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US Car Owners Drowning In Debt: Underwater Crisis Deepens, Delinquency Rates Rise

By Piero Cingari
December 18, 6:33 PM
U.S. car loan market is facing a challenge with rising interest rates & falling vehicle values. Borrowers are in a precarious position as their debt value is higher than car's market value. Auto loan debt is the third-largest consumer debt, & delinquency rate is at a record high.

KMX

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3 minute read

Young Americans Embrace ‘Buy Now,Pay Later’ For Holiday Spending: 5 ETFs To Watch

By Piero Cingari
December 18, 1:27 PM
Bank of America's Winter Spending survey reveals the resilience of younger generations in holiday spending despite tight budgets and adoption of 'Buy Now, Pay Later' services. Millennials and Gen Z least inclined to reduce spending, but deposit balances decreasing.

AFRM

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2 minute read

Ontario’s Cannabis Market Heats Up: Shiny Health Buys 10 Stash & Co. Weed Stores, Adding $7.5M To Top Line

By Jelena Martinovic
December 18, 10:24 AM
Shiny Health & Wellness Corp. has signed an asset purchase agreement with Karan S. Holla for his chain of 10 adult-use cannabis retail stores, Stash & Co. in Ontario. The agreement was signed on December 14, following a previously announced letter of intent in October. The Stash & Co. brand and dispensaries will retain their name and remain unchanged. Shiny Health plans to add the Stash & Co. brand to its existing cannabis consumer program to expand its reach to nearly 100,000 loyal customers. Meris Kott, CEO of Shiny Health & Wellness, expressed excitement about the acquisition and the potential for increased revenue and consumer reach. Shiny Health will continue to conduct final due diligence and finalize lease assignments as part of the transaction, which has a total consideration of CAD 1 million ($750,000), including cash and common shares. The completion of the transaction is subject to approval by the TSXV.

TSXV:SNYB

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3 minute read

A 2024 Investor Guide To New York’s Cannabis Market Expansion: The MSO Wealth Roadmap

By Nicolas Jose Rodriguez
December 15, 10:15 AM
Considering the significant growth potential in New York's cannabis market and the strategic positioning of Multi-State Operators (MSOs) highlighted in Zuanic & Associate's latest report, how might investors capitalize on

CCHWF

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2 minute read

Burna Boy’s Vapor Products Go Global: When Are They Hitting Nigeria, Ghana, South Africa, EU & UK?

By Jelena Martinovic
December 14, 12:43 PM
Ispire Technology Inc., a vaping technology company, has entered into a five-year exclusive global manufacturing and distribution agreement with lifestyle brand BrkFst. Under the agreement, Ispire will distribute and commercialize BrkFst branded vapor products, including a range of unique varieties and flavors. The products will be initially launched in Nigeria, Ghana, and South Africa, with plans to expand to the European Union and United Kingdom in 2024. Ispire is known for its innovation in vaping technology and holds over 500 patents in the industry. This collaboration aims to offer consumers exclusive vaping technologies and products.

HPCO