By James Wilber
HEXO ( HEXO) is partnering with Molson Coors (TAP) in making the first CBD infused beverage into the United States market. It is only available in Colorado, both in retail and online stores. Molson Coors and HEXO created a separate entity back in 2018 called Truss Beverages, a standalone company with its board of directors. They are building another separate entity called Truss CBD, which would oversee these new beverages, once again with its board of directors. Both are majority-owned by Molson.
With this news, both Molson Coors and HEXO had a great week on the NYSE, with them being up nearly 15% and 49%, respectively. The drinks are derived from hemp and contain no THC. They would have 20 milligrams of CBD. All drinks would have zero calories and sugar. There are three flavors: blueberry and lavender, tarragon blend, strawberry, and hibiscus. With these new drinks coming out would open up a whole new market for HEXO and Molson Coors to distribute and operate. It would be left to see how successful a CBD infused drink would be in the United States.
By Reed Erickson
In a recent announcement, Voyager Digital revealed their growth metrics for January thus far and its assets under management have surpassed a staggering USD $350 million. This $350 million is up 52% from the end of 2020, and this substantial growth is reflective of the Voyager model and the assertion that Voyager Digital is the future of cryptocurrency.
A crypto-asset broker offering investors a turnkey solution to trade crypto assets, Voyager Digital is currently watching its daily net deposits exceed USD $5 million during January, and this $5 million is up $4 million from December. Crypto-trading is hitting a mainstream stride in recent months, and as more and more people begin to enter the venture, Voyager Digital is finding much success in the newfound volume of users.
On a note of further expansion, Voyager Digital recently entered into an agreement with agent Stifel GMP as well. Stifel GMP, a leader in the small and mid cap segments of the Canadian capital markets, will receive 7% cash commission and compensation warrants (leading to an ability to purchase 7% of shares from said offer) while Voyager will use the generated proceeds for business expansion. The offering is expected to close near January 22nd of 2021.
Here at debatablestocks.com, we urge any veteran or up-and-comer in the cryptocurrency game to give Voyager Digital a shot. Download the Voyager app onto your mobile device and instantly start buying, selling and trading cryptocurrency commission free. Comprised of 40 total assets and finding incredible collective success amongst them, this success is on a trajectory to continue and you too can capitalize on the burgeoning prosperity of Voyager Digital.
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