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…
DetailsHONG 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…
DetailsAUSTIN, 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…
DetailsLONDON–(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…
DetailsPUNE, 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…
DetailsWASHINGTON–(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…
DetailsLOS 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…
DetailsPHILADELPHIA–(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…
DetailsBOSTON & SAN FRANCISCO–(BUSINESS WIRE)–Pear Therapeutics, Inc. today announced that the Health Science Authority (HSA) of Singapore has authorized reSET® for the treatment of adults with substance use disorder (SUD) in that country. This is the first time the HSA has authorized a prescription digital therapeutic (PDT) with claims to treat disease and/or improve clinical…
DetailsAUSTIN, Texas–(BUSINESS WIRE)–TFF Pharmaceuticals, Inc. (NASDAQ: TFFP), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative drug products based on its patented Thin Film Freezing (TFF) technology platform, today announced that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to Tacrolimus Inhalation Powder for prophylaxis of lung allograft rejection. Tacrolimus…
DetailsPORTLAND, Ore.–(BUSINESS WIRE)–Lazarus Naturals, makers of effective, affordable CBD products, and one of the Pacific Northwest’s largest hemp-derived CBD producers, is disputing the CBD industry on its widespread belief that price determines quality of a CBD brand. The company announced today that it has implemented a price reduction of 20 to 40 percent for many…
DetailsDENVER–(BUSINESS WIRE)–Green Dragon, a leading Colorado dispensary retailer, recently opened two new stores in the Denver Metro Area: The Boulder and the Cherry Creek neighborhoods of Denver. Green Dragon’s Boulder store, formerly Boulder Botanics, is located at 1750 30th St., serving the bustling commercial area surrounding the Crossroads Shopping Center. The Cherry Creek location, formerly…
Details