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Venture Capital Firm Kaszek Ventures Raises $1B To Invest In Latin American Tech Based Startups: Bloomberg
Friday, June 18, 2021 - 3:40pm | 292Venture capitalist Hernan Kazah explores options to invest the $1 billion raised by his firm Kaszek Ventures to tap the pandemic induced demand surge for the tech companies, Bloomberg reports. The firm opted for Latin America’s most prominent venture capital round after identifying...
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The Power Of Plant Medicine: How Ayahuasca Communities In Latin America Battled The Covid-19 Pandemic
Sunday, April 11, 2021 - 12:40pm | 2746This article by Magdalena Tanev was originally published on plantmedicine.org and appears here with permission, via Microdose Psychedelic Insights. For centuries, the use of the sacred ayahuasca brew has been a vital healing mechanism for indigenous communities in the Amazon rainforest,...
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Avicanna's Colombian Subsidiary Gets THC Production Quota, Finalizes Big Commercial Export To Chile
Tuesday, March 30, 2021 - 2:11pm | 569The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Avicanna Inc. (TSX:AVCN) (OTCQX: AVCNF) (FSE:0NN) announced late Monday that the Colombian government allowed it to cultivate and process...
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Cannabis Movers & Shakers: Kathleen Sebelius Joins NCR, BDSA Names New Chair, Next Frontier Has A New CEO
Friday, February 12, 2021 - 11:02am | 1009National Cannabis Roundtable Welcomes Former Obama Official Kathleen Sebelius National Cannabis Roundtable (NCR) has welcomed yet another politician in its ranks. Kathleen Sebelius, the U.S. Department of Health and Human Services secretary under former President Barack Obama, has joined the group...
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Fintech Focus For December 9, 2020
Tuesday, December 8, 2020 - 6:34pm | 1990Quote To Start The Day: Webull, founded by Alibaba Group Holding Ltd. alum Wang Anquan, has increased its roster of brokerage clients by about tenfold this year, to more than 2 million, by offering free stock trades with a slick online interface. While that’s still a fraction of the more...
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Amazon Marks Its Biggest Expansion In Brazil Since 2012: Reuters
Monday, November 9, 2020 - 3:12am | 351Amazon Inc (NASDAQ: AMZN) has expanded its e-commerce logistics centers in Brazil to eight, according to a Reuters report on Monday. What Happened: The company has added three new centers in the states of Minas Gerais and Rio Grande do Sul and the capital city of Brasilia....
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Flora Growth Inks Distribution Deal In Latin America
Monday, November 2, 2020 - 12:58pm | 304Vertically integrated cannabis company Flora Growth Corp. confirmed Monday that its Mind Naturals CBD skincare brand would be available in up to 111 Falabella stores across Latin America. Under the distribution deal with Flora's Flora Beauty division, founded by former Miss Universe...
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The Cannabis Markets In Latin America: A Snapshot By Expert Analysts
Friday, October 30, 2020 - 8:46am | 1221Regulatory, economic and pandemic-related hurdles have held up Latin America’s success as a global exporter of cannabis. In an enticing live panel, Cantor Fitzgerald Analyst Pablo Zuanic interviewed experts from the region in order to get a clear understanding of the current state of...
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Blueberries Medical CEO Resigns
Monday, October 26, 2020 - 1:56pm | 266Latin American cannabis producer Blueberries Medical (CSE: BBM) (OTCQB: BBRRF) announced on Monday the resignation of CEO Camilo Villalba. Blueberries said Villalba will remain associated with the company as a consultant. “I see such enormous potential both with the company and medicinal...
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Former Argentina Congressman Joins $740K Funding Round For Cannabis Producer BlueBerries
Thursday, July 16, 2020 - 11:55am | 263Latin American medicinal cannabis producer Blueberries Medical Corp. (CSE: BBM) (OTC: BBRRF) has closed a C$1 million ($740,000) non-brokered private placement offering, completed in the form of unsecured convertible debentures. Among the investors was entrepreneur Facundo Garreton, a...
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Argentina To Allow Cannabis Sales In Pharmacies And Home Cultivation
Wednesday, July 15, 2020 - 6:20pm | 765By El Planteo's Marian Venini, translated from Spanish and adapted by Benzinga's Natán Ponieman. Argentina’s Ministry of Health will make definitive changes to the country’s medical marijuana law. On Wednesday, the Health Minister met with key actors to close details on a...
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These Are The 'Big 4' Colombian Cannabis Producers
Monday, April 27, 2020 - 10:01am | 1120In recent years, Colombia has positioned itself as the star of the Latin American cannabis landscape. An ideal climate for the plant, permissive legislation and low production costs have turned the country into a major hub for international cannabis investments. Colombia started a path...
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Why Growth In Latin America Matters For Netflix
Thursday, January 16, 2020 - 11:34am | 612The Street is divided over the impact streaming competition will have on Netflix Inc (NASDAQ: NFLX). Netflix will thrive despite a flurry of new entrants, with its success in Latin America offering a preview of potential success in other emerging markets, a Morgan Stanley analyst said Thursday...
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Netflix Analyst Likes Latin America Subscribers, Still Neutral On Stock
Friday, December 20, 2019 - 4:00pm | 404Netflix Inc (NASDAQ: NFLX) this week reported higher-than-expected subscriber figures in Latin America, but room for more growth in the Asia-Pacific region, Nomura Instinet said. The Analyst Mark Kelley kept a Neutral rating and $330 price target on Netflix. The Thesis Netflix issued an 8-K filing...
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'Exceeded Our Expectations': First Latin American Study On CBD, Epilepsy Completed
Saturday, December 7, 2019 - 9:50am | 539A research team at Garrahan Children’s Hospital, a public pediatric research hospital in Buenos Aires, Argentina, completed the continent’s first clinical trials on CBD. The study adds overwhelming evidence of the compound’s efficacy in treating refractory epilepsy in children....