News

SAN DIEGO–(BUSINESS WIRE)–CB Therapeutics, Inc. has achieved the first successful biosynthesis of DMT (N,N Dimethyltryptamine) and related tryptamine-based compounds in yeast and has filed a patent on their biosynthetic production process for DMT and related analogs. CB Therapeutics’ development of a DMT production process, and its patent application, closely follows the first biosynthetic production of…

Calyxt’s High Oleic Low Linolenic Soybean Oil Deemed Non-Regulated by USDA

ROSEVILLE, Minn.–(BUSINESS WIRE)–Calyxt, Inc. (NASDAQ: CLXT), a plant-based technology company, announced today that its high oleic low linolenic (HOLL) soybean has been deemed a non-regulated article under the “Am I Regulated?” process by Biotechnology Regulatory Services of the Animal and Plant Health Inspection Service (APHIS), an agency of the United States Department of Agriculture (USDA).…

Socati Receives Coveted USDA Certification; Begins Shipping Organic Broad Spectrum and Full Spectrum CBD Ingredient Line Up

AUSTIN, Texas–(BUSINESS WIRE)–Socati Corp today announced it has successfully completed the rigorous evaluation process and received official USDA Organic certification for its CBD ingredient line up which can be used in USDA Organic finished products. Significantly, Socati is the only commercial scale producer of USDA Organic certified cannabinoid ingredients with third-party verified non-detectable levels of…

Survey: COVID-19, Market Uncertainty Has Financial Advisers Feeling Bearish for the Next Six Months

DENVER–(BUSINESS WIRE)–COVID-19 is wreaking havoc across the country, especially in the financial markets and economy. With trillions of dollars in assets managed by the financial advisory community in the U.S., it’s logical to explore how financial advisers are feeling about the pandemic and their outlook for the economy. According to the 2020 Trends in Investing…

Halo Labs Provides Oregon Sales Update

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company“) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that retail sales of the Company’s Hush™ branded products have been growing in the state of Oregon. According to BDS Analytics, April 2020 cannabis sales in Oregon’s medical and adult-use dispensaries reached $89.5 million, the state’s best…

FSD Pharma Receives U.S. FDA Approval to Design a Phase 2a Clinical Trial to Treat Patients with Suspected or Confirmed COVID-19 Diagnosis

TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (Nasdaq: HUGE) (CSE: HUGE.CN) (FRA: 0K9A) (“FSD Pharma” or the “Company”) today announced that the U.S. Food and Drug Administration (FDA) has given the company permission to submit an Investigational New Drug Application (IND) for the use of FSD-201 (ultramicronized palmitoylethanolamide, or ultramicronized PEA) to treat COVID-19, the disease caused by…

Tenet Announces Pricing of its $600 Million Private Offering of Senior Secured Notes

DALLAS–(BUSINESS WIRE)–Tenet Healthcare Corporation (NYSE: THC) today announced the pricing of the previously announced private placement offering and has agreed to issue and sell $600 million in aggregate principal amount of senior secured first lien notes due on June 15, 2028, which will bear interest at a rate of 4.625% per annum (the “notes”). Completion…

Clear Cannabis, Inc. Expands The Clear™ Offering With New Apothecary CBD Line

DENVER–(BUSINESS WIRE)–Clear Cannabis, Inc., a leading cannabis distribution and infrastructure company, introduces a new line of CBD wellness products that are available nationwide under the Apothecary brand. The products can now be purchased at select retail stores in California and online. “Clear Cannabis, Inc. is proud to be applying our expertise in extraction and product…

Fluence Expands PhysioSpec™ Spectra Offering on VYPR Series for Global Greenhouse Cultivators

AUSTIN, Texas–(BUSINESS WIRE)–Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and agriculture production, announced today the launch of four additional spectra on its VYPR top light series, featuring market-leading efficacies up to 3.8 µmol/J. From broad white to high red, Fluence’s extended PhysioSpec™ spectra enable growers to…

ZYUS Strengthens Leadership Team With Appointment of Two Experienced Senior Executives

SASKATOON, Saskatchewan–(BUSINESS WIRE)–ZYUS Life Sciences Inc. (“ZYUS”), a company focused on the global development and commercialization of innovative and patient-focused cannabinoid-based formulations and product candidates, has added two experienced leaders to its powerful executive team with the appointment of Lionel Marks de Chabris, MD to the newly created position of Chief Medical Officer, and Brian…

Tenet Announces $600 Million Private Offering of Senior Secured Notes

DALLAS–(BUSINESS WIRE)–Tenet Healthcare Corporation (NYSE: THC) today announced a private placement offering of $600 million in aggregate principal amount of newly issued senior secured first lien notes maturing in 2028 (the “notes”). Completion of the offering is subject to, among other things, pricing and standard closing and market conditions. Tenet intends to use the net…

PAX Labs Launches New Connected App for Desktop

June 1, 2020

SAN FRANCISCO–(BUSINESS WIRE)–Today PAX Labs announced a new web-based desktop app for use with the PAX® 3, PAX® Era Pro™, and PAX® Era™ cannabis vaporizer devices. Built in response to Apple’s removal of vaporization-related apps from the App Store, PAX’s new desktop solution delivers access to important product information and safety features. Millions of consumers…