MedMen Reports Fourth Quarter and Fiscal Year 2020 Financial Results and Pre-announces First Quarter 2021 Revenue

LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today released its consolidated financial results for the fourth quarter and fiscal year ended June 27, 2020. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated. Beginning in…

Sproutly Receives Amendment of its License from Health Canada Permitting Sales of Cannabis 2.0 Products Directly to Provinces & Territories

VANCOUVER, British Columbia–(BUSINESS WIRE)–Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) (“Sproutly” or the “Company”) announced today that the Company’s wholly-owned subsidiary, Toronto Herbal Remedies Inc., (“THR”), a licensed producer and processor under the Cannabis Act, has received an amended extract sales license from Health Canada (the “Sales License”). Under its Sales License, THR…

Dalwhinnie Acquires Shift Genuine Cannabis Brand, Consolidates Two World-Class Cannabis Companies

RIDGWAY, Colo.–(BUSINESS WIRE)–Purveyor of fine Colorado cannabis Dalwhinnie, announced today it acquired control of the Shift Genuine Cannabis brand, including Shift Refinery. “The acquisition was an obvious next step for Dalwhinnie,” said Terrance Mendez, Chief Executive Officer. “Acquiring full control of Shift Genuine Cannabis is an integral part of our plan to provide consumers with…

Halo Labs President Katie Field to Present at the 2020 Virtual Benzinga Cannabis Capital Conference

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) has announced its participation in the virtual Benzinga Cannabis Capital Conference beginning at 2:30 p.m. EST on Thursday, Oct. 15, 2020. Halo Labs President Katie Field will be presenting an overview of Halo Labs, its recent acquisitions and future vision. This…

DJI Introduces New RS 2 and RSC 2 Handheld Gimbals; More Info at B&H

NEW YORK–(BUSINESS WIRE)–B&H is excited to announce the lightweight and durable DJI RS 2 handheld gimbal stabilizer. Designed with mobile video shoots in mind, the RS 2 features feather-light carbon fiber axis arms, ActiveTrack 3.0 support, a full-color touchscreen LCD, numerous mounting options, enhanced balancing, fast-charge batteries, camera control, and DJI’s Titan Stabilization Algorithm with…

Goldfinch Bio Honored by Goldman Sachs for Entrepreneurship

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 Goldman Sachs (NYSE:GS) is recognizing Anthony Johnson, M.D., Goldfinch Bio’s President and Chief Executive Officer, as one of the 100 Most Intriguing Entrepreneurs of 2020 at its Builders + Innovators…

RED Digital Unveils the KOMODO 6K Compact Digital Cinema Camera; More Info at B&H

NEW YORK–(BUSINESS WIRE)–B&H is excited to announce yet another new and innovative RED DIGITAL CINEMA camera to push color, form, and camera sensor technology boundaries. This revolutionary and highly accessible camera is the RED KOMODO 6K, an all-in-one Super 35mm cinema camera in a form that even budget-conscious run-and-gun filmmakers can afford and understand. This…

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Aurora Cannabis, Inc. (ACB)

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming December 1, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Aurora Cannabis, Inc. (“Aurora” or the “Company”) (NYSE: ACB) securities between February 13, 2020 and September 4, 2020,…

Shield Compliance Partners with Credit Union 1 to Serve the Legal Cannabis Industry in Illinois and Nevada

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 Credit Union 1, which provides banking services to MRBs in Illinois and Nevada. Credit Union 1 has implemented Shield Assure to automate its data compliance processes, and Shield Engage to facilitate new member onboarding. “Shield Engage…

Alternative Investment Professionals Predict That Full Deal Activity Will Return in 2021

NEW YORK–(BUSINESS WIRE)–A new survey of more than 250 alternative investment professionals finds that a strong majority expect a return to pre-pandemic levels of deal activity by the close of 2021. The survey, conducted during EisnerAmper’s Virtual 5th Annual Alternative Investment Summit, shows that 74% of industry professionals predict a return to pre-COVID-19 deal activity…