Category Archives: News Event

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…

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…

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.…

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…

FRISCO, Texas–(BUSINESS WIRE)–Conifer Health Solutions, LLC, a subsidiary of Tenet Healthcare Corporation (NYSE: THC), has announced the promotion of Mary Bacaj to president of its Conifer Value-Based Care, LLC business unit. Bacaj has served as a company vice president since 2015 and has led Value-Based Care since August 2019. “The impact of Mary’s steadfast leadership…

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…

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.…

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…

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…

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…

AUSTIN, Texas–(BUSINESS WIRE)–Astrotech Corporation (Nasdaq:ASTC) reported its financial results for the fiscal year ended June 30, 2020. Fiscal year 2020 has been a pivotal year for Astrotech Corporation. We had the first sales of our TRACER 1000™ explosives trace detector (ETD), we completed a number of successful field trials including a live screening with the…

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) and Feel Better, LLC dba FlowerShop* (“FlowerShop*”) are excited to announce signing of their partnership. Halo and FlowerShop* have executed a licensing, manufacturing, and distribution agreement for FlowerShop* branded products. Halo has signed a Membership Interest Purchase Agreement to acquire a…