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25 items- NEWSNY Gov Hochul's Latest Crackdown On Illicit Cannabis Operations Has The Big Apple In Its CrosshairsNew York authorities would be given expanded power to shut down illegal pot shops and levy fines of up to $200,000 under legislation proposed Wednesday by Gov. Kathy Hochul, who is making yet another attempt to protect the stalled legal weed market. The attempt is part of the push to get the state’s potentially billion-dollar adult legal market moving. So far only three legal shops have opened in New York City and two upstate NY. “The continued existence of illegal dispensaries is unacceptable, and we need additional enforcement tools to protect New Yorkers from dangerous products and support our equity initiatives," Hochul said in a statement. Hochul created a $200 million public-private
- NEWSBiden's Health Secretary Stalls On Completing Marijuana Review By 4/20Xavier Becerra, Biden's secretary of Health and Human Services (HHS) signaled this week that marijuana's federal scheduling status is not likely to be reviewed prior to 4/20, the unofficial cannabis holiday, reported Marijuana Moment. In a recent interview with KDKA-TV Becerra said "we're going to try to move quickly," even though he did not explicitly answer whether the HHS would take any action on the issue by April 20. "It's got to go through a number of hoops and, again, safety and efficacy are what will drive this determination, so stay tuned," the secretary said. Becerra has said in the past that the department would review the status of cannabis as a Schedule I drug as well as unde
- NEWSAs Twitter Moves Forward With Cannabis Advertising, Meta Really Should Get With The ProgramTwitter Inc's (NYSE:TWTR) decision to accept cannabis ads represents a massive change that put the social media app on the frontiers of cannabis advertising, which will no doubt be huge. Other advertising giants like Meta Platforms Inc (NASDAQ:META) would be wise to follow suit. However, due to the federal prohibition against cannabis and strict state regulations, Mark Zuckerberg's social media platforms refuse to treat cannabis like any other consumer product category. Meta is clear: it doesn't allow ads that promote or offer the sale of THC (Tetrahydrocannabinol) products or cannabis products that contain related psychoactive components and CBD (Cannabidiol) products or similar cannabino
- NEWSElon Musk's Decision To Allow Cannabis Ads On Twitter: It's A New Frontier And Benzinga Is Part Of ItElon Musk made headlines last month by allowing ads for CBD and THC products on Twitter Inc (NYSE:TWTR), the social networking giant he recently acquired. Now, two Twitter execs, Alexa Alianiello (Twitter US Sales & Partnerships) and Rohan Routroy (Twitter NEXT) will share more insights on how to plug into the platform and connect with a leaned-in customer in their featured keynote session at Benzinga This is the first time Twitter will be meeting with cannabis industry executives to discuss the role the social networking giant will play in our industry, being the first platform in the social landscape to open the door to cannabis advertising. Cannabis Capital Conference which is returni
- NEWSElon Musk Tweets A Simple Yet Powerful Pro-Marijuana Message, Reaches Millions Around The WorldOne of the most influential CEOs in the world whose statements alone managed to move the needle and create a change has once again expressed his unambiguous support for cannabis. This time, with just three numbers Elon Musk promoted marijuana for free, reported TheStreet. His "420" tweet on Saturday resonated with Twitter users worldwide, as over 65 million users have already viewed it. April 20, known as "420," is the unofficial holiday celebrated by marijuana users. 420 — Elon Musk (@elonmusk) February 4, 2023 Musk's Outspoken Support For Cannabis Even though he is not a regular consumer and has said it is not good for productivity, at least not for him, Musk has been asking the rig
- NEWSGoogle Ads For Cannabis: New Policy Change To Allow Advertising In These StatesAlphabet Inc.’s (NASDAQ:GOOG) Google opted to kick off 2023 by lifting bans on cannabis advertising in certain parts of the U.S. “On January 20, 2023, the Dangerous Products and Services and Healthcare and Medicines Google Ads policies will be updated to allow for the promotion of FDA-approved pharmaceuticals containing cannabidiol (CBD) and topical, hemp-derived CBD products with THC content of 0.3% or less in California, Colorado, and Puerto Rico,” the company announced last week. Google intends to update its advertising policies as part of a deal with an internet and payments compliance company, LegitScript. However, “certain formats, including YouTube Masthead, will not be eligible fo
- NEWSBoobs And Bud: Is It Time To Go Back To Tumblr? Weed Friendly Social Network Allows Nudity AgainBy Marian Venini Via El Planteo Without a doubt, the world of social networks is increasingly revolutionized. While some increase their restrictions (Instagram, we are looking at you), others abandon them almost completely, as is the controversial case of Twitter (NYSE:TWTR). However, there is a social network that seems to have found the sweet middle ground. The microblogging platform Tumblr (whose popularity peaked between the late '00s and early ‘10s), known for its lax regulations regarding cannabis, announced that it will allow nudity again. As Dazed reported, the platform officially changed its regulations on October 31. The next day, a statement from the company announced: "We now
- INSIDERSEC Form 4: Agrawal Parag returned 927,806 shares to the company, closing all direct ownership in the company4 - TWITTER, INC. (0001418091) (Issuer)
- INSIDERSEC Form 4: Gadde Vijaya returned 1,097,589 shares to the company, closing all direct ownership in the company4 - TWITTER, INC. (0001418091) (Issuer)
- INSIDERSEC Form 4: Segal Ned D. returned 945,546 shares to the company, closing all direct ownership in the company4 - TWITTER, INC. (0001418091) (Issuer)
- NEWSBenzinga Jose: Tech Tasty Or Tech Risky? My Take On Tech StocksWishing you all a great first of the month for December 2022. Looking at how November ended, we could be in for an interesting end to the year. The indices pushed up further at the end of trading on Wednesday, bringing November to a strong end. The Nasdaq had the strongest day out of the three major indices pushing up over 4.5%. What does this mean for the tech sector? As a trend follower, this means very little to me. I prefer to wait for the S&P 500 to confirm a bull market and then look for the strongest stocks in the strongest stocks. Regular readers of my blog will know that I particularly like to look for stocks that meet the following criteria: A solid history of performanc
- NEWSCarl Icahn Was Buying Twitter Shares Before Musk's Big News, Now He Holds These 2 Dividend StocksCarl Icahn became known as the “corporate raider” in the 1980s, after profiting from the hostile takeover and asset stripping of Trans World Airlines. Icahn is the founder and controlling shareholder of Icahn Enterprises (NASDAQ:IEP), which is run by the investment subsidiary Icahn Capital LP. Icahn Capital was building a stake in Twitter (NASDAQ:TWTR) before Elon Musk offered to buy it in April, Icahn told CNBC, "The stock went down a little bit, so I was starting to buy stock, then I felt I would try to get on the board of it." Icahn also said that Musk was the perfect guy to purchase the social media platform and that if he was asked, he might have joined Musk by investing $1 billion. I
- INSIDERSEC Form 4: Li Fei-Fei returned 16,730 shares to the company, closing all direct ownership in the company4 - TWITTER, INC. (0001418091) (Issuer)
- NEWSEXCLUSIVE: Gene Munster Says Apple, Tesla Are Standouts Among Mega-Cap Tech — Why 'Optionality' Will Drive Future GrowthBig tech is out of favor amid current market conditions, but one analyst said it's only a matter of time before investors regained an appetite for growth. What Happened: Loup Funds' Gene Munster anticipated weakness in tech stocks in the short term, but he thinks money will flow back into the group as investors ultimately salivate at the growth opportunities in big tech following multiple compression. "Investors are human and humans like things that are growing," Munster said Tuesday on Benzinga's "PreMarket Prep." The Loup analyst expected a rotation back into mega-cap tech in 2023, but he noted that he doesn't foresee all of the names benefiting equally. "There are a couple companies
- SECSEC Form 15-12G filed by Twitter Inc.15-12G - TWITTER, INC. (0001418091) (Filer)
- NEWSSony Expects To Earn $300M From Its PC Releases, But How? Does The Strategy Of 'Recycling' Playstation Games On PC Work?By Flor Orsetti Re-releases of first-party PlayStation titles on PC had been climbing the rankings until "Uncharted" and "Sackboy" arrived. What happened? PC gamers, particularly PC users, will know that Sony (NYSE:SONY)'s PlayStation has been spoiling them with several re-releases of previously exclusive, high-profile titles, for quite some time. Rinse And Repeat Games like "Horizon Zero Dawn," "God of War," and the most recent "Marvel's Spider-Man" turned out to be a success, staying among the best sellers on the Steam platform for a considerable time. In fact, "God of War," held the first place for several consecutive weeks, beating new releases like "Elden Ring" and "Monster Hunter R
- NEWSGilead Sciences Says In The Process Of Pausing Advertising On Twitter- Reuters
- NEWSTop Ten Wall Street Bets Mentions This Weekend: GME, META, LIVE, SDC, AAPL, AMD, AMZN, ABNB, TSLA, TWTR
- NEWSElon Musk's First Tweet After Twitter Layoffs: 'No Choice When Company Is Losing'Amid plunged into turmoil, the much-anticipated layoffs at Twitter Inc (NASDAQ:TWTR) CEO Elon Musk now seem to be defending his decision to sack almost 50% company's workforce across the globe. On Friday, Twitter reportedly laid off thousands of employees in departments across the company, including more than 983 employees in California, according to CNBC. The ongoing layoffs are expected to ultimately affect about 3,700 people. Twitter employees from departments including marketing and communication, AI, search, public policy, wellness, and other teams tweeted about having been let go. Musk, also Tesla Inc's (NASDAQ:TSLA) CEO, has reportedly been sued over his plans to eliminate its work
- NEWSKanye, Get A Grip! Taking On Shaquille O'Neal's Business Practices Not A Great Idea But What Else Is New?Shaquille O'Neal shot back at Kanye West after the Trump-supporting rapper publicly opined on the NBA Hall of Famer's business affairs. After getting bumped recently from Instagram and before that Facebook/Meta (NASDAQ: META), West took his griping to Twitter (NYSE:TWTR). On Thursday, reported XXL, West was apparently attempting to expose bad business practices in the entertainment industry and decided to dump on Shaq. O'Neal is in business with Jamie Salter, the Canadian billionaire CEO of Authentic Brands Group, which bought Adidas' (OTCQX:ADDYY) Reebok brand in August 2021 for approximately $2.5 billion. "Jaimie first said he’s 50/50 with David Beckham and 50/50 with Shaq. I said 'Ja
- NEWSElon Musk Tweets 'Twitter Has Had A Massive Drop In Revenue, Due To Activist Groups Pressuring Advertisers, Even Though Nothing Has Changed With Content Moderation And We Did Everything We Could To Appease The Activists.'(6) Elon Musk on Twitter: "Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists. Extremely messed up! They’re trying to destroy free speech in America." / Twitter
- NEWS"Elon 'DogeFather' Musk Reportedly Tells Twitter To Pause Crypto Wallet Efforts" - GizmodoMusk Reportedly Tells Twitter to Pause Crypto Wallet Efforts (gizmodo.com) Twitter is refocusing all its efforts on making the most money in the shortest possible time, according to some reports. The tech blog Platformer reported late Thursday based on unnamed sources supposedly from within Twitter that the social media app’s new owner Elon Musk has truly shaken up the product roadmap. Apparently, Blue team is supposed to work through the weekend to come out with its $8 paid verification system (AKA paid-for blue checkmarks) by Monday. Though much of the report states that these are just early stages of consideration, Platformer states that Musk also wants to pause the long-form writing p
- NEWSMusk's Twitter Cost Cut Plot Could Impact Google Cloud Services As He Orders To Cut Infra Costs By $1BTesla Inc (NASDAQ:TSLA) CEO Elon Musk has ordered Twitter Inc's teams to find up to $1 billion in annual infrastructure cost savings raising concerns that Twitter could go down during high-traffic events like the U.S. midterm elections. Twitter must find between $1.5 million - $3 million a day in savings from servers and cloud services, Reuters reported citing Muck's Slack message, which referred to the project as the "Deep Cuts Plan." Also Read: Twitter Blue Members To Lose Access To Ad-Free Articles As Musk Revamps Business Model Post Takeover Twitter currently lost about $3 million a day "with all spending and revenue considered," according to an internal document. The steep infrast
- NEWSDogecoin Sinks 10% As Elon Musk's Twitter Reportedly Suspends Work On Crypto WalletTwitter (NYSE: TWTR) is reportedly halting its plan to launch a cryptocurrency wallet, days after Elon Musk announced a plethora of changes since taking over the microblogging platform. The news appears to have significantly dented Dogecoin (CRYPTO: DOGE). What Happened: According to Platformer, a recently revealed plan to build a cryptocurrency wallet for Twitter appears to be on pause. As a result, DOGE tumbled 10.86% in the last 24 hours. DOGE is trading at $0.1188, at the time of writing Musk has been a vocal supporter and an active DOGE investor. In fact, since his Twitter acquisition, the meme coin has skyrocketed over 150% between Oct. 25 and Oct. 29. See More: Is Dogecoin a Good I
- NEWSMarijuana Regulators In Nevada, Colorado Market, Cannabis Education New Mexico, California GrantCannabis Consumption Lounge Licenses In Nevada Last year, Gov. Steve Sisolak (D) signed a bill from Assemblyman Steve Yeager (D) legalizing consumption lounges in Nevada. In June, The Nevada Cannabis Compliance Board (CCB) approved regulations that allow cannabis consumption lounges to have their licenses and operate in the state. Since then, existing retailers were waiting to apply for a license category to incorporate lounges into their existing operations. On October 14, the CCB started accepting applications, for the state’s first-ever cannabis consumption lounge licenses, closing submissions on October 27. The state's cannabis regulators received 100 applications during that short su