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This Week In Cannabis: Rescheduling Delays, The DEA, Biden's Clemency, Philip Morris' New Bet And More

Benzinga

This development prolongs the cannabis industry's wait for reforms that could enable tax deductions, better banking access and enhanced industry credibility. Florida Launches New Legalization Campaign Following a narrow defeat in 2024, Safe & Smart Florida filed a new ballot initiative to legalize recreational cannabis in 2026.

Banking 52
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Perspectives on M&A: A Conversation Between REAG’s Jaclyn Ring and Aaron Stremick

Scott Mashuda

She holds the prestigious CM&AP and M&AMI designations and will make history in 2026 as Chair of the M&A Source Board. About REAG: For over two decades, REAG ‘s Investment Banking Team has specialized in Mergers and Acquisitions and Private Capital Market Advisory services in the Lower Middle Market.

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Qatar: Bold Leap Into New Technologies

Global Finance

By 2026, Qatars GDP growth is expected to reach 5.5%, up from the current 2.4%, which would place it among the worlds fastest-growing economies. million tons annually by 2026. Digital Banking Another technological overhaul is taking place in the financial sector.

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Kenya: Capital Requirement Rule to Trigger Bank Mergers

Global Finance

This change will open the market to fintechs and digital banks, which is expected to increase market competition and, possibly, bank consolidations as small banks are forced to merge or exit the industry. By 2026, banks will be required to maintain KES10 billion ($77 million) in capital.

Banking 52
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Can Trump Fulfill Promise On Bank Deregulation?

Global Finance

Banks and the broader financial industry hope to be prime beneficiaries. US banking laws tend to be written in broad terms, leaving an array of regulators ample scope to interpret and enforce the specifics. Christopher Wolfe, who oversees US banks for Fitch Ratings, asks rhetorically. Is anything clear yet?

Banking 111
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Kuwait: Balancing Revenue Growth With Stability

Global Finance

In early February, the Cabinet approved a draft budget for fiscal year 2025-2026, signaling an 11% year-over-year increase in the deficit on slightly lower revenues. Along with the 2025-2026 budget, the Cabinet has approved close to $5.6 The Kuwaiti economy is at a turning point. Last year, $8.7 billion for 124 projects.

Banking 59
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Bracing For A Tariff War

Global Finance

Joachim Nagel, President of Germanys Central Bank, said, At present, the biggest source of uncertainty for the Forecast is a possible global increase in protectionism. According to the World Bank, US tariffs were among the lowest in the world, with a simple-average Most-Favored Nation (MFN) rate of around 3.4%.

Start-ups 119