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Here's what we wrote about this week: Just months after breaking the record for the largest funding round in the psychedelics field, Atai Life Sciences has raised another $157 million to continue to develop treatments for mental illnesses like depression, addiction, and anxiety. CEO Florian Brand told Insider the money will be used to "double down" on the company's strategy. Jason Wild had a pretty good year last year. His hedge fund, JW Asset Management, returned over 146% in 2020 — buoyed by significant investments in the cannabis industry. In an interview, Wild shared the six cannabis st...

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. There's been a surge in special purpose acquisition companies, or SPACs. Because of the frenzy of SPACs, finding bankers and lawyers and securing eventual deals is getting harder. From a SPAC-off, to a SPAC-up, to a de-SPAC, here's the guide on what you need to know. SPACs were once a little-known way for private companies to go public without having to IPO. But in 2020, the number of SPACs on the market quadrupled from the year before, according to SPAC Ins...

As the legal cannabis market grows in the US, there are several ways for investors to gain exposure to the marijuana industry. In addition to investing in individual stocks, marijuana ETFs allow you to invest in a range of companies across the industry.  Due to legal uncertainties on the federal level, marijuana investments remain risky and volatile. When it comes to investing in the legal marijuana industry,  they dont call it the "green rush" for nothing.  Many analysts are projecting massive growth for the cannabis industry. New Frontier, a Washington DC-based cannabis research firm, ex...

DeepMind cofounders Demis Hassabis, Mustafa Suleyman, and Hampton Creek founder Josh Tetrick DeepMind; Tobias Hase/picture alliance via Getty Images; John Phillips/Getty Images for TechCrunch; Neilson Barnard/Getty Images for New York Times; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Google AI firm DeepMind discussed a partnership with Hampton Creek on a new food division in 2016. Hampton Creek famously produced vegan products like eg...

iStock; Insider Court decisions have paved the way for telemarketers to get away with spam calls scot-free. You can stop scam robocalls, but you need to take it into your own hands. Nearly every day for the past year, I have been breathlessly informed that the warranty on my vehicle is out of date. The situation is dire: it's the middle of a pandemic, and if the warranty on my vehicle gives out, I could be out a serious chunk of money. The problem is that I do not have a warranty on my automobile. I do not own an automobile. I have