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Major cryptocurrencies traded mixed on Monday evening after the SEC filed lawsuits against Binance and Coinbase. Investors are now focusing on the upcoming May CPI release and the Federal Reserve's interest rate decision. Crypto market capitalization has fallen below key indicators, signaling potential further downward momentum.

Portfolio Pulse from Mehab Qureshi

June 13, 2023 | 2:59 am

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The Washington Liquor and Cannabis Board has appointed Will Lukela as its new director. Several cannabis companies have announced board of directors voting results and recent top appointments, including Pathway Health Corp., Heritage Cannabis Holdings Corp., TILT Holdings Inc., Agra Ventures Ltd., Unrivaled Brands, Inc., One World Products, SNDL Inc., Bloomios, Inc., Sunsoil, Jones Soda Co., RS BioTherapeutics, and Verano Holdings Corp.

Portfolio Pulse from Jelena Martinovic

June 13, 2023 | 1:58 am

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Verano Holdings Corp. has secured an Integrated Facility License in Alabama, allowing it to operate a cultivation and processing facility and five retail cannabis dispensaries. The Alabama cannabis market is projected to reach sales of up to $695 million by 2028.

Portfolio Pulse from Joana Scopel

June 13, 2023 | 12:11 am

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House Republican hardliners plan to allow chamber votes this week on partisan measures involving gas stoves, pistol braces, and regulations, according to Reuters.

Portfolio Pulse from Charles Gross

June 12, 2023 | 9:51 pm

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The European Union is planning to file an antitrust case against Google's ad-tech business as early as Wednesday, according to the Wall Street Journal. EU regulators are considering pursuing a breakup of Google's ad-tech business.

Portfolio Pulse from Charles Gross

June 12, 2023 | 9:40 pm

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The Federal Reserve faces a critical juncture in its interest rate hiking cycle, with the outcome of the FOMC meeting on June 14-15 holding significant implications for markets and the economy. Bond investors anticipate a pause in the upcoming June meeting, but foresee potential rate hikes resuming as early as July. The iShares 1-3 Year Treasury Bond ETF (NYSE:SHY) has fallen 1.2% in the past month, reflecting expectations of further tightening by the bond market.

Portfolio Pulse from Piero Cingari

June 12, 2023 | 9:24 pm

Missfresh has received a Nasdaq notification regarding delisting due to filing delinquency. The company plans to request a hearing before the Panel and a further stay of any suspension action pending the conclusion of the hearing process.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 9:03 pm

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G Squared Ascend II (GSQB) plans to redeem public shares and cease all operations as of June 16, 2023, due to not consummating an initial business combination. The last trading day will be June 16, 2023, and the NYSE will file a Form 25 to delist its securities.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 8:45 pm

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Starton Therapeutics has received FDA authorization to proceed with its Phase 1b STAR-LLD clinical trial for multiple myeloma. The treatment will replace oral Revlimid with STAR-LLD and will be combined with Velcade and dexamethasone. Starton has signed an agreement for a business combination with Healthwell Acquisition Corp. I (NASDAQ:HWEL).

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 8:32 pm

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Kiromic Biopharma has appointed Brian Hungerford as its Interim CFO, according to an SEC filing. Hungerford brings extensive financial experience to the company.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 8:28 pm