How to Start Your CBD Business in 2021: 6 Important Steps

Over 4,000 years ago, the Chinese Emperor, Shen Nung, wrote that hemp has theoretical abilities to treat gout, absentmindedness, and other ailments. In the digital era, there is a variety of CBD businesses and products. You can purchase your favorite CBD products both online and in-person.

According to a survey by Consumer Review, over a quarter of people in the United States have used CBD at least once in the last two years. If you plan on getting into the CBD business in 2021, here are a few helpful tips:

1.  Establish a Purpose

Every successful business needs a clear purpose. Establish your main purpose for creating a CBD business and work around it. Having a compelling ‘why’ will be a major motivation. It will help you make the right decisions. Here are a few important questions to ask:

  • Are you trying to make it your full-time job?
  • Is
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Iraq Moves To Exploit Its Massive Natural Gas Reserves

Official estimates are that Iraq’s proven reserves of conventional natural gas amount to at least 3.5 trillion cubic meters (tcm), or about 1.5 percent of the world’s total, placing Iraq 13th among global reserve-holders, with around three-quarters of this figure comprising associated gas that is found in the same reservoirs as oil. The International Energy Agency, though, estimates that ultimately recoverable resources will be considerably larger, at 8.0 tcm, of which around 30 percent is thought to be in the form of non-associated gas. Despite these huge potential gas resources, Iraq has made little substantial progress over the years on developing this potential either for associated or non-associated gas, mainly flaring the former and overlooking the latter. Last week, though, a heads-of-agreement deal was announced with French oil and gas giant, Total, to jointly work on four major projects that include developing the associated gas sector.

Part of the multi-billion … Read more

Air Canada Drops Offer To Buy Transat AT

Air Canada (TSX:AC) has withdrawn its takeover bid of vacation carrier Transat AT (TSX:TRZ) after it ran into resistance from European regulators.

Air Canada said it offered a “significant package of remedies” to satisfy the European Commission’s concerns that its merger with Transat would reduce competition on flights between the European Union and Canada.

The Montreal-based airline said in a written statement: “Providing additional, onerous remedies, which may still not secure a European approval, would significantly compromise Air Canada’s ability to compete internationally.”

Air Canada agreed to buy Transat, one of Canada’s biggest sellers of vacation flights and packages, in June 2019 and later raised its bid to $18 a share to win over recalcitrant shareholders and seal a friendly deal.

After the coronavirus pandemic struck, the companies agree to revise the deal to $5 a share in cash or Air Canada stock, valuing Transat at about $200 million.

The … Read more

S&P Breaks 4,000 Barrier

The S&P 500 crossed the 4,000 threshold for the first time Thursday as Wall Street built on a solid March following the rollout of President Joe Biden’s infrastructure plan.

The Dow Jones Industrials leaped 171.66 points to finish the day and week at 33,153.21.

The S&P 500 picked up 46.98 points, or 1.2%, to 4,019.87.

The NASDAQ Composite recouped 233.24 points, or 1.8%, to 13,480.11.

Alphabet and Netflix jumped more than 3%, while Amazon and Microsoft gained over 2%.

Wall Street just wrapped up March with solid gains. The Dow picked up 6.6%, and the S&P 500 climbed 4.3%, last month, posting their best month since November.

It was a short week, due to Good Friday, with the Dow closing 80 points better, or 0.24%, while the S&P took hold off 45 points, or 1.14%, and the NASDAQ jumped 341 points, or 2.6% over the last four trading days.

Microsoft … Read more

TSX Finishes Short Week Strong

Stocks in Toronto started April and the calendar year’s second quarter with a bang, climbing nearly 300 points, on the strength of resource stocks.

The TSX thundered higher 289.65 points to close Thursday at 18,990.32. The hike on the week was 237 points, or 1.27%.

The Canadian dollar gained 0.11 cents at 79.70 cents U.S.

Ontario will enter another lockdown on the weekend for 28 days, as it grapples with rising COVID-19 cases and intensive care hospitalization rates.

Gold led the way among gaining stocks, with Torex Resources vaulting 89 cents, or 5.6%, to $16.76, while NovaGold up 66 cents, or 6%, to $11.62.

The materials sector also flexed its muscles, with Endeavour Silver gaining 33 cents, or 5.3%, to $6.55, while Endeavour Mining ahead $1.37, or 5.4%, to $26.70.

Among energy plays, Parex Resources jumped $1.01, or 4.5%, to $23.42, while Cenovus Energy popped 41 cents, or 4.3%, to … Read more