Despite an overall decline in mergers and acquisitions (M&A) across the cannabis industry, a few states are bucking the trend, showcasing growth and resilience. Recent data from Viridian Capital Advisors provides a comprehensive view of this dynamic sector, highlighting intriguing patterns for cannabis investors. National Decline In M&A Transactions The national landscape reveals a stark reduction in M&A activity. The...

HONG KONG (Reuters) - Shares of China Evergrande New Energy Vehicle Group ( EVGRF ) plunged 27% on Wednesday after it said it faces the risk of losing key assets such as land and equipment. The subsidiary of developer China Evergrande ( EGRNF ) said late on Tuesday that local administrative bodies had demanded repayment of 1.9 billion yuan ($261.91...

(Reuters) - New Zealand will conduct an inquiry to assess competition in the country's banking sector, focusing on services in rural regions, Finance Minister Nicola Willis said on Wednesday. The decision comes after a draft report in March by the country's competition watchdog said New Zealand's four major banks provided limited competition for personal banking, and that a focus on...

WILMINGTON, Delaware (Reuters) - Elon Musk made billions of dollars by selling Tesla stock using insider information, an institutional shareholder accused in a lawsuit filed on Tuesday, asking the court to direct the Tesla CEO to return unlawful profits. The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package,...