Marijuana legislation in Canada is going to take a little longer than expected. The nation's health minister says the law will go in effect closer to August. Alan Brochstein, Founder of New Cannabis Ventures and 420 Invest, explains the market opportunity he sees in this emerging market.
"I think its actually a positive because right now there's not a lot of inventory out there," said Brochstein. "If we want this to be a really good transition these companies need to be built up."
This week a major Canadian insurance company announced plans to add medical marijuana coverage. Sun Life Financial will cover this type of treatment in group plans starting in March.
"The world is their oyster right now," says Brochstein about the market opportunity for Cannabis in Canada. "I wish we'd (United States) would move toward Canada, but slow progress is better than no progress."
With the release of Apple's iOS 16.4 on Monday, a new batch of 31 emojis are now available to those who like to spice up their texts. The line-up includes new animals such as a donkey, a moose, and a goose; new heart colors, including the much-requested plain pink heart; and other oddities such as a biting lip, a melting face, and a pregnant man.
Apple Pay is getting in on the buy now pay later boom with a feature allowing users to split purchases into four separate payments over six weeks at no additional cost or interest.
San Francisco-based technology startup Illumix just closed a $18 million Series A round of funding, and in a rare move for the Shark Tank star, Mark Cuban contributed.
