Via Sky Financial News Chinese eSports giant Mars Media announced that Valve’s first Dota 2 Major will be produced by them. The announcement, made on Sept. 20th, revealed that the event will take place in Chengdu, China, and will span from November 16th to November 24. The event will be named “MDL Chengdu Major”, will boast a $1,000,000 prize pool and will have 15,000 DPC … [Read more...] about eSports Watch: Chengdu will host first major of DOTA season
New Markets
California’s illegal sales continue to hinder legal market
Vie Sky Financial News "The real underlying problem is that there’s insufficient licenses address to market demand." -WeedMaps CEO The marijuana black market continues to pummel the now 2-year-old legal one in the state of California. Legal license holders are outnumbered by a ratio as high as 3-to-1, as per a report released by their guild this month. Weedmaps, a … [Read more...] about California’s illegal sales continue to hinder legal market
Legal cannabis taxing: Springfield to fund pensions with part of recreational taxes
n the brand-new landscape of legal recreational cannabis, governmental use of the taxes collected from the new industry shows constant innovation. Such is the case of Springfield, IL, which has decided to partially fund its pension program with a fraction of the tax money that marijuana brings into the city’s coffers. The final number are still in tally, as … [Read more...] about Legal cannabis taxing: Springfield to fund pensions with part of recreational taxes
Bumps and Other Growing Pains
Via Sky Financial News The intended win for governments in the journey towards legalizing Cannabis is tax revenue. Different political ideologies approached this perceived windfall in their own way. In their brain trust was the thought about controlling the whole distribution chain would give them control. Some were draconian while others were lighter in their … [Read more...] about Bumps and Other Growing Pains
Living in a Crowded Elevator
The video subscription space continues to get crowded as more platforms begin to offer content. Their goal is to pry your money out of your hands. It seems since Netflix and Amazon split their relationships with the likes of CBS, Disney, Paramount and other video content providers a scramble is occurring. The landscape of video content to offer subscribers has become ever so … [Read more...] about Living in a Crowded Elevator