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Supply chain decarbonization: The missing link to net zero

CIO Business Intelligence

For sustainable development, it is now widely agreed that we must achieve a shared global goal of cutting carbon emissions by 45% in the next 20 years from 2010 levels.   The good news is that businesses have started responding actively. More than 100 companies worldwide have pledged 100% use of renewables.

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Cannabis company Leafly completes 1-for-20 reverse stock split to avoid Nasdaq delisting

GeekWire

(Leafly Image) Seattle cannabis marketplace company Leafly this week completed a 1-for-20 reverse stock split, consolidating its shares in an effort to remain compliant with Nasdaq listing requirements. They are opposite from stock splitting, which is when public companies with high stock prices split up shares.

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Leafly avoids Nasdaq delisting after meeting minimum price requirements

GeekWire

(Leafly Image) Seattle cannabis marketplace company Leafly announced Monday that it received formal notice from Nasdaq that it regained compliance with the stock exchange, averting a potential delisting due to a violation of a minimum bid price rule. The company reported second quarter revenue of $10.7 million in the year-ago period.

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Pacific Northwest companies merge and raise cash to build energy efficient, modular construction tech

GeekWire

Aaron Fairchild, left, and Bec Chapin will be co-CEOs of the newly merged company Green Canopy NODE. With the merger, Bunnell has left day-to-day operations and is serving on the company’s board of directors. Merging with Green Canopy, which started in 2010, helps flesh out that ecosystem. GreenCanopy NODE photo).

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Leafly lays off 40 employees, marking its second round of cuts in a year

GeekWire

Several employees — including a creative lead and vice president of retail sales — said they were laid off by the company. The company went public last year in a SPAC deal. million in Q4, in line with the year-ago quarter, and a net loss of $5.8 Leafly is currently among Nasdaq’s list of noncompliant companies.

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NanoString stock sinks nearly 50% after losing patent lawsuit case against 10x Genomics

GeekWire

(NanoString Image) Shares of Seattle-based publicly traded biotech company NanoString Technologies fell nearly 50% to an all-time low on Monday following its loss in a patent infringement case against 10x Genomics. million in revenue for its most recent quarter, up 17% year-over-year, and a net loss of $93 million. It reported $153.6

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Amazon Go Grocery stores slated for Seattle area and Washington D.C., expanding retail footprint

GeekWire

The Redmond location, at 2010 148th Ave. The company confirmed its plans to the Seattle Times. Amazon’s big retail push positions the company to better compete with the sizeable brick-and-mortar footprints of Walmart, Target, Kroger, and others. of its total net sales of $75.5 Amazon posted $4.4 billion.

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