What did we learn from last week’s Office of Cannabis Management’s (OCM) New York City Cannabis Conversation? A few things. But first, a refresher: earlier this year the OCM and the Cannabis Control Board rolled out a series of virtual community engagement meetings. The Cannabis Conversations are intended to allow: “New Yorkers [to] hear directly
The Annual Islamic Finance Innovation Day (IFID) Forum today announced that its third edition is set to take place in the Kingdom of Bahrain on 27 February 2022 under the Patronage of the Central Bank of Bahrain (CBB). The Forum will look at new cutting-edge Fintech innovative solutions are transforming investment in the industry both […]
Manama – February 5, 2022 – The 3rd Islamic Finance Innovation Day (IFID) Forum today announced Bahrain Islamic Bank (BisB) as the Exclusive Banking Partner. Taking place in the Kingdom of Bahrain on 27th February 2022 at the Gulf Hotel as a hybrid event, the Forum is being held under the Patronage of the Central […]
Though defeated in this round, the cannabis industry remains resilient in its fight for federal reforms. The removal of the SAFE Act from the defense bill is not the end of the road but rather another indication of the steep climb to federal cannabis law. Cannabis advocates and entrepreneurs need to use this opportunity to reset the conversation and seek a well-rounded bill that would ensure the capital is available to those who need it the most. Now that there is still a political advantage, advocates can point out other solutions that can be added to the bill to make the cannabis industry get access to funds at the state and local levels.
About a year ago, the first psychedelics-focused exchange-traded funds were debited on Toronto's NEO exchange. The ETF, Horizons Psychedelic Stock Index (NEO: PSYK), was launched to focus on the relatively new industry. Less than six months after this launch, Defiance ETF launched the Defiance Next Gen Altered Experience in the U.S. Due to the low-key state of the industry then, both ETFs remained passive and focused on tracking a periodically restructured index. The only active ETF in the U.S. psychedelic sector is the AdvisorShares Psychedelics ETF, launched in September by AdvisorShares.
On January 19, the cryptocurrency exchange, Gemini based in New York, announced that it had acquired Omniex trading technology platform to provide more institutional services to its clients.