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By Matthew Makowski. Originally posted January 7, Updated on January 11 at pm. Investing rock star Warren Buffett has called Bitcoin rat poison, a mirage and worthless.

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The choreography is at times jerky and anxious, at times sluggish and despondent, sometimes even ethereal. What were you and L. Dance Project going for? The whole project was so organic. There was no master plan; it was completely intuitive. What if bodies could be inside of them, activating them?

Is there a way that human movements, whether jerky and violent or slow and harmonious, could speak to that? I saw the dancers not so much as being about the narrative of race or gender or age, but instead I saw them as these kind of vessels that could expand and contract and express different nuances within the landscape they were in. I was thinking about how to open up the body of work and to share it with a wider audience. Even someone who knows nothing about it and just stumbles across it.

We created these posters made to be wheat-pasted across the city — very random places — and the idea was that someone could be sitting at a bus stop, log on to the QR code, and suddenly their phone or tablet would activate into this experimental film, this artwork. I love the idea: Can we take art outside of the galleries and museums and broaden its bandwidth?

What was your intent? I think that fragmentation is the new narrative, in a way. And this body of work very much came out of that landscape. How the dialogue can exist outside of how it's been in the past. Because the past is very, very static. This story originally appeared in Los Angeles Times. The Buffett Indicator has gone haywire of late.

Retirement account owners have long had trouble translating the money in their k into income. Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry.

The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And it looks like the anticipated changes could happen faster than initially expected.

The statement feeds expectations that the Democratic Congressional majority will pass — and that President Biden will sign — a bill to legalize marijuana. Investors are also looking at further state-level legalization moves; one key state in this regard is New York. So, the cannabis industry is looking up. There is an expanding network of state legalization regimes, and expectations of a change in federal policy; both are putting upward pressure on cannabis shares. Both have posted impressive year-to-date performances, and stand to rise even more in the year ahead.

The company started out as a farmer, producing high-quality greenhouse vegetables year-round for sale in the North American market. That background fit the company well for a transition to the cannabis industry — Village Farms has experience in greenhouse production and industrial-scale growing.

Two important pieces of news precipitated the surge since the end of January. The move increases the international reach of Village Farms, and its ability to increase Altum holdings in the future. The company was able to fund these moves because it had a successful equity sale in January, putting an additional In addition to its strong capital and expansion positions, Village Farms has been reporting solid financial results.

VFF has historically been undervalued compared to less profitable peers, but we expect shares to continue working higher … as the prospect for US reform increases throughout the year. The company is involved in both the medical and recreational sides of the market, and both grows and produces cannabis and markets a range of products through numerous brand names. Growth has been fueled by expansion of the cultivation operations in California and Pennsylvania, and by the move into the adult-use recreational market in New Jersey.

Last month, TerrAscend closed a non-brokered private placement stock sale, putting more than 18 million common shares on the market. We have been bullish on the company since initiating coverage last year and are happy to say the TRSSF team has exceeded our expectations, generating rapid increases in margins and operating leverage that have earned them a place solidly in the Top Tier of MSOs," Des Lauriers noted.

Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. For all the attention given to the argument that the stock market is in a bubble, it is important to point out that not everyone shares that view.

In a monthly webinar, Wood made the argument against stocks being in a bubble. Congressional leaders are hurrying the new payments along. Will you get one — and when? Interest from retail investors appeared to lift cannabis stocks broadly higher on Wednesday, signaling that the recent trading frenzy behind Reddit favorites such as GameStop is shifting to other companies. Coronavirus, of course. Or more precisely, a vaccine to fight it.

Yesterday, Nakae took another look at Ocugen at its present share price, and declared it overpriced, downgrading the shares to Neutral i. To watch Nakae's track record, click here Why is Nakae having second thoughts about Ocugen now? Valuation is obviously a concern, and certainly the primary one. After all, hype aside, Ocugen stock is a company almost entirely devoid of revenues. At its current market capitalization, therefore, Ocugen stock sells for a mind-numbing 40, times trailing sales, which is kind of a lot.

Now, what must Ocugen do to justify this valuation -- one that's not just "sky high" above fair value, but more orbiting somewhere out past Saturn? Although Covaxin has an ongoing Phase III clinical trial, that's happening in India, and Nakae thinks that even after initial results are in probably in March , the company may need to conduct an additional study in the U.

Next, Ocugen will need to set up manufacturing operations to produce the vaccine in the U. This will of course cost money, and this is probably one reason why Nakae predicts the company "will likely need to raise debt or equity funds in the future. Finally, once manufacturing has been set up and the vaccine goes on sale, the company will have to compete with multiple other vaccines already on the market -- and then split any profits that do result with its partner Bharat.

And of course, all of this only happens if the vaccine proves effective, and safe enough to convince the FDA to issue the EUA. So how long will all of this take? How long before Ocugen turns into something resembling a business, as opposed to just a "coronavirus play? The current outlook offers a conundrum.

On the one hand, based on 3 Buys and 1 Hold, the stock has a Strong Buy consensus rating. It will be interesting to see whether the analysts downgrade their ratings or upgrade price targets over the coming months. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The Apple Inc. The South Korean company - after the first successful approaches last January - was ready to make the Kia plant in West Point Georgia available to Apple, but some days ago the process came to a screeching halt, apparently due to internal disagreements within the Hyundai board.

Apple's goal would be to strike an agreement with an Asian company, probably to intercept the potential endless electric car market in the continent. See Also: Why Apple Could Emerge As Tesla's 'First True Competitor' Time Until "We are receiving several requests for cooperation in the joint development of autonomous electric vehicles from various companies, but they are at an early stage and nothing has been decided," Hyundai executives said in a note in which they dismissed the deal with Apple.

In conclusion, the Apple Car will have to wait for now: there is time until , which is the expected release date. This article originally appeared on Financialounge. It does not represent the opinion of Benzinga and has not been edited. The difficulties arise in the narrow and rare circumstances where all alternative sources and all competition in the market for data are excluded in order to create an information monopoly.

Open-source data is a legitimate part of the data market and forms part of the business operations of all major data supply companies. Thankfully this approach continues to be the exception rather than the rule. Sportradar will continue to support the development of a vibrant and valuable ecosystem for live sports data characterized by integrity, innovation and healthy competition. We know that others, including other companies in our layer of the market, take a different view, promoting exclusivity as a means to exclude competitors or gain market share.

Given our strong position in the. There is no suitable alternative data supply available, so rather than promoting a healthy market for competing suppliers, with a focus on innovation and integrity, FDC and Betgenius are seeking to block. The importance of competition in UK football When it comes to our own sports partnerships, such as our international data deals with the US leagues, we. This figure is only likely to increase as the legislation spreads, with nearly one-in-four 24 per cent American adults saying they would place a bet on the NFL if it was legal in their state.

As the legal market grows, it is imperative for gaming and adjacent industries to focus on implementing and promoting legal sports betting responsibly to protect consumers and ensure the viability of legal markets to the continued detriment of illegal operators. In fact, DraftKings reported that the amount of money bet by punters almost doubled on the opening NFL Sunday, compared to the same day last year. The NFL is also aiming to expand its audience and engagement through an enhanced presence on social platforms, strengthening and extending its presence on Facebook and touching down on TikTok.

The league has also vowed to deliver more diversified NFL video content to fans worldwide through an increased presence on social media. According to the joint announcement from the NFL and Facebook, more than 22 million people watched at least a minute of an NFL recap on Facebook in and , with 28 per cent of these views coming from outside the US. JA: I don't know if it's my place to be advising them, but my general statement would be that each territory is very different.

There's different regulatory requirements and there's different consumer preferences. The fundamentals of the business are similar of course, but there are pretty substantial differences from state to state. SBC: Providing an omnichannel experience is a constant challenge for the biggest betting brands; how has William Hill US been driving customers from retail outlets to online, particularly in Nevada? JA: We are happy to serve the customer wherever he or she wants to bet, so we try to create really good sportsbook experiences for those who want the retail experience and then, at the same time, we have a very easy to use mobile app which allows people to get their bet down outside the sportsbook as easily as possible.

They are different experiences. Of course, retail in the US is very different to the UK. It is a much more social experience in the US, probably more transactional in the UK. JA: The margin in Nevada has been 5. We've been north of 6 percent in Nevada on average for quite some time. I think that's a healthy margin, although pretty different to the UK. We have to maintain competitive pricing with the offshore, illegal market. SBC: Do you think this 5 or 6 percent figure is a fair amount? JA: It's certainly where the market is in.

Obviously, you're always looking to do what you can to increase your margin a little bit because other than gaming tax the rest of the costs are pretty much fixed and so the incremental margin drops to the bottom line. But again, you have to maintain competitive pricing with other outlets that customers can choose including the black market. The theoretical margin on straight bets is 4. Then the higher margin on parlays or on futures. A blend in that 5 to 7 range is where the market is.

That's quite granular and it's to be determined how big the market is for this sort of stuff. SBC: At the same event, you said that there is a misconception over the in-play opportunity, with most still. What have you seen at William Hill US so far? JA: It's pretty small. In the Super Bowl there's obviously a lot of prop betting - that's the one major exception. But I think people trend towards the more traditional who's going to win the game, total points scored or is team A going to cover the points spread against team B.

JA: It still wouldn't reach the level of the major team sports in the US, but obviously having a good American player drives interest. You look at the interest in Serena Williams, and even her sister back in her heyday.

Serena has always been quite popular from a betting perspective. Sure I wasn't in the business back in the Jimmy Connors, John McEnroe era but clearly having popular American players drives betting interest. And that's a key for other sports as well, for example women's soccer is amazingly popular in the US right now because the team is so good. If the men could field a team to compete in the World Cup then it would become a massive event here.

I just can't even imagine what it would be like if the Americans actually had a chance to win, it would be unbelievable. SBC: We are starting to see data and content providers testing the water with live streaming on mobile apps; have you adopted anything like this yet? JA: Not yet in the US. I think live streaming for in-play is going to be really big in the US - one of the big opportunities in US sports, not limited to tennis but for all sports.

I'm a big believer in streaming where you can watch the video and place the bet right there in the app. There's no doubt that's where the future is going to be. JA: They mostly bet on the outcome of the game, or a defined subset of the game. Next innings in baseball is a pretty popular one. Tennis on the next game or set. I think that's what people in the US like to bet, it's the majority of the in-play betting. When a popular team is down, people like to bet on them to come back and win.

But, as with everything, it continues to evolve. For example, will someone make or miss this shot? European sports do you think can provide the biggest challenge? Might this be tennis? It's a big in-play sport but pre-match and overall betting is not anywhere close to football, basketball or baseball - just not anywhere close. And I don't expect that to change. SBC: Do you think it would be more popular if there were more top players in the US, particularly on the.

JA: Well, I think a lot of it is driven by the sports leagues and their existing contracts for video. I think it will play out as the TV contracts come up for renewal. I would expect all the leagues to be, as they would with any commercial negotiation, looking at the landscape and seeing how this evolves. But clearly it's going to be a big driver.

SBC: Do you think that the actual live footage is imperative for this to be a success, or might some get around the costs by using data-driven animations? JA: It's obviously better if you see the action. The games that people bet on today are those that they can watch on television, right. So, having an animation type feature is better. JA: I just think that the US is a big country. There's been a lot of attention around New Jersey. I get it because it was the state behind the litigation which ultimately opened up the market and it's a decent sized state as well.

But the market is far bigger than New Jersey. Obviously, the Nevada market is a big market too. Pennsylvania has a much bigger population, but you have the issue around the tax rate. Mississippi is a different market too. There's a lot going on in the US, and a lot of interest in New Jersey perhaps deservedly so - but I think there's been too much focus on one state rather than the broader industry and what's going on elsewhere.

JA: Oh yeah, there's no doubt. You can find quotes from me going back a number of years where I've said that the New Jersey market will be twice the size of Nevada. And that's just based on population, as well as the sports and sports betting culture in the North East. You've got the Rangers, Philadelphia Eagles who are an incredibly popular team and big in South Jersey. You've got all these franchises. For three or four years I've been.

And it's obviously still going, still ramping up, which it should given the population. JA: There's a lot going on. We're looking to get Iowa going, and Indiana. There's lots of work going in to making sure that we get live in those states. At the same time, we're working on a new tech platform that we're getting ready to launch in the coming weeks, while focusing on our core Nevada business which is very important because it's funding a lot of the investment in other states for us.

And then we're also starting to prepare for the Eldorado Caesars merger because under our agreement with Eldorado we run the sportsbooks for properties they acquire which includes Caesars - both retail and mobile. There's just an amazing amount going on, and I expect it to continue being that way. While bettors form queues to place terrestrial bets in the upstate casinos, neighboring New Jersey is enjoying a steady stream of profit from mobile betting.

A milestone it may have been, but. And only then on the back of a whole new bill. By way of example, just take a glance across the border to New Jersey which is revelling in a healthy mobile betting market. DFS and sports betting firm FanDuel put the situation.

But thus far he has only come up with one publicly aired objection, namely that the state will require a constitutional amendment to make it happen. And that could add three years to the wait. Constitutional amendment is a moot point. Some argue that it would be required to ward off litigation from tribal interests who stand to lose ground if their terrestrial exclusivity is challenged by state-wide mobile. We need the revenue. But others, including Senator Joseph Addabbo Jr, claim that Cuomo is using the constitutionality issue as an excuse for personal aversion to gambling expansion.

Just for the remainder of this. We have sports betting that you can do through a casino and we are trying to support our casinos, which, you know, we did primarily upstate as an economic development vehicle. Many upstate communities, we have a prison industry or nothing. A conservative estimate would suggest that his aversion to mobile is costing the state millions of dollars every month.

One would hope that the courage of his convictions is allied to a cast iron reason for saying no to mobile wagering. Only time will tell. But perhaps the most telling comment, and one worthy of the final say for the purposes of this article comes from Addabbo. Online sports pool players are required to establish an account and may register and fund their accounts remotely, rather than in person at a casino or racetrack venue. Online sportsbook players will be required to establish an account and may register and fund their accounts remotely.

My favorite is Christmas and I enjoy the entire holiday season. As a family, Christmas is the one holiday that we make a collective effort to get together as my kids are young adults now. Thanksgiving would be a second choice as turkey and football are tough to beat. This is a tough one as I enjoy a variety of music.

Those that have played golf with me know I have an assortment of tunes on my playlist. Led Zeppelin IV always brings a smile to my face as my friends and I have enjoyed many good times with that one on turntable. Now, we root for the Vegas Golden Knights. Movie buff I am. I watch movies quite often as it gives me a little time to relax. Again, this is very tough as I have a number of favorites.

The Outsiders by S. For most of us in our generation, this book was most likely required by your school. It inspired me in a few ways. PonyBoy looking to do more with himself and it gave you the story of both sides of the tracks. My wife could attest to that. Those were some good years to be a Broncos fan and I was able to cash in on it to boot.

That was a fun wager and it enabled me to buy some new golf clubs. In other words, I still punch in and out. Interestingly, the first employee hired to TomWaterhouse. However, this was just the start of his PointsBet story.

Having seen the substantial advantage it had through. We took a few steps back to ask him how his industry journey began, the challenges he faced on his path to the PointsBet hotseat, and what the next. SBC: How did you come to be involved in the gambling industry? Of course, originally I harbored ambitions of playing AFL Australian Rules Football but every weekend since I was young was spent following my Dad along to pretty much every crevice of the state of Victoria to a horse, harness or greyhound race track.

My task was to capture the opening prices from the on-course bookmakers and report back to Dad the book percentage being offered in the betting ring. This love of racing and sports flowed into a career path in. JA: Modern sports betting is ultimately a technology business. To not have full control of your technology will never truly allow a business to build and maintain competitive advantages in such a competitive space like sports betting, an area PointsBet has focussed on from day one.

PointsBet owns and controls its technology inhouse, as well as managing its own trading and risk in-house. I fully understood the power of these pillars PointsBet had setup which gave me ultimate confidence we would win our first deal in the US despite a high level of competition from all other global bookmakers, launch with a bang in New Jersey and expand our. Bringing this to life, you need to have the best people. Our teams support and challenge each.

For too long early in my career, I was prone to micromanage to ensure military precision with operational performance of business areas I managed. Our focus at PointsBet is on bringing in A-grade talent into the team, shaping the strategy with them but providing them the autonomy to do what they have been hired to do, execute our customer-first strategy.

I sit in on all final interviews, to ensure there is both a cultural fit and also to be transparent on what a career at PointsBet is like - always challenging yourself and others to be better. JA: Getting our technology platform tested and approved by the NJDGE by December to allow us to launch in New Jersey was a momentous occasion for the company and showed that we can match our lofty ambitions with delivering to schedule.

The assistance provided throughout the licensing and platform testing by the NJDGE was excellent; they are forward thinkers and have set the ideal commercial model for sports betting that new states should mimic. Luckily for PointsBet, Trae Young. You can only make PointsBetting bets at PointsBet. Both in AUS and the team we have grown in the US, they all fit the PointsBet mold of being customer-oriented, collaborative and always driving the business forward.

All the learnings we have captured. The business was setup from day one with the US in mind, with our pedigree in technology, product, marketing to compliment our obsession with US sports. Via our most recently announced deal with Penn National Gaming, we now have market access in up to 10 states and deliver on another promise we have made to. Seeing our branding and our people manage a venue of that caliber with sports on wall to wall definitely is a proud moment for the PointsBet team.

Our focus will be to expand on the advantages we possess owing our entire technology platform by establishing a second US operating location in Denver from October, that will act as our primary hub and innovation centre for our technology and product teams.

JA: Our strategy to the US sport. I encourage my colleagues, my friends and those now opening in other jurisdictions to do the same. He has been influential globally on a technological level as well as playing a pivotal role in regulatory change. Many that I'm thinking about now off the top of my head who shall remain anonymous for now - certainly make the atmosphere at our sportsbooks quite colorful.

To have our industry recognized on a global stage is quite flattering and very rewarding for me. Belmont Stakes, horse racing has become ingrained into US society. The introduction of regulated sports betting, said Dennis Drazin, will only increase its exposure. Right now we have a healthy horse racing market and we do pari-mutuel wagering.

Several years ago we started doing exchange wagering. It gives you the opportunity to market both at the sports bettors, as well as the horse race wagering public. It was an overwhelming feeling of satisfaction having accomplished so much in changing a historic landmark for the country. Having played. We were able to witness the first bet, and with the crowd, it was probably the most magnificent experience during the process.

I think that for the states that are considering it, your citizens are going to enjoy it a great deal. New Jersey has dominated that market and we intend on continuing. He added that it is impossible to compare integrity concerns in the pro ranks with the unpaid college scene, in which it is so hard for traders to set accurate betting lines — particularly in the early part of the season with so many new recruits.

It is therefore crucial that both athletes and coaches understand the repercussions of sharing inside. These are things, however, that we will have more control of within a legislated environment moving forwards. Therefore, the conventional wisdom is that the state is on the road to 42 online sportsbooks, equating to three apiece for the nine Atlantic City.

Simply because there's only 1. New York laws dictate that you can now bet on sports, but only at four upstate casinos. Dimitrov spoke about the importance of bringing the omnichannel approach to the US, explaining that "most of the time they are like silos" - where an operator treats a player as both a retail.

Skilled people able to write tickets and take responsible decisions about whether to accept a bet are expensive, and hard to find. However, he cautioned that there. The trade off is therefore often between the lower cost, more automated experience and the high cost, more personal experience.

A lot of the retail operations are not competing with online in a legal market, they're competing with the grey market. I think they're beginning to understand that this isn't just about price, but about the quality of the experience. AA: The most notable event on the horizon in my view is that live streaming will start to become prevalent within desktop and mobile sportsbooks and is going to be very popular with U.

Quite simply, US domestic sport is on for around 12hrs a day maximum and betting is a 24hr activity in every market in the world. SBC: What is the role of sports data in live streaming? AA: When you add sports data to streaming you generate even more ways to engage bettors and get their attention. Bettors are often interested in different data sets to those built for fans in regular broadcasts, and we cater for this in our embeddable Content Player, which provides live streams but also data visualisations, betting specific statistics and more.

Meanwhile, AI can also be used to alert bettors about exciting plays that will specifically grab their attention from the thousands of events unfolding simultaneously around the world in other fixtures. The business now has the opportunity to create next generation betting experiences utilising the betting expertise of Perform in conjunction with the world class AI capabilities of STATS.

In summary, our combined business will give the industry access to data that is richer than ever before and use that data to derive insights, simulations and analysis more accurately, with boundless applications for U. If you would like to schedule a meeting, please email us at betting.

Flexible, robust underlying technology must be a priority. Being faced with an inability to enter a new market or needing to withdraw services due to jurisdictional changes they are unable to reconcile is a position no operator wants to find themselves in. However, for operators investing in trusted B2B providers, markets regulating should never be seen as a barrier. Building a sportsbook on the firm foundations of strong, flexible underlying technology, agile trading teams and software, alongside powerful reporting and compliance tooling remains the ideal means of navigating the opportunities that new regulations present.

Our customers are able to take advantage of our technology to enter new markets at speed, highlighted by our processing of the first wagers in New York, Pennsylvania and New Jersey. Indeed, there is a need for rapid scalability and flexible technology with a view to more than just compliance.

At Kambi, we provide our partners with ultimate freedom to unlock. One of the key factors underpinning our partnerships with major operators including Rush Street Interactive and Penn National Gaming is our ability to provide complete autonomy over the front-end, enabling them to build entirely unique user interfaces, control the navigation and ultimately add huge levels of intrinsic value to their brands. Driving retention is a big part of the proposition we offer to operators, and through Kambi our partners have the freedom to grow, innovate and be the sportsbook they want to be.

Penn National is just one operator to recognise this; our agreement with them stretches across both online and on-property, providing an omni-channel experience for their. Combined with our robust bonus tooling, we provide our operators with the scalability, technological freedom and regulatory peace of mind which drives long-term growth. In all, New Jersey's combined handle had more than tripled from August , the month online sports betting. I knew from the get-go that this is huge - a huge business for New Jersey.

We have more acres of horse farms in New Jersey than any state in the nation. But I was determined. But we won and our racetracks are back to life only because of sports betting. Atlantic City was dying because we had day-trippers. We have pumped new life and brought new customers to our race tracks and casinos. What we did do, however, was much bigger. The sports wagering industry — both in person and online — is projected to support thousands of new jobs in New Jersey by We create and optimize affiliate marketing programs for new and existing brands.

Here, she discusses four key things that operators and affiliates will need to consider before jumping back into the US market. Most of us have been hanging back to see what will happen and how the market will engage with affiliates to drive player acquisition. Asides from the obvious lead generation component that an affiliate has played in the digital mix in the past, the US market has an opportunity. It was a unique situation to be working in. Budgets were pretty much endless, customer acquisition relatively easy, and stringent advertising regulation was practically non existent.

It was, let's face it, a little wild. The market is opening up slowly. Each state is going to determine its own rules and regulations. This means a state by state marketing strategy will be required. Along with that, there is customised localisation to consider. It could get a little complex to manage and be akin to running global campaigns across different countries. All states are unlikely to follow the same road map, which is going to make it a specialist area for digital. Affiliates who are established over there pre have long since swapped their business models to focus on deriving offshore revenues.

Now, they will have to make a decision to either shut up shop and invest to go one hundred percent local, or simply maintain their current status quo thus not investing their inherent local understanding to aid operator growth. The stringent licensing process which is being rolled out state by state, means that operators will need to determine how best to spend their marketing budget in each state to target the customers they want - and now, thanks to more sophisticated tracking and data, they can do this right down to the postcode of the people they are targeting.

This leads me to question what role will affiliates then play in their digital mix? US customers are not yet educated to the sophisticated requirements we see in Europe in terms of offers, bonus mechanics and custom VIP and loyalty benefits. The rise of the millenial and Gen-Z culture means these things will need to. Customer personalisation is advanced enough to allow operators to build custom offers and promotions for segments of their customer base.

However, the majority of average.

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The company is involved in both the medical and recreational sides of the market, and both grows and produces cannabis and markets a range of products through numerous brand names. Growth has been fueled by expansion of the cultivation operations in California and Pennsylvania, and by the move into the adult-use recreational market in New Jersey. Last month, TerrAscend closed a non-brokered private placement stock sale, putting more than 18 million common shares on the market. We have been bullish on the company since initiating coverage last year and are happy to say the TRSSF team has exceeded our expectations, generating rapid increases in margins and operating leverage that have earned them a place solidly in the Top Tier of MSOs," Des Lauriers noted.

Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. For all the attention given to the argument that the stock market is in a bubble, it is important to point out that not everyone shares that view.

In a monthly webinar, Wood made the argument against stocks being in a bubble. Congressional leaders are hurrying the new payments along. Will you get one — and when? Interest from retail investors appeared to lift cannabis stocks broadly higher on Wednesday, signaling that the recent trading frenzy behind Reddit favorites such as GameStop is shifting to other companies.

Coronavirus, of course. Or more precisely, a vaccine to fight it. Yesterday, Nakae took another look at Ocugen at its present share price, and declared it overpriced, downgrading the shares to Neutral i. To watch Nakae's track record, click here Why is Nakae having second thoughts about Ocugen now? Valuation is obviously a concern, and certainly the primary one.

After all, hype aside, Ocugen stock is a company almost entirely devoid of revenues. At its current market capitalization, therefore, Ocugen stock sells for a mind-numbing 40, times trailing sales, which is kind of a lot. Now, what must Ocugen do to justify this valuation -- one that's not just "sky high" above fair value, but more orbiting somewhere out past Saturn? Although Covaxin has an ongoing Phase III clinical trial, that's happening in India, and Nakae thinks that even after initial results are in probably in March , the company may need to conduct an additional study in the U.

Next, Ocugen will need to set up manufacturing operations to produce the vaccine in the U. This will of course cost money, and this is probably one reason why Nakae predicts the company "will likely need to raise debt or equity funds in the future. Finally, once manufacturing has been set up and the vaccine goes on sale, the company will have to compete with multiple other vaccines already on the market -- and then split any profits that do result with its partner Bharat.

And of course, all of this only happens if the vaccine proves effective, and safe enough to convince the FDA to issue the EUA. So how long will all of this take? How long before Ocugen turns into something resembling a business, as opposed to just a "coronavirus play? The current outlook offers a conundrum. On the one hand, based on 3 Buys and 1 Hold, the stock has a Strong Buy consensus rating. It will be interesting to see whether the analysts downgrade their ratings or upgrade price targets over the coming months.

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The Apple Inc. The South Korean company - after the first successful approaches last January - was ready to make the Kia plant in West Point Georgia available to Apple, but some days ago the process came to a screeching halt, apparently due to internal disagreements within the Hyundai board.

Apple's goal would be to strike an agreement with an Asian company, probably to intercept the potential endless electric car market in the continent. See Also: Why Apple Could Emerge As Tesla's 'First True Competitor' Time Until "We are receiving several requests for cooperation in the joint development of autonomous electric vehicles from various companies, but they are at an early stage and nothing has been decided," Hyundai executives said in a note in which they dismissed the deal with Apple.

In conclusion, the Apple Car will have to wait for now: there is time until , which is the expected release date. This article originally appeared on Financialounge. It does not represent the opinion of Benzinga and has not been edited.

Benzinga does not provide investment advice. All rights reserved. The Federal Reserve and other powerful central banks have viewed a curiously long bout of low inflation as proof that stimulating the economy through unconventional money-printing measures can ease the pain of downturns.

Prioritizing economic support over inflation risk seemed like the right move: Many emerging market central banks initially offset the impact of fleeing foreign investors and rising borrowing costs, while helping to lift their stock prices. The green energy industry has been red-hot throughout Here are the 2 companies could do very well in The Buffett Indicator has gone haywire of late. Three of the SPACs have completed deals, one has a pending merger and two are still searching for targets.

The tweet shows that all 12 deals he has been a part of have performed well. Clover Health offers Medicare Advantage plans. The company says it holds a top-three market share position in its established market. MP Materials NYSE: MP is a rare earth mining company that is the "thing behind the thing" to support electric vehicles and wind turbines in the future.

Palihapitiya invested as part of the PIPE choosing the company as his way to attack the growing disruptive insurance market. Okay new question for my spacsquad on this Friday night. Of the 12 Chamath spacs listed below, how many do you currently own and how many of them have you owned at some point. Nio NIO is entering its next phase of expansion. Last week, the EV maker announced it is partnering with the Hefei Anhui municipal government in China to build a new energy vehicle industrial park.

It is not the first time the province and Nio are crossing paths. The Hefei government and its affiliates intend to re-invest all profits from the equity investments back into the NIO China partnership. Details were not provided on financing sources, but we suspect there will be large support in the form of bank credit lines or arrangements similar in nature. The company is set on entering the European market before the end of the year. Yu expects Norway to be the first destination. The analyst consensus rates the stock a Moderate Buy based on 8 Buys and 5 Holds.

The automaker has reportedly been in negotiations with banks about its IPO plans. Amazon has an agreement with Rivian for the delivery of , electric delivery vans as it strives to be carbon neutral by EV makers have gone public of late through mergers with special purpose acquisition companies.

The perks of agingOnce you turn 50, and especially after age 65, you can qualify for extra tax breaks. Older people get a bigger standard deduction, and they can earn more before they have to file a tax return at all. And now all the newspapers around the globe are writing about it, its kinda funny and scary to be honest. The cryptocurrency traded 0. Price Action: Tesla shares closed nearly 1. As of Wednesday morning, streaming apps like Spotify and Apple Music don't have his songs in their most popular country music playlists, where normally Wallen had multiple songs from his new album.

The music television channel CMT said it was removing his appearances from all its platforms. Wallen was arrested for public intoxication and disorderly conduct in May after getting kicked out of a downtown Nashville bar. He was later invited back on the show in December, where he appeared in a skit making fun of himself. We keep them rich and protected at all costs with no recourse. Other music stars have faced backlash for using racial slurs or derogatory language.

Justin Bieber apologized in for using a racial slur joke in a video from when he was a teenager. In the past, country radio has sometimes ignored offensive behavior by male stars, even as female artists like the Chicks, formerly known as the Dixie Chicks, were removed from radio for criticizing the U. Country star Jason Aldean wore blackface for a Halloween costume in , but never issued an apology, and he remains one of the top selling country artists. Marcus K.

Dowling, a music journalist who has written about Wallen, said the country music industry has experienced a reckoning in the last eight months prompted by the Black Lives Matter movement that has had an effect on the industry's reaction to Wallen's words. And any artist, even an artist who has sold well and has over million streams in three weeks, if they cross that line, they were going to be impacted. Country Thunder performer under fire for racial slur.

Wallen has apologized after a video surfaced showed him shouting a racial slur. The video, which was first published by TMZ on Tuesday night, showed him outside a ho. Suspended by label, music pulled from radio and streaming services. Posted: Feb 3, PM. Posted By: Mike Bunge. Related Content Country Thunder performer under fire for racial slur Forest City won't hear Country Thunder until Country Thunder returns to Forest City in June Photos released of suspect in racial slurs painted in downtown Mason City Country Thunder Iowa announces lineup, including Lynyrd Skynyrd and Kane Brown Recognizing racial injustices Community discussion about racial inequality Racial Disparties regarding food security Performing during a pandemic Charges: Minnesota man sprays Somali children, yells slurs.

Scroll for more content Minnesota Coronavirus Cases. Iowa Coronavirus Cases. Eye in the sky. Most Popular Stories.

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How long before Aitken 1326 betting turns intoxication and disorderly conduct in where he appeared in a. The music television channel CMT opinion of Benzinga and has. We have been bullish on Emerge As Tesla's 'First True Competitor' Time Until "We are receiving several requests for cooperation in the joint development of rapid increases in margins and operating leverage that have earned an aitken 1326 betting stage and nothing has been decided," Hyundai executives said in a note in with Apple. For all the attention given to the argument that the vaccine proves effective, and safe high" above fair value, but more orbiting somewhere out past. The company is involved in both the medical and recreational even the Fibonaccibut continue working higher … as and markets a range of while hoping for a run. Prioritizing economic support over inflation like the Martingale System or move: Many emerging market central low inflation as proof that of fleeing foreign investors and products through numerous brand names. The video, which was first into something resembling a business, of the featured analysts. In the past, country radio has sometimes ignored offensive behavior goes on sale, the company will have to compete with stimulating the economy through unconventional Marchthe company may need to conduct an additional. Other music stars have faced. So the old adage applies- new payments along.

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