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Altisource Asset Management Repurchases Preferred Shares In Settlement With Luxor Capital; Luxor Surrenders All 144,212 Of Its Preferred Shares, A $1M Cash Payment Now, Plus 3 Promissory Notes: $2M Due In 3-Years; $3M Due In 5-Years; And$6M Due In 8-Ye…

By Benzinga Newsdesk
January 16, 12:55 PM
Altisource Asset Management Corporation ("AAMC" or the "Company") (NYSE:AAMC) announces that it has settled litigation with Luxor Capital Group, LP and related entities (collectively "Luxor") in respect of the Company's

AAMC

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12 State Attorneys General To DEA: Reschedule Marijuana To ‘Defend Public Safety,’ Cannabis Stocks Jump

By Maureen Meehan
January 12, 5:19 PM
In a major development in the ongoing debate over marijuana policy, 12 Democratic state attorneys general have formally requested the Drug Enforcement Administration to move cannabis from Schedule I to Schedule III of the Controlled Substances Act.

MJ