CB Therapeutics Advances Its Intellectual Property Portfolio for Its Cellular Agriculture Platform with New Patent Applications

SAN DIEGO–(BUSINESS WIRE)–CB Therapeutics is a leading synthetic biotechnology company focused on the research and development of cellular agriculture for the production of high-value molecules, compounds and rare ingredients. CB Therapeutics has developed a patent-pending platform for creating and annotating libraries of biosynthetic pathway genes from next generation sequencing data. Processing and analyzing large amounts…

Leafbuyer Technologies, Inc. Posts 59% Year Over Year Revenue Growth

DENVER–(BUSINESS WIRE)–Leafbuyer Technologies, Inc. (LBUY) (“Leafbuyer” or “the Company”), a leading cannabis technology company, announced today that annual revenue rose 59% in the fiscal year ending June 30, 2019. The increase reflects the revenue booked in the year versus the previous year. “We have spent the last fiscal year optimizing our platforms to outpace our…

Inversago Pharma Strengthens its Clinical Leadership Team

MONTREAL–(BUSINESS WIRE)–Today Inversago Pharma Inc., a preclinical-stage biotech company developing new CB1 blockers for the treatment of targeted metabolic disorders, announced the appointment of Dr. Caroline Fradette as Vice-President, Clinical Research. “Over its first year of operations, Inversago has steadily progressed its programs towards the clinic”, highlighted François Ravenelle, PhD, CEO of the Company. “As…

Altria and Philip Morris International End Merger Discussions; Altria Provides Statement on JUUL Leadership Change; Tightens 2019 Full-year Earnings Guidance

RICHMOND, Va.–(BUSINESS WIRE)–Altria Group, Inc. (Altria) (NYSE:MO) today announced that merger discussions with Philip Morris International Inc. (PMI) (NYSE:PM) have ended. “While we believed the creation of a new merged company had the potential to create incremental revenue and cost synergies, we could not reach agreement,” said Howard Willard, Altria’s Chairman and Chief Executive Officer.…

FSD Pharma Signs LOI to Establish Joint Venture with World-Class Extractions to Deploy Full Extraction Processing Center

TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (CSE: HUGE) (OTC: FSDDF) (FRA: 0K9) (“FSD Pharma”, “FSD” or “the Company”) today announced the signing of a letter of intent (“LOI”) to establish a joint venture (the “Joint Venture”) with the Company’s wholly-owned subsidiary, FV Pharma Inc. (“FV Pharma”), and World-Class Extractions Inc. (“World-Class”) (CSE: PUMP) (FRA: WCF) to develop,…

ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Continues its Investigation of Securities Claims Against Sundial Growers Inc. – SNDL

NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Sundial Growers Inc. (NASDAQ: SNDL) resulting from allegations that Sundial may have issued materially misleading business information to the investing public. On August 1, 2019, Sundial closed its initial public offering (“IPO”),…

Key Players, Advocates, Decision Influencers and Change Makers to Explore Social Equity Issues in California’s Cannabis Industry

IRVINE, Calif.–(BUSINESS WIRE)–One of the great “promises” of cannabis legalization is the idea that people of color–those most disproportionately and negatively impacted by the nation’s failed “war on drugs”–would have an opportunity to participate in and benefit from the new, legal cannabis industry. That idea is called “social equity.” Advocates have championed social equity as…

The Arcview Group Welcomes Noted Entrepreneur, Investor, and “Shark Tank” Star Daymond John to Participate in NY Cannabis Investor Forum

SAN FRANCISCO–(BUSINESS WIRE)–The Arcview Group announced that noted empire builder, mentor and star of ABC’s “Shark Tank” Daymond John has agreed to join the “Ready to Invest?”™ session on the first day of the Arcview Investor Forum: The Evolution of Cannabis: 2020 in New York. The full event runs from Wednesday, Oct. 2 to Friday,…

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S. Cresco Labs Announces Closing of C$73.5 Million Underwritten Public Unit Offering

CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, is pleased to announce the closing today of its previously announced public offering (the “Offering”). Pursuant to the Offering, the Company issued 7,350,000 units (the “Units”) at a price…

Harvest and Falcon Together Certify Substantial Compliance with Second Request, Positions Company for Significant Revenue Growth in 2020

PHOENIX–(BUSINESS WIRE)–Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”), a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., and Falcon International Corp. (“Falcon”), a California-based cannabis company with experience in cultivation, manufacturing, wholesale distribution and brand development, today have both certified substantial compliance with the Request…

EVIO Inc. Provides Update on Status of Financials, Operations and Guidance on Company Outlook

HENDERSON, Nev.–(BUSINESS WIRE)–EVIO Inc. (the “Company” or “EVIO”) (OTCQB:EVIO) provides an update on fiscal 2018-2019 financial statements and outstanding quarterly results, highlights and clarifies on current operations, and provides guidance on future growth. Financial Statements In February 2019, the Company transitioned to a new auditor, BF Borgers CPA PC, in order to assist and facilitate…

Vertical Wellness Names Chief Financial Officer

LOS ANGELES–(BUSINESS WIRE)–Following an extensive search, Vertical Wellness announced today it has appointed John Philpott as Chief Financial Officer. Vertical Wellness (VWEL) is a leading multi-national vertically integrated brand company in the Hemp-based CBD industry. Headquartered in California, Vertical Wellness has operations in Arizona, California and Kentucky. VWEL has over 2,500 acres of hemp growing…