Page 9 - Merida Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Merida Capital Holdings. A water-soluble emulsion technology company said it plans to use the investment to support its innovation activities and scalability. SōRSE estimated that fundraising will be completed in May. “We’re excited to join Merida’s prestigious portfolio, which includes other cannabis industry leaders we’ve collaborated with in the past such as New Frontier Data and Leafly,” said SōRSE CEO Howard Lee. “With Merida’s financing, SōRSE can continue our 100%+ year on year revenue growth. The relationship allows our Company to continue its mission to make cannabin...

This week, in celebration of 4/20, the unofficial day of cannabis, more NFTs were announced. Flosstradamus’ ‘Genesis Experience’ Flosstradamus, collaborated with multimedia production studio Blunt Action and Aegis to present a “smokable” NFT. Dubbed the “Genesis Experience,” this hybrid audiovisual art piece allows smokers to own both digital and physical assets. According to Flosstradamus, the intent was to take NFTs to another level. The “Genesis Experience” was broken into two parts: On April 19, a “420” digital-only edition piece went on sale for $4.19. On April 20, ...

Canopy Growth's $435M deal for Supreme Cannabis highlights consumer interest in premium segment As cannabis producers raced to the bottom to help move unsellable pot, the other end of the market remains in high demand.    Canopy Growth Corp.'s acquisition of Supreme Cannabis Co. for $435 million on Thursday highlighted how valuable premium cannabis can still be in the Canadian recreational space. Sales in the segment are now booming following a rough-and-tumble period that saw more producers flock to the low-end of the market.    "Most [consumer-packaged-goods] companies don't just re...

S&P 500 notches another record close this week, big tech gets a boost Speaking Thursday at an IMF event moderated by CNBC's Sara Eisen, Federal Reserve Chairman Jerome Powell said that there remains room for more economic recovery as what's occured so far hasn't been well rounded 4:10pm: Fed Chair Powell says there's more room for the economy to recover The Dow held flat most of the afternoon, closing up 35 points, 0.1%, at 33,481. The Nasdaq gained 129 points, 0.9%, while the S&P 500 reached a record close again this week, adding 15 points, 0.4%, to 4,095. Speaking Thursday at an IMF event m...

FTSE 100 ends higher on lockdown easing hopes; Wall Street mixed on disappointing jobless claims data Software groups head both major indices while biggest losers in both are insurers FTSE 100 closes up 57 points UK construction growth best since 2014 US stocks after jobless claims rise 5.10pm: FTSE comes out ahead The FTSE 100 closed up 57 points, 0.8%, at 6,942, while the FTSE 250 added 87 points, 0.4%, to 22,248. "The FTSE 100 has maintained its recent resilience and outperformance, closing at its highest level this year, and its best level since the 26th February last year, while the FT...