme). Introduction to social equity Let's get one thing straight — the world needs cannabis. Even as far back as 485 BC (just about 1,500 years ago), Greek historian Herodotus described the pot- smoking rituals of ancient Scythians. In China,...

Craft cannabis brand Gage Cannabis Co. is poised to raise up to $50 million through a share offering. The Detroit-based company is offering more than 28.5 million shares of subordinate voting shares at $1.75 per share. Gage hired broker-dealer The Dalmore Group to advise the process...

Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) is poised to secure up to CA$7 million (US$5.3 million) in financing through the newly established at-the-market equity program. The program permits the company to occasionally issue and sell its common shares from the treasury to the public, the...