News

Undertone Launches Fully-Integrated, Publisher-Cleared Advertising For Hemp-Based CBD Brands Seeking Broad Audiences and Aggressive Growth

June 15, 2020

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 –…

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CB Therapeutics Ships First Order of Rare Cannabinoids to Colorado Client

June 15, 2020

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…

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Brown-Forman to Sell Early Times, Canadian Mist, Collingwood

June 15, 2020

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…

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Xtraction Services Announces Name Change to XS Financial Inc., Along with New Ticker Symbol “XSF”

June 15, 2020

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…

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Innovative Industrial Properties Declares Second Quarter 2020 Dividends

June 15, 2020

SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a second quarter 2020 dividend of $1.06 per share of common stock, representing a 6% increase over…

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Burden of COVID-19 on the Market & Rehabilitation Plan | Global CBD Skincare Market 2020-2024 | Benefits of CBD in Skincare to Boost Growth | Technavio

June 12, 2020

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the global CBD skincare market and it is poised to grow by USD 1.64 bn during 2020-2024, progressing at a CAGR of 33% 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 COVID-19…

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The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against iAnthus Capital Holdings, Inc. (ITHUF)

June 12, 2020

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz reminds investors of the upcoming June 15, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (OTC: ITHUF) investors who purchased common stock between May 14, 2018 and April 6, 2020,…

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Cannabis Science and Technology® Named 2020 SIPAwards Finalist

June 12, 2020

CRANBURY, N.J.–(BUSINESS WIRE)– #SIPA2020–Cannabis Science and Technology®, recently named 2020 SIPAwards Finalist during the 41st Annual SIPAwards virtual ceremony on June 2.

SOL Global Announces Closing of Portfolio Company Bluma Wellness Inc.’s Reverse Takeover Transaction

June 12, 2020

TORONTO–(BUSINESS WIRE)–SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) is pleased to announce the closing of the previously announced reverse takeover transaction (the “RTO”) involving its portfolio company, CannCure Investments Inc. (“CannCure”). The common shares of the company resulting from the RTO, Bluma Wellness Inc. (“Bluma”) (formerly Goldstream…

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Total Life Changes Announces New Essential Soap With CBD

June 12, 2020

FAIR HAVEN, Mich.–(BUSINESS WIRE)–Total Life Changes announced today through its Facebook page the availability of its Essential Soap with CBD moisturizing lavender bar. The soap is $14.95 and is available through the totallifechanges.com website. The soap is the latest entry in the health and wellness company’s growing stable of CBD-enhanced products that includes Alleviate topical…

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Bluma Wellness Inc. Announces Closing of Reverse Takeover Transaction

June 11, 2020

TORONTO–(BUSINESS WIRE)–Bluma Wellness Inc. (formerly Goldstream Minerals Inc.) (the “Company” or “Bluma”) is pleased to announce the closing of its previously announced reverse takeover transaction (the “RTO”) with CannCure Investments Inc. (“CannCure”). The Company’s common shares (“Bluma Shares”) will commence trading on the Canadian Securities Exchange (the “CSE“) under the symbol “BWEL” once the CSE’s…

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Dorsey Expands Its Capital Markets and Corporate Compliance Practices with Addition of Anthony Marsico

June 11, 2020

NEW YORK–(BUSINESS WIRE)–International law firm Dorsey & Whitney LLP is pleased to announced that Anthony Marsico has joined the Firm’s Capital Markets and Corporate Compliance Practice Group in New York as a Partner. Mr. Marsico has more than 25 years of experience representing publicly traded and closely-held domestic and foreign corporations across a wide range…

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