Mistie Bugarin

Mixed Stock Performers, Big Financings, Platform Launches, And More

This was a mixed week for cannabis stocks, with some ETFs in the green and others in the red.

Over the five trading days of the week:

  • The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 1.4%
  • The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was up 0.8%
  • The Cannabis ETF (NYSE: THCX): was down 2%
  • The Amplify Seymour Cannabis ETF (NYSE: CNBS): gained 1.2%
  • The SPDR S&P 500 ETF Trust (NYSE: SPY) was down 1.2%.

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) entered the Pennsylvania market via the acquisition of PurePenn LLC and Pioneer Leasing & Consulting LLC Keystone Relief Centers LLC (Solevo Wellness) for $46 million and $20 million, respectively. In addition, the company would provide up to approximately $60 million and $15 million in its shares, depending on the achievement of particular EBITDA milestones, both parties agreed on.

Tulieve also secured CA$100.4 million in financing through an underwritten offering

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‘WRC 9’ Let’s You Jump Into The World of Pro Rally

Photo credit: WRC9
Photo credit: WRC9

From Autoweek

Going to a stage rally to watch cars—with more aero than a jetliner—fly through the air on jumps and slide sideways on narrow mountain roads is fun. Now, driving one of these top-level WRC cars at this level is both financially and technically out of reach for most of the sport’s fans. However, the WRC video game series gives you a taste of what these teams experience on a race weekend. And the latest installment, WRC 9, gives the most accurate digital recreation yet.

With WRC 9, the team at Kylotonn worked with publisher Nacon to expand on the experience of last year’s game. Naturally, the tracks follow what you’d see in the actual WRC calendar. That means you’ll experience classics like Monte Carlo and Wales. But, it wouldn’t make sense for the folks making this to not include new races in

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L.A. suffered deadly heat, yet chairs sat empty at its cooling centers

The thermometer at Calvary Church in Woodland Hills registers 117 degrees during a heat wave last month. <span class="copyright">(Al Seib / Los Angeles Times)</span>
The thermometer at Calvary Church in Woodland Hills registers 117 degrees during a heat wave last month. (Al Seib / Los Angeles Times)

Despite scorching temperatures that shattered official records and led to deaths on the street, many chairs ended up sitting empty at the handful of city cooling centers set up to spare Angelenos from the blistering heat.

Fewer than 300 people used the six centers that were set up at Los Angeles city facilities over the Labor Day holiday weekend — averaging fewer than 11 visitors daily at each site, according to numbers provided by the office of Mayor Eric Garcetti. One cooling center in South Los Angeles had no one stop in at all on Labor Day or the previous Friday.

Homeless advocates and city leaders who have pushed for more cooling centers and other aid for unhoused people during heat waves say that such facilities are

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‘A six-point solution for post-pandemic travel for Mumbai’



a man smiling for the camera: MC Chauhan, ex GM-NCR


© Provided by Mid-Day
MC Chauhan, ex GM-NCR

Speeding up rail expansion projects, increasing speed, construction of Metro lines faster, including cycling and walking lanes and complete digitization of the ticketing system are among the six-point solutions for post-pandemic commute in Mumbai highlighted by senior railway official who has also been a former divisional manager in Mumbai and the head of Kolkata Metro.

M.C. Chauhan, who was also the former General Manager of North Central Railway, said the Mumbai suburban railway carries 7.5 million commuters per day and is one of the busiest commuter rail system in the world. During peak hours, these trains carry 14 to 16 passengers per square metre of floor space while the recommended capacity is of four passengers per square metre.

“It is, therefore, imperative to expedite the execution of works under Mumbai Urban Transport Project (MUTP) Phase 3 and 3A, to reduce peak-hour loads

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Cricket Australia decides to use the on-site hotel at the Adelaide Oval as the quarantine centre for the Border-Gavaskar series

With the Australian summer of cricket around the corner, Cricket Australia has begun planning towards getting the players quarantined and ready for the busy season ahead. The Australian summer which will be topped off by a marquee Border-Gavaskar series is expected to attract major eyeballs from the cricketing world, not just in terms of the profile of the teams involved, but because it shall also serve as a test of Cricket Australia’s ability to deal with the new normal.

With big prospects at stake, Cricket Australia has decided to use the on-site hotel at the Adelaide Oval as a bio-secure bubble according to reports in the local Australian media. The venue will act as a quarantine location for the players returning from the tour of England. The tour of England is scheduled to conclude on the 16th of September, and the players who are not part of the IPL touring

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Vote-by-Mail Dropbox Update For Westfield And Union County

WESTFIELD, NJ — Union County Board of Elections Administrator Nicole DiRado announced the locations of two additional ballot drop-off boxes for the Nov. 3 General Election, bringing the number of drop-off boxes in Union County to nine. Over the coming weeks an additional 13 locations will be announced, for a total of 22.

The locations of the nine installed drop-off boxes are:

  • Berkeley Heights – Snyder Avenue Park, 240 Snyder Avenue

  • Clark – Clark Recreation Center, 430 Westfield Avenue

  • Cranford – Cranford Community Center, 220 Walnut Avenue

  • Elizabeth – Union County Administration Building, 10 Elizabethtown Plaza

  • Rahway – Rahway Recreation Center, 275 East Milton Avenue

  • Roselle Park – Union County EMS Building, 535 Laurel Avenue

  • Plainfield – Plainfield Municipal Building Parking Lot, 515 Watchung Avenue

  • Union – Union Township Municipal Building Rear Entrance, 1976 Morris Avenue

  • Westfield – Fraser Building, 300 North Avenue East

“When all 22 ballot drop-off boxes

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Retail rebound lost pace in August

Retail - Simon Dawson/Bloomberg
Retail – Simon Dawson/Bloomberg
Markets Hub embed test
Markets Hub embed test

01:02 PM

Wrap-up

It’s quiet out there, and we’re wrapping up early.

These were some of the day’s top stories:

  • Retail sales rebound slows: The recovery in UK retail sales slowed during August, with total sales up just 0.8pc compared to July. Online sales continue to boom, but demand in other sectors remains fairly depressed.

  • TikTok and WeChat to be banned in US app stores from Sunday: Americans will be unable to download popular Chinese apps TikTok and WeChat from US app stores from midnight on Sunday. 

  • London Stock Exchange in talks to sell Borsa Italiana: The London Stock Exchange Group (LSEG) has announced it is in exclusive talks with Euronext over the sale of its Italian business. 

  • Investec to axe 210 jobs in London: Investec will axe 210 jobs at its London headquarters as the banking and wealth management firm warned

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U.S. Cases Rise 0.8%; Texas Nears 14,000 Deaths: Virus Update

(Bloomberg) — The virus is surging among the young in the U.K., as France’s prime minister warned of a “clear degradation” with more than 9,000 cases reported for a second day. Israel is headed for a second national lockdown.

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U.S. cases rose 0.8%, above the 0.6% average daily increase of the previous week. Florida is taking further steps to reopen its economy, announcing that bars will be allowed to operate at 50% capacity. Miami schools seemed poised to reopen, even as the state’s daily cases ticked up slightly. Texas neared 14,000 deaths.

U.S. doctors recommend cardiac screening tests for competitive athletes who have recovered from Covid-19 after a small study found heart damage in 1 in 7 college sports competitors.

Key Developments:

Global Tracker: Cases surpass 28.2 million; deaths exceed 911,500Trump’s stimulus end run fizzles as firms spurn payroll tax haltVolatility in vaccine support highlights looming Covid challengeThe

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Virgin Hotel project for downtown Palm Springs postponed

News

The Virgin Hotel project in downtown Palm Springs has been postponed, city officials announced Tuesday evening.

The 69-foot, 142-room hotel has been in the works since September 2015 and it was planned to be located just north of the Kimpton Rowan Hotel. The project has faced numerous delays, mostly brought about by the arrest of developers John Wessman and Richard Meaney and then Palm Springs Mayor Steve Pougnet.

Meaney and Wessman are accused of paying Pougnet $375,000 worth of bribes for favorable votes in 2012 and 2014 relating to projects of the two developers.

Learn more about that corruption case in our Scandal at City Hall section

In 2017, the hotel was originally set to be built by 2020 following delays but just last year, the project deadline was pushed back to 2021.

On Thursday, City Attorney Jeffrey Ballinger announced yet another major change in the much-delayed project.

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30 Amazing Jobs That Didn’t Exist a Decade Ago

More than 55 million Americans have filed for unemployment since the beginning of the coronavirus pandemic, and even though the number of people filing has been decreasing since it peaked in April, people are still losing their jobs.

If you’re out of work, you might be considering a career change. There are a number of nontraditional jobs you might not even know about because they are so new — many of which you can do from home.

These jobs have cropped up over the past decade thanks to the founding of now-popular companies that didn’t even exist 10 years ago, like Bird scooters (founded in 2017), Instagram (launched in 2010) and Lyft (launched in 2012). See the new roles companies are hiring for.

Last updated: Sept. 17, 2020

Virtual Assistant

Virtual assistants perform the typical duties and services of an assistant, except instead of going into the office every day,

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