TORONTO–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT) (“POSaBIT” or the “Company”) is releasing an update to its previously announced brokered private placement with a syndicate, led by Canaccord Genuity Corp. (the “Agent”) to sell, by way of a private placement on a “commercially reasonable efforts” basis, units (the “Units”) of the Company at a price of…
DetailsNEW YORK–(BUSINESS WIRE)–Robbins Geller Rudman & Dowd LLP (http://www.rgrdlaw.com/cases/canntrust/) today announced that a class action has been commenced on behalf of purchasers of CannTrust Holdings Inc. (NASDAQ:CTST) common stock during the period between February 25, 2019 and July 12, 2019 (the “Class Period”). This action was filed in the Southern District of New York and…
DetailsLOUISVILLE, Ky.–(BUSINESS WIRE)–Turning Point Brands, Inc. (NYSE: TPB), a Kentucky-based industry leading marketer of Other Tobacco Products (OTP) and adult consumer alternatives, announced today it has invested $3 million for a 30% stake in ReCreation Marketing (“ReCreation”), a Canadian distribution entity. ReCreation is a specialty marketing and distribution firm focused on building brands in the…
DetailsLONDON–(BUSINESS WIRE)–The global two-wheeler brake pads market is expected to post a CAGR of over 9% during the period 2019-2023, according to the latest market research report by Technavio. A key factor driving the growth of the market is the increasing adoption of disc brakes. The increasing demand for safety among consumers has boosted the…
DetailsPHOENIX–(BUSINESS WIRE)–Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”), a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., announced today the acquisition of Phoenix operator Urban Greenhouse. The agreement advances the company’s expansion and market penetration efforts across Arizona, adding operations of the Urban Greenhouse medical…
DetailsTORONTO–(BUSINESS WIRE)–DionyMed Brands Inc. (“DionyMed” or “Company”) (CSE: DYME) (OTCQB: DYMEF), a multi-state cannabis brands platform, today confirmed the official close of its previously announced acquisition of select assets from MM Esperanza 2 LLC, doing business as “MMAC,” and MMAC’s 1.83 acre Los Angeles cannabis campus, including retail, distribution, manufacturing and cultivation licenses, for the…
DetailsFORT WORTH, Texas–(BUSINESS WIRE)–OZ Capital, LLC (“OZ Capital”) is pleased to announce its initial Qualified Opportunity Zone investment in Halcyon Thruput, LLC (“Halcyon”). Halcyon, located in Hopkinsville, KY is a post-harvest, midstream drying and processing facility for the recent federally legalized hemp crop. The business expects to bring more than thirty jobs to the Hopkinsville…
DetailsDALLAS–(BUSINESS WIRE)–Tenet Healthcare Corporation (NYSE: THC) today announced its intention to pursue a tax-free spin-off of its Conifer business as a separate, independent publicly traded company. The company expects to complete the spin-off by the end of the second quarter of 2021. This announcement is the culmination of the Conifer strategic review process announced in…
DetailsFORT LAUDERDALE, Fla.–(BUSINESS WIRE)–The Florida Hemp Council (FLHC ) has been formed by representatives of industry leaders: Blue Moon Hemp, Blume Hemp, Evello Global, Evio Labs, GenCanna Global, Green Roads, Mission Lago Farms, Natural Life and Veritas Farms. The Florida Hemp Council is a working group of farmers, processors, manufacturers, wholesalers, retailers and professionals dedicated…
DetailsATLANTA–(BUSINESS WIRE)–DEFY – the first performance-based CBD drink – is setting the stage for CBD in professional sports. Co-created by Pro Football Hall of Famer Terrell Davis (TD), DEFY is cracking the code on pro sports, creating an entirely new category for athletic performance and recovery. John Isner, Georgia Bulldog Alum, 5-time BB&T Open Champion…
DetailsRANCHO SANTA MARGARITA, Calif.–(BUSINESS WIRE)–Jacksam Corporation (OTCQB: JKSM) (the “Company” or “Jacksam/Convectium), a workflow automation company focused on developing machinery and equipment solutions for the cannabis and CBD industry, announced today that the Company has signed a Distribution Agreement with MainStem, Inc, the leading marketplace for ancillary products & centralized purchasing. MainStem’s online platform, with…
DetailsQUEBEC CITY–(BUSINESS WIRE)–Devonian Health Group Inc. (“Devonian” or the “Corporation“) (TSXv: GSD), a clinical stage biopharmaceutical corporation focused on developing a unique portfolio of botanical prescription drugs and cosmeceutical products, today announces that Professor George G. Zhanel has joined the Corporation’s Scientific Advisory Board for its Cannabinoids-based pharmaceutical program. Dr. Zhanel received his Ph.D. in…
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