Appetite for Crypto Sector Still Going Strong as Valuations Rise
Cryptocurrency exchange FTX saw its valuation soar to $32 billion in a new funding round announced on January 31, underscoring continued appetite for the sector. The Bahamas-based company raised $400 million in a Series C ... [Read]
Decentralized Finance Space Heats up With Launch of World’s First DeFi ETF
The decentralized finance (DeFi) space is continuing to heat up, with the world’s first ever exchange traded fund (ETF) launching this month. Hashdex, a Brazilian asset manager, is launching an ETF fund in collaboration with ... [Read]
Companies Kick Off Veganuary With New Food and Tech Offerings for Growing Market
For the first time in history, there’s now a monthly health cause wrapped around veganism called Veganuary, which started in January 2021. A record number of people, including meat-eaters, participated in this challenge to experiment ... [Read]
Senate Bill Decriminalizing Psychedelics Could Help Reverse Some ‘War on Drugs’ Impacts
The global need for effective mental health treatment has led to the growing push for the legalization of psychedelic therapies, pushing the market into the mainstream. Last week, Michigan Senator Jeff Irwin introduced legislation that ... [Read]
PaaS Stocks Boom as Demand from Small Businesses Increased
91% of small businesses will engage in some form of digital marketing in 2021 in response to changing consumer behaviour due to the COVID-19 pandemic. As small businesses seek to increase their digital marketing initiatives, ... [Read]
North American Crypto Miners Experience Boost Following China’s Crackdown
China’s crackdown on bitcoin mining has given miners outside China tremendous opportunity and crypto miners around the world are jumping on the opportunity to expand their operations. Before the crackdown, China held the helm of ... [Read]
Bezos-Backed Brand NotCo Expands AI Plant-Based Milk Distribution
The plant-based milk industry is showing no signs of slowing, with new innovative products hitting the shelves of major grocers every day. Plant-based milk companies like the Jeff Bezos-backed plant-based startup NotCo and Else Nutrition ... [Read]
Cannabis Companies Prepare for Explosive Growth Following Federal US Legalization
At least 18 states in America have legalized recreational marijuana and 37 have legalized different forms of medical marijuana thanks to the growing push for legalization at the state and federal levels. If passed, the ... [Read]
Psychedelics Gain More Traction as New Research Aims to Address Chronic Pain and Mental Illness
The early 1970s saw psychedelics and psilocybin products made illegal in the US in the war on drugs. Decades later, new research indicates the medical potential of psilocybin and psychedelics in the treatment of chronic ... [Read]
Psychedelic Decriminalization Creating Market Opportunities
What was once a war on drugs has turned into a public push for the decriminalization and legalization of illegal drugs with potential therapeutic benefits. Legalization efforts began with marijuana in 2018, creating a booming ... [Read]