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On-Demand Delivery Service Munchery Ceases Operations

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That came after it shut down service in Seattle, Los Angels, and New York. In May Munchery said it was planning to focus on its largest market, which was San Francisco, in an effort to become profitable. That never happened, prompting its action earlier this week.

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Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining

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CriticalPoint Capital, a Los Angeles merger and acquisition advisory and investment bank, will acquire the shoe website while the lingerie platform will be purchased by Delta Galil Industries, an Israeli manufacturer and marketer of branded and private label apparel products for men, women and children.

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eCommerce Grocer Weee Notches Almost $50M In Funding

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Lightspeed Ventures, iFly.vc, Silicon Valley Bank and Goodwater Capital were participants in the investment, Deal Street Asia reported. The new funding will assist the startup in speeding up team building, supply chain optimizations and market growth. Bigbasket competes against Amazon and Flipkart in the Indian eCommerce market.

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High Times Plans Brick-And-Mortar Locations

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announced it would be bringing a flagship retail store to Los Angeles and Las Vegas. They will operate under the logo and name of High Times. At the same time, different state laws make it a difficult space in which to operate. Hightimes Holding Corp. A disadvantage of strong demand is that there is not enough product.

Las Vegas 131
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Cannabis Cos See Share Prices Nosedive

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The public market for cannabis is off by more than 40 percent, despite the industry’s blazing forecast and enthusiastic quarterly reports, The Wall Street Journal (WSJ) reported on Saturday (Oct. Both companies operate dispensaries in several U.S. As a result, CannTrust’s market value fell below $600 million.

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Cannabis Firms See Share Prices Nosedive

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The public market for cannabis is off by more than 40 percent, despite the industry’s blazing forecast and enthusiastic quarterly reports, The Wall Street Journal (WSJ) reported on Saturday (Oct. Both companies operate dispensaries in several U.S. As a result, CannTrust’s market value fell below $600 million.

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2nd Address Goes After Business Travelers With $10M Investment

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A tech publication , citing the company, reported that the funding round was led by GV, the venture capital arm of Google and Foundation Capital. According to the report, the $18 billion business travel market is drawing interest from entrepreneurs. The aim is to expand into 17 additional markets during the year.