News

AmeriHealth Caritas Urges Americans to Reduce Coronavirus Risk by Quitting Smoking and Vaping

June 17, 2020

PHILADELPHIA–(BUSINESS WIRE)–AmeriHealth Caritas, a national leader in Medicaid managed care and other health care solutions for those most in need, cautions that electronic cigarette (e-cigarette) use can lead to poorer health outcomes for people living below the federal poverty level, who are disproportionately affected by smoking-related health issues. Some health officials are becoming increasingly alarmed…

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 MedMen Announces Changes to Its Board of Directors and Resolution of MMMG-MC Litigation – Designated News Release

June 17, 2020

LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced that Adam Bierman, Co-Founder, stepped down as a member of the Company’s Board of Directors. In addition, Andrew Modlin, the Company’s other Co-Founder, stepped down as an observer to the Company’s Board of Directors. Mr. Modlin’s employment agreement with the…

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73 Million Americans Likely to Purchase CBD Before Year’s End

June 17, 2020

WASHINGTON–(BUSINESS WIRE)–The Hemp Business Journal, the hemp division of New Frontier Data, the global authority in data, analytics and business intelligence on the cannabis industry, releases the U.S. Hemp Market Report: Cannabinoids Edition, Volume 1 ahead of its new free Hemp Cannabinoid Webinar Series, the first in New Frontier Data’s multi-episode hemp webinar series. In…

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Praj and Lygos to Co-develop Advanced Lactic Acid Yeast Technology for Bio-based Products

June 16, 2020

PUNE, India & BERKELEY, Calif.–(BUSINESS WIRE)–Praj Industries Ltd. and Lygos, Inc. have signed a Memorandum of Understanding (MOU) to co-develop Lygos’s proprietary yeast for the production of lactic acid. As part of this MOU, Lygos will provide its proprietary yeast platform to Praj for jointly developing into various solutions for commercial applications. Praj has already…

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Burden of COVID-19 on the Market & Rehabilitation Plan | Global Legal Cannabis Market 2019-2023 | Legalization of Cannabis Worldwide to Boost Growth | Technavio

June 16, 2020

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…

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CBD Brand HUGS Wellness Launches Clean Skincare Line

June 16, 2020

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…

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AM Best Maintains Under Review With Positive Implications Status for Credit Ratings of Century Insurance Company (Guam) Limited

June 16, 2020

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…

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MJ, The World’s Largest Cannabis ETF, Declares Quarterly Dividend

June 16, 2020

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…

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Roots-based Educational Pride Summit and Celebration: Generation Pride

June 16, 2020

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…

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Intellicheck Set to Join the Russell 3000® and Russell 2000® Indexes

June 16, 2020

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…

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POSaBIT Reports Full Year 2019 Financial Results

June 16, 2020

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…

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Bluma Wellness Inc. Commences Trading on CSE

June 15, 2020

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…

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