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 After interviewing several active investors in cannabis-related startups, we learned that the regulatory and functional landscape in Europe is just as fragmented as it is in North America. Another important data point that connects both regions: the black market is a competitive factor. According to Europol, illicit spending o nike sb dunk n cannabis in the EU amounts to 鈧? billion each year.However, things are moving on the legal side of t stan smith femmes he market 鈥?it appears medical cannabis still carries most of the momentum, and it is only accelerating. Around 鈧?54 million worth of unlicensed medical cannabis will be sold in Europe in 2022, according to market intelligence firm Prohibition Partners, and this number is expected to rise to around 鈧?.3 billion by 2026.Investments and M&A in the sector are also being spurred by Germany s promised legislation. Our belief is that M&A will be front of mind for all legal cannabis operators. The diffe nike jordan rence in Europe is that there is opportunity for non-cannabis Tpjt SmartArm s AI-powered prosthesis takes the prize at Microsoft s Imagine Cup
 CEO Joe Root, who co-founded the company with CTO Tim Spratt, noted that publishers are facing increasing regulation, while web browsers are phasing  skechers wanderschuhe out support for third-party cookies 鈥?all good news for privacy advocates, but with a real downside for publisher ad revenue  blocking cookies causes an  salomon xt average 52% decline in ad revenue, according to a Google study last year, though other estimates have been dramatically lower .Permutive tries to address these issu red sambas es by allowing publishers to utilize their own first-party data more effectively. Root estimated that without cookies, web visitors break down to 10% who are logged in and authenticated, while 90% are anonymous, and he said,聽 We use the insight and understanding from that 10% to make predictions about that 90%. So from a single anonymous pageview, Permutive can collect 20 or 30 data points about visitor behavior, which it then uses to try to project who that visitor might be and what they might be interested in. Root