Sanity Group Acquisition Boosts Organigram's Quarterly Revenue

By Erik Hertzberg and Mario Baker Ramirez (Bloomberg) — Canadians are shaking off months of economic pessimism as worries about weak growth and higher energy prices fade. The Bloomberg Nanos Canadian Confidence Index rose to 52.55 in the week ended July 24, up from the recent trough of 46.31 at the beginning of April. A…

A vessel is anchored off the coast of Sharjah in the United Arab Emirates on Aug. 3, 2026. AFP | Getty Images Oil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz. Futures for international benchmark Brent crude for October delivery gained 1.25% to $83.52 a…

Bitcoin wallets that had laid dormant for more than a decade are being revived. Six wallets that were last active between 2011 and 2014 moved around $40 million in the cryptocurrency between Aug. 16 and Aug. 26, CoinDesk reported Sunday (Aug. 30), citing data from Galaxy Research. One of the wallets had been inactive for…

Indoor pickleball club operator Goodland Pickleball has secured two new club locations in New York City, Commercial Observer has learned.  The long-term leases span a total of 30,100 square feet within Class A buildings in Williamsburg, Brooklyn, and Rego Park, Queens. Goodland, which secured its first indoor New York City club in Brooklyn’s Greenpoint neighborhood…

Key insights: International Money Express, an international remittance company and $500 million acquisition target for Western Union, reported a 18% year-over-year decline in revenue in the second quarter, further calling into question whether the purchase holds the same value as it did a year ago when the deal was first announced. What’s at stake: Western…

“The strongest argument for claiming benefits earlier goes beyond the traditional break-even analyses.”