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Puerto Rico Blackout: 8 Stocks Affected By Island-Wide Power Outage
Tuesday, December 31, 2024 - 12:42pm | 667Several companies could be affected by a widespread power outage Tuesday in Puerto Rico. What Happened: Only around 12% of Puerto Rico’s residents currently have electricity, according to Luma Energy, the power company servicing the island. In a post on X, Luma Energy said the outage began at...
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'Puerto Rico Is Unique': Marijuana Laws And Vision For Cannabis Tourism
Friday, November 8, 2024 - 4:19pm | 767Article via El Planteo "Stigma was never an excuse," says Noemí Pérez, founder of GreenBook Academy and president of Puerto Rico MedCann.Biz, on her mission to bring medicinal cannabis education to every corner of Puerto Rico. Since the program’s inception in 2015, Pérez has worked to shift...
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'Diamond In The Rough' Of Latin American Cannabis: Puerto Rico's Success Secret Explained
Friday, November 8, 2024 - 1:50pm | 1001Article via El Planteo "Puerto Rico is a paradise for a cannabis entrepreneur," says Jaime Rengifo, CEO of Prich Biotech, often regarded as the largest cannabis company in Latin America. Since his arrival on the island, Rengifo has closely observed how this relatively small region has become a...
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DraftKings Q3 Highlights: Revenue Miss, 2024 Guidance Trim, First 2025 Outlook, CEO Reaffirms Focus On 'Sustainable Revenue Growth'
Thursday, November 7, 2024 - 5:56pm | 642Sports betting and iGaming company DraftKings Inc (NASDAQ:DKNG) reported third-quarter financial results after market close Thursday. Here are the key highlights. What Happened: DraftKings reported third-quarter revenue of $1.095 billion, up 39% year-over-year. The revenue total missed a Street...
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Floating Island Of Garbage Fallout: Kamala Harris Receives Endorsement From Puerto Rico's Largest Newspaper (CORRECTED)
Tuesday, October 29, 2024 - 8:21pm | 510Editor’s Note: The headline of this story has been updated to correct a spelling error. El Nuevo Día, Puerto Rico’s largest newspaper, has endorsed Kamala Harris for the presidency. This endorsement comes amidst a recent controversy involving derogatory remarks about Puerto Rico made at...
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Sha'Carri Richardson's Cannabis Controversy Repeats With Coraly Ortiz, The Puerto Rican Athlete Suspended For THC
Friday, May 31, 2024 - 10:46am | 636By Lucía Tedesco via El Planteo, adapted for Benzinga Puerto Rican athlete Coraly Ortiz was recently hit with a two-year suspension after her tests came back positive for cannabis. However, she claims there were irregularities in the process. The test results showed that her body contained...
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Small Amounts Of Marijuana Still A Criminal Record Stain In Puerto Rico: New Law Fails To Pass House
Friday, November 10, 2023 - 11:43am | 592In the ever-shifting landscape of Puerto Rican politics, few issues have sparked as intense a debate as that surrounding cannabis. The recent vote in the House of Representatives on House Bill 209, aimed at preventing first-time minor marijuana possession convictions from appearing on criminal...
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Latin America's Best-Kept Cannabis Secret: Meet The Biggest Marijuana Company In The Region
Monday, September 11, 2023 - 4:09pm | 3193Drifting just an hour from the vibrant arteries of San Juan, Puerto Rico's capital, past a mosaic of color-doused houses and palm-enshrouded highways, a hidden gem emerges on the island's eastern seaboard. Here, where the rhythm of Latino and Caribbean tales intertwine with the allure of...
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Puerto Rican Singer Arcángel Talks Cannabis, Industry And More: 'It Helps Me A Lot With My Anxiety'
Saturday, May 27, 2023 - 2:15pm | 1008By Javier Hasse via El Planteo. Renowned urban singer Arcángel has not only conquered the world of music, but he has also started down a path in the promotion of medical cannabis. Far from seeking to increase his fame, his entry into this industry aims to change society's perception of...
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Crypto Trader Arrested Over Manipulating Mango Markets, Causing $110M In Losses
Wednesday, December 28, 2022 - 1:40am | 536Avraham Eisenberg, a crypto trader, was arrested on Monday in Puerto Rico for using his "highly profitable trading strategy" to siphon off digital assets worth $110 million from the decentralized finance (DeFi) trading platform Mango Markets. What Happened: Eisenberg has been...
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Puerto Rico Senator Wants To Eliminate Penalties For Cannabis Possession, Gov Says No Way
Friday, October 14, 2022 - 3:48pm | 472After President Biden called on the nation's governors to pardon state-level marijuana possession convictions, a Senator in Puerto Rico filed a bill to remove penalties for low-level cannabis possession in the U.S. territory. Independent Senator José “Chaco” Vargas Vidot...
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Popular Puerto Rico-Based Viande Foods Has Launched A CBD Soup
Wednesday, August 12, 2020 - 2:53pm | 271Viande Foods, a popular maker of packaged soups and pizzas in Puerto Rico, has partnered up with Pow Cannabis to bring CBD-infused, locally-inspired instant soups to the island. The line launched with two flavors: Veggie Soup: based on the traditional Puerto Rican sancocho, with 25 milligrams...
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Tropical Storm Karen Prompts Warnings For Puerto Rico, Virgin Islands
Monday, September 23, 2019 - 4:55pm | 680Tropical Storm Karen – the sixth named storm in the Atlantic basin this September – is spinning over the Caribbean Sea, likely arriving in Puerto Rico as well as the U.S. and British Virgin Islands on Sept. 24. Karen will bring the potential for heavy rainfall and some gusty winds. SONAR...
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Lawmakers Oppose Puerto Rico's Jones Act Waiver Request
Thursday, February 7, 2019 - 4:37pm | 455A request by the Governor of Puerto Rico to allow foreign-flagged vessels to ship liquefied natural gas (LNG) from the United States is getting push-back on Capitol Hill. The Puerto Rican economy was devastated by Hurricane Maria in 2017, and the U.S. territory faces long-term energy needs to help...
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BofA: Buy First Bancorp Ahead Of Puerto Rican Economic Recovery
Thursday, September 20, 2018 - 12:12pm | 453First Bancorp (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, is a buy ahead of an economic "jolt" — as the island's decade-long recession could be coming to an end, according to Bank of America Merrill Lynch. The Analyst Analyst Ebrahim Poonawala upgraded...