News

CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that its executive team will participate in the following conferences in December 2019: Investor Intelligence Conference – Cowen Master Class, Las Vegas, December 10th at 2 p.m. PST: Charlie Bachtell,…

RTW Retailwinds, Inc. Announces 2019 3rd Quarter Results

NEW YORK–(BUSINESS WIRE)–RTW Retailwinds, Inc. [NYSE:RTW], an omni-channel specialty apparel retail platform for powerful celebrity and consumer brands, today announced results for the third quarter of fiscal year 2019 ended November 2, 2019. Gregory Scott, Chief Executive Office of RTW Retailwinds, said: “Overall, we were disappointed with our third quarter results as softness in our…

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Aurora Cannabis Inc.

BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith reminds investors of the upcoming January 21, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Aurora Cannabis Inc. (“Aurora” or the “Company”) (NYSE: ACB) securities between September 11, 2019 and November 14, 2019, inclusive (the “Class…

Medicine Man Technologies Acquisiton Target, MedPharm, to Launch a Landmark Randomized Clinical Trial Taking Aim at Treating Alzheimer’s with Cannabis

DENVER–(BUSINESS WIRE)– #alzheimers–Medicine Man Technologies Acquisiton Target, MedPharm, to Launch a Landmark Randomized Clinical Trial Taking Aim at Treating Alzheimer’s with Cannabis

Brown-Forman Reports First Half Results; Reaffirms Full Year Earnings Per Share Outlook for Fiscal 2020

LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) reported financial results for its second quarter and first half of fiscal 2020. For the second quarter, the company’s reported net sales1 were up 9% to $989 million (+6% on an underlying basis2) compared to the same prior-year period. In the quarter, reported operating income increased 6% to $352…

Abacus Health Products Announces Voluntary Extension of Lock-Up Agreements

WOONSOCKET, R.I. & TORONTO–(BUSINESS WIRE)–Abacus Health Products, Inc. (CSE: ABCS, OTCQX: ABAHF) (“Abacus” or the “Company”) today announced that it has secured from key shareholders a voluntary extension to lock-up agreements representing approximately 8 million subordinate voting shares, including subordinate voting shares issuable upon conversion of locked-up proportionate voting shares. The agreements were originally entered…

FSD Pharma to Present at 12th Annual LD Micro Main Event Investor Conference on December 11

TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD Pharma” or the “Company”) announces that Edward Brennan, MD, President, BioSciences Division, will present an overview of the Company at the 12th Annual LD Micro Main Event Investor conference at 12:20 p.m. PT/3:20 p.m. ET on Wednesday, December 11, 2019 at the Luxe Sunset…

Eureka 93 Inc. Enters into Restructuring and Reverses Previous Components of Share Transfer Agreement and Enters Into a Share Cancellation Agreement

OTTAWA, Canada–(BUSINESS WIRE)–Eureka 93 Inc. (CSE: ERKA, “Eureka93”) announced today that the current Board of Directors, after having reviewed strategic alternatives, has recommended that the company enter into an initial restructuring phase by reversing certain components of share transfer agreements, and entering to a share cancellation agreement, subject to partial revocation of the cease trade…

Brazil’s Legalization of Medical Cannabis Opens up New Market Opportunity for Terrace Global

TORONTO–(BUSINESS WIRE)–Terrace Global Inc. (“Terrace Global” or the “Company”) (TSXV:TRCE), a multi-country operator focused on the development and acquisitions of international cannabis assets, believes it is well-positioned to capitalize on this week’s announcement, by Brazil’s National Agency for Health Surveillance (“Anvisa”), approving the importation and sale of medical cannabis while, at the same time prohibiting…

2019 Consumer and Finance Research Review – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “2019 Consumer and Finance Research Review” report has been added to ResearchAndMarkets.com’s offering. In consumer and finance sectors, technology of Artificial intelligence (AI) is expected to have the potential to be among one of the most developed technologies. AI is increasing innovation in every sector, but it has major applications in the sectors…

Vertosa Raises $6 Million in Series Seed Funding Round

OAKLAND, Calif.–(BUSINESS WIRE)–Vertosa, an innovative cannabis technology company providing customized emulsion systems for infused products, today announced it has closed a $6 million Series Seed Funding Round co-led by the California-based AFI Capital Partners and the New York-based Welcan Capital. Vertosa will use the new capital to continue to scale strategically, solidify their integral role…

CB Therapeutics Achieves Major Breakthrough in the Biosynthesis of Psilocybin, Psilocin and Related Tryptamine-based Compounds

SAN DIEGO–(BUSINESS WIRE)–CB Therapeutics, Inc. has achieved the successful biosynthesis of psilocybin, psilocin and related tryptamine-based compounds typically found in plants and fungi and has filed a patent for the production process. In early testing, the analysis of raw analytical samples has shown the biosynthetic process to be significantly more efficient, of higher purity and…