Altria Participates in the Barclays Global Consumer Staples Conference; Reaffirms 2020 Full-Year Earnings Guidance

RICHMOND, Va.–(BUSINESS WIRE)–Altria Group, Inc. (Altria) (NYSE: MO) is participating today in the Barclays Global Consumer Staples Conference. Billy Gifford, Altria’s Chief Executive Officer, and Sal Mancuso, Chief Financial Officer, will host virtual meetings with investors to discuss the company’s business fundamentals. 2020 Full-Year Guidance Altria reaffirms its guidance for 2020 full-year adjusted diluted earnings…

Bluma Wellness Inc. Provides End-of-Month Operations Update and Financial Highlights for August 2020

TORONTO–(BUSINESS WIRE)–Bluma Wellness Inc. (the “Company” or “Bluma Wellness”) (CSE: BWEL.U) is pleased to provide its patients and investors with an end-of-month sales and operations report for the month ended August 31, 2020. These financial results have not been reviewed or audited by the Company’s auditors. Financial Highlights, August 2020 Bluma Wellness is pleased to…

Schwazze, Formerly Operating as Medicine Man Technologies, Inc., Announces Chief Operating Officer and Board of Director Appointments

DENVER–(BUSINESS WIRE)–Schwazze, formerly operating as Medicine Man Technologies Inc. (OTCQX: SHWZ) (“Schwazze ” or “the Company”), today announced executive and Board appointments that will accelerate growth and continue to build operational capabilities for the Company. Nirup Krishnamurthy, Chief Integration and Information Officer, will become Chief Operating Officer and Jeff Garwood, former GE executive, has been…

Cresco Labs Launches Good News Cannabis Brand

CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced the launch of its newest cannabis brand to its growing portfolio of national cannabis brands, Good News. With a unique and differentiated positioning from offerings in the market today, Good News embraces…

Sensata Technologies Raises Third Quarter 2020 Financial Guidance

SWINDON, England–(BUSINESS WIRE)–Sensata Technologies (NYSE:ST), a global industrial technology company and a leading provider of sensor-rich solutions that create insights for customers, today announced an update to its third quarter 2020 financial guidance originally provided on July 28, 2020. “We are seeing increased business activity especially in our Automotive business in Europe and the U.S.…

Columbia Care Signs Definitive Agreement to Acquire California-Based Project Cannabis

NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) has signed a definitive agreement to purchase Project Cannabis, an award-winning cannabis company based in Los Angeles, California, for approximately $57 million in Columbia Care stock and approximately $12 million in cash from the proceeds of a…

Supplement and Hemp Industry Associations Applaud Bipartisan Legislation to Regulate Hemp-Derived CBD

WASHINGTON–(BUSINESS WIRE)–Today, the four leading dietary supplement industry associations applaud Representative Kurt Schrader (D-OR) and Representative Morgan Griffith (R-VA), for introducing bipartisan legislation that would protect public health by providing legal clarity in the cannabidiol (CBD) product marketplace. The Hemp and Hemp derived CBD Consumer Protection and Market Stabilization Act of 2020 (H.R. 8179) directs…

Shield Compliance Partners with KeyPoint Credit Union to Serve the Legal Cannabis Industry in California

SEATTLE–(BUSINESS WIRE)–Shield Compliance (https://www.shieldbanking.com/), a comprehensive compliance management platform for banking legal marijuana-related businesses (MRBs), announced a partnership with California-based KeyPoint Credit Union to support its cannabis banking program. KeyPoint has implemented Shield Assure, Shield’s compliance management tool, Shield Engage, the company’s newly launched client onboarding system, and Shield Transact, which enables cashless, electronic payments.…

Global Cannabidiol (CBD) Oil Industry Report 2020: R&D Trends, Clinical Trials and FDA Approvals – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Cannabidiol (CBD) Oil Industry Report 2020” report has been added to ResearchAndMarkets.com’s offering. The global market for cannabidiol (CBD) oil should grow from $967.2 million in 2020 to $5.3 billion by 2025, at compound annual growth rate (CAGR) of 40.4% for the period of 2020-2025. The global CBD market is anticipated to…

Goldfinch Bio Initiates Phase 2 Clinical Trial Evaluating Novel Drug Candidate GFB-887 as a Precision Medicine for Patients with Kidney Diseases

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Goldfinch Bio, a clinical stage biotechnology company focused on discovering and developing precision medicines for the treatment of kidney diseases, today announced that it dosed the first patients in TRACTION-2, a Phase 2 clinical trial evaluating GFB-887 for the treatment of focal segmental glomerulosclerosis (FSGS) and diabetic nephropathy (DN)1. GFB-887 is a first-in-class…

cbdMD Signs Multi-Year, Exclusive Retail Distribution Agreement With Life Time, Inc.

CHARLOTTE, N.C.–(BUSINESS WIRE)–cbdMD, Inc. (NYSE American: YCBD, YCBD PR A) (the “Company”), one of the leading, most highly trusted, and most recognized cannabidiol (CBD) brands, has signed a multi-year, exclusive retail distribution agreement with Life Time, Inc., the premier healthy lifestyle brand. As part of the agreement, cbdMD’s award-winning products will be available for sale…