OMAHA, Neb.–(BUSINESS WIRE)–The Investor Movement Index® (IMXSM) reached 4.93 in May, up 7 percent from its April score of 4.61. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets. The reading for the five-week…
DetailsWOODBURN, Ore.–(BUSINESS WIRE)–Socati Corp., a leading scale processor of broad spectrum hemp extract with undetectable levels of THC, announced today the appointment of four new board members with decades of experience in rapid-growth companies and in high-potential CBD markets, including food, consumer packaged goods and pharmaceuticals. The appointments help further position Socati as an industry leader…
DetailsTORONTO–(BUSINESS WIRE)–NEO is pleased to announce that it has granted Jushi Holdings Inc. (“Jushi”) final approval of its business transaction and the company will begin trading today under the symbol NEO:JUSH. Opening its first day of trading with a market capitalization over U.S.$350 million, Jushi – seeking to be an integrated multi-state owner and operator…
DetailsLOS ANGELES–(BUSINESS WIRE)–Vertical Companies™ (“Vertical”) today announced it has entered into an exclusive letter of intent (“LOI“) with the newly formed UMBRLA, Inc. (“UMBRLA”), a holding company in the process of consolidating several highly-specialized cannabis subsidiaries active in California, Oregon, Nevada, Arizona, and Oklahoma. The companies UMBRLA is consolidating generated over $32 million in cannabis…
DetailsWOODBURN, Ore.–(BUSINESS WIRE)–Socati Corp., a leading scale processor of broad spectrum hemp extract with undetectable levels of THC, announced today the appointment of four new board members with decades of experience in rapid-growth companies and in high-potential CBD markets, including food, consumer packaged goods and pharmaceuticals. The appointments help further position Socati as an industry leader…
DetailsLOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) announced today it has reached a definitive agreement to purchase The 86 Company. Upon completion, Brown-Forman will add Fords Gin, a premium gin to its growing portfolio. “Fords Gin is a unique brand with terrific momentum in one of the fastest growing categories in spirits,” said Lawson Whiting, President…
DetailsSTONY BROOK, N.Y.–(BUSINESS WIRE)–Applied DNA Sciences Inc. (NASDAQ:APDN) (“Applied DNA”), a leader in PCR-based DNA manufacturing for product authenticity and traceability solutions, announced that its strategic partner to the global cannabis industry, TheraCann International Benchmark Corporation (“TheraCann”), has secured a collaboration agreement with House of Hemp (HoH), a licensed pioneer in South African fiber, seed, oil and…
DetailsADA, Okla.–(BUSINESS WIRE)–LegalShield, the leading provider of affordable legal plans and the IDShield identity theft solution for individuals, families and small businesses, announced that it will hold its third annual legal conference Elevate by LegalShield on June 20 – 22, 2019, at the Grand Hyatt Denver. Lawyers from LegalShield’s panel of provider law firms and…
DetailsLEHI, Utah–(BUSINESS WIRE)–Frelii Inc. (OTC PINK: FRLI) (“Frelii” or “the Company”) today announced the details of its recent agreement with Orn Health Inc. (Orn), a medical services provider, to license the Frelii exome and whole genome sequencing and artificial intelligence (AI) technology for use with new franchisee partners in their own medical practices for enhancing…
DetailsNANAIMO, British Columbia–(BUSINESS WIRE)–Tilray, Inc. (NASDAQ:TLRY), a global leader in cannabis research, cultivation, production, and distribution, today announced that it has signed a non-binding Letter of Intent (“LOI”) with its largest stockholder Privateer Holdings, Inc. (“Privateer”) for a transaction that will extend the lock-up on and provide for the orderly release of the 75 million…
DetailsDUBLIN–(BUSINESS WIRE)–The “North America Cannabis Market: Focus on Product Type, Medical Application, Distribution Channel, Countries Data (U.S. and Canada) and Competitive Landscape – Analysis and Forecast, 2019-2025” report has been added to ResearchAndMarkets.com’s offering. The North America cannabis market was valued at $13.21 billion in 2018 and is expected to reach $36.7 billion in 2025…
DetailsLOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises, Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) is pleased to partner with Equality California, the largest statewide LGBTQ civil rights organization. During the month of June at all California stores, MedMen will donate 15% of proceeds from limited-edition Pride products to advance LGBTQ equality. In addition, MedMen…
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