Canada is now the world’s largest legal marijuana marketplace

Ian Power was among the first to buy legal recreational marijuana in Canada but he has no plans to smoke it. He plans to frame it. Canada became the largest country with a legal national marijuana marketplace as sales began early Wednesday in Newfoundland. Power was first in line at …

PepsiCo just became the latest beverage company to say it’s looking at the fast-growing cannabis market

PepsiCo is taking a hard look at the cannabis industry as other beverage makers explore the market. “I think we’ll look at it critically, but I’m not prepared to share any plans that we may have in the space right now,” Chief Financial Officer Hugh Johnston told Jim Cramer and …

Global Stem Cell Market Expected to Reach $270.5 Billion

The global stem cell market is expected to reach US 270.5 Billion by 2025, while increasing at a compound annual growth rate of 13.8% during the period from 2017 to 2025. All this comes from a report published by Transparency Market Research. From a global perspective, North America accounts for …

Ground transport at 760 mph: New hyperloop passenger pod unveiled

Elon Musk’s dream of hyperloop travel is getting closer to reality. Hyperloop Transportation Technologies (HTT) unveiled its first full-size passenger capsule in Cadiz, Spain, on Tuesday. The company, one of several in the race to enact hyperloop technology, said the vessel had been built to scale to transport passengers at …

5 Biotech Stocks to Play the Sector’s Next Big Trend: NASH

The stars are aligning for several biotech stocks. Thirty-five billion stars in fact. That huge number in dollars represents the potential annual spending needed to treat one of the biggest and growing problems facing the healthcare sector today. We’re talking about NASH. Most often occurring in obese or glucose-intolerant people, …

Satellite company partners with Amazons’ AWS to bring internet connectivity to the ‘whole planet’

Iridium Communications announced a partnership with Amazon Web Services this week, to develop a satellite-based network called CloudConnect for Internet of Things (IoT) applications. “We’re really covering the whole planet … with terrestrial networks today it’s still only 10 percent or 20 percent” of the Earth, Iridium CEO Matt Desch …

Rookie Pot Stocks Overshadow More Established Peers in September

Move over marijuana heavyweights, the rookies are taking over. The recent pot mania has seen a slew of companies looking to get in on the sector and stock returns this month have overshadowed larger and more established marijuana companies, including Canopy Growth, Aurora Cannabis and even high-volatility Tilray. September’s MVPs …

U.S. fintech startup Stripe valued at $20 billion in latest funding round

Payments startup Stripe said on Wednesday it has raised $245 million in funding, better positioning the company to expand to new markets globally and attract bigger customers. The new funding round values San Francisco-based Stripe, whose products make it easier for companies to accept online payments and bill customers, at …

Aurora Cannabis is becoming the Berkshire Hathaway of pot

Canada-based Aurora Cannabis Inc. tripled its revenue thanks to bigger weed sales in the final quarter of its fiscal year, but the pot producer’s profit gains were mostly the result of a different business: investing in other marijuana companies. Canadian cannabis stocks have been soaring of late, as the country …

Canadian marijuana producer Tilray shares end the day up 38% in wild day of trading

Shares of Canadian marijuana producer Tilray gave up a 90 percent one-day surge and turned negative briefly in a wild day of trading on Wednesday. The stock, which was halted five times by the Nasdaq for volatility, still ended the day up 38 percent, its best day ever as a …