News

TORONTO–(BUSINESS WIRE)–Terrace Global Inc. (“Terrace Global” or the “Company”) (TSXV:TRCE) is pleased to provide an operational update at the Aljustrel, Portugal outdoor medical cannabis site which is jointly operated with The Flowr Corporation (TSXV – FLWR) (“Flowr”). As previously announced, the Company has entered into a joint venture with Flowr whereby the Company will fund…

Brown-Forman Reports Fiscal 2020 Results

LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its fourth quarter and fiscal year ended April 30, 2020. For the fourth quarter, the company’s reported net sales1 declined 5% to $709 million (-10% on an underlying basis2) compared to the same prior-year period. Reported operating income decreased 18% to $187 million (-27%…

Organigram and Canndoc Sign International Strategic Agreement

MONCTON, New Brunswick–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, today announced that it has entered into a multi-year agreement for supply of dried flower to one of Israel’s largest and most established medical cannabis producers, Canndoc Ltd. (“Canndoc”),…

Grown Rogue Achieves Indoor Flower Cash Cost Below US$1 Per Gram and Reports 7-Day Inventory Turns; Announces Sale of its California Subsidiary

MEDFORD, Ore.–(BUSINESS WIRE)–Grown Rogue International Inc. (“Grown Rogue” or “the Company”) (CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and assets in Oregon and Michigan, today announced it has achieved a cash cost to produce1 its award-winning, high quality, indoor dried flower for USD$0.81 per gram (USD$368/lb) at its Medford, OR facility, along…

VerdePharmHealth Signs Exclusive Partnership Agreement with Greene Street Pharmaceuticals for Cannabidiol Transdermal Patch

NEW HOPE, Pa.–(BUSINESS WIRE)–VerdePharmHealth today announced the signing of an exclusive national group purchasing agreement with Greene Street Pharmaceuticals that will utilize proprietary CBD-Cubed™ transdermal 24-hour delivery technology for multi-specialty patients. Both organizations aim to educate healthcare providers with best-in-class cannabinoid delivery options, simplify the supply chain, and reduce costs to meet the needs of…

FSD Pharma Announces Closing of C$10.125 Million Private Placement to Institutional Investors

TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE.CN) (FRA: 0K9A) (the “Company”) announces the closing of a previously announced private placement of 1,500,000 of the Company’s Class B Subordinate Voting Shares (“Shares”) at a price of C$6.75 per Share and warrants to purchase 1,500,000 Shares (cumulatively, the ”Securities”) of the Company to certain institutional investors…

Cresco Labs Announces the Appointment of National Basketball Players Association Executive Director and Renowned Trial Lawyer Michele Roberts to its Board of Directors

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 that it has welcomed current Executive Director of the National Basketball Players Association (“NBPA”), Michele Roberts, to its board of directors, effective immediately. A distinguished trial lawyer, celebrated business leader and former member…

Brown-Forman Announces Organizational Changes

LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman (NYSE: BFA)(NYSE: BFB) announced today an organizational structure change within its international business – the creation of Brown-Forman Europe and Brown-Forman Emerging International — with the overall goal of unlocking growth potential for markets, brands, and people. Marshall Farrer was named President of Brown-Forman Europe and Thomas Hinrichs was named President of…

Intellicheck Debuts New Corporate Logo and Website

MELVILLE, N.Y.–(BUSINESS WIRE)–Intellicheck (Nasdaq: IDN) has launched a new corporate logo and website. The changes come as the company continues to grow its authentication technology offerings and expand its North American presence. The new website delivers a more engaging user experience that incorporates the company’s comprehensive product offerings in a modern design that features improved…

Goldfinch Bio to Participate in Virtual Raymond James Human Health Innovations Conference

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 company management will participate in the Virtual Raymond James Human Health Innovations Conference on Wednesday, June 17, 2020. As part of the conference, Anthony Johnson, M.D., Chief Executive Officer of…

Kevin Harrington Joins Cannapreneur Partners as Investor and Strategic Advisor

WESTBOROUGH, Mass.–(BUSINESS WIRE)–Cannapreneur Partners, a leading cannabis investment firm specializing in early-stage startups, announced that Kevin Harrington — an original “Shark” on ABC’s Shark Tank, creator of the infomercial As Seen on TV brand and prominent business executive — will serve as a strategic advisor and brand ambassador for the firm and its portfolio companies.…

Global Grow Lights Market Analysis and Outlook 2020-2025 – Europe to Hold Largest Share of the Global Market During the Forecast Period – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Grow Lights Market by Offering (Hardware, and Software & Services), Installation Type (New and Retrofit), Application (Commercial Greenhouses, Vertical Farming, Indoor Farming, and Others), Lighting Type, Watt, and Geography – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering. The global grow lights market was valued at USD 1.2 billion in…