Category Archives: News Event

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the global legal cannabis market and it is poised to grow by USD 33.48 billion during 2019-2023, progressing at a CAGR of over 27% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the…

AUSTIN, Texas–(BUSINESS WIRE)–HUGS Wellness, a hemp-derived CBD brand based in Austin, TX, cements its entrance into the beauty and skincare market with the launch of a chamomile clay mask and eye serum. These two products make up the foundation of a larger beauty and skincare product line that will be released in 2020/2021. HUGS decided…

HONG KONG–(BUSINESS WIRE)–AM Best has maintained the under review with positive implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of Century Insurance Company (Guam) Limited (CIC Guam) (Guam). These Credit Ratings (rating) were placed under review on 3 July 2019, following an announcement that DB…

SUMMIT, N.J.–(BUSINESS WIRE)–ETFMG, a leading thematic ETF issuer behind the world’s largest cannabis ETF, MJ, the ETFMG Alternative Harvest ETF (NYSE Arca: MJ), has declared a $12,124,000 quarterly dividend, which equates to $0.28 cents per share. Across 2020, investors in MJ received a cumulative $16,404,000 in quarterly dividend payouts. This quarter’s dividend projects an annualized…

LOS ANGELES–(BUSINESS WIRE)–Today, Generation Pride launches their month-long multimedia education and storytelling campaign, produced by leadership development nonprofit hub The Social Impact Center, celebrity florist, event producer and cannabis advocate, The Flower Daddy, and womxn and non-binary creative and activist group, Tree Femme Collective. Hosted on June 27th, the anniversary of the Stonewall Riots, The…

MELVILLE, N.Y.–(BUSINESS WIRE)–Intellicheck (Nasdaq: IDN), an industry leader in identification authentication solutions, today announced that the Company is set to join the broad-market Russell 3000 and Russell 2000 Index at the conclusion of the 2020 Russell indexes annual reconstitution, effective after the U.S. stock market opens on June 29, 2020, based on a preliminary list…

TORONTO & SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company delivering unique payment processing and point-of-sale (POS) systems for cash-only businesses with a focus on the cannabis industry, is pleased to report its financial results for the year ended Dec. 31, 2019. “We are very happy with our 2019 results, nearly doubling…

TORONTO–(BUSINESS WIRE)–Bluma Wellness Inc. (formerly Goldstream Minerals Inc.) (the “Company” or “Bluma”) (CSE: BWEL.U) is pleased to announce that the Company’s common shares (“Bluma Shares”) have commenced trading on the Canadian Securities Exchange (the “CSE“), as the CSE’s conditions for listing have been satisfied and the CSE has issued its final exchange bulletin confirming the…

NEW YORK–(BUSINESS WIRE)–Undertone, a leader in digital advertising who combines a curated publisher network, AI-driven synchronization and award-winning creative in a single platform, today announced a significant advancement in the fragmented and inefficient CBD advertising marketplace. While the CBD category is large and growing – estimated to be a $1.3 billion market by 2022 –…

SAN DIEGO–(BUSINESS WIRE)–CB Therapeutics, Inc. has shipped its first order of rare cannabinoids to a customer in Colorado, marking the company’s first commercial sale. The shipment of the rare cannabinoids will be used for trial formulations of edible products to test consumer acceptance in the market. The CB Therapeutics patented biosynthetic platform in yeast, can…

LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) announced today that it has reached an agreement to sell the Early Times, Canadian Mist, and Collingwood brands, and the Canadian Mist production assets, to Sazerac Company. “Early Times and Canadian Mist have been valued brands in our portfolio for many years, and they each have played…

LOS ANGELES–(BUSINESS WIRE)–Xtraction Services Holding Corp. (“Xtraction Services”, “XS” or the “Company”) (CSE: XS) (OTCQB: XSHLF), a specialty finance company engaged in equipment leasing in the United States, is pleased to announce that it is in the process of changing its name to XS Financial Inc., along with a new ticker symbol of “XSF”. The…