California Cannabis Farmers Face Insurance Crisis
California cannabis farmers find themselves in a difficult insurance predicament. The insurance market has become severely limited, leaving many farmers unable to secure appropriate policies to protect their investments. In light of recent events and legislative changes, the state now runs the risk of substantial financial losses due to this lack of insurance.
Continue readingDelay in U.S. Offshore Wind Farm Boosts Nexans’ Focus on European Sales
Due to delays in the development of an offshore wind farm off the coast of the United States, Nexans, a leading cable manufacturer, is considering increasing its sales efforts in the European market. This decision appears to stem from a slowdown in the deployment of offshore wind projects in the United States, which is expected to continue throughout the next year. As a result, Nexans is seeking to redirect its efforts and resources toward developed renewable energy sectors in Europe, where projects are progressing more actively.
Continue readingRiot Expresses Concerns Over Bitfarms’ Acquisition of Stronghold
Riot Platforms has voiced its concerns regarding Bitfarms’ recent acquisition of Stronghold Digital Mining, stating that it could have an unhealthy impact on the cryptocurrency mining market. Riot, known for its active position in Bitcoin mining, reports that the deal, which values Stronghold at $20 million, carries risks for the entire industry due to its potential for centralization and lack of competition.
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