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Uber Eats Begins Cannabis Deliveries In Toronto Via Leafly Partnership – Leafly Holdings (NASDAQ:LFLY), Uber Technologies (NYSE:UBER)
Starting Monday, Oct. 17, Uber Eats UBER will begin delivering cannabis in Toronto, the company announced on Sunday. In a partnership with cannabis website Leafly LFLY, this will be the first time in the world that cannabis delivery is available on a major third-party platform. UberEats will start off delivering to customers in Toronto from three retailers — Hidden Leaf Cannabis, Minerva Cannabis and Shivaa’s Rose. “We are partnering with industry leaders like Leafly to help retailers offer safe, convenient options for people in Toronto to purchase legal cannabis for delivery to their homes, which will help combat the illegal market and help reduce impaired driving,” said Lola Kassim, general manager of Uber Eats Canada, reported GlobalNewsCa. Uber…
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Cannabis Companies Winning Lower Priced Debt Deals
Hashish organizations are putting up strong income growth and, in carrying out so, profitable far better debt specials. Legal U.S. hashish income surpassed $17.five billion in 2020, a 46% spike from 2019, according to Canaccord Genuity. Analysts at Cowen estimate once-a-year authorized income will get to $41 billion by 2025. In California, the nation’s major industry, 45% of inhabitants reported this calendar year they get hashish, up from 33% in 2020, according to hashish analytics business BDSA. Very similar upward tendencies developed in other states with authorized leisure hashish, pointing to ongoing momentum. The income toughness helps make hashish organizations additional appealing to loan companies. For 1, Eco-friendly Thumb Industries…