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- Sweetcandy07Sweetcandy07
  ·2021-07-14
  Hi
  Senators unveil plan to end federal prohibition of cannabis
  Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D.
  Senators unveil plan to end federal prohibition of cannabis
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- Sweetcandy07Sweetcandy07
  ·2021-07-14
  Hi
  China Huarong Asset Management Cuts Stake In China Shuifa Singyes Energy - HKEX Filing
  Hong Kong stock exchange filing:China Huarong Asset Management Sold 3.3 Mln H-Shares In China Shuifa
  China Huarong Asset Management Cuts Stake In China Shuifa Singyes Energy - HKEX Filing
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- Sweetcandy07Sweetcandy07
  ·2021-07-07
  Ok
  Satellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff
  Satellite imagery and data specialist Planet Labs is preparing to go public, announcing on Wednesday
  Satellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff
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- Sweetcandy07Sweetcandy07
  ·2021-06-14
  Goodnice
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Medical research will no longer be stifled.\"</p>\n<p><img src=\"https://static.tigerbbs.com/900717536078796fae6f2dc33035fa23\" tg-width=\"705\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Servers prepare drinks for guests in front of three of the 50 cash registers at a VIP Event at Planet 13, which has an over-the-top superstore dispensary in Las Vegas, is opening what's billed as the \"second-largest cannabis superstore in the world\" on June 24, 2021 in Santa Ana, CA. (Gary Coronado / Los Angeles Times via Getty Images)More</p>\n<p>The proposal establishes 21 as the minimum age to purchase cannabis and limits retail sales to no more than 10 ounces of cannabis. It calls for federal agencies to research the impacts of cannabis use, legalization and cannabis-impaired driving — including research to establish an impairment standard for driving under the influence of cannabis.</p>\n<p>The Democratic trio has been working on the legislation for months. In an interview withYahoo Financeshortly after they announced their plan to work on the proposal, Sen. Wyden said Congress should \"finally recognize that the War on Drugs has failed.\"</p>\n<p>The plan would require expungement of federal non-violent cannabis convictions and encourage state and local governments to do the same. It would keep people from being denied federal benefits — such as housing or federal financial aid — because of cannabis use or possession. People who are not U.S. citizens could not be denied benefits or protection under immigration laws.</p>\n<p>The plan would also create new grant programs to fund nonprofits that help people who have been \"adversely impacted by the War on Drugs.\" It would make loans available to small businesses in the cannabis industry and help states and localities implement cannabis licensing programs.</p>\n<p><img src=\"https://static.tigerbbs.com/576fdad87970d904104ffbbba3f26400\" tg-width=\"705\" tg-height=\"470\" referrerpolicy=\"no-referrer\">People congregate on Union Square for Annual Cannabis rally to celebrate legalization of recreational marijuana in New York State. There was free distribution of joints for those who showed vaccination proof as well as signing up. (Photo by Lev Radin/Pacific Press/LightRocket via Getty Images)MoreExcise taxes</p>\n<p>The plan would impose an excise tax on cannabis products, similar to how the government taxes alcohol and tobacco. The general tax rate would be 10% for the year it's enacted and the full year after. It would gradually rise each year to 25%. Starting in the fifth year, the Treasury Secretary would set a rate based on quantity sold or milligrams of THC. Rates would be based on prevailing price of cannabis sold in the U.S. the prior year.</p>\n<p>Cannabis producers with less than $20 million in sales annually would be eligible for a tax credit to reduce their rate by 50%.</p>\n<p>\"When you can legalize something like this — where millions of millions of Americans have already voted that way — that can be a real plus for the economy. Certainly it can be a real plus for small businesses, for communities of color,\" said Wyden in an interview with Yahoo Finance in February.</p>\n<p><img src=\"https://static.tigerbbs.com/e9bf4362c536ae71901cef6d287fbec8\" tg-width=\"705\" tg-height=\"519\" referrerpolicy=\"no-referrer\">Cannabis Administration and Opportunity Act, Sens. Booker, Wyden, and Schumer</p>\n<p>President Joe Biden backed decriminalization of marijuana on the campaign trail, but the White House has not backed legalization efforts. In December, the Housepassed the MORE Act— which would remove marijuana from the controlled substance list and create restorative justice programs. Earlier this year, Rep. Jerry Nadler (D., N.Y.)reintroducedthe legislation.</p>\n<p>The senators are asking for input on the proposal by Sept. 1, so they can consider feedback before crafting the final bill. The proposal faces a difficult vote in the evenly-divided Senate.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Senators unveil plan to end federal prohibition of cannabis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSenators unveil plan to end federal prohibition of cannabis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/senators-unveil-plan-to-end-federal-prohibition-of-cannabis-093005691.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D., N.J.) are unveiling a discussion draft of their legislation to end the federal prohibition of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/senators-unveil-plan-to-end-federal-prohibition-of-cannabis-093005691.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc.","ACB":"奥罗拉大麻公司"},"source_url":"https://finance.yahoo.com/news/senators-unveil-plan-to-end-federal-prohibition-of-cannabis-093005691.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126687531","content_text":"Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D., N.J.) are unveiling a discussion draft of their legislation to end the federal prohibition of marijuana. The senators will detail their plan at a press conference on July 14.\nThe proposal— known as the Cannabis Administration and Opportunity Act — calls for removing cannabis from the federal list of controlled substances, allowing states to make their own decisions on cannabis. Many states have already moved to legalize recreational or medicinal marijuana use, but it still remains illegal under federal law.\n\"By ending the failed federal prohibition of cannabis, the Cannabis Administration and Opportunity Act will ensure that Americans – especially Black and Brown Americans – no longer have to fear arrest or be barred from public housing or federal financial aid for higher education for using cannabis in states where it’s legal,\" reads the discussion draft. \"State-compliant cannabis businesses will finally be treated like other businesses and allowed access to essential financial services, like bank accounts and loans. Medical research will no longer be stifled.\"\nServers prepare drinks for guests in front of three of the 50 cash registers at a VIP Event at Planet 13, which has an over-the-top superstore dispensary in Las Vegas, is opening what's billed as the \"second-largest cannabis superstore in the world\" on June 24, 2021 in Santa Ana, CA. (Gary Coronado / Los Angeles Times via Getty Images)More\nThe proposal establishes 21 as the minimum age to purchase cannabis and limits retail sales to no more than 10 ounces of cannabis. It calls for federal agencies to research the impacts of cannabis use, legalization and cannabis-impaired driving — including research to establish an impairment standard for driving under the influence of cannabis.\nThe Democratic trio has been working on the legislation for months. In an interview withYahoo Financeshortly after they announced their plan to work on the proposal, Sen. Wyden said Congress should \"finally recognize that the War on Drugs has failed.\"\nThe plan would require expungement of federal non-violent cannabis convictions and encourage state and local governments to do the same. It would keep people from being denied federal benefits — such as housing or federal financial aid — because of cannabis use or possession. People who are not U.S. citizens could not be denied benefits or protection under immigration laws.\nThe plan would also create new grant programs to fund nonprofits that help people who have been \"adversely impacted by the War on Drugs.\" It would make loans available to small businesses in the cannabis industry and help states and localities implement cannabis licensing programs.\nPeople congregate on Union Square for Annual Cannabis rally to celebrate legalization of recreational marijuana in New York State. There was free distribution of joints for those who showed vaccination proof as well as signing up. (Photo by Lev Radin/Pacific Press/LightRocket via Getty Images)MoreExcise taxes\nThe plan would impose an excise tax on cannabis products, similar to how the government taxes alcohol and tobacco. The general tax rate would be 10% for the year it's enacted and the full year after. It would gradually rise each year to 25%. Starting in the fifth year, the Treasury Secretary would set a rate based on quantity sold or milligrams of THC. Rates would be based on prevailing price of cannabis sold in the U.S. the prior year.\nCannabis producers with less than $20 million in sales annually would be eligible for a tax credit to reduce their rate by 50%.\n\"When you can legalize something like this — where millions of millions of Americans have already voted that way — that can be a real plus for the economy. Certainly it can be a real plus for small businesses, for communities of color,\" said Wyden in an interview with Yahoo Finance in February.\nCannabis Administration and Opportunity Act, Sens. Booker, Wyden, and Schumer\nPresident Joe Biden backed decriminalization of marijuana on the campaign trail, but the White House has not backed legalization efforts. In December, the Housepassed the MORE Act— which would remove marijuana from the controlled substance list and create restorative justice programs. Earlier this year, Rep. Jerry Nadler (D., N.Y.)reintroducedthe legislation.\nThe senators are asking for input on the proposal by Sept. 1, so they can consider feedback before crafting the final bill. The proposal faces a difficult vote in the evenly-divided Senate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144051401,"gmtCreate":1626255989803,"gmtModify":1703756443000,"author":{"id":"3583271760265734","authorId":"3583271760265734","name":"Sweetcandy07","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583271760265734","authorIdStr":"3583271760265734"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144051401","repostId":"2151307518","repostType":4,"repost":{"id":"2151307518","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1626254715,"share":"https://ttm.financial/m/news/2151307518?lang=&edition=fundamental","pubTime":"2021-07-14 17:25","market":"hk","language":"en","title":"China Huarong Asset Management Cuts Stake In China Shuifa Singyes Energy - HKEX Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2151307518","media":"T-Reuters","summary":"Hong Kong stock exchange filing:China Huarong Asset Management Sold 3.3 Mln H-Shares In China Shuifa","content":"<p>Hong Kong stock exchange filing:China Huarong Asset Management Sold 3.3 Mln H-Shares In China Shuifa Singyes Energy &lt;&lt;&lt;0750.Hk&gt;&gt;&gt; At Avg Price Of Hk$1.682 ($0.2166) Per Share On July 9 - Hkex Filing.China Huarong Asset Management'S Long Position In China Shuifa Singyes Energy Falls To 4.88% From 5.01% - Hkex Filing.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Huarong Asset Management Cuts Stake In China Shuifa Singyes Energy - HKEX Filing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Huarong Asset Management Cuts Stake In China Shuifa Singyes Energy - HKEX Filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-07-14 17:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hong Kong stock exchange filing:China Huarong Asset Management Sold 3.3 Mln H-Shares In China Shuifa Singyes Energy &lt;&lt;&lt;0750.Hk&gt;&gt;&gt; At Avg Price Of Hk$1.682 ($0.2166) Per Share On July 9 - Hkex Filing.China Huarong Asset Management'S Long Position In China Shuifa Singyes Energy Falls To 4.88% From 5.01% - Hkex Filing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00750":"水发兴业能源"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151307518","content_text":"Hong Kong stock exchange filing:China Huarong Asset Management Sold 3.3 Mln H-Shares In China Shuifa Singyes Energy <<<0750.Hk>>> At Avg Price Of Hk$1.682 ($0.2166) Per Share On July 9 - Hkex Filing.China Huarong Asset Management'S Long Position In China Shuifa Singyes Energy Falls To 4.88% From 5.01% - Hkex Filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140645886,"gmtCreate":1625657207245,"gmtModify":1703745764043,"author":{"id":"3583271760265734","authorId":"3583271760265734","name":"Sweetcandy07","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583271760265734","authorIdStr":"3583271760265734"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140645886","repostId":"1134812333","repostType":4,"repost":{"id":"1134812333","kind":"news","pubTimestamp":1625657069,"share":"https://ttm.financial/m/news/1134812333?lang=&edition=fundamental","pubTime":"2021-07-07 19:24","market":"us","language":"en","title":"Satellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff","url":"https://stock-news.laohu8.com/highlight/detail?id=1134812333","media":"CNBC","summary":"Satellite imagery and data specialist Planet Labs is preparing to go public, announcing on Wednesday","content":"<div>\n<p>Satellite imagery and data specialist Planet Labs is preparing to go public, announcing on Wednesday that it will merge with a SPAC to list on the New York Stock Exchange.\nPlanet Labs is combining ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/07/space-co-planet-labs-going-public-backed-by-google-blackrock-benioff.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Satellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSatellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/07/space-co-planet-labs-going-public-backed-by-google-blackrock-benioff.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Satellite imagery and data specialist Planet Labs is preparing to go public, announcing on Wednesday that it will merge with a SPAC to list on the New York Stock Exchange.\nPlanet Labs is combining ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/07/space-co-planet-labs-going-public-backed-by-google-blackrock-benioff.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/07/07/space-co-planet-labs-going-public-backed-by-google-blackrock-benioff.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1134812333","content_text":"Satellite imagery and data specialist Planet Labs is preparing to go public, announcing on Wednesday that it will merge with a SPAC to list on the New York Stock Exchange.\nPlanet Labs is combining with special purpose acquisition company dMY Technology Group IV, which trades on the NYSE under ticker DMYQ. The deal gives the space company a $2.8 billion equity valuation and is expected to close in the fourth quarter, resulting in Planet listing on the NYSE under ticker PL.\n\"Planet is a data company … we're a mature business and have a massive new and unique data set of our 190 satellites, the largest Earth imaging fleet ever, and more than 10 times anyone else,\" Planet co-founder and CEO Will Marshall told CNBC.\nShares of DYMQ rose 2% in premarket trading from its previous close of $9.81.\nCofounder and CEO Will MarshallPlanet\nThe deal is expected to raise $434 million in total for Planet, including a $200 million PIPE round – or private investment in public equity – led by BlackRock and joined byGoogle, Koch, andMarc Benioff'sTIME Ventures. Previously, Planet raised more than $380 million in capital from investors including Google, DFJ, Lux Capital, DCVC, Founders Fund, Space Capital, and more.\n\"I'm really excited by having such quality partners as we go into this important milestone for planet,\" Marshall said. \"We're doing this for the long haul.\"\nPlanet joins a trend of space companies going public through SPAC deals, with Virgin Galactic the first of the recent generation in 2019. Rocket builder Astra and satellite broadband focused AST & Science have each begun trading, with companies Rocket Lab, Spire Global, BlackSky, Redwire,Satellogic, and Momentus expected to follow in the coming months.\nA data subscription business\nPlanet has launched 462 satellites to date, and its current orbital fleet features 21 satellites that can capture imagery at a 50 centimeter resolution and about 120 that can capture imagery at a near three meter resolution. Resolution is a way to measure the detail that a satellite can image, so a smaller resolution means a higher quality look at what is on the ground.\nMarshall noted that its higher quality resolution satellites create a \"scan of the whole landmass of the Earth once per day.\"\nThe company's imagery then feeds into a data index that Planet says makes the Earth \"searchable\" for its more than 600 customers. Planet's customer contracts are set up as subscriptions, with 90% of those recurring annual contracts.Its existing revenueis largely split between four sectors: Civil at 24%, agriculture at 23%, defense and intelligence at 22%, and mapping at 17%.\n\n\"Analytics are foundational to the biggest trillion dollar trends happening in the global economy with digital transformation of various industries,\" Marshall said. \"'You can't manage what you can't measure.\"\nHe analogized Planet as a data business, rather than a satellite company, in the same way as Google is a search engine and advertising business, rather than server company.\n\"They have servers in the backend, yes ... Planet has satellites in the back end and we're really good at them,\" Marshall said . \"But we're a data business – we sell data to our clients; that's the value that they get\"\nOver $100 million last year\nPlanet generated $113 million in revenue last year – as the company's fiscal year 2021 ended on Jan. 31. While Marshall says that Planet \"don't need\" as much of the cash as its raising through this SPAC, the company will use it to grow its sales, marketing, and software lines.\nThe company aims to be profitable on an adjusted EBITDA basis by early 2025, and grow its revenue to nearly $700 million by early 2026.\n\"We're now ready to go out into the world, and the world really needs us,\" Marshall said. \"When we look around in the world, pretty much every company in every industry needs to measure ESG [environmental, social and governance] targets, every government in every country needs to measure their emissions, and so on. \"\n\"We've got to be a global business, and we're getting there,\" Marshall added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185980632,"gmtCreate":1623630442126,"gmtModify":1704207201895,"author":{"id":"3583271760265734","authorId":"3583271760265734","name":"Sweetcandy07","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583271760265734","authorIdStr":"3583271760265734"},"themes":[],"htmlText":"Goodnice","listText":"Goodnice","text":"Goodnice","images":[{"img":"https://static.tigerbbs.com/942f4765dcff1c1fe9f0b2f22f05a05b","width":"1125","height":"2605"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185980632","isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}