Canopy Growth to buy Acreage in $3.4 billion cannabis deal

Canopy Growth Corp announced on Thursday that they’ve secured the right to buy Acreage Holdings Inc in a deal worth $3.4 billion once the United States legalises the production a sale of cannabis throughout the country. As it stands the recreational use of cannabis is legal in 10 states and the District of Columbia as… Read More Canopy Growth to buy Acreage in $3.4 billion cannabis deal

Apple’s new gaming service could cost them over $500 million

Apple could end up spending over $500 million on their upcoming game streaming service, Apple Arcade, the Financial Times reports. Apple Arcade, which was announced alongside Apple TV+, will feature over 100 games. According to several people familiar with the matter Apple has a budget of millions of dollars for each game which means their… Read More Apple’s new gaming service could cost them over $500 million

Jumia: The ‘Amazon of Africa’ stocks climb over 75% on first day of trading

Jumia Technologies, also known as the Amazon of Africa, is an e-commerce African unicorn that debuted on the New York Stock Exchange yesterday. The company, which is the largest e-commerce operator in Africa, started the day with a stock opening price of $14.50 and by the end of the day the stock was up by… Read More Jumia: The ‘Amazon of Africa’ stocks climb over 75% on first day of trading

Apple’s upcoming TV streaming service won’t include Netflix subscriptions

Netflix’s chief executive Reed Hastings revealed on Monday that Netflix Inc won’t make it’s TV shows and movies available through Apple Inc’s upcoming television streaming service Reuters reports. Apple is planning on unveiling a video streaming service at an event on March 25. The move is something that even Netflix themselves have admitted will be… Read More Apple’s upcoming TV streaming service won’t include Netflix subscriptions