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Cannabis Startups Expected To Boost Warehouse Rents In Boston, L.A.

PYMNTS

Industrial rents in already-expensive cities like Los Angeles and Boston are expected to get a boost because of weed startups, according to Bloomberg Markets. That trend is expected to continue in cities in California, Maine, Massachusetts and Nevada, all of which are now legalizing recreational weed.

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The Great Grocery Race Shifts Into High Gear

PYMNTS

Boston, Philadelphia and Washington D.C. The world’s largest retailer announced it has acquired the crowdsourced, on-demand delivery marketplace Cornershop for $225 million. Kroger released its Q2 earnings this week, and the market did not love what it saw. are reportedly next on the list of expansions. percent increase.

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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

HQ: Boston, Massachusetts. HQ: Las Vegas, Nevada. Tags: Payroll, unbanked, Egypt (initial market), Barclays (holds funds), debit cards, Visa, payments. There were two jumbo rounds: $50 million to cryptocurrency startup Circle and $30 million to multiple Finovate Best of Show winner MX (formerly Money Desktop). Total raised: $29.2